Breadcrumb Trail Links PMN Business President Joe Biden said he was increasing federal assistance to California as the state deals with raging wildfires that have ravaged communities and that he had urged Governor Gavin Newsom to spare no expense in combating the deadly flames. Author of the article: Bloomberg News Josh Wingrove Published Jan 09, […]
Breadcrumb Trail Links PMN Business US employers probably tempered their hiring last month to wrap up a year of moderating yet still-healthy job growth that economists expect to carry on in 2025. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 04, 2025 • 5 minute read 213dmoidagqh9ahdbmenffy)_media_dl_1.png National statistics agency, […]
Breadcrumb Trail Links PMN Business (Bloomberg) — For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a company based in close ally Japan wasn’t enough to allay national-security concerns. Author of the […]
Breadcrumb Trail Links PMN Business His second term doesn’t start for a month, but Donald Trump is already sending shock waves around the world. Author of the article: Bloomberg News Josh Wingrove Published Dec 22, 2024 • Last updated 1 minute ago • 6 minute read China is preparing tools for a potential trade war in […]
Article content (Bloomberg) — Sonic the Hedgehog 3, from Paramount Global’s film studio, was Hollywood’s highest grossing film this weekend with $62 million in ticket sales in the US and Canada. The results beat Walt Disney Co.’s Mufasa: The Lion King, which debuted to $35 million. Article content Sonic’s performance was below forecasts for at […]
Article content (Bloomberg) — More than 50 Liberal Party members of parliament from Ontario came to a “consensus” during a conference call that Justin Trudeau must step down as prime minister, the Canadian Broadcasting Corp. reported. Article content That would represent about a third of the Liberal caucus, which has 153 seats in Canada’s House […]
Breadcrumb Trail Links PMN Business Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries. Author of the article: Bloomberg News Bloomberg News Published Dec 21, 2024 • 8 minute […]
Article content (Bloomberg) — Canada is deploying what it calls an “aerial intelligence task force” as part of a new C$1.3 billion ($908 million) plan to address US President-elect Donald Trump’s concerns about migrants and fentanyl flowing across the northern border. Article content The Royal Canadian Mounted Police will operate the task force, made up […]
Breadcrumb Trail Links PMN Business The risk of blackouts will increase for most of North America over the coming decade due to surging electricity demand and the closing of fossil-fuel power plants, according to a report by a grid reliability regulator. Author of the article: Bloomberg News Mark Chediak and Naureen S. Malik Published Dec […]
Article content (Bloomberg) — After years of lagging returns and more recent concerns over US office loans, Canadian Imperial Bank of Commerce has turned a corner with investors. Chief Executive Officer Victor Dodig says he won’t put that at risk with acquisitions that reduce shareholder value. Article content “The investor sentiment fundamentally says that CIBC […]