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 […]
Breadcrumb Trail Links PMN Business A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve. Author of the article: Bloomberg News Craig Stirling Published Dec 14, 2024 • 7 minute read v2)ck0es6[hmil8cu}04w8j1_media_dl_1.png Central banks, […]