Browsing: Business

U.S. officials detained 475 workers at Hyundai’s Georgia battery plant, pausing construction and prompting South Korea to arrange repatriation flights.

88 postal operators suspended US-bound mail after the US revoked the de minimis exemption, triggering an 81% drop in global postal traffic.

U.S. job openings fell to 7.18 million in July, the lowest since October 2024, signaling continued slowdown across key sectors.

Macy’s stock surged 20% after it reported surprise sales growth and exceeded earnings estimates in Q2, raising its full-year revenue forecast.

Alibaba shares surged 19% after cloud unit revenue jumped 26% and reports confirmed its push to develop a domestic AI chip amid U.S. tech restrictions.

U.S. spirits giant Brown-Forman reported a sharp 62 percent decline in Canadian sales of its flagship brand Jack Daniel’s, attributing the drop…

Alberta reports a C$6.5B deficit for 2025–26 in its Q1 update, driven by falling oil royalties and rising labor costs, reversing last year’s budget surplus.

Canadian bank leaders warn that global trade uncertainty threatens future growth, despite stronger-than-expected Q3 profits across major institutions.

Best Buy Q2 revenue hit $9.44B, beating forecasts, with gains in online and global sales, while the retailer maintained its full-year guidance.

Fears of an AI bubble grow as analysts warn that tech stock valuations and market behavior are starting to mirror the lead-up to the 2000 dot-com crash.