DETROIT — Canada’s two largest railroads are starting to shut down their shipping networks as a labor dispute with the Teamsters union threatens to cause lockouts or strikes that would disrupt cross-border trade with the U.S. Both the Canadian Pacific ...
Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq nearly five months ago after a merger. Trump Media, the company that owns the Republican presidential nominee’s preferred social messaging platform Truth Social, ...
The Securities and Exchange Commission on Monday said it fined billionaire activist investor Carl Icahn and his company $2 million, settling allegations that he failed to disclose billions of dollars worth of personal margin loans pledged against the value of his Icahn Enterprises stock. ...
DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, CNBC has learned. The layoffs, including roughly 600 jobs at GM’s tech campus near Detroit, ...
The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment, particularly in rural communities in need of economic development. The future of those investments could hinge on the outcome of ...
Newly appointed Starbucks CEO Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the coffee giant next month. Instead, Starbucks says Niccol can live in his home in Newport Beach, California and commute ...
The European Union on Tuesday said planned tariffs on Tesla vehicles being imported from China would be cut to 9% from 20.8%, while also reducing a number of planned import duties on other electric vehicle firms. In June, the E.U. said it would ...
Good morning and welcome to this week’s Flight Path. Equities continue their path out of the “NoGo” correction. This week we saw amber “Go Fish” bars over the second half of the week. GoNoGo Trend shows that the trend in treasury bond ...
In this StockCharts TV video, Mary Ellen highlights what drove last week’s sharp rally in the markets – posting their largest weekly gains for the year! She takes a close look at retail and cybersecurity stocks setting up for gains, and ...
Today Carl and Erin discuss the potential of a housing crash as more evidence is coming in that many haven’t thought of. Private Equity firms have become very involved in the housing market, buying up properties on high amounts of ...