Home Business

Business

Trans Mountain still faces huge ‘execution risk up until the oil starts flowing’, Moody’s warns

CALGARY – The oilpatch applauded Ottawa’s long-awaited announcement that it will build the Trans Mountain pipeline expansion, but also worried about further delays to the $7.4 billion project. “Does it change investment strategies at the operating level or f…

Huawei’s future is in peril as its problems mount in wake of US crackdown

Things just keep getting worse for Huawei. Before last month, Huawei's place in the technology industry was defined by its ascent to become the world's second-largest smartphone maker and its sizeable presence in the telecom equipment market. But now, t…

Fed holds rates steady, but signals possible cuts later this year

WASHINGTON — The U.S. Federal Reserve held interest rates steady on Wednesday but signalled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected infl…

Beyond Meat shorts getting closer to ‘tipping point’ as losses mount

Beyond Meat Inc. bears are battered, but they haven’t given up — yet. Short sellers have managed to dodge a short squeeze despite the stock’s 35 per cent advance in the past six trading days, according to S3 Analytics. While the stock fell as much as 4.5 per…

Facebook CEO Mark Zuckerberg’s Approval Rating Nosedives. Here’s Where He Ranks

Facebook CEO Mark Zuckerberg is losing support among his employees amid a series of privacy stumbles, antitrust inquires, and complaints that he did little to stop disinformation campaigns on the social network he co-founded. Zuckerberg was ranked No. 55 on …
error: Content is protected !!