National Business News - CochraneEagle.ca

Bitcoin neared $90,000 in a new record high. What to know about crypto's post-election rally

NEW YORK (AP) — As money continues to pour into crypto following Donald Trump's reelection last week, bitcoin has climbed to yet another record high.

Nov 12, 2024 3:48 PM Read more >

S&P/TSX composite rises as Shopify shares soar, U.S. markets end post-election rally

TORONTO — Canada's main stock index rose on Tuesday, buoyed by a 21-per-cent gain in Shopify Inc. shares, while U.S. markets pulled back after a weeklong post-election rally. Following Donald Trump's victory last week in the U.S.

Nov 12, 2024 3:01 PM Read more >

CAE chief executive Marc Parent to leave company in August 2025

MONTREAL — Flight simulator maker CAE Inc. says its chief executive Marc Parent is set to leave the company in August 2025 and a search for his replacement has begun.

Nov 12, 2024 2:55 PM Read more >

Trump campaign promises unlikely to harm entrepreneurship: Shopify CFO

Shopify Inc. executives brushed off concerns that incoming U.S. President Donald Trump will be a major detriment to many of the company's merchants.

Nov 12, 2024 2:32 PM Read more >

RioCan cuts nearly 10 per cent of staff in efficiency push

TORONTO — RioCan Real Estate Investment Trust says it cut almost 10 per cent of its staff in October in a restructuring push for greater efficiency as the company also holds back on new construction.

Nov 12, 2024 2:07 PM Read more >

Stock market today: Wall Street edges lower as the Trump trade cools

NEW YORK (AP) — U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% Tuesday, coming off its latest record.

Nov 12, 2024 2:06 PM Read more >

Jury awards Abu Ghraib detainees $42 million, holds contractor responsible

ALEXANDRIA, Va. (AP) — A U.S.

Nov 12, 2024 1:15 PM Read more >

23andMe cuts 40% of its workforce and discontinues therapeutics division

NEW YORK (AP) — 23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs.

Nov 12, 2024 10:40 AM Read more >

Jury awards Abu Ghraib detainees $42 million, holds contractor responsible

ALEXANDRIA, Va. (AP) — A U.S.

Nov 12, 2024 10:22 AM Read more >

My Little Pony finally hits the Toy Hall of Fame, alongside Phase 10 and Transformers

ROCHESTER, N.Y. (AP) — My Little Pony finally made it to the winner's circle.

Nov 12, 2024 9:50 AM Read more >