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BNN Bloomberg Picks
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6:28
Stock pickers defy Wall Street norm to risk it all on a few bets
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7:38
Canada's biggest province expects to land another EV battery plant
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10:29
Red tape and delays are holding back Canada’s productivity, Poloz and Manley say
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Morgan Stanley warns U.S. elections threaten popular macro trades
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Roaring Kitty’s Reddit post on GameStop could spell US$485 Million paper fortune
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Cargill shifts beef production after weeklong strike at Canada plant
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Jun 3
The Bank of Canada will announce its latest interest rate decision on Wednesday amid speculation that the central bank might start to cut rates.
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22h ago
7:14Rail strike could cost manufacturers millions, industry says
A rail strike would raise expenses, lower sales and delay shipments for Canada's manufacturers, an industry group says, as various sectors grapple with looming uncertainty around a key cross-country transport link.
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23h ago
9:13Shopify shareholders approve exec pay plan, proxy advisers urged rejection
Shopify Inc. shareholders have approved the e-commerce giant's compensation plan for executives.
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13h ago
Wet'suwet'en hereditary chiefs urge banks to snub TC Energy bonds
An Indigenous group that opposed the construction of the Coastal GasLink pipeline is urging banks and investors against financing a proposed second phase of the project.
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23h ago
4:06Carbon capture rollout lags as industry, Ottawa at odds over who shoulders risk
The question of who should bear the financial risk for pricey carbon capture and storage projects has become a stumbling block slowing the technology's adoption in Canada.
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May 31
Laurentian Bank of Canada is slashing its Toronto office space by two-thirds as it leans into a hybrid work model and seeks cost savings amid a broader strategic revamp.
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13h ago
Musk gives explanation for why chips diverted from Tesla to X
Elon Musk confirmed he diverted artificial intelligence chips away from Tesla Inc. to his X Corp. and xAI Corp. ventures, offering explanations both for the redirected shipment and internal Nvidia Corp. emails casting doubt on the carmaker’s procurement plans.
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12h ago
WestJet announces UltraBasic fare with no carry-on bag
WestJet Airlines has replaced its basic ticket tier with a new fare category that does away with a free carry-on bag and other perks travellers once took for granted.
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May 31
The federal government ended the 2023-24 fiscal year with a deficit of $50.9 billion.
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12h ago
Toyota car certification scandal prompts calls for rules review
The safety requirements that led Toyota Motor Corp., Honda Motor Co. and other Japanese carmakers to falsify certification tests may be overly stringent and outdated given advancements in automobile design and technology, fueling calls for their review.
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21h ago
Surveillance camera maker founded by twin brothers raises US$125 million in debt
Vosker Corp., a Canadian maker of surveillance cameras, raised US$125 million in senior debt from a group led by Royal Bank of Canada to help fund global growth strategies.
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19h ago
5:50Online streaming services must now pay into fund for Canadian news, content
Online streaming services like Netflix and Spotify are being told they must start contributing money toward local news and the production of Canadian content.
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15h ago
Auto sales rise 5.7 per cent in May, says DesRosiers
DesRosiers Automotive Consultants says light vehicle sales rose 5.7 per cent in May from last year as the market continues to recover from pandemic lows.
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May 31
Across the latest set of quarterly earnings calls, nearly every major company spanning Canada's retail landscape said they've noticed shoppers increasingly looking for cost savings and thinking twice about some purchases.
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17h ago
4:53Zach Curry's Top Picks: June 4, 2024
Top picks from Zach Curry, director and portfolio manager, Greenrock Capital Partners
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Jun 3
6:15Markets today: Stocks fall and bonds rise with economy in focus
Stocks fell and bonds rose as traders awaited readings on job openings and factory orders for clues on the state of the economy and the outlook for interest rates. Oil sank.