Friday, November 8, 2024

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BRP looks to sell marine businesses, ‘double down’ on powersports: CEO

MONTREAL — BRP Inc. has put its marine businesses up for sale as it looks to focus on powersports products and cut the cable...

Ontario to speed up environmental assessments, property acquisitions for Highway 413

CALEDON, Ont. — Ontario's transportation minister says he plans to introduce legislation that would speed up property acquisitions for highways such as the planned...

Boeing strike, Hurricane Helene weigh on US industrial production

WASHINGTON (Reuters) - U.S. industrial production fell in September, weighed down by a strike at Boeing and two hurricanes, including Helene.Industrial output dropped 0.3%...

IMF chief expects lukewarm growth in medium term, urges reforms

By Andrea ShalalWASHINGTON (Reuters) - New forecasts by the International Monetary Fund point to a difficult future for the global economy marked by lackluster...

Disney joins Peacock, Max, and others in raising prices. Here’s what it means for your subscription costs.

Disney (DIS) hiked the prices of its various subscription plans on Thursday, highlighting a trend that's gained traction over the past year as media...

Nestle flags shopper uncertainty around US election

By Richa NaiduLONDON (Reuters) - Nestle on Thursday said shopper "concerns around the election" in the United States are putting further pressure on demand...

France’s richest family shaking up soccer with planned purchase of second-tier Paris FC

PARIS (AP) — France’s richest family, the Arnaults of luxury empire LVMH, announced the planned purchase of second-division soccer club Paris FC on Thursday.It’s...

EV-maker Lucid expects to raise $1.67 billion from stock sale

(Reuters) - Cash-strapped electric vehicle maker Lucid said on Thursday a public offering of more than 262 million shares would likely fetch it $1.67...

Huntington Bancshares beats profit estimates on capital markets strength

(Reuters) - Huntington Bancshares' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger deposit costs.The...

KeyCorp Q3 profit rises on higher fees, interest income

(Reuters) - KeyCorp posted a 9% rise in third-quarter adjusted profit on Thursday, as the lender raked in more from interest payments on loans...

Citadel Staff’s Fund Stake Triples to $9 Billion in Four Years

(Bloomberg) -- Citadel employees’ investment in its $45 billion flagship hedge fund surged during the past several years, driven by robust returns and lockups...

U.S. chip stocks rally as TSMC’s AI-backed outlook impresses investors

(Reuters) - U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for...

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