SpaceX and xAI in Advanced Merger Negotiations
SpaceX and Elon Musk's xAI are in advanced discussions to merge, potentially creating one of the world's largest private companies. The deal could be announced this week, but negotiations remain fluid.
Category : Business
Train Disruption at Union Station Causes Commuter Delays
A disabled train near Toronto's Union Station has led to significant delays for GO Transit commuters and a temporary suspension of the UP Express airport rail link, impacting morning travel.
B.C. Driver Caught at 117 km/h in 50 km/h Calgary Zone
Calgary police issued a photo of a B.C. driver caught speeding at 117 km/h in a 50 km/h zone on Aero Drive N.E., highlighting dangerous passing on a single-lane road.
Sudbury's Kingsway Reopens After Collision Near Hwy 17
Kingsway Boulevard in Greater Sudbury has reopened to traffic after a single-vehicle collision forced its closure on Monday morning. The incident occurred near the Highway 17 bypass, impacting local commuters.
Vancouver Staff Want Public Hearing for West End Hotel Tower
Vancouver city staff are recommending a public hearing for a controversial 25-storey hotel tower proposal in the West End that would replace a 1950s hotel, despite significant community opposition.
B.C. Driver Hits 177 km/h in 50 km/h Calgary Zone
Calgary police apprehended a British Columbia motorist traveling at 177 km/h in a 50 km/h zone on Aero Drive N.E., highlighting ongoing traffic enforcement efforts.
Microsoft's $381B AI Rout Shows Investor Anxiety
Microsoft's stock plummeted $381 billion after earnings revealed massive AI spending without expected growth, highlighting investor concerns about Big Tech's capital expenditure binge.
Tyson Foods Beats Profit Estimates on Chicken Demand
Tyson Foods reported quarterly profits exceeding analyst expectations, fueled by robust consumer demand for chicken products, as the company navigates market dynamics.
Trump's $12B Minerals Stockpile to Counter China
President Donald Trump is launching a $12 billion critical minerals stockpile called Project Vault to reduce U.S. reliance on Chinese rare earths and secure supply chains for manufacturers.
IperionX CEO Details 2026 Titanium Manufacturing Strategy
IperionX CEO Taso Arima's 2026 shareholder letter outlines plans to establish America's leading domestic titanium manufacturing platform, supporting industrial renewal and national defense.
Disney Q1 Powered by 'Zootopia 2' and 'Avatar' Hits
The Walt Disney Company reports strong first-quarter performance for 2026, driven by major box office successes from its animated and sci-fi film franchises.
Sudbury's Kingsway Closed After Single-Vehicle Crash
A single-vehicle collision has forced the closure of Kingsway Boulevard in Greater Sudbury near Highway 17 bypass, disrupting Monday morning traffic in Northern Ontario.
Warsh's Fed Balance Sheet Goals Face Major Challenges
Kevin Warsh, nominee for Federal Reserve Chair, advocates for reducing the central bank's massive asset holdings, but experts warn the process is fraught with economic risks and implementation difficulties.
Housing Costs Drive Homelessness, Says Former Calgary Councillor
Former Calgary city councillor Courtney Walcott argues housing affordability is the primary driver of homelessness, not unemployment or income, during a University of Alberta lecture on housing policy.
Gold's Brutal Selloff: Buy or Bail?
Gold prices have experienced their most severe decline since the 1980s, with volatility now surpassing Bitcoin. Analysts debate whether this represents a buying opportunity or signals further losses ahead.
ESAB to Buy Canadian Eddyfi for $1.45 Billion
Welding equipment giant ESAB Corporation announces a definitive agreement to purchase Canadian non-destructive testing instrument manufacturer Eddyfi Technologies for US$1.45 billion.
Porter Airlines Launches Ottawa to Miami, Phoenix Flights
Porter Airlines announces new direct flights from Ottawa International Airport to Miami and Phoenix, expanding its network and offering more travel options for Canadian passengers.
Gold, Silver Fall on CME Margin Hike
Precious metals gold and silver extended their declines after the CME Group raised margin requirements, prompting a wave of selling among investors and traders.
FAA Backs Trump's Tariff Threats on Canadian Planes
The U.S. Federal Aviation Administration expresses concerns about Canada's slow certification process for American-made jets, as President Trump threatens 50% tariffs on Canadian aircraft.
Devon and Coterra Merge in $58 Billion Shale Deal
U.S. energy giants Devon Energy and Coterra Energy have agreed to a monumental $58 billion merger, signaling a major consolidation within the North American shale oil and gas sector.
Eldorado Gold to Acquire Foran Mining for $3.8B
Eldorado Gold Corporation has unveiled a major $3.8 billion deal to acquire Foran Mining Corporation, marking a significant consolidation in Canada's mining sector.
Essex County Development Fee Hike Threatens Housing Affordability
Essex County Council considers adding nearly $13,000 in development charges to new homes, potentially pushing total fees to $70,000 amid economic uncertainty and declining construction.
NexGold Hits 3.31 g/t Gold Over 20 Metres at Goldlund
NexGold Mining Corp. announces significant drill results from its Goldlund Deposit, including 3.31 g/t gold over 20.0 metres, and reveals changes to its board of directors.
Fresh-Smelling Mini Hand Sanitizers for On-the-Go Hygiene
Discover travel-friendly mini hand sanitizers with at least 60% alcohol that offer pleasant scents, from lemongrass to lavender, keeping you clean without the harsh smell.
Road Salt: When It Works and When It Doesn't
A detailed analysis of road salt effectiveness in winter conditions, explaining the science behind its use and limitations for safety on Canadian roads.
Bunker Hill Mining: H1 2026 Restart on Track with AI Targets
Bunker Hill Mining Corp. announces its Idaho mine restart remains on schedule for H1 2026, with improved economics from silver prices and new AI-validated exploration targets identified.
AI's Role in Layoffs: Amazon and Corporate Trends Analyzed
Examining whether artificial intelligence is driving job cuts at Amazon and other major firms, with insights into the complex factors behind workforce reductions.
Buyers Gain Power in Canada's Prolonged Real Estate Winter
Canada's housing market faces an extended slowdown with buyers holding unprecedented leverage as sellers adjust expectations amid affordability challenges and economic uncertainty.
Labrador Gold Board Warns of Dissident Cash Grab
Labrador Gold Corp.'s board warns shareholders about a dissident group attempting to seize corporate cash without paying a premium, urging immediate action to protect shareholder value.
Markets Slip on Trump Fed Pick, AI Worries
U.S. futures and global shares decline as investor anxiety over potential Federal Reserve leadership changes and artificial intelligence impacts weighs on financial markets.
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