SpaceX Plans $75B IPO, Poised for Record Debut
SpaceX aims to raise up to $75 billion in its IPO, setting a record. Elon Musk's stake could make him the world's first trillionaire.
SpaceX aims to raise up to $75 billion in its IPO, setting a record. Elon Musk's stake could make him the world's first trillionaire.
Propel Holdings Inc. reported voting results from its 2026 Annual General Meeting, with all director nominees and resolutions approved by shareholders.
The Canadian Investment Regulatory Organization has scheduled an initial appearance for Christina Cole, facing allegations of misappropriating client funds while at BMO Investments Inc.
A Hagersville woman faces charges after a fatal crash in Hamilton. Police say the collision occurred on Wilson Street, resulting in one death.
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RecommendedMedtronic announces fiscal 2026 results with highest annual revenue growth in 10 years, driven by strong portfolio execution and strategic investments.
World shares were mixed on Wednesday, with Tokyo's Nikkei 225 reaching an all-time high, following Wall Street's lead.
Wall Street analysts are cutting ratings on S&P 500 companies faster than raising them, signaling caution despite record highs. The rally, driven by AI and peace hopes, shows narrow participation and subdued euphoria.
The Ontario Securities Commission announces the reappointment of Kelley McKinnon, Steven Wolff, and Patricia Olasker to its Board of Directors, effective May 14, 2026.
Alphabet shares fell, slowing Wall Street's rally. TSX dipped on basic materials, while HPE surged 30%. Markets mixed amid economic data and corporate news.
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RecommendedCanada's workforce is shrinking as record retirements outpace new workers. RBC warns of structural labour shortages ahead, despite current high unemployment.
Kim Moody critiques Canada's automatic tax filing plan, calling it a start but insufficient without comprehensive tax reform. The plan targets non-filers but has flaws.
A look at the largest initial public offerings in history, including Saudi Aramco and Alibaba, and their impact on global markets.
Wellington County OPP arrested two individuals in Mount Forest following a drug trafficking investigation. The suspects face multiple charges.
Canada's Big Six banks exceeded Q2 earnings expectations, but share prices fell or stayed flat due to high valuations and economic uncertainty, with CIBC and National Bank dropping 5.3% and 4%.
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RecommendedA growing number of Canadians are relying on online fundraising platforms like GoFundMe to cover basic expenses, highlighting deepening financial struggles.
A preview of major economic reports and corporate earnings for the week, including PMIs, employment data, and notable company results.
Filippos Triantafillou wins big in the lottery for the third time, marking a remarkable streak of luck for the Barrie restaurant owner.
Ernest Wong of Baskin Wealth Management discusses how Canadian banks maintain resilience despite rising valuations and a sluggish consumer environment.
Canada's economy contracted in Q1 2026, meeting the technical recession definition. Statistics Canada reports stalled growth amid global uncertainties.
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RecommendedWindsor Police arrest two suspects after seizing $121,000 in cash and drugs. The bust highlights ongoing efforts to combat drug trafficking in the region.
Peel Regional Police are searching for multiple suspects linked to a prolific fuel fraud scheme targeting commercial trucks at Brampton gas stations, resulting in significant financial losses.
Royal Bank of Canada reports a 25% increase in Q2 profit compared to last year, prompting a dividend hike. The bank's strong performance reflects robust earnings growth.
TD Bank announced a $4.25 billion second-quarter profit, leading to a dividend increase. The strong performance reflects robust earnings growth.
TD Bank reported Q2 net income of $4.3 billion, beating analysts' expectations. Adjusted EPS of $2.38 topped forecasts, and the bank raised its dividend by four cents to $1.12 per share.
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RecommendedRoyal Bank of Canada reported Q2 earnings above expectations, with net income up 25% to $5.5B. The bank raised its dividend and set aside less for bad loans.
Median pay for U.S. CEOs increased by nearly 6% in 2025, with some compensation packages reaching staggering levels, according to a new report.
National Bank of Canada reported Q2 net income of $1.2B, up 38%, beating estimates. The bank raised its dividend and cut loan loss provisions by more than half.
National Bank reports Q2 profit increase from last year and raises dividend. The bank's strong performance reflects growth in key segments.
Bank of Montreal reported Q2 net income of $2.6B, up 34%, beating analyst estimates on strong capital markets and wealth management performance.
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RecommendedScotiabank reported Q2 earnings above expectations, driven by capital markets and wealth management. Net income rose 28% to $2.65B, and the dividend was increased to $1.14 per share.