Market updates

Boeing Offers Union 30% Wage Hike in Bid to End Strike
September 24, 2024 11:44 AM AEST| By EODHD(Bloomberg) -- Boeing Co. offered its largest union a larger pay bump as it tries to overcome a debilitating strike that has shut down its aircraft manufacturing across the Pacific Northwest. Most Rea...

Mastercard expands AI technology to help banks detect scams as they happen
September 24, 2024 09:01 AM AEST| By EODHDMastercard has expanded an initiative that helps banks to detect payment scams as they are happening. Since early 2023, the Mastercard scheme has helped UK banks identify and stop potentially fraudule...

Microsoft may pay Constellation premium in Three Mile Island power agreement, Jefferies says
September 24, 2024 08:30 AM AEST| By EODHDMicrosoft is estimated to pay Constellation Energy a premium as part of a long-term power purchase agreement (PPA) related to the Three Mile Island nuclear plant in Pennsylvania, Jefferies analysts sa...

Canadian natural gas prices fall to two-year low as storage fills
September 24, 2024 07:44 AM AEST| By EODHDBy Nia Williams (Reuters) - Canadian natural gas prices slumped to their lowest level in more than two years on Monday and are expected to remain under pressure for weeks, as storage levels in Alberta...

Exchange Income Corporation Recognizes the National Day for Truth & Reconciliation
September 24, 2024 07:01 AM AEST| By EODHDReconciliation in Action through Indigenous Education, Employment, and Partnerships WINNIPEG, Manitoba, September 23, 2024--(BUSINESS WIRE)--As Canada’s National Day for Truth and Reconciliation appro...

Tesla Stock Wipes Out 2024 Losses—Again. What Lifted the Shares.
September 24, 2024 06:58 AM AEST| By EODHDTesla’s stock is now in the green for the year after recovering from some earlier sharp losses. Lifting shares was a report from Barclays analyst Dan Levy. The Federal Reserve’s decision to cut intere...

Unifor initiates labor negotiations with Canadian National Railway
September 24, 2024 06:46 AM AEST| By EODHD(Reuters) - Unifor said on Monday it has initiated labor negotiations with Canadian National Railway, representing more than 3,600 workers. (Reporting by Utkarsh Shetti in Bengaluru; Editing by Krishn...

Tesla Third-Quarter Delivery Estimates Showing Upside, Tudor Pickering Holt Says
September 24, 2024 06:32 AM AEST| By EODHDTesla Third-Quarter Delivery Estimates Showing Upside, Tudor Pickering Holt Says

Potential Intel-Qualcomm Deal 'Impractical,' BofA Says
September 24, 2024 06:12 AM AEST| By EODHDPotential Intel-Qualcomm Deal 'Impractical,' BofA Says

Boeing’s ‘Best And Final’ Offer Might Not End the Strike
September 24, 2024 05:46 AM AEST| By EODHDBoeing is offering workers a 30% wage increase, along with sweetening some other benefits to end a machinist strike that entered its second week on Friday. Monday afternoon, Bloomberg reported that Bo...

Update: Boeing Offers 30% Wage Hike to Machinists, Up From 25%, in Bid to End Strike
September 24, 2024 05:34 AM AEST| By EODHDUpdate: Boeing Offers 30% Wage Hike to Machinists, Up From 25%, in Bid to End Strike

Boeing offers machinists a 30% raise to end their strike
September 24, 2024 05:23 AM AEST| By EODHDBoeing (BA) is sweetening the pot in an attempt to end a costly strike by its unionized machinists. The company announced Monday that it is revising its original offer — the 25% wage increase that mem...

Market Uncertainty Lingers as TSX Reaches New Heights
September 24, 2024 05:21 AM AEST| By Team Kalkine MediaOn Monday, the Canadian stock market's main index briefly reached a record high before experiencing a slight retreat, as traders responded to recent developments from the U.S. Federal Reserve regarding interest rates.,Market Performance,By 11:19 a.m....

What Lies Ahead for Canadian REITs in the Return Landscape
September 24, 2024 05:09 AM AEST| By Team Kalkine MediaCanadian,real estate investment trusts (REITs),are experiencing a rebound after a period of decline, fueled by recent interest rate cuts, a return to office operations, and growing market confidence. According to Adam Jacobs, head of research at Coll...

ExxonMobil just got sued for lying about recycling
September 24, 2024 05:01 AM AEST| By EODHDCalifornia Attorney General Rob Bonta sued ExxonMobil Monday, accusing the oil giant of a “decades-long campaign of deception” about the effectiveness of plastic recycling. Bonta filed the lawsuit Mon...

Microsoft Nuclear Deal Should Be ‘Fast-Tracked’: Pennsylvania Gov. Shapiro
September 24, 2024 05:00 AM AEST| By EODHDPennsylvania Gov. Josh Shapiro asked regulators to allow the Three Mile Island reactor to a line so Microsoft could start using its power by 2028. Continue reading View comments

Canadian Natural Resources Limited Faces Revised Earnings Forecasts
September 24, 2024 04:51 AM AEST| By Team Kalkine MediaRecent updates from Zacks Research have prompted a revision of earnings estimates for Canadian Natural Resources Limited,(TSE:CNQ),. On September 19, 2023, Zacks Research analyst T. Saha lowered the forecast for the company’s FY2024 earnings, now pro...

S&P/TSX Composite Sees Slight Decline Amid Rising U.S. Markets
September 24, 2024 04:39 AM AEST| By Team Kalkine MediaIn the latest trading session, Canada's primary stock index experienced a slight decline, primarily influenced by losses in the financial and telecommunications sectors. In contrast, U.S. stock markets demonstrated positive momentum during the same t...

Boeing makes a 'best and final offer' to striking union workers
September 24, 2024 04:36 AM AEST| By EODHDBoeing said Monday it made a “best and final offer” to striking union machinists that includes bigger raises and larger bonuses than a proposed contract that was overwhelmingly rejected. The company s...

Alaska Air changes cargo leaders in wake of Hawaiian merger
September 24, 2024 04:25 AM AEST| By EODHDAlaska Airlines operates five narrowbody freighters, including two Boeing 737-800s (pictured), that operate between Los Angeles, Seattle and Alaska. (Photo: Alaska Airlines) Alaska Airlines on Monday...
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