Groupon (GRPN ) made headlines Tuesday after (IBM ) announced a $167 million lawsuit for violation of four of its e-commerce IPs. The tech giant claims that while Amazon (AMZN ) , Facebook (FB ) , and Google (GOOGL ) each pay between $20 million and $50 million for use of these technologies,
Bank of Canada will hold its policy meeting on Wednesday and is widely anticipated to raise interest rates for the first time in seven years, with the move expected to drive interest rates and the Canadian dollar higher.
If the central bank does lift benchmark interest rates, it will become only the second major central bank after the Federal Reserve to tighten the monetary policy.
While Kinder Morgan (NYSE:KMI) is one of the largest energy-infrastructure companies in North America, most of its assets are in the United States. However, an outsized portion of the company’s near-term growth is in Canada due to one major project. Given the size of the project, the company is currently looking at a range of financing options, which could lead it to get creative with its....More>>>
A strong start to Q1 earnings season and optimism that the U.S. and China will avoid a full-blown trade war has helped stocks rebound from early-April volatility over the past week and a half, renewing investor confidence around the world.
Fresh bullishness over the past few trading periods has inspired positive trading in several key global markets. But interestingly enough, a number of....More>>>
The U.S. dollar edged slightly higher against its main rivals on Wednesday as the British pound fell from a new post-Brexit high on disappointing inflation data, and the Canadian dollar slipped as the Bank of Canada left rates unchanged.
Dont miss: Why currency traders hate their jobs right now
General Electric Co. (NYSE: GE) shares dropped 1.8% last week, closing Friday with a gain of less than 0.2% and a 32-cent (0.18%) decline for the week. GE has no real challenger as the worst performing equity on the Dow Jones Industrial Average (DJIA) index. For the year to date, the shares have suffered a loss of more than 44%.
This is the industrial giant’s 23rd consecutive week as....More>>>
Investment company Forte Capital Llc buys Cummins Inc, Canadian National Railway Co, Maxim Integrated Products Inc, iShares Core U.S. Aggregate Bond, Colgate-Palmolive Co, DowDuPont Inc, NVIDIA Corp, Raytheon Co, Facebook Inc, Phillips 66, sells Vanguard Small-Cap, iShares TIPS Bond, iShares Russell 1000 Growth, E.I. du Pont de Nemours, iShares 7-10 Year Treasury Bond ETF during the 3-months ended....More>>>
It may not feel like it compared to the string of strong years investors have enjoyed prior to 2018, but it's been a decent year so far. At this writing on July 16, theS&P 500(SNPINDEX:^GSPC) has delivered total returns (including dividends paid) of 5.8%. If the market delivers similar total
If there is one state that comes to mind with high taxes and higher regulations that go above and beyond federal ones, it would be California. It turns out that even the state of California can sometimes look at the cost factors for consumers in their regulations.