The Canadian Press
Apple’s biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro CUPERTINO, Calif. (AP) — Apple on Tuesday unveiled its next generation of iPad Pros and Airs — models that will boast faster processors, new sizes and a new display system as part of the company’s first update to its tablet lineup in more than a year. The showcase at Apple’s headquarters in Cupertino, California, comes after the company disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting compan
The Canadian Press
Chinese leader Xi visits the French Pyrenees in a personal gesture by Macron TOURMALET PASS, France (AP) — France’s president hosted China’s leader at a remote mountain pass in the Pyrenees on Tuesday for private meetings after a high-stakes state visit in Paris dominated by trade disputes and Russia’s war in Ukraine. French President Emmanuel Macron made a point of inviting Chinese President Xi Jinping to the Tourmalet Pass near the Spanish border, where Macron spent time as a child visiting his grandmother. It is meant to be a reciprocal gesture after Xi took Macron la
Reuters
Business Insider global editor-in-chief Carlson to step down Carlson, who has been in the role since 2017, has spent more than 15 years at the news website, which is owned by German publishing giant Axel Springer SE. “My move has nothing to do with any criticism of our journalism,” Carlson said in the memo that he also shared on LinkedIn. Carlson would, however, stay with the news website as editor-at-large after a new editor-in-chief joins.
The Canadian Press
Air France flight from Paris to Seattle lands in Iqaluit after heat smell in cabin IQALUIT, Nunavut — A plane travelling from Paris to Seattle was forced to make an emergency landing in Iqaluit after there was a heat smell in the cabin during the flight. Air France said in an emailed statement that the Boeing 787 was diverted to Nunavut’s capital and landed just before noon local time Tuesday. The plane had 260 passenger, three pilots and nine cabin crew on board. The airline said technical checks on the plane were underway to determine if it could continue to Seattle or passe
Bloomberg
LA’s $1.2 Billion Graffiti Towers Put on Sale After Bankruptcy (Bloomberg) — For sale: Steel skeletons of three towers in downtown Los Angeles, erected by a Chinese developer that spent $1.2 billion before running into financial troubles.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirThe site, called Oceanwide Plaza, became famous this year when graffiti artis
Yahoo Finance Video
Stablecoin issuers will be ‘top 10 Treasury buyers’: Analyst As interest in bitcoin (BTC-USD) and Ethereum (ETH-USD) investing grows, so do complications surrounding cryptocurrency’s regulation. Pomp Investments Founder Anthony Pompliano joins Catalysts to give insight into the regulatory environment for stablecoins and what investors should consider when investing in these digital assets. Pompliano explains how crypto is generating a global game of competition: “An interesting data point is that the stablecoin issuers are now, I believe, one of the top 17 buyers of US treasuries. So when you look at that, you say, okay, well, it used to be that China and Japan bought 22% of all US treasuries. Well, we’ve got a pretty big federal debt, right. We’re issuing a lot of debt. And so obviously we need people to buy that stuff. China and Japan went from 22%. Now they’re only 7%. So if they’re going to stop buying or at least buy less of these bonds, who is going to be the new buyer? Well, stablecoins have actually showed up. And so my prediction is that the stablecoin issuers collectively will end up being kind of top ten US Treasury buyers in the world.” For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
The Canadian Press
No evidence Big Three acting as fibre wholesalers would hurt smaller providers: CRTC The CRTC has denied a request by Bell Canada and some independent internet providers for an expedited decision that would prevent large carriers from using rivals’ fibre networks to offer their services to customers. The regulator said the request, filed in March, “failed to provide sufficient evidence of irreparable harm.” CRTC secretary-general Marc Morin delivered the response in a Friday letter to the coalition, which also includes TekSavvy, Eastlink, Cogeco Communications Inc. and the Compe
Bloomberg
CVS Starts Bond Sale Days After Cutting 2024 Outlook (Bloomberg) — CVS Health Corp. is selling $5 billion worth of bonds less than a week after shares plunged the most since 2009 on a downbeat quarterly report and cut 2024 outlook, joining a bevy of firms hitting the debt market following earnings season.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger Ai
Insider Monkey
Kevin O’Leary’s Stock Portfolio: 10 Stock Picks for 2024 In this article, we discuss the 10 companies to consider in the portfolio of Kevin O’Leary for 2024. If you want to skip our overview of O’Leary’s investment philosophy and learn about some more companies in his stock portfolio, go directly to Kevin O’Leary’s Stock Portfolio: 5 Stock Picks for 2024. Kevin O’Leary, affectionately known […]
Bloomberg
TD Risks ‘Lost Decade’ in US Money-Laundering Scandal, Jefferies Says (Bloomberg) — A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine for the lender and years of restrictions on its US growth.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls Far ShortAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Tec
Bloomberg
Russia’s War Economy Starves Crucial Oil Industry of Manpower (Bloomberg) — Russia’s oil and gas industry has been crucial for bankrolling the invasion of Ukraine, giving the Kremlin the funds to keep fighting even as the conflict drags on through its third year. But the industry is facing a shortage of manpower as the full mobilization of Russia’s economy for war exacerbates a longstanding demographic crunch.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are C
The Motley Fool
Could This Undervalued Stock Make You a Millionaire One Day? This undervalued Canadian stock has delivered massive returns in the past, and has solid growth potential, implying it has significant runway for growth. The post Could This Undervalued Stock Make You a Millionaire One Day? appeared first on The Motley Fool Canada.
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