Browsing: Business

Oracle stock soared 38% after its bold AI cloud forecast. With a $144B revenue target and 37 new datacenters, it’s redefining enterprise infrastructure.

Manufacturing layoffs rise as American factories face monthly cost hikes due to tariffs, driving up unemployment and stalling wage growth.

U.S. officials detained 475 workers at Hyundai’s Georgia battery plant, pausing construction and prompting South Korea to arrange repatriation flights.

Canada’s trade deficit narrowed to CAD 4.94B in July as exports to the US rose and imports declined, according to new data from Statistics Canada.

Semiconductor companies face U.S. tariffs unless they shift production to American soil, Trump announced at a tech executive dinner.

Billionaire investor Ray Dalio warns of growing instability in the US, citing fiscal irresponsibility, political division, and loss of institutional trust.

Macy’s stock surged 20% after it reported surprise sales growth and exceeded earnings estimates in Q2, raising its full-year revenue forecast.

U.S. spirits giant Brown-Forman reported a sharp 62 percent decline in Canadian sales of its flagship brand Jack Daniel’s, attributing the drop…

Best Buy Q2 revenue hit $9.44B, beating forecasts, with gains in online and global sales, while the retailer maintained its full-year guidance.

Amtrak begins rolling out its $2.4 billion fleet of new Acela trains, designed to deliver higher speed and better comfort on the heavily used Northeast Corridor.