TSX surges to record high in late-morning trading

By The Canadian Press Wed., June 20, 2018 Canada’s main stock index surged to a record high in late morning trading, boosted by a broad-based rally on the market. The S&P/TSX composite index was up 106.96 points at 16,423.49, topping its previous record intraday high for the benchmark. The S&P/TSX composite index was up 106.96 More...

by SLPundit | Published 1 day ago
By SLPundit On Tuesday, June 19th, 2018
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Xiaomi shelves China share sale as regulators iron out new rules

By Stella Yifan XieThe Wall Street JournalJulie Steinberg Tues., June 19, 2018 HONG KONG—Chinese smartphone maker Xiaomi Corp. postponed a widely anticipated share sale in mainland China, saying it More...

By SLPundit On Tuesday, June 19th, 2018
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Elon Musk says Tesla probing ‘extensive’ sabotage by rogue employee

By Dana Hull Josh EidelsonBloomberg Tues., June 19, 2018 A disgruntled Tesla Inc. employee broke into the company’s manufacturing operating system and sent highly sensitive data to unknown third parties, More...

By SLPundit On Tuesday, June 19th, 2018
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The other yield curve investors should watch as trouble mounts

Escalating trade tensions have helped push the U.S. Treasury yield curve to its flattest in more than a decade. This flattening is watched closely by investors as an indicator of economic trouble ahead. But another More...

By SLPundit On Tuesday, June 19th, 2018
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U.S. politicians set scene for OPEC lawsuit with NOPEC resurrection

By Javier BlasBloomberg Tues., June 19, 2018 American politicians are at it again: punching OPEC. The cartel has often been a bogeyman for U.S. politicians since the first oil crisis in 1973. Now OPEC is More...

By SLPundit On Tuesday, June 19th, 2018
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What if Wall Street took up Hollywood’s inclusion-rider challenge?

Frances McDormand, the actress who won an Academy Award this year for her performance in Three Billboards Outside Ebbing, Missouri, introduced much of the world to a new idea when she accepted her Oscar. “I More...

By SLPundit On Tuesday, June 19th, 2018
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Stocks fall amid U.S.-China tariff threats, loonie lower

North American stock markets fell in late-morning trading as U.S. President Donald Trump threatened tariffs on another $ 200 billion in imports from China, which said it would retaliate. The S&P/TSX composite More...

By SLPundit On Tuesday, June 19th, 2018
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Drivers can pocket their savings by allowing their insurer to come along for the ride

By Dan HealingThe Canadian Press Tues., June 19, 2018 CALGARY—When his auto insurance company offered him the option to pay lower rates, Justin Lam leaped at the chance, even though it meant allowing More...

By SLPundit On Tuesday, June 19th, 2018
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WestJet’s low-cost carrier Swoop to take flight as battle for price-sensitive passengers heats up

MONTREAL—Competition is heating up for Canada’s most price-sensitive travellers as WestJet Airlines gears up to launch the country’s second ultralow cost airline Wednesday. Swoop, an offshoot More...

By SLPundit On Monday, June 18th, 2018
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Your iPhone will soon share your location when 911 is called

By Hamza ShabanThe Washington Post Mon., June 18, 2018 Your iPhone will soon be able to share your location data automatically if you ever have to call 911, Apple announced Monday. The feature is designed More...