Canada markets closed
  • Business
    The Canadian Press

    Tennessee Volkswagen workers vote on union membership in test of UAW's plan to expand its ranks

    CHATTANOOGA, Tenn. (AP) — Ballots were being counted Friday night at a Volkswagen plant in Chattanooga, Tennessee, where the United Auto Workers union was optimistic it would win a vote to decide whether it will represent the factory’s 4,300 production workers. Union observers watching the vote count by the National Labor Relations Board reported that the union was winning 800 to 293 about an hour after voting ended. The tallies could not be independently verified by The Associated Press, and th

  • Business
    The Canadian Press

    Bitcoin's latest 'halving' has arrived. Here's what you need to know

    NEW YORK (AP) — The “miners” who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world’s largest cryptocurrency, again. Bitcoin's latest “halving" appeared to occur Friday night. Soon after the highly anticipated event, the price of bitcoin held steady at about $63,907. Now, all eyes are on what will happen down the road. Beyond bitcoin’s long-term price behavior, which relies heavily on other market conditions, experts point to po

  • Business
    Bloomberg

    Mexico Presidential Frontrunner Sees Pemex Refinancing Debt

    (Bloomberg) -- Mexico’s leading presidential candidate Claudia Sheinbaum said she expects Petroleos Mexicanos, the world’s most indebted oil producer, to refinance its bonds ahead of upcoming maturities in 2025. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits City“By necessi

  • Business
    Bloomberg

    Retailer Express Seeks Bankruptcy Savior in Toys ‘R’ Us Owner

    (Bloomberg) -- Express Inc. is looking to a stakeholder best known for its revival of Toys “R” Us to swoop in with a takeover bid once the retailer enters bankruptcy court, according to people with knowledge of the plans.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTraders Are Cashing Out of Markets En Masse‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityWH