Foreign investors haven’t given up on Canada — just on our energy sector

Foreign investors haven’t given up on Canada — just on our energy sector

Outside of oil and gas, foreign investors haven’t given up on the Canadian economy. That’s the takeaway from detailed industry data released Wednesday by Statistics Canada that showed the sharp slowdown in foreign capital inflows last year was energy-related. The stock of foreign direct investment, including debt, in Canada outside oil and gas rose 4.7…

Bombardier CSeries will become just another Airbus after takeover deal closes

Bombardier CSeries will become just another Airbus after takeover deal closes

Airbus SE plans to cap its takeover of the Bombardier Inc. CSeries jetliner by scrapping the Canadian plane’s 14-year-old branding, people familiar with the plan said. Among the names under consideration for a plane in which Bombardier invested more than US$6 billion is “A200,” according to the people, who asked not to be identified as…

‘They’re changing the whole way that commerce works’ — BlackRock’s $1.8 trillion bond chief explains how millennials are spearheading an economic revolution

‘They’re changing the whole way that commerce works’ — BlackRock’s $1.8 trillion bond chief explains how millennials are spearheading an economic revolution

When it comes to sources of inspiration, a traffic jam outside the Lincoln Tunnel has to be pretty low on the list. Unless, of course, you’re Rick Rieder, whose latest economic epiphany was set into motion by precisely that type of fume-streaked gridlock. It all started on a seemingly normal drive, which saw Rieder —…

Flight records for Jeff Bezos’ $65 million private jet could reveal a clue about Amazon’s mysterious 2nd headquarters

Flight records for Jeff Bezos’ $65 million private jet could reveal a clue about Amazon’s mysterious 2nd headquarters

Jeff Bezos’ private jet frequents the Washington, DC, area. Isaiah Downing/Reuters Amazon CEO Jeff Bezos’ private jet could provide a clue as to where the tech company will build its second headquarters. Since March 2016, the Gulfstream G650ER has visited only one destination more often than its home base of Seattle — and that’s Ronald…

The Supreme Court is finally hearing arguments on Trump’s travel ban

The Supreme Court is finally hearing arguments on Trump’s travel ban

People gather to protest President Trump’s travel ban in front of the U.S. Supreme Court, on April 25, 2018 in Washington, DC. Today the high court is hearing arguments in the legal challenge of Hawaii v. Trump. Getty Images/Mark Wilson President Donald Trump’s travel ban, one of the most controversial executive orders to come from…

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, SNAP, CAT, AMZN, JPM, BRK.A)

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, SNAP, CAT, AMZN, JPM, BRK.A)

Reuters/Hannah Mckay Here is what you need to know. The 10-year hits 3%. The benchmark yield on Tuesday morning ticked above 3% for the first time since January 2014. It’s now up 2 basis points at 3.02%. Americans just made a major about-face on the stock market for the first time since 2016 election. For…

Google just revealed a huge update to Gmail — here’s everything new

Google just revealed a huge update to Gmail — here’s everything new

There are a number of new things on Gmail’s new web interface. We’ll step through each of them below. Google Google’s Gmail is getting its biggest refresh in years, the search giant announced in a blog post on Wednesday morning. You can try it all out by clicking “Try the new Gmail” under settings in…

Five things you should know before starting your work day on April 25

Five things you should know before starting your work day on April 25

Good morning again. Shari Kulha here with the top business stories. But first, whatever device you’re reading this on, you have Robert Noyce to thank. Noyce was awarded a patent on April 25, 1961 for the integrated circuit, which made possible the miniaturization of electronics. He became known as the unofficial Mayor of Silicon Valley…

NBC-owner Comcast gatecrashes Fox’s takeover of Sky with a £22 billion bid

NBC-owner Comcast gatecrashes Fox’s takeover of Sky with a £22 billion bid

Comcast CEO and chairman Brian Roberts. Business Insider LONDON — The US entertainment giant Comcast has made a £22 billion bid for Sky, gate-crashing Rupert Murdoch’s takeover attempt for the British and European broadcaster. Comcast on Wednesday said it was offering £12.50, or $17.45, a share for the company. The bid represents a 16% premium…