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U.S. stocks surge, Dow Jones adds 645 points
U.S. stocks surge, Dow Jones adds 645 points

NEW YORK, New York - U.S. and global stock markets closed on a mixed but largely positive note Wednesday, with U.S. indexes posting...

Report says U.S. investigating Chinese shipping container makers
Report says U.S. investigating Chinese shipping container makers

WASHINGTON, D.C.: The United States is investigating whether Chinese companies deliberately reduced global production of shipping containers...

StanChart plans 7,000 job cuts, cites AI and automation drive
StanChart plans 7,000 job cuts, cites AI and automation drive

HONG KONG: Standard Chartered said on May 19 that it will eliminate more than 7,000 jobs over the next four years as the bank increases...

Musk loses court fight with OpenAI as scrutiny of Altman grows
Musk loses court fight with OpenAI as scrutiny of Altman grows

OAKLAND, California: OpenAI has emerged victorious in its closely watched courtroom battle with Elon Musk, preserving its path toward...

Nasdaq Composite slides 220 points as U.S. stocks shed ground
Nasdaq Composite slides 220 points as U.S. stocks shed ground

NEW YORK, New York - U.S. and global stock markets closed with a broad selloff on Tuesday, driven by heavy losses in technology shares...

NextEra-Dominion merger targets soaring AI-driven power demand
NextEra-Dominion merger targets soaring AI-driven power demand

NEW YORK CITY, New York: NextEra Energy has agreed to acquire Dominion Energy in an all-stock deal valued at about US$66.8 billion,...

Canada

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Hurricanes brush off layoff, face speedy Canadiens in Game 1
Hurricanes brush off layoff, face speedy Canadiens in Game 1

(Photo credit: Eric Hartline-Imagn Images) The Carolina Hurricanes finally return to game action on Thursday. Key word: Finally....

Jim Furyk, Keegan Bradley named Presidents Cup assistants
Jim Furyk, Keegan Bradley named Presidents Cup assistants

(Photo credit: Paul Childs-Reuters via Imagn Images) Jim Furyk, who captained the U.S. to a Presidents Cup win in 2024, and Keegan...

Switzerland's Rodriguez, Xhaka make fourth World Cup rosters
Switzerland's Rodriguez, Xhaka make fourth World Cup rosters

(Photo credit: REUTERS/Stefan Wermuth) Defender Ricardo Rodriguez and midfielder Granit Xhaka will each take part in their fourth...

Ryan Kreidler's homer lifts Twins to series win over Astros
Ryan Kreidler's homer lifts Twins to series win over Astros

(Photo credit: Jordan Johnson-Imagn Images) Ryan Kreidler belted a three-run homer and Joe Ryan struck out a season-high nine batters,...

Trail Blazers lay off 'significant' number of employees
Trail Blazers lay off 'significant' number of employees

(Photo credit: Troy Wayrynen-Imagn Images) The Portland Trail Blazers laid off an unspecified number of employees on the business...

Sabres' Lindy Ruff receives 2-year contract extension
Sabres' Lindy Ruff receives 2-year contract extension

(Photo credit: John E. Sokolowski-Imagn Images) The Buffalo Sabres rewarded Lindy Ruff for ending the team's lengthy postseason drought...