Moody’s downgrades TD’s outlook to negative on cost of U.S. probe
The rising cost of a U.S. investigation into Toronto-Dominion Bank’s money-laundering controls is casting a shadow over the bank. Read on. Source
Buffett’s Berkshire Hathaway joins the $1 trillion market-cap club
The stock of Warren Buffett's conglomerate is up 30% in 2024, outpacing the S&P 500, on optimism for the U.S. economy. Keep reading here. Source
Nasdaq 100 falls 1.5% as Nvidia hit before results
Wall Street traders sent stocks down ahead of results from Nvidia Corp., the last of the so-called Magnificent Seven megacaps to report. Read on. Source
Transforming Canadian Homebuilding: NGen’s $200M Manufacturing Challenge
Discover how NGen's $200M Advanced Manufacturing Homebuilding Challenge is set to revolutionize Canada’s homebuilding industry. Source
Hyundai to double hybrid lineup amid slowdown in global EV demand
The world's third-largest carmaker doesn't see EV sales picking up for several years until range issues are solved. Find out more here. Source
Shopify hires ex-Microsoft executive Mikhail Parakhin to fill CTO role
Shopify Inc. has named a new chief technology officer, filling a role that has been empty since January 2023. Find out more about the hire. Source
Posthaste: Why a surge in housing inventory makes autumn ‘ideal’ for buying
In some of Canada’s hottest housing markets, inventory is growing ahead of more interest rate cuts and the fall buying season. Read on. Source
Posthaste: Credit delinquencies on the rise as Canadians’ debt climbs to $2.5 trillion
Credit delinquencies are on the rise as Canadians' debt climbed to $2.5 trillion in the second quarter, says a report out today. Read more Source
Business wary as Trudeau set to restrict number of low-wage temporary foreign workers
Prime Minister Justin Trudeau’s government will be restricting eligibility to cut the number of low-wage temporary foreign workers. Read on Source
Green and Inclusive Community Buildings (GICB) Offering $3M
Explore the Green and Inclusive Community Buildings (GICB) Program offering up to $1.5B total for sustainable community building projects Source