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US & Canadian companies

  • Saturday, 14 September, 2024
    Pharmaceuticals sector
    Pfizer warns Biden price controls could hurt cancer drugs development

    Company’s chief oncology officer says reforms risk discouraging treatments for paediatric and rare conditions

    Pfizer logo on an office in Belgium
  • Saturday, 14 September, 2024
    On Wall StreetDaniel Davies
    Basel III: The US has started a race to the bottom

    Banks have played silly endgames on capital. They win silly prizes as a result

  • Friday, 13 September, 2024
    Boeing Co
    Boeing faces cash crunch as machinists’ strike weighs on production

    Chief financial officer Brian West tells investors the labour dispute will delay goal to reach 737 Max production target on time

    Machinists union members picketed a Boeing facility in Renton, Washington Friday
  • Friday, 13 September, 2024
    FTX Trading Ltd
    Bankman-Fried targets Sullivan & Cromwell in appeal against conviction

    Crypto exchange founder says its former lawyers’ ‘work for the prosecution’ denied him a fair trial

    A courtroom sketch of FTX founder Sam Bankman-Fried during his trial in 2023
  • Friday, 13 September, 2024
    US-China trade dispute
    US targets trade loophole used by ecommerce groups Temu and Shein

    Biden administration seeks to slow flood of cheap Chinese goods with proposed new rules around ‘de minimis’ exemption

    Package with Temu logo
  • Friday, 13 September, 2024
    Trump Media & Technology Group
    Trump Media shares jump as ex-president says he will keep his stake

    Republican candidate’s comments come days before he could cash out of his majority position

    Donald Trump speaks to media a a golf course in California
  • Friday, 13 September, 2024
    OpenAI
    OpenAI acknowledges new models increase risk of misuse to create bioweapons

    Company unveils o1 models that it claims have new reasoning and problem-solving abilities

    An OpenAI o1 preview model
  • Friday, 13 September, 2024
    Ford Motor Co
    Ford to restart India car production 3 years after quitting

    US automaker plans to use mothballed Tamil Nadu plant to build vehicles for export

    A sign for the ‘Ganges Ford’ showroom in the Indian city of Kolkata
  • Friday, 13 September, 2024
    Moral Money
    Exxon chief executive keeps door open to future shareholder litigation Premium content

    Also in today’s newsletter, buzzkill for coffee pod users

    Darren Woods raises his right hand as he makes a point during the CERAWeek conference in Texas in March 2024
  • Friday, 13 September, 2024
    Boeing Co
    Boeing workers begin strike after rejecting 25% pay rise

    Company under pressure to sweeten offer as analysts say a long stoppage could hit its credit rating

    Boeing workers holds signs as they wait in line to vote on their first full contract in 16 years in Renton, Washington, on Thursday
  • Friday, 13 September, 2024
    Professional services
    PwC spin-off to restructure $1.5bn in debt after cost overruns

    Tax and immigration adviser Vialto in talks with creditors two years after sale to private equity

    A person does some work with a calculator
  • Friday, 13 September, 2024
    Q&AThe Big Question
    The Big Question: should US banks have higher capital requirements?

    This week’s Big Question asks readers: what level of capital requirements should be mandatory for the largest banks?

    A big white question mark against a red and blue background montage of the Capitol building, the US Federal Reserve building, a sign for Wall Street and a $100 bill
  • Friday, 13 September, 2024
    The Big Read
    What the struggles of dollar stores reveal about low-income America

    Discounters often prosper in downturns, but recently they have been hurt by rising costs and their customers’ precarious finances

    Montage of a background of dollar bills and graph lines, with a large green dollar symbol in the foreground and prices stickers eg ‘2 for $1’ and ‘$1 great buy’
  • Friday, 13 September, 2024
    US Securities and Exchange Commission
    How SEC mobile phones can signal an imminent stock price drop

    Research tracking mobile data shows how some corporate insiders avoided losses by selling around the time regulatory staff visited

    The Securities and Exchange Seal on its headquarters in Washington
  • Friday, 13 September, 2024
    US equities
    Investors pile into Coca-Cola and Colgate as recession fears grow

    Consumer staples sector outperforms broader market in recent weeks as investors hunt for defensive stocks

  • Friday, 13 September, 2024
    Renewable energy
    Green tech leaders fundraise for Harris as they warn of Trump threat

    Renewables companies fear the former president could roll back Biden-era support measures

    Wind farm near  near Oakland, Maryland
  • Thursday, 12 September, 2024
    Berkshire Hathaway Inc
    Berkshire vice-chair Jain sells more than half of his stake in company

    Longtime executive and board member disposed of 200 class A common shares worth $139mn

    Ajit Jain plays a game of bridge during the Berkshire Hathaway annual meeting in Omaha, Nebraska, on May 3 2009. He is holding several playing cards and appears focused on the game.
  • Thursday, 12 September, 2024
    OpenAI
    OpenAI launches AI models it says are capable of reasoning

    ChatGPT maker’s o1 comes as tech companies race to create increasingly powerful and sophisticated systems

    An image combining an OpenAI logo and a microchip
  • Thursday, 12 September, 2024
    Inside BusinessRichard Waters
    $200bn man: Ellison’s wealth rebounds as Oracle joins AI boom

    Database software maker has undergone an unlikely Wall Street renaissance

    Larry Ellison speaks at a conference in San Francisco
  • Thursday, 12 September, 2024
    LexUS banks
    Is Wall Street’s big trading boom over?  Premium content

    Banking giants expect low or falling third-quarter growth

    A Wall Street sign is pictured outside the New York Stock Exchange
  • Thursday, 12 September, 2024
    Christie's International PLC
    Christie’s buys classic car auction house Gooding & Co

    London-based company looks to expand luxury offerings as art market weakens

    A 1970 Porsche 917K
  • Thursday, 12 September, 2024
    Wealth management
    BlackRock and Partners Group team up in latest effort to target wealthy

    Firms strike deal to offer model portfolios of alternative assets to rich individuals

    Blackrock’s New York headquarters
  • Thursday, 12 September, 2024
    Space exploration
    Astronauts complete first private spacewalk

    Polaris Dawn mission boosts prospects for space exploration missions undertaken by commercial crews

    This image made from a SpaceX video shows the start of the first private spacewalk led by tech billionaire Jared Isaacman
  • Thursday, 12 September, 2024
    ExplainerArtificial intelligence
    The AI bill driving a wedge through Silicon Valley

    California’s Gavin Newsom has until September 30 to decide whether to sign legislation that will reach far beyond the state

    Montage of Gavin Newsom, governor of California, with logos of xAI, Google Deepmind and OpenAI, flag of California background
  • Thursday, 12 September, 2024
    LexHertz Global Holdings Inc
    The Hertz bankruptcy bonanza has slammed into reverse Premium content

    A judge has found the rental car company short-changed its bondholders to the tune of $270mn

    Cars are parked on a Hertz car rental lot
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