Business news

Business news • Jul 02

Carney, Eby strike multibillion-dollar major projects deal ahead of West Coast pipeline announcement

British Columbia has extracted tens of billions of dollars from Ottawa to speed up the development of several major infrastructure projects,...

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Business news • Jul 02

This air conditioning strategy is the sweet spot for saving energy and money, experts say

Some of us have been told it's more energy-efficient and cost-effective to turn off our air conditioning when we leave home for work.

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Business news • Jul 02

Meta Stock Falls as AI Cloud Plans Hit an Immediate Snag

Meta stock got a boost on an unconfirmed plan to build a cloud business, but it faced competition from well-funded SoftBank less than 24 hours later.

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Business news • Jul 02

Canada-British Columbia Cooperative Prosperity Agreement

British Columbia and Canada are partners in a period of great consequence for our country. The world is changing rapidly. In response, we are focused on...

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Business news • Jul 02

CoreWeave Takes Another Hit From Meta. One Analyst Sees 200% Upside for the AI Stock.

CoreWeave stock continues to fall after the report that Meta could look to sell AI computing capacity. But Wall Street says it may be time to buy CoreWeave.

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Business news • Jul 02

US moves to eliminate longtime radiation safety principle for nuclear power

The federal government is proposing to overhaul radiation safety regulations for nuclear power, including by eliminating a long-term principle for nuclear...

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Business news • Jul 02

What’s open & what’s closed on the 3rd & 4th of July 2026?

As America celebrates 250 years of independence, financial markets are closed, but many businesses will be open. Here's what you need to know.

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Business news • Jul 02

Con Edison shuts off power to parts of Bronx neighborhood on hottest day of the year

THE BRONX, N.Y. (PIX11) — Con Edison performed emergency power shut-offs in Riverdale on the hottest day of the year so far. Ahead of the triple-digit day...

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Business news • Jul 02

FDA’s Highest-Risk Potato Chip Recall Arrives Just in Time for the 4th of July

The Food and Drug Administration has classified its recall of Utz's Dirty and Zapp's potato chips at Class 1, the most serious classification.

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Business news • Jul 02

Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era

A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

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Business news • Jul 02

Weak jobs, declining labor force, could renew Fed debate over state of labor market

WASHINGTON, July 2 (Reuters) - A weaker-than-expected jobs report could renew debate at the U.S. Federal Reserve about how to read the labor market ​at a...

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Business news • Jul 02

California bans consumer-facing 'sell by' food labels under new law aimed at reducing waste

California's new food date-labeling law standardizes expiration wording and bans consumer-facing "sell by" labels to reduce food waste and consumer...

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Business news • Jul 02

Jobs report gives labor market a yellow card

Hiring has remained concentrated in a handful of industries, leaving fewer opportunities for Americans looking to switch jobs or reenter the workforce.

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Business news • Jul 02

The DEA Plans to Ban Opioid-Like Kratom Compound 7-OH

The Drug Enforcement Administration plans to temporarily ban 7-OH, a component of kratom that has opioid-like effects and is sold in gas stations and smoke...

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Business news • Jul 02

The ‘Five Alarm’ Risks Facing the Power Grid This Summer

High temperatures, new AI data centers and drought conditions pose challenges to the electricity system.

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Business news • Jul 02

Google loses long-running appeal of record EU fine, will have to cough up $4.7 billion

The EU went after Google for the practice of bundling its search engine and browser with Android.

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Business news • Jul 02

U.S. adds just 57,000 jobs in June, a worrying sign as wage growth remains slow

The U.S. economy added just 57000 jobs in June, a worrying sign for labor market stability as wage growth tracks below inflation for a third consecutive...

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Business news • Jul 02

Oil Glut Calls May Be Getting Ahead of Reality

Despite record U.S. crude output, uncertainty over Iran, Hormuz, and regional production means the market may be underestimating ongoing supply risks.

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Business news • Jul 02

Revolution Medicines shares promising data around KRAS drug combination

Revolution Medicines' Phase 1 data on combining zoldonrasib with daraxonrasib in pancreatic cancer support a planned Phase 3 trial, as the KRAS field grows...

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Business news • Jul 02

To Reduce Electrical Grid Strain Amid Heat Wave, Data Centers Are Ordered to Use Backup Power

As triple-digit temperatures engulf much of the United States, the Trump administration wants grid managers to require the use of backup power that often...

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