Author name: Miranda Moyer

Executives at Meta (NASDAQ:META) stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase in the target bonus percentage” for its annual bonus plan for executives. Meta’s named executive officers could earn a bonus of 200% of their base salary under the […]

Canada’s main stock index edged lower on Friday, as investors awaited key economic data from both Canada and the United States. The TSX Composite Index dropped 68.41 points to start Friday trading at 25,445.67. The Canadian dollar shed 0.02 cents to 70.53 cents U.S. For the week, the health-care sector

Advertisment Stocks were mixed Friday investors neared the end of a rocky week on Wall Street. The Dow Jones Industrials plummeted 365.89 points Friday to 43,810.76 The S&P 500 index shed 24.19 points to 6,093.33 The NASDAQ fell 61.57 points to 19,900.79. For the week, the S&P 500 is marginally lower,

Celsius Holdings (NASDAQ:CELH) surged on Friday as investors appeared reassured by the company’s potential growth prospects, given its record full-year revenue results and its latest acquisition of a rival energy drink brand. Shares of the once-high-flying beverage maker popped $5.90, or 23.1%, to $31.43 in early Friday trading. Celsius’ fourth-quarter revenue came in

For the first time ever, e-commerce giant Amazon (AMZN) has surpassed discount retailer Walmart (WMT) in terms of quarterly revenue generated. Amazon reported fourth-quarter 2024 revenue of $187.80 billion U.S., which beat Walmart’s sales for the same period that totaled $180.50 billion U.S. Since 2012, Walmart has been the top revenue generator among

Stellantis (STLA), one of the top three North American automakers, has stopped work on its assembly plant in Brampton, Ontario outside Toronto. Unifor, the union representing Canadian autoworkers, says it is concerned by Stellantis’ unexpected announcement that it is halting work at the Brampton Assembly Plant. The automaker, which is behind the Chrysler,

UnitedHealth Group (UNH), the largest U.S. health insurer, is being investigated by the U.S. Justice Department over its Medicare billing practices. A report in The Wall Street Journal newspaper says that the Justice Department has opened a civil fraud investigation into UnitedHealth’s billings of the Medicare system. News of the investigation sent

The stock of AppLovin (APP) fell 10% after short-seller Edwin Dorsey accused the technology company of fraud. Specifically, Dorsey accused the company of committing “advertising fraud” in his Bear Cave substack newsletter, sending APP stock sharply lower as a result. Silicon Valley-based AppLovin is an app marketing platform that derives much of

Futures linked to Canada’s main stock index edged higher on Friday, as investors awaited key economic data from both Canada and the United States. The TSX Composite Index finished downward 112.08 points to conclude Thursday at 25,514.08. Futures were relatively stable first thing Friday. The Canadian dollar dipped 0.1 cents

Advertisment S&P 500 futures were little changed early Friday after the major averages slid following a lackluster earnings forecast from retail giant Walmart. Futures for the Dow Jones Industrials plunged 239 points, or 0.5%, to 44,029, as shares of UnitedHealth tumbled on a Wall Street Journal report that the insurer is under