Target Corp lowered its comparable store sales and earnings forecasts for the fourth quarter, citing softer-than-expected holiday sales.
Royal Bank boosts AI investment by hiring University of Alberta pioneer
RBC Research said it is looking into how AI can be applied in banking and it will be working with Richard Sutton, a professor of computing science at the University of Alberta. Sutton has made substantial contributions in the field of "reinforcement learning."
Investments from the Big Three since Trump’s election and what’s at stake for Canada
Since Donald Trump was elected on Nov. 8 as the 45th president of the United States, multiple automakers have announced plans to invest more in their U.S. operations or withdraw production from of other countries.
Cameco shares fall after warning full-year profit will be ‘significantly lower' than expected
Canadian uranium producer Cameco Corp. on Tuesday said it expected its 2016 adjusted profit to be significantly lower than analysts' estimates and also said it would cut 120 jobs at three of its uranium mines in 2017.
McDonald's courts criticism after relaxing policy on allergens
McDonald's said it will serve more products in the future that will contain non-packaged peanuts or tree nuts as an ingredient.
General Motors announces US$1 billion investment in U.S. factories
General Motors Co said on Tuesday it would invest an additional $1 billion in its U.S. factories, moving some production from Mexico.
Morgan Stanley's profit doubles as bond-trading revenue surges
Wall Street bank Morgan Stanley's quarterly profit doubled, helped by a bump in trading activity following the U.S. presidential election.
Wal-Mart to add 10,000 retail jobs in the U.S.
Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations.
Rolls-Royce shares jump on profit forecast, bribery settlement
The conclusion to the bribery investigations by British, U.S. and Brazilian authorities helped remove a cloud hanging over one of Britain's biggest corporate names since 2013.
CIBC partners with UnionPay to expand no-fee transfer service to China
Vineet Malhotra, CIBC's managing director and head of the alternate and retail solutions, says the bank decided to tackle this segment of the market as a way of building relationships with clients, particularly among the country's growing immigrant community.