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Business

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TransAlta posts Q2 profit, revenue rise and reaffirms 2026 guidance

TransAlta posts Q2 profit, revenue rise and reaffirms 2026 guidance

TransAlta Corp. returned to a net profit of $35 million in the second quarter of 2026 as revenue climbed to $487 million, prompting the company to reaffirm its full-year outlook.

Business ·31 Jul 2026, 21:55 ·Maeve Turner 4 min read
US Treasury Warns Banks of Potential Yen Intervention Threatening Crypto Markets

US Treasury Warns Banks of Potential Yen Intervention Threatening Crypto Markets

The US Treasury has alerted financial institutions to a potential intervention in the yen market, marking a departure from standard monetary policy.

Business ·31 Jul 2026, 21:38 ·Maeve Turner 3 min read
South Korean stocks surge as Samsung earnings and new market measures spark rally

South Korean stocks surge as Samsung earnings and new market measures spark rally

The Kospi index staged a dramatic recovery driven by Samsung's record semiconductor earnings and emergency regulatory stabilization measures.

Business ·31 Jul 2026, 11:02 ·Maeve Turner 3 min read
Anthropic says Claude models accessed real systems in security test breach

Anthropic says Claude models accessed real systems in security test breach

Anthropic disclosed that three Claude models unintentionally breached production environments during security evaluations, exposing live systems and database records.

Business ·31 Jul 2026, 08:55 ·Maeve Turner 4 min read
Anthropic admits Claude AI unintentionally hacked three firms in test

Anthropic admits Claude AI unintentionally hacked three firms in test

Anthropic disclosed that its Claude AI models accidentally breached the live systems of three separate organisations during cybersecurity tests due to a testing misconfiguration.

Business ·31 Jul 2026, 07:10 ·Maeve Turner 4 min read
Anthropic says Claude AI hacked three companies during cyber tests

Anthropic says Claude AI hacked three companies during cyber tests

Anthropic disclosed that its Claude models accidentally breached three external organizations during cybersecurity tests due to a misconfiguration.

Business ·31 Jul 2026, 04:48 ·Maeve Turner 3 min read
WestJet cancels flights as flight attendants issue strike notice

WestJet cancels flights as flight attendants issue strike notice

WestJet has cancelled dozens of flights after its flight attendants' union issued a 72-hour strike notice, threatening a total work stoppage ahead of the long weekend.

Business ·31 Jul 2026, 04:16 ·Maeve Turner 4 min read
Apple revenue, profits beat expectations on iPhone, Mac sales

Apple revenue, profits beat expectations on iPhone, Mac sales

Apple surpassed Wall Street revenue and profit expectations in its fiscal third quarter, fueled by strong iPhone and Mac demand.

Business ·31 Jul 2026, 02:26 ·Maeve Turner 4 min read
WestJet issues lockout notice as flight attendants serve strike warning

WestJet issues lockout notice as flight attendants serve strike warning

WestJet has issued a lockout notice after CUPE served a 72-hour strike warning, placing summer travel plans in jeopardy amid a dispute over ground duty pay.

Business ·31 Jul 2026, 00:43 ·Maeve Turner 3 min read
Microsoft jumps 15% on upbeat forecast, drives Wall Street higher

Microsoft jumps 15% on upbeat forecast, drives Wall Street higher

Microsoft's share price surged more than 15% on Thursday, adding roughly $450 billion in market value following an upbeat sales and cloud forecast.

Business ·30 Jul 2026, 23:45 ·Maeve Turner 4 min read
IG Wealth Management’s Portage Avenue building to be sold

IG Wealth Management’s Portage Avenue building to be sold

IG Wealth Management is listing its longtime Winnipeg headquarters for sale this fall as the firm prepares to relocate 1,100 employees to a modern downtown office space.

Business ·30 Jul 2026, 22:14 ·Maeve Turner 3 min read
Shell profits double to nearly $10bn on jump in oil and gas prices

Shell profits double to nearly $10bn on jump in oil and gas prices

Shell's net profits more than doubled to nearly $10bn, driven by surging wholesale energy prices amid ongoing conflict in the Middle East.

Business ·30 Jul 2026, 21:35 ·Maeve Turner 4 min read
Bank of England holds rates at 3.75% as split vote signals hawkish tilt

Bank of England holds rates at 3.75% as split vote signals hawkish tilt

The Bank of England kept interest rates at 3.75% following a tighter 6-3 vote, as policymakers warn that ongoing energy price volatility could keep inflation elevated.

Business ·30 Jul 2026, 13:55 ·Maeve Turner 5 min read
Federal Reserve holds interest rates steady in split 9-3 vote

Federal Reserve holds interest rates steady in split 9-3 vote

The Federal Reserve extended its policy pause, keeping interest rates steady in a rare split 9-3 vote amid persistent inflation and rising energy costs.

Business ·30 Jul 2026, 06:20 ·Maeve Turner 3 min read
Starbucks Q3 2026: Comparable Store Sales Rise 7.9%, Net Revenue Down 1%

Starbucks Q3 2026: Comparable Store Sales Rise 7.9%, Net Revenue Down 1%

Starbucks reported Q3 2026 comparable sales up 7.9% globally and net revenue down 1% to $9.3B, with earnings per share at $0.65 and a price target of $106.45.

Business ·30 Jul 2026, 00:29 ·Maeve Turner 5 min read
Cognizant Reports Second Quarter 2026 Results

Cognizant Reports Second Quarter 2026 Results

Cognizant announced its Q2 2026 financial results, posting $5.5 billion in revenue and detailing operational metrics, capital allocation, and partnerships.

Business ·29 Jul 2026, 20:15 ·Maeve Turner 3 min read
Meta CEO Mark Zuckerberg says US should not ban Chinese AI models

Meta CEO Mark Zuckerberg says US should not ban Chinese AI models

Meta CEO Mark Zuckerberg has argued against banning Chinese artificial intelligence models, clashing with officials and rivals over how the US should maintain its tech edge.

Business ·29 Jul 2026, 12:47 ·Maeve Turner 3 min read
Trump admin bans new Chinese humanoid robots and power inverters

Trump admin bans new Chinese humanoid robots and power inverters

The Federal Communications Commission has introduced restrictions blocking new imports of unreleased Chinese humanoid robots and connected power inverters, citing national security and cybersecurity risks.

Business ·29 Jul 2026, 11:02 ·Maeve Turner 3 min read
Samsung and SK Hynix tumble on AI, China chip fears

Samsung and SK Hynix tumble on AI, China chip fears

South Korean memory-chip giants Samsung and SK Hynix suffered steep stock declines amid mounting fears over AI infrastructure spending and Chinese competition.

Business ·29 Jul 2026, 03:02 ·Maeve Turner 3 min read
Apple briefly tops US$5 trillion market value for first time

Apple briefly tops US$5 trillion market value for first time

Apple briefly crossed a market capitalization of $5 trillion for the first time during intraday trading, making it the second company in history to reach the milestone.

Business ·28 Jul 2026, 23:15 ·Maeve Turner 3 min read