Canada Inquirer

Top analyst still thinks we’re on the cusp of a new boom for the economy, but investors aren’t with him: ‘Markets remain choppy’ thumbnail
Canada Inquirer

Top analyst still thinks we’re on the cusp of a new boom for the economy, but investors aren’t with him: ‘Markets remain choppy’

Morgan Stanley chief equity analyst Mike Wilson has been saying for years the U.S. was in a “rolling recession” when economists were seeing...

Former Sears boss says CEOs won’t challenge Trump’s tariffs out of ‘cowardice’—but the holidays are fast approaching, and ‘the party is over’ thumbnail
Canada Inquirer

Former Sears boss says CEOs won’t challenge Trump’s tariffs out of ‘cowardice’—but the holidays are fast approaching, and ‘the party is over’

The former CEO of Sears Canada, Mark Cohen, says corporate America is “terrified” of President Donald Trump’s escalating trade war, but CEOs of...

Walmart has spent more than $110 million buying malls this year in a move to become a property owner, not just a tenant thumbnail
Canada Inquirer

Walmart has spent more than $110 million buying malls this year in a move to become a property owner, not just a tenant

While Americans are buying trash bags and Great Value soda at Walmart, Walmart is buying…malls. The big-box colossus just snagged a Norwalk, CT, retail plaza...

The best way to earn billionaire status is to follow in Warren Buffett’s footsteps: 15% of billionaires derive net worth from the finance industry thumbnail
Canada Inquirer

The best way to earn billionaire status is to follow in Warren Buffett’s footsteps: 15% of billionaires derive net worth from the finance industry

The number of people who may think a banana costs $10 has exploded in the last few decades. The US has 902 billionaires this year,...

‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich thumbnail
Canada Inquirer

‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich

Investor Cathie Wood, a long-time Tesla bull known for first investing in the company a decade ago at $13 per share, condemned the...

The CEO behind Abercrombie & Fitch’s turnaround says the retailer isn’t chasing ‘cool’—it wants to be a ‘lifestyle’ brand instead thumbnail
Canada Inquirer

The CEO behind Abercrombie & Fitch’s turnaround says the retailer isn’t chasing ‘cool’—it wants to be a ‘lifestyle’ brand instead

As counterintuitive as it might seem, being trendy can be a curse for a clothing brand. Abercrombie & Fitch for years was a...

Mark Cuban warns that OpenAI’s new plan to allow adults-only erotica in ChatGPT could ‘backfire. Hard’ thumbnail
Canada Inquirer

Mark Cuban warns that OpenAI’s new plan to allow adults-only erotica in ChatGPT could ‘backfire. Hard’

Billionaire investor Mark Cuban is warning that OpenAI is walking into a massive trust crisis with parents and schools after CEO Sam Altman...

Morgan Stanley posts biggest earnings beat in nearly 5 years with record quarterly revenue of $18.2 billion, shares up 4.7% thumbnail
Canada Inquirer

Morgan Stanley posts biggest earnings beat in nearly 5 years with record quarterly revenue of $18.2 billion, shares up 4.7%

Morgan Stanley posted a blockbuster third-quarter earnings report on Wednesday, far surpassing analyst expectations and posting its biggest earnings beat in nearly five...

Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon thumbnail
Canada Inquirer

Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon

Long known for its massive scale and bureaucratic complexity, the Pentagon is slowly transforming itself into a more streamlined organization, much like a...

MacKenzie Scott triples down on DEI with $40 million donation to African American Cultural Heritage Action Fund thumbnail
Canada Inquirer

MacKenzie Scott triples down on DEI with $40 million donation to African American Cultural Heritage Action Fund

MacKenzie Scott has made a $40 million donation to the African American Cultural Heritage Action Fund, literally doubling down on her ongoing commitment...