Business

The fall lobster season for P.E.I. fishers will run from Aug. 9 until Oct. 10. File Photo.

Lobster setting day in Northumberland Strait pushed to April 27

Fisheries and Oceans Canada is delaying the start of the lobster fishing season in some parts of P.E.I. due to concerning weather conditions. Environment Canada’s marine forecast of westerly winds peaking at 35 knots is expected to affect wave levels ...

Updated 8 hours ago |1 min read

Prices at the Pumps: Some small relief, more for diesel

Updated 4 hours ago |1 min read

Union to launch boycott of Java Blend coffee shops in Halifax

Updated 7 hours ago |3 min read

CBRM throws its support behind new proposed solar gardens projects

Updated 9 hours ago |9 min read

Construction boom hits Moncton in first quarter of 2024

Updated 8 hours ago |2 min read

Bank of Japan may signal near-term rate hike with new price forecasts

Updated 16 minutes ago |3 min read

FICO posts higher profit on scores business strength

Reuters |Updated 35 minutes ago |1 min read

(Reuters) - Credit scoring giant Fair Isaac Corp posted a rise in second-quarter profit on Thursday, helped by robust demand for its scores and software businesses. The seven-decade-old company is best known for its FICO Score, the standard ...

A crow sits on wood framing at a commercial construction project in Encinitas, California, U.S., July 30, 2020.

Weyerhaeuser beats quarterly profit estimates on high real estate demand

Reuters |Updated 36 minutes ago |1 min read

(Reuters) - U.S. forest product firm Weyerhaeuser on Thursday beat estimates for first-quarter profit on increased demand for housing construction. Tight supply of existing homes in the United States pushed buyers to opt for newly made houses, ...

Signage is seen outside a Capital One Bank in Manhattan, New York, U.S., November 12, 2021.

Capital One's first-quarter profit jumps on interest income boost

Reuters |Updated 46 minutes ago |2 min read

(Reuters) - Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates. Net interest income (NII) - the difference between what it makes on loans and pays out on ...

Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo

As demand for US LNG booms, one plant struggles to stay online

Curtis Williams |Updated 56 minutes ago |2 min read

By Curtis Williams HOUSTON (Reuters) - The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports. Since ...

Bank of Japan Governor Kazuo Ueda attends a press conference after a policy meeting at BOJ headquarters, in Tokyo, Japan March 19, 2024.

Morning Bid: Bank of Japan center stage, US tech supports

Jamie McGeever |Updated 56 minutes ago |3 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asia's market spotlight on Friday falls on the Bank of Japan's policy announcement, as the cat-and-mouse game of when or if Tokyo intervenes in the currency market continues, ...

Verisign's Q1 revenue rises on demand for internet services

Reuters |Updated 57 minutes ago |1 min read

(Reuters) - Internet services firm VeriSign reported a 5.5% rise in its first-quarter revenue on Thursday, helped by steady demand for domain name registrations as businesses beef up their online presence. More and more enterprises are nowadays ...

Western Digital tops profit expectations on demand from cloud-computing customers

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Western Digital surpassed expectations for quarterly revenue and profit on Thursday, riding on a surge in demand for its data storage products from cloud service providers. The results are the latest sign that demand for memory chips ...

Juniper misses revenue estimates on weak networking gear demand

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Juniper Networks missed Wall Street estimates for first-quarter revenue on Thursday, hit by sluggish demand for the networking gear maker's products in an uncertain economy. Weak demand from inflation-hit wireless carriers and cable ...

KLA Corp projects quarterly revenue above estimates as AI fuels chip demand

Reuters |Updated 1 hour ago |1 min read

(Reuters) - KLA Corp forecast fourth-quarter revenue above analysts' expectations on Thursday, anticipating strong demand for its chip-making tools from semiconductor makers looking to tap into a surge in demand for use in AI applications. Shares ...

Cigna to offer Humira rivals with $0 copay at specialty pharmacy

Amina Niasse, Patrick Wingrove |Updated 1 hour ago |2 min read

By Patrick Wingrove and Amina Niasse (Reuters) - Cigna plans to make close copies of AbbVie's blockbuster arthritis drug Humira available with no out-of-pocket payment to eligible patients in the U.S. using its specialty pharmacy beginning in ...