Barrick Forms New Leadership Group to Pursue North American IPO
Barrick Mining Corp. has formed an executive leadership team for its North American operations as the gold producer advances plans to pursue an initial public offering for the business.
Air Canada CEO’s French Fiasco Touches a Nerve in Restive Quebec
Air Canada’s CEO Michael Rousseau is stepping down following blowback from a video statement he gave — almost entirely in English — after an Express plane collided with a fire truck at LaGuardia airport on March 22. Mathieu Dion explains why the CEO’s lack of a French apology led to this moment (Source: Bloomberg)
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ServiceNow’s stock is having its worst quarter on record. What comes next?
Analysts think ServiceNow can improve performance later this year as early AI adopters stock up on more credits and as some pandemic-era contracts come up for renewal.
Hormuz Flows Tick Up for Iran-Approved Ships Amid Gulf Blockade
The number of vessels transiting Hormuz with their signals on is ticking gently higher, even as the waterway remains effectively closed to most commercial shipping without clearance from Iran.
Citizens CEO: Private Credit Industry Growth Will Slow
Bruce Van Saun, Citizens Financial Group Chairman and CEO discusses challenges facing regional banks as credit growth is tested, and how lenders are applying AI and cloud-based tools to improve speed and reduce friction. He speaks with Dani Burger and Matt Miller on “Open Interest,” saying private credit industry growth will slow. (Source: Bloomberg)
Commodity Price Data Accuracy: Why Errors Happen
Understand commodity price data accuracy problems and discover simple ways to improve data reliability for better market decisions.
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Fed chief Powell says risks to economy suggest rates could go lower or higher
Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.
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How do I know my money is safe with my financial adviser — and not a Ponzi scheme?
You may want to ask for help with your investment strategy, but never give up control of your money.
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‘She has taken my inheritance’: My mom bullied my grandmother to change her will and physically abused her. What can we do?
“I believe my mom caused her physical injury and abused her on multiple occasions.”
Carlyle Said to Plan Defense Fund as Governments Hike Spending
Carlyle Group Inc. plans to launch a fund focused on the defense sector amid growing demand by governments to upgrade their military forces, according to people with knowledge of the matter.