Michael Dell, Wife Pledge $6.25 Billion for Children’s Accounts

Dell Technologies founder Michael Dell and his wife, Susan, pledged $6.25 billion Tuesday to fund investment accounts for 25 million American children, expanding a federal program that provides accounts to newborns. The couple announced the pledge on GivingTuesday at a White House ceremony. The Dells said they believe it represents the largest single private commitment […]

Laurentian Bank Sold in Split Deal to Fairstone, National Bank

Fairstone Bank of Canada will acquire Laurentian Bank of Canada for $1.9 billion while National Bank of Canada takes over the retail and small business operations, the companies announced Tuesday, ending the 175-year-old institution’s existence as an independent bank. Fairstone will pay $40.50 per share in cash for Laurentian’s commercial operations, representing a 20% premium […]

Trump Announces Land Strikes on Drug Targets, Colombia Issues War Warning

President Donald Trump announced Tuesday the United States will begin striking drug trafficking targets on land in Latin America “very soon,” expanding military operations beyond the sea-based campaign that has killed more than 80 people since September. The announcement, made during a Cabinet meeting at the White House, marks a significant escalation in the administration’s […]

US Pushes SMRs In $800 Million DOE Grant

The US is advancing more nuclear efforts after the Energy Department selected Tennessee Valley Authority and Holtec Government Services for early deployments of advanced light-water SMRs, with project teams eligible for up to $800.0 million in federal cost-shared funding tied to initial projects in Tennessee and Michigan and positioned for follow-on builds and supply-chain expansion. […]

Talks Reveal BHP Did Offer To Acquire Anglo American For $53B

BHP Group made a roughly $53-billion bid for Anglo American that delivered a 24% premium yet was rejected within hours as the London miner held to its Teck Resources merger strategy anchored in copper expansion. People familiar with the talks told Bloomberg that BHP offered £34 a share late on November 20 compared to Anglo’s […]

First Nations Chiefs Unite Against Northern BC Pipeline Plan

First Nations chiefs voted unanimously on Tuesday to oppose changes to the oil tanker ban protecting British Columbia’s northern coast, challenging a federal-provincial agreement signed last week that could enable new pipeline development. The Assembly of First Nations passed the resolution at its Ottawa gathering, demanding the federal government uphold existing protections and withdraw from […]

Royal Bank of Canada Posts Record Earnings In Q4 2025 As Credit Losses Rise

Royal Bank of Canada (TSX: RY) closed fiscal 2025 with a revenue-led earnings surge, but the year also delivered a clear message that credit is getting more expensive again. In Q4, total revenue rose to $17.2 billion from $15.1 billion while provisions for credit losses increased to $1.0 billion from $840 million. Under the topline, […]