Trudeau vows to defend Canada interests as US targets lumber, Canadian dollar falls

Prime Minister Justin Trudeau vowed to stand up for Canadian interests on Tuesday after the U.S. imposed new tariffs on softwood lumber and trade tensions between the two countries escalated, sending the Canadian dollar to a 14-month low. While the currency fell,...

Elliott urges Arconic to elect all four shareholder nominees

Activist hedge fund Elliott Management on Tuesday issued a fresh letter to specialty metals maker Arconic’s shareholders, urging them to elect all of its four shareholder nominees to Arconic’s board. Elliott’s latest pressure comes a day after...

Uber’s privately-held stock has been trading 15% lower amid scandals, a report says

Shares of Uber’s stock have dropped about 15 percent to trade in the mid-to-high $30s range apiece, amid a slew of bad press, The Information reported on Tuesday. The leg downward would value the privately-held company at around $50 billion, down from close to...