business

Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally and global artificial intelligence boom. Source link

The Bank of Canada lowered interest rates by 25 basis points to 2.25 per cent on Wednesday. Source link

Some Alberta ranchers hope that branching into tourism will help shore up their family farms to last another generation — though the accommodations might seem a little quirky. Source link

Shares of Cameco Corp. rose more than 20 per cent after the company and Brookfield Asset Management Ltd. announced a partnership agreement with the U.S. government to help build nuclear reactors in the United States. Source link

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. Source link

Cenovus Energy Inc. has raised its takeover offer for MEG Energy Corp., winning the support of Strathcona Resources Ltd., which had opposed the deal. Source link

More than two years after paying out $4.99 million in an allegedly bogus refund, the Canada Revenue Agency is stuck in Federal Court trying to figure out where the money went and how to get it back. Source link

While Calgary is best known as an oil and gas town, a growing aerospace and defence industry has largely flown under the radar. The sector hopes to get a boost from a renewed national interest in defence spending, and in sourcing contracts from Canadian companies. Source link

Sobeys Inc. confirmed it’s running a body-worn camera pilot after FreshCo cashiers were spotted wearing them in a store located at Sherbourne and Isabella streets. Source link

Statistics Canada says it will delay publishing international trade data for September because of the government shutdown in the United States. Source link