Persistent export demand and refineries operating near their maximum capacity are expected to drive U.S. crude oil stockpiles lower for the tenth consecutive week. Analysts surveyed by The Wall Street Journal project a commercial draw of 3.1 million barrels for the week ending June 26, tightening domestic supply further.
Facing economic stagnation and volatile global markets, Prime Minister Mark Carney has signaled a decisive shift away from his predecessor’s environmental agenda. The government now seeks to prioritize the development of Canada’s vast oil and gas reserves, framing the move as a necessary step to secure long-term national stability.
The Food and Drug Administration has authorized Philip Morris International to market twenty Zyn nicotine pouch products with the specific claim that they pose lower risks than traditional cigarettes. This regulatory milestone marks the first time such modified risk orders have been extended to the category of nicotine pouches in the U.S.
Surpassing previous projections of a 50-cent-per-share loss, Allegiant Travel now anticipates adjusted earnings of at least $1.25 per share for the second quarter. The upward revision follows a combination of sustained consumer demand and a notable cooling of fuel expenses throughout the month of June.
Auburn Hills-based Phinia is set to acquire Stoba Group, a move designed to bolster its manufacturing footprint and integrate complex systems into its existing portfolio. The transaction, which remains subject to customary closing conditions, is scheduled to finalize during the fourth quarter of this year.
Cosmos Health is betting on its own valuation, authorizing a $5 million stock repurchase program that runs through the end of the year. The move targets roughly half of the healthcare company’s current market capitalization, signaling a sharp disconnect between current trading prices and internal growth projections.
Crude oil futures slipped toward midday Tuesday as tanker traffic through the Strait of Hormuz demonstrated signs of recovery. Traders are closely monitoring the latest round of U.S.-Iran peace talks in Doha, which remain clouded by internal political friction in Tehran and recent military activity in the region.
Shares of Candel Therapeutics climbed 8.4% to $11.23 on Tuesday following the company’s announcement of a pivotal Phase 3 trial for its lead lung-cancer candidate. The surge continues a year-long rally that has seen the stock price nearly double in value as investor confidence in the pipeline grows.
Quarterhill is acquiring Conduent’s tolling business in a $70 million cash deal, a move that sent the Toronto-based firm’s stock soaring 45% to 2.50 Canadian dollars. The transaction allows the intelligent transportation provider to significantly expand its footprint while Conduent pivots to streamline its core service portfolio.
With a $340 million cash payment, Great-West Lifeco is absorbing the retirement plan and benefits administration arm of Seattle-based Milliman. The deal brings 1.5 million new plan participants into the fold, pushing the total client assets under the company's Empower subsidiary to a pro forma $2 trillion.
SilverCape Investments has lowered its acquisition bid for PetMed Express to $3 per share, citing the online pharmacy's ongoing financial decline. The investment firm, which holds a 12% stake in the company, now demands a direct path toward taking the retailer private after months of stalled negotiations.
Sable Offshore shares took a 47% nosedive to $3.73 on Tuesday after the energy firm announced dual public offerings of common stock and convertible notes. The move, aimed at settling a significant debt obligation to Exxon Mobil, leaves the company’s stock down 59% since the start of the year.
Investors sent Nuvectis Pharma shares tumbling 34% on Tuesday to $18.91, a sharp reversal after the company priced its latest public offering at $20 per share. The move comes just one day after the biopharmaceutical firm hit a 52-week high of $29.28, effectively cooling a rally that had doubled the stock's value this year.
Investors sent Robo.ai shares tumbling 20% to $4.38 on Tuesday after the firm announced a $60 million deal to acquire QC Capital. The acquisition, to be settled entirely in newly issued Class B ordinary shares, deepens the company's commitment to artificial intelligence and venture-building operations.
Rémy Cointreau officially filed its 2025-26 Universal Registration Document with the French Financial Markets Authority on June 30, 2026. Registered under reference D.26-0496, the filing provides a comprehensive look at the group's annual financial performance and corporate governance as it pursues its goal of leading the luxury spirits market.
Amazon has agreed to pay $2.25 million in civil penalties to settle Federal Trade Commission allegations that the retail giant repeatedly denied identity theft victims access to critical transaction records, violating the Fair Credit Reporting Act by failing to provide required documentation within the mandated 30-day window.
Shares of ADF Group surged 17% to C$17.60 on Tuesday after the Canadian steel fabricator secured C$127 million in new U.S. contracts. The rally marks a sharp acceleration for the company, pushing its year-to-date gains to 91% as investors react to a robust expansion of its order backlog.
Alberta is set to unveil plans this Thursday for a massive pipeline capable of transporting one million barrels of crude oil daily to the Pacific Coast. Premier Danielle Smith aims to leverage federal interest in energy expansion, though the project faces significant hurdles regarding private-sector financing and stringent environmental requirements.
Following a 14% surge in stock price to $2.97, Rezolve Ai has secured shareholder authorization for a $300 million share repurchase program. The AI-commerce firm is now awaiting mandatory U.K. Court approval to begin buying back ordinary shares, a process expected to conclude by mid-September.
Investors pushed AirJoule Technologies stock up 16% to $5.32 on Tuesday following the unveiling of its AirJoule Prime system. The atmospheric water-generation unit, developed alongside GE Vernova, targets the high-volume water demands of data centers and industrial facilities by harvesting moisture directly from the air using waste heat.
Amazon has committed to a massive nature-based restoration effort in South Africa's Eastern Cape, pledging to purchase 1.95 million carbon-removal credits. The initiative targets the rehabilitation of 50,000 hectares of degraded land, leveraging the unique carbon-capturing properties of the native spekboom shrub to meet the company's net-zero climate goals.
Medicare beneficiaries seeking weight-loss treatments will soon gain a new path to access, as Weight Watchers integrates its Med+ platform into a specialized bridge program. Starting July 2026, the initiative aims to lower the financial barrier for patients looking to secure high-demand GLP-1 medications through federal insurance coverage.
Toyota Motor is moving into the skies, teaming up with Joby Aviation to bridge the gap between automotive assembly lines and electric vertical take-off and landing aircraft. This strategic alliance aims to leverage Toyota’s manufacturing precision to scale the production of Joby’s air taxis for a burgeoning commercial market.
Bill Grieco will take the helm at Innventure on October 1, stepping into the chief executive role as part of a planned leadership transition. He replaces Bill Haskell, who is retiring after a six-year tenure at the venture capital firm and will assist with the handoff through the end of the year.
With an upfront payment of $70 million and another $70 million tied to future performance milestones, Pacira BioSciences has agreed to sell its iovera° cryoneurolysis platform to Zimmer Biomet. The transaction, slated to close in the third quarter, marks a strategic pivot for Pacira as it narrows its focus toward biopharmaceuticals.
Vistagen Therapeutics announced that its fasedienol nasal spray failed to reach its primary endpoint in a clinical trial for the acute treatment of social anxiety disorder. The company confirmed that the drug showed no meaningful difference compared to a placebo across all secondary endpoints during the recent assessment.
Air Products & Chemicals is abandoning its Louisiana Clean Energy Complex, citing financial returns that failed to meet internal benchmarks. The decision forces the industrial gas giant to swallow a $2.9 billion pretax charge this fiscal quarter, marking a significant retreat from its ambitious push into large-scale clean energy infrastructure.
With total wheat plantings dropping 5.9% to 25.3 million acres this year, Canadian producers are shifting their focus toward record-breaking canola production. Statistics Canada reports that favorable market pricing and persistent demand have driven a significant pivot in land allocation across the country’s primary agricultural regions.
Following a top-to-bottom internal restructuring that bolstered its balance sheet and cash flow, shipping and mailing firm Pitney Bowes has launched the second phase of a strategic review. The board is now evaluating a wide range of options, including potential partnerships, divestitures, or a complete sale of the company.
Charlie Cole is stepping into the chief executive role at Lands' End, replacing Andrew McLean as the retailer pivots toward a tech-heavy strategy. Bringing two decades of consumer brand experience and a background in artificial intelligence, Cole aims to overhaul the company’s digital infrastructure and customer engagement models.
