Workflow
January layoffs hit highest level since 2009 as monthly job cuts surge
New York Post· 2026-02-05 22:07
U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows.Global outplacement and executive coaching firm Challenger, Gray & Christmas found that employers announced 108,435 job cuts in January – an increase from the 49,795 cuts announced in the same month last year. Job cuts increased 205% from December, when there were 35,553 layoffs announced.This January saw the most layoffs for the month since 2009, when 241,749 cuts were announced. It wa ...
Tech Sell-Off Drags Major Indexes Lower as Job Market Woes Persist; Alphabet, Qualcomm Tumble
Stock Market News· 2026-02-05 22:07
U.S. equities experienced a challenging day on Thursday, February 5, 2026, as a significant sell-off in technology stocks and discouraging reports from the job market weighed heavily on investor sentiment. The tech-heavy Nasdaq Composite (NDAQ) and the benchmark S&P 500 (SPX) both closed sharply lower, marking their third consecutive day of losses, while the Dow Jones Industrial Average (DJIA) also retreated amidst a broad "risk-off" environment.The S&P 500 fell 1.2% to close at 6,798.40, recording its sixt ...
Why one regional bank is shrinking after years of rapid growth
American Banker· 2026-02-05 22:07
Key insight: First Interstate in Montana, which spent years growing through acquisitions, is taking a decidedly different approach under CEO Jim Reuter.What's at stake: The bank's balance sheet has already gotten smaller, as First Interstate closes branches and intentionally allows some loans to run off. The business will continue to shrink before it eventually gets larger, according to Reuter.Forward look: Some analysts are wondering if First Interstate is setting itself up to be an acquisition target. The ...
KKR Forms A$600m Energy Transition Strategic Partnership with HMC
Businesswire· 2026-02-05 22:07
SYDNEY--(BUSINESS WIRE)--KKR Forms A$600m Energy Transition Strategic Partnership with HMC. ...
Namib Minerals Receives Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares Requirement
Globenewswire· 2026-02-05 22:06
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”), (Nasdaq: NAMM), today announced that on January 30, 2026, the Company received a letter (the “Letter”) from the Nasdaq Listing Qualifications Department (the “Staff”) notifying the Company that during the period from December 5, 2025 to January 20, 2026 the Company’s ordinary shares, par value $0.0001 (the “Ordinary Shares”), did not meet the minimum market value of publicly held shares of $15,000,000 (the “MVPHS ...
Amazon Plans to Spend $200 Billion on A.I. and Other Projects This Year
Nytimes· 2026-02-05 22:06
The company reported a strong holiday quarter on Thursday. But its big spending on things like artificial intelligence and satellites is starting to make investors nervous. ...
KO Gold Announces Stock Option Grant
TMX Newsfile· 2026-02-05 22:05
Toronto, Ontario--(Newsfile Corp. - February 5, 2026) - KO Gold Inc. (CSE: KOG) ("KO Gold" or the "Company") announces today that it has granted stock options ("Options") to purchase up to 2,335,000 common shares of the Company (the "Shares") to certain directors, officers, and consultants of the Company, pursuant to the Company's stock option plan. The Options are exercisable for a period of three (3) years from the date of grant at a price of $0.35 per Share. The Options will vest immediately. All of the ...
Bitcoin's latest selloff is shattering many of its most enduring myths
MarketWatch· 2026-02-05 22:05
The crypto was supposed to be a hedge against currency debasement. Instead, it is trading like just another speculative tech stock, erasing 50% of its value since an early October high. ...
Bird Construction Inc. Announces Release Date and Conference Call for 2025 Fourth Quarter and Annual Financial Results
Globenewswire· 2026-02-05 22:05
MISSISSAUGA, Ontario, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Bird Construction Inc. (TSX: BDT) announced today that it will release its 2025 fourth quarter and annual financial results after market close on Wednesday, March 11, 2026. A conference call and live webcast to discuss the results will be held on Thursday, March 12, 2026 at 10:00 a.m. (ET). Teri McKibbon, President and Chief Executive Officer, and Wayne Gingrich, Chief Financial Officer, will host the call. Participants are invited to register for expe ...
Euromax Announces Closing of Issuance of Common Shares to Galena in Connection with Repayment of Debt
Thenewswire· 2026-02-05 22:05
    VANCOUVER, BC, February 5, 2026 – TheNewswire - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company"), announces today that further to its news release dated January 13, 2026, it has now completed the issuance of 34,965,342 common shares in the capital of the Company (the “Common Shares”) to Galena Resource Equities Limited (“Galena”) pursuant to the debt settlement agreement entered into between the Company and Galena on January 13, 2026 (the “DSA”). The Common Shares were issued at a deeme ...