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New York Community Bancorp tries to reassure investors, but its stock falls again

New York Community Bancorp tries to reassure investors, but its stock falls again

NEW YORK (AP) — Shares of New York Community Bancorp fell another 11% Wednesday after the bank's credit rating got downgraded to “junk” and investors worried that regional lender could suffer the same fate Silicon Valley Bank did last year.
From Uber Eats' 'Friends' reunion to Bud's Clydesdales, here are the buzziest Super Bowl ads so far

From Uber Eats' 'Friends' reunion to Bud's Clydesdales, here are the buzziest Super Bowl ads so far

NEW YORK (AP) — If you watch the Super Bowl for the commercials, you no longer have to wait until the big game to see what advertisers have in store for viewers.
Laurentian Bank appoints three new members to its board of directors

Laurentian Bank appoints three new members to its board of directors

MONTREAL — Laurentian Bank of Canada announced the appointment of three new members to its board of directors. Board chair Michael Boychuk says Johanne Brunet, Jamey Hubbs and Paul Stinis have joined the board, effective today.
Aircraft landing gear maker Héroux-Devtek reports Q3 profit and sales up

Aircraft landing gear maker Héroux-Devtek reports Q3 profit and sales up

MONTREAL — Héroux-Devtek Inc. reported a third-quarter profit of $9.0 million, up from $1.8 million a year earlier as its sales rose 16 per cent.
Brookfield Asset Management Ltd. reports US$95M Q4 profit, raises dividend

Brookfield Asset Management Ltd. reports US$95M Q4 profit, raises dividend

TORONTO — Brookfield Asset Management Ltd. raised its dividend as it reported a profit of US$95 million in its latest quarter from its stake in the asset management business it owns with Brookfield Corp.
NTSB says bolts on Boeing jetliner were missing before a panel blew out in midflight last month

NTSB says bolts on Boeing jetliner were missing before a panel blew out in midflight last month

Bolts that helped secure a panel to the frame of a Boeing 737 Max 9 were missing before the panel blew off the Alaska Airlines plane last month, according to accident investigators.
Bluesky, a social network championed by Jack Dorsey, opens for anyone to sign up

Bluesky, a social network championed by Jack Dorsey, opens for anyone to sign up

Bluesky, a Twitter-like social network championed by Twitter co-founder Jack Dorsey, has emerged from its cocoon and is now allowing anyone to create an account and join the service.
Meta says it will label AI-generated images on Facebook and Instagram

Meta says it will label AI-generated images on Facebook and Instagram

Facebook and Instagram users will start seeing labels on AI-generated images that appear on their social media feeds, part of a broader tech industry initiative to sort between what’s real and not.
Athabasca, Cenovus close creation of new Duvernay Energy Corp. joint venture

Athabasca, Cenovus close creation of new Duvernay Energy Corp. joint venture

CALGARY — Athabasca Oil Corp. and Cenovus Energy Inc. have closed a previously announced deal creating a new joint venture stand-alone company called Duvernay Energy Corp.
Algoma Steel reports net loss of $84.8 million in third quarter, revenues rise

Algoma Steel reports net loss of $84.8 million in third quarter, revenues rise

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. reported a net loss of $84.8 million in its third quarter, compared with a net loss of $69.8 million a year earlier. The Sault Ste. Marie, Ont.-based company says revenue totalled $615.