Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.

The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.

Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to 1,700 people losing their jobs.

Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.

Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.

President Trump and administration officials indicated the fallout could intensify in the coming days, even as he has kept himself at a remove from the crisis.

The measure, known as Proposition 50, is an attempt to counter a push in Republican-led states to redraw congressional districts.

The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software.

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.

The company, which publishes more than 200 local newspapers across 42 states, is adopting the name of its flagship publication.