Power Financial shares jump on buyout offer by parent

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Power Financial shares jump on buyout offer by parent

(Reuters) – Shares of Power Financial Corp (PFC) (PWF.TO) rose nearly 10% on Friday, their biggest jump in more than a decade, after parent Power Corp of Canada (PCC) (POW.TO) agreed to buy the rest of the stake it does not currently own. PCC, which …
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Utah holiday traffic: Christmas season could be busiest in 20-year record

According to the American Automobile Association, more Americans than ever before – a record 115.6 million people — will travel this holiday season from Dec. 21 through Jan. 1. That figure is the most in the nearly 20 years since AAA began its annual count …
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Billionaires Pop Champagne, Eye Deals After Corbyn Craters

Champagne was flowing in London's Mayfair as the news hit. Boris Johnson's Conservatives weren't just winning, they were trouncing Jeremy
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GM investing $1.5B at Missouri plant for next-generation Colorado and Canyon

Detroit — General Motors Co. will invest $1.5 billion into its Wentzville, Missouri, plant to build its next generation of mid-size pickups, the automaker announced Friday. The investment retains about 4,000 jobs at the plant where the Chevrolet Colorado and …
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Jeff Bezos' Blue Origin rocket launches thousands of student letters into space

Several thousand students’ postcards take a journey to space aboard Blue Origin’s New Shepard reusable rocket. Continue Reading Below. A video posted on Twitter by Blue Origin founder Jeff Bezos shows the Amazon CEO reading postcards students all …
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