📉Bausch Health reports weak Q2 🐕Pet Valu raises 2022 outlook 🛢️Price of oil climbs Here's what you need to know today:
, up from 96.1 per cent during the same period a year ago, as business returns to pre-pandemic levels. CEO Jonathan Gitlin joins us on BNN Bloomberg today at 3:30 p.m. EDT.plans to invest
US$40 billion through the end of the decade to build out semiconductor manufacturing capacity in the United States. The company expects to begin chip production after 2025 and will create as many as 40,000 jobs. U.S. President Joe Biden is expected to sign the Chips and Science Act into law today and Micron plans to use government grants and credits to help fund this investment.
Shares of Bed, Bath & Beyond are poised to trade higher again today as meme traders continue to bet on the stock despite the lack of any apparent catalyst for the move. Share are up 97 per cent in just the last five trading days. Take-Two Interactive shares are also trading lower this morning ahead of the opening bell after the video game company behind Grand Theft Auto reported its annual profit forecast missed estimates.
WSP Global is purchasing U.K. environmental consulting company RPS Group in a deal valued at about £625 million, which is approximately $975 million. This marks the Canadian firm’s third takeover in just three months.