Skip to main content

Featured

Tech Titans Spark Market Surge Amid Trade Optimism

  Wall Street Rallies on Big Tech Earnings and Trade Breakthroughs The stock market soared Thursday morning as strong earnings from Big Tech giants and promising trade developments lifted investor sentiment. Futures for the Nasdaq 100 jumped 1.3%, while the S&P 500 rose nearly 1%, both eyeing fresh record highs. The Dow Jones Industrial Average futures lagged slightly, gaining 0.3%. Big Tech Leads the Charge Meta Platforms surged 12% in premarket trading after beating earnings expectations and offering robust guidance, despite ramping up AI investments. Microsoft climbed over 8%, inching closer to a $4 trillion market valuation following stellar quarterly results. Investors now await earnings from Apple and Amazon to see if the rally can sustain momentum. Trade Deals Ease Global Tensions A new pact with South Korea includes a 15% tariff on imports and zero duties on U.S. exports, alongside a $350 billion investment commitment from Seoul. President Trump and Europea...
Post a Comment
Read more

article

Labels

Weston Family Acquires Historic Hudson’s Bay Charter for $12.5M, Plans Museum Donation

 

                          

The 1670 royal charter signed by King Charles II establishing Hudson's Bay is shown on display at the Manitoba Museum where it was loaned to be displayed alongside its permanent collection of Hudson's Bay artifacts, in this 2020 handout photo.



Historic Deal Preserves Canadian Legacy

In a gesture blending heritage preservation with philanthropy, the billionaire Weston family is set to acquire the original charter of the Hudson’s Bay Company for $12.5 million. The centuries-old document, granted in 1670 by England’s King Charles II, established one of the world’s oldest continuously operating companies and played a pivotal role in shaping Canada’s economic and cultural landscape.

The Weston family, known for their stewardship of iconic brands and long-standing support of Canadian institutions, announced plans to donate the charter to a Canadian museum following the purchase. The move ensures the artifact will remain in public hands and accessible to future generations.

"We’re proud to help keep this vital piece of Canada’s history within our national heritage," a Weston family representative stated.

With the charter headed to a museum, the legacy of the Hudson’s Bay Company will continue to inspire curiosity about Canada’s roots in exploration, trade, and Indigenous relations.


Labels:

Comments

Post a Comment

Popular Posts