Tension over inflationary data casts shadow over Argentine financial market - Reuters

Published: October 19, 2026 at 3:53p.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. MONTRÉAL — Quebec Superior Court has rejected a motion by Amazon filed in connection with the company’s challenge to unionization efforts at its now-shuttered Laval warehouse. A union affiliated with the CSN was certified in May 2024, before the e-commerce giant shuttered all seven of its warehouses in the province. Amazon had challenged the unionization, arguing the process violated workers’ freedom of association because a secret vote was not held. Latest updates on company news hereAmazon argued that this violated the right of workers to freedom of association, but Quebec’s administrative labour tribunal ruled in October 2024 that the company didn’t have standing to invoke that right on behalf of others. Amazon challenged the decision on procedural fairness grounds, asserting that it had not been given the opportunity to fully present its position. Quebec Superior Court, however, has upheld the labour tribunal’s decision and dismissed the challenge.

Published: October 19, 2026 at 3:39p.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. FRANKFURT, Germany — Nvidia CEO Jensen Huang urged Germany’s makers of cars and industrial machines to quickly adopt artificial intelligence to “re-engineer” the country’s struggling business model by tapping its wealth of manufacturing data and expertise. Huang, whose company designs the powerful computer chips and software used by companies like Anthropic and OpenAI to develop AI applications, said that digital technology would never replace manufacturing and the engineering world of cars and robots where Germany has vast experience. Or, as he put it, “electrons will never replace atoms.” But he said industry would benefit by leaning into technology. Latest updates on company news here“The next wave of AI is physical. This is where AI interacts with the physical world: robotics, manufacturing, cars, heavy industry,” Huang said Monday during a discussion with German Chancellor Friedrich Merz at an investment conference in Berlin. “And so AI can only augment your capability.

Published: October 19, 2026 at 3:32p.m. EDTLarry Berman discusses his outlook for the markets. The Productivity side of the AI trade is coming slowly. Those that are utilizing AI agents and tools already can see it. I believe that everyone with a computer or cell phone will have some degree of a paid monthly service for an AI assistant. The CapEx required in the coming years alone to get there can boost GDP by enough to likely avoid a recession due a Federal fiscal cliff coming after the U. S. election. Odds are increasing that democrats take both houses of Congress according to the betting markets. 2026 Midterm Elections predictions & odds | Polymarket This opens the high possibility that Trump has a tantrum and shuts the government down blaming the Democrats. While the U. S. will not default on its debt, you can bet that will come up on social media posts and add another layer of uncertainty that U. S. hegemony is in decline. Historically, markets like gridlock (Congress one party, White House opposite party). Less government manipulation has historically been a positive.

Published: October 19, 2026 at 2:57p.m. EDTLourenco Goncalves, chairman, president, and chief executive officer of Cleveland-Cliffs, joins BNN Bloomberg to discuss the Stelco layoffs and steel tariffs. The chief executive of Cleveland-Cliffs Inc. says Stelco has posted its strongest quarterly results since the Ohio-based company acquired the steelmaker two years ago, even as it moves ahead with up to 500 layoffs at its Ontario operations. Lourenco Goncalves says Stelco became a “positive contributor” to Cleveland-Cliffs’ third-quarter results for the period ended Sept. 30 amid a sharp improvement in Canada’s hot-rolled steel market. However, he says more needs to be done by the Canadian government to correct “a clearly oversupplied market for galvanized steel in Canada.”Latest updates on company news hereGoncalves says without a clear plan from Ottawa aimed at improving market conditions for galvanized steel, the company made the “difficult but necessary” decision to indefinitely idle its galvanizing lines at Stelco. He says laid off workers will be called back as soon as the current situation improves.