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Published: October 23, 2026 at 2:26p.m. EDTScott Unger, co-founder and CEO of Kahua, joins BNN Bloomberg to discuss the barriers for construction companies to deploy AI. AI use is widespread in construction, but significant returns remain elusive. A Kahua survey found that only eight per cent of respondents reported significant value from their AI investments. BNN Bloomberg spoke with Scott Unger, CEO of Kahua, to discuss the survey’s findings and what they reveal about the construction industry’s adoption of artificial intelligence. How to set BNN Bloomberg as your preferred source on GoogleKey TakeawaysAI embedded directly into construction applications can deliver greater value than tools used separately from core business processes. Human review remains essential to check AI-generated information before accepting it as fact. Complex construction projects generate vast amounts of data that AI can help manage throughout design, construction and ongoing operations. Consolidating systems can reduce data silos created by numerous applications and project stakeholders.

BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. NEW YORK — Stocks slipped on Wall Street Friday under increasing pressure from rising oil prices. The S&P 500 fell 0.4 per cent, adding to its decline from a day before. The index is on track for a second-straight week of losses. The Dow Jones Industrial Average fell 591 points, or 1.1 per cent, as of 1:52 p.m. Eastern time. The Nasdaq composite was down 0.1 per cent after giving up a modest gain. Rising oil prices weighed heavily on the market, where three out of every four stocks within the benchmark S&P 500 index fell. The price for a barrel of Brent crude oil rose 2.8 per cent to US$111.69. It has surged from less than $97 at the start of October and is now at its highest level since March. Several AI-related companies made big moves. Micron Technology jumped 3.4 per cent and Microsoft rose 0.7 per cent, helping ease the impact on major indexes from a drop for most stocks. Advanced Micro Devices jumped 1.9 per cent. S&P 500 market updates hereThe tech sector’s influence is also capable of quickly switching over to a heavy weight.

Published: October 23, 2026 at 1:51p.m. EDTRichard Dufresne, chief financial officer at Loblaw Companies, joins BNN Bloomberg to discuss the company's performance and discuss their growth strategy. BRAMPTON — Loblaw says it is starting to notify about two million Canadians who were affected by a data breach in March with specifics about which personal information of theirs leaked. The grocer is notifying affected consumers directly about the breach, which may have revealed data including their name, email address, home address, date of birth, loyalty card number, certain purchase order details and partial payment card information. Although, it says the extent of the leak is different for everyone and not all types of information were involved for every customer. Latest updates on company news hereLoblaw is also advising customers on next steps and asking them to beware of unexpected emails, calls or texts. It is offering complimentary credit monitoring and identity restoration services through TransUnion.