Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Coles Group Q3 Sales Rise Driven by Supermarkets and E-Commerce Growth 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Supreme Court Asked to Reinstate Mail-Order Access to Abortion Pill Mifepristone 
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Berkshire Hathaway Q1 Earnings Jump 18% as Greg Abel Signals Disciplined Growth Strategy 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 
Air Canada would consider possible cancellations of aircraft orders from Boeing and Airbus after COVID-19 pushed the carrier into a second-quarter loss.
Air Canada's second straight quarterly loss expects cash burn to slow slightly in the third quarter.
The airline blamed Canadian travel restrictions, which it described as among the most severe in the world.
Air Canada CEO Calin Rovinescu said that without government support for the industry and as travel restrictions persist, the carrier is considering other options for further cost and capital reduction.
The options include more route suspensions and cancellations of Boeing and Airbus aircraft orders, including the Airbus A220, which is manufactured in the Canadian province of Quebec.
Air Canada expects its third-quarter capacity to decline by 80 percent, after seeing a 96 percent drop in passengers during the second quarter.
