Canadian heavyweight icon George Chuvalo, potentially the toughest man to ever live, passed this weekend on his 89th birthday after a lengthy battle with dementia.
Chuvalo fought 93 times in 22 years as a professional, sharing the ring with icons like Floyd Patterson, Joe Frazier, George Foreman, and Muhammad Ali without ever once hitting the canvas. A multiple-time national champion, he twice challenged for world **** les, falling short against Ernie Terrell in 1965 and the aforementioned Ali a year later. His career highlights include his 1965 Ring Magazine Fight of the Year against Patterson and a 1969 knockout of Jerry Quarry.
Deeply beloved in his home country, Chuvalo suffered unimaginable tragedy in his personal life, losing two children to heroin addiction while both a third and his wife committed suicide. Despite this, he remained by all accounts a delightful and gregarious figure, a prolific anti-drug advocate and namesake of a community center that supports LGBTQ and other youth in his hometown of Toronto.
Sadly, accumulated damage led to Chuvalo developing dementia, for which he received care in the final years of his life.
Though he never won a world **** le or punched his ticket to the Hall of Fame, Chuvalo deserves recognition for both his extraordinary durability and his status as a genuinely good man in a sport that, at times, can feel dishearteningly short on them. Rest easy, George.

#ever #dementia #years #World

Marriott International, Inc. (NASDAQ:MAR)'s Middle East business showed a meaningful improvement in July, with revenue per available room (RevPAR) declining 12% year over year, a sharp improvement from the 43% decline in the second quarter. The improvement came despite continued regional conflict, suggesting that demand is proving more resilient than initially feared. More importantly, Marriott's global business remains strong: global room revenue increased 7% in July, with the U.S. and Canada up 8%.
However, the Middle East remains a risk to Marriott International, Inc. (NASDAQ:MAR)'s growth strategy. The region represents only about 3% of Marriott's global fees but 6% of its development pipeline, meaning prolonged conflict can have an outsized impact on future hotel openings. Supply-chain disruptions and restricted capital flows have already delayed projects, pushing Marriott toward the lower end of its full-year net unit growth target.
The biggest positive is that the Middle East headwind appears to be easing faster than expected. Moving from a 43% RevPAR decline in the second quarter to just 12% in July suggests travel demand can recover even as geopolitical risks remain elevated. If the conflict stabilizes, Marriott International, Inc. (NASDAQ:MAR) could see a relatively quick rebound in regional occupancy and room rates.
More importantly, the Middle East is not large enough to overwhelm Marriott's broader global performance. The company generated a 7% increase in global room revenue in July, while U.S. and Canadian room revenue rose 8%. RevPAR growth was also broad-based across luxury, premium/select and mid-scale brands, suggesting that Marriott's strength is not dependent solely on wealthy travelers.
Marriott also benefits from an ***** et-light, fee-driven model, meaning stronger hotel demand can translate into attractive cash generation without requiring the company to own most of the underlying properties. Barron's has highlighted the resilience of this model, alongside the strength of Marriott Bonvoy and additional growth opportunities from its credit-card partnerships.

#marriott #middle #room

By MLSsoccer staff
CF Montréal and Vancouver Whitecaps FC are deadlocked at 1-1 heading into the decisive Leg 2 of their 2026 Canadian Championship semifinal series on Wednesday evening.
Canada: TSN, OneSoccer
USA: FS2
Wednesday, Sept. 16 | 7 pm ET/4 pm ET

#wednesday #Vancouver #canadian #onesoccer

Stellantis N.V. (NYSE:STLA)'s long-idled Belvidere ******* embly Plant in Illinois has been a case study for how a plant reopening can be pushed further into the future. The plant has been dormant since February 2023, when Stellantis N.V. (NYSE:STLA) ended the Jeep Cherokee production and laid off over 1,300 employees. A 2027 production target for Belvidere has now shifted, with Stellantis targeting pilot production of the next-generation Cherokee in the first half of 2028 and retail production in the second half of 2029, even as Stellantis portrays the news as a larger investment rather than a delay.
Stellantis N.V. (NYSE:STLA) announced an increase in its Belvidere investment to more than $800 million, up from a previous commitment of $600 million or more, and confirmed that the plant will produce the next-generation Jeep Cherokee on its new STLA One platform, the first vehicle built in the US on that modular design, which the company claims will improve manufacturing efficiency and reduce costs.
However, according to UAW Local 1268 president Matt Frantzen, citing internal records and talks with company executives, the updated schedule pushes pilot production into the first half of 2028, while retail production is not targeted to begin until the second half of 2029, roughly two years later than Stellantis' previous 2027 initial-production target.
The Belvidere news is a grave situation developing north of the border. Unifor, the Canadian union that represents Detroit Three autoworkers, stated that Stellantis N.V. (NYSE:STLA) has signed an MOU with Canadian armored-vehicle maker Roshel outlining a potential sale of its Brampton, Ontario ******* embly plant, which has been idle since 2023. According to union president Lana Payne, Stellantis N.V. (NYSE:STLA) has yet to provide the official year's notice required by the collective agreement. Payne described it as a "lose-lose scenario," claiming Stellantis' 2023 commitment to keep Brampton staffed had been broken.
The two stories are directly related. Brampton had been scheduled to build the Jeep Compass, with retooling beginning in early 2024 before Stellantis N.V. (NYSE:STLA) paused it in 2025 and then, that October, moved Compass manufacturing to the US completely, the same reassignment that sent the model to Belvidere.

#stellantis #NYSE

During the September 8 episode of Mad Money, Jim Cramer turned his attention to Enbridge Inc. (NYSE:ENB), examining escalating geopolitical tensions. He commented:
As long as the war with Iran drags on, it's easy to recommend the refiners like a Valero or a Marathon. I don't see it ending any time soon, not with the US and Iran trading volleys this evening at islands and ships in the Strait. But how about a pipeline that moves about 30% of all crude produced in North America? Now, I'm talking about Enbridge which has a 5.5% yield. Also has a natural gas, you know, it transports 20% of the natural gas that's consumed in America. Okay, it's Canadian, but it's not caught up in the tariff fight because slapping tariffs on Canadian energy would be economic suicide for our country.
Cramer's focus on Enbridge Inc. (NYSE:ENB) highlights the structural dominance of its midstream network. The company operates as a significant transport network for North American energy, moving approximately 30% of all crude produced on the continent. Moreover, its vast utility and transmission network handles 20% of the natural gas consumed in the United States. The company's toll-road business model generates highly predictable cash flows, supporting an attractive dividend yield of roughly 5.6%. For income-focused investors, the combination of essential operational volume and reliable capital return creates a defensive cushion during volatile market cycles.
The company's defensive moat goes into cross-border trade and regional security. As Cramer pointed out, imposing punitive tariffs on Canadian energy imports would amount to severe economic self-harm for the United States, given the deep interdependence of North American energy grids.
Even with steady toll revenues, Enbridge Inc. (NYSE:ENB) carries a heavy debt load that comes with the territory of running massive pipeline networks, with long-term debt sitting at approximately C$104 billion. Because building and maintaining energy infrastructure requires heavy borrowing, higher interest rates hit financing costs, which can occasionally weigh on income-seeking investors.

#enbridge #natural #Iran #America

VICTORIA, British Columbia (AP) — Kyle Cottam set a PGA Tour Americas record Saturday when he holed out from 108 yards for eagle on the 16th hole on his way to a 12-under 58 in the Digital Commerce Group Open.
It was the second straight year for a sub-60 round at Uplands Golf Club. A.J. Ewart shot 59 a year ago in the Victoria Open.
Cottam had six birdies in a seven-hole stretch for a 29 on the front nine, and he played the final four holes in 4 under with the eagle on the 16th He got up-and-down for par from just off the green on the 18th hole.
"I was absolutely surprised," Cottam said. "Obviously, you don't wake up in the morning and think you're going to shoot 58."
Cottam had the sixth sub-60 round on the PGA Tour Americas since 2024. There were two sub-60 rounds on the Canadian Tour, including a 58 by Jason Bohn in 2001.

#hole

Roberto Mancini was in the stands at the Stade Jean-Bouin to monitor the progress of two potential Italy internationals as Paris FC hosted Lyon.
According to L'Équipe, the Italy boss travelled to the French capital specifically to watch defender Diego Coppola and forward Luca Koleosho, both of whom started for the hosts. The pair have been capped twice each at senior level for the Azzurri.
CREMONA, ITALY – OCTOBER 14: Luca Koleosho in action during the UEFA Euro U21 Qualification match at Stadio Giovanni Zini on October 14, 2025 (Photo by Marco M. Mantovani/Getty Images)
Paris FC now carry a distinctly Italian flavour after Coppola arrived permanently from Brighton this summer, while Koleosho completed his own switch from Burnley, having spent the second half of last season on loan at the club. Ciro Immobile was also on the books up until his retirement in the summer.
Koleosho, born in Norwalk, Connecticut, to a Nigerian father and an Italian-Canadian mother, is eligible for the United States, Canada and Nigeria but has committed to Italy, whom he first represented at senior level in June.

#luca #october #whom

GANDER, Newfoundland (AP) — Standing in the town that sheltered thousands of stranded Americans after the Sept. 11 attacks, former Canadian Prime Minister Jean Chrétien marked the 25th anniversary Friday with a pointed message for the United States: "Never mistake our generosity for weakness."
The 92-year-old former leader, who was prime minister at the time of the attacks, drew a standing ovation after telling his "American friends" that Canadians may be tolerant and kind but "we bow to no one." U.S. Ambassador to Canada Pete Hoekstra rose afterward and hugged him.
"I say that not in anger, but as one friend to another," Chrétien said. "Friends need to be honest with each other."
The unusually blunt remarks came during a solemn ceremony honoring the nearly 3,000 people killed in New York, at the Pentagon and aboard Flight 93, and remembering Gander's extraordinary response to the attacks.
Gander, Newfoundland opened its arms to nearly 6,600 airline passengers diverted there when the U.S. government shut down airspace during 9/11.

#attacks #former #tien #nearly

Frances Tiafoe is back in the US Open semifinals for his third time tonight. He's seeking his first finals appearance, as is fellow American Ben Shelton, his opponent who took down Carlos Alcaraz in the quarterfinals.
The world No. 12, Tiafoe is seeking his first Grand Slam singles ******* le. The 28-year-old defeated Daniil Medvedev and Alex Michelsen in the last two rounds to reach this point. Tiafoe is 1-3 all-time against Shelton, so evening up their head-to-head series will be significant in more ways than one.
As Tiafoe prepares for a monumental match, here's a look at his relationship with girlfriend Ayan Broomfield.
Broomfield, 29, is a Canadian tennis player who played collegiately at Clemson and UCLA. She and Tiafoe went public with their relationship in 2018, and since then Broomfield has been a fixture at Tiafoe's matches.

#time #seeking #head

A Miami-area man filed a lawsuit accusing a Canadian heiress and her husband, a former reality TV personality, of borrowing $2 million and failing to repay it.
Named in the suit are Brendan Fitzpatrick, 38, who appeared on Rich Kids of Beverly Hills, and Chloe de Serigny, 31, the granddaughter of late financier Paul Desmarais, according to the Daily Mail.
In the federal complaint, Max Jan Fowles-Pazdro, 46, says Fitzpatrick convinced him in January 2025 to put up a $2 million bridge loan for a real estate project in the United Kingdom.
"Following repeated and increasingly desperate pleas from [Fitzpatrick] — [Fowles-Pazdro's] then-close friend — [Fowles-Pazdro] dug into his and his wife's life savings and funded a $2 million bridge loan that Brendan promised to begin repaying within six weeks," the filing stated, per the Daily Mail. "Two years have since elapsed — and not a penny of the loan has been repaid. With their nest egg gone, [Fowles-Pazdro] and his wife now teeter on financial ruin."
The suit also says the couple has continued to present an image of affluence, pointing to social media photos of them on a yacht in the Mediterranean.

#fitzpatrick

Today is the day of the first on-ice activity for the Colorado Avalanche in the 2026-27 season. A group of 25 rookies are gathering at Family Sports Center at 9:00 a.m. for a one-day practice before they head off to San Jose, Calif. for the annual rookie tournament.
Late last week the roster was announced which features almost as many defensemen (8) as forwards (13). The only two players with NHL experience expected to attend are forwards Nikita Prishchepov and Taylor Makar, though several others on this list could see their NHL debut soon. All eyes will be on goaltender Ilya Nabokov and forward TJ Hughes who might even make an impact on the Avalanche this year.
It's nice to see five of the nine members of the 2026 Avalanche draft class in attendance including including forwards Beckett Hamilton and Shawn Carrier, defenseman Ondrej Ruml and goaltenders Alexandre Raymond and Tobias Tvrznik,
Those prospects playing in the NCAA or Europe this season are not listed and were not expected to attend rookie camp or Avalanche training camp. However, it is curious the class headliner, 43rd overall Egor Shilov is missing especially since he has chosen to spend one more year in the QMJHL with Victoriaville. But, there is a clue from those who cover the Canadian junior leagues that ongoing visa issues are to blame.
Translated from Quebec journalist Matthew Vachon this reads:

#expected #attend

PORTLAND, Ore. (KOIN) -- A week and a half ago, McMinnville's Logan Mendonca made the finals in his classification at the Junior Pan Am Karate Championships for the third straight time.
Thankfully for him, the old adage of the third time's the charm came true.
"It was my last time at this junior tournament, and it was really good to end it on a high note," said the high school senior.
Mendonca secured the lone point of the match against his Canadian opponent with only three seconds left.
Logan Mendonca

#logan #portland #koin

Frances Tiafoe's career has made him one of the most recognisable American names in tennis, but there is also a familiar face who has been alongside him throughout much of his journey.
Tiafoe has been dating Canadian former professional tennis player Ayan Broomfield since 2015, with the pair having been together for more than a decade.
As Tiafoe prepares to face fellow American Ben Shelton in the US Open semi-final at Arthur Ashe Stadium, attention is once again turning to the people closest to the tennis star.
Photo by Thomas F. Starke/Getty Images
Broomfield grew up in the Toronto region and developed her career in tennis from a young age before taking the college route at UCLA.

#tiafoe

Copper prices (HG=F) hit new highs on Tuesday as investors anticipated near-term supply tightenings and escalating tariffs.
Futures on the Comex exchange in New York traded near $6.85 a pound, while copper on the London Metal Exchange touched $14,617 a metric ton to hit a second intraday record in a row.
Copper prices are up 21% year to date. Copper Miners (COPX) have also rallied 32% during the same period, according to Yahoo Finance's AlphaSpace data.
US buyers have been snapping up more of the commodity in expectation of higher tariffs. The energy transition and AI build-out are also sucking up supply.
On Tuesday, Canada increased levies on certain US imports to 50%, including certain US-made copper products, in response to American tariffs on Canadian products.

#products #futures

The pair have both been sidelined in recent weeks, missing the victories over Aberdeen and St Mirren, while Hogh also sat out the earlier win against Falkirk.
There had been concerns among the Celtic support that both players could be facing more significant spells on the sidelines, but those fears have eased after Tierney and Hogh were pictured back in training on Tuesday.
It remains to be seen whether either will be ready to start at McDiarmid Park, although Martin O'Neill will hope they can play some part against the Perth side.
Alistair Johnston was also back out on the grass as he continues his rehabilitation from a hamstring injury, although the Canadian is expected to require more time before making his competitive return.
In Hogh's absence, summer signing Camilo Duran has operated through the middle and continued his impressive start to life at Celtic.

#celtic #aberdeen

General Motors Company (NYSE:GM) reached a tentative three-year labor deal with Unifor that Canadian workers ratified on August 29 and 30, securing more than C$1 billion ($791 million) in new and previously announced investment across Ontario, covering over 4,600 workers.
GM will spend C$144 million to bring next-generation Heavy-Duty GMC Sierra production to Oshawa, adding to a previously committed C$343 million there. At St. Catharines, GM will invest C$215 million in a new transmission program starting late 2029, on top of a previously announced C$691 million for V8 engine production. GM also pledged not to immediately sell or close its CAMI plant in Ingersoll while it studies alternatives, including possible defense work if it lands a Canadian Armed Forces contract. The deal lands as Canada's auto sector faces 25% U.S. tariffs, with Trump threatening to double that to 50% on January 1, 2027, and U.S. and Canada trade talks still stalled.
General Motors Company (NYSE:GM) enters this deal from a position of financial strength. GM beat second-quarter expectations with adjusted earnings per share of $3.57 versus the $3.18 estimate and revenue of $48 billion versus the $46.99 billion forecast. The company also raised its full-year guidance for the second time this year, while adjusted automotive free cash flow reached $5 billion, up $2.2 billion year over year. That cash generation gives GM room to fund its Canadian commitments without putting significant pressure on its balance sheet.
The tariff environment has also become more favorable for GM. After the Supreme Court invalidated tariffs imposed under emergency powers, GM lowered its full-year gross tariff-cost estimate to $2.5 billion-$3.5 billion from $3 billion-$4 billion. Protecting Canadian production now could reduce the risk of costly disruptions as GM adjusts its North American manufacturing footprint and responds to changing trade policies.
The agreement also protects GM's pickup and SUV business, which generates some of the company's highest margins. CEO Mary Barra said North American demand remains strong for these vehicles, while the return of Heavy-Duty Sierra production to Oshawa will give GM additional North American capacity for a key product line. Producing more trucks within the region could also help GM reduce its exposure to cross-border tariff costs.

#million

The way that we dress often reflects how we feel – and vice versa, what we wear can impact our mood, too. It's why we often turn to jogging bottoms and hoodies when we're depressed, or dressing fabulously when we're happy. Indeed, many of us dress for how we want to feel, with the dopamine-inducing effects of clothes becoming a popular sartorial philosophy. This is certainly the case for 58-year-old Canadian singer Celine Dion, who has debuted a series of frivolous and fun looks ahead of her comeback concert on September 12.
Celine Dion chats with fans as she leaves her apartment before heading to rehearsals for her Paris concerts - Didier Ferey/Shutterstock
The singer – known for hit Nineties power ballads including My Heart Will Go On and It's All Coming Back To Me – will perform 10 shows over five weeks at the Paris La Défense Arena, after taking a six-year break due to ill health. She suffers from a rare neurological condition, Stiff Person Syndrome, which causes stiff muscles in the arms, legs and torso, and can be extremely painful. At one point, the syndrome made it difficult for Dion to sing.
Following years of treatment, Dion is now ready to perform again. And her attitude to fashion proves it, as she's showcased a variety of different sartorial personalities in the run up – from tailoring with jeans, to the classic "little black dress".
Dion wore a chic Alaïa trench coat and cut-out books to greet fans as she arrived in Paris - Marc Piasecki/GC Images

#often #feel

Bank of Nova Scotia (NYSE: BNS) is offering investors a nearly 3.5% yield. The average bank's yield is around 2.2%, and the S&P 500 index (SNPINDEX: ^GSPC) has a tiny 1% yield. If you are looking for a high-yield bank stock, Scotiabank, as it is more commonly known, is probably worth a close look. But the real dividend story is about consistency. Here's what you need to know.
Recently, Scotiabank made a major change in its business. For a long time, the Canadian bank had skipped the U.S. market, focusing instead on Central and South America. That differentiated it from its large Canadian peers, which had focused on growth in the U.S. Scotiabank's plans didn't work out as well as hoped, so it shifted gears. Now, like its peers, it is increasing its focus on the U.S., with a goal of offering its services from Mexico to Canada. Those three countries are contiguous and important trading partners.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
What's notable is that Scotiabank has made this shift without resorting to a dividend cut. In fact, the biggest impact that dividend investors felt was a one-year pause in dividend increases. When you look at the company's history, however, that makes total sense. Scotiabank has paid dividends every year since 1833, over 190 years ago. And, unlike many of the largest U.S. banks, it also didn't cut its dividend during the Great Recession.
Scotiabank's efforts to grow in the U.S. market will likely be a net positive, but the real story here isn't about growth. This is a slow-and-steady business that will help you build wealth over time. Dividend reinvestment would allow for powerful compounding, given the above-average yield and incredible dividend history. The real story, then, is consistency, which is powered by the bank's Canadian operations.

#Dividend #time

On August 5, Primerica (NYSE:PRI) reported second-quarter results that read as two different companies bolted together. Net income climbed 13% to $202 million, and earnings per diluted share jumped 19% to $6.45, pushing return on stockholders' equity to 32.1%. Total revenue reached $865 million, up 9% from a year earlier. But those headline figures obscure a split story. The investment arm is sprinting to record highs while the life insurance sales force is quietly getting smaller. Here is what is actually moving the numbers.
Investment and savings product sales hit a record $4.4 billion in the quarter, up 23% from a year ago, while client ***** et values ended the period at an all-time high of $140 billion, up 16%. Net inflows added another $397 million. That growth translated directly into profit. ISP segment revenue rose 21% to $361 million, and pretax income jumped 31% to $104 million, meaning the segment's margin expanded even as it grew. The reason: ***** et-based commission revenue climbed 28%, outpacing the 19% rise in average client ***** ets, thanks to a shift toward higher-margin US managed accounts and Canadian mutual funds.
Primerica also returned $172 million to shareholders in the quarter through $135 million in buybacks and roughly $37 million in dividends, bringing year-to-date capital returns to $352 million. Its effective tax rate improved to 21.7% from 23.9% a year earlier, and its life insurer's statutory risk-based capital ratio stood at approximately 440%, a cushion most insurers would envy.
The company's distribution engine tells a rougher story. The life-licensed sales force fell 3% year over year to 148,612 representatives. Recruiting rose 2% to 82,346 recruits, but far fewer of them actually got licensed: new life-licensed representatives dropped 15% to 11,020. That gap between recruiting and licensing shows up directly in output. The company issued 78,904 life insurance policies, down 12%, with total face amount issued falling 8% to $27.7 billion.
Term Life revenue was roughly flat at $444 million even as adjusted direct premiums rose 3%, and segment pretax income fell 4% to $148 million. Part of that came from cost creep rather than claims: the benefits and claims ratio held steady at 57.9%, but the insurance expense ratio rose to 8.4% from 7.6% a year earlier, eating into a segment that is supposed to be Primerica's stable, predictable cash generator.

#million #year #rose #sales

Carisa Hendrix, the Canadian-born comedian, magician and variety artist, has a business mind as unusual as her career origin story.
It's a story that took Hendrix from performing at haunted houses for $50 a night as a teenager to building a global touring business around Lucy Darling, an original character she introduced at the Melbourne Magic Festival in 2017.
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#podcast #darling

When the Los Angeles Clippers dealt a 20-year-old Shai Gilgeous-Alexander to the Oklahoma City Thunder, the move seemed like the ultimate push to put the Clippers in championship contention.
Yes, the Clippers gave up a haul of future picks, but they formed their dream star duo of Paul George and Kawhi Leonard. As much promise as Gilgeous-Alexander showed in his lone season in L.A., the Clippers wanted to win now. To them, making a deal involving trading SGA gave them the best chance to do that.
Though Gilgeous-Alexander was initially distraught at being shipped off to a new team, the move did remarkable wonders for his development. Now, it is clear the deal wasn't a hindrance to SGA's career; it was a blessing in disguise.
Clippers players loved Gilgeous-Alexander in the locker room and bought stock in the Canadian's potential.
Clipper vet Lou Williams grew a bond with SGA and respected his disciplined work ethic for a young player. In just one year, Gilgeous-Alexander left an indelible impression on his teammates.

#alexander #move #gave #deal

On August 5, Primerica (NYSE:PRI) reported second-quarter results that read as two different companies bolted together. Net income climbed 13% to $202 million, and earnings per diluted share jumped 19% to $6.45, pushing return on stockholders' equity to 32.1%. Total revenue reached $865 million, up 9% from a year earlier. But those headline figures obscure a split story. The investment arm is sprinting to record highs while the life insurance sales force is quietly getting smaller. Here is what is actually moving the numbers.
Investment and savings product sales hit a record $4.4 billion in the quarter, up 23% from a year ago, while client ****** et values ended the period at an all-time high of $140 billion, up 16%. Net inflows added another $397 million. That growth translated directly into profit. ISP segment revenue rose 21% to $361 million, and pretax income jumped 31% to $104 million, meaning the segment's margin expanded even as it grew. The reason: ****** et-based commission revenue climbed 28%, outpacing the 19% rise in average client ****** ets, thanks to a shift toward higher-margin US managed accounts and Canadian mutual funds.
Primerica also returned $172 million to shareholders in the quarter through $135 million in buybacks and roughly $37 million in dividends, bringing year-to-date capital returns to $352 million. Its effective tax rate improved to 21.7% from 23.9% a year earlier, and its life insurer's statutory risk-based capital ratio stood at approximately 440%, a cushion most insurers would envy.
The company's distribution engine tells a rougher story. The life-licensed sales force fell 3% year over year to 148,612 representatives. Recruiting rose 2% to 82,346 recruits, but far fewer of them actually got licensed: new life-licensed representatives dropped 15% to 11,020. That gap between recruiting and licensing shows up directly in output. The company issued 78,904 life insurance policies, down 12%, with total face amount issued falling 8% to $27.7 billion.
Term Life revenue was roughly flat at $444 million even as adjusted direct premiums rose 3%, and segment pretax income fell 4% to $148 million. Part of that came from cost creep rather than claims: the benefits and claims ratio held steady at 57.9%, but the insurance expense ratio rose to 8.4% from 7.6% a year earlier, eating into a segment that is supposed to be Primerica's stable, predictable cash generator.

#sales

Kraken Robotics (OTC: KRKNF) stock has been struggling lately. The company's share price hit a lifetime high of $8.13 per share in March, soon after it was announced that the marine technologies company was acquiring Covelya for 615 million Canadian dollars, but its stock has now lost more than half of its value since hitting that valuation peak.
Valuation multiples for next-generation defense tech companies have generally come down in subsequent trading. Investors are concerned about the potential integration risks with the Covelya acquisition, and the company's recent second-quarter report showed relatively modest growth. As a result, Kraken stock is now trading down roughly 21% year-to-date and 55% from its 2026 high.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Should investors be buying the stock in September?
Kraken Robotic is a leading provider of subsea batteries for uncrewed underwater vehicles (UUVs), synthetic aperture sonar (SAS) for ocean-floor mapping, and other subsea intelligence and navigation solutions. Through its acquisition of Covelya, the company has also significantly broadened its product portfolio and expanded its capabilities in positioning, scanning, and overall subsea robotics.

#kraken #subsea

Gabelli Investment Management Firm recently released its "Global Content & Connectivity Fund" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund delivered a strong second quarter of 2026, with its Class I shares gaining 12.88%, more than double the 6.02% return of the MSCI AC World Communication Services Index, though trailing the broader MSCI AC World Index's 15.06% gain. The fund's performance reflected renewed investor interest in AI-related investments, easing tensions in the Middle East, and lower Brent crude prices, with Information Technology gaining 39.2% and Communication Services advancing 6.0% during the quarter. Over the past year, the fund gained 25.50%, compared with 13.06% for its communication-services benchmark and 24.16% for the MSCI AC World Index. Looking ahead, Gabelli remains constructive on the long-term opportunities created by AI adoption, expanding digital infrastructure, connectivity, and the continued growth of content and entertainment, while recognizing that higher interest rates, geopolitical tensions, and the sustainability of AI-related spending could create volatility. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Global Content & Connectivity Fund highlighted stocks like Rogers Communications Inc. (NYSE:RCI). Rogers Communications Inc. (NYSE:RCI) is a Canadian communications and media company with major wireless, cable, sports, and regional media businesses. The one-month return of Rogers Communications Inc. (NYSE:RCI) was 8.38% while its shares traded between $31.38 and $41.14 over the last 52 weeks. On September 3, 2026, Rogers Communications Inc. (NYSE:RCI) stock closed at approximately $38.00 per share, with a market capitalization of about $20.27 billion.
Global Content & Connectivity Fund stated the following regarding Rogers Communications Inc. (NYSE:RCI) in its Q2 2026 investor letter:
Rogers Communications Inc. (NYSE:RCI) (3.2%) (RCI – $32.50 – NYSE) owns the largest wireless operator and the largest cable MSO in Canada as well as a media business with a focus on sports and regional TV and radio, including ownership of Toronto Blue Jays baseball club and a controlling interest in Maple Leaf Sports & Entertainment (MLSE). In July 2026, Rogers agreed to purchase the remaining 25% stake in MLSE (the owner of the Toronto Maple Leafs, Toronto Raptors, Toronto FC) from Kilmer Sports for C$4.35 billion, which will increase RCI's interest in that entity to 100%. RCI continues focusing on unlocking value from its vast sports portfolio, with next steps likely including combining all sports and media **** ets into a single organization and selling a sizeable minority interest in that entity to institutional investors.

#NYSE

Julia Burch once worried that three inches, or perhaps a few more, could stand between her and the career she wanted.
Standing 5-foot-3, the Canadian creator dreamed of becoming a fashion model and admired stars like Bella Hadid. However, after early conversations with modeling agencies left her discouraged about her height, Burch eventually found another route into the spotlight, one that allowed her to build an audience on her own terms.
Long before social media became her career, Julia Burch had her sights set on the traditional modeling industry.
The creator told The Blast exclusively that she looked up to established models, including Bella Hadid, and wanted the opportunity to follow a similar path. Her height, however, quickly became a source of concern as she began exploring the industry.
At 5-foot-3, Burch found herself confronting expectations that made her question whether the career she imagined was even possible.

#bella #hadid #however #modeling

OTTAWA, Sept 3 (Reuters) - Canadian Prime Minister Mark Carney said on Thursday his government was ready to sign a trade deal ‌with the U.S. that benefits both countries, adding any agreement would ‌need to have stability and credibility.
"The deal that's possible, that's in the interests of Canadian workers, families and businesses, is also the deal that is in the interests of American families, American businesses, American consumers, and ... we're ready to sit down and strike that deal when the Americans are ready," Carney told reporters ‌in Thunder Bay, Ontario.
Carney ⁠dismissed recent comments by U.S. Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent that Canada walked away from a ⁠trade deal because of domestic politics, saying in response to a question, "I don't think, with all respect, appointed, unelected cabinet members in the United States are experts on Canadian politics."
Carney suggested there had been a recent softening in the ‌U.S. approach to any trade deal that could spur further discussions.
"There were a few issues that the United States was arguing right up to the last hour," he said, describing it as an "our way or the highway" attitude before talks broke down last month. "Now, they're not," he said. "So all of ‌a sudden, they don't care about Canadian language or culture and those elements. Well, if they didn't care, they shouldn't have kept them in the deal," Carney said. "It's good. ‌We welcome that."

#carney #canadian #ready #interests

Binance co-founder and Canadian billionaire Changpeng Zhao (CZ) says that capital is starting to return to the cryptocurrency market.
CZ says that capital that had been directed towards artificial intelligence (A.I.) in recent months is beginning to return to the crypto sector, helping to boost prices.
In an interview, CZ said that the "hot money" that had been flowing into A.I. stocks is now being shifted to crypto such as Bitcoin (CRYPTO: $BTC) and related exchange-traded funds (ETFs).
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#Crypto #etfs #cryptoprowl

The Euro rose quite a bit in early trading on Thursday, but with the jobs report coming out, I'm watching the 1.1640 level. That was where we had seen that massive sell-off. I'm looking for signs of exhaustion to short this. Now, I don't want to get married to this position. This is not going to be a long-term position by any stretch of the imagination, but I think it's difficult to imagine a market that's just truly going to fly ahead of that Nonfarm Payroll announcement. It could, obviously, but I'm looking for signs of exhaustion to start shorting.
The dollar against the Canadian dollar has fallen pretty significantly over the last couple of days, but we have a gap down here at 1.3780 that I'm watching very closely. If we get a bounce from here, I'm willing to go long. Now, keep in mind both of these countries produce their jobs report at the same time on Friday morning, so I'll be out of this position no matter what it does before then.
With that being said, as long as we get some type of bounce, I'm willing to play that V-shaped pattern here as the interest rate differential continues to favor the United States despite the fact that rates have dropped a little bit early in the session.
Finally, the USD/CHF pair. This is one I've been long for a very long time. It is falling apart. Again, like the Euro, I'm kind of watching to see a little bit of exhaustion somewhere right around the 0.8050 level. I'll be watching to see if we get a bounce. That's a place I could go long. But again, I don't want to be in the dollar when the Nonfarm Payroll announcement comes out. So all of these will be very short-term trades at best.
If you'd like to know more about how to trade forex, please visit our educational area.

#position #euro

Akshay Sapra lost more than 350,000 Canadian dollars — roughly $250,000 — in about a week of day trading ******* eX. But he's planning to keep trading. "The highs are too good," he said.
The way he sees it, his errors are emotional, impulsive trades, and his fix is to post every trade he makes on a stream or YouTube channel, so an audience can stop him.
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#sapra #jeff #dave

Shell has completed its acquisition of Canadian oil and gas producer ARC Resources, significantly expanding the supermajor's position in the prolific Montney basin of British Columbia and Alberta.
The transaction has an updated enterprise value of approximately $16.5 billion, including $2.5 billion of net debt and leases. ARC shareholders receive C$8.20 in cash and 0.40247 Shell shares for each ARC share, according to Shell.
The acquisition immediately adds around 370,000 barrels of oil equivalent per day of natural gas and liquids production to Shell's portfolio and more than 1.5 million net acres in the Montney. At the end of 2025, ARC held around 2 billion boe of proved and probable reserves.
The deal also strengthens Shell's Canadian LNG strategy. ARC's gas resources sit close to Shell's existing Montney operations, while Shell owns a 40% interest in LNG Canada. ARC previously said its undeveloped gas properties could help Shell extract additional value through its integrated LNG business, including a potential second phase of LNG Canada.
Shell expects the acquisition to lift production growth across its Integrated Gas and Upstream businesses to around 4% annually through 2030, compared with 2025. The company expects double-digit returns and says the deal should boost free cash flow per share beginning in 2027.

#acquisition #canadian #resources