US will depend on Canadian oil, regardless of Trump’s feedback, Cenovus CEO says

US will depend on Canadian oil, regardless of Trump’s feedback, Cenovus CEO says

The U.S. relies on Canadian oil imports, despite comments to the contrary by U.S. President Donald Trump, the CEO of Cenovus Energy told the Global Energy Conference in Calgary on Tuesday. Trump has threatened on-again, off-again tariffs on Canada’s oil, of which nearly 4 million barrels per day are exported to the United States. Canada … Read more

Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says

Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says

Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025.  Gonzalo Fuentes | Reuters Meta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, founder and CEO … Read more

Crypto CEO linked to Russia accused of laundering $500 million

Crypto CEO linked to Russia accused of laundering 0 million

Signage is seen at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020. Andrew Kelly | Reuters Federal prosecutors in Brooklyn have charged the founder of a U.S.-based cryptocurrency payments firm with operating what they allege was a sophisticated international money laundering scheme that moved over half a billion dollars on … Read more

CEO recession expectations decline from April scare, survey says

CEO recession expectations decline from April scare, survey says

Alexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked in the aftermath of President Donald Trump’s tariff announcement, according to data released Monday. Less than 30% of CEOs forecast either a mild or severe recession over the next six months, per Chief Executive Group’s … Read more