Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeUncategorizedNews of the day: Big Six earnings upset investors, Trump's $250 bill, Ferrari's new EV reveal, homegrown AI chipmakers, Canada Post collective agreement and moreCatch up on the stories we’re following today You can save this article by registering for free here. Or sign-in if you have an account.Many banks had expected provisions for credit loses to improve in the second half of the year, but analysts expected the banks to change that outlook following the war on Iran's economic impact. Photo by Peter J Thompson/PostmediaIt’s Monday, June 1. Here are the top stories we’re following today.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorCanada’s biggest banks comfortably beat analysts’ second-quarter earnings expectations, but their results didn’t do much for their share prices, and two of the Big Six posted notable declines. While speaking to reporters last week, U.S. Secretary of Treasury Scott Bessent held a mock-up of the bill, which featured U.S. President Donald Trump’s most recent official portrait. Photo by Kent Nishimura/AFP via Getty ImagesGet the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againUnited States President Donald Trump has made a career of slapping his name or image on products. Now, the president has seemingly turned his attention to currency.Martin Pelletier isn’t a fan of Ferrari’s launch last week of its first electric vehicle, the Luce, not because of the pivot to electric, but the sense that the EV debut came bundled with a broader identity reset, as if it felt that it needed to become something else in order to move forward. The demand for more efficient artificial intelligence chips is accelerating. Photo by Chris Ratcliffe/Bloomberg filesCanadian investors say interest from founders and funders about building and investing in the homegrown semiconductor industry as the demand for more efficient artificial intelligence chips accelerates could lead to a new wave of startups in the next year or two. Canada Post and the Canadian Union of Postal Workers, which represents 55,000 employees, were in negotiations for two years and finally agreed to new terms just ahead of the holidays in December. Photo by TONY CALDWELL/PostmediaMembers of the union representing workers at Canada Post have voted to accept the tentative agreements reached with the Crown corporation back in December. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.