International Business - The Globe and Mail

Elon Musk, insiders to retain voting control of SpaceX after IPO, filing shows

Company plans to grant found and small group of insiders super-voting shares that will outweigh other investors

FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the SpaceX Hyperloop Pod Competition II in Hawthorne, California, U.S., August 27, 2017. REUTERS/Mike Blake/File Photo

FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the SpaceX Hyperloop Pod Competition II in Hawthorne, California, U.S., August 27, 2017. REUTERS/Mike Blake/File Photo

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FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the SpaceX Hyperloop Pod Competition II in Hawthorne, California, U.S., August 27, 2017. REUTERS/Mike Blake/File Photo

FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the SpaceX Hyperloop Pod Competition II in Hawthorne, California, U.S., August 27, 2017. REUTERS/Mike Blake/File Photo

Elon Musk, insiders to retain voting control of SpaceX after IPO, filing shows

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44 minutes ago

People work on the floor at the New York Stock Exchange in New York, Monday, April 13, 2026. (AP Photo/Seth Wenig)

People work on the floor at the New York Stock Exchange in New York, Monday, April 13, 2026. (AP Photo/Seth Wenig)

Alternative asset managers brace for investor test over AI, redemptions

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A gas station attendant fills a customer's tank at a gas station on Friday, April 17, 2026, in Portland, Ore. (AP Photo/Jenny Kane)

A gas station attendant fills a customer's tank at a gas station on Friday, April 17, 2026, in Portland, Ore. (AP Photo/Jenny Kane)

U.S. retail sales surge 1.7% in March on higher gasoline prices

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FILE - Protesters who have lost love ones to the opioid crisis protest outside a courthouse in Boston, Aug. 2, 2019, where a judge heard arguments in a lawsuit against Purdue Pharma. (AP Photo/Charles Krupa, File)

FILE - Protesters who have lost love ones to the opioid crisis protest outside a courthouse in Boston, Aug. 2, 2019, where a judge heard arguments in a lawsuit against Purdue Pharma. (AP Photo/Charles Krupa, File)

Purdue Pharma to be sentenced in criminal opioids case

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Japan’s Nippon Express buying Montreal-based Metro Supply Chain Group

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Signage on the Equifax Inc. offices in Atlanta is seen July 21, 2012. Equifax Canada says new data suggests a significant shift in credit usage among businesses in the first quarter of 2023. THE CANADIAN PRESS/AP-Mike Stewart

Signage on the Equifax Inc. offices in Atlanta is seen July 21, 2012. Equifax Canada says new data suggests a significant shift in credit usage among businesses in the first quarter of 2023. THE CANADIAN PRESS/AP-Mike Stewart

Equifax profit jumps on U.S. mortgage strength, maintains revenue outlook

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FILE PHOTO: John Ternus, Vice President, Mac and iPad Hardware Engineering speaks during Apple's annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. REUTERS/Stephen Lam/File Photo

FILE PHOTO: John Ternus, Vice President, Mac and iPad Hardware Engineering speaks during Apple's annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. REUTERS/Stephen Lam/File Photo

Apple’s post-Cook future hinges on whether CEO John Ternus can ignite AI growth

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FILE - Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London, Dec., 11, 2014. (AP Photo/Alastair Grant, Pool, File)

FILE - Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London, Dec., 11, 2014. (AP Photo/Alastair Grant, Pool, File)

U.S. Federal Reserve nominee Kevin Warsh to face tough hearing before Senate panel

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Employees work on the body of a BMW 3 Series car during a media tour at the new plant of German automaker BMW in San Luis Potosi, Mexico June 6, 2019. REUTERS/Josue Gonzalez

Employees work on the body of a BMW 3 Series car during a media tour at the new plant of German automaker BMW in San Luis Potosi, Mexico June 6, 2019. REUTERS/Josue Gonzalez

Mexican companies are warned Trump tariffs will remain in place after USMCA review, sources say

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UnitedHealth’s quarterly profit beats estimates

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Yesterday

FILE - Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London, Dec., 11, 2014. (AP Photo/Alastair Grant, Pool, File)

FILE - Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London, Dec., 11, 2014. (AP Photo/Alastair Grant, Pool, File)

Trump’s pick for Fed chair set to defend central bank’s independence on rate setting

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Yesterday

Dock workers offload shipping containers at Port Everglades in Florida on Monday. More than 300,000 American importers are reportedly owed about US$166-billion in refunds plus interest.

Dock workers offload shipping containers at Port Everglades in Florida on Monday. More than 300,000 American importers are reportedly owed about US$166-billion in refunds plus interest.

Thousands of companies file claims as U.S. tariff refund system launches

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Yesterday

An Amazon delivery driver carries packages during an unseasonably hot day on Thursday, Mar. 12, 2026 in Los Angeles. (AP Photo/Ryan Sun)

An Amazon delivery driver carries packages during an unseasonably hot day on Thursday, Mar. 12, 2026 in Los Angeles. (AP Photo/Ryan Sun)

Amazon’s collusion with merchants drove up prices, California Attorney-General says

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Yesterday

The facade of the New York Stock Exchange (NYSE) is pictured before the closing bell in New York City on April 8, 2026. Wall Street stocks surged, joining a global equity rally after the US-Iran truce sent oil prices sharply lower. The Dow Jones Industrial Average finished at 47,909.92, rising more than 1,300 points or 2.9 percent. The broad-based S&P 500 jumped 2.5 percent to 6,782.81, while the tech-rich Nasdaq Composite Index advanced 2.8 percent to 22,634.99. (Photo by CHARLY TRIBALLEAU / AFP via Getty Images)

The facade of the New York Stock Exchange (NYSE) is pictured before the closing bell in New York City on April 8, 2026. Wall Street stocks surged, joining a global equity rally after the US-Iran truce sent oil prices sharply lower. The Dow Jones Industrial Average finished at 47,909.92, rising more than 1,300 points or 2.9 percent. The broad-based S&P 500 jumped 2.5 percent to 6,782.81, while the tech-rich Nasdaq Composite Index advanced 2.8 percent to 22,634.99. (Photo by CHARLY TRIBALLEAU / AFP via Getty Images)

Sandwich chain Jersey Mike’s confidentially files for U.S. IPO

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Yesterday

Prime Minister Mark Carney greets Brazilian President Luiz Inacio Lula da Silva at the G7 Summit in Kananaskis, Alta., on Tuesday, June 17, 2025. THE CANADIAN PRESS/Adrian Wyld

Prime Minister Mark Carney greets Brazilian President Luiz Inacio Lula da Silva at the G7 Summit in Kananaskis, Alta., on Tuesday, June 17, 2025. THE CANADIAN PRESS/Adrian Wyld

Canada, Mercosur on track to sign free-trade deal by year-end, Brazilian official says

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Yesterday

Regulators monitor Anthropic’s Mythos for banking risks

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April 17, 2026

A motorist fills up the gas tank at a Shell gas station in Lincolnshire, Ill., Wednesday, April 15, 2026. (AP Photo/Nam Y. Huh)

A motorist fills up the gas tank at a Shell gas station in Lincolnshire, Ill., Wednesday, April 15, 2026. (AP Photo/Nam Y. Huh)

European oil majors outshine U.S. rivals by trading on energy volatility during Iran war

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April 17, 2026

France's President Emmanuel Macron, left, welcomes British Prime Minister Keir Starmer prior to an international summit to push forward efforts to reopen the Strait of Hormuz, at the Elysee Palace, in Paris, France, Friday, April 17, 2026. (AP Photo/Michel Euler)

France's President Emmanuel Macron, left, welcomes British Prime Minister Keir Starmer prior to an international summit to push forward efforts to reopen the Strait of Hormuz, at the Elysee Palace, in Paris, France, Friday, April 17, 2026. (AP Photo/Michel Euler)

France, England hold international summit on reopening the Strait of Hormuz

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April 17, 2026

FILE PHOTO: Australian dollars are seen in an illustration photo February 8, 2018. REUTERS/Daniel Munoz/File Photo

FILE PHOTO: Australian dollars are seen in an illustration photo February 8, 2018. REUTERS/Daniel Munoz/File Photo

As commodities reshape geopolitics, currency pecking order gets a reset

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April 17, 2026

FILE PHOTO: CEO Jason Cheung of toy manufacturer Huntar Company Inc poses amongst partially empty shelves at the U.S. office in Union City, California, U.S. May 8, 2025. REUTERS/Brittany Hosea-Small/File Photo

FILE PHOTO: CEO Jason Cheung of toy manufacturer Huntar Company Inc poses amongst partially empty shelves at the U.S. office in Union City, California, U.S. May 8, 2025. REUTERS/Brittany Hosea-Small/File Photo

As U.S prepares to launch tariff claims process, companies worry challenges stand in their way of getting refunds

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