Canada’s BMO, Scotiabank miss profit estimates; shares fall
By Nivedita Balu (Reuters) – Bank of Montreal and Bank of Nova Scotia on Wednesday missed quarterly profit estimates as…
2023
Biden’s nominee for Kansas federal judge post asks to withdraw
By Jacqueline Thomsen WASHINGTON (Reuters) -Jabari Wamble, U.S. President Joe Biden’s pick for a federal judgeship in Kansas, asked on…
Change in tone in U.S. debt talks could prompt rating action before default -Moody’s
By Davide Barbuscia NEW YORK (Reuters) – Rating agency Moody’s expects the U.S. government will continue to pay its debts…
US business borrowing for equipment falls 8% in April- ELFA survey
(Reuters) – U.S. companies borrowed nearly 8% less in April than last year to finance equipment investments, industry body Equipment…
Union Pacific, engineers union reach tentative deal over time off
(Reuters) – Union Pacific Corp and the Brotherhood of Locomotive Engineers and Trainmen on Wednesday reached a tentative deal for…
Amazon beats all 18 shareholder-led proposals at annual meeting
By Arriana McLymore NEW YORK, NY (Reuters) – Amazon.com Inc investors voted against all 18 shareholder-led proposals during the e-commerce…
IMF completes review of Rwanda sustainability loan, enabling $98.6 million disbursement
WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday its executive board completed the first reviews of Rwanda’s loan…
BlackRock prevails over shareholder activists at annual meeting
By Ross Kerber (Reuters) -Top fund manager BlackRock Inc won support from investors at its annual meeting on Wednesday as…
Rapper Fetty Wap sentenced to 6 years in prison for selling cocaine
By Jack Queen (Reuters) – Rapper Fetty Wap was sentenced on Wednesday to six years in prison after pleading guilty…
EU sets out plans to cut the price of financial products
By Huw Jones LONDON (Reuters) -The European Union set out plans on Wednesday to cut how much retail investors pay…