Factbox-Big banks stand strong against Fed’s commercial real estate gloom
By Michelle Price WASHINGTON (Reuters) – Big U.S. banks’ commercial real estate portfolios put in a surprisingly good performance during…
Business
BlackBerry reports surprise profit on cybersecurity strength
(Reuters) – BlackBerry posted a surprise profit for the first quarter on Wednesday as its cybersecurity business benefited from higher…
Virgin Galactic set to launch its first commercial rocket plane spaceflight
By Jose Luis Gonzalez and Steve Gorman TRUTH OR CONSEQUENCES, New Mexico (Reuters) – A three-man crew from Italy is…
Canadian Broadcasting Corp must face WE Charity defamation lawsuit, U.S. court rules
By Jack Queen (Reuters) – The Canadian Broadcasting Corporation (CBC) must face a defamation lawsuit by a U.S. charity alleging…
Exclusive-Nissan installed camera to monitor No. 2’s home, sources say
By Daniel Leussink and Norihiko Shirouzu (Reuters) – Nissan installed a camera surveillance system at the home of former executive…
Marketmind: Cold reality of ‘higher for longer’ sets in
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Nvidia sees permanent loss of opportunities from China export curbs
(Reuters) -Nvidia’s financial chief said restrictions on exports of artificial intelligence chips to China “would result in a permanent loss…
Apple stock hits record, on cusp of $3 trillion market value
By Akash Sriram and Noel Randewich (Reuters) -Apple’s stock climbed to a record high close on Wednesday and was on…
Arcline tops KKR’s offer for Circor as bidding war intensifies
(Reuters) -Private equity firm Arcline Investment Management proposed to buy Circor International for $1.8 billion including debt on Wednesday, topping…
US Teamsters demand final contract offer from UPS
By Lisa Baertlein LOS ANGELES (Reuters) – The union representing roughly 340,000 U.S. drivers, package handlers and loaders at United…