(Reuters) – TD Bank Group CEO Bharat Masrani said he was confident the bank, Canada’s second biggest lender, would resolve issues with regulators that led to the collapse of its planned $13.4 billion acquisition of regional lender First Horizon. Masrani’s comments come after TD last month called off the deal citing lack of clarity on…
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed as consolidating ahead of key inflation data and the Federal Reserve’s interest rate decision next week. The number of Americans filing new…
WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Thursday called on Agriculture Secretary Tom Vilsack to double the number of U.S. personnel available to help fight wildfires raging in Canada and to mitigate the risk to American air quality. The chamber’s top Democrat said he would send a letter to Vilsack laying out…
By David Shepardson (Reuters) -Some flights into the New York City area and Philadelphia on Wednesday were delayed and others briefly halted because of reduced visibility from wildfire smoke from Canada. The Federal Aviation Administration (FAA) was slowing traffic but lifted a groundstop on flights from the upper Midwest and East Coast bound for New…
A look at the day ahead in U.S. and global markets from Mike Dolan Wildfire smoke wasn’t the only cloud from Canada that drifted over the United States this week. The Bank of Canada’s resumption of interest rate rises after a four-month pause blurred the horizon for Federal Reserve policy somewhat too, reminding markets that…
By Tyler Clifford NEW YORK (Reuters) -Schools across the U.S. East Coast canceled outdoor activities, airline traffic slowed and millions of Americans were urged to stay indoors on Wednesday as smoke from Canadian wildfires drifted south, blanketing cities in thick, yellow haze. The U.S. National Weather Service issued air quality alerts for virtually the entire…
By Nia Williams (Reuters) -Wildfires are common in Canada’s western provinces, but this year the eastern provinces of Nova Scotia, Quebec and parts of Ontario are also reeling from out of control wildfires, sending plumes across much of New York and forcing authorities to issue air quality alerts for Toronto and Ottawa. Canada is on…
By Ismail Shakil and David Ljunggren OTTAWA (Reuters) – Hundreds of uncontrolled forest fires blazed across Canada on Wednesday, threatening critical infrastructure, forcing evacuations and sending a blanket of smoky air wafting over U.S. cities. Wildfires are common in Canada’s western provinces, but this year flames have mushroomed rapidly in the country’s east, making it…
By Steve Keating TORONTO (Reuters) – After being hit with a couple of LIV Golf bombshells, COVD-19 and even forest fires, it is doubtful that any PGA Tour event has endured more adversity than the Canadian Open. The world’s third-oldest national open championship the Canadian Open is taking a double hit this week, pushed out…
WASHINGTON (Reuters) – Steve Bannon, a onetime adviser to former President Donald Trump, has been subpoenaed by a federal grand jury in Washington in connection with special counsel Jack Smith’s investigation into the Jan. 6, 2021, attacks on the U.S. Capitol, NBC News reported on Wednesday, citing sources. The subpoena, for documents and testimony, was…