By Rod Nickel and Steve Scherer OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau’s top aide on Friday refused to say when Trudeau first learned about allegations that China tampered with recent elections, citing security concerns. Canadian authorities have started several investigations into the allegations of interference in Canada’s 2019 and 2021 elections, accusations that…
By Hannah Lang, Chris Prentice and Ann Saphir (Reuters) – The Federal Reserve’s Board of Governors on Friday said it has approved UBS Group AG’s acquisition of the U.S. subsidiaries of Credit Suisse, clearing another major hurdle for the completion of the Swiss-brokered rescue deal. UBS has committed to give the U.S. central bank…
By Caroline Valetkevitch NEW YORK (Reuters) – As quarterly U.S. earnings got under way with upbeat reports from JPMorgan Chase & Co and other major banks Friday, analysts marginally brightened their dim outlook for first-quarter U.S. results compared with a week ago. Based on actual results from 30 of the S&P 500 companies and estimates…
By Graham Fahy and Steve Holland BALLINA, Ireland (Reuters) -U.S. President Joe Biden gave a rousing campaign-style speech to an exuberant crowd in his ancestral home town in the west of Ireland on Friday to wrap up a nostalgic three-day state visit ahead of what is expected to be a gruelling 2024 re-election bid. Biden…
(Reuters) -Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. Twitter-owner Musk is assembling a team of AI researchers and engineers, according to the FT report, and is also in discussions with some investors in SpaceX…
By Gram Slattery MANCHESTER, N.H. (Reuters) – On issues of policy, Tim Scott, the latest Republican to declare he is interested in a 2024 presidential bid, runs largely with the current, following the party line on hot button matters from abortion to immigration. On issues of style, however, the only Black Republican in the U.S….
By Alexandra Ulmer INDIANAPOLIS, Indiana (Reuters) – Former Vice President Mike Pence was booed at a gathering of the country’s largest gun rights lobby on Friday even as he sought to present himself as a more ardent defender of gun rights than his former boss Donald Trump. Trump, meanwhile, used the same forum on Friday…
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s steering committee on Friday said it would accelerate its discussions on quota reforms at the global lender with an eye to making “considerable progress” by its next meeting in October. Spanish Economy Minister Nadia Calvino, who chairs the International Monetary and Financial Committee…
(Reuters) -Deposits at U.S. commercial banks rose in early April in a renewed sign of confidence in the banking sector after massive deposit outflows following last month’s failure of two large regional banks. Federal Reserve data released on Friday showed deposits at all commercial banks rose to $17.43 trillion in the week ended April 5,…
By Blake Brittain and Andrew Goudsward (Reuters) -A federal appeals judge in Washington is under investigation by her own court for allegedly failing to carry out her duties and refusing to respond to other judges’ concerns, court officials at the U.S. Court of Appeals for the Federal Circuit said on Friday. An order signed by…
