Canadian lender RBC’s CEO says City National will be a ‘net contributor’
By Nivedita Balu TORONTO (Reuters) – Royal Bank of Canada expects its struggling unit in the U.S. to be “a…
2024
Biden to speak with Netanyahu on Thursday, US official says
By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden will speak by phone with Israeli Prime Minister Benjamin Netanyahu on…
Diplomats push for progress on Haiti transition as death toll mounts
By Sarah Morland (Reuters) – Diplomats at a regional Americas body on Wednesday urged Haitian politicians to move forward with…
Moderna shares fall after judge sides with Arbutus in patent fight
(Reuters) -Shares of Moderna fell 4% on Wednesday after a U.S. judge issued an order that strengthened Arbutus’ arguments in…
EV startup Fisker prepares for possible bankruptcy filing, WSJ reports
(Reuters) -Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal…
SpaceX’s third Starship test flight gets FAA green light
By Joey Roulette WASHINGTON (Reuters) – The FAA on Wednesday granted SpaceX a license to test-launch the company’s Starship rocket…
Calm in Haitian capital extends into second day as US, UN withdraw staff
By Harold Isaac PORT-AU-PRINCE (Reuters) -Haiti’s capital was calm on Wednesday, two days after the prime minister said he would…
US homebuilder Lennar beats Q1 profit estimates amid sustained demand for new homes
(Reuters) -Lennar Corp reported first-quarter profits above Wall Street estimates on Wednesday, as historically low existing home supply led to…
Wall Street ends mostly lower as chipmakers ease; inflation data ahead
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in…
Yellen says US aims to ensure domestic EV maker success as China boosts exports
By David Lawder ELIZABETHTOWN, Kentucky (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking…