By David Shepardson WASHINGTON (Reuters) – The U.S. telecom industry opposes the Federal Communications Commission plan to reinstate landmark net neutrality rules that were repealed in 2017 unde[...]
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April 3, 2024
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 net contributor” to Canada’s biggest lender and is bullish about the[...]
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S&P 500, Nasdaq close slightly higher after soft services sector data, Fed comments
By Chibuike Oguh NEW YORK (Reuters) -The S&P 500 and Nasdaq closed higher on Wednesday after data showing the U.S. services industry growth slowed further in March, but the advance was limited aft[...]
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Grupo Gilinski, others got offers for 22.48% of Nutresa-stock exchange
BOGOTA (Reuters) – Grupo Gilinski, Graystone Holdings, Grupo SURA and Grupo Argos got offers for 22.48% of Colombian food producer Grupo Nutresa in a public share offering, the stock exchange sa[...]
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Coach sues Gap for selling ‘Coach’ T-shirts
By Jonathan Stempel (Reuters) – Luxury handbag maker Coach sued Gap on Wednesday, accusing the retailer’s Old Navy unit of illegally selling T-shirts emblazoned with the word “Coach.[...]
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Disney prevails over Peltz, ending bitter board battle
By Dawn Chmielewski, Lisa Richwine and Svea Herbst-Bayliss LOS ANGELES (Reuters) – Walt Disney shareholders backed Chief Executive Bob Iger and other company directors on Wednesday, defeating a[...]
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Trans Mountain’s expanded pipeline system will start operating May 1
(Reuters) – Trans Mountain’s expanded oil pipeline system will start commercial operations on May 1, the Canadian company said on Wednesday. “Trans Mountain anticipates providing ser[...]
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Meta’s WhatsApp back up after global outage
(Reuters) -Meta Platforms-owned WhatsApp was back up on Wednesday after an hours-long outage at the smartphone messaging app disrupted services for thousands of people globally. WhatsApp said in a pos[...]
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BlackBerry reports surprise profit on demand for cybersecurity services
(Reuters) – Canada’s BlackBerry reported a surprise profit for the fourth quarter on Wednesday, helped by higher demand for its cybersecurity services amid growing online crimes and high-p[...]
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