By Nivedita Balu TORONTO (Reuters) -Royal Bank of Canada filed a countersuit against ousted CFO Nadine Ahn on Friday, detailing findings of its internal investigation into her alleged intimate relatio[...]
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August 19, 2024
Venture capital firms making bets on maternal health
By Amina Niasse NEW YORK (Reuters) – After working as a doula for 10 years, Kortny Feutardo took her first Maryland Medicaid patient in January, providing the new mom with care coordination and[...]
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Exonerated trader resolves lawsuit claiming Deutsche Bank ‘scapegoated’ him
By Jonathan Stempel NEW YORK (Reuters) -A former Deutsche Bank trader whose conviction for rigging an interest rate benchmark was overturned has resolved a lawsuit accusing the German bank of destroyi[...]
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GM lays off over 1,000 salaried software, services employees
By David Shepardson (Reuters) -General Motors said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide. GM, confirming the layoffs initially reported[...]
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US workers more glum on compensation and work prospects, New York Fed says
By Michael S. Derby NEW YORK (Reuters) – U.S. workers are growing more sour with their employment compensation, according to a survey released on Monday by the New York Federal Reserve. In its S[...]
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European shares notch broad-based gains; defence stocks lag
By Pranav Kashyap and Ankika Biswas (Reuters) -European shares climbed on Monday, led by retail and basic resources stocks, with investors bracing for a data-heavy week with a focus on U.S. Federal Re[...]
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C.H. Robinson diverting some US customers’ cargo away from Canadian ports
(Reuters) – U.S. freight forwarder C.H. Robinson said on Monday it was diverting some of its U.S. customers’ ocean cargo away from Canadian ports as the threat of a rail strike looms. It s[...]
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Analysis-US regional bank deals rise as lenders aim to bolster balance sheets
By Manya Saini and Niket Nishant (Reuters) – Regional lenders at the heart of last year’s banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, ex[...]
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AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
By Max A. Cherney (Reuters) -AMD said on Monday it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware[...]
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