Stocks in European defense companies had a mixed reaction after reports that Israel had launched a retaliatory strike on Iran. The Wall Street Journal said the strike targeted the area around Isfahan in central Iran, according to people familiar with the matter. European defense stocks have largely been a winning trade this year, with Rheinmetall gaining 74% so far in 2024 and Leonardo gaining 48%.
Trump may be trying to wriggle his way out of testifying, which he'd previously pledged to do.
Mark Peterson-Pool/Getty ImagesDonald Trump can dish it out, but he has shown, once again, that he simply cannot take it.As proceedings began Thursday morning in the disgraced ex-president’s criminal hush-money trial, defense attorney Todd Blanche complained to New York State Supreme Court Judge Juan Merchan that the gag order put in place to prevent Trump from intimidating witnesses, jurors, and court staff was unfair to his client.“Everybody can say anything they want, except for President Tru
Sarah Matthews "really wouldn't imagine" one person in particular coming to court as she explained why the former president is in a "bad mood" and "lashing out at aides."
TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD faces needs reassessing after the Wall Street Journal reported the link on Thursday. The newspaper said the U.S. Justice Department investigation is focused
Rep. Marjorie Taylor Greene (R-Ga.) took a shot at Fox News after a columnist for the outlet called her “an idiot” who is trying to “wreck the GOP.” “Fox News called me an idiot. That was literally their headline. They called me an idiot,” Greene said during an appearance on Steve Bannon’s podcast this week.…
Cash flow. If you're a fan of "Shark Tank" or follow Kevin O'Leary, you've likely heard him talk about the importance of cash flow. In a recent video he posted to LinkedIn, O'Leary spoke again about...
Photo Illustration by Luis G. Rendon/The Daily Beast/Getty Images/Everett CollectionAn off-hand remark—or a terribly misconstrued one—by a federal prosecutor at a private meeting with a defense attorney in Donald Trump’s classified documents case may add yet another delay to the former president’s already severely delayed trial.U.S. District Judge Aileen M. Cannon has already earned a reputation for making bizarre rulings that favor the man who appointed her to the bench, pushing back a trial th
The Queens-born former president made a notable error while honoring "New York's Bravest."
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
The author of a 2005 book about Trump says one key assumption his attorneys make often turns out to be disastrously wrong.
A text message saw “the normal hush of the courtroom” suddenly “punctuated by the audible clattering" of journalists' keyboards, noted Norm Eisen.
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
(Bloomberg) -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineThe World’s Hunger for Salmon Is Linked to an Ecological DisasterG-7 Eyes Plan on US-Led $50 Billion Aid Package for UkraineApple Rallies Most in 18 Mo
A Ukrainian ATACMS long-range missile strike reportedly killed over 100 Russian soldiers in Luhansk, showing the range of Ukraine's new missiles.
The Canadian dollar is set to strengthen less than previously expected over the coming year as the Bank of Canada makes progress on taming inflation and will likely begin cutting interest rates ahead of the Federal Reserve, a Reuters poll found. According to the median forecast of nearly 40 foreign exchange analysts in the April 29-May 2 poll, the loonie will strengthen 0.7% to 1.36 per U.S. dollar, or 73.53 U.S. cents, in three months, compared to 1.34 in last month's poll. "In the near term, I think there are going to be some headwinds," said Bipan Rai, global head of FX strategy at CIBC Capital Markets.
Fox NewsWhen Rep. Nancy Mace (R-SC) added to an emerging GOP trend Friday by accusing billionaire philanthropist George Soros of funding pro-Palestine protests on college campuses, Fox News anchor Neil Cavuto shot back that there is “no proof” for her claim, adding wryly: “I just looked for the checks and I haven’t seen them yet.”On Your World, Mace followed the likes of House Speaker Mike Johnson (R-LA), Sen. Ted Cruz (R-TX), and Arizona Senate candidate Kari Lake, each of whom have either sugg
TORONTO — Canada’s financial-crime watchdog has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S. The penalty by the Financial Transactions and Reports Analysis Centre of Canada, or Fintrac, comes after it imposed a $7.5-million fine against RBC and a $1.3-million fine against CIBC, both of which were announced in December. Those penalties were also
Tapes newly released by Trump's defense cast doubt on whether Trump was truly the mastermind of a hush-money scheme.
Democratic lawmakers are sounding the alarm over what they see as conservative justices and judges tipping the scales in favor of former President Trump in two federal cases. The two cases accuse the former president of attempting to subvert the 2020 election and obstructing justice related to his handling of classified documents. Some Democratic senators…
The Montreal-based airline reported an adjusted net loss of $96 million, or 27 cents per share, more than the seven cents per share loss that analysts had expected.
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