32 h. ago Bank of America warns to sell the rebound in U.S. stocks and dollar

The dollar is in the midst of a longer term depreciation while the shift away from U.S. assets has further to go, the bank says

Economics

9 d. ago US Stock Futures Rise on Optimism Over Trade Talks: Markets Wrap

Stock futures signaled a rebound on Wall Street as positive signals from initial US-Japan trade talks stirred optimism agreements can be reached to avoid higher levies on American trading partners.

Economics

2 w. ago Canadian officials said to plan meeting with U.S. banks after Trump complaints

The Canadian government has invited representatives from U.S. banks including JPMorgan Chase & Co. for a meeting, according to people with knowledge of the matter, after U.S. President Donald Trump complained that American banks have trouble doing business in Canada. Bank of America Corp. is also among the firms invited, the people said. Details of […]

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2 w. ago Ottawa said to plan meeting with U.S. banks after Trump complaints

JPMorgan and Bank of America are among the firms invited

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3 w. ago India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027

More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the country’s top deal advisers to internet companies.

Economics

3 w. ago Ontario Hudson's Bay locations that were to remain open might have to close

An Ontario judge's recent decision has raised doubts over the fate of Hudson's Bay stores in the province, including those that were set to remain open, and increases the chance that lenders might seek to push the company into receivership.Justice Peter Osborne of the Superior Court of Justice has rejected a restructuring agreement proposed by the department store’s major lenders, signaling the potential for even further financial turmoil.On Saturday, Justice Osborne issued a written ruling stating that the proposed restructuring plan was "neither necessary nor appropriate at this time." The plan had been put forward in an effort to maximize liquidation proceeds and recover some of the millions owed to Hudson's Bay's senior lenders — Bank of America, Pathlight Capital, and Restore Capital — while also providing room for the company to restructure.During a Thursday hearing, lawyers for landlords opposed the restructuring agreement that was initiated by the...

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3 w. ago IMF, World Bank brace for potential breakup with U.S. under Trump’s ‘America First’ agenda

U.S. withdrawal from the institutions is advocated by Project 2025, the Republican playbook

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last month Hudson's Bay restructuring meeting interrupted by the most embarrassing thing

A court hearing over Hudson’s Bay's last-ditch restructuring plans quickly ended up getting NSFW.As reported by The Star, the public Zoom call for the Wednesday hearing was interrupted within the first hour by multiple windows containing pornographic videos.It took about 15 seconds for the videos to be removed. Ontario Superior Court Justice Peter Osborne then ordered the Zoom link to be closed off to anyone who wasn’t one of the parties involved with the proceeding. It’s unclear who started the porn playback.Even without the porn videos, though, Hudson’s Bay has been in a really sticky situation. Earlier this month, the company began liquidating all but six of its stores after filing for creditor protection over being nearly $1 billion in debt.The company is proposing a restructuring plan that keeps the six remaining stores thanks to senior secured lenders Bank of America, Pathlight Capital and Restore Capital. However, Hudson's ...

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