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U.S. News

Bank of Montreal says U.S. ambassador to become vice-chairman

Bank of Montreal says U.S. ambassador to become vice-chairman

U.S. Ambassador to Canada David Jacobson will join Bank of Montreal as vice-chairman after he leaves his diplomatic post and will work in the bank's U.S. division, BMO said on Tuesday.
Cameron French, Reuters
Posted on 5-21-2013 at 12:56 PM
Brian Milner, Business Columnist, The Globe and Mail, BNN's Greg Bonnellplay

Senate panel hammers Apple over tax strategy

Apple Inc. came under fire on Tuesday at a Senate hearing over an investigation that alleged the U.S. high technology icon has kept billions of dollars in profits in Irish subsidiaries and...
Patrick Temple-West and Poornima Gupta, Reuters
Posted on 5-21-2013 at 8:04 AM
Paul Bagnell reportsplay

Housing recovery boosts Home Depot results

Home Depot Inc reported higher-than-expected quarterly results and raised its sales and profit outlook for the year on Tuesday as the world's largest home improvement chain benefited from a...
Dhanya Skariachan, Reuters
Posted on 5-21-2013 at 7:17 AM
Part Iplay

Are U.S. markets the best place for $1 trillion?

BEST OF BNN: What would you do if you had a trillion dollars to invest? If you're a U.S.-based strategist you would put much of that money to work in U.S. equity markets, even as stocks sit...
Brady Yauch, BNN.ca
Posted on 5-17-2013 at 9:42 AM
May U.S. consumer sentiment rises to highest in nearly 6 years

May U.S. consumer sentiment rises to highest in nearly 6 years

U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects, particularly among...
Leah Schnurr, Reuters
Posted on 5-17-2013 at 10:27 AM
Wall Street bonuses, staff levels to rise in 2013

Wall Street bonuses, staff levels to rise in 2013

Wall Street bonuses and staff levels are expected to rise this year as trading and deal-making activity pick up, according to a closely watched report released on Friday by a compensation...
Reuters
Posted on 5-17-2013 at 11:47 AM
Political storm over IRS shifts to U.S. Congress

Political storm over IRS shifts to U.S. Congress

A U.S. House of Representatives panel on Friday opens the first in a series of investigative hearings in Congress on the Internal Revenue Service's targeting of conservative groups for...
John Whitesides, Reuters
Posted on 5-17-2013 at 7:16 AM
Emanuella Enenajor, Economist, CIBC World Marketsplay

Bank of Canada sees unorthodox-policy benefits outweighing risks

The risks of unconventional policies pursued by major central banks since the financial crisis appear to be minor compared with the benefits, Bank of Canada researchers said on Thursday.
Louise Egan, Reuters
Posted on 5-16-2013 at 1:49 PM
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