Category: PMN Business

Dec 17

Luigi Mangione Indicted for First-Degree Murder in CEO Death

Breadcrumb Trail Links PMN Business Luigi Mangione was formally indicted in New York on first-degree murder charges for the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson outside a midtown Manhattan hotel. Author of the article: Bloomberg News David Voreacos and Patricia Hurtado Published Dec 17, 2024  •  Last updated 10 minutes ago  •  3 […]
Dec 16

CIBC’s Dodig Favors Small Wealth Acquisitions Over Larger Deals

Article content (Bloomberg) — After years of lagging returns and more recent concerns over US office loans, Canadian Imperial Bank of Commerce has turned a corner with investors. Chief Executive Officer Victor Dodig says he won’t put that at risk with acquisitions that reduce shareholder value.  Article content “The investor sentiment fundamentally says that CIBC […]
Dec 15

Small businesses say cautious shoppers are seeking ‘cozy’ and ‘festive’ this holiday season

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Mae Anderson Published Dec 15, 2024  •  Last updated 3 hours ago  •  4 minute read Article content After the busy Black Friday holiday weekend, Kristen Tarnol, owner of Emerald City Gifts in Studio City, California, is already asking her supplier to send […]
Dec 15

Banff, Lake Louise brace for even more visitors in 2025 as Jasper rebuilds

Breadcrumb Trail Links PMN PMN Business Author of the article: The Canadian Press Amanda Stephenson Published Dec 15, 2024  •  3 minute read Article content CALGARY — The ripple effect of the wildfire that devastated the town of Jasper last summer could continue to reverberate through Alberta’s tourism sector in 2025, industry insiders say. Article […]
Dec 15

Rebels Vow to Ramp Up Fight Against Morocco Over Western Sahara

Article content (Bloomberg) — The group fighting for Western Sahara’s independence warned it may ramp up military attacks as Morocco looks to consolidate control of the disputed territory after securing US and French backing. Article content Those landmark recognitions of Moroccan rule — kickstarted by Donald Trump’s previous administration — are encouraging Rabat to accelerate […]
Dec 14

The 24 Hours of Rate Cuts That End Year of Global Central-Bank Easing

Breadcrumb Trail Links PMN Business A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve. Author of the article: Bloomberg News Craig Stirling Published Dec 14, 2024  •  7 minute read v2)ck0es6[hmil8cu}04w8j1_media_dl_1.png Central banks, […]