Author: KMFSLLP

The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot void a lawsuit accusing it of violating federal law by making high-risk investments that cost retirement plan beneficiaries hundreds of millions of dollars.

Canadian Imperial Bank of Commerce reported better-than-expected quarterly profit on Wednesday, the latest domestic bank to exceed estimates thanks to a boost from its capital markets business despite sluggish performance in some other areas.

Sales of new U.S. single-family homes raced to a 12-1/2-year high in January, pointing to housing market strength that could help to blunt any hit on the economy from the coronavirus and keep the longest economic expansion in history on track.

The United Arab Emirates, a major air transit centre, is ready for "worst case scenarios" as the coronavirus spreads in the Middle East, a government official said on Wednesday.

Groups reveal cost cuts as customers go digital, while Virgin Money also reduces roles

Four experts give their opinions about the chances of an agreement being finalised

Gambling group said it has closed 713 shops

Former UK chancellor chides PM for increasing his control over the Treasury

Former UK chancellor chides PM for increasing his control over the Treasury

Lebanon on Wednesday paid $71 million in coupons due on Eurobonds maturing in 2025 and 2030, a source familiar with the matter said, a day after appointing legal and financial advisers for a widely expected debt restructuring.

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