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London theatres face 'disastrous delay' for full re-opening
  + stars: | 2021-06-15 | by ( ) www.reuters.com + 0.00   time to read: +3 min
People stand next to St Martin's Theatre at London's West End in London, Britain, August 13, 2020. REUTERS/Henry NichollsLONDON, June 15 (Reuters) - At London's Dominion theatre, "The Prince of Egypt" cast rehearse a dance weeks ahead of the show's re-opening. The news was another hit to London's West End theatres forced to close last year because of the global pandemic. "A four-week delay to the theatre world is pretty much disastrous for a lot of people," Julian Bird, chief executive of the Society of London Theatre and UK Theatre, said. "The confusion and muddled-messages are reminiscent of a West End farce."
Persons: Henry Nicholls LONDON, Prince, Neil Laidlaw, Boris Johnson, Julian Bird, wouldn't, Howard Panter, Rosemary Squire, Andrew Lloyd Webber, Johnson, Webber, Liam Tamne, Ramses, Mindy Burrows, Marie, Louise Gumuchian, Sophie Royle, Alexandra Hudson Organizations: Martin's, REUTERS, Dominion, Reuters, British, Society of London Theatre, UK Theatre, Trafalgar Entertainment, Alexandra Hudson Our, Thomson Locations: London, Britain, Egypt
Mike Lindell continues to claim Trump will be reinstated as president. In an interview with Rolling Stone, he said Trump would be president in six months. MyPillow CEO Mike Lindell in a new interview pushed back the date for when he says former President Donald Trump will be reinstated as president. "Six months from now, Trump will be our real president and our country will be heading toward its greatest rebirth in history," Lindell told Rolling Stone in a report published Monday. But Lindell still says the race was stolen from Trump, specifically by 20 million votes, he told Rolling Stone.
Persons: Mike Lindell, Rolling Stone, Trump, Donald Trump, Lindell, Rolling, Joe Biden's, Biden, Steve Bannon's, It's, Stone Organizations: Trump, White House, Rolling Stone, GOP, Dominion Locations: Maricopa County
MyPillow targets wider consumer base as it opens UK subsidiary
  + stars: | 2021-06-13 | by ( Zahra Tayeb | ) www.businessinsider.com sentiment -1.00   time to read: +2 min
Mike Lindell has launched MyPillow in the UK. The expansion follows reports Lindell will lose $2 billion as a result of his legal battles. MyPillow CEO Mike Lindell has launched a UK-based subsidiary of his company. Products targeting UK consumers will be manufactured in a factory based in the West Midlands city of Coventry. Most recently, Lindell's lawyers said he is set to lose $2 billion as a result of his latest lawsuit against Dominion and Smartmatic.
Persons: Mike Lindell, Lindell, MyPillow, Insider's Grace Dean Organizations: Products, Scotsman, Coventry, Dominion Voting Systems, Dominion, Costco Locations: West Midlands, Coventry, America
Her lawyers argue her appearances on Fox News weren't just infomercials to raise money. Powell didn't just want to raise money through her organization Defending the Republic, as voting technology company Smartmatic alleged in its lawsuit, her attorney argued. It accused Powell, Rudy Giuliani, and Fox News of defamation over election conspiracy theory claims. Rudy Giuliani also asked to dismiss the defamation suitAn attorney for Giuliani also filed a motion for dismissal on Thursday. Jacquelyn Martin/AP PhotoFox News, too, has filed motions asking the court to dismiss the Smartmatic lawsuit.
Persons: Sidney Powell, Rudy Giuliani, Powell, Powell didn't, Donald Trump's, Trump, Joe Biden, Smartmatic, Howard Kleinhendler, Yorkers, Kleinhendler, Giuliani, Rudolph Giuliani, Jacquelyn Martin, Powell's, she's Organizations: Fox News, Dominion Voting Systems, Fox, Communist, Former New York City, AP, Dominion Locations: New York, Republic, cahoots, Texas, China, Venezuelan, British
Powell didn't just want to raise money through her organization Defending the Republic, as the voting-technology company Smartmatic alleged in its lawsuit, her attorney said. It accuses Powell, Rudy Giuliani, and Fox News of defamation over election conspiracy-theory claims. Rudy Giuliani also asked to dismiss the defamation suitAn attorney for Giuliani also filed a motion for dismissal on Thursday. Jacquelyn Martin/AP PhotoFox News, too, has filed motions asking the court to dismiss the Smartmatic lawsuit. Dominion has also sued Fox News, Powell, and Giuliani in separate lawsuits over baseless election claims.
Persons: Sidney Powell, Rudy Giuliani, Powell, Powell didn't, Donald Trump's, baselessly, Smartmatic, Joe Biden, Trump, Howard Kleinhendler, couldn't, Yorkers, Kleinhendler, Giuliani, Jacquelyn Martin, Powell's, she's Organizations: Fox News, Dominion Voting Systems, Trump, Fox, Communist, AP, Dominion Locations: New York, Republic, cahoots, Texas, China, Venezuelan, British
Offshore Wind Farms Show What Biden’s Climate Plan Is Up Against
  + stars: | 2021-06-07 | by ( Ivan Penn | ) www.nytimes.com sentiment -1.00   time to read: +1 min
So Dominion hired three European ships and operated them out of the Port of Halifax in Nova Scotia. Mr. Eley’s crew waited weeks at a time for the European ships to travel more than 800 miles each way to port. The U.S. shipping industry has not invested in the vessels needed to carry large wind equipment because there have been so few projects here. The first five offshore turbines were installed in 2016 near Block Island, R.I. Dominion’s two turbines were installed last year. Demand for large ships could grow significantly over the next decade because the United States, Europe and China have ambitious offshore wind goals.
Persons: Eley’s, Port, , Jones Organizations: Dominion Locations: U.S, Halifax, Nova Scotia, Luxembourg, Europe, Block, United States, China
Alec Beck, the lawyer representing MyPillow CEO Mike Lindell, has parted ways with his law firm. The move comes a day after he filed a new lawsuit against Smartmatic and Dominion Voting Systems. According to Beck's former employer, the lawsuit was filed without any authorization. Alec Beck, the lawyer representing MyPillow's CEO, Mike Lindell, has left his law firm a day after filing a new lawsuit against Smartmatic and Dominion, according to Bloomberg. The company issued a statement on Twitter on Friday night: "Late last night, firm management became aware that a Minneapolis firm lawyer filed a complaint, as local counsel, in federal district court without receiving firm authorization pursuant to internal firm approval procedures," it said.
Persons: Alec Beck, Mike Lindell, Thornburg, Insider's Grace Dean, Lindell, William Shakespeare, Ray Bradbury's, George Orwell's, Akiva Cohen, Barnes Organizations: Smartmatic, Voting, Dominion, Bloomberg, Barnes, Firm Locations: Minneapolis, Minnesota
Mike Lindell filed another lawsuit against voting machine companies involved in the 2020 election. "MyPillow guy" Mike Lindell filed another federal lawsuit Thursday against voting machine companies involved in the 2020 presidential election, Dominion Voting Systems and Smartmatic. MyPillow had already filed a lawsuit in April against Dominion for $1.6 billion, claiming the company was trying to stifle free speech. For example, he perpetuated the since-debunked conspiracy theory that Dominion voting machines switched votes from Trump to Joe Biden. A Dominion spokesperson previously told Insider the initial lawsuit brought by MyPillow was a "meritless retaliatory lawsuit, filed by MyPillow to try to distract from the harm it caused to Dominion."
Persons: Mike Lindell, Lindell, William Shakespeare, MyPillow, Marjorie Taylor Greene, Donald Trump, Joe Biden, Ray Bradbury's, George Orwell's, , Smartmatic Organizations: Dominion, Voting Systems, Trump, Machines Locations: Minnesota
Mike Lindell's new lawsuit accused Dominion and Smartmatic of damaging his finances and reputation. Lawyers for the MyPillow CEO said he is set to lose $2 billion as a result. "MyPillow made no statements about Dominion," Lindell's lawyers wrote in Thursday's filing. "Instead, by suing MyPillow, Dominion seeks to punish Lindell for his statements by damaging his reputation, his finances, and his business." As well as MyPillow and Lindell, Dominion has also filed defamation lawsuits against pro-Trump attorney Sidney Powell, Trump's now-former personal lawyer Rudy Giuliani, and Fox News.
Persons: Mike Lindell's, Dominion, Lindell, Mike Lindell, Smartmatic, Donald Trump, Joe Biden, Read, Trump, William Shakespeare, MyPillow, Sidney Powell, Trump's, Rudy Giuliani Organizations: Voting Systems, Dominion, Trump, Fox News, Dominion's, Retailers, Costco, Kroger Locations: MyPillow, cohoots, Lindell
Mike Lindell said that Dominion "interfered" with plans to take his e-commerce site MyStore public. Dominion Voting Systems' legal battle with Mike Lindell stopped him from taking his e-commerce site public via an initial public offering (IPO), he said in a lawsuit Thursday. Lindell's Amazon-rival MyStore sells an eclectic range of goods including patriotic books, medical products, and a pet-stain remover called "WoofPurrfect." "The Dominion lawfare campaign against Lindell has interfered with plans to take Lindell's on-line store, MyStore, public in an initial public offering," Thursday's lawsuit said, without elaborating. This figure includes the hundreds of thousands of dollars he has already spent defending himself against Dominion's $1.3 billion lawsuit, the new filing said.
Persons: Mike Lindell, Lindell, MyStore, Read, Trump, Donald Trump, Joe Biden, Dominion, Smartmatic, Frank Speech Organizations: Dominion, Systems, Lindell, Dominion's, MyPillow Locations: MyPillow
Pennsylvania state Sen. Doug Mastriano is promoting an "Audit the Vote" campaign. The campaign's founders have promoted conspiracy theories about QAnon, "PizzaGate", and the 2020 election. "Our goal is to expose the fraud that occurred in Pennsylvania in the 2020 election so that we can re-establish confidence in our election system moving forward." According to a joint statement from federal and state election security officials, the 2020 vote was "the most secure in American history." While such false claims have been used to push for an Arizona-style audit in Pennsylvania, not all Republicans are on board.
Persons: Sen, Doug Mastriano, Biden, Pennsylvania Republican —, Donald Trump —, Joe Biden, Steve Bannon, Mastriano, Toni Shuppe, Wayfair, Toni Schuppe, John Podesta, Jamie Sheffield, Trump, QAnon, Hutton Pulitzer, Pulitzer, Brad Raffensperger, Mike Lindell, MyPillow, Rudy Giuliani, Seth Grove Organizations: Pennsylvania Republican, Republicans, Republican, Maricopa County's Republican, Supervisors, Capitol, USA, Facebook, instating, Time, Georgia Republican, Associated Press, State, GOP Locations: Pennsylvania, Maricopa County , Arizona, Arizona, Maricopa, China, Pittsburgh, Georgia, Dominion
REFILEA lawsuit against former Donald Trump lawyers Rudy Giuliani and Sidney Powell is ongoing despite claims on social media that the plaintiff, Dominion Voting Systems, has lost its suit. The litigation against Giuliani and Powell came after their fraud claims about the Dominion systems and the 2020 election. Supporters of Giuliani and Powell have posted celebratory messages on social media, causing confusion online. In an emailed response for comment, representatives at Hamilton Place Strategies responding on behalf of Dominion Voting Systems confirmed “both lawsuits are active and ongoing.”Reuters requests for comment from representatives for Sidney Powell and Rudy Giuliani were not immediately returned. Statements from Dominion Voting Systems representatives confirm that their lawsuits against Rudy Giuliani and Sidney Powell are active and ongoing.
Persons: Donald Trump, Rudy Giuliani, Sidney Powell, Giuliani, Powell, Sidney, Rudy, , CourtListener.com, Read Organizations: Voting Systems, Dominion, Giuliani, “ Dominion, Free Law, Voting, Reuters Locations: Hamilton
Republicans and Trump loyalists nationwide are still pushing for reviews of the 2020 election. He won 50.3% of the county while Trump won 48.1%, according to Politico. Favorito told the AP he voted for Don Blankenship, the US Constitution Party candidate in the 2020 election. Biden won 52.9% of the state while Trump won 45.5% of the state, according to Politico. Biden beat Trump in Michigan, a state Trump won in 2016, by 154,188 votes.
Persons: San Luis Obispo, Joe Biden, Donald Trump, Trump, Maggie Haberman, , Eddie Perez, appeasing Trump, Karen Fann, Doug Ducey, Katie Hobbs, Matt York, Biden, Garland Favorito, Favorito, Don Blankenship, Fulton, Brian Kemp, Insider's Grace Panetta, Bill, Megan Varner, Robin Vos, Vos, Tony Evers, Ross McLeod, Elizabeth Frantz, Doug Logan, Ben Cotton, Stephanie Lambert, Lambert, Steve Warfield, Jocelyn Benson, JEFF KOWALSKY, Tommy Gong, Gavin Newsom Organizations: Trump, GOP, New York Times, Capitol, Biden's, Associated Press, OSET Institute, AP, Biden, Politico, Republican, Trump loyalists, Republicans, Gov, Veterans Memorial Coliseum, Arizona Senate, U.S . Department of Justice, The Atlanta Journal Constitution, Republican Party, AJC, Constitution Party, Getty, Wisconsin, Milwaukee Journal Sentinel, Journal Sentinel, State GOP, Bureau, State Democrats, The Journal Sentinel, Democratic Gov, The Washington Post, Democrat, New Hampshire Army National Guard Regional Training Institute, The Washington, The, NBC News, CNN, Washington DC, Dominion, Michigan, Post, Michigan Republicans, Detroit Free Press, Democratic, San, nabbed, San Luis Obispo County, KCRW, Washington Post, San Luis Obispo Tribune, The Tribune Locations: Michigan, San Luis, Maricopa County , Arizona, Arizona, Maricopa County, Maricopa, Florida, Phoenix, Fulton County , Georgia, Georgia, Fulton County, Atlanta, Atlanta , Georgia, Wisconsin, Windham , New Hampshire, New Hampshire, Rockingham County, Windham, Pemboke, New, Washington, Cheboygan County , Michigan, Cheboygan County, Northern Michigan, Antrim County , Michigan, Antrim, Cheboygan, Fowlerville , Michigan, AFP, San Luis Obispo , California, San Luis Obispo, San Luis Obispo County, Trump, California, California's
My Pillow CEO Mike Lindell said he's likely the source of claims from former President Donald Trump that he'll be "reinstated" to the White House by August, The Daily Beast reported. On Wednesday, Lindell — a close confidant of the former president — told The Daily Beast that Trump's source for predicting an August return was likely himself. "If Trump is saying August, that is probably because he heard me say it publicly," Lindell told the outlet. Lindell and then-President Donald Trump in the White House in July 2017. "So, in my mind, I hope that means that we could have Donald Trump back in the White House by August," he said.
Persons: Trump, Mike Lindell, he's, Donald Trump, Maggie Haberman, Joe Biden, Insider's Grace Panetta, Jake Lahut, Biden, Lindell, , SAUL LOEB, Steve Bannon's, , Sidney Powell Organizations: Daily, The New York Times, GOP, Getty Images, White, Dominion Locations: Arizona, Maricopa County
Canada’s top six banks - Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada - have emerged relatively unscathed from the pandemic, thanks to government support programs and their own loan deferrals. As traditional lending to businesses dried up, the banks binged on mortgages on the back of a red-hot property market. That coupled with an uneven business recovery means Canadian banks’ core lending operations at home could see sluggish growth for much of this fiscal year. For investors who have driven up banks’ shares to record highs this year, the uncertain outlook may cause some angst. The Canadian bank index has rallied nearly 50% over the past year, versus a 31% increase in the broader index.
Persons: Mike Clare, , , Edward Jones, James Shanahan, drawdowns, you’re, ” Neil McLaughlin, Stephane Achard, Clare Organizations: TORONTO, Royal Bank of Canada, Dominion Bank , Bank of, Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Brompton Group, Locations: Toronto, Dominion Bank , Bank of Nova Scotia, Canada,
The notion that Trump would be "reinstated" as president before Labor Day is gaining QAnon traction. Trump is reportedly talking about it with confidantes, claiming the Supreme Court can reinstate him. A March appearance on Steve Bannon's "War Room" podcast is where Lindelll first predicted Trump would be reinstated by August. When you're voting for president, you're not directly electing a president but voting for a slate of electors to vote for the presidential ticket you want. As Trump knows from being impeached twice himself, the Vice President would take over the office of the presidency in the event that a president is removed.
Persons: Trump, confidantes, Mike Lindell, Donald Trump, Lindell, Steve Bannon's, Lindelll, Steve, Biden, Sidney Powell, Powell, Michael Flynn, he'll, Maggie Haberman, Trump isn't, Ken Paxton, aren't, , Hugo Chavez Organizations: Labor, Dominion, Republicans, Democrats, Systems, Lindell, Trump, The New York Times, Texas, Electoral College Locations: MAGA, Dallas, United States, Myanmar
Dominion wants to advance its $1.3 billion defamation lawsuit against MyPillow CEO Mike Lindell. It says the company should be held responsible for Lindell's election conspiracy theories. The election technology company argued Lindell had sought to boost MyPillow's profits by integrating bogus election fraud claims with an extensive marketing campaign for the pillow company. In its new filing, Dominion argues Lindell waged a "defamatory marketing campaign" in his capacity as "the MyPillow guy." Dominion and Smartmatic, a rival election technology company caught up in conspiracy theories about the 2020 election, have also sued several other people and entities it says advanced falsehoods.
Persons: Mike Lindell, Lindell, Mike Lindell's, Guy, Donald Trump, MyPillow, Carl John Nichols, , Michael Lindell, Jabin, he's, Jane Krakowski, Krakowski, Sidney Powell, Rudy Giuliani Organizations: Dominion, Systems, MyPillow, Lindell, US, Washington, Getty, Daily Mail, Trump, Fox News Locations: Washington ,, MyPillow, Dominion, America
Trucker Yellow Seeks to Steady Finances by Streamlining Operations
  + stars: | 2021-05-31 | by ( Jennifer Smith | ) www.wsj.com + 0.00   time to read: +5 min
Trucker Yellow Corp. is pushing ahead with a sweeping overhaul aimed at making the large but financially troubled carrier more competitive in a resurgent freight market. Overland Park, Kan.-based Yellow had been struggling for years when the pandemic plunged the company into a liquidity crisis. The company’s Holland, New Penn and Reddaway brands provide LTL service in the Midwest, the Northeast and the West, respectively, while its YRC Freight business offers national coverage. That creates inefficiency for them, and frankly it creates inefficiencies for us,” said Yellow President Darrel Harris, who is overseeing the integration. A previous integration of two national networks after the company’s 2003 purchase of rival Roadway, which eventually created Yellow’s YRC Freight unit, took years to complete.
Persons: company’s, , Darrel Harris, Mike Regan, Satish Jindel, Harris, Jennifer Smith Organizations: Yellow, Walmart Inc, YRC, Inc, Dominion Freight, Dominion, XPO Logistics Inc, TranzAct Technologies Inc, SJ, United Parcel Service Inc, UPS, FedEx Corp, Locations: U.S, Kan, Thomasville, N.C, company’s Holland, New Penn, Midwest, Northeast
Bratton said Giuliani has "made a caricature of himself" due to his close ties to Trump. "I can't understand how he allowed himself to be subsumed by Trump," Bratton said. Former New York Police Department commissioner William "Bill" Bratton said in a recent interview that former New York City Mayor Rudy Giuliani has "made a caricature of himself" by his close association with former President Donald Trump. "As somebody who's got a big ego, speaking about another guy with a big ego, I can't understand how he allowed himself to be subsumed by Trump," Bratton said. Throughout much of the 1990s, New York City battled high rates of violent crime.
Persons: Bratton, Giuliani, William, Bill, Rudy Giuliani, Donald Trump, Maureen Dowd, who's, He's, he's, Bill de Blasio, Donald Trump's, Joe Biden Organizations: Trump, Former New York Police, New York City, New York Times, Giuliani's mayoralty, Times, Voting Systems, Dominion, FBI, The New York Times Locations: New York, Manhattan, Ukraine
Handout | Getty Images Entertainment | Getty ImagesThe Covid pandemic made the past 14 months a literal roller coaster of a ride for both theme parks and their fans. The top 20 North American theme parks drew 159,108,000 visitors in 2019, 1% more than the year before, according to the 2019 TEA/AECOM Theme Index and Museum Index. As at ski resorts, at theme parks "a lot of the experience is outdoors," he said, and therefore less risky in terms of exposure. There are essentially two theme park markets in the U.S., although there is some crossover between them. Theme park tips and pivotsSo, if you've decided to visit a theme park, what tips do travel advisors have?
Persons: Dixie D'Amelio, Noah Beck, Parks, haven't, Trish Smith, I've, Michael Erstad, Cardify, they've, , Trish Smith InteleTravel, Erstad, Florida's, Carolyn Moody, we've, Richard A, Zimmerman, Hull, Guy, you've, Moody, Smith Organizations: Disney, Resort, Handout, Getty, Universal Orlando, Marvel, Finance, Walt Disney World, Universal Orlando Resort, SeaWorld, Flags Entertainment Corp, Disneyland, Orlando, Universal, Dominion, Busch Gardens, Cedar Fair Entertainment, Charlotte , North Carolina —, Flags, Walt Disney Locations: Anaheim , California, American, Universal Orlando Resort's, Adventure, Florida, Anaheim, Kansas City , Missouri, California, U.S, SeaWorld Orlando, North America, Grand Prairie , Texas, Pigeon Forge , Tennessee, Orlando, Dollywood, Durham , North Carolina, Canada, Sandusky , Ohio, Buena Point , California, Charlotte , North Carolina, Toronto , Ontario, Jackson , New Jersey, New York City, Philadelphia, Parks
The controversial bill removes voters from the state's Permanent Early Voting List, a method that voters used en masse in the 2020 election. A longtime voting activist in Georgia and well-known conspiracy theorist, Garland Favorito, is spearheading a campaign in Fulton County to review the 2020 election results. Favorito told the AP he voted for Don Blankenship, the US Constitution Party candidate in the 2020 election. It was the first major election-related bill signed into law in a swing state after the 2020 election. Biden won 52.9% of the state while Trump won 45.5% of the state, according to Politico.
Persons: San Luis Obispo, Joe Biden, Donald Trump, Trump, , Eddie Perez, appeasing Trump, Karen Fann, Doug Ducey, Katie Hobbs, Matt York, Biden, Garland Favorito, Favorito, Don Blankenship, Fulton, Brian Kemp, Insider's Grace Panetta, Bill, Megan Varner, Robin Vos, Vos, Tony Evers, Ross McLeod, Elizabeth Frantz, Doug Logan, Ben Cotton, Stephanie Lambert, Lambert, Steve Warfield, Jocelyn Benson, JEFF KOWALSKY, Tommy Gong, Gavin Newsom Organizations: Trump, Capitol, Biden's, Associated Press, OSET Institute, AP, GOP, Biden, Politico, Republican, Trump loyalists, Republicans, Gov, Veterans Memorial Coliseum, Arizona Senate, U.S . Department of Justice, The Atlanta Journal Constitution, Republican Party, AJC, Constitution Party, Getty, Wisconsin, Milwaukee Journal Sentinel, Journal Sentinel, State GOP, Bureau, State Democrats, The Journal Sentinel, Democratic Gov, The Washington Post, Democrat, New Hampshire Army National Guard Regional Training Institute, The Washington, The, NBC News, CNN, Washington DC, Democratic, Dominion, Michigan, Post, Michigan Republicans, Detroit Free Press, San, nabbed, San Luis Obispo County, KCRW, Washington Post, San Luis Obispo Tribune, The Tribune Locations: Michigan, San Luis, Maricopa County , Arizona, Arizona, Maricopa County, Maricopa, Florida, Phoenix, Fulton County , Georgia, Georgia, Fulton County, Atlanta, Atlanta , Georgia, Wisconsin, Windham , New Hampshire, New Hampshire, Rockingham County, Windham, Pemboke, New, Washington, Cheboygan County , Michigan, Cheboygan County, Northern Michigan, Antrim County , Michigan, Antrim, Cheboygan, Fowlerville , Michigan, AFP, San Luis Obispo , California, San Luis Obispo, San Luis Obispo County, Trump, California, California's
Kristi Noem to a RGA conference on his private jet, according to Politico. Kristi Noem of South Dakota flew on MyPillow CEO Mike Lindell's private jet en route to a three-day Republican Governors Association (RGA) conference in Nashville, Tennessee, this week, according to a Politico report. An official told Politico that Lindell was unable to attend official RGA events since he was not a full member of the organization. "Lindell was not a guest of Governor Noem's at the conference," he told Politico. In a phone conversation with Politico, Lindell said that he "is not revealing anybody who goes on my plane."
Persons: Mike Lindell, Kristi Noem, Lindell, Mike, Donald Trump, Doug Ducey, Brian Kemp of, Joe Biden, Noem, Ian Fury, Noem's Organizations: Politico, Noem, South Dakota, Republican Governors Association, Trump, Dominion, Dominion Voting Systems, Bed, Costco Locations: South, Nashville , Tennessee, Arizona, Brian Kemp of Georgia, Georgia, Nashville
The National Bank of Canada logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. The bank took provisions on credit losses of C$5 million ($4.13 million), which included the release of C$62 million of capital previously set aside to cover performing loans that could have soured. Like its counterparts, National Bank also posted a strong jump in net income from financial markets of 50%. The results come a day after Royal Bank of Canada (RY.TO) and Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) all reported better than expected quarterly profit, driven by capital markets businesses and the release of loan loss provisions. read moreAnalysts had expected Canada's big six banks to report strong results from their capital markets businesses, driven by fees on strong deal-making and issuances.
Persons: Chris Wattie, Louis Vachon Organizations: National Bank of Canada, REUTERS, Chris Wattie National Bank of Canada, National Bank, Royal Bank of Canada, Dominion Bank, Canadian Imperial Bank of Commerce, Analysts, Thomson Locations: Ottawa , Ontario, Canada, Toronto, Refinitiv
But their results masked some challenges, including flat net interest margins, little to no commercial loan growth and the impact of a strong Canadian dollar. Particularly at TD, earnings excluding the impact of provisions and taxes fell 16.8%, compared with increases of 14% and 11% at CIBC and RBC respectively. CIBC reported an almost 98% fall in provisions, while TD recovered C$373 million of funds set aside to cover bad loans. RBC posted adjusted earnings per share of C$2.79, compared with a Refinitiv IBES estimate of C$2.48 a share. TD, Canada’s second-largest lender, posted adjusted net earnings of C$2.04, exceeding estimates of C$1.76 per share.
Persons: Chris Wattie, Riaz Ahmed, Mike Rizvanovic, Canada’s Organizations: Reuters, Royal Bank of Canada, REUTERS, RBC, Dominion Bank, Canadian Imperial Bank of Commerce, CIBC, Canadian, Royal Bank, , ” Credit Suisse, Canada’s, U.S . City National Locations: Ottawa , Ontario, Canada, Toronto
Particularly at TD, earnings excluding the impact of provisions and taxes fell 16.8%, compared with increases of 14% and 11% at CIBC and RBC respectively. The impact of the strong Canadian dollar and higher payments to retail partners in its U.S. credit card business weighed on earnings, TD Chief Financial Officer Riaz Ahmed said in an interview. CIBC reported an almost 98% fall in provisions, while TD recovered C$373 million of funds set aside to cover bad loans. RBC posted adjusted earnings per share of C$2.79, compared with a Refinitiv IBES estimate of C$2.48 a share. TD, Canada’s second-largest lender, posted adjusted net earnings of C$2.04, exceeding estimates of C$1.76 per share.
Persons: Riaz Ahmed, Mike Rizvanovic, Canada’s Organizations: RBC, CIBC, Royal Bank of Canada, Dominion Bank, Canadian Imperial Bank of Commerce, Canadian, Royal Bank, , ” Credit Suisse, Canada’s, U.S . City National Locations: Toronto
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