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Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds – document

By Nate Raymond NEW YORK (Reuters) – U.S. authorities have decided not to pursue criminal charges against any Citigroup Inc executives or employees involved in packaging and selling mortgage-backed securities at the heart of the 2008 financial crisis, a government report shows. The decision, which followed Citigroup's $7-billion settlement in 2014 resolving federal and state civil claims related to mortgage bonds, was described in a November report…

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Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds – document

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U.S. trade deficit widens as exports hit five-and-a-half-year low

The Commerce Department said on Friday the trade gap increased 2.2 percent to $45.7 billion. December's trade deficit was revised up to $44.7 billion from the previously reported $43.4 billion. Economists polled by Reuters had forecast the trade deficit widening to $44.0 billion in January.

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U.S. trade deficit widens as exports hit five-and-a-half-year low

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U.S. payrolls surge, bolster Fed rate hike prospects

U.S. employment gains surged in February, the clearest sign yet of labor market strength that could further ease fears the economy was heading into recession and allow the Federal …

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U.S. payrolls surge, bolster Fed rate hike prospects

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Canadian love affair with Manhattan real estate seen unabated

By Allison Lampert MONTREAL (Reuters) – Canadian investment in the Manhattan commercial property market is expected to stay strong this year after quadrupling to hit a record in 2015, real estate specialists said. Canadians accounted for almost a third of the $25.6 billion in foreign capital that poured into Manhattan commercial properties last year, with …

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Canadian love affair with Manhattan real estate seen unabated

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BlackBerry cuts 200 jobs in Ontario and Florida to trim costs

BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. “As BlackBerry continues to execute its turnaround plan, we remain focused on driving efficiencies across our global workforce,” the company said in an emailed statement. The layoffs will affect

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BlackBerry cuts 200 jobs in Ontario and Florida to trim costs

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U.S. labor market on solid ground as jobless rate hits eight-year low

U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but rising wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Non-farm payrolls increased by 151,000 jobs and the unemployment rate slipped one-tenth of a

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U.S. labor market on solid ground as jobless rate hits eight-year low