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INSANE: 3 - The Real Truth

Lloyds shareholders could take £1bn hit over car finance crisis

Analysts forecast bank will have to halve £2bn buyback plan, as ex-boss of City regulator blames watchdog for crisis

The Guardian - UK

Russian court reportedly fines Google 2 undecillion roubles for blocking 17 state TV channels — equates to $20.5 decillion USD, Russian media report

RBC reports (Russian language) that the court fined Google "2 undecillion roubles" for blocking access to 17 Russian TV channels.

Tom’s Hardware

Tesla Day Trader Loses Entire $306M Fortune, Sues Canadian Bank For 'Misleading' Financial Advice

Christopher DeVocht from British Columbia alleges that RBC didn't acknowledge his limited financial acumen and advised him to donate millions to charities and trade using a margin account via a new holding company to avoid taxes.

International Business Times UK

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Will Norfolk Southern claw back fired CEO Alan Shaw's pay?

Major companies have recently adopted measures to recoup pay from executives after misconduct or behavior that causes reputational harm.

Fortune

RBC appoints 'highly respected' 22-year company veteran as CFO in wake of alleged affair scandal

Katherine Gibson, the new finance chief, has served as interim CFO since April.

Fortune

RBC CEO Dave McKay says Canada's uncompetitive tax regime put it on 'the wrong path'

He called for tax reform and tighter ties with the U.S.

Fortune

Pro-Palestinian Protesters Disrupt Toronto Film Festival Opening

Pro-Palestinian protesters disrupt Toronto film festival screening, criticizing RBC sponsorship.

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Pro-Palestinian protesters disrupt opening night of Toronto Film Festival

Pro-Palestinian protesters disrupted an opening night screening at the Toronto International Film Festival, chanting “Stop the genocide!”

The Independent UK

A decade of ‘I love you’ texts led to 2 execs’ firings. Now a bank wants to claw back millions in pay

The former CFO of Royal Bank of Canada had an inappropriate relationship with an employee, the bank claims.

Fortune

RBC countersues fired CFO for 'personal relationship,' bank claims it supported her career

The counterclaim reveals more details in connection to allegations against Nadine Ahn.

Fortune

Fired CFO says RBC ended her chance of being first female CEO

"A CFO’s integrity must be beyond reproach," according to RBC

Fortune

Mark Rylance among actors calling on Old Vic to cut links with fossil fuel investor

Paapa Essiedu and Stephen Dillane also sign open letter urging theatre to end Royal Bank of Canada’s support over its shares in fuel and arms

The Guardian - UK

History shows stocks go up after Wall Street’s fear index hits these levels, argues RBC

Data suggests once the VIX breaks above 35 points, the S&P 500 index has historically rallied by nearly 29% on average over the following twelve months.

Fortune

1 Biotech Stock Under $10 That Could Surge 420%

Down 84% from all-time highs, Compass Pathways is a beaten-down biotech stock that trades at a massive discount to consensus price target estimates in 2024.

Barchart

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Barchart

Grab This Lithium Stock Now for Massive Growth Potential

As lithium prices look to form a meaningful recovery, this newly created integrated lithium giant presents substantial upside potential.

Barchart

Palo Alto Networks Stock Still Looks Cheap to Analysts - Shorting OTM Puts Makes Sense Here

Palo Alto Networks stock is still undervalued according to analysts' price targets. It continues to make sense to short out-of-the-money put options for investors to gain income and set a buy-in target.

Tom’s Hardware

Russia continues work on homegrown game console despite technology and scale issues

Russian ministry began to search for a company that would develop a domestic game console, or at least a Steam Deck analog.

Barchart

Buy the Dip in This Biotech After Negative FDA News, Says Analyst

MindMed is a high-flying pre-revenue company that has more than doubled investor returns in the last 12 months.

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USA Today Sports Media Group

Robert MacIntyre didn’t like the buzzing of the CBS drone one bit and let them know at 2024 RBC Canadian Open

The big wasp in the sky failed to sting MacIntyre on Sunday.

USA Today Sports Media Group

RBC Canadian Open 2024 Saturday third round tee times, PGA Tour pairings and how to watch

The purse this week is $9.1 million with $1.638 million going to the winner.

USA Today Sports Media Group

Photos: RBC Canadian Open 2024 at Hamilton Golf & Country Club

Check out the scenes north of the border.

Barchart

S&P Futures Muted as Investors Weigh Interest Rate Outlook

June S&P 500 E-Mini futures (ESM24) are trending down -0.05% this morning as warnings from a series of Federal Reserve officials prompted investors to reassess their expectations regarding interest rate cuts this year.

Barchart

S&P Futures Muted as Investors Pare Back Rate Cut Bets

Golf Monthly

Key PGA Tour Sponsor Calls For Urgent Stability In Men's Professional Game

RBC, which sponsors two high-profile PGA Tour events, want to see men's professional golf get back on track sooner rather than later

Barchart

1 EV Charging Stock With 153% Upside Potential

With EVGO's impressive first quarter performance, ambitious profitability targets, and strategic positioning in the rapidly growing EV charging market, could this be the charging stock that finally delivers a jolt to investors' portfolios?

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