Business

Who wins in the City National bank sale

Royal Bank of Canada's purchase of City National Corp., the priciest bank deal since the financial crisis, will create major expansion opportunities for the L.A. banking firm's key businesses — wealth management, entertainment services, private and commercial banking.

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Progress reported in West Coast port talks

An employer group representing shipping lines and West Coast port terminals said it has reached a tentative agreement with the dockworkers union on a major issue in contentious contract negotiations.

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Money Talk with Liz Weston

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