Business
- BusinessBloomberg
Goldman Tops Investment Banks Reaping Windfall in Tokyo Trading
(Bloomberg) -- Goldman Sachs Group Inc. led major investment banks posting higher profits in Japan as bond trading boomed, offering a cushion last year in an otherwise tough environment globally.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatNet income at the Wall Street firm
2 min read - BusinessRetail Banker International
QualityKiosk to develop Commercial Bank of Dubai’s Testing Centre of Excellence
Initiative is part of the bank’s technology strategy refresh initiative
1 min read - BusinessAFP
Apple apologizes for iPad 'Crush' ad after backlash
Apple apologized on Thursday after an ad for its latest-edition iPad caused an uproar for showing an industrial press crushing objects linked to human creativity, infuriating artists.At the end, the press pulls back and reveals Apple's latest tablet, the iPad Pro, touted as ultra-thin.
2 min read - BusinessInsider Monkey
15 Biggest Latin American Banks
In this article, we will look at the 15 biggest Latin American banks. If you wish to skip our detailed analysis, you can go directly to 5 Biggest Latin American Banks. Economic Overview of Latin America Latin America experienced sluggish growth in 2023, with increasing inflation, turbulence in the global economic climate, and constricted financial […]
8 min read - BusinessBloomberg
Sabadell Accuses BBVA of Breaking Rules With $12 Billion Offer
(Bloomberg) -- Banco de Sabadell SA accused Banco Bilbao Vizcaya Argentaria SA of breaching Spanish laws governing tender offers with its hostile takeover bid, as tensions mount between the two lenders.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatBBVA’s bid announced Thursd
1 min read - BusinessAssociated Press Finance
Salad chain says a cleaner farming method will offset adding steak to its menu. What is it?
Salad chain Sweetgreen is adding steak to its menu, an announcement that led to strong reactions online, with customers questioning how that would impact the company’s carbon neutral plans. Founded in 2007 and known as a fast-casual spot serving salads and bowls, Sweetgreen says it will be carbon neutral by 2027 — meaning it plans to offset its own emissions by putting in place strategies that also remove carbon from the atmosphere. Sweetgreen’s rationale for the controversial caramelized, gar
3 min read - BusinessMotley Fool
Why Sinclair Stock Was Soaring Today
Sinclair delivered a strong earnings report with solid profits.
3 min read - BusinessBloomberg
California Adopts One of Nation’s Highest Fixed-Utility Fees
(Bloomberg) -- California regulators voted to impose one of the country’s highest monthly fixed-utility fees in a sweeping bid to change how customers in the Golden State pay for electricity.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatUtilities owned by PG&E Corp., Edison
2 min read - USLA Times
Ohtani's ex-interpreter reportedly wired money to 'Real Housewives' star to pay gambling debts
Ryan Boyanjian, a 'Real Housewives of Orange County' star, is reportedly 'Associate 1' in the criminal case against Shohei Ohtani's former interpreter, Ippei Mizuhara.
2 min read - LifestyleMotorious
Landlord Damages Toy Car Collection
And a judge has ordered him to pay $15,000!
2 min read - BusinessBloomberg
Foreign Treasury Holdings Hint at Yen Intervention Funding
(Bloomberg) -- Fresh data on the Federal Reserve’s various accounts hints at how Japanese policy makers may have further funded currency interventions to bolster the beleaguered yen. Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatCentral banks’ holdings of US securities fell
2 min read - USLA Times
LAist staffers offered buyouts ahead of possible layoffs at public radio station
Staffers at LAist have been offered buyouts ahead of a possible round of layoffs. The local public radio station has cited 'a significant budget shortfall.'
3 min read - USWHIO
Lt. Governor Jon Husted visits local career center for ‘In-Demand Jobs Week’
Ohio wants to make it easier for people to find jobs they are qualified for. That’s the goal of “In-Demand Jobs Week.”
1 min read - USUSA TODAY
4 flight attendants arrested after allegedly smuggling drug money from NYC to Dominican Republic
Four flight attendants were taken into custody after an investigation revealed a drug-smuggling operation from New York to the Dominican Republic.
3 min read - BusinessThe Hollywood Reporter
Art Directors Guild Pauses Training Program Amid Industry Challenges
The Art Directors Guild has paused a training program intended to hone the next generation of production designers and art directors amid industry turbulence in 2024, The Hollywood Reporter has confirmed. The program, called the Production Design Initiative, is set to return in 2025. “This temporary pause in our PDI program during a year of …
3 min read - BusinessBloomberg
Aussie Favored in FX Trades, But With Dollar Out of Equation
(Bloomberg) -- Investors should buy the Australian dollar versus currencies like euro and Swiss franc, a strategy that benefits from a tighter Reserve Bank policy and minimizes risks associated with the greenback.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatThat’s the view
3 min read - BusinessTechCrunch
Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse
TabaPay has abandoned its plans to purchase the assets of troubled banking-as-a-service startup Synapse, TabaPay confirmed to TechCrunch today. Synapse says the problem is banking partner Evolve Bank & Trust. Meanwhile, another player in the saga, Mercury, says Synapse's allegations have "no merit."
5 min read - BusinessStockStory
E.W. Scripps (NASDAQ:SSP) Misses Q1 Sales Targets
Media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP) fell short of analysts' expectations in Q1 CY2024, with revenue up 6.4% year on year to $561.5 million. It made a GAAP loss of $0.15 per share, improving from its loss of $0.37 per share in the same quarter last year.
4 min read - WorldBBC
Post Office 'misled and deceived me' says key lawyer
Simon Clarke tells inquiry when he realised expert knew of IT bugs and how he helped halt Horizon prosecutions.
4 min read - BusinessWKRG
Gov. Kay Ivey recognizes Mobile based company with excellence award
MOBILE, Ala. (WKRG) — A chemicals company with a site based in Mobile has received a reward that “recognizes the positive impact of global trade on the regional economy,” according to a press release. Governor Kay Ivery awarded Evonik, “one of the world leaders in specialty chemicals,” with the Governor’s Trade Excellence Award during a […]
1 min read - TechnologyDigital Trends
The ROG Ally X is official — and it sounds like a huge upgrade
Asus is ready to release the next version of the ROG Ally, and we already have a sneak peak at the updates in store.
2 min read - BusinessBenzinga
7 REITs Receive Analyst Upgrades In The First Week Of May
Analyst upgrades are always welcome news for investors because upgrades trigger buying activity which supports share price appreciation. It looks like Analysts are feeling better about the future direction of interest rates and interest-sensitive stocks such as real estate investment trusts (REITs) because, this week, seven different REITs across five different subsectors have received analyst upgrades. Sunstone Hotel Investors Inc (NYSE:SHO) is an Aliso Viejo, CA-based Hotel REIT with 6675 room
7 min read - BusinessCNN Business
US regulators are looking at potential ‘bait and switch’ schemes with airline-affiliated credit card reward points
If you use a points-and-rewards credit card offered by an airline in partnership with a big bank, how much are the points you’ve accrued worth in dollars? And how much do you need to spend to get the best rewards?
3 min read - BusinessBenzinga
FAA Oversight Under Scrutiny After United Airlines Mishaps
U.S. Transportation Department's Office of Inspector General said it is set to audit the Federal Aviation Administration's (FAA) oversight of air carrier maintenance at United Airlines Holdings Inc. (NASDAQ:UAL). The watchdog will evaluate the FAA's actions to address maintenance non-compliances and violations at the air carrier. This inspection by the inspector general marks the latest in a series of audits evaluating the FAA's oversight of maintenance operations at airlines, including Southwes
2 min read - BusinessYahoo Personal Finance
What is Zelle, and is it safe to use?
Zelle is a peer-to-peer payment app that allows you to send and receive money within minutes. So how does it work — and is it safe?
6 min read - BusinessBloomberg
Power Supplier Calpine’s Owners Explore Sale, Reuters Says
(Bloomberg) -- The owners of power-plant giant Calpine Corp. are considering options that include a sale, an initial public offering or a stake divestment that would value the company at $30 billion including debt, Reuters reports.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: Defe
1 min read - BusinessBloomberg
S&P 500 Is Back to 5,200 as Traders Ride Momentum: Markets Wrap
(Bloomberg) -- The stock market climbed to its highest level since early April, extending a rebound that’s been fueled by speculation the Federal Reserve will be able to cut interest rates this year.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatEquities rose as higher-than-e
6 min read - USKTVX
Tim Ballard’s wife dismissed from lawsuit over ‘couple’s ruse’ over lack of evidence
Katherine Ballard, the wife of Operation Underground Railroad (OUR) founder Tim Ballard, has been dismissed from a civil lawsuit linked to accusations of grooming and abuse inside the anti-sex trafficking organization.
2 min read - USDaily Commercial
New Lincoln Park Education Center in Clermont to open this fall; open enrollment starting
The Lincoln Park Education Center, a new school in the Lake County School system, will be hosting open enrollment on Monday, May 13. Learn more here.
3 min read - USIowa Capital Dispatch
Prosecutor with Auto-Brewery Syndrome departs; open-meetings lawsuit dropped
Palo Alto County’s decision to eliminate the job of a prosecutor whose license was suspended in 2023 has resulted in a severance agreement, a lawsuit alleging open-meetings violations, and a dispute over unemployment benefits. “It’s all kind of a mess and that is all that I am going to say about it,” said County Supervisor […] The post Prosecutor with Auto-Brewery Syndrome departs; open-meetings lawsuit dropped appeared first on Iowa Capital Dispatch.
5 min read - USFreightWaves
NTSB to deliver findings on FedEx-Southwest near miss
The NTSB is now investigating two incidents involving FedEx Boeing 767 cargo jets, one in Texas and the other in Turkey this week when a plane landed on its nose. The post NTSB to deliver findings on FedEx-Southwest near miss appeared first on FreightWaves.
3 min read - BusinessInsider Monkey
20 Largest Banks in the US by Customers
In this article, we will look at the 20 largest banks in the US by customers. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Customers. Banking Industry in the US: An Overview The failure of prominent US banks including Silicon Valley Bank (SVB), […]
11 min read - BusinessReuters
SEC investigating Boeing's statements on its safety practices, Bloomberg News reports
The SEC will examine whether the planemaker or its executives misled investors in violation of the Wall Street regulator's rules, the report said, citing three people familiar with the development. Boeing and the SEC declined Reuters requests for comment. The SEC probe comes after the FAA launched its own investigation in April after a Boeing whistleblower claimed the company had disregarded safety and quality concerns in the production of its 787 and 777 jets.
1 min read - BusinessiProfesional
29 Best Casinos Not on GamStop in the UK - Top Non Gamstop Casinos in 2024
29 Best Casinos Not on GamStop in the UK - Top Non Gamstop Casinos in 2024
31 min read - BusinessBloomberg
Norfolk Southern Defeats Activist Attempt to Sack Rail CEO
(Bloomberg) -- Norfolk Southern Corp. investors backed a majority of its board nominees, a win for Chief Executive Officer Alan Shaw in a bitter fight with an activist intent on throwing out the railroad’s leaders.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatShaw was among
3 min read - BusinessCoinDesk
Protocol Village: Euclid, Cross-Chain Liquidity Infrastructure Powered by Nibiru, Emerges From Stealth
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.
5 min read - USColumbus Ledger-Enquirer
No more grits or waffles at this Columbus Waffle House location that will close soon
This longtime Southern restaurant chain has locations all over Columbus. But one of them will soon be closed for good.
1 min read - OpinionCoinDesk
How the U.S. Should Regulate Stablecoins
To properly regulate stablecoins in the U.S., look at e-money abroad, says Marcelo Prates, a speaker at Consensus 2024.
6 min read - TechnologyDigital Trends
Best desktop computer deals: The cheapest PC deals today
If you need a new PC, you should check out the desktop computer deals that we've rounded up here, ranging from affordable devices to high-end gaming machines.
9 min read - BusinessBloomberg
US Leveraged Loan Funds See Biggest Weekly Inflows in Two Years
(Bloomberg) -- Funds that invest in US leveraged loans took in $2.04 billion of cash for the week ended May 8, as markets received a boost from Federal Reserve Chair Jerome Powell’s recent comments on the central bank’s interest rate path. Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deser
1 min read - WorldHilton Head Island Packet
How many Hilton Head town employees live on the island? Here’s a hint: the majority don’t
We’ll let you know how many of your administrators live on the island, and give the breakdown by job type.
2 min read - BusinessBloomberg
Boeing’s Safety Claims Probed by SEC After Panel Blew Off Plane
(Bloomberg) -- The US Securities and Exchange Commission is scrutinizing statements that Boeing Co. made about its safety practices following a near-tragic January accident aboard one of its 737 Max 9 planes.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatThe SEC investigation
2 min read - BusinessFootwear News
Brazil’s Arezzo & Co. Sold 4.6 Million Pairs of Shoes in Q1, as Company Reports ‘Robust Growth’ in the Period
Net sales in the first quarter of 2024 increased 4.6 percent to 1.07 billion reals ($210 million) from 1.03 billion reals at the same time last year.
2 min read - BusinessBloomberg
Private Credit Stress Brings Anxiety, Opportunity to Milken
(Bloomberg) -- Private credit managers are bracing for an uptick in stress across corporate America as higher interest rates for longer mean some companies will struggle with their debt loads.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatWall Street heavyweights gathered in
7 min read - BusinessFortune
Apple ad obliterates the tools of human creativity with a hydraulic press to hype its ‘thinnest product yet.’ Offended consumers flipped it to make a less ‘horrific corporate nightmare’
The spot appears to be having the unintended effect of turning people off their devices: “This ad effectively convinced me I need less technology in my life,” a user posted on X.
6 min read - BusinessSean Kernan
I'll Never Work For A Greedy Boss Again
I’d taken up a new job doing home installations at a local fitness equipment company, where we were paid minimum wage — and then got tips after we visited homes. Now, before we go any further, these tips were usually minimal, and didn’t justify the work we were doing. But I was happy to be employed. I needed the money more than ever, and liked having a schedule.
7 min read - BusinessBBC
Electric Ireland pulls out of NI residential electricity market
The firm's 53,000 customers do not have to take any urgent action but will have to move supplier.
2 min read - BusinessHousingWire
Top indie firm Portside acquires another brokerage in Central Maine
Portside Real Estate Group, led by Dava Davin, has acquired Lakepoint Real Estate, led by industry veteran Dan McCarron.
2 min read - BusinessBloomberg
Oil Ticks Higher Amid Technical Support, Drop in Stockpiles
(Bloomberg) -- Oil edged higher as key technical levels provided a floor for losses while investors digested a mixed US inventories report. Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatWest Texas Intermediate rose 0.3% to settle above $79 a barrel after a monthlong slide th
1 min read - BusinessBusiness Insider
Delta has the best first class and Southwest has the best economy seats — see JD Power's airline rankings
Delta Air Lines has reclaimed its crown as passengers' No. 1 pick for first class seats, according to JD Power's 2024 airline rankings.
3 min read
