Banking Bank Stocks End Tough Quarter with Gains As Sector Stabilizes Despite Outflows from Savings Accounts
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JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.MarketWatch - Business -
Bishop investigated over misleading accounts claim
Bishop Anne Dyer, who was suspended in 2022 over allegations of bullying, denies the new claims.BBC News - Top stories -
NBA playoffs: Timberwolves cruise past Suns for 2-0 lead despite off night from Anthony Edwards, Karl-Anthony Towns
The Timberwolves are rolling even when their All-Stars struggle.Yahoo Sports - Sports - NBA -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Hawaiian scientist quests to find and save the state’s native sugarcanes
Sugarcane biodiversity disappeared as big plantations dominated the sugar trade in Hawaii, but now native varieties are making a comeback. . Noa Kekuewa Lincoln remembers when he first encountered native Hawaiian sugarcane in 2004. The fresh ...The Guardian - World -
SK Hynix Returns to Net Profit After Five-Quarter Losing Streak
The company is gaining from the artificial-intelligence boom that has boosted demand for more advanced and high-end memory chips.The Wall Street Journal - Tech -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
Google says it will miss target for ending third-party cookies
Google said Tuesday that it will no longer be able to complete its phaseout of third-party cookies by the end of 2024. “We recognize that there are ongoing challenges related to reconciling divergent feedback from the industry, regulators and ...The Hill - Politics - Google -
Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Pope Francis says "a negotiated peace is better than a war without end"
In an exclusive interview with CBS News' Norah O'Donnell, Pope Francis called for "negotiated peace" in Ukraine and Gaza, noting the devastating effects war has on children.CBS News - World -
Pope Francis says "a negotiated peace is better than a war without end"
In an exclusive interview with CBS News' Norah O'Donnell, Pope Francis called for "negotiated peace" in Ukraine and Gaza, noting the devastating effects war has on children.CBS News - Top stories -
Pope Francis says "negotiated peace is better than a war without end"
Pope Francis called for countries at war to negotiate in an exclusive interview with "CBS Evening News" anchor and managing editor Norah O'Donnell in Rome. "A negotiated peace is better than a war without end," the pontiff said. "Look to ...CBS News - World -
Pope Francis says "negotiated peace is better than a war without end"
Pope Francis called for countries at war to negotiate in an exclusive interview with "CBS Evening News" anchor and managing editor Norah O'Donnell in Rome. "A negotiated peace is better than a war without end," the pontiff said. "Look to ...CBS News - Top stories -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - Business - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - Business - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
A day later, 'The Save' still had Panthers marveling at Bobrovsky's NHL playoff heroics
In the moment, The Save kept the game tiedABC News - Sports - NHL -
Cowboys place surprise designation on Micah Parsons' fifth-year option to save $3 million
Parsons played predominantly along the defensive line in 2023 despite Dallas officially listing him as a linebackerCBS Sports - Sports - NFL -
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.CNBC - Business -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
NBA Playoffs: Mavericks even series despite return of Clippers star Kawhi Leonard
Kawhi Leonard was available for Tuesday's playoff game. Unfortunately for the Clippers, so was Luka Dončić.Yahoo Sports - Sports - NBA -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
Nikkei Down 1.2%, Dragged by Electronics, Machinery Stocks
Japanese stocks were lower, dragged by falls in electronics and machinery stocks, as uncertainty continues about the Fed’s policy outlook and tensions in the Middle East.The Wall Street Journal - World -
Francisco Lindor slugs a pair of 2-run homers and Mets end 3-game skid with 8-2 win over Giants
Francisco Lindor hit a pair of two-run homers and the New York Mets avoided a three-game series sweep with an 8-2 win over the San Francisco GiantsABC News - Sports - MLB -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business