Deep Dive 10 Banks That May Face Trouble in the Wake of the Svb Financial Group Debacle
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Many large U.S. cities are in deep financial trouble. Here's why
Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.CNBC - Business -
Regulators seized troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial.
Regulators seized troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial.The Wall Street Journal - World -
Regulators Seize Troubled Philadelphia Bank, Republic First
The bank had some of the same problems as the ones that failed in 2023.The Wall Street Journal - World -
Fulton Financial acquires Republic First Bank in latest regional-bank rescue
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Thames Water bondholders demand emergency summit with troubled group
Creditors holding £5bn of debt have been spooked by default of parent company this monthFinancial Times - Business -
Sizable Haley vote in Pennsylvania may signal trouble for Trump
Former United Nations Ambassador Nikki Haley won more than 16% of the vote in Pennsylvania's Republican primary on Tuesday despite no longer being in the 2024 race. Anthony Salvanto, Matt Gorman and Caitlin Huey-Burns join "America Decides" to ...CBS News - Top stories - Donald Trump -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - Business -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
Why South Africa is Anglo American’s ‘poison pill’
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the countryFinancial Times - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - Business -
In-home caregivers face financial distress despite state program
Sabrina Bishop, a live-in caregiver for an older man with advanced dementia, is just one of the many people in her profession facing financial challenges.CBS News - Top stories -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - 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 -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
A US citizen facing drug charges in Russia appears in court. His case was adjourned until mid-May
A U.S. citizen arrested on drug charges in Moscow amid soaring Russia-U.S. tensions has appeared in court and had his case adjourned until mid-MayABC News - World -
America's Economy Is No. 1. That Means Trouble.
Solid growth, big deficits and a strong dollar stir memories of past crises.The Wall Street Journal - World -
America's Economy Is No. 1. That Means Trouble
If you want a single number to capture America’s economic stature, here it is: This year, the U.S. will account for 26.3% of the global gross domestic product, the highest in almost two decades. That’s based on the latest projections from the ...The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Gain insight on SPDR Gold, Banco Bilbao Vizcaya Argentaria, Deutsche Bank, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Japan's Moon Lander Keeps Waking Up After It Was Supposed to Die
Yahoo News - World - Japan -
Youth mobility deal risks waking sleeping Brexit dogs
Also in this week’s newsletter, new border charges threaten to push up imported food pricesFinancial Times - World -
Willie Mays Fast Facts
Read Fast Facts from CNN about Hall of Famer Willie Mays.CNN - Top stories -
United Methodist Church grapples with deep divides over LGBTQ issues
Leaders of the United Methodist Church meet to determine its future over LGBTQ issues and dwindling membership.NBC News - Top stories -
Heat let it fly, torch Celts from deep in G2 upset
Miami caught fire Wednesday night by hitting a playoff franchise-record 23 3-pointers to even the series at 1-1.ESPN - Sports -
Deep-sea creature — with ‘rectangular’ shape — discovered as new species. Take a look
Yahoo News - World -
Chinese Financial Services Shares Gain on Consolidation Hopes
Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm.The Wall Street Journal - World - China -
Third witness puts Trump's financial web in spotlight
A banker's testimony allows the court to take a deep dive into the $130,000 payment made to Stormy Daniels.BBC News - Top stories - Donald Trump -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Maine governor signs off on new gun laws, mental health supports in wake of Lewiston shootings
Democratic Gov. Janet Mills on Friday signed off on a suite of gun safety legislation approved by lawmakers after the deadliest mass shooting in state history, expanding background checks for private sales of weapons, bolstering the state’s ...ABC News - Top stories -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Putin plans to visit China in May
Yahoo News - World - China