Deposit Drain from Smaller Banks into Financial Giants Like Jpmorgan Chase Has Slowed Sources Say
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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 -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
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 -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - World - Russia -
Paramount and Skydance inch closer to a merger as key hurdle looms, sources say
Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.CNBC - Business -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
How athletes and entertainers like Shohei Ohtani get financially duped by those they trust
Athletes and entertainers lose money because they're inattentive, make risky investments and overspend on loved ones and expensive toys, financial experts say.Los Angeles Times - Entertainment -
EU military officer says a frigate has destroyed a drone launched from Yemen's Houthi-held areas
A top European Union top military officer says a frigate that’s part of an EU mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen controlled by Houthi rebelsABC News - World - European Union -
Cramer praises companies like Chipotle that can grow despite a slowing economy and inflation
CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.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 -
Giants' Snell scratched from start, placed on IL
The Giants scratched Blake Snell from his scheduled start Wednesday and placed the two-time Cy Young Award winner on the 15-day IL with a left adductor strain.ESPN - Sports - MLB -
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.NBC News - Top stories -
Lions agree to contract extensions with St. Brown and Sewell worth combined $200M, AP source says
The Detroit Lions have invested in their future, keeping a pair of All-Pro players under contract for the next five seasonsABC News - Sports -
ByteDance would shut down TikTok in US rather than sell it, sources say
App’s ‘secret source’ algorithm reportedly core to operations of parent company, which sources say make a sale highly unlikely. ByteDance would prefer to shut down TikTok rather than sell it if the Chinese company exhausts all legal options to ...The Guardian - World - Tiktok -
Eagles agree to three-year, $96 million extension with WR AJ Brown, AP source says
The Philadelphia Eagles and wide receiver AABC News - Sports - NFL -
Giants pass on QBs, say WR Nabers 'was our guy'
Giants GM Joe Schoen said the Giants are "comfortable" with their current group of quarterbacks and "ecstatic" about drafting Malik Nabers with the No. 6 pick Thursday.ESPN - Sports - NFL -
Cash-for-bottle deposit scheme delayed until 2027
The planned recycling scheme has been pushed back following disagreements between devolved administrations.BBC News - Top stories -
Microsoft Makes a New Push Into Smaller A.I. Systems
The company that has invested billions in generative A.I. pioneers like OpenAI says giant systems aren’t necessarily what everyone needs.The New York Times - Tech - Microsoft -
Where Giants go from here after Snell lands on injured list
Here's how the Giants plan to move forward after placing starting pitcher Blake Snell on the 15-day injured list.Yahoo Sports - Sports -
With the First Pick: Giants move up, take QB in latest mock draft, plus teams likely to trade up in Round 1
Everything you need to know around the NFL Draft for April 24CBS Sports - Sports - NFL -
Everything to know about the 2024 NFL Draft; Heat upset Celtics in Game 2
As always, expect the unexpected before the night endsCBS Sports - Sports - NFL -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Study says it's likely a warmer world made deadly Dubai downpours heavier
A new report says circumstantial evidence points to climate change as worsening the deadly deluge that flooded Dubai and surroundingsABC News - Tech -
Bird flu cases are likely being missed in dairy workers, experts say
Are cases of bird flu being missed in dairy workers? Experts say it's likely that there are some cases going unreported. Protecting dairy workers should be a top priority.NBC News - Top stories -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rivalFinancial Times - Business -
Humza Yousaf faces vote of no confidence after ending power sharing with Scottish Greens – UK politics live
First minister says deal ‘has served its purpose’ and is no longer providing stability in parliament . Humza Yousaf, the SNP leader and Scottish first minister, is holding a press conference now.. He says he has been in the post for little more ...The Guardian - World - United Kingdom -
As Liverpool run out of steam, title hopes evaporate at Everton
It appears Jurgen Klopp's players have switched off as Wednesday's loss practically ends Liverpool's title hopes.ESPN - Sports -
The guardian angels of the source of the Seine
Yahoo News - World -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
US has seen evidence of attempts by China to influence election, says Blinken
Secretary of state met Xi Jinping in Beijing and warned of sanctions over China’s support for Russian arms industry. Washington has seen evidence of attempts by Beijing to “influence and arguably interfere” in this year’s US elections, the ...The Guardian - World - China -
Planemaker Embraer CEO says supply chain has been improving
Yahoo News - World -
This job perk is like a 'cash bonus' — but you need a long-term strategy, experts say
Restricted stock units are a common type of equity compensation. Here's what to know about this popular employee benefit, according to experts.CNBC - Business -
Emma Stone says she would like to be called by her real name: Emily
Oscar winner reveals she would enjoy fans using her given name despite using Emma professionally. Her films have racked up more than $1bn at the box office and she has won two Oscars under her stage name, but Emma Stone says she would now prefer ...The Guardian - World -
BlackRock wants to make it easier to get paycheck-like income from your retirement savings
One of Americans' biggest retirement fears is running out of money. BlackRock hopes a new way to take paycheck-like withdrawals from investments may help.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 -
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