Silicon Valley Bank Closure Yellen Says Banking System Resilient As She Meets with Regulators
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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 -
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 -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Nikkei Falls 2.2%, Dragged by Electronics, Machinery Stocks
Japanese stocks ended lower, dragged by electronics, machinery and auto shares, amid uncertainty over tensions in the Middle East and caution ahead of the Bank of Japan’s policy decision Friday.The Wall Street Journal - 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 posts better-than-expected profit in first quarter amid investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Australian Journalist Says She Had No Choice But to Leave India
Avani Dias said that she had been denied a visa renewal for weeks because of her reporting on the Sikh separatist movement. Indian officials disputed her account.The New York Times - World - Australia -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
Say goodbye to your iPhone? Maybe, if antitrust regulators have their way
Make no mistake: Enforcing antitrust law and protecting consumers from large companies’ abuses is important. But it must be done carefully.The Hill - Politics -
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 -
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 -
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 -
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 -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
Dassault Systemes Full Year on Target After Profit Rise
Dassault Systemes confirmed its full-year financial forecasts after posting a 5% increase in operating profits for the first three months.The Wall Street Journal - World -
Dassault Systemes Full Year on Target After Profit Rise
Dassault Systemes confirmed its full-year financial forecasts after posting a 5% increase in operating profits for the first three months.The Wall Street Journal - Business -
Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain
The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harmABC News - Tech -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI
Tech giant Cisco Systems has joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethicallyABC News - World -
Josef Newgarden stripped of season-opening IndyCar victory for manipulating push-to-pass system
Josef Newgarden has been stripped of his win in IndyCar’s season-opening race at St. Petersburg because Team Penske manipulated its push-to-pass system during the race, making Pato O’Ward the winnerABC News - Sports -
‘Every day I cry’: 50 women talk about life as a domestic worker under the Gulf’s kafala system
Denounced as giving a ‘veneer of legality to slaveholding’ and despite claims of reform, kafala laws persist, allowing bosses to abuse women, who vanish from society. This is their testimony, gathered over two years in a Guardian investigation. ...The Guardian - World -
Biden meets with 4-year-old American who was held hostage by Hamas
President Biden met at the White House Wednesday with Abigail Edan, a 4-year-old who was held by Hamas in Gaza and was released last November as part of a hostage deal. White House national security adviser Jake Sullivan told reporters the meeting ...The Hill - Politics - Joe Biden -
Biden meets 4-year-old who was held hostage by Hamas
Four-year-old Abigail Mor Edan was held by Hamas for 50 days and was the youngest American hostage released by Hamas.CBS News - Politics - Joe Biden -
Biden meets 4-year-old who was held hostage by Hamas
Four-year-old Abigail Mor Edan was held by Hamas for 50 days and was the youngest American hostage released by Hamas.CBS News - Top stories - Joe Biden -
Family members of Boeing 737 Max crash victims meet with Justice Dept.
The family members of victims of two fatal Boeing 737 Max crashes met with Justice Department officials Wednesday. CBS News senior transportation correspondent Kris Van Cleave explains what the families are hoping to achieve.CBS News - Top stories -
Meet Cait Bailey, Who Does PR for Alex Cooper, Alix Earle and Zayn Malik
The publicist is by the side of famous people like Zayn Malik, Alex Cooper and Alix Earle. She’s dating a famous chef. But she’d prefer to keep a low profile.The New York Times - Lifestyle -
Xavi reportedly changes course, opts to stay at Barcelona after meeting with club president Joan Laporta
The former Barcelona player announced in January that he would step down from the role at the end of the seasonCBS Sports - Sports -
Ezekiel Elliott free agency: Former Cowboys RB meeting with Dallas about potential reunion
Dallas released Elliott last offseasonCBS Sports - Sports - NFL -
'Do Not Use the Market as an Excuse' Says
NBC producer Kyle Scott and 'Million Dollar Listing' star Ryan Serhant just launched a new sales coaching business, Sell It, to teach the most important entrepreneurial skill--selling.Inc. - Business -
The Media Say Crime Is Going Down. Don't Believe It
The decline in reported crimes is a function of less reporting, not less crime.The Wall Street Journal - World -
Israel’s Invasion of Rafah Is All but Inevitable, Experts Say
Israel says an assault on Gaza’s southernmost city is vital to dismantling Hamas and has proposed evacuating civilians. But more than a million people have taken refuge in the city.The New York Times - World - Israel -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Trump Respects Women, Most Men Say
Women do not see it that way, and that could matter this fall.The New York Times - Top stories - Donald Trump -
College encampments grow nationwide: What students are saying
Protests calling for the divestment from Israeli military operations have continued to spread on college campuses throughout the country.ABC News - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - 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 -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine