Bank Sector Stress Wanes
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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 -
Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.The New York Times - Business -
Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.The New York Times - Business -
Russia renews attacks on the Ukrainian energy sector
Russia has launched a barrage of missiles against Ukraine directed at energy facilitiesABC News - Top stories - Ukraine -
Russia renews attacks on the Ukrainian energy sector
Russia has launched a barrage of missiles against Ukraine directed at energy facilitiesABC News - World - Ukraine -
Labour plans to retain key private sector role in Britain’s nationalised railways
The party has no proposals for state involvement in the companies that own the trainsFinancial Times - World -
Labour plans to retain key private sector role in Britain’s nationalised railways
Party has no proposals for state involvement in companies that own trainsFinancial Times - Business -
Russia attacks Ukrainian energy sector as Kyiv launches drones
Russia has launched a barrage of missiles against Ukraine directed at energy facilities.CBS News - Top stories - Ukraine -
The federal government is abusing its power to target private-sector education providers
Efforts by the federal government to target private-sector opponents have seemed to follow a clear patternThe Hill - Politics -
Russia targets Ukrainian energy sector in latest round of attacks
Russia has launched missiles toward Ukraine in attacks that appear to be targeting the country’s energy sector, officials said. Ukraine’s air force said Saturday that Russia launched 34 missiles and they were able to intercede and shoot down 21 of ...The Hill - Politics - Ukraine -
Russia attacks Ukrainian energy sector as Kyiv launches drones
Russia has launched a barrage of missiles against Ukraine directed at energy facilities.CBS News - World - Ukraine -
Our government shouldn't use the public sector as a guinea pig for AI
With governments on pace to adopt more technology, it’s imperative that any new tools are thoroughly evaluated and tested before they are released into the world.The Hill - Politics -
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 -
Deloitte Study: Women Are More Stressed--but Hybrid Helps
A new report found that women still face many challenges at work, including high stress, microaggressions, and poor work-life balance.Inc. - Business -
Former Reddit CEO Ellen Pao says the tech sector’s DEI push is alive and well
Despite some signs of wavering commitment to corporate diversity, equity and inclusion initiatives, former Reddit CEO Ellen Pao is bullish on DEI in the tech space.MarketWatch - Business -
Activist wins Goldman prize for effort to clean up California trucking and railway sectors
Andrea Vidaurre helped persuade regulators to adopt rules that will improve air quality for millions in one of US’s smoggiest areas. A grassroots organizer from one of the US’s smoggiest communities has been awarded the prestigious Goldman prize ...The Guardian - World - California -
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 -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Top stories -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Politics -
You’ve Been Dealing with Stress All Wrong, According to Neuroscience
Common advice on how to counter stress can keep you stuck in an unhealthy stress loop.Inc. - Business -
‘Movement will persist’: Advocates stress Weinstein reversal doesn’t derail #MeToo
Harvey Weinstein's accusers and their advocates were shocked and angered by an appellate court’s decision to overturn the ex-movie mogul’s 2020 rape convictionABC News - Entertainment -
The ‘boring phone’: stressed-out gen Z ditch smartphones for dumbphones
The feature-free phone, launched at Milan design week, is the latest device to tap into young people’s concerns about attention-harvesting and data privacy. It’s almost enough to make you stop doomscrolling: dull devices are now cool.. The Boring ...The Guardian - World -
Stress-Testing Trump's Claims That the World Was Calmer on His Watch
There was no war on par with the current ones in Ukraine or Gaza, but there were sharp conflicts and some near crises during the Trump administration.The Wall Street Journal - World - Donald Trump -
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Insulin shortages ‘causing stress and anxiety’ for UK diabetes patients
Exclusive: ‘Distressing’ scarcity sowing uncertainty among 400,000 with type 1 diabetes, experts warn . People with type 1 diabetes are being forced to endure the “stress and anxiety” of insulin shortages, patients, pharmacists and health ...The Guardian - World - United Kingdom -
How some military children living with veterans become family caregivers
Hundreds of thousands of veterans have been diagnosed with PTSD. The children living with injured veterans are stepping up to help these wounded warriors and their families.CBS News - Top stories -
‘Movement will persist’: Advocates stress Weinstein reversal doesn’t derail #MeToo
Harvey Weinstein's accusers and their advocates were shocked and angered by an appellate court’s decision to overturn the ex-movie mogul’s 2020 rape convictionABC News - Entertainment -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
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 -
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 -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Harvey Weinstein’s rape conviction in New York overturned on appeal
State appeals court found mistakes in prosecution of former film mogul that gave momentum to #MeToo movementFinancial Times - Business - New York -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
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