Banks Unlawfully Shared Information
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Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
Issa Amro’s Nonviolent Resistance in the West Bank
Issa Amro, who has been arrested and beaten for simple acts of defiance, is trying to pursue nonviolent resistance in the West Bank at a time when violence has become inescapable.The New York Times - Top stories -
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.CNBC - Business -
BBVA approaches Sabadell to create €70bn Spanish banking giant
Tie-up between two lenders would near valuation of SantanderFinancial Times - Business -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - Business -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - World -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - World -
She Was Convicted of Making a Bank Her Personal ATM---and Sentenced to Death
The case became one of the most high profile in a relentless anticorruption campaign in Vietnam dubbed the “Blazing Furnace.”The Wall Street Journal - World -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - World -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - Business -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - World -
China Vanke Shares Slump After Soft Results
The property developer’s shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.The Wall Street Journal - Business - China -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
TD Bank Sets Aside $450 Million for Possible U.S. Anti-Money Laundering Penalties
Canada’s second-largest bank by market capitalization said the provision is related to talks with one U.S. regulator.The Wall Street Journal - World -
HSBC Chief Executive Noel Quinnunexpectedly said he would retire, leaving the bank without a clear successor.
HSBC Chief Executive Noel Quinn unexpectedly said he would retire, leaving the bank without a clear successor.The Wall Street Journal - World -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Trump Media shares rise again, jump 50% in the past week
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.CNBC - Business - Donald Trump -
Tesla shares fall amid reports that Supercharger unit slashed
Tesla Inc. shares dropped Tuesday after the electric-vehicle maker reportedly cut hundreds of more jobs, including its entire Supercharger unit.MarketWatch - Business - Tesla -
South Korea considers joining alliance for sharing military technology
South Korean Defense Minister Shin Won-sik says his government is considering sharing advanced military technology with the United States, United Kingdom and Australia through the so-called AUKUS partnershipABC News - World - South Korea -
FCC fines wireless carriers for sharing user locations without consent
The Federal Communications Commission has leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers’ location data without their consentABC News - Tech -
SNP compared to Westminster Tories in vote of no confidence
Labour have brought the motion despite First Minister Humza Yousaf announcing his intention to resign.BBC News - Top stories -
Chinese Scientist Who Shared Covid Sequence Protests Lab Closure
Professor Zhang Yongzhen had flouted a government ban by disclosing the genome of the Covid virus soon after it emerged in Wuhan in 2020.The New York Times - World - Covid -
M.L.B. Executives Share the Most Important Lessons From the Season’s First Month
With some insights from key decision-makers, our expert unpacks a wacky April, starting with the biggest disappointments.The New York Times - Sports -
DJT shares crack $50 as Trump Media continues stock bounce back
Trump Media, owner of the Truth Social app, has seen a series of gains for its DJT ticker, even after majority shareholder Donald Trump earned extra shares.CNBC - Business - Donald Trump -
DJT shares crack $50 as Trump Media continues stock bounce back
Trump Media shares opened trading Wednesday higher, breaking the $50 per share threshold for the first time in nearly a month.NBC News - Top stories - Donald Trump -
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
Across all regions, Starbucks reported shrinking same-store sales and falling traffic.CNBC - Business -
Shares of two big online education stocks tank more than 10% as students use ChatGPT
Chegg and Coursera both sank more than 10% in trading Tuesday, a day after issuing disappointing guidance.CNBC - Business -
Book Review: Novelist Amy Tan shares love of the natural world in 'The Backyard Bird Chronicles'
Best-selling novelist Amy Tan of “The Joy Luck Club” fame combines entries from her nature journal with astonishing illustrations thanks to lessons in bird illustration in “The Backyard Bird Chronicles,” to share a birdwatching obsession that ...ABC News - Entertainment -
NASCAR, IndyCar legend Tony Stewart shares his newfound passion for drag racing
NASCAR and IndyCar legend Tony Stewart has found a new calling and love in drag racing, where success at 330 mph is in all things minuscule.ESPN - Sports -
Emotional Support Stuffed Animals or Blankets: Sharing Space With a Partner Who Has Stuffies or Blankies
Sharing a bed with a partner sometimes means making way for a beloved stuffed animal or blanket, too.The New York Times - Lifestyle -
DJT: Trump receives 36 million shares of Trump Media worth $1.8 billion as earnout bonus
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.CNBC - Business - Donald Trump -
Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team
Tesla is continuing a sweeping reorganization and laying off some 500 employees from its Supercharger team.CNBC - Business - Tesla -
Emotional Support Stuffed Animals or Blankets: Sharing Space With a Partner Who Has Stuffies or Blankies
Sharing a bed with a partner sometimes means making way for a beloved stuffed animal or blanket, too.The New York Times - Lifestyle -
NYCB shares jump after new CEO gives two-year plan for 'clear path to profitability'
CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.CNBC - Business -
CVS shares plummet 18% as health company slashes profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.CNBC - Business -
Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarks
Former President Donald Trump has secured another $1.8 billion worth of shares in Trump Media, according to a regulatory filing this weekABC News - Tech - Donald Trump