Regional Bank Shares Rebound
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Tornadoes devastate Midwest communities as severe weather strikes region again
A string of tornadoes this week has hit communities from Oklahoma to Michigan, leaving buildings in ruins and thousands without power across multiple states.CBS News - Top stories -
Shopify shares plunge 18% on weak guidance
The Canadian e-commerce company beat on the top and bottom line, but it gave downbeat guidance for the second quarter.CNBC - Business -
Mizuhara to plead guilty to felony bank, tax fraud
Ippei Mizuhara has agreed to plead guilty to felony bank fraud and submitting a false tax return after authorities found he stole nearly $17 million from Dodgers star Shohei Ohtani.ESPN - Sports -
Dow Edges Higher, Nasdaq Slips; Uber, Lyft Shares Diverge
U.S. stocks were mixed as first-quarter earnings season nears its end.The Wall Street Journal - World -
China and EU-candidate Serbia sign an agreement to build a 'shared future'
China and European Union candidate Serbia have signed an agreement to build a “shared future” between the two states, making the Balkan country the first in Europe to agree on such a document with BeijingABC News - World - China -
Tweens are obsessed with skin care. Experts share do's and don'ts
The trend of teens and tweens obsessing over skin care is "at its max," one dermatologist says.CBS News - Top stories -
In Serbia, Xi Underlines Close Ties With Ally That Shares Wariness of U.S.
Visiting friendly leaders in Eastern Europe, the Chinese president commemorated the 25th anniversary of a misdirected U.S. airstrike that destroyed China’s embassy in Belgrade.The New York Times - World -
Airbnb expects a stronger summer quarter, spurred by Olympics, but shares fall
Online vacation-rental platform Airbnb Inc. on Wednesday forecast second-quarter sales that were below Wall Street’s expectations, largely due to Easter falling in March this year, but the company said big events abroad like the Summer Olympics in ...MarketWatch - Business -
Arm shares drop as revenue forecast falls short despite AI boom
Lacklustre outlook raises concerns that spending on artificial intelligence chips could slowFinancial Times - Business -
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market tradingABC News - Tech -
China rally hasn’t been chased by options traders, Bank of America says
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.MarketWatch - Business - China -
Wells Fargo Hires Ex-JPMorgan Investment-Bank Boss Fernando Rivas
The San Francisco lender is focused on expanding its relatively small investment bank.The Wall Street Journal - World -
Reddit shares soar 11% after company reports revenue pop in debut earnings report
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.CNBC - Business -
After 200 years, women can join the Garrick. Now for the task of making it share power, not hoard it | Jemima Olchawski
Last night’s membership vote is a step in the right direction, but this remains a closed, elite institution. Britain’s “old boys’ club” suffered a blow last night. The Garrick Club – an exclusive gentlemen’s club in central London and relic of ...The Guardian - World