Bank Regulators Were Asleep at the Wheel Their Wake Up Call Is Overdue
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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 -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - Business -
Banks pay savers more as ‘higher-for-longer’ rates hit interest income
US lenders are having to fight to keep depositors from leaving with no Fed rate cuts in sightFinancial Times - World -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - World -
Federal auto-safety regulators are examining the adequacy of Tesla's recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.
Federal auto-safety regulators are examining the adequacy of Tesla’s recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.The Wall Street Journal - World -
'On Giving Up' Review: Taking No Sides
To give up can mean to quit a habit, such as smoking, or to lose enthusiasm for living. What connects these notions philosophically?The Wall Street Journal - World -
Ryan Garcia claims pre-fight antics were all a ruse; Oscar De La Hoya says 'King Ry' won't fight at 140 again
Garcia and his promoter have some big plans after their big win this past weekendCBS Sports - Sports -
Rudy Giuliani and Mark Meadows were indicted, along with 16 others, in Arizona for their alleged efforts to overturn Trump's November 2020 election defeat in the state.
Rudy Giuliani and Mark Meadows were indicted, along with 16 others, in Arizona for their alleged efforts to overturn Trump’s November 2020 election defeat in the state.The Wall Street Journal - World -
‘We were all set to enjoy our retirement’: My son invested in startups and we bailed him out with $100,000. What now?
“When we agreed to help, it was with the understanding that this debt would be paid back with his share of inheritance.”MarketWatch - Business -
2024 NFL Draft: Kirk Cousins had no idea the Falcons were going to take QB Michael Penix Jr. in Round 1
Cousins' agent confirmed their camp 'had no idea this was coming'CBS Sports - Sports - NFL -
‘We were all set to enjoy our retirement’: My son invested in startups and we bailed him out with $100,000. What now?
“When we agreed to help, it was with the understanding that this debt would be paid back with his share of inheritance.”MarketWatch - Business -
Tensions ratchet up between China and the west
Also in this newsletter: new weapons for Ukraine, German recovery, the value of loyaltyFinancial Times - World - China -
Bengals pick up option on WR Chase for '25
The Bengals have picked up the fifth-year option on Ja'Marr Chase's rookie deal that will be worth an estimated $21.8 million for the 2025 season.ESPN - Sports - NFL -
Now It's Up to Europe to Take the Lead in Ukraine
Continental security can no longer be outsourced to the U.S., which may soon have other wars to fight.The Wall Street Journal - World - Ukraine -
Up to 100 pilot whales stranded in Western Australia
Yahoo News - World - Australia -
Chris Mason: Parties squabble over policy pledges as elections loom
Political leaders fight for headlines ahead of local elections, leading to rumours of a general election.BBC News - Top stories -
Vikings move up one spot for J.J. McCarthy
Minnesota makes its highest pick ever on a QB, getting McCarthy at 10th overall.Yahoo Sports - Sports - NFL -
Embiid puts up 50, reveals Bell's palsy diagnosis
Joel Embiid scored 50 points to lead the 76ers to a needed Game 3 win over the Knicks and afterward addressed his recent diagnosis with a condition that has affected the left side of his face.ESPN - Sports -
Chiefs trade up to No. 28, draft Xavier Worthy
Two of the top teams in the AFC made a trade late in the first round of the 2024 NFL draft, and it resulted in the Super Bowl champions getting the fastest player in Scouting Combine history.Yahoo Sports - Sports - NFL -
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 -
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 -
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 -
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 -
Treasures From the Titanic Are Up for Auction, Exciting Collectors
Numerous artifacts from the Titanic, including a violin case, are up for auction this weekend in England. Collectors are ready to pounce.The New York Times - World -
'Different' England can 'dial up' for Grand Slam
England face France in Bordeaux on Saturday in a third Women's Six Nations Grand Slam decider in a row.BBC News - Top stories -
These Adorable Final Fantasy Totes and Pouches Are Up For Preorder
It makes sense that a long-running franchise like Final Fantasy would have plenty of merch for fans to buy. But while a lot of it is just for show, there's plenty of more practical stuff available as well, like these cute tote bags, small pouches ...GameSpot - Tech -
Premier League: Havertz adds Arsenal third at Spurs
Listen to BBC radio coverage and follow live text commentary as Tottenham face Arsenal, plus two more games in the Premier League.BBC News - Top stories - Premier League -
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 -
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 -
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 -
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 -
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 -
Deutsche Bank expects fewer U.S. commercial real estate provisions in second half
Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.MarketWatch - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Frankie Capan III shoots 58, breaks Scottie Scheffler's record at Veritex Bank Championship on Korn Ferry Tour
Capan had the chance to go even lower at Texas Rangers Golf Club on ThursdayCBS Sports - Sports -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Bears banking on Caleb Williams after taking the 2022 Heisman winner with No. 1 pick in NFL draft
The Chicago Bears did exactly as expected by taking USC star Caleb Williams with the No. 1 pick in the NFL draftABC News - Sports - NFL