Khanna Money from Silicon Valley Bank Stock Sale Should Be Given to the Depositors
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In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - 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 -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Stocks are tumbling. But these 2 portfolio holdings should be defying the slide
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Stocks are tumbling. But these 2 portfolio holdings should be defying the slide
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
5 Takeaways from David Pecker’s Testimony in Trump’s Hush-Money Trial
David Pecker told jurors of a universe in which favors for celebrities were demanded and dispensed. His cross-examination will continue Friday.The New York Times - Top stories - Donald Trump -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business -
McConnell says presidents should not be immune from criminal prosecution for things done in office
Senate Minority Leader Mitch McConnell (R-Ky.) tells Kristen Welker that he stands by saying that former presidents are “not immune from being held accountable” in 2021.NBC News - Politics -
Trump to campaign in Wisconsin and Michigan next week during off day from hush money trial
Former President Trump will hold campaign events next week in Wisconsin and Michigan, marking the first time he will use a day off from his hush money trial in New York City to visit a battleground state. Trump will head to Waukesha next ...The Hill - Politics - Donald Trump -
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 -
WATCH: TSA explosives detection canine given party to celebrate retirement
Messi, the TSA explosives detection canine, had a retirement party in Ronald Reagan Washington National Airport complete with over a dozen tennis balls, a bubble machine, party hat and cupcake.ABC News - Top stories -
WATCH: Tourists flock to see Death Valley in bloom
Gorgeous fields of wildflowers are taking over California with bright yellow daisies even popping up in Death Valley, the driest and hottest place in America.ABC News - Top stories -
Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.CNBC - Business -
Watch Rickie Fowler ace the third hole at Pine Valley
Fowler's hole-in-one was recorded while he was playing with Justin Thomas at the top-ranked club.Yahoo Sports - Sports -
Chinese student given 9-month prison sentence for harassing person posting democracy leaflets
The U.S. Attorney's office says a Chinese former student at Boston's Berklee College of Music has been sentenced to nine months in prison for stalking and threatening a person who posted a flyer in support of democracy in the Asian countryABC News - Top stories -
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 -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - Business -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
Sainsbury's: Almost everyone now shops in store
Nearly 90% of business now comes from its stores, the retailer says, as it reports a rise in food sales.BBC News - Top stories -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - Business -
7 Excellent Video Games That Should Be Adapted Into Movies
For the past year, fans have enjoyed stellar adaptations of their favorite video games such as Emmy-nominated HBO's The Last of Us, The Super Mario Bros. Movie, and most recently Prime Video's Fallout. With the latter officially greenlit for a ...GameSpot - Tech - Video Game -
Agent's Take: Should Patriots trade No. 3 pick? Potential deals New England should consider in 2024 NFL Draft
If these teams come calling, the Patriots should be listeningCBS Sports - Sports - NFL -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Testimony ends for the day in Trump hush money trial
The prosecution continued to question x-publisher of the National Enquirer David Pecker as Donald Trump sat in a New York courtroom Thursday for his criminal hush money trial. Follow here for the latest live news updates from court, analysis and ...CNN - Top stories - Donald Trump -
Testimony resumes in Trump "hush money" trial
Former National Enquirer publisher David Pecker will be back on the stand Thursday in Donald Trump's New York criminal trial. The judge in the case has yet to decide if the former president will be held in contempt for violating a gag order. ...CBS News - Top stories - Donald Trump -
New testimony in Trump "hush money" trial
Testimony continued Thursday in former President Donald Trump's criminal "hush money" trial. David Pecker, the former publisher of the National Enquirer, detailed alleged efforts to suppress stories involving adult film star Stormy Daniels. CBS ...CBS News - Top stories - Donald Trump -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Salesforce Unveils New Feature to Boost Sales Productivity
Salesforce's new Slack community, Salesblazer, is up and running.Inc. - Business -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
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 -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
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 -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World