Powell Says Banking System Is Sound Following Svb Collapse
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Why Americans worry changes to the U.S. retirement system could upend their plans
When it comes to retirement, Americans worry about uncertainties they cannot control, like a higher cost of living or changes to the retirement system.CNBC - Business -
How a New Trial for Harvey Weinstein Could Again Test the Legal System
A new jury would hear from only one or both of the women whom he was convicted of assaulting, in what analysts say will be a much narrower and weaker case.The New York Times - Top stories -
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 -
Micron secures $13bn in US support to expand chipmaking capacity
Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips ActFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Additional temporary channel opens, Baltimore bridge collapse cleanup continues
A fourth temporary channel is opening for the Port of Baltimore one month after the Francis Scott Key Bridge collapsed. Two victims of the collapse still have not been recovered as crews continue to remove the wreckage. Col. Estee Pinchasin, ...CBS News - Top stories -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
Haiti's transitional government weighs future after 'collapse' of institutions
Haiti’s transition council took power in a ceremony on Thursday, formalizing the resignation of former Prime Minster Ariel Henry as the Caribbean country seeks to establish security after years of gang violence wreaking chaos and misery.NBC News - Top stories -
Tornadoes Strike Nebraska and Iowa, Injuring at Least 9
Storms destroyed homes and injured several people in Iowa and Nebraska, including in Omaha. A tornado also hit near Des Moines.The New York Times - Top stories -
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 -
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 -
Capital levels are a poor predictor of bank failure
Regulators should be embracing much more sophisticated measures of lenders’ healthFinancial Times - Business -
Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI
Tech giant Cisco Systems has joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethicallyABC News - World -
Josef Newgarden stripped of season-opening IndyCar victory for manipulating push-to-pass system
Josef Newgarden has been stripped of his win in IndyCar’s season-opening race at St. Petersburg because Team Penske manipulated its push-to-pass system during the race, making Pato O’Ward the winnerABC News - Sports -
‘Every day I cry’: 50 women talk about life as a domestic worker under the Gulf’s kafala system
Denounced as giving a ‘veneer of legality to slaveholding’ and despite claims of reform, kafala laws persist, allowing bosses to abuse women, who vanish from society. This is their testimony, gathered over two years in a Guardian investigation. ...The Guardian - World -
Billie Eilish, Green Day and other artists back bill that would reform live-event ticketing system
Billie Eilish, Green Day and Dave Matthews are among the 250 artists who signed a letter urging the Senate Commerce Committee to support the Fans First Act.NBC News - Top stories -
Max Scherzer calls for umpire relegation system as Rangers pitcher starts rehab: 'We need to rank the umpires'
Scherzer is working back from offseason back surgeryCBS Sports - Sports -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkABC News - Top stories -
As Alphabet follows Meta with a dividend, the pressure is now on Amazon
Dividends are a sign of maturing companies, but may also be a diversion for investors amid hefty capital spendingMarketWatch - Business -
Five-star G Fland following Calipari to Arkansas
Boogie Fland, the No. 2-ranked point guard in the 2024 class and No. 15 overall in the ESPN 100, decommitted from Kentucky earlier this month.ESPN - Sports -
NFL Draft: Undrafted free agent signings include Frank Gore Jr. to Bills, Sam Hartman to Commanders
The NFL Draft is over, but there's still news breaking. Stay updated with Yahoo Sports.Yahoo Sports - Sports - NFL -
People 'at increased risk of harm' following budget
Robin Swann said the funding would restrict the health department in "use of drugs and therapies".BBC News - Top stories