Regulation at Center of Senate Committee Debate over Bank Failures
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Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
Federal authorities say a “critical safety gap” in Tesla’s Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and “many others” resulting in serious injuries.NBC News - Top stories - Tesla -
Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.CNBC - Business - Tesla -
U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.The Wall Street Journal - Business -
Bernie Williams is back in center - only this time Lincoln Center for New York Philharmonic debut
After spending 16 years gaining fame while roaming the grass where Joe DiMaggio and Mickey Mantle once trod, Bernie Williams was on the stage made famous by Leonard Bernstein and where guitar great Andrés Segovia once playedABC News - Sports - New York -
Bernie Williams is back in center - only this time Lincoln Center for New York Philharmonic debut
After spending 16 years gaining fame while roaming the grass where Joe DiMaggio and Mickey Mantle once trod, Bernie Williams was on the stage made famous by Leonard Bernstein and where guitar great Andrés Segovia once playedABC News - Entertainment - New York -
Ex-National Enquirer publisher dishes on seedy media deals with Trump, celebs
Former President Trump had a busy legal day Thursday as the Supreme Court weighed presidential immunity arguments while his criminal hush money case continued in New York. David Pecker, the former publisher of the National Enquirer, was back on ...The Hill - Politics -
What to know about Zyn, the tiny nicotine pouch that's sparked a big health debate
A small nicotine pouch called Zyn is sparking big debates about the benefits and risks of new products from tobacco companiesABC News - Top stories -
Karl Rove: Biden-Trump debate would be 'most important' one since 1980
Republican strategist Karl Rove said Friday that a debate between former President Trump and President Biden would be the most significant one in recent decades. “This will be the most important presidential debate, if it happens, since at least ...The Hill - Politics - Joe Biden -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
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 -
Utah welcomes new NHL franchise to town with an event at the Delta Center
Utah's hockey franchise will begin play in the 2024-25 seasonCBS Sports - Sports - NHL -
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 -
Google plans to invest $2B to build data center in northeast Indiana: officials
Officials say Google plans to invest $2 billion to build a data center in northeastern Indiana to help power its artificial intelligence technology and cloud businessABC News - Tech - Google -
AI takes center stage at correspondents' weekend TGAIFriday Lunch
Washingtonians delved into the world of artificial intelligence (AI) on Friday at the Washington AI Network’s inaugural White House correspondents’ weekend TGAIFriday Lunch. The event, held at The House at 1229’s headquarters, was presented by ...The Hill - Politics - Artificial Intelligence -
Why the AI Industry's Thirst for New Data Centers Can't Be Satisfied
The lead time to get custom cooling systems is five times longer than a few years ago, and delivery times for backup generators have gone from as little as a month to as long as two years.The Wall Street Journal - Tech -
The fight over the future of plastics
As countries negotiate a landmark agreement to reduce plastic pollution, the industry is fighting a battle over regulations and over its image.The New York Times - Top stories -
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 -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.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