Deutsche Bank Ubs Stocks Sink As European Banking Crisis Fear Returns
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India's Sensex Down 0.3%, Dragged by Bank Stocks
Indian shares were down, as uncertainty continued over tensions in the Middle East and the Fed’s policy outlook.The Wall Street Journal - World - India -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
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 -
UBS promises $2bn in share buybacks
Swiss lender restores repurchase programme as it integrates Credit SuisseFinancial Times - Business -
‘Can you catch it as well?’: bird stunt causes flap in European parliament
Slovakian MEP pulls dove from bag and frees it as ‘symbol of peace’, prompting criticism from colleagues. A Slovakian MEP has raised eyebrows by producing a live bird from a bag and releasing it into the European parliament in what he said was a ...The Guardian - World -
U.S. Natural Gas Futures Sink on Storage Concerns
U.S. natural gas futures posted their sharpest one-day decline since mid-January, with May hitting a new contract low amid prospects of an increase in already hefty excess storage.The Wall Street Journal - World -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Eddie Redmayne, Gayle Rankin on the return of "Cabaret" to Broadway
"Sunday Morning" looks at the enduring popularity of the John Kander/Fred Ebb musical "Cabaret," from its debut in 1966 and the Oscar-winning Bob Fosse film, to the latest revival on Broadway, in a production titled "Cabaret at the Kit Kat Club." ...CBS News - Entertainment -
The Ghost of the 1968 Antiwar Movement Has Returned
The suffering in the war in Gaza is unacceptable. Young people will make that point clear this summer in Chicago.The New York Times - Top stories -
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 -
Mosquito-borne diseases spreading in Europe due to climate crisis, says expert
Illnesses such as dengue and malaria to reach unaffected parts of northern Europe, America, Asia and Australia, conference to hear. Mosquito-borne diseases are spreading across the globe, and particularly in Europe, due to climate breakdown, an ...The Guardian - World - Climate -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
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 -
Stuart Attwell back in VAR hot water after Bournemouth sink furious Wolves
And to think Stuart Attwell was hoping for a quiet week clear of controversy. The referee was again the subject of rage, this time not from a Greek shipping magnate but from Wolves’ irate supporters, after he disallowed Hwang Hee-chan’s ...The Guardian - World -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Top stories -
10 years after Flint's lead water crisis began, a lack of urgency stalls 'proper justice'
FLINT, Mich. — Ten years ago, smiling politicians posed for cameras while pushing a button, swapping the main tap water source for this majority-Black, impoverished city to the Flint River — the untreated water that started flowing from residents’ ...NBC News - Politics -
North Carolina 2024-25 roster: RJ Davis will be only first-team All-American to return next season
Davis' return makes the Tar Heels a national title contender next seasonCBS Sports - Sports -
Rory McIlroy on expected return to PGA Tour policy board: 'I don't think there's been much progress made'
McIlroy cannot confirm whether he is on his way back to the board, but he does have plenty of motivation to make that moveCBS Sports - Sports -
‘I can be helpful’: Rory McIlroy hopes to unite golf with return to PGA Tour board
PGA, LIV Golf and DP World Tour aiming to strike dealThe 34-year-old spoke to Webb Simpson about taking his seatRory McIlroy has said “hard feelings” will need to be put aside to achieve peace in golf’s civil war but believes he “can be helpful” ...The Guardian - World - Golf -
NBA Playoffs: Mavericks even series despite return of Clippers star Kawhi Leonard
Kawhi Leonard was available for Tuesday's playoff game. Unfortunately for the Clippers, so was Luka Dončić.Yahoo Sports - Sports - NBA -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
Stock-market pessimism is climbing. Why it’s still not bad enough to imply stocks hit a bottom.
Stocks could have more room to fall before they touch bottom, says Tom Essaye, founder of Sevens Report Research.MarketWatch - Business -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
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 -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
Meta’s plans for AI spending spree send shares lower
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