It seems the U.S. banking system won't collapse after all...at least for now. An unexpectedly bullish update from a regional lender many thought was at risk of collapsing bolstered bank stocks on Wednesday. Quite a few saw notable, market-beating gains, including Bank of America (NYSE: BAC), which closed the day 4.4% higher, and JPMorgan Chase (NYSE: JPM) with a 3% gain.
Matt Harmon and Charles McDonald breakdown the five biggest fantasy storylines from night one of the draft and provide instant draft grades and dynasty rookie rankings.
Alphabet shares surge after Google’s parent posts better-than-expected earnings and announces its first cash dividend, Microsoft posts 31% quarterly growth in Azure cloud-computing revenue, and Snap soars after issuing a strong forecast for second-quarter sales.
Electrolux's operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs eased, sending shares up 6%. Electrolux, which prices its products in many regions at the premium end of the market, has seen consumers opt for cheaper alternatives, but said on Friday that is saw consumer confidence indicators to be bottoming out. "The price pressure in North America and high promotional activity in other markets characterizing the latter part of 2023 continued in the first quarter."
Baby Sabreen al-Sakani’s mother of the same name, her father Shukri and three-year-old sister Malak have all now died following attack
China, Russia and the US are among the top five countries developing the technology, new figures show
Illustration by Elizabeth Brockway/The Daily BeastAbout the authors: James Roosevelt, Jr. is a grandson of President Franklin Roosevelt and First Lady Eleanor Roosevelt. Henry Scott Wallace’s grandfather, Henry A. Wallace, served President Franklin Roosevelt as Secretary of Agriculture, Vice President, and Secretary of Commerce.Pop quiz: Who said this?“The only thing we have to fear is fear itself.”Well, most recently, it was Donald Trump, in an angry Truth Social post on the second day of his c
Q1 2024 Old Republic International Corp Earnings Call
Photo Illustration by Luis G. Rendon/The Daily Beast/Getty ImagesDonald Trump is set to hold a “major donor retreat” next week in Florida, and it could signal the unofficial start of the presidential veepstakes.According to an invitation obtained by Politico, special guests include “Sens. Marco Rubio of Florida, Tim Scott of South Carolina and J.D. Vance of Ohio, as well as Govs. Doug Burgum of North Dakota and Kristi Noem of South Dakota, and Reps. Elise Stefanik (R-N.Y.) and Byron Donalds (R-F
The show is scheduled to air its final episode on 16 May
Photo Illustration by The Daily Beast / GettyListen to this full episode of The New Abnormal on Apple Podcasts, Spotify, Amazon and Stitcher.Republican operatives have been forced to rework their strategy to deal with Donald Trump’s absence from the campaign trail while he sits in court for his hush money trial in New York.With the former president only having weekends and Wednesdays off they have had to get creative about how best to utilize that time.The Daily Beast’s political reporter Jake L
Two men, both aged 22, are charged with immigration offences
Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday, as the island nation attempts to reduce losses from its state enterprises. Mattala Rajapaksa International Airport (MRIA), funded by China EXIM Bank, has stoked controversy since its opening in 2013 due to a low number of flights, environmentally sensitive location and persistent financial losses. The airport's management will be handed over to Shaurya Aeronautics (Pvt) Ltd. of India and Airports of Regions Management Company of Russia for 30 years, a cabinet statement said, without mentioning the deal value.
A Tokyo company's satellite encounters a big lump of space debris high above the Earth.
PARIS, April 26, 2024-- TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE):
The Japanese yen jumped against the dollar on Friday, with traders on high alert for signs of intervention by Japan's monetary authorities to support the currency. The dollar fell sharply to 155 yen from 156.8, before tracking back to around 156.23, up 0.3% on the day. Japan's Ministry of Finance was not immediately available for comment.
Exclusive: ‘You’re already getting the lowest fares in Europe,’ says airline boss
Former president’s historic election interference trial is underway in New York City
Billionaire investor Mike Lynch stands to net £170 million from the deal
Disney/Hulu“We’re halfway there,” I said to myself at the two-and-a-half-hour mark of Thank You, Goodnight: The Bon Jovi Story, a four-part early Christmas gift to hard-core Bon Jovi fans and a ludicrously detailed look at the pop-rock luminary’s career for everyone else.Like the anthemic songs the platinum-selling New Jersey-born singer is known for, it would take an extra step to actively dislike this very by-the-numbers Hulu documentary, but the excessive length and the overblown manner in wh
Magnolia PicturesAn adult sex comedy that’s also the most amusingly unerotic film of the year, The Feeling That the Time for Doing Something Has Passed, which hits theaters April 26, treads into explicit terrain in order to chart the disaffection and confusion of a thirtysomething Brooklynite in search of direction, fulfillment, and companionship. Written and directed by star Joanna Arnow, this bracingly awkward indie—which played at last year’s Cannes, Toronto, and New York film festivals—is a
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