JD.com Raises $2.5 Billion To Expand Logistics Network In China
China e-commerce leader JD.com raised $2.5 billion by selling a stake in its logistics unit, posing a threat to Alibaba and Amazon.
China e-commerce leader JD.com raised $2.5 billion by selling a stake in its logistics unit, posing a threat to Alibaba and Amazon.
Biden is borrowing a Trump tactic by proposing new tariffs on a few Chinese imports. But it's far from the Full Trump.
Trump says the trial amounts to "election interference," but here's how the system is working to make sure he gets a fair shake.
The Denver Nuggets met coach Michael Malone's challenge not to let up after winning the franchise's first NBA title. Nikola Jokic somehow got even better with another historic season that made him the odds-on favorite to win the MVP award for the third time in four years, according to BetMGM Sportsbook. Aaron Gordon, Michael Porter Jr. and Kentavious Caldwell-Pope all stepped up their games this season and Jamal Murray had another terrific year despite missing 23 games with various ailments.
U.S. job growth was above expectations in March and wages also increased steadily, suggesting the economy ended the first quarter on solid ground and potentially delaying anticipated Federal Reserve interest rate cuts this year. Equifax expects second-quarter revenue between $1.41 billion and $1.43 billion, below analysts' average estimate of $1.44 billion, as per LSEG. In a bright spot, the forecast for the year indicates an expected 11% decline in 2024 U.S. mortgage credit inquiries, compared with an over 16% year-on-year decline expected by the company in the previous quarter.
OKLAHOMA CITY, April 17, 2024--MidFirst Bank ("MidFirst" or the "Company"), the largest privately owned bank in the nation, has entered into a definitive agreement to acquire the Houston, Texas banking locations of Amerant Bank, the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). Upon closing expected later this year, MidFirst will add six Amerant Bank locations to the Company’s footprint and will gain Amerant’s Houston client relationships totaling approximately $576 million in deposits a
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. Nvidia chipmaker Taiwan Semiconductor reports early Thursday, with huge implications for the chip sector.
Toronto Raptors forward Jontay Porter isn't the first person to receive a lifetime ban from a professional sports league in North America. NBA Commissioner Adam Silver announced the ban Wednesday after a league probe found Porter disclosed confidential information to sports bettors and wagered on games.
Prime minister Sheikh Mohammed admitted negotiations had reached a ‘delicate phase’
Cadence Design Systems on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computing chips and the software that will run on them. Cadence makes software that Nvidia, Apple and many other companies use to design chips with billions of transistors, the tiny on-off switches that make computers work. Companies like Nvidia, whose software offerings are as important to its overall business as its chips, do not want to wait that long to start writing code for the chips.
The three major US stock indexes (^GSPC, ^DJI, ^IXIC) closed lower on Wednesday. The Magnificent Seven led the drop, with powerhouse Nvidia (NVDA) losing over 3.5% at close. Those seven stocks have become a significant part of the S&P 500, meaning their losses and gains can have an outsized impact on the index. Traders are also contending with "bumpy" earnings and inflation data. Yahoo Finance Reporter Josh Schafter joins Market Domination Overtime to break down the trends in the market and the top market takeaways for April 17. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Discover Financial Services on Wednesday reported a 68% drop in first-quarter profit, as the lender set aside more in rainy-day funds to cover for potential credit losses amid an uncertain economy. U.S. banks have increased their provisions for losses from bad loans as higher interest rates heighten the risk of default on mortgages and credit card debt by consumers. Discover's provision for credit losses jumped to $1.5 billion in the quarter ended March 31, from $1.1 billion in the year-ago period.
PHOENIX, April 17, 2024--Pinnacle West Capital Corporation’s board of directors today declared a quarterly dividend of $0.88 per share of common stock.
Martin wrote a tribute to Minogue in light of being one of TIME's 100 most influential people
Residents forced to walk the fire-stairs of a nine-storey Sydney apartment have been in a six-month battle to get the lifts fixed..
OKLAHOMA CITY, April 17, 2024--Gulfport Energy Corporation (NYSE: GPOR) announced today that it will host a teleconference and webcast to discuss its first quarter 2024 financial and operating results beginning at 10:00 a.m. ET (9:00 a.m. CT) on Wednesday, May 1, 2024. Gulfport plans to announce first quarter 2024 results on Tuesday, April 30, 2024, after market close.
DENVER, April 17, 2024--SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) ("SSR Mining" or the "Company") announces the date for its first quarter 2024 consolidated financial results news release and conference call. Investors, media and the public are invited to listen to the conference call.
TORONTO, April 17, 2024--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of April 2024. The distribution will be paid by Granite on Wednesday, May 15, 2024 to stapled unitholders of record at the close of trading on Tuesday, April 30, 2024.
CORAL GABLES, Fla., April 17, 2024--Amerant Bancorp Inc. (NYSE: AMTB) ("Amerant" or the "Company") today announced that its wholly owned subsidiary, Amerant Bank, N.A., entered into a definitive purchase and assumption agreement under which MidFirst Bank, based in Oklahoma City, Oklahoma, will acquire Amerant Bank’s banking operations and six branches in the Houston, Texas metropolitan area. The transaction includes approximately $576 million of deposits and $529 million in loans.
The 100th episode of “9-1-1,” which guest starred Joey Graziadei and Jesse Palmer as a crossover with “The Bachelor,” reached a rating of 0.91 among adults age 18-49 according after one week of delayed viewing. Up from a 0.59 according to same-day data, that marks show’s best Live + 7 rating in the key demo …
San Jose, CA, April 17, 2024 (GLOBE NEWSWIRE) -- CETAS AI Solutions Inc, a leading technology provider of artificial intelligence solutions, has announced a major technical breakthrough in its AI Crypto Exchange Triangular Arbitrage big data model algorithm. This milestone reinforces CETAS AI Solutions Inc's commitment to revolutionizing the crypto finance industry with innovative AI-powered solutions. CETAS AI Solutions Inc. was founded in California, the center of global technology innovation.