The Memphis Police Department has disciplined two more officers involved in the arrest, beating and death of Tyre Nichols, the department said Monday, widening the circle of punishment for a killing that has already led to the murder indictment of five officers and outraged the nation with another display of police brutality.
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksSaudi National Bank Chair Resigns After Credit Suisse RemarkFBI Releases Files on Ivana TrumpThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Ba
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallou
Read this before you trade in your gas guzzler.
Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a
This money management maven doesn't mince words when it comes to financial faux-pas.
Apple (AAPL) closed at $158.15 in the latest trading session, marking a -1.31% move from the prior day.
Investors may be wondering if it's still time to buy some of the popular names among semiconductor stocks such as Advanced Micro Devices (AMD) and Nvidia (NVDA).
An email from Meta CEO Mark Zuckerberg reveals his anger at a leak from a staffer. It was posted to Twitter by Internal Tech Emails (@TechEmails) on March 19. The leaked information involved a 2010 company Q&A in which Zuckerberg discussed a new initiative Facebook was working on.
Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.
On March 27, 2023, Lumen Technologies, Inc (NYSE: LUMN) reported it faced two cybersecurity incidents. Last week Lumen discovered that a malicious intruder had inserted criminal ransomware into a limited number of its servers that support a segmented hosting service, degrading the operations of a small number of its enterprise customers. Lumen's recent implementation of enhanced security software has led to its discovery that a separate sophisticated intruder accessed a limited number of its int
(Bloomberg) -- In the battle for the biggest prize in China’s trillion-dollar pension market, BlackRock Inc. and other global firms have little chance of attracting clients like Judy Deng.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksSaudi National Bank Chair Resigns After Credit Suisse RemarkFBI Releases Files on Ivana TrumpOn New Year’s Eve, the logistics executive tapped on her phone to dep
This is a TikTok challenge you don’t want to get behind.
U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age.
Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.
Monday, Citi analyst Itay Michaeli opened a "90-day upside catalyst watch" for Fisker stock. He believes that if Fisker hits its milestones the narrative on the stock will change for the better.
These names offer investors sustainable dividend yields of 5%+ alongside attractive share price upside potential.
Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.
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