Rhode Island shoots down report saying it pursued Rick Pitino
Rhode Island strongly denied a report that indicated it had a “rough agreement” in place to hire Rick Pitino as the successor to Dan Hurley.
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Yahoo Finance•The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and corporations while avoiding extra scrutiny of middle-class households.
MarketWatch•Tesla Earnings Fall To Lowest Level Since 2021. Tesla Stock Surges Late.
Tesla announced worse-than-expected first-quarter earnings and revenue Tuesday, with the EV giant reporting its lowest quarterly EPS since 2021. Tesla reported Tuesday that Q1 earnings fell 47% to 45 cents per share. Analysts projected Q1 earnings falling more than 42% to 49 cents per share with sales declining nearly 5% to $22.22 billion.
Investor's Business Daily•JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
Barrons.com•I Was Incredibly Wrong About the Tesla Cybertruck
Unit sales appear considerably below my estimates.
Motley Fool•Chipmaker Texas Instruments Beats Q1 Goals, Gives Reassuring Outlook
Texas Instruments beat Wall Street's targets for the first quarter and guided above views for sales and in line for earnings for Q2.
Investor's Business Daily•California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•Jamie Dimon is worried the US economy is headed back to the 1970s
JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.
Yahoo Finance•Stock market today: S&P 500, Nasdaq notch big gains as Tesla kicks off 'Magnificent 7' earnings
The wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
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