The regional lender, which operated as Republic Bank, was reeling with higher costs and inability to improve profitability that prompted it to cut jobs and exit its mortgage origination business in early 2023.
Paramount Global is reportedly considering dumping longtime CEO Bob Bakish and replacing him with a group of executives as the entertainment giant inches closer to a deal with Skydance Media. Bakish, who has been privately critical of the company’s talks to merge with Skydance,
Everyone is getting a piece of the pie.
John Barnett had been giving a formal legal deposition against the plane manufacturer before his sudden death.
The Atacama Desert — an arid, unpopulated swath of northern Chile that is home to some of the most perceptive ground telescopes on Earth — is actually teeming with life beneath the ground, according to a team of researchers that recently scrutinized its soils. Read more...
NASA’s iconic Hubble Space Telescope isn’t doing so well. The observatory has been suffering from a pesky glitch affecting its gyroscope, causing it to suspend its science operations for a second time in less than six months. Read more...
Jurisdictions around the world are imposing EV mandates , regulating ICE vehicles out of production and sale . This is probably a necessary step to prevent us all from drowning in our homes , but the folks who sell ICE vehicles aren’t happy about it. Case in point: Stellantis
There’s something slightly unnerving about seeing an enormous cruise ship out of water. A skyscraper-sized vessel propped up by a few planks of wood in a barren dry dock is definitely strange to see, but it gets even odder when you watch workers slowly cut a ship in half in
We learned last month that despite Fisker beginning production on its Ocean SUV, the startup automaker lost nearly half a billion dollars last year and desperately needed a bailout. Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell
Tesla cut 10 percent of its workforce a few weeks ago, and now we’re getting a better look at what sort of severance package its recently laid-off workers are getting. CEO Elon Musk sent an email to impacted employees late at night on April 14 letting them know they were
If there’s one thing that all Americans — divided they may be — can agree on, it’s that taxes are a pain. Centuries of that philosophy is what’s employed many of the more than 1.65 million accountants and auditors in the U.S. and allowed services like TurboTax and H&R Block to
The board includes OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella, Google CEO Sundar Pichai and Nvidia CEO Jensen Huang.
Open your virtual A-eyes.
It was a strong day for all three major U.S. stock indexes after a big selloff the day before . Google parent Alphabet crossed the $2 trillion threshold for market capitalization on Friday. Read more...
Former Tesla executive Andrew Baglino is looking to pocket some cash wealth on his way out the electric vehicle-maker’s door. Baglino, who resigned last week as the company’s senior vice president for energy engineering and powertrain, sold 1.14 million of his shares in Tesla
Apple and Google have removed apps that promised deepfake nudes from the App Store and Google Play, according to a report from 404 Media . Read more...
Google parent Alphabet crossed the $2-trillion threshold for market capitalization on Friday, thanks to a stock surge powered partly by its work with generative artificial intelligence . Read more...
Online fast-fashion retailer Shein will soon face stricter digital regulations from the European Union , the world’s largest trading bloc said in a statement on Friday. Read more...
Starbucks and the union representing its workers ended a two-day contract bargaining session over a variety of issues on a positive note, having made “significant progress.” Read more...
Snap shares jumped 30% Friday after the company reported improved sales and a big increase in premium subscribers. Read more...
The Biden administration has abandoned its acknowledging that heavy pushback from black Americans seen as a critical voting bloc for the president’s 2024 re-election effort influenced the decision.
The U.S. Food and Drug Administration (FDA) said on Thursday that genetic fragments of the H5N1 bird flu virus have been detected in one in five retail samples of milk it tested. This comes just days after the agency first said it found inactive traces of the virus in the
Real estate inventory in parts of Florida is surging to uncomfortable levels -- and sellers are beginning to slash prices, according to a report.
After waking up at 4:30 am, "I read five papers -- you'll be happy to hear -- in a very specific form," the JPMorgan Chase CEO told The Wall Street Journal.
With the latest settlement, the NAR and brokerages including HomeServices Anywhere Real Estate and Re/Max would pay more than $943 million to resolve antitrust claims.
The people responsible for driving the current artificial intelligence boom are now being tasked with advising the U.S. government on how to safely and securely deploy the technology in critical infrastructure. Read more...
Tesla stock has started to make its long-awaited comeback this week after — repeatedly — bottoming out at new 52-week lows earlier this month. Read more...
U.S. mortgage rates recently hit a new high for the year (so far), as inflation fears continue to creep up. The average rate on the 30-year fixed mortgage hovered between 7.4% and 7.5% this week, according to Mortgage News Daily’s daily data — its highest daily level since last
Ethereum developer and the company behind crypto wallet MetaMask Consensys has filed a lawsuit in a Texas court alleging regulatory overreach by the U.S. Securities and Exchange Commission (SEC). The company filed a complaint in the U.S. District Court for the Northern District
A Baltimore publisher is suing the owner and operator of the DALI, the cargo ship responsible for the Francis Scott Key Bridge collapse on March 26. Read more...
