FDIC chair faces calls to resign after sexual harassment reports at regulator
Federal Deposit Insurance Corporation Chairman Martin Gruenberg said in the wake of a scathing 234-page report released Tuesday that reveals widespread sexual harassment and other misconduct plaguing federal banking regulators. Calls for his resignation are pouring in. The damning report, released in November by the law firm Cleary Gottlieb Steen & Hamilton and inspired by […]
API Reports Small Builds in Crude, Fuel Inventories – OilPrice.com
U.S. crude oil inventories rose by 509,000 barrels this week for the week ending May 3, according to the American Petroleum Institute (API). Analysts had expected 1.43 million barrels. API reported that crude oil inventories increased by 4.906 million barrels last week. On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in […]
California reports the first increase in groundwater supplies in 4 years
After heavy rains flooded California’s rivers and piled snow on mountains, the state reported Monday that its groundwater supply has increased for the first time in four years. The state saw 4.1 million acre-feet of managed groundwater recharge in the water year ending in September, increasing groundwater storage by 8.7 million acre-feet, according to the […]
Clippers’ Russell Westbrook refutes ‘fabricated’ reports on his unhappiness with team
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ABC News president Kim Godwin president steps down after reports of turmoil at the network
ABC News President Kim Godwin is resigning following viral reports about tensions within the network. Godwin announced in an email sent to staff Sunday night that he will step down from the position after being appointed in 2021. “I have decided to retire from broadcast journalism,” Godwin said in an email obtained by Fox News […]
A 15-year-old girl was arrested and charged with murder in connection with the fatal stabbing of a fellow teen in New York City. The deadly stabbing stemmed from a social media feud, according to reports.
A 15-year-old girl has been arrested and charged with murder in the stabbing death of a teenage girl in New York City. According to reports, the stabbing stemmed from a dispute on social media. The 15-year-old suspect, whose name is being withheld by police because of his age, was charged Thursday with murder, manslaughter and […]
Marlins trade two-time reigning batting champ Luis Arraez: reports
Even though it’s only mid-May, the Miami Marlins’ tank appears to be running. After reaching the postseason last year with an astonishing 84-78 record, the Fish have not looked like a playoff team so far, losing 24 of their first 33 games. On Friday, Luis Arraez was reportedly traded to the San Diego Padres about […]
TD addresses media reports about its AML programme – Yahoo Finance
TD responded to media reports suggesting the fine could be higher than previously expected. Additionally, analysts have suggested that regulatory actions could impact the company’s long-term financial performance. TD announced earlier this week that it had received an initial provision of $450 million in connection with discussions with one of the U.S. regulators. The matter […]
Stock futures rise after Apple reports, traders brace for April payrolls data: Live updates – CNBC
24 minutes ago The Japanese yen rebounds 4.5% against the US dollar, its best week in a year The Japanese yen was trading at 152.93 yen against the US dollar and was on track to end its best week in more than a year, despite hitting 160.03 yen on Monday, its lowest since 1990. Analysts, […]
Apple reports slumping iPhone sales as global demand weakens | Apple
Apple released its financial results on Thursday, revealing that overall revenue has declined due to weak iPhone sales. However, profits exceeded market expectations, and Apple shares rose in after-hours trading. “Apple reported sales of $90.8 billion in the March quarter, including a long time ago in services,” Apple CEO Tim Cook said in a statement […]