Apple quarterly profit, revenue top Wall Street targets but China lags
IMAX CEO Rich Gelfond exclusively details the “amazing” partnership between the entertainment company and Apple’s new breakthrough headset. Apple on Thursday reported sales and profits that beat Wall Street expectations, driven by growth in its iPhone business. However, sales in China fell short of analysts’ targets. Apple shares fell 1.7% in after-hours trading. The company’s […]
Arizona Man Shot in Head While Street Preaching Goes Back to Church After Injury
A young street preacher in Arizona was shot in the head while spreading the gospel. He is currently making headlines for miraculously returning to the church just months after being declared dead. The wife of Hans Schmidt, a 26-year-old military veteran and director of support at Victory Chapel First Phoenix, announced the good news on […]
Biden brushes off Wall Street rally as Trump seeks credit
Former President Trump has sought to take credit for the stock market boom under President Biden, even as Biden’s rivals have largely shrugged off Wall Street’s meteoric rise. Trump, who was tied to the stock market as president, is trying to claim responsibility for a series of new stock market records under the Biden administration. […]
Suspected street racers to stand trial in deadly PA school van collision
Two men accused of racing in a school car crash that killed a teenage girl on a western Pennsylvania road last year have been ordered to stand trial. According to Allegheny County Police, a Serra Catholic High School van was making a left turn in Dravosburg on Sept. 20 when it collided with a northbound […]
Wall Street Execs Help Fuel Pro-Nikki Haley Super PAC’s Massive Fundraising Haul
A super political action committee (PAC) supporting former United Nations Ambassador Nikki Haley's presidential bid has raised $50.1 million in the second half of 2023, the Daily Caller News Foundation confirmed Thursday. Ms. Haley's candidacy for the presidential election attracted the attention of Wall Street executives towards the end of last year, and she also […]
JPMorgan CEO Jamie Dimon shuffles top bosses as Wall Street focuses on succession
JPMorgan Chase & Co. on Thursday reshuffled its investment banking and consumer executives and reorganized management of its various businesses as Wall Street focused on the bank's plan to replace Chief Executive Officer Jamie Dimon. Gained experience. The largest U.S. lender has appointed Marianne Lake as sole CEO of its consumer division, which was previously […]
Wall Street bonuses fall short of already-low expectations
Few on Wall Street were optimistic about this year's bonus season, but many were still disappointed by the stingy payouts. According to Wall Street meme master Liquidity, the consensus among most junior bankers is that most of them are facing another “bad game” year. Finance-focused social media accounts have been bombarded with junior bankers complaining […]
K Street aims to break election year lull after strong 2023
Multiple K Street sources told The Hill they expect federal lobbying to remain strong heading into the election, bucking the trend after another strong year for the influence industry. He said he was there. The final quarter of this year saw protracted House elections following the historic ouster of former House Speaker Kevin McCarthy (R-Calif.), […]
Netflix subscriber growth surges past Wall Street estimates
In our morning panel discussion with Maria, we discuss Netflix and Tesla stocks, Big Tech's Q4 earnings, and the Fed's interest rate cuts. Streaming giant Netflix The company's stock soared on Wednesday's trading day after its fourth-quarter earnings report after the bell on Tuesday significantly exceeded Wall Street's expectations for subscriber growth. The company announced […]
13-year-old driver, 4 others arrested after mob loots California bakery in street takeover
A 13-year-old boy was charged with being behind the wheel of a car that crashed through the front door of a small California bakery and led at least 100 people to ransack it in an illegal street occupation earlier this month. The 13-year-old boy, whose name has not been released because of his age, was […]