Articles

Regulators preparing to seize and sell Republic First Bank: report

Regulators are preparing to seize Republic First Bancorp. and sell it to another financial institution, the Wall Street Journal reported Friday, as cracks continue to emerge in the regional-banking industry.

AMC takes a hit from Hollywood strikes, but narrows quarterly loss

AMC reported preliminary first-quarter earnings late Friday, ahead of expectations that it would report the results early next month.

Microsoft earnings were solid —and here’s why they’re primed to get even better

Azure hasn’t had quite enough capacity to meet booming AI demand, and Copilot software tools should contribute more later this year.

Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries

U.S. stocks pared their April losses on Friday, with the S&P 500 booking its biggest weekly gain since November as Big Tech stocks rallied.

This man claims Tom Brady’s sloppy signature turned $500,000 worth of collectibles into defaced keepsakes

Fans attending a Miami event featuring the gridiron great say he “scribbled” on valuable pieces of football history instead of providing a proper autograph.

IRS calls its free Direct File tax-prep tool a success. Will it be back in 2025?

The IRS’s Direct File platform prepared federal income-tax returns for nearly 141,000 households, exceeding officials’ goal of handling 100,000 returns.

Trump invokes EVs in challenge to Biden for debate in Michigan

President Joe Biden on Friday said he’d debate Donald Trump this election cycle, prompting the former Oval Office occupant to propose a faceoff in auto-industry stronghold Michigan.

Richard Cordray to step down from job overseeing $1.6 trillion in federal student loans

The former CFPB director will end his tenure as head of the Office of Federal Student Aid in June.

Hertz’s stock is having an awful week, and BofA adds to investors’ misery

Hertz’s stock continued its dive Friday toward yet another record low, after BofA Securities added to the rental-car company’s woes by recommending investors sell.

Is your financial adviser on your side? There are new rules for managing retirement savings — why investors should care. 

There may now be a distinction between fiduciary responsibilities and your “best interest.”

Intel’s bad year worsens, with analyst decrying company as ‘profoundly broken’

Intel’s bad year is getting worse as the chip stock experiences another sharp slide in the wake of earnings.

Biden’s new overtime rule could help millions of ‘stuck’ salaried workers. But there are hurdles ahead.

The new rule expands the number of employees eligible for extra pay after working more than 40 hours. Legal challenges have derailed previous changes.
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