DIRS.INFO The most relevant business & tech news

☆ Jason and Travis Kelce's parents agreed to postpone their divorce until after their sons finished college
▼ + stars: | 2024-05-09 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Donna Kelce says she and her ex-husband Ed decided to stay married until their sons finished college. Both parents still regularly attend their sons' NFL games, sometimes with Taylor Swift. AdvertisementDonna Kelce, 71, says she and ex-husband Ed decided to divorce only after their sons Jason and Travis Kelce graduated from college. AdvertisementThe Kelce family lived in Cleveland Heights, Ohio, and both Jason and Travis went on to study and play football at the University of Cincinnati. Even though they have been separated for some time, both parents still regularly attend their sons' NFL games.

Persons: Donna Kelce, Ed, Kelce, Martha Stewart, Taylor Swift, —, Jason, Travis Kelce, Travis, Sofía Vergara, Joe Manganiello, Kevin Costner, Christine Baumgartner, Reese Witherspoon, Jim Toth, Gwyneth Paltrow, Alex Kapp Organizations: NFL, Service, University of Cincinnati, Philadelphia Eagles, Kansas City Chiefs, Bowling Green State University's National, for Family Locations: Cleveland Heights , Ohio

☆ Panera says it is phasing out its controversial Charged Lemonade nationwide
▼ + stars: | 2024-05-07 | by ( Elizabeth Chuck | ) www.cnbc.com time to read: +5 min

Charged Lemonade from a Panera Bread Co. arranged in the Queens borough of New York, US, on Tuesday, Dec. 12, 2023. A Panera Bread spokesperson says the restaurant chain is phasing out its Charged Lemonade, a highly caffeinated beverage that has been blamed for at least two deaths in lawsuits. A spokesperson for Panera said Tuesday that the nationwide discontinuation of the Charged Lemonade comes after a "recent menu transformation." Panera previously advertised its Charged Lemonade as "Plant-based and Clean with as much caffeine as our Dark Roast coffee." Panera has since updated its nutrition information to reflect how much caffeine is in the Charged Lemonade with ice, listing the large size of the blood orange Charged Lemonade, for example, as having 302 milligrams.

Persons: Sarah Katz, Dennis Brown, Lauren Skerritt, Panera, Katz, Victoria Rose Conroy, Sarah, Brown, Elizabeth Crawford, Kline, Specter, Dennis, Lauren Organizations: University of Pennsylvania, Food and Drug Administration, NBC News, NBC Locations: Queens, New York, Florida, Rhode, Missouri, Pennsylvania, New York City, Philadelphia

☆ Can Philadelphia Fix One of the Most Drug-Plagued Neighborhoods in the Country?
▼ + stars: | 2024-05-07 | by ( Campbell Robertson | Rachel Wisniewski | ) www.nytimes.com time to read: +1 min

The vow was unequivocal: The city of Philadelphia was finally going to root out the drug trade that has long monopolized the streets of Kensington. Antonio Alvarez, 58, surrounded by grandchildren on his porch, believed the drug market would go quiet, temporarily, and then return as it always had. Harris Steinberg, 57, standing at the counter of his auto parts shop, said that everything along Kensington Avenue — the tents, dealers and stray needles — was already moving to the neighborhood’s back streets. But, she said, she was stuck on a waiting list for a shelter bed. No one except the drug dealers said that they were happy with how things were in Kensington, one of the most sprawling areas of open drug use and dealing on the East Coast.

Persons: Antonio Alvarez, Harris Steinberg, — Locations: Philadelphia, Kensington, Elizabeth, East

☆ Equinox launches $40,000 membership to help you live longer
▼ + stars: | 2024-05-06 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Equinox is teaming up with lab-test startup Function Health to launch "Optimize by Equinox," a personalized health program that includes everything from personal training and nutrition plans to sleep coaching and massage therapy. "It's really a paradigm shift in how we're able to live with vitality and avoid suffering," said Jonathan Swerdlin, co-founder of Function Health. Function Health will test members for 100 biomarkers — everything from heart, liver and kidney health to metabolic and immune systems to cancer markers and nutrients. Equinox will then run its own battery of fitness tests, including VO2 max, strength and movement range. The fee doesn't include an Equinox gym membership, which brings the total to about $40,000 or more for the year.

Persons: Jonathan Swerdlin, Julia Klim, Equinox's, Klim, Swerdlin Organizations: Function, Pacific Locations: Philadelphia, Pacific Palisades, Los Angeles, New York City, Highland Park , Texas

☆ The global synthetic drugs crisis has hit West Africa, where people are digging up human bones to make a drug called 'kush'
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +8 min

Cemeteries are bolstering their security measures because gravediggers are stealing human bones to make powerful synthetic drugs, local journalists told Business Insider. AdvertisementA vendor sells daily necessities at a market in Freetown, Sierra Leone, Feb. 21, 2024. Formaldehyde also has euphoric properties, says the National Library of Medicine, which explains why kush users could be raiding Freetown's cemeteries. JOHN WESSELS | Getty ImagesJalloh noted that the use of synthetic drugs was not unique to Sierra Leone. ReutersIn 2015, BI's Erin Brodwin covered the rise of these synthetic drugs, marketed as "spice," "K2," "black mamba," or "crazy clown."

Persons: —, Sierra, Julius Maada, Michael Cole, Sally Hayden, JOHN WESSELS, Cole, Mabinty Magdalene Kamar, Abdul Jalloh, HUGH KINSELLA CUNNINGHAM, Thomas Dixon, Jalloh, Salifu Kamara, kush, BI's Erin Brodwin, Brodwin, tranq Organizations: Service, Business, Xinhua News Agency, Getty, Anglia Ruskin University, The Irish Times, National Library of Medicine, Politico, Sierra, Sierra Leone Psychiatric Teaching Hospital, Police, Getty Images Local, Salone Times, BBC, Freetown Police Force, National Drug Agency, NPR, Guardian, Disease Control, Prevention, Reuters, Financial Times Locations: Freetown, African, Sierra Leone, West Africa, Mabinty, Waterloo , Sierra Leone, kush, New York City, New York, Kensington, North Philadelphia

☆ Live updates: Pro-Palestinian protests at Columbia, UCLA campuses amid Israel's war in Gaza
▼ + stars: | 2024-05-03 | by ( Elizabeth Wolfe | Dalia Faheid | ) edition.cnn.com time to read: +2 min

More than 2,000 people have been arrested at colleges and universities since April 18 as a growing wave of pro-Palestinian campus protests ripples across the US. During the weeks of demonstrations, protesters have mainly called for schools to divest from companies that support Israel and the war in Gaza. He drew a line between what he called peaceful and violent protests, repeated his support for Israel, and dismissed calls for the National Guard to intervene. Portland police officers standby on the campus of Portland State University in Portland on Thursday. University of California, Los Angeles: More than 200 people were arrested Thursday on suspicion of resisting orders to disperse from the now-dismantled encampment on the campus.

Persons: Joe Biden, John Rudoff Organizations: CNN, Israel, National Guard, Portland State University, Getty, University of Pennsylvania, Ivy League, Philadelphia Mayor’s, . Columbia University, New York Police Department, Emory University, The, Islamic Relations, University of California Locations: Israel, Gaza, Portland, AFP, Hamilton, Manhattan, Atlanta, Palestine, Georgia, Los Angeles

☆ Steve McCurry’s photo of Shaolin monks training captures their incredible acrobatics
▼ + stars: | 2024-05-03 | by ( Amy Gunia | ) edition.cnn.com time to read: +6 min

A young Shaolin monk runs horizontally across a wall, intense concentration, and perhaps a hint of astonishment, visible in his face. Four other trainees at a martial arts academy near the Shaolin Temple in China’s Henan province lounge nonchalantly, seemingly unaware of the gravity-defying action taking place above their heads. “There’s this high-level action,” photographer Steve McCurry told CNN of the photo’s composition in a video call from his home in Philadelphia. The Shaolin Temple – which was founded in AD 495 on the slopes of the sacred Mount Song – is said to be the home of Chan Buddhism. Today, Shaolin kung fu is widely known, and the monks’ feats in athleticism have been emulated in popular movies.

Persons: Steve McCurry, ’, doesn’t, McCurry, –, ”, Jeremy Horner, LightRocket, It’s, “ Organizations: CNN, Jet, Pennsylvania State University, Geographic, Shaolin Locations: Shaolin, China’s Henan, Philadelphia, Pakistan, Afghanistan, Soviet, Peshawar, Niger, India, Pennsylvania, Dengfeng, Zhengzhou

Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.

Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, —, Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia

☆ Wally Gator: Emotional support alligator is missing
▼ + stars: | 2024-05-02 | by ( Sydney Bishop | ) edition.cnn.com time to read: +4 min

CNN —Emotional support animals registrations in the United States reached 115,832 last year, by an industry group’s count. But in the eyes of reptile rescuer Joie Henney, there’s only one:“Wally Gator” – his “gentle” certified emotional support alligator. The department “routinely” gets calls about “nuisance alligators,” she said, and refers callers to a permitted alligator agent trapper, per its protocols. Wally is often shown letting others pet and hold him, with Henney telling CNN in 2022, “He doesn’t show anger. We never could understand why.”Emotional support alligator, Wally, wanders in 2022 around Love Park in Philadelphia.

Persons: Joie Henney, Wally Gator ”, Wally, “, Melissa Cummings, ”, Cummings, Henney, Halle Sivalingam Henney, don’t, “ He’s, ” Henney, ” Cummings, Wally hasn’t, ” CNN’s Ben Morse, Zoe Sottile, Sara Smart Organizations: CNN, Georgia Department of Natural Resources, Wildlife Resources, Henney, Halle, State, Philadelphia Phillies, Citizens Bank, US Department of Transportation, Phillies Locations: United, Pennsylvania, Brunswick, Georgia, Love, Philadelphia, Florida

☆ Scientists identify ‘degrees of Kevin Bacon’ gene
▼ + stars: | 2024-05-02 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Even humble fruit flies organize themselves into regularly spaced clusters, researchers have found. Within those social networks, certain individuals will often stand out as “gatekeepers,” playing an important role for cohesion and communication within that group. New research published Tuesday in the journal Nature Communications has identified a gene responsible for regulating the structure of social networks in fruit flies. The study opened up new opportunities for exploring the molecular evolution of social networks and collective behavior in other animals. FLPA/ShutterstockThe gene behind fruit fly social networksThe researchers investigated a number of gene candidates in fruit flies, a common lab organism used in the study of genetics.

Persons: ”, Kevin Bacon, Bacon, Joel Levine, Rebecca Rooke, ” Levine, Levine, “, ” Allen J, Moore, wasn’t, ” Moore Organizations: CNN, Nature Communications, University of Toronto, University of Georgia’s Locations: Philadelphia, University of Toronto Mississauga

The most decorated battleship in the history of the United States is done with war. The engines of the vessel, the Battleship New Jersey, are no longer permitted to operate, by order of the U.S. Navy. But on a windy afternoon in March, tugboats pushed and pulled the ship away from land for the first time in more than 20 years. “You’ll get me crying,” Ms. Smith, 87, said, describing the emotions she felt as a mammoth American flag was hoisted aloft during the shifting of colors before the Battleship New Jersey left the dock on March 21. Ms. Smith, a writer who lives in New Jersey, was on hand in 1999, too, when the ship made its way through the Panama Canal, headed toward its new career as a museum and memorial.

Persons: Muriel Smith, “ You’ll, ” Ms, Smith Organizations: Battleship, U.S . Navy Locations: United States, Jersey, Camden , N.J, Philadelphia, New Jersey, Panama

We'll show you everything you need to know about how to get Billie Eilish tickets, including details on accessing the pre-sale. We've got you covered if you're looking for tickets to Billie Eilish's 2024-2025 concert tour. How to get Billie Eilish ticketsInitial Billie Eilish tickets are sold through Ticketmaster. Historically, Billie Eilish tickets are snapped up pretty quickly, so fans will want to be waiting in the queue as soon as the sale starts. How much are Billie Eilish tickets?

Persons: Eilish, Oscar, Billie Eilish, Finneas, James Bond, We've, Billie Eilish's, she'll, we've, Québec, Saint, Billie, you'll Organizations: Business, Academy, Ticketmaster, IL, San Jose , CA, American Express, Heritage Bank Center Locations: North America, Canada, Australia, Ireland, Toronto, Baltimore, Philadelphia , PA, Detroit , MI, Newark , NJ, Boston, Pittsburgh , PA, New York, NY, Atlanta, Nashville, TN, Cincinnati, Saint Paul, Chicago, Kansas City ,, Omaha, Denver, Vancouver, Seattle , WA, Portland, San Jose ,, Glendale, AZ, Los Angeles , CA, States, New York , Illinois, Colorado , Virginia , Utah, Connecticut, Cincinnati , Ohio

☆ District attorney plans to appeal decision to overturn murder convictions of ‘Chester Trio’
▼ + stars: | 2024-04-30 | by ( Danny Freeman | Eric Levenson | ) edition.cnn.com time to read: +4 min

CNN —A Pennsylvania district attorney intends to appeal a judge’s decision last month to overturn the murder convictions of the so-called “Chester Trio” – three men who have spent nearly 25 years in prison for a crime they say they did not commit. In late March – over the objections of prosecutors who fought to have the convictions upheld – Delaware County Judge Mary Alice Brennan vacated the trio’s convictions and granted their request for a new trial. On Tuesday, Delaware County District Attorney Jack Stollsteimer said he had, in fact, decided to appeal. Attorneys for at least two of the men said the district attorney’s announcement was disappointing. “There could be nothing further than justice than the decision to appeal the judge’s order,” said Vanessa Potkin of the Innocence Project, who represents Johnson.

Persons: Derrick Chappell, Morton Johnson, Samuel Grasty, Henrietta Nickens, They’ve, –, Mary Alice Brennan, Chappell, Johnson, Grasty, Jack Stollsteimer, Stollsteimer, ”, Judge Brennan, ” Stollsteimer, “, Vanessa Potkin, Nilam Sanghvi, ” Sanghvi, Paul Casteleiro, Stollsteimer “, ” Nickens, Chester, CNN’s Dakin Andone Organizations: CNN, Prosecutors, Pennsylvania Innocence Locations: Pennsylvania, Chester , Pennsylvania, Philadelphia, – Delaware County, Delaware County

☆ Travis Clayton: Why the Buffalo Bills picked a player in NFL Draft who has never played football
▼ + stars: | 2024-04-29 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

And on Saturday, the Buffalo Bills drafted someone who they hope will have a similar effect as Mailata, despite never having played a snap of football. With the 221st overall pick and the first pick of the seventh round, the Bills selected Travis Clayton, a former rugby player from the United Kingdom. Clayton has never played in a football game but possesses the raw tools that could translate to play offensive tackle in the league. Clayton played for Basingstoke Rugby club, which plays in the Counties 2 Hampshire Division, the eighth tier of English rugby. Our man Travis Clayton drafted by the Bills.

Persons: Jarryd Hayne, Christian Wade, Louis Rees, Zammit, Jordan Mailata, Travis Clayton, Clayton, Brandon Beane, Jeff Roberson, ” Clayton, “, Lance Zierlein, Zierlein, ” Organizations: CNN, Welsh, Kansas City Chiefs, NFL, Philadelphia Eagles, Buffalo Bills, Bills, ” Bills, Basingstoke Rugby, Hampshire Division, rugby, “ Locations: United Kingdom, Basingstoke, England, Counties

☆ Ford Blue Cruise: US regulators investigate fatal crashes involving hands-free driving technology
▼ + stars: | 2024-04-29 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +1 min

CNN —The National Highway Traffic Safety Administration (NHTSA) is formally investigating Ford’s Blue Cruise hands-free driving system following two fatal crashes. Blue Cruise was first introduced in the 2021 model year and is now available in several models from Ford and Lincoln, the carmaker’s luxury vehicle brand. The investigation specifically involves Blue Cruise in 130,000 Ford Mustang Mach-E electric SUVs. Blue Cruise allows users to take their hands off the steering wheel and feet away from the pedals while driving on selected highways. In both crashes, the Blue Cruise system was in use immediately before the crash.

Persons: Ford’s, Cruise, Blue, Ford Organizations: CNN, Traffic Safety Administration, Ford, Lincoln, Blue Cruise, Reuters, NHTSA Locations: San Antonio, Philadelphia

Known for his hit songs like "I Remember Everything," "Something in the Orange," and "Heading South," Zach Bryan's 2024 tour celebrates his self-titled album that debuted in 2023. We've got you covered if you're looking to buy tickets to Zach Bryan's 2024 Quittin Time Tour. Zach Bryan 2024 tour scheduleZach Bryan has only just begun his tour, with more than 60 shows remaining throughout 2024. How to buy tickets for Zach Bryan's 2024 concert tourYou can buy standard original tickets to Zach Bryan's 2024 tour through Ticketmaster and AXS. Prices for tickets to Zach Bryan's 2024 tour vary depending on date, location, and demand.

Persons: Zach Bryan, Zach Bryan's, We've, Bryan, Zach Bryan's Atlanta, Jason Isbell, Sheryl Crow, Sierra Ferrell, Matt Maeson, Levi Turner, Here's, MN Sheryl Crow, Sierra, Louis ,, Zach Bryan hasn't Organizations: Business, Vivid, SC, Springs, Las, Kansas City, KY, UT, Ticketmaster, FL, Sierra Ferrell, TN Locations: Brooklyn, Bryan's, Tulsa , Oklahoma, Canada, Brooklyn , New York, Omaha, Louis, Greenville, Knoxville, TN, Oklahoma, Oakland, Los Angeles, CA, Las Vegas, Denver, Detroit, MI, Columbus, Nashville, Orlando, Orleans, LA, Houston, Antonio, Greensboro, NC, Philadelphia, Atlanta, Tampa, Arlington, TX, Kansas, Minneapolis, Forks, Louisville, Edmonton, Vancouver, BC, Tacoma, WA, Portland, Sacramento, Glendale, AZ, Salt Lake City, Tulsa, NY, Columbus , Ohio, Arlington , TX, Philadelphia ,, MN, Antonio ,, Greensboro , NC, Kansas City ,, Tacoma , WA, Sacramento , CA, Columbus ,, Edmonton , Alberta, Vancouver , British Columbia

☆ What we learned during the 2024 NFL Draft
▼ + stars: | 2024-04-28 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

CNN —The 2024 NFL Draft drew to a close on Saturday as 257 players were selected by teams from across the league, all hopeful of a bright career lying before them. The 137 selections between Thursday’s first round and Saturday’s fifth round set a record for the longest drought without a quarterback being picked in NFL Draft history. Other offensive players popularInterest in offensive players was high throughout the draft and it was an especially good few days for wide receivers and offensive linemen. Laiatu Latu was the first defensive pick of the NFL Draft. Irrelevant’Jaylen Key is announced as the final pick of the NFL Draft.

Persons: Caleb Williams, Roger Goodell, Gregory Shamus, Williams, Justin Fields, Jayden Daniels, North Carolina’s Drake Maye, –, Michael Penix Jr, J.J, McCarthy, Bo Nix, Penix, Kirk Cousins, Dale Zanine, Reuters “, ” Cousins, Mike McCartney, Mike Garafolo, “, Kirk, ”, Nix, Carolina’s Spencer Rattler, Thursday’s, Marvin Harrison Jr, Pro Football Hall of Famer Marvin Harrison, WRs, Jeff Lewis, Rome Odunze, Malik Nabers, Xavier Worthy, Patrick Mahomes, Kingsley Suamataia, ” Mahomes, Brett Veach, Oregon WR Troy Franklin, Latu, Laiatu Latu, Ruke Orhorhoro, Quinyon Mitchell, Iowa’s Cooper DeJean, Jalyx Hunt, “ It’s, Howie Roseman, Jeff Roberson, You’ve, Key, I’m, Brock Purdy, “ We’ve, Brock Organizations: CNN, Chicago Bears, USC, New York Jets, NFL, Bears, LSU, Washington, New England Patriots, North, Atlanta Falcons, Minnesota Vikings, Denver Broncos, Falcons, New Falcons, USA, Sports, Reuters, New, New Orleans Saints, ESPN, Pro Football Hall of Famer, Arizona Cardinals, Rome, New York Giants, Kansas City Chiefs, Texas WR, Chiefs, BYU, Oregon WR, Ducks, Indianapolis Colts, UCLA, ESPN –, Clemson, Philadelphia Eagles, Houston, ” Eagles, Alabama, Jets, San Francisco 49ers, Super Bowl Locations: Detroit, Nashville, Alabama, New Orleans, Texas, Oregon, Toledo, California

☆ I've lived in Australia for years. Don't make these 8 mistakes when you visit — especially if you're an American like me.
▼ + stars: | 2024-04-28 | by ( Jaimee Marshall | ) www.businessinsider.com time to read: +1 min

I'm from the United States and I've lived in Australia for a few years. Australia has norms US travelers won't be used to — for example, we don't pre-pay for gas here. AdvertisementI'm an American from Philadelphia who has spent the better part of four years living in and traveling through Australia. Although the US and Australia are similar in many ways, some significant differences could lead to misunderstandings or confusion. If you choose to become one of these visitors, avoid making these common mistakes — especially if you're an American.

Persons: I've, — Organizations: Service Locations: United States, Australia, Philadelphia

☆ I'm a federal prison consultant. Here's how I went from being in prison to helping clients get ready to go behind bars.
▼ + stars: | 2024-04-28 | by ( Katie Balevic | ) www.businessinsider.com time to read: +6 min

AdvertisementThis as-told-to essay is based on a conversation with Sam Mangel, a federal prison consultant with his own firm. Mangel went into the field after pleading guilty to wire fraud in an insurance fraud scheme and being sentenced to time in prison. That's when I realized that to a criminal defense attorney, you're just a number. I ask myself how can I help clients in a non-legal manner get the best outcome at sentencing? Because I got to tell you, you're in prison, you're going to get three meals a day, you're going to get your clothes cleaned, you're going to have a place to sleep.

Persons: Sam Mangel, Mangel, —, hadn't, COVID, it's, They've, they're Organizations: Service, FBI Locations: Florida, Philadelphia

☆ Regulators Seize Republic First, a Troubled Philadelphia Bank
▼ + stars: | 2024-04-26 | by ( Kashmir Hill | More About Kashmir Hill | ) www.nytimes.com time to read: 1 min

Regulators late Friday seized Republic First Bancorp, a troubled Philadelphia lender, in the first U.S. bank failure this year. Republic First Bancorp, known as Republic Bank, had about $4 billion in deposits at the end of January and assets worth $6 billion, the Federal Deposit Insurance Corporation said in a statement. said, with Republic First’s 32 branches in Pennsylvania, New Jersey and New York reopening as soon as Saturday as Fulton Bank branches. Founded in 1988, Republic First was smaller than the midsize banks that collapsed last year — including First Republic Bank and Silicon Valley Bank, whose assets each topped $200 billion. expects the cost to the Deposit Insurance Fund to be $667 million.

Organizations: First Bancorp, Republic First Bancorp, Republic Bank, Federal Deposit Insurance Corporation, Fulton Bank of Lancaster, Fulton Bank, First Republic Bank, Silicon Valley Bank, Deposit Insurance Fund Locations: Philadelphia, U.S, Republic, Pa, Pennsylvania , New Jersey, New York

☆ American Airlines cuts some international flights into 2025 citing Boeing delivery delays
▼ + stars: | 2024-04-26 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. "We're making these adjustments now to ensure we're able to re-accommodate customers on affected flights," American said in a statement. Flights from New York to Barcelona will be suspended Sept. 3. Flights from Dallas/Fort Worth International to Dublin and to Rome, which were both scheduled as year-round flights, will now be suspended on Oct. 26. Flights from Chicago O'Hare to Paris will end Sept. 3 and resume next year.

Persons: John F, Boeing didn't Organizations: Boeing, American Airlines, Kennedy International, Fort Worth International, Dublin, Chicago O'Hare Locations: Barcelona, Europe, New, Athens, New York, Dallas, Rome, Chicago, Paris, Kona, Hawaii, Philadelphia, Miami, Montevideo, Uruguay, Sao Paulo, Brazil

☆ FDIC says Republic First Bank is closed by Pennsylvania regulators
▼ + stars: | 2024-04-26 | by ( Luciana Lopez | ) edition.cnn.com time to read: +1 min

CNN —The Federal Deposit Insurance Corporation on Friday said that Republic Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year. “Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume substantially all of the deposits and purchase substantially all of the assets of Republic Bank,” the FDIC said in a statement. That makes Republic Bank (FRBK) far smaller than the regional bank failures that rocked the financial world last year. The FDIC said that Republic Bank was the first bank to fail in the United States since Citizens Bank in Sac City, Iowa, in November 2023.

Persons: “ Organizations: CNN, Federal Deposit Insurance Corporation, Bank, First Bank, Republic Bank, Pennsylvania Department of Banking, Securities, Fulton Bank, National Association of Lancaster, Silicon Valley Bank, FDIC, Bloomberg, Citizens Bank Locations: Pennsylvania, “ Philadelphia, National Association of Lancaster , Pennsylvania, Silicon, New Jersey , Pennsylvania, New York, United States, Sac City , Iowa

☆ Two Trump courtroom dramas could help shape the tone of a future presidency
▼ + stars: | 2024-04-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Prosecutors have framed the trial as more than a simple case of falsifying business records — the offense with which Trump has been charged. But the results of Trump’s pending cases — and whether they even come to trial — could help decide the tone of a future presidency. But at the same time, Trump is using the privileges of appeals available to any defendant to their full extent. “We’re writing a rule for the ages.”It’s always hazardous to speculate how Supreme Court justices will rule based on their questioning in oral arguments. This could mean the case returns to lower courts for more litigation — a move that could delay the federal election trial for months, far beyond the November election.

Persons: Donald Trump, George Washington, David Pecker, Trump’s, Trump, —, Trump —, Republican nominee’s, Jack Smith’s, Ketanji Brown Jackson, Jackson, Pecker, didn’t, Matthew Colangelo, he’s, Joe Biden, Biden, “, Benjamin Franklin, inoculate Trump, CNN’s Zachary B, Wolf, Marquis de Lafayette, demagogue, George Conway, ” Conway, CNN’s Wolf, ”, Neil Gorsuch, “ I’m, Amy Coney Barrett, David Sauer, Sauer, Elena Kagan, Kagan, ” Kagan Organizations: CNN, National Enquirer, Republican, Trump, GOP, Prosecutors, Supreme, White House Locations: New York, Georgia, Florida, — Washington, Washington, Philadelphia , Washington

☆ Jim Cramer's favorite investment themes in this rough market and 3 stocks he likes now
▼ + stars: | 2024-04-25 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Here are the responses from Jim Cramer and Director of Portfolio Analysis Jeff Marks. (Gary, Philadelphia) Jim Cramer: Go to Club holding Costco's website and buy gold. When we do see a lot of parabolic moves happening in the market that's usually a sign for us to start raising cash. (Sonny) Jim Cramer: Former President Donald Trump wants more defense. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Jeff Marks, Wells, It's, They're, —, Sonny, Donald Trump, Trump, Joe Biden, James, Johnson, That's, – Alibaba, Eaton, Michael, you've, Anthony, Dupont, Stanley Black, Decker, Eli Lilly –, that's, Nancy, Estee Lauder, they're, Gordon, Cash, Wynn, I'm, it's, Jim Cramer's, Jim Organizations: Investing Club, JPMorgan, Costco, Investing, Abbott Labs, Baidu, PDD Holdings, Bank of America, Nike, Trust, Jim Cramer's Charitable, CNBC Locations: North Carolina, Gary, Philadelphia, , Texas, Bob , Minnesota, Eaton

☆ 2024 NFL Draft: 5 quarterbacks taken in the top 10 of the NFL Draft for the first time ever
▼ + stars: | 2024-04-25 | by ( Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —The 2024 NFL Draft has kicked off with the Chicago Bears selecting USC quarterback Caleb Williams with the first overall pick on Thursday night. Earlier Thursday, NFL spokesperson Brian McCarthy said on X 150,000 fans are in attendance at the draft. Here’s everything you need to know about the 2024 NFL Draft. How to watchThe 2024 NFL Draft will be held in Detroit across three days in the downtown area surrounding the Campus Martius Park and Hart Plaza. Pass-catching game-changersAccording to the NFL’s draft expert Daniel Jeremiah and his rankings of the 2024 draft prospects, three of the four best players are wide receivers, and 12 of the top 50 play the position.

Persons: Caleb Williams, Williams, Roger Goodell, Brian McCarthy, USC’s Williams, Kyler Murray, Tom Pennington, Justin Fields, Jayden Daniels, Daniels, Carolina’s Drake Maye, Maye, Lance Zierlein, shouldn’t, ” Daniels, Jonathan Bachman, Michael Penix Jr, JJ McCarthy, Bo Nix, Daniel Jeremiah, Marvin Harrison Jr, Pro Football Hall of Famer Marvin Harrison, Harrison Jr, Pro Bowler, Carmen Mandato, Zierlein, Rome, LSU’s Malik Nabers, Odunze, Larry Fitzgerald, Nabers, Justin Jefferson, Brian Thomas Jr, Adonai Mitchell, Xavier Worthy, Georgia’s Ladd McConkey Organizations: CNN, Chicago Bears, Bears, Hart, NFL Network, ESPN, ESPN2, ESPN Deportes, NFL, Heisman, USC, The Bears, Washington, LSU, New England Patriots, UNC, LSU Tigers, Atlanta Falcons, University of Washington, Minnesota Vikings, New York Jets, Michigan, Denver Broncos, Oregon, Pro Football Hall of Famer, Arizona Cardinals, Ohio State, Indianapolis Colts, New York Giants, of Famer, Getty, Los Angeles Chargers, Tennessee Titans, Las Vegas Raiders, New, New Orleans Saints, Seattle Seahawks, Jacksonville Jaguars, Cincinnati Bengals, Los Angeles Rams, Pittsburgh Steelers, Miami Dolphins, Philadelphia Eagles, Dallas Cowboys, Green Bay Packers, Tampa Bay Buccaneers, Buffalo Bills, Detroit Lions, Baltimore Ravens, San Francisco 49ers, Kansas City Chiefs Locations: Detroit, Baton Rouge, Texas, Carolina, New Orleans, Cleveland, Houston

Search resuls for: "PHILADELPHIA"

25 mentions found