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Shares of U.S. regional banks rose, led by a 11.6% premarket rise in Western Alliance Bancorp (WAL.N) as the lender's deposit growth exceeded $2 billion and brokerage Bank of America Global Research resumed coverage of the bank with a "buy" rating. U.S. President Joe Biden will continue talks with congressional leaders on the debt ceiling later this week, the White House said one day after an hour-long meeting seen as productive. "Cautious optimism expressed from both President (Joe) Biden and Speaker (Kevin) McCarthy about the progress of the debt talks has made people feel a little bit better," said Michael James, managing director of equity trading at Wedbush Securities. Target Corp(TGT.N) edged 0.4% higher in choppy trading after the retailer beat first-quarter profit expectations but forecast current-quarter profit below expectations. ET, Dow e-minis were up 129 points, or 0.39%, S&P 500 e-minis were up 13 points, or 0.32%, and Nasdaq 100 e-minis were up 18.5 points, or 0.14%.

☆ Çanakkale: Where ancient Troy sits beside the modern city
▼ + stars: | 2023-05-10 | by ( Nick Hilden | ) edition.cnn.com time to read: +9 min

CNN —An enormous wooden horse presides over the marina in Çanakkale, a small port city southwest of Istanbul. The clapboard animal is a mock-up of the Trojan Horse of mythological fame. Çanakkale (pronounced cha-na-call-ay) stands adjacent to the archaeological site that was once the ancient city of Troy, best known as the setting of the Trojan War in Homer’s “Iliad.”A giant wooden horse watches over Çanakkale. Today when you visit Truva – either via car or a short bus ride from Çanakkale – a second model of the Trojan Horse looms at the entrance. “We know that there were many wars that occurred at Troy,” Rose explains.

☆ The Coronation of King Charles: Order of Service
▼ + stars: | 2023-05-06 | by ( ) edition.cnn.com time to read: +46 min

The Archbishop saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? Christopher Finney GC saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? We praise thee, we bless thee,we worship thee, we glorify thee,we give thanks to thee for thy great glory,O Lord God, heavenly King, God the Father Almighty. O clap your hands together, all ye people;O sing unto God with the voice of melody. The King touches the Ring and the Archbishop saysReceive this Ring, symbol of kingly dignity and a sign of the covenant sworn this day, between God and King, King and people.

By attributing that knowledge to JPMorgan, Epstein's accusers might show that JPMorgan "actually knew" about the venture or "recklessly disregarded" its existence, Rakoff said. JPMorgan is separately suing Staley to cover its losses in the two lawsuits it faces, and forfeit eight years of pay. 22-10018; Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

☆ The park with the most roller coasters in the world
▼ + stars: | 2023-04-30 | by ( Forrest Brown | ) edition.cnn.com time to read: +13 min

Impressive collections can be found in many parts of the world, but which park currently holds more roller coasters than any other? With a whopping 20 roller coasters, Six Flags Magic Mountain even rates a mention with Guinness World Records – helping the park justify its “Thrill Capital of the World” slogan. “I think there are a lot of great rides at Six Flags Magic Mountain.” he told CNN Travel recently. “But there are some other more fundamental reasons for why Six Flags Magic Mountain has so many roller coasters.”Location, prosperity and weather all played roles, he said. They’re fast, they’re twisty.”GoliathMartin Lewison said Goliath has the biggest drop of any traditional-style roller coaster at Six Flags Magic Mountain.

☆ South Koreans tap cash-giving apps to help offset rising living costs
▼ + stars: | 2023-04-24 | by ( Hyunsu Yim | ) www.reuters.com time to read: +2 min

As many as three in four adults earn cash through such applications, showed a recent survey by job portal Incruit. Retiree Han Sun-jae, 77, said he had made some 50,000 won ($37.91) so far through the Toss app. The trend shows people are going the extra mile to help overcome an increasingly dire economic situation, experts said. "While the effort to make pocket money is commendable, it could also leave people vulnerable to personal data use," said Lee Eun-hee, a consumer studies professor at Inha University. ($1 = 1,318.79 won)Reporting by Hyunsu Yim; Additional reporting by Ju-min Park; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ Major analysts are cautious on Tesla, say EV leader may be going too far with price cuts
▼ + stars: | 2023-04-20 | by ( Brian Evans | ) www.cnbc.com time to read: +6 min

But the focus of analysts were the price cuts and how far the company will go to juice demand. That said, this is balanced by concerns of increased EV competition, further price cuts, and macro challenges. Evercore ISI, In Line rating, $165 price target: "Gross margin red line of "20%" breached (Q2 will be lower)." Bernstein, Underperform rating, $150 price target: "Importantly, despite significant price cuts, demand still appears challenged for Tesla and price elasticity appears to be more muted than Tesla believed. Citigroup, Neutral rating, $175 price target (Down from $192): "The Q1 margin miss confirms that price cuts weren't offset to the extent previously expected.

In Southeast Asia, some countries posted their highest ever recorded temperatures this week, while searing heat in the Indian subcontinent has killed more than a dozen people. Neighboring Myanmar set an April temperature record on Monday as Kalewa, in central Sagaing region, reached 44°C (111°F), Herrera tweeted. April and May are typically the hottest months of the year for South and Southeast Asia as temperatures rise before monsoon rains begin and bring some relief. On Monday, more than 100 weather stations in 12 provinces broke their April temperature record, according to climatologist Jim Yang. Extremely hot temperatures across South and Southeast Asia are expected to continue.

☆ 35 Ways Real People Are Using A.I. Right Now
▼ + stars: | 2023-04-14 | by ( Francesca Paris | Larry Buchanan | ) www.nytimes.com time to read: +24 min

People are using ChatGPT and other A.I. Here’s how 35 real people are using A.I for work, life, play and procrastination. People are using A.I to …Plan gardens. Chris Norn Researcher at the University of Washington Two years ago researchers cracked the code on using A.I. When you run a Dungeons & Dragons game, Mr. Green says, you have to be creative, but that almost always means pulling from existing fantasy literature.

NEW YORK, April 12 (Reuters) - A new version of a lawsuit accusing JPMorgan Chase & Co (JPM.N) of aiding in Jeffrey Epstein's sex trafficking includes claims that the bank ignored pleas to cut ties with the financier, and that someone joked about whether Epstein knew Miley Cyrus. In a complaint made public on Wednesday, the U.S. Virgin Islands said JPMorgan compliance officials urged the bank to sever ties with Epstein years before it did so in 2013. The cases in the U.S. District Court, Southern District of New York are: Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

☆ Here are Wednesday's biggest analyst calls: Netflix, Tesla, Honeywell, Amazon, Shopify, Hyatt & more
▼ + stars: | 2023-04-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS upgrades Goldman Sachs to buy from neutral UBS said in its upgrade of the banking giant that it's "resilient." "We are upgrading GS to Buy from Neutral as the firm appears well positioned to outperform amidst elevated levels of market volatility." Morgan Stanley upgrades MongoDB to overweight from equal weight Morgan Stanley said in its upgrade of the developer data platform that it has "share gain opportunities." Morgan Stanley names Box a top pick Morgan Stanley named the cloud content management company as a top pick and says it sees more margin upside ahead. Morgan Stanley upgrades Evercore to overweight from equal weight Morgan Stanley said the investment bank has "underappreciated resiliency."

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☆ Here are Tuesday's biggest analyst calls of the day: Apple, Amazon, UPS, Netflix, WW, Disney & more
▼ + stars: | 2023-04-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Morgan Stanley names UnitedHealth a top pick Morgan Stanley says the healthcare company is best positioned in a recession. Morgan Stanley reiterates Netflix as equal weight Morgan Stanley said Netflix is the "streaming winner" but that it's "priced as such." Morgan Stanley downgrades Nasdaq to equal weight from overweight Morgan Stanley said that it has growth concerns for the exchange operator. JPMorgan upgrades Federated Hermes to overweight from underweight JPMorgan said the rate environment makes the capital market company's stock more attractive. Morgan Stanley upgrades AstraZeneca to overweight from equal weight Morgan Stanley said the pharmaceutical company is "leading the race" to outsmart cancer.

JPMorgan sued Staley last month to have him cover its losses in both lawsuits and forfeit eight years of compensation. Epstein killed himself at age 66 in August 2019 in a Manhattan jail while awaiting trial for sex trafficking. The cases in the U.S. District Court, Southern District of New York are: Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

☆ McIlroy's career Grand Slam bid officially ends with missed cut
▼ + stars: | 2023-04-08 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

One of the pre-tournament favourites, McIlroy's disappointment dragged on into Saturday as 39 players returned to complete their weather hit rounds where the cut line was set at three over. Major winners Bryson DeChambeau, Sergio Garcia and Bubba Watson along with Jason Kokrak all missed the cut. Tiger Woods made the cut but by the skin of his teeth when good friend Justin Thomas bogeyed the 17th moving the cut line to three over. "I've always loved this golf course, and I love playing this event," said Woods at the end of his round before the cut line had been set. Couples also became the oldest player in Masters history to make the cut when the 63-year-old returned a second round two-over 74 for a one-over total.

☆ Bank Regulator Drops Case Against Ex-Rabobank U.S. Compliance Chief
▼ + stars: | 2023-04-07 | by ( Richard Vanderford | ) www.wsj.com time to read: 1 min

Rabobank NA was the California subsidiary of Netherlands-based Rabobank. A branch in Thousand Oaks, Calif., shown above in 2018, the year the bank pleaded guilty to conspiring to conceal its problems from the OCC. A U.S. banking regulator has dropped a case against a former Rabobank NA compliance chief who allegedly tried to cover up problems in the bank’s anti-money-laundering program, finding the judge in the case hadn’t given her a fair hearing. The U.S. Office of the Comptroller of the Currency said it would “reluctantly” end its case against Laura Akahoshi, a onetime OCC employee who later worked as Rabobank’s compliance chief. She was accused of obstructing OCC efforts to investigate Rabobank by allegedly working to hide a critical report produced by an accounting firm.

"Jane Doe herself has directly accused him of horrific sexual misconduct and, if true, he must be held accountable." In a separate letter, lawyers for the Epstein accusers also supported severing the Staley case, but for a different reason. 22-10018; Jane Doe 1 v JPMorgan Chase & Co, No. 22-10019; Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, No. 22-10904; and JPMorgan Chase Bank NA v Staley, in Nos.

☆ Scheffler gets late Masters tee time, LIV Golf players separated
▼ + stars: | 2023-04-04 | by ( Frank Pingue | ) www.reuters.com time to read: +2 min

World number one Scheffler, bidding to become the fourth player to repeat as Masters champion, will go out in the third-last group at 1:36 p.m. Australian Smith, one of 18 players from the Saudi-backed LIV Golf circuit in the field at Augusta National, will set off at 10:54 a.m. ET in the company of 2021 Masters winner Matsuyama on Japan and South Korea's Im Sung-jae. Among other notable LIV Golf players at the year's first major, three-times Masters champion Phil Mickelson will play alongside fellow American Tom Hoge and South Korea's Kim Si-woo. Dustin Johnson, who won the 2020 Masters before making the move to LIV Golf last year, will tee off with Canada's Corey Conners and England's Justin Rose.

☆ Barclays sees Nike shares surging more than 20% after the apparel giant's latest earnings report
▼ + stars: | 2023-03-22 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

It's time to get into Nike shares, according to Barclays. "Sales upside was across both DTC and Wholesale and all geographies led by NA, except China." NKE YTD mountain Nike shares YTD Nike worked to offload excess inventory and navigate issues in its supply chain like other retailers during the holiday season. Nike shares are 7% higher in 2023 after dropping nearly 30% last year. Nike shares were down 0.5% in the Wednesday premarket.

☆ Canadian lender RBC increases work-from-office time as COVID ebbs
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +1 min

March 21 (Reuters) - Royal Bank of Canada (RY.TO) on Tuesday asked its employees to return to office three or four days a week, as Canada's largest lender eases its COVID-19 protocols. In an internal memo to employees seen by Reuters, RBC said that "starting May 1, employees in hybrid work arrangements will come together in person for the majority of the time. This means you have the option to work remotely for one to two days each week, depending on your team". Nearly three years after the onset of the pandemic, companies across the globe have ramped up efforts to bring more employees back to offices. RBC Chief Executive Officer Dave McKay last year asked its employees to return to office more often, but said the hybrid work approach was "here to stay".

[1/2] A J.P. Morgan logo is seen outside the JPMorgan bank offices in Paris, France, January 27, 2023. REUTERS/Sarah MeyssonnierNEW YORK, March 20 (Reuters) - A U.S. judge said on Monday JPMorgan Chase & Co (JPM.N) and Deutsche Bank AG (DBKGn.DE) must face lawsuits accusing them of enabling Jeffrey Epstein's sex trafficking. Rakoff's decision gives the plaintiffs a chance to prove that JPMorgan and Deutsche Bank knowingly benefited from involvement in Epstein's sex trafficking. Epstein had been a client of JPMorgan from 2000 to 2013, and Deutsche Bank from 2013 to 2018. The cases in the U.S. District Court, Southern District of New York are: Jane Doe 1 v Deutsche Bank AG et al, No.

[1/5] Badminton - All England Open Badminton Championships - Utilita Arena, Birmingham, Britain - March 19, 2023 South Korea's An Se-young celebrates on the podium after winning the women's singles final Action Images via Reuters/Andrew BoyersBIRMINGHAM, England, March 19 (Reuters) - South Korea's An Se Young smashed her way to the women's singles title at the All England Open badminton championships on Sunday, beating Tokyo 2020 Olympics gold medallist Chen Yu Fei of China. "I'm so tremendously happy," said An, 21, who had knocked Tokyo Olympics silver medallist Tai Tzu Ying of Taiwan out in the semi-finals on Saturday. It was touch-and-go for An in the second half of the final game, with Chen pressing with aggressive smashes and smart backhands. China beat South Korea in the mixed doubles final 21-16 16-21 21-12. Later on Sunday, Li Shi Feng will play fellow Chinese shuttler Shi Yu Qi in the men's final.

☆ Silicon Valley Bridge Bank to Ease Deposit Rules, Some Customers Say
▼ + stars: | 2023-03-16 | by ( Yuliya Chernova | Angus Loten | ) www.wsj.com time to read: 1 min

Startups and investors say the newly created entity that took over from Silicon Valley Bank is offering some flexibility when it comes to deposit requirements for borrowers. Silicon Valley Bridge Bank NA in individual instances is easing a provision that startups must keep all of their capital with the bank as part of their loan agreements, borrowers and investors say. The bank is also moving to forgo penalties for borrowers who moved money out of the bank in recent days, in technical violation of their borrowing covenants.

U.S. District Judge Jed Rakoff in Manhattan said the bank must turn over requested documents from 2015 to 2019, a period after JPMorgan had dropped Epstein as a client. The U.S. Virgin Islands has called Dimon "a likely source of relevant and unique information" about why JPMorgan kept Epstein on, and discussions on Epstein's referrals of prominent and wealthy potential clients. Lawyers for the U.S. Virgin Islands did not immediately respond to requests for comment. JPMorgan wants Staley to reimburse it for damages it might incur in the other lawsuits, and return eight years of compensation. The case is Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No.

The Wall Street bank also wants Staley to repay all compensation from 2006 to 2013. Staley has acknowledged having been friendly with Epstein, but expressed regret for their relationship and denied knowing about the financier's alleged crimes. Epstein killed himself in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges. Staley resigned as Barclays' chief executive in November 2021 amid a dispute with British financial regulators examining his ties to Epstein. The cases are JPMorgan Chase Bank NA v Staley, U.S. District Court, Southern District of New York, No.

☆ Here are Tuesday's biggest analyst calls: Apple, Amazon, Arista, Costco, Joby, Netflix & more
▼ + stars: | 2023-03-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Northcoast upgrades Costco to buy from hold Northcoast said it sees more upside for the wholesale retailer. " Goldman Sachs initiates Arista Networks and Juniper as buy Goldman initiated several networking equipment stocks, noting they are attractively valued. Deutsche Bank downgrades Joby to sell from hold Deutsche said it sees too many risks for the aviation company. Morgan Stanley reiterates Walmart as overweight Morgan Stanley said its standing by shares of Walmart as the retail giant continues to sign up new members for its Walmart+. Loop reiterates Netflix as hold Loop said its survey checks show that password sharing charging is increasing revenue for Netflix.

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