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☆ One family may have to travel 185 miles to Chicago to get gender-affirming care after Indiana banned treatment for trans minors
▼ + stars: | 2023-07-15 | by ( Arleigh Rodgers | Michael Goldberg | Associated Press | ) www.businessinsider.com time to read: +10 min

An expert said trans kids need what all young people need: "to feel included and part of a family." The following afternoon, Flower and Jennilyn Nichols would see a doctor at the University of Chicago to learn whether they could keep Flower, 11, on puberty blockers. At least 20 states have enacted laws restricting or banning gender-affirming care for trans minors, though several are embroiled in legal challenges. Flower Nichols hugs her mom, Jennilyn Nichols, as they watch the Pride Parade, Saturday, June 10, 2023, in Indianapolis. Flower Nichols, middle, watches the Pride Parade with her parents Kris and Jennilyn Nichols, Saturday, June 10, 2023, in Indianapolis.

Persons: Flower Nichols, Jennilyn Nichols, Eric Holcomb, Darron Cummings Jennilyn Nichols, Nichols, Parker, Kris, Darron Cummings, Robert Marx, Marx, Krisztina Inskeep, Inskeep, Indiana University's Riley, Flower, Jennilyn, —, Teresa Crawford, She's, ___ Arleigh Rodgers, Michael Goldberg, Rodgers, Goldberg Organizations: Indiana, Service, University of Chicago, Republican Gov, AP, of Science, Industry, Republican, San José State University, Indiana University's Riley Children's Hospital, Hoosier, Red, Indiana Statehouse, Scout, Chicago's Museum of Science and, Associated Press, America Statehouse News Initiative, America Locations: Indianapolis, Chicago, Wall, Silicon, Indiana, Indiana , Mississippi, babysit, brightened, Chicago's, Jackson

☆ Big companies toughen banking partner screening after crisis - survey
▼ + stars: | 2023-07-13 | by ( Laura Matthews | ) www.reuters.com time to read: +2 min

NEW YORK, July 13 (Reuters) - Large companies are spreading out their counterparty risk and increasing screening of their banking partners in response to the recent banking crisis that has been a "wake-up call", according to an industry survey to be released on Thursday. Multinational companies and those with sales overseas use banks, or counterparties to the transactions, to trade foreign exchange and hedge currency risk. "All of a sudden there's a wake-up call," said Eric Huttman, CEO at MillTechFX, the specialist currency arm of Millennium Global. Huttman said his firm has added dozens of clients since the banking crisis and all of them have spent more time asking about its counterparty selection process. "The broad questions that companies are asking are, is my banking partner sound and will they be there when I need them," said Dhargalkar.

Persons: Eric Huttman, Huttman, Amol Dhargalkar, Banks, Laura Matthews, Megan Davies, Muralikumar Organizations: YORK, MillTechFX, Millennium, UBS, Credit Suisse, Chatham Financial, Thomson Locations: North America, Europe, Swiss

☆ MLB roundup: 10th-inning blast lifts Tigers over Rockies
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +11 min

Phillies starter Zack Wheeler (7-4) allowed four runs and seven hits in five innings. Toronto left-hander Yusei Kikuchi (7-3) allowed five runs, seven hits and two walks in 4 1/3 innings. Baltimore starter Kyle Bradish (4-4) nearly matched Ober, giving up one run on seven hits over six innings. Burnes (6-5) gave up two runs and one hit in seven innings, with seven strikeouts and two walks. Cardinals starting pitcher Matthew Liberatore (1-3) allowed three runs on seven hits in 4 1/3 innings.

Persons: Zach McKinstry, Jonathan Schoop, Schoop, Pierce Johnson, Eric Haase, McKinstry, Kris Bryant's, Alex Lange, Ryan McMahon, Lange, C.J . Cron, Ezequiel Tovar, Alec Bohm, Kyle Schwarber, Zack Wheeler, Schwarber's, Dominic Smith, Tyler Wade, Elvis Andrus, Kendall Graveman, JJ Bleday, Andrus, Bleday, Wade, Shintaro Fujinami, Eloy Jimenez, Juan Soto, Manny Machado, San Diego, Michael Wacha, Fernando Tatis Jr, Elly De La Cruz, Brandon Williamson, Williamson, Paul Goldschmidt, Louis, Goldschmidt, Jack Flaherty, Luis Severino, DJ LeMahieu's, Jake Bauers, Rafael Devers, Justin Turner, Kutter Crawford, Matt Chapman, George Springer, Bo Bichette, Yusei Kikuchi, Bailey Ober, Joey Gallo, Ober, Griffin Jax, Jhoan Duran, Kyle Bradish, Nathan Eovaldi, Will Smith, Hunter Brown, Brown, Yelich, Raimel Tapia, Corbin Burnes, Jesse Winker, Victor Caratini, Jack Suwinski, Tucupita Marcano, Jared Triolo, Josh Palacios, Ronald Acuna Jr, Ozzie Albies, phenom Eury Perez, Perez, Charlie Morton, Morton, Justin Verlander, Francisco Alvarez, Brandon Nimmo, Francisco Lindor, Thairo Estrada, Davis, Julio Urias, Salvador Perez, Maikel Garcia, Yonny Hernandez's, Mookie Betts, Freddie Freeman, George Kirby, Crawford, Luke Raley, Paul Sewald, Tyler Glasnow, Tanner Bibee, Marcus Stroman, Bibee, Jose Ramirez, Amed Rosario, Stroman, Anthony Volpe, Isiah Kiner, Falefa, Gleyber Torres, Michael King, Matthew Liberatore, Lars Nootbaar, Ryne Nelson, Gabriel Moreno, Moreno, Emmanuel Rivera, Anthony Rendon, Mike Trout, Shohei Ohtani Organizations: Detroit Tigers, Colorado Rockies, Denver, Rockies, Detroit, Colorado, Phillies, Nationals, Philadelphia, Washington, Athletics, White Sox, Oakland, Chicago, Padres, Reds, San, The Reds, Cardinals, Yankees, New York, DJ, Red Sox, Blue Jays, Boston, Toronto, Orioles, Minnesota, Baltimore, Rangers, Astros, Houston, Brewers, Pirates, Milwaukee, Pittsburgh, Braves, Marlins, Atlanta, Miami, The Braves, Mets, Giants, New, J.D, San Francisco's, Royals, Dodgers, Kansas City, Mariners, Rays, Seattle, Tampa Bay, Kirby, Cubs, Cleveland, St, Diamondbacks, Los Angeles, Angels, Thomson Locations: C.J, Washington, Cincinnati, New York, Baltimore, Ober, Houston, Texas, Arlington , Texas, Atlanta, San Francisco, Los Angeles, Chicago, Arizona, Anaheim, Calif, Nelson

☆ MLB roundup: Reds sweep Rockies, win 11th straight
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +10 min

They were swept in the three-game series at Cincinnati. Alcantara (2-6), the reigning National League Cy Young Award winner, allowed 10 hits and five runs in seven innings. Cubs 8, Pirates 3Nico Hoerner homered and hit a two-run triple as visiting Chicago completed a three-game series sweep of Pittsburgh. The Diamondbacks secured a victory in the three-game series with their fourth win in six games. Kansas City starter Brady Singer (4-7) gave up five runs and seven hits in seven innings.

Persons: Will Benson, Jake Fraley, TJ Friedl, David Kohl, Luke Maile, Andrew Abbott, Ian Gibaut, Buck Farmer, Daniel Bard, Fraley's, Elly De La, Randy Arozarena, Isaac Paredes, Taj Bradley, Bradley, Baltimore's Ramon Urias, Gunnar Henderson, Ryan O'Hearn, Tyler Wells, Ezequiel Duran, Jonah Heim, Martin Perez, Perez, Josh Sborz, Will Smith, Michael Kopech, Touki Toussaint, Sandy Alcantara, George Springer, Matt Chapman, Kevin Gausman, Alcantara, National League Cy Young, Miami's Luis Arraez, Nico Hoerner, Ian Happ, Nick Madrigal, Kyle Hendricks, Josh Palacios, Rich Hill, Zac Gallen, Emmanuel Rivera, Alek Thomas, Julio Teheran, Zack Short, Eric Haase, Javier Baez, Matthew Boyd, Brady Singer, Freddy Fermin, Trevor Williams, Louis, Mason Thompson, Kyle Finnegan, Hunter Harvey, Williams, Miles Mikolas, CJ Abrams, Luis Garcia, Alex Bregman, Yainer Diaz, Chas McCormick, Corey Julks, Daniel Vogelbach, Pete Alonso, Jhonny Brito, Jake Bauers, Billy McKinney, Luis Castillo, Aaron Judge, Anthony Volpe, Brito, Castillo, Josh Naylor, Jose Ramirez, Steven Kwan, Gavin Williams, Ryan Noda, Esteury Ruiz, Paul Blackburn, Kyle Farmer, Max Kepler, Jovani Moran, Justin Turner, Freddie Freeman, Miguel Vargas, Aaron Loup, Brusdar Graterol, Victor Gonzalez, Yency Almonte, Evan Phillips, Joc Pederson, Mike Yastrzemski, Davis, Ryan Walker, Sean Hjelle, Yu Darvish, Walker Organizations: Cincinnati Reds, Reds, Colorado Rockies, floundering Colorado Rockies, Rockies, Cincinnati, The Reds, Rays, Orioles, Tampa, Baltimore, Rangers, White Sox, Chicago, Blue Jays, Marlins, Toronto, Miami, National League, Cubs, Pirates, Pittsburgh, Diamondbacks, Brewers, Arizona, Milwaukee, The Diamondbacks, Tigers, Royals, Detroit, Kansas City, Nationals, Cardinals, Washington, St, Astros, Mets, Houston, Yankees, Mariners, New York, Seattle, Athletics, Oakland, Guardians, Cleveland, Red Sox, Boston, The Twins, Ort, Minnesota, Dodgers, Angels, Seven Dodgers, Giants, Padres, San Diego Padres, Thomson Locations: Cincinnati , Ohio, USA, Elly De La Cruz, St . Petersburg, Fla, Arozarena, Texas, Pittsburgh, Arizona, Washington, San Francisco, Kansas City, New, Cleveland, Minnesota, Minneapolis, Anaheim , Calif, Ohtani

☆ The economic consequences for students during the pandemic 'could be far greater than those of the Great Recession'
▼ + stars: | 2023-06-20 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +3 min

Student "learning loss," could prove to be more economically damaging than the Great Recession. School shutdowns hit Black and Hispanic students harder than White and Asian students. The federal government has given $190 billion to schools in the hopes of mitigating the impact. Districts with a high rate of students experiencing poverty have been worse off, ProPublica reported. The only way to solve this, according to a December 2022 Economic Policy Institute report is to increase pay for teachers and provide more support in classrooms.

Persons: shutdowns, —, ProPublica, Eric Hanushek, Hanushek, It's Organizations: Service, Stanford, Brookings Institute, Gross

☆ Starc left out as England signal attacking intent in Ashes
▼ + stars: | 2023-06-16 | by ( Peter Hall | ) www.reuters.com time to read: +2 min

The big news ahead of one of the most eagerly anticipated Ashes series in many years, as in-form, attacking England take on World Test Champions Australia, came from the tourists, as they replaced Mitchell Starc with Josh Hazlewood in their bowling attack. Fifteen wins from their previous 17 test matches has home support dreaming of a first Ashes series win since 2015. The England dressing room roared its approval, as England gave a sign that their attacking principles, even in an Ashes series, would remain the same. It was in stark contrast to the first ball of the last Ashes series, when Starc clean bowled England opener Rory Burns, ahead of Australia’s rampant 4-0 success. This time around, the early signs are that England are in much better shape.

Persons: Zak Crawley, Crawley, Pat Cummins, Mitchell Starc, Josh Hazlewood, Stokes, Eric Hollies, Rory Burns, Peter Hall, Toby Davis Organizations: Australia, Edgbaston, England, Crawley, Cummins, Thomson Locations: BIRMINGHAM, England, Birmingham, Australia

☆ MLB roundup: Down to last strike, Giants stun Cards
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +12 min

Ronald Acuna Jr. supplied three hits, including a homer, and drove in three runs for the Braves. Spencer Strider (7-2) gave up five runs, including three homers, in five innings but still collected the win. Orlando Arcia had two hits and drove in two runs for Atlanta, which has won nine of its last 11. Detroit starter Michael Lorenzen (2-4) gave up all six Braves runs and nine hits in six innings. Astros 5, Nationals 4Jose Abreu recorded two extra-base hits and three RBIs and scored with two outs in the ninth inning as host Houston edged Washington.

Persons: Mike Yastrzemski, Jeff Curry, Thairo Estrada, Wilmer Flores, LaMonte Wade Jr, Francisco, Jakob Junis, Taylor Rogers, Ryan Walker, Tyler Rogers, Camilo Doval, Tommy Edman, Steven Matz, Brandon Nimmo, Isiah Kiner, Dominic Leone, Josh Donaldson, Mark Vientos, Albert Abreu, Nick Ramirez, Nimmo, Michael Harris II, Ronald Acuna Jr, Orlando Arcia, Spencer Strider, Miguel Cabrera, Eric Haase, Spencer Torkelson, Reese Olson, Ozzie Albies, Eddie Rosario, Collin McHugh, Joe Jimenez, A.J, Minter, Jake Rogers, Andy Ibanez, Matt Vierling, Michael Lorenzen, Mike Tauchman, Dansby Swanson, Osvaldo Bido, Roansy Contreras, Contreras, Drew Smyly, Carlos Correa, Bailey Ober, Brian Anderson, Luis Urias, Ober, Colin Rea, Jose Berrios, George Springer, Berrios, Adley Rutschman, Kyle Bradish, Toronto's Jordan Romano, Ryan O'Hearn, Austin Hays, Aaron Hicks, Adam Frazier, Jose Abreu, Hunter Harvey, Jake Meyers, C.J . Abrams, Kyle Tucker, Keibert Ruiz, Meyers, Abreu, Marcus Semien, Corey Seager, Jimmy Herget, Seager, Shohei Ohtani, Will Smith, Smith, Mike Trout, Anthony Rendon, Matt McLain, Stuart Fairchild, McLain, Jonathan India, Spencer Steer, Edward Olivares, Bobby Witt Jr, Jake Burger, Clint Frazier, Luis Robert Jr, Burger, Alex Vesia, plunked Andrew Benintendi, Frazier, Reynaldo Lopez, Mike Clevinger, Eury Perez, Jorge Soler, Jesus Sanchez, Perez, Eugenio Suarez, Sanchez, Soler, Seattle's Luis Castillo, Pete Alonso, Rob Refsnyder's, Jarren Duran, Connor Wong, Justin Turner, Alex Verdugo, Turner, Garrett Whitlock, Austin Gomber, Michael Wacha, Fernando Tatis Jr, Manny Machado, Juan Soto, Nelson Cruz, Tatis, Aaron Civale, Realmuto, Craig Kimbrel, Jose Alvarado, Arizona's Scott McGough, Kyle Schwarber, Trea Turner, Gerardo Perdomo, Jake McCarthy, Nick Castellanos, Manuel Margot, Yandy Diaz, JJ Bleday, Tyler Glasnow, Luis Medina Organizations: San Francisco Giants, St, Louis Cardinals, Busch, USA, Giants, Cardinals, Mets, Yankees, New York Mets, New York Yankees, The Mets, Braves, Tigers, Atlanta, Detroit, Cubs, Pirates, Pittsburgh, Chicago, Brewers, Milwaukee, The Twins, Twins, Blue Jays, Orioles, Toronto, Baltimore, Astros, Nationals, Houston, Washington, Rangers, Angels, Los Angeles, The Rangers, Reds, Royals, Cincinnati, Kansas City, White Sox, Dodgers, Marlins, Mariners, Miami, Seattle, Los Angeles Angels, Red Sox, Rockies, Boston, Colorado, The Red Sox, Austin, Padres, San Diego, Cleveland, Phillies, Diamondbacks, Philadelphia, Arizona, Rays, Tampa Bay, Oakland, Athletics, Thomson Locations: Louis , Missouri, USA, Minnesota, Minneapolis, Milwaukee, Washington, Texas, Los, Arlington , Texas, Los Angeles, Phoenix

☆ Opinion | Republicans Are No Longer Calling This Election Program a ‘Godsend’
▼ + stars: | 2023-06-06 | by ( Jesse Wegman | ) www.nytimes.com time to read: +2 min

Because of our decentralized election system, the responsibility to sort out this mess falls to the states. Federal and state laws require states to maintain accurate voter rolls, but the states have no established way to communicate and coordinate with one another. The existence of searchable voter data itself is relatively new: As recently as 2000, only seven states had computerized statewide voter databases. One early effort, like the Interstate Crosscheck program, failed miserably because of inadequate data analysis and poor security practices. That information — drawn from voter rolls, D.M.V.

Persons: ERIC, “, ”, Danielle Lang, Ron DeSantis Organizations: Federal, District of Columbia Locations: Florida, ”, Ohio

☆ Out-of-control tip culture meets summer travel: Are you ready for a $19 daily charge for staff tips and $50 'check-in fee'?
▼ + stars: | 2023-06-02 | by ( Will Gendron | ) www.businessinsider.com time to read: +5 min

On top of a nightly charge of as much as £918, or about $1142, the hotel charges guests a daily £15, or $19, service fee. The Dreamcatcher DW in San Juan, Puerto Rico, is another hotel that charges an undisclosed $15 a night "hotel fee." "We do have a $50 check-in fee that started at the beginning of this year," a spokesperson for Hanalei Bay Resort told Insider. More general resort fees that are tacked onto customer bills are not new. Hrubant says that resort fees started to become standard in major cities in 2018, functioning as an ancillary fee that can "gouge clients."

Persons: —, Alexa Moore, I've, Eric Hrubant, Hrubant, aren't, Henrik Helgesen, bellman, gratuity —, costumers Organizations: Service, Resort, New, CIRE, Street Journal Locations: Montague, London, San Juan , Puerto Rico, Kauai, Hawaii, New York, California, Arizona

☆ MLB roundup: Rays win shootout, take series from Dodgers
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +12 min

Rays starter Josh Fleming allowed 10 runs (eight earned) on 12 hits, including five home runs, in six innings. Dylan Covey (0-1) retired only two batters in his first start since 2019 and was tagged for seven runs (five earned) on six hits. Darvish (3-4) allowed a season-high seven runs and seven hits in 2 2/3 innings. Gerrit Cole (6-0) allowed a homer to Jake Cronenworth two batters into the game and a two-run homer to Rougned Odor in the seventh. Alex Cobb (4-2) gave up a season-high seven runs on seven hits in four innings.

☆ AGCO CEO Hansotia: even if the war in Ukraine ends it will be a while until the area can grow crops
▼ + stars: | 2023-05-19 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAGCO CEO Hansotia: even if the war in Ukraine ends it will be a while until the area can grow crops'Mad Money' host Jim Cramer sits down with AGCO CEO Eric Hansotia to discuss the cost of farming, demand in the space, and more.

☆ Jim Cramer sits down with AGCO CEO Eric Hansotia
▼ + stars: | 2023-05-19 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer sits down with AGCO CEO Eric Hansotia'Mad Money' host Jim Cramer sits down with AGCO CEO Eric Hansotia to discuss the cost of farming, demand in the space, and more.

☆ Agco CEO says food inflation is here to stay, even if the war in Ukraine ends tomorrow
▼ + stars: | 2023-05-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CEO Eric Hansotia of agriculture-machinery manufacturer Agco told CNBC's Jim Cramer on Friday that elevated grain prices — and the high cost of food — will persist, even if Russia's invasion of Ukraine ended tomorrow. Both Russia and Ukraine serve as major global grain suppliers, with the latter often referred to as the "breadbasket of Europe," and so when the war broke out in February 2022 it sent the world's food supply chain into turmoil. Coupled with climate issues — namely droughts across Europe and North America — the food supply chain disaster spurred by the Russia's invasion is not likely to fade anytime soon, according to Hansotia. Despite grain supply chain issues, Agco — which sells big-ticket agriculture equipment like tractors and combines — recently reported a successful quarter. "The stocks-to use-ratio — essentially how much grain is in the market — has been coming down for six years in a row," Hansotia told Cramer.

"I believe it was a series of unprecedented events that all came together in the fastest bank run in history," Becker told the Senate Banking Committee. "I was the CEO of Silicon Valley Bank, I take responsibility for what ultimately happened," Becker said. Executives from Signature Bank also testified alongside Becker on Tuesday, pushing back on assertions from lawmakers that the bank had weak corporate governance. "I don't believe that there was mismanagement at the bank," said Eric Howell, the former president of Signature Bank. The bank tried to cover the loss by raising capital, but in announcing the transaction helped fuel a bank run.

☆ Failed bank execs see blame everywhere, except in the mirror
▼ + stars: | 2023-05-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —More than two months after the collapse of Silicon Valley Bank and Signature Bank triggered a financial earthquake, three former executives spoke publicly for the first time in testimony before a Senate committee Tuesday. Here are the key takeaways from the Senate hearing:Everyone else messed upThe executives conducted a masterclass in deflecting blame for their banks’ failures. In his testimony, Becker said he was “truly sorry” for the bank’s collapse, blaming a “series of unprecedented events.”Greg Becker, former CEO of Silicon Valley Bank, left, testifies next to Scott Shay, former chairman and co-founder of Signature Bank, and Eric Howell, former president of Signature Bank, during a Senate hearing. “Rumors and misconceptions spread quickly online,” sparking the bank run, Becker told lawmakers. Spoiler alert: Becker didn’t commit to returning any money and Shay said he had no intention to do so.

☆ John Fetterman suggests failed Silicon Valley Bank executives should have the same work requirements 'Republicans want' for families receiving food stamps
▼ + stars: | 2023-05-16 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Sen. John Fetterman grilled failed banking execs at a Tuesday Senate Banking Committee hearing. He said the GOP is "preoccupied" with spending on food stamps rather than bail-out funds. He suggested that bailed-out bankers should have work requirements like families on food stamps. As part of the debt ceiling bill the House GOP passed last month, Republicans proposed increased work requirements for the Supplemental Nutrition Assistance Program (SNAP), which offers a monthly stipend to buy food for millions of families nationwide. A hungry family has to have these kind of penalties and same kinds of working requirements," Fetterman said.

In prepared testimony published on Monday by the Senate Banking Committee, Becker said he believed the bank was responsive to regulator concerns about managing risk and working to address issues before an "unprecedented" bank run led to its failure. Becker said he did not believe "that any bank could survive a bank run of that velocity and magnitude." The former executives for New York-based Signature Bank, which also failed in March, maintained the bank could have survived had regulators not chosen to close it, according to separate testimony. California banking regulators moved quickly to shut SVB down on March 10 after depositors withdrew $42 billion in 24 hours. Regulators closed Signature on March 12 after it also experienced liquidity issues following SVB’s collapse.

May 15 (Reuters) - Greg Becker, the former chief executive officer of Silicon Valley Bank, is set to appear before the U.S. Congress on Tuesday, two months after the collapse of his bank sparked panic among bank customers and investors, forcing the government to backstop deposits. California banking regulators moved quickly to shut down Silicon Valley Bank on March 10 after depositors withdrew $42 billion in 24 hours. Becker will testify before the Senate Banking Committee alongside Scott Shay and Eric Howell, the former chair and president, respectively, of Signature Bank. When his manager left to work for Silicon Valley Bank, Becker followed, he said on a 2021 Bloomberg podcast. Before becoming president and CEO of SVB Financial Group, Becker co-founded SVB Capital, the company's investment arm.

☆ Stocks week ahead: SVB and Signature Bank execs are set to testify next week
▼ + stars: | 2023-05-14 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

The US Senate Committee on Banking, Housing and Urban Affairs is holding three hearings this coming week centered around the collapses of Silicon Valley Bank and Signature Bank in March. ET : Greg Becker, former chief executive, Silicon Valley Bank; Scott Shay, former chairman and co-founder, Signature Bank and Eric Howell, former president, Signature Bank. ET : Mark Bialek, inspector general, Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau; Paul Kupiec, senior fellow, American Enterprise Institute and more. Since then, the Federal Reserve and Federal Deposit Insurance Corporation have released reports detailing management missteps at SVB and Signature Bank, as well as federal regulators’ own mistakes in properly addressing red flags preceding the banks’ demises. A separate report from the Federal Reserve Bank of New York on Friday shows that American households are becoming increasingly frugal.

☆ MLB roundup: Cards' Willson Contreras stars in return to Chicago
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +7 min

[1/5] May 8, 2023; Chicago, Illinois, USA; St. Louis Cardinals catcher Willson Contreras (40) celebrates team's win against the Chicago Cubs at Wrigley Field. Colorado starter Kyle Freeland (3-4) gave up two runs and seven hits in seven innings, with four strikeouts and three walks. Cease went five-plus innings, allowing seven runs on nine hits while walking one and striking out six. Miami's Braxton Garrett (1-2) was charged with four runs and seven hits over 5 1/3 innings. San Francisco starter Anthony DeSclafani (3-2) got through seven innings, allowing five runs on 10 hits.

☆ MLB roundup: Down 6, Rays stun Gerrit Cole, Yanks
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +12 min

Cole gave up six runs (five earned) and eight hits, striking out six and walking two in his five-plus innings. The winning pitcher was Michael Tonkin (3-1), who did not allow a hit over two scoreless innings. Lourdes Gurriel Jr. homered twice, scored four runs and had four RBIs and Christian Walker also homered for Arizona, which had its win streak snapped at three. Pittsburgh starter Roansy Contreras (3-3) allowed five runs and nine hits in five innings, with four strikeouts and three walks. Yarbrough allowed one run on three hits over 5 2/3 innings, his longest start since July last year with the Tampa Bay Rays.

☆ Harden says 76ers taking confidence on the road after leveling series
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +2 min

Mandatory Credit: Eric Hartline-USA TODAY SportsMay 7 (Reuters) - The Philadelphia 76ers hit the road to Boston with "huge confidence" this week after winning Game 4 116-115 against the Celtics on Sunday to level their conference semi-final series courtesy of another clutch three-pointer from James Harden. The game was a much-needed injection of confidence, Harden said in a televised interview after the game, after a pair of demoralizing losses with Embiid battling through a sprained right knee. "Huge confidence, huge confidence. "He just gave me good luck - he brought me good vibes, good energy," said Harden, adding he would invite Hao "every game - here on out." The Sixers face the Celtics in Boston for Game 5 on Tuesday.

Charles III has commissioned new works for his coronation, adding to the rich tapestry of pieces composed for the occasion. The first coronation music was likely sung chants, which, starting in 1603 with the coronation of James I, were refashioned into coronation anthems now with English text. Both have since become staples in the coronation service. And at the most recent coronation, comparisons between Elizabeth II and Charles III are unsurprisingly being made. Charles III’s coronation is set to usher in the new Carolean era, in the hopes that it will reflect its namesake Charles II and his contributions to art and music.

☆ MLB roundup: Dodgers stun Phillies on walk-off slam
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +13 min

Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.

☆ Former top execs of SVB and Signature Bank will testify at Senate hearing this month
▼ + stars: | 2023-05-03 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +1 min

People walk by a Manhattan branch of Signature Bank which was closed by bank regulators on Sunday on March 13, 2023 in New York City. WASHINGTON — Former top executives of the failed Silicon Valley Bank and Signature Bank will testify before the Senate on May 16, the chamber's Banking Committee announced late Wednesday. Scott Shay and Eric Howell were the chairman and president, respectively, of New York-based Signature Bank when it collapsed just days after SVB's failure. Former Signature Bank CEO Joseph DePaolo received a similar letter at the time. The former bank executives can expect a grilling from senators on both sides of the aisle.

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