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☆ JPMorgan Chase Working to Reverse Double Payments on Zelle
▼ + stars: | 2023-06-02 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/jpmorgan-chase-working-to-reverse-double-payments-on-zelle-8c567798

Persons: Dow Jones Organizations: jpmorgan

☆ Mark Zuckerberg Unveils Meta’s Newest VR Headset Days Ahead of Apple Event
▼ + stars: | 2023-06-01 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ New North Korean space rocket features engine from ICBMs, analysts say
▼ + stars: | 2023-06-01 | by ( Josh Smith | ) www.reuters.com time to read: +4 min

[1/2] A still photograph shows what appears to be North Korea's new Chollima-1 rocket being launched in Cholsan County, North Korea, May 31, 2023 in this image released by North Korea's Korean Central News Agency and taken from video. "It appears to make use of an engine that appeared in an earlier North Korean intercontinental-range ballistic missile." The Chollima-1 appears to be a medium-lift space launch vehicle intended for delivering small satellites to low earth orbit. "In this case we do have a fairly large payload fairing compared to the earlier North Korean space launch vehicles," Panda said. South Korea said it was working to recover parts of the North Korean rocket, releasing photos that showed what analysts said appeared to be a section designed to join two stages, and a liquid propellant tank inside.

Persons: Joseph Dempsey, Panda, Korea's, Josh Smith, Gerry Doyle Organizations: North, Korean Central News Agency, REUTERS, Carnegie Endowment, International, North Korean, International Institute for Strategic Studies, United Nations, Thomson Locations: Cholsan County, North Korea, REUTERS SEOUL, U.S, Korea's, Soviet, United States, Korea, South Korea, South

☆ NASA’s UFO Research Team to Brief the Public
▼ + stars: | 2023-05-31 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/nasas-ufo-research-team-to-brief-the-public-cd537b3f

Persons: Dow Jones

☆ NASA’s UFO Research Team Briefs the Public
▼ + stars: | 2023-05-31 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/nasas-ufo-research-team-to-brief-the-public-cd537b3f

Persons: Dow Jones

☆ NASA’s UFO Research Team Wants Better Data to Explain Flying Objects
▼ + stars: | 2023-05-31 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/nasas-ufo-research-team-to-brief-the-public-cd537b3f

Persons: Dow Jones

☆ The Exclusive $1 Trillion Club: See the List
▼ + stars: | 2023-05-30 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-exclusive-1-trillion-club-see-the-list-3ad9cff1

☆ Gas Prices Give Drivers a Reprieve Heading Into Memorial Day Weekend
▼ + stars: | 2023-05-27 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/gas-prices-give-drivers-a-reprieve-heading-into-memorial-day-weekend-6bca707e

☆ Where’s Shaq? Lawyers for FTX Investors Struggle to Serve Him Papers
▼ + stars: | 2023-05-17 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

☆ Prince Harry and Meghan Markle Say They Were Chased by Paparazzi in New York
▼ + stars: | 2023-05-17 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/prince-harry-and-meghan-markle-say-they-were-chased-by-paparazzi-in-new-york-85ba00c1

☆ Syria's Assad to steal spotlight at Arab summit after years in the cold
▼ + stars: | 2023-05-17 | by ( Aziz El Yaakoubi | ) www.reuters.com time to read: +4 min

Saudi Arabia, Qatar and others for years supported anti-Assad rebels. While Arab countries appear to have brought Assad in from the cold, they are still demanding that he curbs Syria's flourishing drugs trade and that war refugees can return. His return to the Arab League is likely to revive questions over his human rights record. Government forces have used chemical weapons more than two dozen times during Syria’s civil war, U.N. war crimes investigators said. The Syrian crisis and other regional conflicts including Yemen and Libya, pose further challenges for the Arab League, which is often undermined by internal divisions.

☆ Premarket stocks: Senators blame excessive CEO pay for regional bank failures
▼ + stars: | 2023-05-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Joseph DePaolo, the former CEO of Signature Bank, received about $8.6 million. Becker said his cash and stock bonuses were “predetermined” and that he wasn’t aware of when they would be paid out. “If you’d bought those hedges [against Treasuries purchased by the bank], that would have cut into your profits, wouldn’t it? “And when the banks blow up, Mr. Becker and Mr. Shay get to keep all the money. And that is just plain wrong.”ChatGPT goes to WashingtonOpenAI CEO Sam Altman also made his way to the Senate on Tuesday.

☆ Microsoft Won’t Raise Salaries for Full-Time Employees This Year
▼ + stars: | 2023-05-11 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

Microsoft said last month that its growth remained subdued in the first three months of the year. Photo: Ted S. Warren/Associated PressMicrosoft said it won’t raise salaries for full-time employees this year, the latest sign of tech companies’ belt-tightening amid concerns about a slowing economy. The software company, which is in the midst of embracing new artificial-intelligence tools that could revolutionize work and learning, said it plans to offer promotions, bonuses and stock awards to full-time employees this year.

☆ CNBC’s Hadley Gamble, Who Alleged Former NBCUniversal CEO Sexually Harassed Her, Is Leaving Network
▼ + stars: | 2023-05-09 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

NBCUniversal’s CEO Jeff Shell is leaving the company effective immediately after an investigation into a complaint of inappropriate conduct, parent company Comcast Corp. said on Sunday. Photo: Patrick T. Fallon/Bloomberg NewsCNBC International anchor Hadley Gamble , who accused former NBCUniversal Chief Executive Jeff Shell of sexual harassment and sex discrimination, is leaving the network, CNBC said. “Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking highly visible and challenging assignments, and developing deep expertise in the Middle East and beyond,” a CNBC spokesperson said in a statement Tuesday. “We wish her every success in her future endeavors.”

☆ The Wall Street Journal, New York Times, Washington Post Win Pulitzer Prizes
▼ + stars: | 2023-05-08 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

Wall Street Journal staff members celebrate the Pulitzer win in the paper’s New York office on Monday. Photo: Emil Lendof/The Wall Street JournalThe Wall Street Journal, Washington Post, Associated Press and New York Times were among news outlets awarded Pulitzer Prizes Monday, honoring journalists who uncovered financial conflicts of interest and delved into issues of racism, immigration and abortion. The Journal was awarded a Pulitzer Prize in investigative reporting for its series examining how more than 2,600 federal officials invested in companies that stood to benefit from their agencies’ work.

☆ Jenny Craig, the Once-Highflying Weight-Loss Brand, Is Going Out of Business After 40 Years
▼ + stars: | 2023-05-05 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

Jenny Craig’s closure comes after new drugs have shaken up the weight-loss industry. Photo: Joe Raedle/Getty ImagesJenny Craig , the weight-loss brand that once touted celebrity endorsements from stars like Queen Latifah , Mariah Carey and Jason Alexander , is shutting down after four decades in business. The company, which offered coaching sessions and personalized meal plans, said Thursday it was canceling all online food orders and merchandise sales in corporate centers. It also stopped its coaching sessions, the company said.

☆ Four Horse Deaths at Churchill Downs Cast Shadow Ahead of Kentucky Derby
▼ + stars: | 2023-05-05 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

The Kentucky Derby is on Saturday at Churchill Downs. Photo: AMIRA KARAOUD/REUTERSThe deaths of four horses at Churchill Downs days before this weekend’s Kentucky Derby have renewed safety concerns in the horse-racing industry. Two horses trained by Saffie Joseph Jr ., Parents Pride and Chasing Artie, died in recent days from unknown causes. The University of Kentucky Veterinary Diagnostics Laboratory is conducting necropsies on the horses to determine causes of death. Two other horses were euthanized after suffering injuries.

☆ Horse Trainer Suspended as Churchill Downs Investigates Sudden Deaths of Two Horses
▼ + stars: | 2023-05-04 | by ( Joseph De Avila | Suryatapa Bhattacharya | ) www.wsj.com time to read: 1 min

The Kentucky Derby is on Saturday at Churchill Downs. Photo: AMIRA KARAOUD/REUTERSChurchill Downs said it has indefinitely suspended trainer Saffie Joseph Jr ., and scratched the horse Lord Miles from Saturday’s Kentucky Derby as it investigates the sudden deaths of two horses under Mr. Joseph’s care. The horses, Parents Pride and Chasing Artie, died in recent days from unknown causes.

☆ New York Passes First-in-Nation Ban on Gas Stoves in New Homes, Apartments
▼ + stars: | 2023-05-03 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

New York’s Democratic-controlled state Legislature passed the ban, which would go into effect beginning in 2026. Photo: Hans Pennink/Associated PressNew York is set to become the first state in the U.S. to ban gas stoves in new homes and apartments. The Democratic-controlled state Legislature passed a bill late Tuesday that prohibits natural-gas and other fossil-fuel hookups in new residential buildings. Kathy Hochul , a Democrat, is expected to approve the measure, which was included in the state’s budget.

☆ 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.

☆ Investors Sue Adidas Over Kanye West Collaboration
▼ + stars: | 2023-05-01 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

Kanye West had produced the popular Yeezy collection for Adidas. Photo: Neilson Barnard/Getty Images for AdidasA group of shareholders is suing Adidas AG, alleging the sportswear company failed to warn investors it was aware of Kanye West’s antisemitic remarks and “extreme behavior.”The proposed class-action lawsuit, filed in U.S. District Court in Oregon on Friday, alleges former CEO Kasper Rorsted and Harm Ohlmeyer , the company’s chief financial officer, were involved in disseminating false and misleading statements about Adidas’s relationship with Mr. West, who legally changed his name to Ye.

Depositors had pulled $100 billion from accounts at the bank in the panic triggered by the SVB and Signature failures, imperiling its survival. Both SVB and Signature failed last month. Both SVB and Signature grew quickly in recent years, outpacing the ability of regulators to keep up, especially with shrinking resources. Regulators closed Signature two days after SVB was shuttered. Signature lost 20% of its total deposits in a matter of hours on the day that SVB failed, FDIC Chair Martin Gruenberg has said.

Both SVB and Signature failed last month. Regulators shut SVB on March 10, a day after customers withdrew $42 billion and queued requests for another $100 billion the following morning. Both SVB and Signature grew quickly in recent years, outpacing the ability of regulators to keep up, especially with shrinking resources. Regulators closed Signature two days after SVB was shuttered. Signature lost 20% of its total deposits in a matter of hours on the day that SVB failed, FDIC Chair Martin Gruenberg has said.

Many Bed Bath & Beyond Inc. shoppers are saying goodbye to the retail giant the only way they know how: Leaving with bags of stuff marked down by 20% off coupons. Shoppers flocked to the chain’s last Manhattan store this week to peruse aisles full of red sales tags. Most of them said they came after they heard Bed Bath & Beyond filed for bankruptcy Sunday.

☆ Three Shootings in a Week Over a Simple Mistake. Why Is This Happening?
▼ + stars: | 2023-04-21 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

A 16-year-old rang the wrong doorbell and was shot. A woman was shot and killed when she and her friends accidentally drove into the wrong driveway. Two cheerleaders were shot after one approached the wrong car. Three shootings in less than a week, all allegedly occurring with victims who made the mistake of approaching the wrong house or car, have ignited a debate over why these types of incidents are happening and what could be done to prevent them.

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