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☆ Two developments created in a tug-of-war in Amazon stock, fueling debate on our next move
▼ + stars: | 2023-06-21 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: It's, Jim Cramer, Jim, Lina Khan, Homestretch, Jefferies, it's, Jim Cramer's, Washington, Mike Segar Organizations: Amazon, Trade, Jefferies, Web Services, Big Tech, Jim Cramer's Charitable, CNBC Locations: New York

☆ Modi calls for 'one earth, one family, one future' at U.N. yoga event
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +2 min

UNITED NATIONS, June 21 (Reuters) - Indian Prime Minister Narendra Modi led a celebration of International Yoga Day at the United Nations in New York on Wednesday and called on people "to join hands together to realize the goal of one earth, one family, one future." The United Nations in 2014 declared June 21 the International Day of Yoga, adopting a measure proposed by Modi. "Let us use the power of yoga to build bridges of friendship, a peaceful world, and a cleaner, greener and sustainable future," he said. [1/6]Participants take part in the 9th International Day of Yoga event with Indian Prime Minister Narendra Modi on the north lawn at United Nations headquarters in New York City, New York, U.S., June 21, 2023. U.N. Secretary-General Antonio Guterres delivered a video message to the yoga event, saying he wanted to "recognize Prime Minister Modi for all he has done to promote understanding of yoga and its many benefits."

Persons: Narendra Modi, Modi, Joe Biden, Mike Segar Modi, Biden, Mahatma Gandhi, Gandhi, India's, Antonio Guterres, David Brunnstrom, Jonathan Oatis Organizations: UNITED NATIONS, Indian, United Nations, of Yoga, White, REUTERS, United, Bharatiya Janata Party, Thomson Locations: New York, New, East, United States, New York City , New York, U.S, Washington, India

REUTERS/Mike Segar/File PhotoNEW YORK, June 21 (Reuters) - JPMorgan Chase & Co's (JPM.N) commercial bank is entering Singapore and Israel this year as its unit catering to midsize and small companies makes a global push, the bank said. The moves will give the commercial bank a presence in 28 countries by year-end. The largest U.S. lender has been beefing up its global presence, with a goal of quadrupling the number of commercial clients as it enters new geographies. JPMorgan's commercial bank began branching outside of the U.S. and Canada in 2019, establishing bases in Europe and Asia. Revenue for the international commercial business stood at $847 million at the end of 2022, reflecting annual growth of 17%.

Persons: Morgan Chase, Mike Segar, Andrew Kresse, Doug Petno, Morgan McGrath, Nupur Anand, Lananh Nguyen, Conor Humphries Organizations: Co, New York City, REUTERS, JPMorgan Chase, U.S, JPMorgan, World Trade Organization, Revenue, Thomson Locations: New York, Singapore, Israel, U.S, Paris, London, Tel Aviv, Sydney, Canada, Europe, Asia

☆ Japan to open up Apple- and Google-dominated phone apps to competition
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +1 min

[1/2] An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File PhotoTOKYO, June 17 (Reuters) - Japan plans to stoke competition in smartphone app payments, dominated by Apple (AAPL.O) and Google, by banning major app store operators from forcing software developers to use the operators' own payment systems, a government panel said. Apple's iOS and Android from Alphabet's (GOOGL.O) Google roughly split Japan's mobile OS market. Apple allows users to download iPhone apps only through its own app store, while both Apple and Google require software developers to use proprietary payment systems that charge commissions of up to 30%. Members of the government panel include Industry Minister Yasutoshi Nishimura and Economy Minister Shigeyuki Goto.

Persons: Mike Segar, Yasutoshi Nishimura, Shigeyuki Goto, Kiyoshi Takenaka, Lincoln Organizations: Apple, REUTERS, stoke, Google, Asahi Shimbun, Industry, Thomson Locations: Manhattan, New York City, TOKYO, Japan

☆ Exclusive: Westchester DA shuts down criminal investigation of Trump Organization without any charges
▼ + stars: | 2023-06-14 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Westchester's district attorney shut down its criminal investigation into the Trump Organization this month. The district attorney's office in Westchester — a county north of New York City — opened the investigation two years ago. In April, the district attorney brought another set of charges against Trump himself, alleging he broke the law by disguising hush-money payments to Stormy Daniels. Alan Futerfas, an attorney representing the Trump Organization, declined to comment on the closure of the Westchester County investigation. The lawsuit also claims the Trump Organization misrepresented the property value of its 212-acre Seven Springs estate, also in Westchester County.

Persons: Donald Trump, —, Mimi Rocah, Elliott Jacobson, Rocah, New York City —, Donald Trump's, Allen Weisselberg, Trump, Stormy Daniels, Alan Futerfas, Letitia James, Mike Segar, Jack Smith, Fani Willis, who's, Smith, Joe Biden's, Donald J Organizations: Trump Organization, Manhattan DA, NY, Service, Trump National Golf Club Westchester, New York Times, The, New, New York, Trump, REUTERS, Mar, Park Locations: Westchester's, Westchester County, Westchester —, New York City, Ossining, The Manhattan, Manhattan, Westchester, New York, Springs, Miami, Fulton County, Georgia

NEW YORK, June 12 (Reuters) - JPMorgan Chase (JPM.N) agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein's victims, resolving a large part of litigation over the bank's relationship with the disgraced financier. Monday's settlement came 3-1/2 weeks after Deutsche Bank (DBKGn.DE), where Epstein was a client from 2013 to 2018, agreed to pay $75 million to end a similar lawsuit by Epstein victims. "A settlement with Epstein's victims frees JPMorgan to begin to turn the page and change the narrative." The $290 million settlement amount was confirmed by David Boies, a lawyer for Epstein's victims. Last month, Rakoff said JPMorgan could be liable to Epstein's victims if they could show Staley had firsthand knowledge that Epstein ran a sex-trafficking venture.

Persons: JPMorgan Chase, JPM.N, Jeffrey Epstein's, Epstein, Jane Doe, Carliss Chatman, Chase, Temin, Jed Rakoff, JPMorgan, Adam Zimmerman, David Boies, Sigrid McCawley, Morgan Chase, Mike Segar JPMorgan, Jes Staley, shepherding, Staley, Rakoff, Jamie Dimon, Ghislaine Maxwell, Maxwell, Chatman, Mary Erdoes, Stephen Cutler, Dimon, Cutler, Jeffrey Epstein, Erdoes, Nupur Anand, Lananh Nguyen, Saeed Azhar, Luc Cohen, Jonathan Stempel, Tatiana Bautzer, Megan Davies, Alexander Smith, Grant McCool, Lisa Shumaker Organizations: YORK, JPMorgan, Washington, Lee University School of Law, U.S, Deutsche Bank, University of Southern, Co, New York City, REUTERS, U.S ., Barclays, U.S . Virgin, Thomson Locations: U.S, Manhattan, Virginia, University of Southern California, New York, U.S . Virgin Islands

☆ Fans celebrate K-Pop supergroup BTS' 10-year anniversary
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mike Segar/File PhotoSEOUL, June 12 (Reuters) - Fans of K-Pop supergroup BTS gathered in the heart of the South Korean capital Seoul on Monday to celebrate the 10-year anniversary of the boy band's debut. Landmarks such as Seoul City Hall and Namsan Tower were lit purple, BTS' signature colour, while dozens of fans from France, Mexico and elsewhere came to enjoy the sights. Organisations and businesses are also joining the celebration, with the city of Seoul working with BTS' management agency HYBE (352820.KS) to set up a tour of landmarks associated with BTS. South Korea's postal service released special commemorative stamps of BTS' debut anniversary. The celebrations are expected to hit a climax on Saturday, when BTS leader RM is expected to meet fans - followed by fireworks near the Han River, which bisects Seoul.

Persons: Mike Segar, Rita, Lotte, JungKook, Daewoung Kim, Joyce Lee, Angus MacSwan Organizations: Hudson, REUTERS, Seoul City Hall, BTS, Hyundai Department, Lotte Cinema, Minwoo, Thomson Locations: South Korea, Manhattan, New York City , New York, U.S, SEOUL, Seoul, France, Mexico, Korea, KS

☆ Smoky haze parked over U.S. East Coast with relief days away
▼ + stars: | 2023-06-08 | by ( Tyler Clifford | ) www.reuters.com time to read: +4 min

The U.S. National Weather Service extended air quality alerts for another day for the East Coast from New England to South Carolina, as well as parts of the Midwest, including Ohio, Indiana and Michigan. The U.S. Air Quality Index (AQI) measures five major pollutants, including particulate matter produced by fires. While the faint smell of burning wood lingered, the smothering blanket of yellow and orange-tinged haze appeared to thin out, bringing a modicum of relief. "We urge residents and visitors to follow precautions related to the 'Code Purple' air quality alert." Large swaths of Michigan are also under red flag warnings due to dangerous fire weather conditions in both of the state's peninsulas, according to the weather agency.

Persons: Mike Segar, Peter Mullinax, We're, Mullinax, IQAir, Muriel Bowser, Bill Blair, Tyler Clifford, Jonathan Oatis Organizations: Trade Center, REUTERS, The U.S, National Weather Service, Health, U.S . Air, Belmont, Washington, Thomson Locations: Manhattan, New York City, Jersey City , New Jersey, United States, The, East Coast from New England, South Carolina, Ohio , Indiana, Michigan, New York, Washington, Philadelphia, Ohio, Newark , New Jersey, U.S, Dhaka, Hanoi, Swiss, Maryland , Pennsylvania, Delaware, Baltimore, Canada

☆ 'Really, really surreal', Women's World Cup trophy lands in Australia
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, June 8 (Reuters) - The Women's World Cup suddenly became very real for Australia defender Clare Hunt on Thursday when she took part in the first stop on a tour of the trophy around the co-host nation. The trophy has already been to the 31 other participating nations ahead of the quadrennial tournament, which starts in Australia and New Zealand on July 20. With Hunt looking on, Briana Scurry, a World Cup winner with the United States in 1999, and New South Wales Premier Chris Minns unveiled the trophy at Taronga Zoo beside Sydney's harbour. The FIFA Women’s World Cup trophy is pictured during an event at Summit at One Vanderbilt observatory in Manhattan in New York City, U.S., April 14, 2023. REUTERS/Mike Segar/File Photo"It's really, really surreal to be here in front of the trophy and to have it here in Australia," said 24-year-old Hunt, who is hoping to be in the Matildas squad for the tournament.

Persons: Clare Hunt, Hunt, Briana, Chris Minns, Mike Segar, it's, Nick Mulvenney, Peter Rutherford Organizations: SYDNEY, Australia, New South Wales, Taronga, FIFA, Vanderbilt, REUTERS, Sydney's, Reuters, Thomson Locations: Australia, New Zealand, United States, New, Sydney's, Manhattan, New York City, U.S

☆ PGA Tour, European Tour and LIV announce merger
▼ + stars: | 2023-06-06 | by ( Frank Pingue | ) www.reuters.com time to read: +4 min

Additionally, the three organizations said in a joint news release that they will work cooperatively to allow a process for any LIV Golf players to reapply for PGA Tour and DP World Tour membership following the 2023 season. "After two years of disruption and distraction, this is a historic day for the game we all know and love," PGA Tour Commissioner Jay Monahan said in a joint news release. "We are proud to partner with the PGA Tour to leverage PIF's unparalleled success and track record of unlocking value and bringing innovation and global best practices to business and sectors worldwide." The PGA Tour had sought to fend off competition from LIV by barring PGA Tour players from participating in LIV tournaments. Some PGA Tour players took to Twitter to express their surprise having not been informed of the agreement before its announcement.

Persons: Hideki Matsuyama, Mike Segar, LIV, Jay Monahan, Yasir Al, Tour's Monahan, Phil Mickelson, Dustin Johnson, Brooks Koepka, Cameron Smith, Mickelson, Collin Morikawa, Mackenzie Hughes, we’d, Donald Trump, LIV Golf's, Liv Golf, Frank Pingue, Alex Richardson, Christian Organizations: Golf, Tour, LIV, Saudi Arabia Public Investment Fund, Public Investment Fund, PGA, Al, Rumayyan, Justice Department, Fame, Twitter, Liv, Thomson Locations: Augusta , Georgia, U.S, Saudi, Collin Morikawa ., Toronto

[1/5] Hong Kong Newspapers from June 5, 1989, reporting the Tiananmen Square China uprising, is pictured during a press preview of the Tiananmen June 4th Memorial permanent exhibition, which opens June 2 in Manhattan, in New York City, U.S., June 1, 2023. REUTERS/Mike SegarNEW YORK, June 1 (Reuters) - The hope for a "free China" lives on in a new Manhattan museum dedicated to China's 1989 suppression of pro-democracy demonstrations around Tiananmen Square, exhibit organizers said on Thursday ahead of the 34th anniversary of the crackdown. The June 4th Memorial Museum in New York will be the only such permanent exhibition in the world, following the 2021 closure of a similar museum in Hong Kong under pressure from authorities. Public memorials of the crackdown were once allowed in Hong Kong, but Hong Kong police have barred a vigil there since 2020, citing COVID-19 concerns. Wang Dan, another former Tiananmen student leader who helped establish the museum, said he felt it was his obligation to show his respect for the protesters who died.

Persons: Mike Segar, Zhou Fengsuo, Zhou, Wang Dan, Wang, Aleksandra Michalska, Michael Martina, James Pomfret, Jessie Pang, Don Durfee, Rosalba O'Brien Organizations: Hong Kong Newspapers, REUTERS, Museum, China's, Hong, Overseas, Reuters, Thomson Locations: China, Manhattan, New York City, U.S, Tiananmen, New York, Hong Kong, Beijing, Washington, British, Taipei, London, Berlin

[1/4] Holly O’Neill, President of Retail Banking at Bank of America speaks during a Newsmaker interview with Reuters in New York City, New York, U.S., May 31, 2023. "The consumer is still very healthy," Holly O'Neill, Bank of America's president of retail banking, said at a Reuters Newsmaker event. U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second quarter. Consumer spending on Bank of America cards fell 1.2 percent in April compared with a year earlier, the first year-on-year decline since February 2021, its data showed. The biggest shot O'Neill took in her career was moving to the consumer bank after serving as chief operating officer of the private-banking division.

Persons: Holly O’Neill, Mike Segar, Holly O'Neill, O'Neill, Erica, Lananh Nguyen, Saeed Azhar, Nupur Anand, Nick Zieminski Organizations: Retail Banking, Bank of America, Reuters, REUTERS, Bank of America Corp, Bank of, JPMorgan Chase &, First, Bank, Thomson Locations: New York City , New York, U.S

☆ Ex-JPMorgan executive wrote Epstein 'should not be a client' in 2011 email -deposition
▼ + stars: | 2023-05-31 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Dimon said in the deposition he was not aware of the email at the time but "I know it today." Epstein was a JPMorgan client from 2000 to 2013, remaining so after pleading guilty in 2008 to a Florida state prostitution charge. In the deposition, Dimon also repeatedly denied speaking about Epstein with Staley, who was friendly with Epstein. Staley has said he regrets his friendship with Epstein, but denied knowing about Epstein's alleged sex trafficking. Epstein died in 2019 in a Manhattan jail cell while awaiting trial on sex trafficking charges.

Persons: Morgan Chase, Mike Segar, Jeffrey Epstein, Jamie Dimon, Dimon, Epstein, Ghislaine Maxwell, Stephen Cutler, Jes Staley, Mary Erdoes, Cutler, David Boies, Jane Doe, JP Morgan, Staley, Erdoes, Niket, Luc Cohen, Saumyadeb Chakrabarty, Rosalba O'Brien Organizations: Co, New York City, REUTERS, JPMorgan Chase &, Reuters, U.S ., JPMorgan, Virgin, The New York Times, Thomson Locations: New York, U.S, U.S . Virgin Islands, Florida, Manhattan, Bengaluru

☆ How to watch the PGA Championship: Start time, channels, and other things to know
▼ + stars: | 2023-05-18 | by ( Jack Bantock | ) edition.cnn.com time to read: +11 min

Rob Schumacher/USA Today Network Tiger Woods walks the 18th green during the second round on Saturday, April 8. David J. Phillip/AP Fred Couples waves to patrons after finishing his second round on Saturday. Patrick Smith/Getty Images Patrick Cantlay plays a shot from a bunker on the 18th hole on Saturday. Rob Schumacher/USA Today Network Adam Scott plays a bunker shot on the second hole Thursday. Rob Schumacher/USA Today Network Hideki Matsuyama, who won the tournament two years ago, looks over a putt on the second hole.

[1/2] Co-Founders of VICE Shane Smith (L) and Suroosh Alvi (R) pose as they arrive for the 20th Annual Webby Awards in Manhattan, New York, U.S., May 16, 2016. REUTERS/Mike SegarMay 15 (Reuters) - Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, capping years of financial difficulties and top-executive departures. Vice listed both assets and liabilities in the range of $500 million to $1 billion. Vice was among a group of fast-rising digital media ventures that once had rich valuations as they courted millennial audiences. It rose to prominence alongside its co-founder Shane Smith, who built his media empire from a single Canadian magazine.

☆ New college graduates are overestimating their starting salaries by $30,000, report finds
▼ + stars: | 2023-05-09 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

The disconnect between perception and reality only worsens over time: A decade into their careers, students anticipate making more than $204,560. That's well over the average mid-career salary of $98,647, according to Glassdoor. Hiring outlook for the Class of 2023A City College of New York graduate takes a selfie during the commencement ceremony. "A lot of our students have a job heading into graduation," Grubb said. They just won't necessarily be paid more than last year's graduating class.

☆ Drivers unimpressed by F1 plans for more splashy intros
▼ + stars: | 2023-05-08 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

That over-the-top scene seemed to go down quite well with fans but left drivers unimpressed, with some looking unsure of what to do beyond wave and smile. F1 says it plans similar splashy intros at eight races this season. "I just hope we don't have that every single time, because we have a very long season, so we don't need an entry like that every time," said Verstappen. The idea behind the catwalk is to provide more interaction between drivers and fans. But drivers say that engagement comes at a cost by taking away time they need to prepare to race.

☆ Leclerc says Ferrari 'struggling like crazy" with their car
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +2 min

Sainz finished fifth and Leclerc seventh in Miami as Max Verstappen led Sergio Perez to Red Bull's fifth win in five races and fourth one-two. "(It's a) very similar picture to the beginning of the year, we are competitive in qualifying (but) once we come to race day we are struggling like crazy," said Leclerc, who had been on pole position at the previous race in Azerbaijan. He had finished second in the sprint in Baku, raising hopes that Ferrari had made a step forward, and a lonely third in the Sunday race. Leclerc crashed in both practice and qualifying, when he looked competitive, at the same corner in Miami and said he had struggled with the car bottoming at speed and also affected by the wind. Leclerc was Verstappen's closest rival last season, winning two of the first three races before the challenge petered out in strategy errors, unreliability and driver mistakes.

☆ Mercedes' Russell fastest in first Miami Grand Prix practice
▼ + stars: | 2023-05-05 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

[1/2] Formula One F1 - Miami Grand Prix - Miami International Autodrome, Miami, Florida, U.S. - May 5, 2023 Mercedes' George Russell during practice REUTERS/Mike SegarMIAMI, May 5 (Reuters) - George Russell overcame steering issues that threatened to scuttle his first practice session of the Miami Grand Prix on Friday to put his Mercedes top of the timing sheets ahead of team mate and seven-times world champion Lewis Hamilton. Red Bull's double world champion Max Verstappen had spent much of the hot and steamy practice at the top of the charts but ended the session fourth fastest behind the two Mercedes and Ferrari's Charles Leclerc. Ferrari's Carlos Sainz was fifth fastest followed by Alpine's Pierre Gasly and the Aston Martins of Fernando Alonso and Lance Stroll. Hamilton was just 0.212 seconds back while Verstappen, the winner in the inaugural Miami Grand Prix, was nearly a half-second off the pace. Until the spin Hulkenberg had been enjoying a lively practice for the U.S.-owned outfit, sitting second behind Verstappen when the session was paused.

☆ Veteran soldier leads Sudan's army against rival general
▼ + stars: | 2023-05-05 | by ( Khalid Abdelaziz | ) www.reuters.com time to read: +5 min

As his warplanes rain strikes on the capital and his troops battle the paramilitary Rapid Support Forces of rival general Mohamed Hamdan Dagalo, known as Hemedti, Burhan has shown no inclination to compromise. A career soldier in his 60s who served Bashir loyally for decades, Burhan rose through the ranks in wars in South Sudan and Sudan's Darfur region. Hemedti, whose powerful RSF had operated alongside the army during the war in Darfur, stepped in as Burhan's deputy on the council. They accuse him and other military leaders of killing protesters and say his coup was aimed at prolonging army rule, charges he denies. In a grim precursor to their new conflict against each other, the army and RSF are accused of grotesque war crimes including massacres and rapes during the Darfur war.

☆ Hamilton no fan of Florida Governor DeSantis
▼ + stars: | 2023-05-04 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

[1/2] Formula One F1 - Miami Grand Prix - Miami International Autodrome, Miami, Florida, U.S. - May 4, 2023 Mercedes' Lewis Hamilton ahead of the Grand Prix REUTERS/Mike SegarMIAMI, May 4 (Reuters) - It's probably safe to say Florida Governor Ron DeSantis will not be cheering for Lewis Hamilton this weekend at the Miami Grand Prix and the Mercedes seven-times world champion made it clear he is no supporter of the Republican leader. A long-time champion of LGBTQ+ rights, Hamilton will have a Rainbow Flag on his helmet for Sunday's race and said he stands with the gay, lesbian and transgender community that has come under attack by DeSantis. DeSantis, who has declared Florida is "where woke comes to die", recently passed a law banning classroom discussion of sexuality and gender identity with younger children, dubbed by critics as the "don't say gay" bill. Hamilton has used his global platform and celebrity to campaign for everything from diversity and racial equality to LGBTQ+ rights. "This isn't the people of Miami making these decisions, it's the people in government and that's the issue.

☆ Vice Media preparing to file for bankruptcy - NYT
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mike SegarMay 1 (Reuters) - Vice Media Group, the company behind popular media websites such as Vice and Motherboard, is preparing to file for bankruptcy, the New York Times reported on Monday, citing people with knowledge of its operations. "Vice Media Group has been engaged in a comprehensive evaluation of strategic alternatives and planning. Last week, Vice Media said it will cancel popular TV program "Vice News Tonight" as part of a broader restructuring that will result in job cuts across the digital media firm's global news business, capping years of financial difficulties and top-executive departures. Vice Media was among a group of fast-rising digital media ventures that once commanded rich valuations, as they courted millennial audiences. It rose to prominence alongside its provocative co-founder, Shane Smith, who built his media empire from a single Canadian magazine.

That meant revenue growth rates were about 5 percentage points lower in April than in the first quarter, he said, referring to a period that saw a sequential drop. Its economy-wary customers aside, Amazon aimed to project confidence for its cloud longer-term. Jassy said the growing adoption of generative AI, which can create text, imagery and other content from past data, represented a huge opportunity for Amazon's cloud. Likewise, Olsavsky told reporters, Amazon had seen no shift in the competitive balance among cloud providers. AWS sales growth slowed to 15.8% in the first quarter.

[1/2] A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar/File PhotoApril 26 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. An unholy trinity of U.S. developments on Tuesday - poor corporate earnings, a bank's value going up in smoke and slumping consumer confidence - will likely set an extremely gloomy tone for Asian markets on Wednesday. The wider U.S. regional banking index's 4% slide - its fourth straight decline - took its year-to-date decline to 25%. If there is a tailwind for Asian markets on Wednesday amid the headwinds it will be the after-hours results from Google's parent company Alphabet GOOGL.O and Microsoft .MSFT.O.

[1/2] Former U.S. President Donald Trump departs from Trump Tower to give a deposition to New York Attorney General Letitia James who sued Trump and his Trump Organization, in New York City, U.S., April 13, 2023. Former Manhattan prosecutor Mark Pomerantz will testify May 12, a spokesperson for the chairman of the House of Representatives Judiciary Committee said. The committee subpoenaed him in connection with the probe that led to Trump becoming the first ex-president to be criminally charged. Manhattan District Attorney Alvin Bragg, a Democrat, sued Jim Jordan, the Republican chair of the committee, to block the subpoena. Trump, the Republican front-runner in the 2024 presidential nominating campaign, pleaded not guilty on April 4 to 34 felony charges.

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