DIRS.INFO The most relevant business & tech news

☆ MLB roundup: White Sox sink Tigers on walk-off grand slam
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +12 min

White Sox starter Michael Kopech gave up two runs and three hits in seven innings while recording nine strikeouts. Clay Holmes (4-2) pitched a scoreless inning, while Wandy Peralta recorded the final four outs for his fourth save. Freeland (4-7) allowed two runs on four hits with no walks and one strikeout in seven innings. Rangers 12, Mariners 3A heavy offensive output combined with six scoreless innings from Nathan Eovaldi earned Texas a lopsided win over Seattle in Arlington, Texas. San Diego's Ryan Weathers (1-4) lasted just 1 2/3 innings, allowing seven hits and Chicago's first five runs.

Persons: Jake Burger, Kamil Krzaczynski, Luis Robert Jr, Spencer Torkelson, Liam Hendriks, Michael Kopech, Matthew Boyd, Andrew Benintendi, Alex Lange, Yoan Moncada, Tim Anderson, Burger, Eddie Rosario, Miguel Castro, Raisel Iglesias, A.J, Minter, Zac Gallen, Ji Hwan, Louis, Rich Hill, David Bednar, Andrew Knizner, Miles Mikolas, Kyle Higashioka, Oswaldo Cabrera, Anthony Volpe, Domingo, Clay Holmes, Wandy Peralta, Bobby Miller, J.D, Martinez, Yandy Diaz, Josh Lowe, Luke Raley, Taj Bradley, Alex Verdugo, Masataka Yoshida, Tanner Houck, Drew Ellis, Kyle Schwarber, Schwarber, Ellis, Stone, Ildemaro Vargas, Vargas, Dominic Smith, Riley Adams, Alex, Monasterio, Adrian Houser, Houser, Jake Fraley, Victor Caratini, Dominic Leone, Vladimir Guerrero Jr, Nate Pearson, Pete Alonso, Starling Marte, Adam Cimber, Erik Swanson, Jordan Romano, Garrett Cooper, Cooper, Yuli Gurriel, Bryan De La Cruz, Luis Arraez, Sandy Alcantara, National League Cy Young, Paul Blackburn, Ramon Laureano, Brady Singer, Maikel Garcia, Scott Barlow, Elehuris Montero, Ezequiel Tovar, Michael Massey, MJ Melendez, Garcia, Kyle Freeland's, Josh Naylor, Andres Gimenez, Joe Ryan, Triston McKenzie, Ryan, McKenzie, James Karinchak, Ohtani, Phil Maton, Zach Neto, Griffin Canning, Chris Devenski, Carlos Estevez, Nathan Eovaldi, Jonah Heim, Eugenio Suarez's, Ty France, Jose Caballero, Kolten Wong, Tyler Wells, James McCann, Josh Lester, Blake Sabol, McCann, Jorge Mateo, Anthony DeSclafani, Adam Frazier, Austin Hays, Ryan Mountcastle, Lester, Marcus Stroman, Miguel Amaya, Yan Gomes, Trey Mancini, Fernando Tatis Jr, Diego's Ryan Weathers, Chicago's Organizations: Chicago White Sox, Detroit Tigers, Chicago, White Sox, Detroit, Braves, Diamondbacks, Atlanta, Arizona, Pirates, Cardinals, Pittsburgh, Yankees, Dodgers, New York, National League, Red Sox, Tampa Bay, Boston, Phillies, Nationals, Washington, Brewers, Reds, Milwaukee, Cincinnati, Blue Jays, Mets, Brandon, Toronto, Marlins, Athletics, Miami, Oakland, Royals, Rockies, Kansas City, Colorado . Singer, Twins, Angels, Astros, Houston, Rangers, Mariners, Texas, Seattle, Orioles, Giants, Baltimore, San, Cubs, Padres, Thomson Locations: Chicago , Illinois, USA, Phoenix, Rosario, Arizona, New, Los Angeles, Domingo German, Tampa Bay, Philadelphia, New York, Colorado, Freeland, Cleveland, Minnesota, Minneapolis, Arlington , Texas, San Francisco, Baltimore, San Diego

☆ TipRanks reveals the top 10 services sector analysts of the past decade
▼ + stars: | 2023-06-04 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

TipRanks recognized the 10 best analysts in the services sector for identifying the best investment opportunities. TipRanks leveraged its Experts Center tool to zoom in on analysts with a high success rate, and analyzed every recommendation made by analysts in the services sector over the past decade. TipRanks' algorithms calculated the statistical significance of each rating, the average return, and analysts' overall success rate. Top 10 analysts from the consumer goods sectorThe image below shows the most successful Wall Street analysts from the services sector. Jake Bartlett - Truist FinancialJake Bartlett has the 10th spot on the list, with a success rate of 66%.

Persons: JACK CELH TFII, Simon Dawson, TipRanks, Jason Seidl, Cowen Jason Seidl, Patrick Brown, Raymond James Patrick Brown, Scot Ciccarelli, Brian Nagel, Oppenheimer Brian Nagel, Carlo Santarelli, Gary Prestopino, Barrington, Helane Becker, Cowen, Walter Spracklin, Spracklin, Jeff Van Sinderen, Jake Bartlett Organizations: Deutsche Bank, Reuters, Truist, FIVE, Caesars Entertainment, United Airlines Holdings, RBC, RBC Capital, TFI, Holdings Locations: London, Britain, Canadian

☆ Taylor Swift shares powerful Pride month message during Chicago ‘Eras Tour’ concert
▼ + stars: | 2023-06-04 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Taylor Swift kicked off the Chicago leg of her “Eras Tour” Friday night with a powerful Pride month message in support of the LGBTQ community. Republic Records“We can’t talk about Pride without talking about pain,” she said, pivoting from her celebration of the community to the realities of the current political climate. Rachel Wisniewski/The Washington Post/Getty Images“We can support as much as we want during Pride month but if we’re not doing our research on these elected officials – Are they advocates? Concluding her speech, Swift told the audience that she loves them and wished everyone a “happy pride month.”As Swift celebrated with her Chicago audience, hundreds of ticketless Swifties showed their support by gathering outside of Soldier Field on Saturday night to sing along with the show. The gathering has become a pattern along various “Eras Tour” stops, beginning in May when thousands of ticketless Swifties flocked to sing and dance outside of Philadelphia’s Lincoln Field.

Persons: CNN — Taylor Swift, “, ” Swift, ” Taylor Swift, ”, Midnights, Phil Bredesen, Jim Cooper, Shayna Weachter, Cecelia Zschunke, Riley O'Brien, Rayana, Taylor Swift's, Rachel Wisniewski, we’re, –, Swift, Swifties, ticketless Swifties Organizations: CNN, Chicago, Chicago’s, Republic, Tennessee, Representatives, Lincoln Financial, Washington Post, Soldier Locations: Philadelphia , Pennsylvania, Philadelphia’s

☆ VIEW US payrolls rise more than expected in May
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +5 min

Nonfarm payrolls increased by 339,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. "This low wage inflation number is very good news for those of us who believe the Fed should pause." "The unemployment rate surprisingly moved from 3.4% to 3.7%. "We've seen some earnings warnings, there's a big lag in monetary policy, and we saw the unemployment rate tick up to 3.7%. Makes you wonder, is there going to be a rise in the (labor market) participation rate.

Persons: KIM FORREST, PETER CARDILLO, RILEY, we've, they're, We've, OLIVER PURSCHE, There's Organizations: YORK, Federal Reserve, Labor Department, Treasury, HOGAN, Fed, NEW, Global Finance, Markets, Thomson Locations: PITTSBURGH

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Broadcom, Bowlero, Microsoft, Rivian & more
▼ + stars: | 2023-06-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Broadcom as buy Bank of America raised its price target on the stock to $950 per share from $800 after Broadcom's earnings report on Thursday. "Our new PO of $950 (from $800) represents 21x CY24E EV/FCF as AI accelerates company growth potential. Bank of America reiterates Five Below as buy Bank of America said the discount retailer has "recession resilience." Bank of America upgrades Surgery Partners to buy from neutral Bank of America said the health care company has " favorable long-term tailwinds." Bank of America reiterates Lululemon as buy Bank of America said Lululemon is a "best-in-class growth story."

Persons: it's, Riley FBR, Riley, Piper Sandler downgrades, Piper, Morgan Stanley, Apple, it's bullish, Wells, Stifel, Goldman Sachs, Goldman, 100bps, Frank Klein, Tim Fallon, Tim Bei, Derek Mulvey, RIVN, Lululemon Organizations: Bank of America, Broadcom, Warner Music, JPMorgan, Energy, Surgery Partners, of America, Partners, Amazon, Microsoft, ISI, Barclays, Strategic Finance, Citi, Frontier Citi, LaGuardia, Spirit Airlines, Watch Locations: Valvoline, Biopharma, Agriculture, Normal , IL

That's exactly what the Fed would like to see," said Art Hogan, chief market strategist at B Riley Wealth in New York. The data brought relief to investors who now expect the Fed to skip an interest rate hike this month for the first time since starting its aggressive policy tightening more than a year ago. Fed funds futures trading showed an over 70% probability that the Fed will hold interest rates steady at its June 13-14 policy meeting. The S&P 500 communication services index (.SPLRCL), housing telecoms, fell 0.5% while the S&P 500 consumer discretionary sector (.SPLRCD), housing Amazon, soared 1.6%. The S&P 500 industrials sector (.SPLRCI) rose 1.4%, while Dow heavyweight Caterpillar (CAT.N) gained 3.7%.

Persons: Hogan, they're, FEDWATCH, Shreyashi Sanyal, Shristi, Nivedita Bhattacharjee, Maju Samuel Organizations: Amazon, Dow, Nasdaq, Federal Reserve, Labor, Riley, FEDWATCH Reuters Graphics Reuters, Dow Jones, Amazon.com Inc, Telecom, Verizon Communications, Mobile US Inc, Dish Network Corp, Caterpillar, NYSE, Thomson Locations: New York, United States, China, Bengaluru

☆ How Elizabeth Holmes convinced powerful men like Henry Kissinger, James Mattis, and George Shultz to sit on the board of Theranos
▼ + stars: | 2023-06-02 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com time to read: +6 min

The reporters spoke with board members, who explained why they backed founder Elizabeth Holmes. Holmes' board going into the scandal included an unusual roster of names for a healthcare startup, with leaders who had more experience in politics and government than healthcare. For the most part, the board members seemed to be taken by Holmes and her vision. "Secretary Mattis was struck by the promise of technology and was looking for any technology solution to save lives on the battlefield," White said. Auletta in the documentary said the board members spoke about Holmes as if she were a visionary.

Persons: Theranos, Alex Gibney, Elizabeth Holmes, Holmes, John Carreyrou, Sunny Balwani, Balwani, George Shultz, Shultz, Gary Roughead, William Perry, Sam Nunn, James Mattis, Donald Trump's, Richard Kovacevich, Wells Fargo Henry Kissinger, William Frist, William H, Foege, Riley, Bechtel, Kissinger, Mattis, Ken Auletta, David Boies, Auletta, Axios, Dana White, White, Beethoven, Roger Parloff, he's, Parloff Organizations: Morning, Food and Drug Administration, Wall Street, US, US Marine Corps, Centers for Disease Control, Bechtel Group Inc, New, Mattis, Theranos, Securities and Exchange Commission, Fortune Locations: Texas, California, Silicon Valley

☆ U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
▼ + stars: | 2023-06-01 | by ( Aishwarya Venugopal | ) www.reuters.com time to read: +3 min

Broadly, U.S. consumer spending trends showed resilience in the face of high inflation, but big-ticket purchases suffered. Upscale retailer Macy's said the U.S. consumer pulled back more than anticipated and slashed its annual sales and profit forecasts for the year. Macy's and lingerie brand Victoria's Secret & Co (VSCO.N) are resorting to more discounts to clear out excess inventory. "Our business in North America became increasingly more challenging," Victoria's Secret CEO Martin Waters said during a post earnings call on Thursday. The pinch from slowing consumer spending was not just limited to high-end retailers.

Persons: Macy's, Hogan, Martin Waters, they're, Nordstrom, Peter Nordstrom, Dr Martens, Arun Sundaram, Aishwarya Venugopal, Savyata Mishra, Shinjini Organizations: U.S, Goods, Riley, Nordstrom Inc, Discount, CFRA Research, Thomson Locations: U.S, North America, United States, Bengaluru

☆ MLB roundup: Marlins rally to beat Josh Hader, Padres
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +10 min

With the Marlins trailing 1-0 entering the ninth, Yuli Gurriel worked a walk against Hader (0-1), who has 13 saves this season. Starter Dane Dunning (4-1) gave up three runs and seven hits in five-plus innings with six strikeouts and one walk. Dodgers right-hander Noah Syndergaard gave up five runs on seven hits in five innings, including three home runs. Diamondbacks 6, Rockies 0Tommy Henry tossed seven innings of two-hit ball, Christian Walker homered and Arizona beat Colorado in Phoenix. Atlanta had seven hits in the series finale, with Orlando Arcia getting three and scoring twice.

Persons: Nick Fortes, Rich Storry, Jean Segura, Josh Hader, Yuli Gurriel, Gurriel, Joey Wendle's, Segura, Xander Bogaerts, Diego's Blake Snell, Gary Sanchez slugged, Braxton Garrett, hasn't, Cal Raleigh, Jose Caballero, Ron Marinaccio, Justin Topa, George Kirby, York's Clarke Schmidt, Ohtani, Mike Trout, Taylor Ward, Chad Wallach's, Jaime Barria, Andrew Vaughn, Yasmani Grandal, Clint Frazier's, Jake Burger, Hanser Alberto, Jake Marisnick, Riley Greene, Will Vest, Alex Lange, Nathaniel Lowe, Dane Dunning, Brandon Lowe, Jose Siri, Lowe, Mark Leiter Jr, Taylor Walls, Siri, Leiter, Justin Steele, Luis Garcia, Keibert Ruiz, CJ Abrams, Jeimer Candelario, Joey Meneses, Mookie Betts, Will Smith, Noah Syndergaard, Abraham Toro, Owen Miller, Julio Teheran, Matt Chapman, Manoah, Spencer Steer, Josh Winckowski, Kevin Newman, Newman, Matt McLain, Nick Senzel, Alex Verdugo, Masataka Yoshida, Yoshida, Enmanuel Valdez, Tommy Henry, Christian Walker, Pavin Smith, Corbin Carroll, Jake McCarthy, Nolan Jones, Brenton Doyle, Alan Trejo, Josh Naylor, Naylor, Andres Gimenez, Adley Rutschman, Anthony Santander, Arias, Xzavion Curry, Ronald Acuna Jr, Acuna, Orlando Arcia, Jared Shuster, James Kaprielian, Andrew McCutchen, Connor Joe, Bryan Reynolds, Ji Hwan Bae, Mitch Keller, Patrick Bailey, Wilmer Flores, Alex Wood, McCutchen, Rodolfo Castro, Ke'Bryan Hayes, Carlos Carrasco, Mark Canha, Edmundo Sosa's, Brandon Marsh, Bryson Stott, Kody Clemens, Bryce Harper, Aaron Nola, Louie Varland, Donovan Solano, Ryan Jeffers, Willi Castro, Hunter Brown, Jake Meyers, Yainer Diaz, Jorge Lopez Organizations: Miami Marlins, gatorade, San Diego Padres, loanDepot, Marlins, Diego, Mariners, Yankees, Cal, Seattle, White Sox, Chicago, Tigers, Rangers, Chicago White Sox, Detroit, Texas, Cubs, Tampa Bay, Rays, Dodgers, Washington, Nationals, Brewers, Blue Jays, Milwaukee, Toronto, Reds, Red Sox, Boston, Diamondbacks, Rockies, Arizona, Colorado, Orioles, Baltimore, Braves, Athletics, Atlanta, Oakland, Orlando, Pirates, Giants, The Pirates, San, Mets, Phillies, York, Philadelphia, Astros, Minnesota, Houston, Twins, Thomson Locations: Miami , Florida, USA, New York, Rye, N.Y, Los Angeles, Tampa, Cincinnati, Phoenix, Arizona, Cleveland, Pittsburgh, San Francisco

☆ 2023 NBA Finals: How to watch the Denver Nuggets and the Miami Heat compete for the Larry O’Brien trophy
▼ + stars: | 2023-06-01 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

There’s Nikola Jokić of the Denver Nuggets – the hulking Serbian center who has battled underappreciation and misinterpretation to become one of the league’s greats and a two-time Most Valuable Player. It’s the performances of Jokić and Butler which help to explain why the NBA Finals are being contested by Denver Nuggets and the Miami Heat as the 2022/23 NBA season concludes. Jokić shoots the ball during Game 4 of the Western Conference Finals. Jokić admitted that the celebrations were short-lived after the Western Conference Finals sweep of the Lakers as Denver’s goal is lifting the title. Jokić leaves the floor after the Nuggets beat the Lakers in the Western Conference Finals.

Persons: There’s Nikola Jokić, underappreciation, Jimmy Butler –, Jokić, Butler, Erik Spoelstra, Denver’s Michael Malone, Larry O’Brien, Butler –, LeBron James, Anthony Davis, Kevin Durant, Devin Booker, Adam Pantozzi, Jamal Murray’s, Aaron Gordon, Kentavious Caldwell, Pope –, “ I’m, ” Jokić, AAron Ontiveroz, – Miami, Al Horford, David Butler II, – Butler, ”, “, Pat, Riley, Spoelstra, Nathaniel S, you’ve, I’ve Organizations: CNN, Denver Nuggets, NBA, Miami Heat, Los Angeles Lakers, Western, Nuggets, Boston Celtics, Ball Arena, Games, ABC, Western Conference, Denver, Lakers, Denver Post, Atlanta Hawks, Chicago Bulls, Milwaukee Bucks, Bucks, New York Knicks, Celtics, Eastern, USA, Sports, Reuters, Heat Locations: Serbian, Denver , Colorado, Miami, Denver, Milwaukee Bucks . Miami

☆ New York’s Migrant Influx Tests the Sanctuary City’s Limits
▼ + stars: | 2023-05-31 | by ( Jason L. Riley | ) www.wsj.com time to read: +1 min

He is also a senior fellow at the Manhattan Institute and provides television commentary for various news outlets. Mr. Riley joined the paper in 1994 as a copy reader on the national news desk in New York. He moved to the editorial page in 1995, was named a senior editorial page writer in 2000, and became a member of the Editorial Board in 2005. He joined the Manhattan Institute in 2015. Born in Buffalo, New York, Mr. Riley earned a bachelor's degree in English from the State University of New York at Buffalo.

Persons: Jason Riley, Riley, ”, “, Thomas Sowell ” Organizations: Wall Street, Mobility, Manhattan Institute, Borders, Blacks, Editorial, State University of New, USA, Buffalo News Locations: New York, Buffalo , New York, State University of New York, Buffalo

☆ MLB roundup: Cubs clamp down on Rays again
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +11 min

Mariners right-hander Logan Gilbert (3-3) lasted just four innings, giving up seven runs -- five earned -- on seven hits with one walk and four strikeouts. Senga (5-3) struck out nine in a career-high seven innings. Texas starter Martin Perez gave up six runs and seven hits in 4 2/3 innings. Detroit's Alex Faedo (1-3) was charged with six runs on seven hits in 4 1/3 innings. Milwaukee right-hander Adrian Houser (1-1) allowed seven runs (six earned) and a career-high 11 hits in 4 1/3 innings.

Persons: Kyle Hendricks, Matt Marton, Mike Tauchman's tiebreaking, Hendricks, Julian Merryweather, Mark Leiter, Adbert Alzolay, Austin Riley, Seth Brown, Raisel Iglesias, Brown, Ramon Laureano, JJ Bleday, Jonah Bride, Riley, Kevin Pillar, Aaron Judge, Judge, Anthony Volpe, Greg Allen, Nestor Cortes, Logan Gilbert, Alex Bregman, Chas McCormick, Brandon Bielak, pouncing, Joe Ryan, Christian Vazquez, Anthony Santander, Gunnar Henderson, Henderson, Kyle Gibson, Josh Naylor, Josh Bell, Kodai Senga, Francisco Lindor, Eduardo Escobar, Kody Clemens, Josh Harrison, Andrew Vaughn, Romy Gonzalez, Jake Burger, Luis Robert Jr, Lucas Giolito, Tyler Anderson, Taylor Ward, Shohei Ohtani, Freddie Freeman, Tony Gonsolin, Jason Heyward, J.D, Martinez, Freeman, Keibert Ruiz, Jake Irvin, Jonah Heim, Grant Anderson, Josh Jung, Adolis Garcia, Miguel Cabrera, Riley Greene, Martin Perez, Detroit's Alex Faedo, Xander Bogaerts, Bogaerts, Dylan Floro, Juan Soto, Matt Carpenter, Bryan De La Cruz, Sandy Alcantara, National League Cy Young, Whit Merrifield, Alejandro Kirk, Vladimir Guerrero Jr, Yusei Kikuchi, Adrian Houser, William Contreras, Miles Mikolas, Louis, Giovanny Gallegos, Nolan Arenado, Nolan Gorman, Zack Greinke, Carlos Hernandez, Jose Barrero, Ben Lively, Joely Rodriguez, Will Benson, Raimel Tapia, Rafael Devers, Justin Turner, Masataka Yoshida, Turner, Alexis Diaz, Casas, Zac Gallen, Arizona's, Ketel Marte, Corbin Carroll, Evan Longoria, Marte, Kyle Freeland, Freeland, Nolan Jones, Johan Oviedo, Rodolfo Castro, San Francisco, Connor Joe, Oviedo, Joe, John Brebbia, Michael Conforto's, Mike Yastrzemski, Davis Organizations: Chicago Cubs, Tampa Bay Rays, Wrigley, New York Mets, Cubs, MLB, Rays, Chicago, Athletics, Braves, Oakland, Atlanta, Mariners, Seattle, American League, Yankees, New, Astros, Houston, Orioles, Baltimore, Cleveland, Santander, Guardians, Mets, Phillies, White Sox, Angels, Los, Dodgers, Nationals, Los Angeles, Washington, Rangers, Tigers, Texas, Detroit, Padres, Marlins, Diego, Miami, National League, Blue Jays, Brewers, Toronto, Milwaukee, Cardinals, Royals, Kansas City, Reds, Red Sox, Cincinnati, Boston, Diamondbacks, Rockies, Colorado, Gallen, Pirates, Giants, Pittsburgh, San, Thomson Locations: Chicago , Illinois, USA, Atlanta, New York, Minnesota, York, Philadelphia, Chicago, Los Angeles . Chicago, Washington, Detroit, Texas, San Diego ., Diego, Phoenix

☆ 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.

☆ I sold my pricier home in Arizona and bought a $70,000 house in Kansas for peace of mind in my twilight years
▼ + stars: | 2023-05-28 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

There was a settlement outside of Scottsdale, Arizona, that's been in the news. My neighbors in Sun City, Arizona, were also aware of the situation but for whatever reason, they weren't as alarmed by it as I was. Junction City, Kansas. Kansas City Star/Getty ImagesThe realtor met me there, but it turned out to be in not very good condition. And that's that's the way it's been the whole time.

☆ MLB roundup: Surging Cardinals down Dodgers for fourth straight series win
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +12 min

Cardinals starter Jack Flaherty allowed three runs on four hits and four walks with five strikeouts in 4 2/3 innings. Yankees 4, Reds 1Harrison Bader belted a two-run homer and Luis Severino pitched effectively into the fifth inning in his season debut, lifting New York past host Cincinnati. The 2-0 cushion proved enough to send the Phillies to a second straight win after losing five straight. In his fourth appearance, the left-hander went six innings and allowed one run on one hit, one walk and a career-high seven strikeouts. Mariners starter George Kirby (5-3) pitched seven innings and allowed three runs on six hits, one walk and six strikeouts.

☆ How the IRS Snoops on the Innocent
▼ + stars: | 2023-05-20 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Journal Editorial Report: The week's best and worst from Kim Strassel, Jason Riley and Dan Henninger. Images: Bay Area News Group/AP/Zuma Press/iStock Photo Composite: Mark KellyRepublicans have made political hay out of President Biden’s plan to supersize the IRS, and here’s another bumper crop: The Supreme Court held this week that revenue agents who are chasing a debt have almost unbounded power to secretly obtain bank records on people in a delinquent taxpayer’s orbit, even his lawyers. Reversing this is up to Congress.

☆ MLB roundup: Rafael Devers homers twice as Red Sox top Padres
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +12 min

Rizzo hit a two-run homer on a 2-2 pitch to right off Ian Gibaut for a 3-0 lead in the sixth. Christopher Morel hit a two-run homer and scored three times and Nick Madrigal had two hits, two RBIs and scored twice for the Cubs, who ended a five-game losing streak. Phillies starter Ranger Suarez (0-1) allowed four runs and five hits in two innings, striking out four and walking three. Adam Frazier added a two-run homer and Anthony Santander had a solo shot for the Orioles to open a three-game series. Gabriel Arias delivered a two-run homer in the top of the 10th before the Mets scored three times in the bottom of the inning.

Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are widely seen as contenders for the top job. Morgan Stanley shares were little changed in early trading, down 0.9%. The less volatile business of wealth management accounted for 45% of firm's revenue in the first quarter. Morgan Stanley's first-quarter profit beat expectations as rising revenue from wealth management offset declines in investment banking and trading. Simkowitz, the eldest of the three at 58, is head of investment management at Morgan Stanley and co-head of the firm's strategy and execution.

☆ There's still time to collect a refund on your 2019 tax return: 'It doesn't make sense to leave money on the table'
▼ + stars: | 2023-05-19 | by ( Mike Winters | ) www.cnbc.com time to read: +4 min

Here's what you need to know about the ETIC and other notable tax credits, and which forms you'll need to file a 2019 tax return. Some people are eligible for an even larger payout: up to $6,557, if you qualified for the Earned Income Tax Credit (EITC) . A whopping $1.5 billion in tax refunds remain unclaimed from the 2019 tax season, with the average refund totaling $893, the IRS says. Hundreds of dollars from the Internal Revenue Service could be up for grabs if you haven't submitted your 2019 tax return yet. The IRS is only accepting mailed 2019 tax returns, so you'll need to send your tax return to the addresses listed on this IRS webpage.

☆ Instant View: Morgan Stanley CEO Gorman plans to step down
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, May 19 (Reuters) - Morgan Stanley (MS.N) CEO James Gorman told shareholders Friday that the company will likely appoint its next CEO in the next 12 months. Gorman, 64, said the board has identified three strong candidates to succeed him and that he will become executive chairman once a new CEO is chosen. Shares of Morgan Stanley slipped about 1% to $83.84 in morning trading. PHIL BLANCATO, CHIEF EXECUTIVE OFFICER, LADENBURG THALMANN ASSET MANAGEMENT, NEW YORK:"I would applaud James Gorman here for taking the right time to step down. Building out their wealth management division has been a real boon to the company and they bested Goldman in that practice."

☆ For Gen Z, Unemployment Can Be a Blast
▼ + stars: | 2023-05-18 | by ( Suzy Welch | ) www.wsj.com time to read: 1 min

Journal Editorial Report: The week's best and worst from Kim Strassel, Jason Riley and Dan Henninger. Images: Bay Area News Group/AP/Zuma Press/iStock Photo Composite: Mark KellyAs a regular old, capitalist Boomer gal teaching bright and shiny young M.B.A. students, I sometimes find myself wondering if Generation Z is brilliant or bonkers. Burnout, self-care, boundaries—they need and want them all, sigh. But because I love my students, and they so often surprise me with their profound self-awareness, boundless creativity and poignant longing to save the planet, I usually delight in the discrepancies in our understanding of how the world works. It will all sort itself out in the end, I tell myself, when they bump into reality.

☆ No, Immigrants Aren’t Stealing Jobs From Black Americans
▼ + stars: | 2023-05-17 | by ( Jason L. Riley | ) www.wsj.com time to read: +1 min

May 17 (Reuters) - Shares of U.S. regional lenders jumped on Wednesday on growing investor confidence that the worst of the banking crisis was likely over, following news of strong deposit growth at Western Alliance Bancorp (WAL.N). Arthur Hogan, chief market strategist at B. Riley Wealth, said Western Alliance's deposit growth disclosure was good news for worried investors. "Western Alliance, one of the most hard-hit banks, came out with a filing showing deposit increase. Western Alliance shares, which are down 41% year-to-date, surged 10% to $34.81, erasing losses recorded over the last two weeks. Other regional lenders closed higher: PacWest Bancorp (PACW.O), whose stock has lost nearly 76% of its value year-to-date, spiked 22%.

☆ Priscilla Presley, Granddaughter Riley Keough Reach Settlement Over Family Trust
▼ + stars: | 2023-05-17 | by ( Joseph Pisani | ) 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/priscilla-presley-granddaughter-riley-keough-reach-settlement-over-family-trust-14df6fb4

☆ MLB roundup: Jorge Soler's walk-off HR pushes Marlins past Nats
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +12 min

Washington's Josiah Gray threw 104 pitches in seven innings, allowing two runs (one earned) and striking out five. Miami's Jesus Luzardo, who threw 93 pitches in six innings, allowed one run and struck out seven. Blue Jays right-hander Kevin Gausman allowed three runs (two earned), five hits and two walks while striking out 10 in seven innings. Pirates starter Luis Ortiz (0-2) allowed four runs (three earned) and seven hits in three-plus innings. White Sox right-hander Lance Lynn (2-5) allowed three runs (one earned) and seven hits in seven-plus innings.

Search resuls for: "Riley"

25 mentions found