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☆ Oh Canada, is this the year the Stanley Cup comes home?
▼ + stars: | 2023-04-15 | by ( Steve Keating | ) www.reuters.com time to read: +5 min

Not since the Montreal Canadiens beat the Los Angeles Kings in 1993 has the Stanley Cup been paraded through a Canadian city, an ego-deflating run of failure that has scarred a generation of fans. After winning the Stanley Cup in 1967, Maple Leafs defenceman Larry Hillman allegedly jinxed the team, saying they would not win it again until the club settled a contract dispute and paid him the $2,400 plus interest he believed he was owed. The Maple Leafs' big misfortune is playing in the same division as the Boston Bruins, who this season set NHL records for wins (65) and points (135), and the Tampa Bay Lightning, Stanley Cup finalists for the last three years. These two teams are once again hurdles that must be cleared on the way to a Stanley Cup. When the playoffs open on Monday, the Oilers will be the first of the Canadian teams to hit the ice, hosting the Los Angeles Kings in Game One of their best-of-seven series.

☆ Takeaways from Biden's trip to Ireland
▼ + stars: | 2023-04-14 | by ( Kevin Liptak | ) edition.cnn.com time to read: +10 min

Biden’s trip came as he nears a decision on running again for president. “I own property in Ireland, I’m not going to Ireland,” former President Donald Trump said during Biden’s trip. Patrick Semansky/APDiplomatic legacy: ‘Keep the peace’White House officials made little attempt at ascribing major policy objectives to Biden’s trip. Kevin Lamarque/ReutersBiden makes Ireland visit a family affairMore than anything, Biden’s trip this week had the feeling of a family spring break. Throughout the sometimes-rainy trip, Biden kept his head dry with a baseball cap from the Beau Biden Foundation.

☆ Oil climbs on tightening supply; IEA demand outlook awaited
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: +3 min

An oil pumpjack in the Inglewood Oil Field, seen from the Kenneth Hahn State Recreation Area, on July 13, 2022, in Los Angeles, California. Oil prices rose on Friday on signs of lower Russian output and tighter supplies, with the market looking ahead to the International Energy Agency's monthly report later in the day to clarify the global demand outlook. The possibility that the agency might downgrade the global demand outlook over faltering macroeconomic growth is helping to cap prices. "It looks like the rally in crude prices has finally hit a wall," OANDA analyst Edward Moya said in a note. Oil prices are expected to record an upward trend but the increments are expected to be capped at $90 a barrel, said CMC Markets analyst Leon Li.

☆ NHL roundup: Knights wrap up West's No. 1 seed
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +12 min

Reilly Smith, Alec Martinez and Chandler Stephenson scored for the Golden Knights (51-22-9, 111 points), who closed the regular season with an eight-game points streak (5-0-3). Liam O'Brien led the Coyotes with a pair of goals and Nick Schmaltz and added a goal and an assist. The Stars, who are looking to win a division title for the first time since the 2015-16 campaign, are atop the division. The Bruins set NHL records for most wins and most points in a single season. Tage Thompson scored his 47th goal of the season for Buffalo, which improved to 8-2-1 over its last 11 games.

☆ Leon Levine, Who Made Small Box Retailing Pay, Dies at 85
▼ + stars: | 2023-04-12 | by ( James R. Hagerty | ) 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/leon-levine-who-made-small-box-retailing-pay-dies-at-85-2db70262

☆ See the memo detailing JPMorgan's new mandatory office policy for managing directors
▼ + stars: | 2023-04-12 | by ( Carter Johnson | ) www.businessinsider.com time to read: +8 min

JPMorgan Chase is abandoning a hybrid attendance policy it adopted during the pandemic and requiring executives to return to the office. On Wednesday, JPMorgan, the nation's largest bank by assets, said it will now mandate that all managing directors come to the office five days a week. In 2021, he wrote in his annual note to shareholders that he envisioned many JPMorgan employees returning to the office full-time, while allowing for exceptions. Tracking attendance is not only important to manage hybrid work schedules but also for real estate, resiliency and security purposes. In the meantime, you can find many useful tools and resources on the Hybrid Working page.

☆ These 6 beaten-down bank stocks are about to make a big comeback in the upcoming earnings season, according to the director of equity research at CFRA
▼ + stars: | 2023-04-12 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are six banks that should fare well in the Q1 earnings season despite the sector's challenges. A series of bank failures in early March sent shares of financial institutions plunging, and while bank stocks have stabilized in recent weeks, they haven't yet been able to mount a comeback. But when they kick off the Q1 earnings season in mid-April, banks can change the negative narrative — or reinforce existing concerns about the sector. "Banks may see higher revenue year-over-year and may surprise to the upside, beating consensus earnings estimates," Leon wrote. Below are the six bank stocks that CFRA expects to fare well in the first quarter earnings season, along with the ticker, market capitalization, and investment thesis for each.

☆ Leon Levine, Family Dollar founder, dies at 85
▼ + stars: | 2023-04-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Leon Levine, who built Family Dollar into a discount retail giant catering to America’s lower-income and middle-class shoppers, has died at 85. Three dollar store chains — Dollar General, Dollar Tree and Family Dollar — are now the fastest-growing US retailers. Levine opened the first Family Dollar store in 1959 at age 22 in Charlotte, North Carolina, with his cousin. “We’re just the opposite of a Wal-Mart,” Family Dollar president George Mahoney told the Associated Press in 1993. (Today, there are more than 8,000 Family Dollar stores.

☆ US stocks face a 50% crash, a 'crypto apocalypse' is coming, and the economy is entering a 'doom loop.' Here are the 10 wildest predictions over the past quarter.
▼ + stars: | 2023-04-10 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +6 min

From stocks to commercial real estate, several parts of financial markets are on shaky ground. Here are the 10 wildest predictions about asset prices and the economy over the past quarter. Grantham said the prices of stocks, bonds, real estate, fine art, and other investments surged to unsustainable highs during the COVID-19 pandemic. Crypto: an 'apocalypse' is coming for digital assets"Dr. Doom" economist Nouriel Roubini isn't hopeful about the crypto industry. "I think it will spread into commercial real estate as banks become more reluctant to lend," Cooperman said.

☆ Dietitians hate the term ‘superfood’ and wish you’d use this instead: 'One food is not going to be a cure-all'
▼ + stars: | 2023-04-09 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

But many dietitians wish the term would go away. "I don't really resonate with the 'superfoods' idea," says Felicia Porrazza, a registered dietitian nutritionist. "One food is not going to be a cure-all. Diana Ushay, registered dietitian at New York-Presbyterian Hospital and Erica Leon Nutrition, agrees. "Also, I don't think you can really call something a superfood if it's not accessible to everyone of all budgets."

☆ The coming commercial real estate crash that may never happen
▼ + stars: | 2023-04-09 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

"There's a lot of headaches about calamity in commercial real estate," said Kevin Fagan, director of commercial real estate analysis at Moody's Analytics. But credit in commercial real estate has performed well until now, and it's far from clear that U.S. credit issues spreading outward from real estate is likely. Analysts raised concerns that developers might default on a big chunk of $3.1 trillion of U.S. commercial real estate loans Goldman Sachs says are outstanding. "We're well aware of the concentrations people have in commercial real estate," Powell said at a March22 press conference. But there are reasons to believe lending issues in commercial real estate will be contained, Fagan said.

UFC 287 live stream quick links US: ESPN+ ($80 plus $10/month membership)UK: BT Sport (£30/month)Main card start time: 10 p.m. How to watch UFC 287 in the USYou can watch the main event of UFC 287 on ESPN+ at 10 p.m. Ways to save on the UFC 287 pay-per-view priceIf you plan on signing up for ESPN+ to watch UFC 287, you can snag a special discounted bundle. How to watch UFC 287 in CanadaIn Canada, UFC 287 will be available to watch from multiple pay-per-view TV providers, including Bell, Rogers, Shaw, and Telus. Here's the fight card for UFC 287: Pereira vs. Adesanya 2ESPNEarly Prelims — 6 p.m.

☆ Two Cheers for Ukraine’s Oligarchs
▼ + stars: | 2023-04-06 | by ( Leon Aron | ) www.wsj.com time to read: 1 min

In late 1991, Russia and Ukraine began their post-Soviet journey from pretty much the same starting point in their political and economic development. Today, Russia under President Vladimir Putin is an autocracy verging on military dictatorship, while the Ukrainian political system, for all its flaws, has retained two important features of democracy: free competition among parties and the peaceful turnover of power. This difference, not any threat of NATO aggression, was the real reason why Mr. Putin launched his invasion of Ukraine in 2022. Had Ukraine been allowed to complete its fits-and-starts transition to a stable, prosperous and Western-oriented democracy, it would have become an imminent threat to Mr. Putin’s regime. Sooner or later, the Russian people would have started to ask why they couldn’t have what Ukraine had.

☆ Rapper Coolio died from fentanyl overdose, manager says
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] Singer Coolio performs before a panel discussion on his new Oxygen Network reality series "Coolio's Rules" at the NBC Universal summer 2008 press tour in Beverly Hills, California July 20, 2008. REUTERS/Fred Prouser/File PhotoLOS ANGELES, April 6 (Reuters) - Grammy-winning rapper Coolio died from a fentanyl overdose, his manager said on Thursday, six months after the musician was found dead at a friend's home in Los Angeles at age 59. Born Artis Leon Ivey Jr., Coolio was best known for his 1995 single "Gangsta's Paradise," from an album of the same name. Coolio's manager, Jarez Posey, said the rapper's family had been informed on Thursday by the Los Angeles County Coroner's Office that the singer had died from a fentanyl overdose. Born in Pennsylvania in 1963, Coolio began performing as part of the West Coast hip-hop scene after moving to Compton, California.

☆ The Masters were caddied by only Black men for nearly 50 years
▼ + stars: | 2023-04-05 | by ( Jack Bantock | ) edition.cnn.com time to read: +14 min

Located just three miles from The Masters venue, the historically Black district lay adjacent to Augusta Country Club. Eventually, many would hop across Rae’s Creek to begin work at Augusta National. A “good bag” at Augusta National would pay up to $5, Maben said, offering $20 for a particularly lucrative day’s labor. The 1983 Masters saw the first White caddies walk the greens at the major, with just 19 Black caddies on the bag, Clayton said. This year, the Lucy Craft Laney Museum will put the legacy of Augusta’s Black caddies – quite literally – center stage.

Persons: Jack Nicklaus, Arnold Palmer, Willie Peterson caddied Nicklaus ’, Nathaniel “, ” Avery, Peterson –, –, Augusta, Nicklaus, Peterson, Augusta caddies, Leon Maben, Lucy, Lucy Craft Laney, Ward Clayton, “, ” Palmer, ” Clayton, …, Maben, Jerry ” Beard, caddie, Fuzzy Zoeller, John P, caddying, Willie “ Pappy ” Stokes, Stokes, Henry Picard, Ben Hogan, Hogan, Beard, Zoeller, Augusta “, Clayton, ” Maben, ” Beard, Heinz Kluetmeier, Tommy “, ” Bennett, Woods, scalding, John H, Stovepipe ” Gordon, Frank “, ” Stokes, Matthew “ Shorty Mac ” Palmer, Avery’s, Gordon, Gene Sarazen, Sarazen, Willie “, Perteet, Dwight D, Eisenhower, ”, ’, ‘, We’re, caddies, Jim Crow, Ron Townsend, Lee Elder, Elder, Andy Lyons, Townsend, ” Carl Jackson, Ben Crenshaw, Jackson, Crenshaw, “ Gentle Ben ”, Watson, Jamie Squire, Harvey Penick, ” Jackson, you’re, Andrew Redington, Avery, Palmer, Augusta caddies – Stokes, It’s Organizations: CNN, Augusta National, Bettmann, Getty, Augusta Country, Lucy Craft, Lucy Craft Laney Museum of, . Augusta National, ”, Augusta, ESPN, National, PGA, Augusta Country Club Locations: Georgia, Cedar Grove, Sand, Black, Augusta, caddies, Clayton, America, ”, Perteet

Oil prices jumped over 6% on Monday, with U.S. crude futures topping $80 per barrel. The U.S. pumped nearly 12.5 million bpd in January, according to the latest government data. U.S. cash crude prices strengthened on Monday, with Mars Sour gaining 50 cents to trade at a $1.40 discount to U.S. crude futures . U.S. seaborne crude exports last month hit 4.74 million bpd, the highest monthly total since at least January 2020, Vortexa data showed. "This development should bode well for already strong U.S. crude exports with increased medium- and heavy-sour Canadian crude exports from the U.S. in order to supply a global market which is already short on sour crude," said Rohit Rathod, senior oil market analyst at Vortexa.

☆ The NATO military alliance has its own song, as well as a jingle specially recorded over 60 years ago
▼ + stars: | 2023-04-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

It has its own official "NATO Hymn," as well as a decades-old jingle called "The NATO Song." Among the more interesting tributes, however, was "The NATO Song." And "The NATO Song" is far from the only musical celebration of the alliance's existence. A separate NATO informational page refers to a piece called the "NATO hymn song sheet" and links to the lyrics and notes to something titled "NATO — Song." Like Helsinki, Stockholm would provide the military alliance with a meaningful firepower boost as it faces threats from Russia.

☆ Billionaire investor Leon Cooperman rings the recession alarm and says commercial real estate is next in the crosshairs of global banking turmoil
▼ + stars: | 2023-04-03 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +2 min

Leon Cooperman says the commercial real estate sector will be the next market hit by bank turmoil. In an interview with CNBC, the billionaire investor said institutions are pulling back on lending and commercial real estate commitments as a way to shore up liquidity. "I think it will spread into commercial real estate as banks become more reluctant to lend," Cooperman said Monday. The commercial real estate market is operating in a perfect storm of rising interest rates, declining occupancy rates for offices, and now, less access to credit. This could impact smaller and medium-sized banks with higher commercial real estate exposure.

☆ Leon Cooperman on the government response to the banking crisis
▼ + stars: | 2023-04-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLeon Cooperman on the government response to the banking crisisLeon Cooperman, Omega Family Office chairman and CEO, joins 'Squawk Box' to discuss his thoughts on the market, whether there's contagion risk from the banking crisis, and more.

☆ Watch CNBC's full interview with Omega Family Office CEO Leon Cooperman
▼ + stars: | 2023-04-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Omega Family Office CEO Leon CoopermanLeon Cooperman, Omega Family Office chairman and CEO, joins 'Squawk Box' to discuss his thoughts on the market, whether there's contagion risk from the banking crisis, and more.

☆ Leon Cooperman is bullish on oil and has 20% of his portfolio in energy stocks
▼ + stars: | 2023-04-03 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Leon Cooperman said Monday oil prices are headed higher on the back of a demand comeback, boosting his energy stock picks. He said he has 20% of his portfolio in energy stocks. The widely followed investor said his two favorite stocks in the sector are Canadian oil and gas producers Paramount Resources and Tourmaline Oil . "It's growing production at 15%," Cooperman said on Tourmaline Oil. Paramount Resources shares are up more than 3% this year, while Tourmaline Oil saw its stock fall more than 17%.

☆ NHL roundup: Carter Verhaeghe nets career-best 4 goals in Panthers' win
▼ + stars: | 2023-04-02 | by ( ) www.reuters.com time to read: +9 min

Sabers 6, Flyers 3Alex Tuch scored his second career hat trick to help Buffalo to a win against host Philadelphia. Morgan Frost scored twice and Felix Sandstrom made 23 saves for the Flyers, who had their seven-game point streak snapped. Avalanche 5, Stars 2Nathan MacKinnon had two goals, Mikko Rantanen had a goal and three assists, and host Colorado beat Dallas. Ben Hutton, Zach Whitecloud and Brett Howden also notched goals for Vegas, which is 5-1-1 in its past seven games. J.J. Moser and Milos Kelemen scored for the Coyotes (27-37-13, 67 points), who have dropped seven straight games (0-5-2).

☆ Mexico sees growth of up to 3% this year, eyes nearshoring boost
▼ + stars: | 2023-03-31 | by ( Anthony Esposito | ) www.reuters.com time to read: +3 min

Mexico's inflation rate by the end of this year is seen slowing to 5.0%, and then to 4.0% by the end of 2024. Mexico's central bank raised rates 25 basis points to 11.25% Thursday, but hinted the hiking cycle could be nearing its end. Mexico is also primed to benefit from private investment fueled by "nearshoring," the trend of moving production to North America and away from Asia, the ministry said. Nearshoring could add up to 1.2 percentage points to GDP the ministry said, without specifying a time frame. In particular, the ministry anticipated a boost to foreign investment in manufacturing, and said the automotive industry was a "natural candidate" to take advantage of nearshoring.

☆ Stocks Rise, Notching Second Straight Gain
▼ + stars: | 2023-03-30 | by ( Caitlin Mccabe | Brenda León | ) www.wsj.com time to read: 1 min

U.S. stocks closed higher Thursday, extending their gains into a second day, bolstered by waning concerns about global banks and growing hopes that the Federal Reserve could soon pause its interest-rate increases. The tech-heavy Nasdaq Composite rose 87.24 points, or 0.7%, to 12013.47. The broad S&P 500 index added 23.02 points, or 0.6%, to 4050.83. The Dow Jones Industrial Average gained 141.43 points, or 0.4%, to 32859.03.

☆ Inside a shake-up at the world's 'most feared law firm'
▼ + stars: | 2023-03-30 | by ( Casey Sullivan | ) www.businessinsider.com time to read: +30 min

It's been a tumultuous period for Quinn and the storied law firm he built over the past 37 years — now the world's largest litigation firm with hourly rates that can be north of $2,000. But behind the scenes, a shift at QE has been the talk of elite law firm circles. Indeed, the firm – known as a singular, even freewheeling, institution that brands itself as the "#1 Most Feared Law Firm in the World" — may appear to be less in the image of its founder as a generational shift brings changes. "We all thought it was important that the world understands this is not a one generation law firm." One former firm partner in California says he believes Quinn's inner circle generally got better deals.

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