Reported 5 months ago
The Consumer Financial Protection Bureau has introduced a new rule stating that buy now, pay later lenders must adhere to the same legal rights and protections as credit card providers, including the right to refunds and transaction disputes. This regulation follows an inquiry into the industry due to consumer complaints, with major players like Affirm and Klarna welcoming the move and emphasizing their existing dispute resolution processes. The rule aims to ensure that consumers using buy now, pay later services are granted similar protections as those using traditional credit cards.
Source: YAHOO
Reported 5 months ago
近年来，人工智能领域的最新发展引起了公众的兴趣。这一趋势的副产品之一是处于这种技术转变前沿的公司的股价飙升。芯片制造商Nvidia的股价已经大幅上涨，其股价已从1999年初始公开募股时的0.25美元飙升至每股超过939美元，是其已进行的首次股票分拆。Nvidia宣布其董事会已批准进行10对1的前向股票分拆，股東將於2024年6月6日記錄日後的6月7日收盤後持有的每份股票將獲得9份額外的股份，預計分拆后股票將於6月10日開始以分拆調整的基礎進行交易。投資者無需採取任何措施即可收到額外的股份，經紀公司和投資銀行將處理相關事宜。
Source: YAHOO
Reported 5 months ago
Source: INVESTORS
Reported 5 months ago
New York Yankees owner Hal Steinbrenner revealed that the team's current record-high payroll, ranked third in MLB, is financially unsustainable due to luxury tax payments. Steinbrenner expressed concern over maintaining a $300 million payroll to win a championship and hinted at financial constraints despite the team's success led by players like Juan Soto and Aaron Judge. However, he mentioned upcoming financial flexibility as player contracts expire, potentially impacting negotiating deals for free agents like Soto.
Source: YAHOO
Reported 5 months ago
The family of one-year-old Kate Wise, known as the 'Four Seasons Orlando' baby on TikTok, shared the story behind her viral moment that drew comparisons to 'The Boss Baby.' In an exclusive interview with PEOPLE, the family revealed details about the adorable viral video that captivated viewers.
Source: YAHOO
Reported 5 months ago
杜邦將通過免稅交易將其電子產品和水務部門分離，形成三家上市公司，預計在未來兩年內完成。這將使留下來的公司專注於生物製藥和醫療器械等行業，產品包括泰維克和凱夫拉。這項計劃是該公司計劃分拆獲得更高回報的一部分，也是首席執行官Ed Breen的常規做法之一，他在此前的職業生涯中主導了數十億美元的交易，包括多次企業分拆。杜邦本身自與陶氏化學公司合併約十年來已經分拆了一些重要業務線。
Source: YAHOO
Reported 5 months ago
在Archegos Capital Management創辦人Bill Hwang的指控案件中，一名原告的主要證人承認在交叉審訊中與另一位關鍵證人有糾紛。被詢問時，證人提到自己對前Archegos主管交易員的不滿，這對總共四人中的計謀成員之間的不和可能損害控方所描述的一個“腐敗核心”形象。
Source: YAHOO
Reported 5 months ago
前總統川普周三解釋了他在神秘金錢案中拒絕作證的理由，部分歸因於裁判官對許多其他證人作證時的裁決未有有利於他的辯護團隊。歷經了多達15天、20位證人的作證後，檢察官已結案並休庭，而川普的辯護團隊僅傳喚2位證人後於週二休庭，沒有叫前總統上臺作證。
Source: YAHOO
Reported 5 months ago
When siblings inherit an IRA from their parents, they have the option to transfer the IRA into an inherited IRA, either jointly or individually. This rollover must occur by December 31 of the year of inheritance, and the siblings have 10 years to withdraw and pay taxes on the money. They can also choose to withdraw the entire value as a lump sum and divide the assets among themselves. Additionally, minor children can transfer the IRA into an inherited IRA, but they must follow the 10-year rule once they reach the age of majority. Seeking advice from a financial advisor is recommended to navigate the tax implications and rules surrounding inherited IRAs.
Source: YAHOO
Reported 5 months ago
Walgreens Boots Alliance has sold $400 million worth of shares in drug distributor Cencora, reducing its stake to about 12% from 13%. The proceeds will be used for debt paydown and general corporate purposes. This sale is part of a gradual reduction in stake over the past year, with previous sales totaling $674 million and $1.85 billion. The long-term partnership between the two companies remains unaffected. Cencora has also raised its fiscal 2024 profit forecast from $13.30-$13.50 to $13.35-$13.55 per share.
Source: YAHOO
Reported 5 months ago
San Diego Padres All-Star second baseman Xander Bogaerts has been placed on the 10-day injured list due to a fractured left shoulder sustained while diving for a ground ball. Initial imaging showed negative results, but further tests revealed the fracture. Manager Mike Shildt indicated uncertainty about the recovery timeline. Bogaerts, hitting .219 with four homers and 14 RBIs, hopes for a one-month recovery. In response to the injury, the Padres made roster moves, including selecting outfielder David Peralta's contract and transferring right-handed pitcher Luis Patiño to the 60-day IL. Third baseman Manny Machado noted the challenge of replacing Bogaerts, highlighting the team's need to step up collectively. Luis Arraez excelled in Bogaerts' absence, contributing to a victory over the Reds. Shildt mentioned exploring multiple options to fill the gap left by Bogaerts' absence.
Source: YAHOO
Reported 5 months ago
Source: BARRONS
Reported 5 months ago
Stocks and bonds dropped as US business activity and inflation increased, leading to expectations of the Fed maintaining interest rates. The S&P 500 fell below 5,300, except for Nvidia Corp. which rose over 9%. The Dow Jones lost 1.5% due to Boeing's decline. Treasury yields rose, shorter maturities leading. Expectations for a quarter-point rate cut in December strengthened. Fed's focus on inflation could delay rate cuts. Bitcoin, oil, and gold fell amid US economic strength. Nvidia's strong earnings and market insights suggest S&P 500 growth. Key events include Japan CPI, Canada retail sales, German GDP, and US consumer sentiment. Market movements showed declines in major indices, rises in dollar and bond yields, and falls in cryptocurrencies, oil, and gold.
Source: YAHOO
Reported 5 months ago
Héctor Neris開始了一個新傳統，為Cubs的勝利。該傳統是在Cubs主場對陣Braves之前開始的，球隊的比賽MVP將獲得典型的Cubs“W”旗。在星期二的10局比賽中，Hoerner因為以4-3的比分贏得三場系列賽中的第一場而贏得了“W”旗標。Neris在九局比賽中投了一局無失分，幫助球隊進入了延長賽。最終，Cubs以本壘勝利。
Source: YAHOO
Reported 5 months ago
在夏日，為了做甜點打開烤箱是行不通的。這裡有63款聰明的免烤甜點，您可以保持涼爽並滿足您的甜蜜牙齒，無論您遇到什麼問題，無論是因為烤箱故障還是烤箱被其他重要食物塞滿等。這些甜點食譜包括了很多冰淇淋、松露巧克力、乳酪蛋糕等免烤選擇，完美解決您的甜點渴望，無需烤箱。
Source: YAHOO
Reported 5 months ago
The article discusses the importance of avoiding certain foods and drinks while taking weight loss medications like Ozempic and Wegovy, which contain semaglutide, a synthetic version of GLP-1 hormone. Foods to avoid include greasy, high-fat foods, fruits and vegetables high in roughage, gas-forming vegetables, sweet foods, spicy foods, alcohol, and excessive portions of cheese, bread, coffee, eggs, and peanut butter. These foods may lead to symptoms like nausea, vomiting, and stomach discomfort due to the medications' impact on stomach emptying. It's recommended to consult a healthcare provider for personalized nutrition guidance while on these medications.
Source: YAHOO
Reported 5 months ago
Synopsys has increased its annual revenue and profit forecast due to a surge in demand for its chip design software driven by the AI boom. The company anticipates strong revenue growth from customers designing chips for AI and other applications, with an expected 15% increase this year. Semiconductor firms are turning to Synopsys for their AI-powered electronic design automation suite to enhance chip designs. Synopsys now projects annual revenue between $6.09 billion and $6.15 billion and adjusted earnings per share between $12.90 and $12.98.
Source: YAHOO
Reported 5 months ago
John Hess, CEO of Hess Corp., is personally reaching out to shareholders in an effort to secure support for a $53 billion takeover by Chevron Corp. before a May 28 shareholder meeting. Investors are being assured by Hess that this deal is the best possible option and that Chevron may back out if the takeover doesn't go through. The transaction, which would see Hess Corp.'s position in Guyana's oil industry transferred to Chevron, has faced challenges including doubts raised by proxy advisers and a dispute with Exxon over rights in the Stabroek oil field. Despite these obstacles, Hess remains confident in the deal's long-term value and is pushing ahead with the vote, with support from some large investors and proxy advisers.
Source: YAHOO
Reported 5 months ago
Australia's media regulator is suing Optus, a telecom carrier owned by Singtel, over a cyber attack in September 2022 that exposed customers' personal information. Following the breach, Prime Minister Anthony Albanese called for stricter privacy rules. The Australian Communications and Media Authority alleges that Optus Mobile failed to protect customer data, affecting 10 million Australians. Optus is cooperating with authorities and plans to defend against the allegations, though the potential penalties are unknown. This incident follows a previous network blackout that affected over 10 million Australians, leading to the resignation of Optus' CEO.
Source: YAHOO
Reported 5 months ago
The New Jersey Devils have announced the hiring of Sheldon Keefe as their new head coach, replacing Lindy Ruff. Keefe previously coached the Toronto Maple Leafs, leading them to the playoffs in each of his five seasons but falling short of advancing past the first round in four of those years. The Devils' management expressed excitement about Keefe's appointment and his potential to elevate the team to Stanley Cup contention, citing his coaching experience and success in the AHL as key factors in their decision.
Source: YAHOO
Reported 5 months ago
In the article, the hosts discuss the latest trends and stories impacting the market, including Nvidia's earnings and stock split announcement, the housing market outlook showing a decline in April home sales, and the regulatory pressure on Buy Now, Pay Later (BNPL) stocks. The article also covers upgrades and downgrades for companies like Shopify, Hims & Hers Health, and the impact of a new rule proposed by the Consumer Financial Protection Bureau on BNPL lenders. The hosts also analyze market movements, sector performance, and the implications of Microsoft's new AIPCs on the enterprise and consumer sectors. The article includes insights from experts highlighting the potential benefits of AIPCs for generative AI, cybersecurity, and the software industry, as well as discussions on companies like Apple, Zoom, Salesforce, and more in relation to AI innovations and market positioning.
Source: YAHOO
Reported 5 months ago
Nvidia reported better-than-expected fiscal first-quarter earnings with revenue of $26 billion and adjusted earnings of $6.12 per share, causing the stock to rise in after-hours trading. The company also announced a 10-for-1 stock split and a dividend raise. The positive earnings report is expected to drive momentum in the tech sector and the broader market, particularly benefiting the Nasdaq. The strong performance of Nvidia reflects the growing demand for AI technology across various industries.
Source: YAHOO
Reported 5 months ago
PinkPantheress has announced a new single titled "Turn It Up," set to be released later this week. The singer, who recently wrapped up her solo headlining tour, shared a snippet of the track on TikTok and is gearing up to join Olivia Rodrigo on tour this summer. "Turn It Up" will be her first release of 2024 following her debut album last November.
Source: YAHOO
Reported 5 months ago
Recently crowned winner of "The Voice" Season 25, Asher HaVon, shared insights about his experience on the show, including working with coach Reba McEntire, his victory for the LGBTQ+ community, and his unique style choices. Despite initial doubts, Asher's confidence and talent shined through, and he expressed excitement about representing his community and potentially exploring a club-music route in the future. Asher also hinted at the possibility of launching his own clothing line, inspired by his standout wardrobe on the show.
Source: YAHOO
Reported 5 months ago
Russia has announced that it exceeded its crude production commitment for April and will present a plan to make up for the extra output to OPEC and its allies. The overproduction was attributed to technicalities, and Russia remains committed to voluntary production cuts within the OPEC+ deal. The statement comes ahead of an OPEC meeting where discussions on extending output curbs are expected. Russia aims to compensate for the deviation from production targets, with plans to deepen output cuts in the coming months.
Source: YAHOO