Big changes are coming to top positions here - A major switch in managing leadership has happened at City National Bank Two key people are stepping in to oversee entertainment banking and private wealth. Kelly did a great job leading that group. But she's stepping away for new challenges.
Last year, Spirit Airlines filed for bankruptcy. This time, their former suitor, Frontier Airlines, is trying once again to merge with them. This move comes as budget airlines face tough times. Frontier is offering Spirit a mix of its own debt and stocks. They've been talking to Spirit's board, mana
You might think that the emergency room (ER) is always buzzing with activity, no matter what the weather is like. But let's look at a specific type of ER visit—orthopedic injuries—in a big European hospital. Researchers there wanted to find out if weather conditions and holidays could affect the num
Bank of America has given D. R. Horton a reality check, downgrading its stock from "buy" to "neutral. " Analyst Rafe Jadrosich now expects the homebuilder to face tough times ahead, with a target price of $150 per share, just a 5% increase from its current value. High interest rates and rising input
Aging happens in different ways, both physically and mentally. But how these two types of aging affect our lifespan isn't well-studied. So, a recent study looked into this. They checked if signs like hearing loss, tooth loss, falls, and how old people feel they are might predict early death. Over 3
Canoo, an electric vehicle (EV) startup based in Justin, Texas, has called it quits. The company, known for its unusual-looking electric vans and trucks, announced it was filing for bankruptcy and immediately ceasing operations. This news came as a shock, especially considering Canoo's high-profile
You might have heard about people and companies losing their bank accounts suddenly. This isn't just happening to regular folks, but also to big names in the tech and crypto world. Recently, the U. S. Oversight Committee, led by Representative James Comer, started looking into these cases. They're t
For a long time, Wall Street banks stayed away from owning cryptocurrencies like Bitcoin. This was mainly due to a rule from the U. S. Securities and Exchange Commission (SEC). This rule, called "Staff Accounting Bulletin 121" or SAB 121, forced banks to treat digital assets as a liability on their
In a recent shift, Israel's military is taking a new approach to their operations in the West Bank, inspired by their experiences in Gaza. Defense Minister Israel Katz announced a new operation called "Iron Wall" in the Jenin refugee camp. This move comes just days after a ceasefire in Gaza. Prime M
In a surprising turn, the UK's inflation rate dropped to 2. 5% in December 2024, catching economists off guard. The consumer price index (CPI) had previously been at 2. 6% in November. Core inflation, which doesn't include the ups and downs of food and energy prices, also dipped to 3. 2%, down from
