Markets Shrug Off First Republic Failure
The failure of First Republic Bank over the weekend barely dented financial markets on Monday, as investors shrugged off the latest bank seizure to focus instead on corporate profits and…
McDonald’s logo has sexy hidden meaning — fans are shocked
Are you McLovin’ the McDonald’s logo a bit too much? The alleged shocking sexual double meaning of the iconic Golden Arches — one of the most recognized symbols in the…
JPMorgan acquires First Republic. Here’s what the experts say
Market Movers rounded up the best reactions from investors and analysts on JPMorgan Chase ‘s stock movement. The experts, including Jim Cramer , discussed how the bank, already the nation’s…
The First Republic deal has come at a crucial point for the markets and economy
Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty Images JPMorgan Chase’s takeover of First…
Jaypee Group’s Flagship Firm Defaults On Rs 4,161 Crore Loans On March 31
Jaypee Group’s Jaiprakash Associates has defaulted on loans of Rs 4,161 crore. (Representational) New Delhi: Crisis-hit Jaypee Group’s flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,161 crore,…
DeSantis-backed Florida tourism board votes to countersue Disney
Comment on this storyComment The new board overseeing the Walt Disney Co.’s Central Florida theme park property on Monday sued the company, countering a federal lawsuit filed five days ago…
‘Super Mario Bros. Movie’ Crosses the $1 Billion Mark
The animated film “The Super Mario Bros. Movie” crossed the $1 billion box-office threshold on Sunday, making it the fifth movie to do so since the start of the pandemic…
In an Unsteady Banking Industry, First Republic’s Problems Stood Out
Is the worst of the banking crisis over? It may seem a strange question to pose so shortly after the collapse of First Republic Bank, the second-largest such failure in…
A Timeline of How the Banking Crisis Has Unfolded
First Republic Bank was seized by regulators and sold to JPMorgan Chase on Monday, the latest casualty of a banking crisis that has seen other troubled lenders collapse in March.…
First Republic Bank Is Sold to JPMorgan: What to Know
The federal government seized First Republic Bank and sold it to JPMorgan Chase on Monday, ending the lender’s six-week-long free fall and reassuring depositors that their money is safe. Widely…