US regulators are demanding banks offer their best and final takeover proposals for First Republic by Sunday in a bid to soothe markets and bring to a close a period of uncertainty for regional lenders. JPMorgan Chase and PNC are expected to be in the running for the ailing lender, which will be seized in
A new Robe of Estate has been designed for the Queen Consort to wear during her coronation. The robe is adorned with bees, a beetle, and flowers, and has been kept under wraps until the big day. The robe is a long velvet garment worn by a British monarch after their coronation, and Camilla’s has
Twitter’s former CEO Jack Dorsey has taken to social media to openly criticize Elon Musk’s leadership of the company. Dorsey stated that “it all went south” and that Musk “should have walked away” from the acquisition. Dorsey made these comments in response to users of Bluesky, a new social media platform that is being touted
During a recent press conference, Philadelphia 76ers coach Doc Rivers stated that if he were a betting man, he would say that Joel Embiid is doubtful to play in at least Game 1 of the Eastern Conference semifinal against the Boston Celtics. Rivers stated that the doctors examined Embiid and he didn’t do anything during
The upcoming coronation of King Charles will be a historic event as the public will be given an active role in the ceremony. For the first time in history, millions of people around the world will be asked to say a pledge of allegiance to the new King. The Archbishop of Canterbury, the Most Reverend
According to an SEC filing, AMC Entertainment CEO Adam Aron’s compensation in 2021 reached $23.7 million, which is a 25% increase from the previous year. The compensation included a $1.5 million base salary, a $6 million cash bonus, and $16.2 million in stock awards. The company praised its management team for remaining vigilant, flexible, and
SpaceX CEO, Elon Musk, has announced plans for the company to spend around $2 billion on its Starship rocket development this year. Despite this large investment, Musk said that SpaceX does not anticipate needing to raise funding to further bolster the Starship program and its other ventures, as they are not currently in need of
The NFL draft weekend saw an unprecedented number of player and pick trades that took place over the course of three days. By the end of the draft, teams had completed 43 trades, surpassing the previous record of 40 set in 2019. Trade Highlights The Houston Texans were responsible for kicking off the trade frenzy
Matthew Lawrence recently shared a story about being offered a role in a Marvel production under one condition – if he stripped. On the Brotherly Love podcast, the actor recounted his experience of being propositioned by a prominent Oscar-winning director who asked him to disrobe and take Polaroids. Lawrence refused to comply and was subsequently
China’s official data showed that the country’s manufacturing activity decreased unexpectedly in April, creating pressure on policymakers to boost the economy. The manufacturing purchasing managers’ index (PMI) fell to 49.2 in April from 51.9 in March, indicating a contraction. This is below the 50-point mark that separates expansion and contraction in activity on a monthly