First Republic Bank enlists Lazard’s assistance in reviewing strategic options

Bank of the First Republic FRC 29.47% bolsters its advisory ranks as the troubled lender seeks to stay afloat and plan for a post-crisis future amid a transatlantic crisis of confidence in the banking system. The California bank this week typed Lazard ltd. LAZ 3.23% to assist in the review of strategic options which could … Read more

Nike (NKE) third quarter 2023 results

People wearing protective face masks walk past the closed Nike store on 5th Avenue during the coronavirus disease (COVID-19) outbreak in New York City on May 11, 2020. fresh mike | Reuters Nike easily beat Wall Street expectations for its holiday quarter earnings and revenue, although its bloated inventory continued to weigh on its margins. … Read more

Annual sales approach $100 million

Terran Orbital reported fourth-quarter results on Tuesday, posting annual revenue that more than doubled as the company continued to build its order backlog. The Irvine, Calif.-based company said its fourth-quarter revenue reached $31.9 million, up from $27.8 million in the third quarter. Terran Orbital delivered 19 satellites during the fourth quarter, including 10 under a … Read more

Drug-resistant fungi spread rapidly, CDC says

Candida auris is a yeast responsible for many infections. Resistant to most antifungal drugs, this fungus causes several deaths around the world. BSIP | Universal Image Group | Getty Images An often drug-resistant fungus has spread at an “alarming rate” in healthcare settings across the United States, according to the Centers for Disease Control and … Read more

Bad Bunny sued over ex-girlfriend’s voice recording

Bad Bunny performs at the 65th Annual Grammy Awards in Los Angeles, California on February 5, 2023. Mario Anzuoni | Reuters Puerto Rican rapper Bad Bunny is being sued by his ex-girlfriend for over $40 million for allegedly using a recording of his voice without permission or compensation. Carliz De La Cruz Hernández claims that … Read more

Coinbase heads to Supreme Court in first crypto case

Cryptocurrencies and crypto exchanges have attracted all kinds of federal attention in recent years. Of Security and Exchange Commission At justice department At US Senate— many government agencies and legislators have started to weigh in on blockchain business. Now, for the first time, the Supreme Court is getting involved. The highest court in the United … Read more

Home sales spike in February, median price drops

A “For Sale” sign outside of a home in Atlanta, Georgia on Friday, Feb. 17, 2023. Dustin Rooms | Bloomberg | Getty Images Sales of older homes rose 14.5% in February from January, according to a seasonally adjusted tally from the National Association of Realtors. That put sales at an annualized rate of 4.58 million … Read more

5 things to know before the stock market opens on Tuesday March 21

Here are the most important information investors need to start their trading day: 1. Relief Rally UBS’s “forced marriage” to Credit Suisse might have done the trick, at least for now, as U.S. stock markets rallied on Monday after the latest moves to strengthen the global banking system. Now Wall Street is focused almost entirely … Read more

Dodge Challenger SRT Demon revived for the final year of muscle cars

2023 Dodge Challenger SRT Demon 170 To dodge DETROIT — Dodge is resurrecting its controversial muscle car model, the Challenger SRT Demon, as the last special-edition vehicle before production of the brand’s current V8-powered cars ends later this year. The limited edition drag race car will be the fastest and most powerful version of the … Read more

Dodge Challenger SRT Demon revived for the final year of muscle cars

Dodge is resurrecting its controversial muscle car model, the Challenger SRT Demon, with one last special edition of the vehicle before production of the brand’s current V8-powered cars ends later this year. Dodge claims the new car will deliver 1,025 total horsepower, 945 pound-feet of torque and hit 60 mph from a 1.66-second launch. The … Read more