Regulators have shut down Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York.April 26, 2024, 7:51 pm ET, read 2 minutesWASHINGTON – Regulators have shut down Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York.The Federal Deposit Insurance Corporation said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had about $6 billion in assets and $4 billion in deposits as of Jan. 31.Fulton Bank, based in Lancaster, Pennsylvania, has agreed to take over substantially all of the failed bank’s deposits and buy essentially all…
Author: Surbhi Jain
LL Cool J and Vanessa Lachey in ‘NCIS: Hawaii’. Karen Neal/CBS CBS is closing one of its NCIS Regional office. Network has been canceled NCIS: Hawaii After three seasons. The show’s season – and now series – finale is set to air on May 6. The series, which pairs Vanessa Lachey and former NCIS: Los Angeles This season’s cast, starring LL Cool J, will likely become the most-watched show to be canceled this season – topping two other canceled CBS shows, CSI: Vegas And so help me todd, NCIS: Hawaii This season is averaging approximately 7.8 million viewers in Nielsen…
Nathan Howard/Bloomberg/Getty Images Federal Deposit Insurance Corp. (FDIC) headquarters in Washington, DC, US, Wednesday, August 23, 2023. US banking watchdogs will next week propose requiring banks with as little as $100 billion in assets to issue enough long-term debt to cover losses if they ever failed. CNN — The Federal Deposit Insurance Corporation said Friday that Republic First Bank has been shut down by state regulators in Pennsylvania, in what the FDIC said was the first U.S. bank failure this year. “Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and…
After a big week for the Nasdaq and major stocks, Dow Jones futures will open Sunday evening along with S&P 500 futures and Nasdaq futures. x Apple (AAPL), Amazon.Com (amzn), Novo Nordisk (NVO), Eli Lilly (LLY), super micro computer (SMCI) and Advanced Micro Devices (AMD) will all report in the coming week. The latest Federal Reserve meeting and monthly jobs report are also on the slate. The stock market got a strong boost last week on big-cap earnings even amid worrying inflation reports. The Nasdaq and major stocks were the standouts. As tech titans deliver strong growth and promise huge…
The latest headlines from our reporters across the US delivered straight to your inbox every weekdayYour take on the latest headlines from across AmericaA Delta Airlines flight was forced to return to New York on Friday after an emergency slide over a wing began shortly after takeoff.The Los Angeles-bound Boeing plane landed safely back at John F. Kennedy Airport around 8.35 a.m.Delta Airlines reported that the emergency was declared after the cabin crew on Flight 520 observed “flight deck signals related to the right wing emergency exit slide, as well as a non-regular sound coming from near the right wing.”…
The Federal Trade Commission is accusing Amazon founder Jeff Bezos and other top executives at the company of using disappearing messaging apps such as Signal to hide potential evidence in the agency’s ongoing antitrust case against the e-commerce giant.”For years, Amazon’s top executives, including founder and former CEO Jeff Bezos, have discussed (red) sensitive business matters, including antitrust, over the Signal encrypted messaging app instead of email,” the FTC alleged in a document filed Thursday evening. “These executives enabled Signal’s ‘disappearing message’ feature, which irrevocably destroys messages, even after Amazon was aware that the plaintiffs were investigating its conduct.”The agency,…
Stay updated with free updatesjust sign up US inflation myFT Digest – delivered straight to your inbox.US inflation rose to 2.7 percent this year through March, another sign that price pressures remain high, complicating the Federal Reserve’s plans to cut interest rates this year.Friday’s data on personal consumption expenditures, the Fed’s preferred gauge for measuring inflation, exceeded economists’ expectations of 2.6 percent, with a slight increase from 2.5 percent in February. The unexpected rise is likely to increase traders’ doubts that the Fed will lower interest rates this summer, with U.S. mortgage and other borrowing costs expected to remain high…
Update, Friday afternoon: Amazon MGM Studios’ Challengers is watching $6.2 million Friday (which includes approximately $2 million in previews), which the film will receive $15M In 3,477 theatres. how is he? Young people aged 18 to 34 are expected to come tonight, their numbers will remain strong till Sunday. As of Thursday night, that demo range drove 76% of ticketholders for the picture, according to Screen Engine/comScore’s PostTrak. Undoubtedly, this is the biggest and widest debut to date for Oscar-nominated Italian filmmaker Luca Guadagnino. Remember, this tennis movie has IMAX and some PLF, essentially all AMC Dolby. RelishMix reports Challengers…
New York cnn , Clear is a service that lets people skip security lines at airports for nothing but a biometric scan and $189. Some California lawmakers want to change it in the state, saying it separates travelers between rich and poor. California lawmakers voted 8-4 to move a bill out of the Senate Transportation Committee that would ban CLEAR’s expansion at the state’s airports. The bill must be approved by the full California Senate and Assembly and signed by Governor Gavin Newsom to become law. Clear, a publicly traded security company, lets members skip lines at airports, sporting events,…
Home inventory in parts of Florida is rising to uncomfortable levels — and sellers are starting to drop prices, according to a report. On Florida’s west coast, the number of homes for sale and the rate at which their current owners are lowering asking prices are rising, according to a report from real estate firm Redfin released Thursday. Redfin found that in the western parts of the state, whose coastline lies on the Gulf of Mexico, inventory in Cape Coral and North Port is up the most, about 50% year-over-year in March — more than any other U.S. metro. .…