Posts by Liam Redmond
Jefferies takes US$30 million hit on First Brands as profit drops
[NEW YORK] Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group. Net earnings for the fiscal fourth quarter declined 7.2 per cent from a year earlier to US$191 million, Jefferies said on Wednesday (Jan 7). While…
Read MoreJPMorgan reaches deal to take over Apple credit card: report
[BENGALURU] JPMorgan Chase has reached a deal to take over Apple’s credit-card programme from Goldman Sachs, The Wall Street Journal reported on Wednesday (Jan 7), citing sources familiar with the matter. The biggest US bank will become the new issuer of Apple Card, one of the largest co-branded credit-card programmes in the country with about…
Read MoreExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800 million to US$1.2 billion. Oil prices declined 9.2 per cent during the three months ended Dec 31, as concerns about oversupply and tariffs outweighed geopolitical risks. Brent crude futures shed about 19 per cent in…
Read MoreBlakeman hits Hochul for chummy relations with Chinese Communist Party officials after Linda Sun scandal
Commie here often? Nassau County Executive Bruce Blakeman called for a probe of Gov. Kathy Hochul’s administration Wednesday as unearthed records revealed her aides kept up chummy relations with Chinese government officials — even after the firing of accused Beijing agent Linda Sun. The federal charges against Sun — a former top aide to Hochul…
Read MoreOil falls after Trump reveals plan for Venezuelan oil
[NEW YORK] Oil prices fell on Wednesday as US President Donald Trump’s plan to refine and sell Venezuelan crude oil raised concerns about the long-term impact of US actions. US data on Wednesday showed job openings fell more than expected in November while hiring eased, but investors were keen to see Friday’s US employment report for December. Investors said…
Read MoreEuropean stocks cool as traders assess Venezuela fallout, economic data
EUROPEAN stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest US-Venezuela developments and sifted through a fresh batch of economic data. Even though markets have mostly shrugged off the recent uptick in geopolitical risk, investors turned more cautious after President Donald Trump said the US had…
Read MoreStream It Or Skip It: ‘Marcello Hernandéz: American Boy’ on Netflix, new ‘SNL’ star is more mama’s boy than Domingo
Marcello Hernandéz broke out on Saturday Night Live by playing a paramour named Domingo, and now he’s ready to show us all what he’s made of in his debut comedy special for Netflix. The Gist: Raised in and around Miami by a Cuban immigrant mother and a Dominican immigrant father, Hernandéz went to college in Ohio,…
Read MoreNew Minneapolis ICE shooting video shows vehicle appear to hit agent as he opened fire
A new video angle of the deadly shooting by an ICE agent in Minneapolis appears to show the driver of the SUV strike the the officer with her car before he opened fire through the open window. The wide-angled footage, which appears to have been filmed from a second-story window or rooftop directly across the…
Read MoreKim Kardashian is still a fan of ex Kanye West’s designs: ‘Nothing like a Yeezy heel’
Kim Kardashian revealed that she can’t quit her Yeezy boots. Kim Kardashian is still a Yeezy supporter. After a messy divorce and public antics, Kardashian just can’t quit her Yeezy closet staples, designed by ex-husband Kanye West. The reality star took to TikTok to show off one of her more daring outfits from her recent…
Read MoreThis type of diet may be physically changing your liver — and may lead to higher cancer risk
From fast-food to ultra-processed snacks, a high-fat diet eaten over the long term may trigger biological changes in the liver that could raise the risk of cancer. Researchers from the Massachusetts Institute of Technology (MIT) suggested it may be less about how much fatty food is consumed at once — and more about how long the liver…
Read MoreIsraeli PM meets with Japanese lawmakers in Jerusalem, discusses ‘regional challenges’
Israeli Prime Minister Benjamin Netanyahu met with a delegation of Japanese lawmakers at his office in Jerusalem on Tuesday evening. Netanyahu thanked the parliamentarians for their support for the Jewish state throughout the War of Redemption, sparked by Hamas’s Oct. 7, 2023, massacre. “During the meeting, the prime minister discussed regional challenges and the advancement…
Read MoreWhy Prince Harry likely won’t meet with dad King Charles during upcoming UK visit
It’s unlikely Prince Harry will meet with his father, King Charles III, during his upcoming trip to the UK, Page Six can confirm. A source tells us the Duke of Sussex — whose scheduled visit later this month is tied to his court case against Associated Newspapers (ANL) — still doesn’t have “firm dates for…
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