Author: IA PressRoom

© Reuters. FILE PHOTO: A First Republic Bank branch is seen in New York City, U.S., April 28, 2023. REUTERS/Shannon Stapleton/ By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co (NYSE:) will shut 21 branches of First Republic Bank (OTC:) by the end of the year as it integrates the failed lender into its operations, a JPMorgan spokesperson said on Thursday. The locations account for about a quarter of First Republic’s 84 branches across eight states. The lender, which was the largest to collapse since the 2008 financial crisis, was seized by regulators in May and sold to…

Image Source: ForbesReddit co-founder Alexis Ohanian firmly believes that play-to-earn is the future of gaming despite the decline in popularity of some major P2E games.In a recent Twitter thread, Ohanian, who is the founder and current General Partner of Web3-focused venture capital firm Seven Seven Six, said play-to-earn “will become standard for video games in the future.”“Within the next five years, the majority of gamers won’t play games unless they are being properly valued for that time.”Despite the failure of play-to-earn games like Axie Infinity, Ohanian remains convinced that such games are the future of the gaming industry. He sees the…

CNN  —  Hitting the campaign trail in Iowa on Wednesday for the first time as a presidential candidate, Florida Gov. Ron DeSantis road tested new policy ideas for handling student debt and boosting military morale. In Salix, Iowa, DeSantis said universities should have to pick up the tab if a former student can’t pay back their loans. Later, in Council Bluffs, DeSantis said that he, if elected, would offer back pay to veterans who reenlist after leaving the military due to Covid-19 vaccine requirements. For DeSantis, who provided few details on his first-term agenda in his official launch on Twitter…

Hulu has a loaded lineup in June, including a new season of last summer’s surprise hit “The Bear” and a sequel to 1997’s smash hit movie “The Full Monty.” The intense and mesmerizing restaurant dramedy “The Bear” (June 22) returns for its second season, as Carmy (Jeremy Allen White), Sydney (Ayo Edebiri) and the kitchen gang work to transform their grimy, hole-in-the-wall sandwich shop to an upscale dining establishment. And as the restaurant gets stripped down, the crew undertake their own transformational journeys. One…

LONDON, UNITED KINGDOM – 2023/04/10: A branch of Barclays Bank seen in central London. (Photo by … [+] Steve Taylor/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Barclays’ stock (NYSE: BCS) has lost 1% YTD, as compared to the 10% rise in the S&P500 over the same period. Further, it is currently trading at $8 per share, which is 33% below its fair value of $12 – Trefis’ estimate for Barclays’ valuation. The bank outperformed the consensus estimates of net profit in the first quarter of 2023. It reported total revenues of $8.79 billion – up 1% y-o-y, driven…

© Reuters. FILE PHOTO: A house under construction in a neighbourhood of Ottawa, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/ By Fergal Smith and Steve Scherer TORONTO (Reuters) – Canada’s residential construction activity has slowed in recent months due to a tight labor market and higher borrowing costs, a factor that could thwart government plans to reduce a housing shortfall and add to the recovery in home prices. That would be bad news for the Bank of Canada as it seeks to lower inflation but also a problem for Prime Minister Justin Trudeau who has vowed to improve housing affordability.…

© Reuters NIO Inc. (NIO) reports May delivery results: Sales dip, new models set to drive future growth On Thursday, Nio Inc (NYSE:), a leading Chinese manufacturer of high-end smart electric vehicles, revealed its delivery figures for May 2023, reporting a total of 6,155 vehicles delivered. Results were down 7.55% from April, which was off 35.9% from March. Nio began delivering the new ES6 on May 24. So the model won’t make much of an impact on sales for the full month, but it could drive growth in June and the second half of 2023. However, the automaker has started…

Source / Sam Cooling x ETHAfter more than a month of consolidatory ranging, Ethereum (ETH) price remains steadfast in a tightly fought range.Currently trading at $1,858 (a 24 hour change of -0.79%), Ether appears to have once again been rejected by a tough ceiling of resistance at $1,925.Now in a minor -3.60% retracement move, markets are on edge as ETH heads for a retest of support at the tricky MA20.Ethereum (ETH) Technical Analysis: Consolidation Continues…TradingView / ETH USDTIndeed, the MA20 has formed a critical moving average since April – suppressing upside price moves for over 35 days.A breakthrough moment last…

A federal judge in Texas has temporarily blocked President Biden’s new regulations on pistols with stabilizing braces in response to a lawsuit from gun rights activists. Judge Drew B. Tipton of the U.S. District Court for the Southern District of Texas on Wednesday granted a preliminary injunction against the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) partially preventing the agency from enforcing its new stabilizing-brace rule. The order came on the deadline before the rule goes into effect in response to a lawsuit filed by Gun Owners of America (GOA), the Gun Owners Foundation and the State of Texas.Tipton’s order…

NRG Energy appoints CFO