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ReutersMorning Bid: Tesla catches break, Meta next; TikTok countdown
Ailing Tesla shares caught a rare 10% break overnight despite the electric auto giant's quarterly revenue miss, underscoring a better market mood as Meta steps up to the earnings dock later and U.S. business activity cools in April. Deep in a global price war and hit by waning worldwide demand for electric vehicles, Tesla said its quarterly revenue fell for the first time since 2020 and by more than Wall St analysts had forecast.
- Reuters
Analysis-NYCB faces tough choices on CRE loans, balance sheet diversification
New York Community Bancorp will have to lure buyers for its commercial real estate (CRE) loans with steep discounts and diversify its revenue as it races to shore up its finances. The bank's new management has promised to unveil a turnaround plan this month after losses on CRE loans, NYCB's core business, sparked a rout that wiped nearly $6 billion off its market value and sparked ratings downgrades. A $1 billion investment led by former U.S. Treasury Secretary Steven Mnuchin's Liberty Strategic Capital has shored up the bank for the short-term, but it still needs to bolster its capital and shrink its exposure to the CRE sector, which has been hammered by higher interest rates.
- Reuters
US Supreme Court weighs Idaho's strict abortion ban in medical emergencies
The U.S. Supreme Court on Wednesday wades back into the battle over abortion access in arguments pitting Idaho's strict Republican-backed abortion ban against a federal law that ensures that patients can receive emergency care. The justices are set to hear arguments in an appeal by Idaho officials after a lower court ruled that the 1986 U.S. law at issue, the Emergency Medical Treatment and Labor Act (EMTALA), takes precedence over the state's near-total ban. President Joe Biden's administration has urged the justices to uphold that ruling.
- Yahoo Finance
The corporate conversation around AI is changing: Morning Brief
We're finally into the "show me" portion of the AI narrative, and Coca-Cola and Microsoft's new deal might be a glimpse of what the near-term future will be like for AI.
- The Guardian
All That Glitters by Orlando Whitfield review – from Banksy to banged up
The exhilarating story of an art fraudster’s downfall, by his former friend and partner
- BBC
World Snooker Championship 2024: Order of play, BBC TV coverage, match schedule, full results and highest break
Order of play, BBC TV coverage details, match schedule, results and prize money for the World Snooker Championship in Sheffield.
- The State
The energy bill racing through the SC legislature will harm small rural communities like mine | Opinion
This controversial energy bill would subject rural Canadys to decades more of pollution | Opinion
- Lexington Herald-Leader
Former UK swim coach says he dated his young accusers. If so, was that ethical?
Lars Jorgensen’s defense in a sexual assault lawsuit raises fresh questions and would violate UK code of conduct.
- BANG Showbiz
'I was getting to live out every girl's fantasy': Drew Barrymore shares unexpected antics from a night with Jordan Knight
Drew Barrymore spent the "most chaste" evening of her life with New Kids on the Block singer Jordan Knight at the height of his fame.
- BANG Showbiz
Ryan Reynolds hints at Wrexham ace Ollie Palmer making cameo in Deadpool and Wolverine
Ryan Reynolds has teased that Wrexham striker Ollie Palmer will make a cameo appearance in his upcoming movie 'Deadpool and Wolverine'.
- Idaho Statesman
Idaho Statesman launches Edition — an interactive news product designed for digital
Edition will be available beginning Wednesday, April 24.
- BANG Showbiz
Jimmie Allen left suicidal by sexual abuse lawsuit
Jimmie Allen considered suicide after he was accused of sexual assault as he felt his life insurance payments would benefit his family.
- People
Antonia Gentry on Being a 'Curly Girl' and Embracing Her Textured Hair: 'Part of the Representation' (Exclusive)
The 'Ginny & Georgia' partnered with Aveda for its Be Curly Advanced line, helping others to love their own hair
- Idaho Statesman
You shouldn’t drive in reverse down a main road. But is it actually illegal in Idaho?
Ever wondered how far you could go in reverse without crashing? Would you get pulled over if you tried? Here’s what Idaho law says.
- Raleigh News and Observer
Hurricanes winger Jake Guentzel leaves Penguins’ ‘Sid’ for Canes’ ‘Fishy,’ forms new bond
Jake Guentzel, who helped win the Stanley Cup in Pittsburgh with Sidney Crosby, now is playing alongside Canes center Sebastian Aho, pursuing another Cup.
- BANG Showbiz
Arnold Schwarzenegger and Sylvester Stallone were motivated by rivalry
Arnold Schwarzenegger's rivalry with Sylvester Stallone was "very helpful" to their careers because it gave them both the drive to work harder.
- BANG Showbiz
Al Pacino and Dan Stevens to star in exorcism horror The Ritual
Al Pacino and Dan Stevens are to play a pair of troubled priests in the exorcism horror movie 'The Ritual'.
- BANG Showbiz
Crew members injured following accident on The Pickup set
A number of crew members have been injured following an accident on the set of Eddie Murphy's new movie, 'The Pickup'.
- Idaho Statesman
U.S. Supreme Court hears arguments on Idaho abortion law this week. How did we get here?
Numerous lawsuits have been filed since Idaho abortion laws went into effect nearly two years ago. Here’s how this one, between the U.S. Department of Justice and the state, made it to the court of last resort.
- The State
‘I knew that was the end:’ SC man survives vicious alligator attack in river. Here’s how
A South Carolina man recently survived a brutal attack by an alligator while scuba diving. Here’s how he made it out alive.