Author: Press Room

Bank of America, the nation’s second-largest lender, beat on the top and bottom lines during the first quarter, bolstered by equities sales and trading.Here’s what the firm reported:Earnings per share: $1.11 per share vs. $1.01 LSEG estimateRevenue: $30.43 billion vs. $29.93 billion estimateThe bank said Wednesday that net income rose 17% to $8.6 billion, or $1.11 per share, Bank of America’s highest EPS in almost two decades.Revenue climbed 7.2% to $30.43 billion on rising net interest income, higher trading revenue, and fees from investment banking and asset management. Equities trading contributed to the beat, as the geopolitical environment roiled stock…

A former union boss confronted a senior public servant after phone calls about safety complaints were not immediately answered, an inquiry has been told.

SEOUL: South Korean President Lee Jae Myung will visit India and Vietnam for several days starting this week, a senior official said on Thursday (Apr 16), as Seoul seeks to coordinate its fuel supplies to cushion the impact of the Middle East war.Lee will leave on Sunday for a three-day trip to India, where he will meet Prime Minister Narendra Modi in New Delhi, National Security Adviser Wi Sung-lac told reporters.The two leaders “are expected to reaffirm their mutual commitment to maintaining close coordination regarding energy supply chains amidst the turbulent international landscape”, Wi said.They will also discuss “continuing constructive…

Srinagar, Indian-administered Kashmir — The gold earrings were a gift from her father on her birthday just months earlier. But on March 21, as South Asia marked Eid‑ul‑Fitr, Masrat Mukhtar handed them over to an aid collection effort to help civilians in Iran trying to survive the US-Israel war on the country.She was one of many in Indian-administered Kashmir who paused their customary rituals and celebrations on the auspicious day to contribute cash, household items, and personal assets for a people more than 1,000 miles away.Her cousins followed, each bringing items of personal value. Families offered copper utensils, livestock, bicycles, and…

Three people were killed Wednesday in yet another U.S. strike on an alleged drug-carrying boat in the eastern Pacific, the Pentagon reported.U.S. Southern Command, which oversees U.S. military operations in Latin America, said in a social media post that the “lethal kinetic strike” in the eastern Pacific targeted “a vessel operated by Designated Terrorist Organizations,” killing “three male narco-terrorists.”An unclassified video of the strike was included with the post.On Tuesday, a similar U.S. strike against an alleged drug boat in the eastern Pacific killed four people, while a strike Monday killed two people, SOUTHCOM said.  Two strikes Saturday on two…

NEWYou can now listen to Fox News articles! Two people were taken into custody on Wednesday after a shooting that killed a 15-year-old and wounded two others in what police described as a gang-related shooting at Eisenhower Park on Long Island in New York.The shooting occurred around 8:20 p.m. near Hempstead Turnpike and Merrick Avenue, the Nassau County Police Department said.Nassau County Police Commissioner Patrick Ryder told reporters that gang members saw an invitation on social media for a barbecue at the park, according to CBS New York.MAN CHARGED IN FATAL SHOOTING OF US MARINE IN NORTH CAROLINA HAD CRIMINAL…

NEWYou can now listen to Fox News articles! New Jersey Gov. Mikie Sherrill spoke about reports NJ Transit tickets from MetLife Stadium to New York Penn Station will cost over $100 on World Cup game days.In a video posted to social media, Sherrill, who took office in January, wanted to tell those attending “exactly where things stand” amid the “recent headlines about transportation costs for World Cup games in New Jersey.””Our administration inherited an agreement where FIFA is providing $0 for transportation to the World Cup — zero. That leaves New Jersey Transit with a $48 million bill to safely…

Australians are going to be poorer, face potentially higher interest rates and greater fuel costs, a top RBA staffer has warned.In a grim update to the Institute of International Finance in Washington on Thursday morning, RBA deputy governor Andrew Hauser conceded there is little the central bank can do over the short term to impact inflation.Camera IconAustralians will likely be poorer due to the war in the Middle East. NewsWire / Nicholas Eagar Credit: NewsWireHe said it was important to quash inflation expectations to stop a repeat of the 1970s, when an oil shock led to surging inflation, while also…

A BLOW TO AIRLINESSurging domestic airfares are also expected to weigh directly on Indonesia’s tourism sector, said tourism expert Azril Azahari from Gadjah Mada University.According to Azril, domestic destinations are becoming less price-competitive compared with overseas options, pushing travellers to consider more affordable trips abroad.“Flying to Singapore can be cheaper than travelling to Raja Ampat, Komodo Island or even Bali,” he said.Azril added that if no steps are taken to restore ticket prices to competitive levels, Indonesia’s tourism appeal could continue to erode amid growing regional competition.Jennifer echoed the view that international routes can sometimes be cheaper. She noted that…

Published On 16 Apr 202616 Apr 2026Al Horford connected on four 3-pointers ‌in the final 5:37 of a Western Conference play-in game, lifting the 10th-place Golden ⁠State Warriors to ⁠a 126-121 win over the ninth-place Los Angeles Clippers on Wednesday in Inglewood, California.Golden State advances to a sudden-death matchup against the Suns in Phoenix on Friday to ⁠determine the West’s No 8 seed and the Oklahoma City Thunder’s first-round playoff opponent. The loss ends the Clippers’ season.Recommended Stories list of 4 itemsend of listHorford’s late-game hot streak was part of a game-ending, 27-13 Golden ⁠State run. Stephen Curry punctuated a…