JPMorgan Chase & Co. (JPM) – Get report It posted stronger-than-expected second-quarter earnings Tuesday, but said it would suspend its share buyback plans until at least the end of September and set aside more than $ 10 billion to absorb potential losses on bad loans. JPMorgan said net income for …
Read More »UK bans Huawei from 5G network, increasing tensions with China
“American sanctions left the UK with few options,” said Priya Guha, a former British diplomat who represented the country’s interests in Silicon Valley. “There was a little checkmate in the United States” Huawei spent the past few weeks pressing against a ban, emphasizing its investments in Britain. Members of Huawei’s …
Read More »California drops 100,000 failed mailed ballots for presidential primary
LOS ANGELES – California election officials rejected more than 100,000 mail-in ballots during the March presidential primary, according to data obtained by The Associated Press highlighting an obvious gap in the state’s effort to ensure that every vote is counted. With the raging coronavirus pandemic, California is part of a …
Read More »European markets watch coronavirus spike weigh on sentiment
European stocks fell back on Tuesday when a surge in coronavirus cases began to weigh on global market sentiment. The pan-European Stoxx 600 fell 1.1% in the early afternoon, with tech stocks losing 3.1% to lead losses, while telecommunications resisted the trend of adding 1.2%. European markets follow their global …
Read More »Elvis’ grandson girlfriend Benjamin Keough yelled ‘don’t do it’ before suicide
Benjamin Keough’s neighbor said the 27-year-old’s distressed girlfriend screamed “don’t do it” before shooting himself in the chest on Sunday morning. The grandson of icon Elvis Presley was pronounced dead in his $ 1.8 million California mansion after suffering a self-inflicted gunshot wound. In an audio heard by Daily Mail, …
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