Wedbush Securities Equity Analyst Dan Ives joins Yahoo Finance’s Seana Smith and Dan Roberts to preview Tesla and Apple earnings, and discuss what's to come for the carmaker and tech giant.
President Joe Biden believes that a major Rafah operation by Israel will not advance the country's objective of defeating the Hamas Palestinian militant group in Gaza, the White House said on Thursday. "Smashing into Rafah, in his view, will not advance that objective," spokesman John Kirby said in a briefing with reporters. Kirby said Hamas had been pressured significantly by Israel and that there were better ways now to go after what remains of the group's leadership than an operation with significant risk to civilians.
Contractors curious about an extension cord on the roof of a Michigan grocery store made a startling discovery: A 34-year-old woman was living inside the business sign, with enough space for a computer, printer and coffee maker, police said. “She was homeless,” Officer Brennon Warren of the Midland Police Department said Thursday. The woman, whose name was not released, told police she had a job elsewhere but had been living inside the Family Fare sign for roughly a year, Warren said.
Spain's second-largest bank BBVA on Thursday announced a hostile takeover bid for smaller rival Banco Sabadell but the government vowed to block the move, which would create a European giant in the sector.A takeover would create a banking powerhouse capable of competing with Santander -- Spain's leading bank -- as well as with European giants such as HSBC and BNP Paribas.
Highway safety regulators said they don't believe Ford is properly fixing a fuel injector problem plaguing both SUVs.
U.S. mortgage rates fell this week for the first time in more than a month amid signs of slowing economic activity, but remain too high to provide a significant boost to the housing market. The average rate on the popular 30-year fixed-rate mortgage was down to 7.09% as of May 9, from 7.22% last week, ending five straight weekly increases, mortgage finance agency Freddie Mac said in a statement on Thursday. The decline in mortgage rates coincides with a drop in the 10-year Treasury yield following recent data showing a moderation economic and job growth.
Ascension Health, the nation's largest chain of Catholic hospitals, said Thursday it was responding to a cyberattack that was disrupting its operations.
A senior Vietnamese official with the country’s labor ministry was arrested for "deliberately disclosing state secrets,” police announced on Thursday, a development that analysts say could hurt Vietnam’s efforts to obtain more favorable trade terms for exports to the United States. There were no further details about lawyer Nguyen Van Binh's arrest — beyond the announcement on the website of the police in the capital of Hanoi — but rights activists allege he was detained because he supported the idea of independent trade unions, banned under the Communist government. Binh who headed the Legal Affairs Department at the Ministry of Labor, Invalids and Social Affairs, could face between two and 15 years in prison for disclosing state secrets under the law in this single-party, authoritarian state.
Teams raced against the clock Thursday to deliver aid to flood-stricken communities in southern Brazil before the arrival of new storms forecast to batter the region again.Help arrived from outside Brazil as well.
A Boeing passenger plane came off the runway during takeoff from Dakar international airport early Thursday, injuring 11 people and shutting the hub for hours, its operator said.Eleven people were injured, four of them seriously.
A US container ship loaded with aid for Gaza left Cyprus Thursday in a new test of a maritime corridor to get relief into the besieged Palestinian territory, authorities said.The US-flagged MV Sagamore left the port of Larnaca after being loaded with aid from Britain, Cyprus and the United States, Cyprus government spokesperson Yiannis Antoniou told the official CNA news agency.
California could soon deploy generative artificial intelligence tools to help reduce traffic jams, make roads safer and provide tax guidance, among other things, under new agreements announced Thursday as part of Gov. Gavin Newsom’s efforts to harness the power of new technologies for public services. The state is partnering with five companies to create generative AI tools using technologies developed by tech giants such as Microsoft-backed OpenAI and Google-backed Anthropic that would ultimately help the state provide better services to the public, administration officials said. “It is a very good sign that a lot of these companies are putting their focus on using GenAI for governmental service delivery," said Amy Tong, secretary of government operations for California.
Miss Teen USA announced she’s stepping down Wednesday, two days after Miss USA said she is resigning and relinquishing her crown.
A state commission that investigates ethical violations in New York was created unconstitutionally, an appeals court said Thursday in a ruling that could strip the watchdog agency of its enforcement powers. The ruling stems from a lawsuit filed by former Gov. Andrew Cuomo, who is fighting an attempt by the state Commission on Ethics and Lobbying in Government to force him to forfeit $5 million he got for writing a book about his administration’s efforts during the COVID-19 pandemic. Cuomo argues the commission lacks authority under the state constitution to prosecute him.
Venezuela is open to paying its $10 billion debt to China, lawmaker Nicolas Maduro Guerra, son of President Nicolas Maduro, told Reuters in an interview on Thursday. Venezuela's relationship with China is "foolproof and weatherproof," Maduro Guerra said, adding that Chinese companies are open to investing in the South American country. Maduro Guerra's father is running for re-election in voting scheduled for July, amid complaints that opposition politicians are treated unfairly, prompting the U.S. to reimpose sanctions on the OPEC nation's oil industry.
Under current law, a migrant who arrives at the border is allowed to continue with the process even if they have a criminal background.
German sports carmaker Porsche on Thursday confirmed it had recalled several thousand of its electric Taycan model because of risks their batteries could catch fire.Some 858 Taycans were initially identified as being at risk and recalled in January, but after further checks the company determined that further vehicles could also be affected.
The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home shoppers already facing the challenges of rising housing prices and a shortage of homes for sale. The rate fell to 7.09% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers, limiting how much homebuyers can afford.
Hamas on Thursday called for an end to airdrops of aid after two Palestinians were killed in northern Gaza when a aid pallet crashed into a warehouse after its parachute failed to open.The latest fatalities take to at least 21 the number of people killed when airdrops of aid have gone disastrously wrong, according to the Hamas authorities.
An outside review released on Tuesday found the agency needed to adopt sweeping changes to fix workplace culture and address harassment, racial discrimination and other longstanding problems, citing accounts from more than 500 people, mostly current staff. Republican lawmakers since November have angrily called for FDIC Chair Martin Gruenberg to resign in the wake of the Wall Street Journal expose which prompted the investigation, conducted by the law firm Cleary Gottlieb Steen & Hamilton.
Since Russia launched its invasion of Ukraine, the military parade has been downsized — this year’s featured only one tank as front-line priorities take precedence.
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