Author: Press Room

The Global Payments Company logo seen displayed on a smartphone.Igor Golovniov | LightRocket | Getty ImagesGlobal Payments shares tumbled 17% on Thursday after the company said it’s buying Worldpay for more than $24 billion while simultaneously selling its Issuer Solutions business to Fidelity National Information Services. The company said that in acquiring Worldpay, which FIS had purchased in 2019 before later selling a majority stake, it’s expanding its reach and will be able to serve over 6 million customers across more than 175 countries, enabling $3.7 trillion in annual payment volume. In selling its Issuer Solutions unit to FIS for…

American Express’s affluent cardmembers are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC.Billed business on AmEx cards rose 6% in the period, or 7% when adjusted for the impact of leap year, the company reported Thursday, which shows that the bump in spending late last year continued into 2025, according to Le Caillec.Those trends have continued into April, the CFO said, despite sharp declines in stocks this month amid concerns that President Donald Trump’s tariff policies will cause a recession.The dynamic, which helped AmEx top expectations…

Gaza’s Civil Defense, the local emergency rescue service, reported that an Israeli strike overnight into Thursday in the Mawasi encampment area killed at least a dozen people, including children. The Israeli military did not immediately respond to a request for comment.

EXCLUSIVE: A bipartisan group of lawmakers is joining forces to introduce a bill aimed at strengthening veteran suicide prevention programs.”Too many veterans are dying by suicide every day, and we have to do more to prevent it,” Rep. Greg Landsman, the Ohio Republican leading the effort, told Fox News Digital. “If we focus the VA resources on the most effective programs, we can make a significant impact in reducing these heartbreaking and entirely unacceptable rates of veteran suicide. Our veterans deserve the best care possible.”The comments come as Landsman readies to introduce the “What Works at Preventing Veteran Suicide Act,”…

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Descrease article font size Increase article font size If the Easter Bunny is planning to drop off a wooden bunny toy this year, you might want to check the label first — Health Canada has issued a recall over a lead hazard. Health Canada issued the recall Wednesday, warning consumers to immediately stop using the Wooden Bunny Stacker, a children’s toy sold by Ganz, due to a chemical hazard involving excessive lead levels.The orange silicone disk contains levels of lead in excess of the allowable limit under the Toys Regulations, posing a risk of lead exposure to children, Health Canada…

The S&P 500 and the Nasdaq have risen with focus on US-Japan tariff talks, while a slump in UnitedHealth’s shares following a forecast cut by the insurer weighed on the Dow.After steep losses on Wednesday, investors found some optimism from US President Donald Trump’s comments on “big progress” in trade talks with Japan on the final trading day before the Easter break.Focus will be on negotiation talks with dozens of countries over the coming weeks for more clarity on the size and scope of tariffs on individual nations and sectors.Meanwhile, UnitedHealth plummeted 17.2 per cent after lowering its annual profit…

Serena Williams has cleared the air on her controversial Super Bowl halftime appearance, revealing in an interview this week that her dancing during Kendrick Lamar’s performance was in no way a dig at her ex, Drake. Williams, 43, found herself at the center of controversy after Super Bowl LIX in New Orleans after millions of viewers saw her do the crip walk during Lamar’s performance of “Not Like Us,” a diss track aimed at Lamar’s rival and Williams’ ex, Drake.  Serena Williams dances during halftime of the NFL Super Bowl LIX football game between the Kansas City Chiefs and the Philadelphia Eagles…

Pinch Point looks at how Israel uses water as a strategic aim and a weapon of war.

President Trump took aim at Federal Reserve Chair Jerome Powell on Thursday, writing in a social media post that Powell should be cutting interest rates and adding that his “termination cannot come fast enough.”Mr. Trump’s comments on his social media app, Truth Social, comes after Powell delivered a speech on Wednesday that warned of the potential consequences of the Trump administration’s trade war, while reiterating that the central bank plans to hold interest rates steady for now. The Fed has put the brakes on interest rate cuts this year due to sticky inflation, which has remained higher than its target growth…