Author: Press Room

Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024. Jeenah Moon | Bloomberg | Getty ImagesBank of America is scheduled to report first-quarter earnings before the opening bell Tuesday.Here’s what Wall Street expects:Earnings: 82 cents per share, according to LSEGRevenue: $26.99 billion, according to LSEGProvision for loan losses: $1.58 billion, per StreetAccountTrading Revenue: Fixed income of $3.46 billion, Equities of $2.12 billionBank of America shares have sold off in recent weeks on concern that President Donald Trump’s tariff policies could cause a recession.The company’s stock has fallen…

After deporting foreign passport holders to notorious Central American prison, president hints US citizens could follow.The United States hopes to start deporting criminals that hold US passports to El Salvador, President Donald Trump has said. Trump told reporters as he welcomed El Salvador’s President Nayib Bukele to the White House on Monday that he would like to send violent “homegrown criminals” to be imprisoned under a deal with the Central American country’s government. The comments came amid ongoing controversy over the wrongful deportation of a migrant to El Salvador’s notorious CECOT prison. Trump said he would only go through with…

Who are the 238 Venezuelans deported by the Trump administration without due process to El Salvador’s maximum-security Terrorism Confinement Center? Julie Turkewitz, a bureau chief for The New York Times, explains what her team’s investigation reveals about the deportees, their criminal records and how they were selected for deportation.

At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing homes to have more medical staff on duty.At the Mine Safety and Health Administration, powerful lobbying groups have asked the administration to eliminate a rule to protect miners from inhaling the dust of crystalline silica, a mineral that is used in concrete, smartphones and cat litter but that can be lethal in the lungs.And at the Federal Communications Commission, which regulates radio and television broadcasting and satellite communications, President Trump’s appointees published a seemingly exuberant notice asking for suggestions on…

More than 35 million trips were made using Ontario’s fare integration program during its first year, according to data from the provincial government. In February last year, the Ford government launched its OneFare plan and promised to eliminate the barriers for commuters switching between transit systems in and around Toronto.Commuters changing from services like the TTC to MiWay or York Region transit used to pay a new fare for each municipal boundary they crossed — or when they switched to the GO train and bus network.The new plan did away with the second fares, charging customers a single fare and…

A teenager was left with serious injuries following a crash between two motorised bicycles and a car in South Fremantle last Thursday.WA police said the two bikes and a Ford F250 were involved in a collision on Marine Terrace at the intersection of Capo D’Orlando Drive about 6.10am on April 10.“A 15-year-old male rider was conveyed to hospital to receive medical treatment for serious injuries sustained,” police said.The 48-year-old male driver was uninjured, and the second 15-year-old rider suffered minor injuries that did not require treatment.Major crash Investigators are investigating the incident and asking the public to contact Crime Stoppers…

MANILA: Five underwater drones found by Philippine fishermen were capable of gathering information that could aid in “underwater warfare”, the country’s military said on Tuesday (Apr 15), noting at least one had relayed a signal to China. The revelation follows months of confrontations between the Philippines and China in the disputed South China Sea and comes as Manila prepares for large-scale military exercises with treaty ally the United States this month. The drones were discovered between 2022 and 2024 in locations “important strategically in the defence and the security not only of the country but for international maritime navigation”, Philippine military…

In SummaryIn 2025, African countries are expected to see a 13% decrease in external debt service payments, dropping to $88.71 billion.The average public debt-to-GDP ratio for Africa is projected to decrease to 64.3%. While this indicates some easing of the debt burden, achieving fiscal sustainability remains challenging.Approximately 20 low-income countries in Africa are either in or at risk of debt distress.Deep Dive!!In 2025, several African nations have taken significant steps toward restructuring their sovereign debts to enhance economic stability and foster growth. Although significant debt issues persist in the continent, Africa is expected to see a decrease in its debt…

Auvers-sur-Oise, a village near Paris famed as an artist’s paradise, is also where Vincent Van Gogh spent his final days and it has long drawn tourists to walk in the tortured painter’s last footsteps. But ever since art experts identified his final work before he took his life, there has been strife in the town. Van Gogh’s final painting was disputed for decades, because he didn’t date his works. But in 2020 experts concluded that gnarled tree roots protruding from a hillside in Auvers, as depicted in his “Tree Roots,” was made on the day he died. This finding may…

Political violence is spiraling out of control.I don’t care which party you identify with. I don’t care if you like or dislike Donald Trump. This has been building for years, and perhaps we’ve become as inured to it as we have with most mass shootings.The most prominent example, of course, is the two assassination attempts against the president. On the shooting in Butler, Pa. that grazed his ear, Trump would not have survived if he hadn’t been turning his head to point to a chart. The second attempt was foiled by the Secret Service.More than 60 years after the death…