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Wells Fargo tops Wall Street 1Q targets, earning $5 billion

Published Wed, 05 Mar 2025 03:06:49 GMT

Wells Fargo beat sales and profit targets in the first quarter compared with a year earlier, boosted by higher interest rates. The quarter saw the collapse of two banks that rattled the financial sector and the broader stock market. Wells Fargo participated with other banks in pumping $30 billion in deposits into First Republic Bank in a so far successful effort to prevent a third failure. Wells earned $5 billion, or $1.23 per share, in the three months ended March 31, beating analyst projections by 10 cents a share. Revenue of $20.7 billion topped Wall Street’s target of $20.1 billion. Revenue and profit also came in well ahead of last year’s first quarter, when the San Francisco-based bank posted net earnings of $3.8 billion, or 91 cents per share, on revenue of $17.7 billion.Wells, which until recently was the U.S.’s biggest mortgage lender, set aside $643 million for potential loan losses, specifically commercial real estate loans, credit cards and auto loans.W...

Klopp cites budget constraints amid Bellingham questions

Published Wed, 05 Mar 2025 03:06:49 GMT

LIVERPOOL, England (AP) — If Borussia Dortmund star Jude Bellingham is on the move this summer, it’s becoming clear that Liverpool won’t be the destination.Jurgen Klopp said Friday regarding expensive transfers that sometimes a team must “step aside and do different stuff.”The Liverpool manager was responding to questions about reports the Premier League club has dropped its pursuit of the 19-year-old Bellingham, who could bring a record transfer fee for Dortmund. Manchester City and Real Madrid are among the clubs interested.Klopp said his answer was “not about Jude Bellingham” specifically but that sometimes the price tag is too high.“I never understood why we constantly talk about things we theoretically cannot have,” he said at a news conference ahead of Liverpool’s game at Leeds on Monday.“We cannot have six players in a summer (and) everybody’s 100 million for example,” he said. “You have to realize what you can do and then you have to work with that. How much mone...

Lo que sabemos de Jack Teixeira, el presunto filtrador de documentos clasificados del Pentágono

Published Wed, 05 Mar 2025 03:06:49 GMT

(CNN Español) — Un nuevo escándalo sobre filtración de documentos sacudió a la comunidad de inteligencia en los últimos días por cuenta de la actividad ilícita de un joven de 21 años que trabajaba en una base militar en Massachusetts. El sospechoso fue identificado como Jack Texeira, quien fue arrestado este jueves por las fuerzas de seguridad.Texeira, quien inicialmente fue descrito por The New York Times como un aficionado a los videojuegos que tenía un grupo privado en la plataforma Discord, es sospechoso de filtrar documentos clasificados que pusieron a temblar a la comunidad de inteligencia, tensaron relaciones de Estados Unidos con gobiernos extranjeros y pusieron en peligro la información valiosa sobre la guerra de Rusia en Ucrania.Las publicaciones que se filtraron en redes sociales eran fotos de documentos arrugados colocados encima de revistas y rodeados de otros objetos aleatorios, como bolsas con cierre y pegamento Gorilla. Es como si los hubieran doblado apresurad...

MLS suspende al jugador de los Red Bulls de Nueva York por 6 juegos por usar un insulto racial durante un partido

Published Wed, 05 Mar 2025 03:06:49 GMT

(CNN) — El delantero de los Red Bulls de Nueva York, Dante Vanzeir, fue suspendido por seis partidos de la temporada regular luego de usar un insulto racial durante el partido del sábado en la Major League Soccer (MLS) contra los San Jose Earthquakes, anunció la liga.Vanzeir también será multado por un monto no revelado y deberá participar en “sesiones de capacitación y educación ordenadas por la liga, así como en un programa de prácticas restaurativas”, dijo la MLS en un comunicado este jueves.La liga inició una investigación después de que el alero de los Earthquakes, Jeremy Ebobisse, dijera en una entrevista posterior al partido el sábado que escuchó a un jugador de los Red Bulls hacer un comentario racista durante el partido. Ebobisse no identificó al jugador.Este lunes, Vanzeir se disculpó en un comunicado y dijo: “Acepto toda la responsabilidad por mis acciones”.Vinícius Jr. es víctima de abusos racistas durante los partidos de La Liga en España. ¿Por qué no castigan a n...

Coachella 2023: horarios, artistas y cómo ver en vivo

Published Wed, 05 Mar 2025 03:06:49 GMT

(CNN) — El festival de música y artes Coachella está a solo un día, y la  edición número 22,que se llevará a cabo en la ciudad estadounidense de Indio, California, promete ser una de las más extraordinarias.Durante dos fines de semana consecutivos, el festival recibirá a artistas locales, nacionales y de talla mundial, tanto actuales como de otras generaciones.Los grupos y solistas que encabezarán el Coachella 2023 son el reguetonero Bad Bunny, el grupo de k-pop BLACKPINK, el rapero Frank Ocean y el conocido grupo Blink-182 que acaba de anunciar su asistencia.Bad Bunny y Blackpink lideran la lista de artistas en Coachella 2023Además de ellos, las filas del festival de este año también incluyen a Gorillaz, Rosalía, Blondie, The Chemical Brothers, Charli XCX, Kali Uchis, entre otros.¿Qué días será el Coachella 2023?La edición 22 de Coachella se llevará a cabo dos fines de semana seguidos:Viernes 14, sábado 15 y domingo 16 de abrilViernes 21, sábado 22 y domingo 23 de abrilLos ar...

Wells Fargo: Q1 Earnings Snapshot

Published Wed, 05 Mar 2025 03:06:49 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Wells Fargo & Co. (WFC) on Friday reported first-quarter profit of $4.99 billion.The San Francisco-based bank said it had earnings of $1.23 per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.The biggest U.S. mortgage lender posted revenue of $26.75 billion in the period. Its revenue net of interest expense was $20.73 billion, which also beat Street forecasts. Six analysts surveyed by Zacks expected $20.08 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WFC at https://www.zacks.com/ap/WFCSource

Denver weather: Rain and snow Friday, nicer by Sunday

Published Wed, 05 Mar 2025 03:06:49 GMT

DENVER (KDVR) -- Rain and snow showers are expected throughout the day along the Front Range with cooler temperatures. Winter Weather Advisories are in effect for the foothills and high country until Saturday morning. When could Denver see its final snow of the season? Weather today: Spotty rain and snow showersRain and snow have moved into the mountains and will slide through the Front Range throughout the day. The best place to see accumulations will be at higher elevations where temperatures haven't been in the 80s, like in the metro. Highs today will be cool in the middle 40s.Weather tonight: Light snow lingersTemperatures will dip just below freezing tonight with cloudy skies. Light snow is possible overnight with little to no accumulation in the metro area. Winds will also slow briefly tonight.Looking ahead: End of weekend warmingSnow chances are possible early on Saturday morning with cloudy skies sticking around through the afternoon. Highs Saturday top out in the low 50s ...

Firefighters extinguish yacht blaze in Fort Lauderdale marina

Published Wed, 05 Mar 2025 03:06:49 GMT

A 40-foot yacht caught fire at Safe Harbor Marina, located at 2029 S.W. 20th St. in Fort Lauderdale. Firefighters were called to the scene to combat the blaze.According to reports, the yacht was fully engulfed in flames and video footage showed the aftermath as the charred vessel appeared to have burn marks on the sides.The fire prompted multiple fire units to respond to the scene. Firefighters established a water supply and pulled a line to attack the flames.Despite the chaos, there have been no reports of injuries at this time. The cause of the fire is currently unknown and an investigation is underway.

Celine Dion announces new music amid her health battle

Published Wed, 05 Mar 2025 03:06:49 GMT

(CNN) — After announcing in December that she has a rare neurological disorder that affects her singing, Celine Dion is debuting new music.On Thursday, a post on the singer’s legacy verified Instagram account shared the news that Dion’s single, “Love Again,” is now out.It’s the title track to the forthcoming film of the same name starring Priyanka Chopra Jonas and Sam Heughan.“Mark your calendars, on May 5, the movie hits theatres and on May 12, the full album, featuring 5 new Celine songs, will be available,” the caption on the video reads.The lyric video features scenes from the movie in which Dion makes her film acting debut.She revealed just months ago that she is living with stiff-person syndrome, which affects “something like one in a million people,” Dion said at the time.“While we’re still learning about this rare condition, we now know this is what’s been causing all of th...

FBI arrests 21-year-old Air Force guardsman in Pentagon leak case

Published Wed, 05 Mar 2025 03:06:49 GMT

(CNN) — A member of the Massachusetts Air National Guard was arrested by the FBI on Thursday in connection with the leaking of classified documents that have been posted online, Attorney General Merrick Garland announced Thursday.The arrest of Jack Teixeira, 21, comes following a fast-moving search by the US government for the identity of the leaker who posted classified documents to a social media platform popular with video gamers.Teixeira was arrested in Massachusetts without incident, Garland said, and will be arraigned in federal court there. “This investigation is ongoing. We will share more information at the appropriate time,” the attorney general said, declining to answer questions.Teixeira will first appear in court on Friday in Boston, according to the US attorney’s office there.The FBI said in a statement that it took Teixeira into custody “at a residence in North Dighton, Massachusetts, for his alleged involvement in lea...