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Banks closed more than 100 branches in three weeks as closure bloodbath continues in 2025 somewhat bearish
USB WFC PNC FULT HUN BAC JPM
Summary: Major US banks have closed over 100 locations in just three weeks, with warnings that more closures are expected in 2025. Despite the trend towards online banking, many Americans still prefer in-person banking services, leading to concerns about the increasing number of physical branch closures.
Full articleAmidst US closures, Disney store debuts in Southeast Asia somewhat bullish
DIS
Summary: Disney Store has opened its first location in Southeast Asia at the SM Mall of Asia in the Philippines, offering a wide range of Disney products and immersive experiences for visitors.
Full articleRisk of Customer Information Exposure for Thousands of Oracle NetSuite Sites - CIO News somewhat bearish
ORCL MSFT
Summary: Cybersecurity researchers have discovered hundreds of Oracle NetSuite e-commerce sites with external-facing pages that may expose confidential customer data. Additionally, a method for tricking Microsoft Entra ID's credential validation procedure has been revealed by Cymulate.
Full articleUS G-Sibs' SLR exposures top record for second consecutive quarter - Risk.net somewhat bearish
XLF
Summary: US systemic lenders' leverage exposures hit an all-time high of $17.87 trillion by end of June, showing a 2.6% increase since the beginning of the year.
Full articleCharter Extends Hosting and Managed Services Agreement with Amdocs - WebDisclosure somewhat bullish
DOX
Summary: Amdocs extends and expands hosting and managed services agreement with Charter Communications, Inc. for Spectrum Mobile, supporting its growth and enabling innovative offerings.
Full articleConcrete blocks to reinforce closure of Shotesham Ford - Norwich Evening News neutral
NCC
Summary: The River Tas crossing at Mill Lane remains closed following a fatal accident. Concrete blocks and signage are being installed to reinforce the closure while Norfolk County Council conducts a feasibility study and awaits the outcome of an inquest into the incident.
Full articleBriefs: U.S. Bank closure, Pepper Sisters hiatus, investor startup pitch competition somewhat bearish
USB
Summary: U.S. Bank is closing its drive-up branch in Bellingham at 40 Meridian
Full articleWhistleblower claims to have nearly died because of illegal chemical exposure from Apple somewhat bearish
AAPL
Summary: Whistleblower accuses Apple of exposing her to illegal chemicals from a secret chip fabrication plant and dumping toxic waste into her apartment windows, leading to a nearly fatal exposure in 2020. EPA report reveals 19 potential violations by Apple, including improper tracking of hazardous waste.
Full articleHess facing three lawsuits over disclosure deficiencies in Chevron deal (NYSE:HES) somewhat bearish
HES CVX
Summary: Hess is facing three lawsuits seeking to delay or block its proposed sale to Chevron due to alleged inadequate disclosures. Hess is voluntarily supplementing its proxy statement to address these claims. Shareholders are scheduled to vote on the Chevron takeover on May 28.
Full articleHess Facing Three Lawsuits Over Disclosures in Chevron Deal neutral
HES CVX
Summary: Hess is facing lawsuits alleging inadequate disclosures over its proposed sale to Chevron, despite the company stating that the allegations are without merit and voluntarily supplementing the proxy statement.
Full articleHess facing three lawsuits over disclosures in Chevron deal - Yahoo Finance somewhat bearish
HES CVX
Summary: Hess facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron, which has stalled the $53 billion deal. Allegations considered without merit but company voluntarily supplementing proxy statement to avoid delays. Several Hess stockholders also sent demand letters alleging deficiencies.
Full articleHess facing three lawsuits over disclosures in Chevron deal - MarketScreener somewhat bearish
HES CVX XOM
Summary: Hess is facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron, which is currently stalled due to a conflict with Exxon Mobil and pending regulatory approval. Hess shareholders are set to vote on the $53 billion deal on May 28.
Full article