• Reuters

    UPDATE 1-First Citizens beats profit estimates, says SVB business stabilized

    First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and reaped the benefits of its acquisition of failed Silicon Valley Bank (SVB) last year. The Raleigh, North Carolina-based lender has been boosted by its buyout of SVB, which collapsed last year. SVB's failure triggered the biggest banking crisis in 15 years and prompted government rescue efforts.

  • Reuters

    UPDATE 1-US Supreme Court weighs Trump's bid for immunity from prosecution

    The U.S. Supreme Court on Thursday confronts a major test of the power of the presidency in arguments over Donald Trump's bid for immunity from prosecution for his efforts to overturn his 2020 election defeat. The justices at 10 a.m. EDT (1400 GMT) will hear Trump's appeal after lower courts rejected his request to be shielded from four election-related criminal charges on the grounds that he was serving as president when he took the actions that led to the indictment obtained by Special Counsel Jack Smith. Trump, the Republican candidate challenging Democratic President Joe Biden in the Nov. 5 election, is the first former U.S. president to be criminally prosecuted.

  • The Yodel

    Supreme Court weighs Idaho abortion case on emergency care, Trump allies indicted in Arizona and a big 'Masked Singer' reveal

    The stories you need to start your day: Idaho’s abortion case, a ‘Masked Singer’ reveal and more in today’s edition of The Yodel newsletter.