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Barry Winker Churchill Downs Incorporated (Nasdaq: CHDNAn announced 150,335 Derby fans will attend Churchill Downs Racecourse for the Kentucky Derby on Saturday. The company also reported a record level of betting from all sources,…

When it comes to artificial intelligence, business advice that has proven reliable before often seems less important. Consider OpenAI. Founded in 2015, the artificial intelligence project behind ChatGPT and GPT-4 is already appreciated…

After the second largest banking failure in history, the US Securities and Exchange Commission (SEC) is reportedly investigating First Republic bank executives for allegedly engaging in insider trading. Two sources alleged that the…

PacWest Bancorp led a rebound across US regional banking stocks after a week of losses, amid signs some of the selling has been overdone. PacWest shares rose as much as 96% in US trading Friday, their biggest intraday gain ever, amid…

breadcrumb links PMN Business Article author: Reuters Chris Prentice and Trevor Honeycutt Posted May 4, 2023 • 2 minutes to read Article content NEW YORK -- U.S. federal and state officials are…

The major US bank in the US opened lower led by declines in regional banks. The KRE ETF is trading down $1.22, or -3.17%. PacWest Bancorp shares were trading down -$2.67, or -41.59%. Stocks have been discontinued for volatility…

Backwest Banking Crisis Fears - Morgan Lieberman/BloombergPacWest shares fell as much as 60 percent in after-hours trading in New York amid talks to bail out the US regional bank.The bank has instructed boutique investment banker Piper…

Backwest said potential partners and investors have reached out to her and she has been reviewing strategic options as the California swing lender becomes the latest midsize US bank to seek a financial lifeline amid the worst…

Taught from a young age to work hard and think for herself, media professional Natalie Brunel is dedicated to sharing Bitcoin with the world.Often, when you hear about the American Dream, you think…

The California-based lender disclosed on Monday that customers withdrew more than $100 billion in deposits from the First Republic last month amid broader turmoil in the banking industry, sending its shares down as much as 20…