Posts by Liam Redmond
Michigan mom fired for taking leave to care for dying daughter who was battling breast cancer: lawsuit
A grieving mother claimed she was fired from the Detroit bank she worked at for 30 years while on Family Medical Leave to take care of her dying daughter who was battling breast cancer. Terri Estepp, a former longtime employee of Huntington Bank, used up the majority of her vacation days and paid time off…
Read MoreInvestors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the capital management plans of the Singapore banks, which are expected to post yet another resilient set of results for the fourth quarter of 2024, analysts said. The local banking trio are due…
Read MoreCredit Agricole reports 27% Q4 profit jump, aided by Amundi and trading
CREDIT Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday (Feb 5) with a 27 per cent jump in profit, driven by insurance and asset management even as gains in its investment banking business lagged rivals. The lender is the latest to benefit from soaring demand from clients wanting to trade in…
Read MoreFBI provides the Trump Justice Department with details about 5,000 employees who worked Jan. 6 cases: reports
The FBI complied with an order from President Trump’s Justice Department on Tuesday and provided DOJ officials with information about more than 5,000 employees who worked on investigations related to the Jan. 6, 2021, riot at the US Capitol, according to multiple reports. The demand, made by acting Deputy Attorney General Emil Bove last week,…
Read MoreKuok Maritime-led group launches electric supply boat as industry prepares for 2030 green target
[BATAM] An alliance of companies led by Kuok Maritime Group (KMG) on Wednesday (Feb 5) launched an electric supply boat and started construction on an electric tug – both among the first and largest electric harbour craft designed to operate in local waters. Their unveiling comes as Singapore aims for all-new harbour craft to be…
Read MoreThailand to roll out next phase of handout scheme in Q2, plans more stimulus
So far about 17.5 million people have received payments since it started last September THAILAND’S government will implement the third phase of its 450 billion baht (S$18 billion) stimulus scheme in the second quarter of 2025, and will also discuss more measures later this month, a deputy finance minister said on Wednesday (Feb 5). The…
Read MorePhilippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held steady at 2.9 per cent in January, staying within its target range. The increase in the consumer price index (CPI) matched the previous month’s rate, but it was higher than the 2.7…
Read MoreToyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out any potential US tariffs. The world’s top-selling automaker raised its profit forecast for the current year through March 2025 to 4.7 trillion yen (S$41.5 billion) versus 4.3 trillion yen expected…
Read MoreSt. John’s winning with style that’s throwback to what defined Big East: ‘Incredible violence’
The only thing that could have made all of this better is if somehow, for one night, the great John F.X. Condon could’ve been transported back to his old seat, courtside, behind the public-address microphone at Madison Square Garden. “Welcome to Madison Square Garden, the world’s most famous arena!” is what he would’ve led with,…
Read MoreMavericks offering season ticket holders refunds after shock Luka Doncic trade
Social media has been buzzing about a reported refund that the Mavericks have offered fans who canceled their season tickets after the team traded away superstar Luka Doncic in a shocking three-team deal with the Lakers and Jazz. Mavericks fans have responded with anger, and some have canceled their season plans, leading the team to…
Read MoreJustin Baldoni claims Blake Lively blew ‘It Ends With Us’ budget by $430k on wardrobe demands: lawsuit
More accusations are coming out in Justin Baldoni and Blake Lively’s “It Ends With Us” legal war. In explosive legal documents located on Baldoni’s new website and filed in court, the movie’s director (Baldoni), 41, claims its leading lady (Lively), 37, “often” refused to go to fittings and demanded her character Lily Bloom’s outfits be…
Read MoreCoinbase urges US regulators to clear path for banks to offer crypto services
The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrencies COINBASE Global on Tuesday (Feb 4)renewed its call for US banking regulators to clarify or revise their position on banks offering cryptocurrency services as well as potentially doing tie-ups with companies in the digital…
Read More