Wall Street’s major banks, including JPMorgan and Goldman Sachs, announced significant shareholder payouts after passing relaxed regulatory stress tests, reflecting a less stringent banking environment post-2008 financial crisis. JPMorgan plans a $50 billion share buyback and increases its dividend to $1.50 per share, while Goldman raises its dividend by 33% to $4, marking a shift towards increased capital returns to shareholders.
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Ziad Rahbani, the influential Lebanese composer and musician known for blending Western and Arabic musical styles and critiquing the country's sectarian politics, passed away at 69 after a long illness in Beirut. His work resonated with multiple generations of Lebanese, particularly those affected by the Civil War and its enduring legacy. Want More Context? 🔎
Read moreA police officer in Argentina received over £9,000 in compensation after being photographed naked on his patio by a Google Street View car, which the courts ruled was an invasion of privacy. Although a lower court initially sided with Google, appellate judges determined the image was taken within the officer's home environment, thus undermining his dignity. Want More Context? 🔎
Read moreIn a humorous PR move to recover from the Coldplay concert "kiss cam" scandal, tech startup Astronomer has temporarily hired Gwyneth Paltrow, ex-wife of Coldplay's Chris Martin, as a spokesperson. In a cheeky video, Paltrow sidesteps the scandal involving former CEO Andy Byron and HR executive Kristin Cabot, instead promoting the company's data workflow automation services. Want More Context? 🔎
Read moreA dating safety app called Tea Dating Advice, designed for women to conduct background checks and share "red flag" behaviors, has suffered a data breach, exposing 72,000 images and additional posts from over 59,000 users. The firm, which gained traction for its protective features against scams and catfishing, is now facing scrutiny for privacy concerns and is working with cybersecurity experts to address the situation. Want More Context? 🔎
Read moreBob Geldof has criticized Israeli authorities for denying famine in Gaza, claiming they are "lying" about the starvation crisis, which he attributes to their actions. He described the situation as dire, with reports from Médecins Sans Frontières indicating severe malnutrition among children and pregnant women, while Israeli officials maintain that they do not restrict aid entry into Gaza. Want More Context? 🔎
Read moreIn an April 2023 Vanity Fair cover story, Gisele Bündchen revealed that her son Benjamin faced bullying in Boston due to the pressure of being Tom Brady's son, preferring non-traditional sports like skiing and surfing. She emphasized the importance of allowing her children to follow their own paths while reflecting on co-parenting with Brady and supporting their differing interests. Want More Context? 🔎
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