Friday, March 29
JPMorgan Chase profit misses targets as war, inflation and supply chain issues cause it to boost reserves
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JPMorgan Chase profit misses targets as war, inflation and supply chain issues cause it to boost reserves

JPMorgan Chase & Co. said Wednesday its first-quarter net income fell below Wall Street’s target as the megabank boosted reserves to brace for inflation and the war in Ukraine amid a sharp drop in deal activity. JPMorgan Chase JPM, -1.10% shares fell 1% in premarket trades. As the first component of the Dow Jones Industrial Average DJIA, -0.26% to weigh in with first-quarter results, the bank said the economy remains strong but challenges loom on the horizon. JPMorgan JPM, -1.10% said its first-quarter earnings fell to $8.28 billion, or $2.63 a share, from $14.3 billion, or $4.50 a share, in the year-ago quarter. The drop was driven by a net credit reserve build of $902 million...
The footprint of Leonardo da Vinci lands in Badajoz
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The footprint of Leonardo da Vinci lands in Badajoz

Models of Leonardo da Vinci. / TODAYThe Plaza de Puerta Pilar, in Badajoz, hosts from this Thursday, April 14 to May 13, the exhibition 'Leonardo da Vinci. Observe. Question. Experiment'. This is an exhibition that brings the footprint of the 'Renaissance man' closer to the viewer from an innovative perspective. The exhibition, which is organized by 'la Caixa' in collaboration with the Badajoz City Council, takes place in two spaces: inside, an audiovisual show connects Leonardo's thought with our daily lives; Outside, four large models faithfully reproduce some of Leonardo's most modern and prescient ideas. The mayor of Badajoz, Ignacio Grajera; the Councilor for Culture, Paloma Morcillo; the commercial director of CaixaBank in Extremadura, Ignacio Corcho; the territorial d...
Steam Deck on steroids running top games at 4K and 60 FPS, but it has a catch
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Steam Deck on steroids running top games at 4K and 60 FPS, but it has a catch

It is the console of the moment, after the launch of PS5 and Xbox Series X, the most anticipated by players has begun to reach the general public who reserved it back in 2021. Now we see how the experiments begin. We all knew what was going to happen as soon as the Valve console reached consumers. A console full of ports and connections where the operating system is Linux? The madness of the computer scientists was not going to take long to arrive. Because, deep down, the Steam Deck is not a console, as many people believe, but a laptop with the form factor of the Nintendo Switch. But that does not make it a console, but a very easy to transport PC.And the journalists of the YouTube channel ETA Prime have embarked on this adventure, who decided add some graphics power...
Put Google TV on your old TV with this realme device, and for only 31 euros
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Put Google TV on your old TV with this realme device, and for only 31 euros

In this article, ComputerHoy could receive a commission for your purchases. More information. If you want to give your old TV a new life, there are plenty of options, and one of them is from the Asian firm Realme. If there is a brand that has been going strong in recent years, beyond Xiaomi, it is realme. Also of Asian origin, it is putting many new devices on sale in quite different sectors, practically giving the battle segment by segment. One of its most original devices is the Realme 4K Smart TV Stick, which comes to compete against the new Chromecast with Google TV and also against Amazon's Fire TV Stick 4K, although at a much lower price. Right now, for example, its price is only 31 euros on AliExpress.Shipping is free to Spain and takes approximately 10 days, q...
Green light for the remodeling of the surroundings of the Trujillo bridge in Plasencia
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Green light for the remodeling of the surroundings of the Trujillo bridge in Plasencia

Computer recreation of what the Trujillo environment will look like after the planned action. / TODAYThe Tagus Hydrographic Confederation grants authorization to carry out works with an investment of 558,000 eurosThe Hydrographic Confederation of the Tagus (CHT) has sent this Wednesday to the City Council the authorization to carry out the last action in the surroundings of the Trujillo bridge. Some works that will complete the Eulogio González car park and culminate in the new image of this essential area of ​​the urban fabric of Plasencia. Because the works included in the pending adaptation, as the City Council recalls, will entail "the creation of landscaped areas on the wall and the river, the installation of urban furniture and stands and the adaptation of the river walk", whic...
Everything that’s happened in court
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Everything that’s happened in court

Johnny Depp and Amber Heard's legal battle continues as the divorced movie stars face off in a $50 million (or more) libel trial.The trial began April 11 in Fairfax County, Virginia, outside Washington, DC, with a panel of 11 – seven jurors and four alternates – picked, according to Court TV, which is broadcasting the trial. Depp, 58, is suing Heard, 35, for $50 million, alleging she defamed him in an opinion column published in the Washington Post (which is printed in Fairfax County) in December 2018. In the column, she claimed to be a victim of domestic abuse, a claim she first raised during their corrosive divorce proceeding in 2016 in Los Angeles. Heard never proved she was abused because their divorce was settled out of court in the midst of a median uproar. And the settlement sta...
US sanctions to force Russia to focus on economy
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US sanctions to force Russia to focus on economy

The United States and its allies' newest round of sanctions against Russian President Putin will force him to focus on holding together the Russian economy, taking his focus away from the war, Deputy Treasury Secretary Wally Adeyemo, one of the main US coordinators on the Russian sanctions strategy, said Tuesday.The sanctions will target Russian supply chains that contribute to fueling the war, including “everything from looking at ways to go after the military devices that have been built to use not only in Ukraine but to project power elsewhere,” Adeyemo told the Associated Press.The US and European Union have levied rounds of punishing sanctions against Russia, from targeting Putin's adult daughters to agriculture and oil.The White House said Russia's GDP could contract up to 15% thi...
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China’s lockdowns will help cut global oil demand, predicts IEA | Oil

Draconian lockdown measures introduced in China to combat outbreaks of Covid-19 mean global oil demand will not be as high as expected, the International Energy Agency has said, helping cushion the impact of the dwindling supply from Russia.In its monthly report on world oil markets, the IEA said it expected Russia's output to fall by 1.5m barrels per day (bpd) in April, with the decline accelerating to 3m bpd from May, as buyers either voluntarily boycott Kremlin-controlled supplies or hold back because of uncertainty over sanctions.The projection indicates that as much as 3% of global supply could be lost by the middle of spring as a result, given Russia's position as the world's second-largest oil producer. But there was unlikely to be a “sharp deficit” in global oil markets, the IE...
Spike in inflation presents further challenges for the Biden administration
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Spike in inflation presents further challenges for the Biden administration

NPR's A Martinez speaks to Brian Deese, director of the National Economic Council, about inflation's economic and political challenges, and the Biden administration's plans to curb price hikes. A MARTINEZ, HOST: Consumer prices in March jumped by 8.5% from a year ago. That is the highest inflation rate since December of 1981 and presents further economic and political challenges for the Biden administration. The war in Ukraine has led to a spike in global energy prices, and in response, President Biden says the U.S. will be releasing a million barrels of oil per day from U.S. reserves for the next six months. Yesterday, Biden unveiled plans to waive restrictions on a blend of higher ethanol gas, which he says is about 10 cents a gallon cheaper. But ...
Pelicans odds vs. Spurs: Do-or-die game in New Orleans
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Pelicans odds vs. Spurs: Do-or-die game in New Orleans

The Pelicans will take on the San Antonio Spurs in what will hopefully be the first game of the NBA play-in tournament for New Orleans.If the Pels win, they will go on to face the Los Angeles Clippers, who lost to the Timberwolves. But before they can worry about that, the Pelicans will have to take care of business against a Spurs team that has already beaten them three times this season.New Orleans wasn’t at full strength for any of those games, so you can throw them out the window because it all comes down to who wins tonight.Both teams come into this game on small losing streaks but playing well overall, and are back to full strength (minus Zion Williamson of course), so their 5th and final matchup of the season could be their best.Stopping Dejounte Murray will be the key for the P...