City Memphis Financial News

SEOUL—China’s panda diplomacy isn’t looking so cuddly all of a sudden. Beijing is accused of mistreating Fu Bao, a recently returned female panda from South Korea. The 4-year-old panda has a following in South Korea akin to a pop star, with merchandise, online fan groups and even birthday billboards.

Toronto-Dominion Bank beat analysts’ estimates on strong performance in its capital-markets division and the company said that a “comprehensive overhaul” of its United States anti-money-laundering program is “well underway.”

The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies an...

People have long been fascinated with how the Egyptian pyramids were built, floating theories from the construction of expansive causeways to extraterrestrial assistance.

FedEx has pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes

Toronto-Dominion Bank is confronting shareholders at a moment when investors and executives alike are clamouring for clarity on potential penalties in a U.S. probe and the future of the firm’s leadership.

Karl Lagerfeld was a mega-collector. Of high-collared white shirts (1,000). Of books (300,000). Of period décor (art deco, Memphis Group, 18th-century European). And of homes — at least 20, in Europe and in New York. «He loved buying, redesigning and decorating houses,» said Sébastien Jondeau, the longtime assistant and bodyguard of the fashion designer, who died in 2019 at age 85. «It was a true passion.» One of those homes, the Bond-villain-like lair on the Quai Voltaire in Paris that was Lagerfeld's last residence — sold at auction at the Chamber of Commerce and Industry of Paris on Tuesday for 10 million euros ($10.8 million). More than 50 attendees gathered for the sale of the 2,800-square-foot apartment, which Lagerfeld shared with Choupette, his beloved blue-eyed Birman cat. Bidding began shortly after 10 a.m. at 5.3 million euros, and quickly turned into a standoff between two parties: one who was off-site and communicating through an auction official in the room via a landline telephone, the other who was represented by a French lawyer seated in the second row and taking instruction on his cellphone.

By Lisa Baertlein and Aishwarya Jain

Toronto-Dominion Bank chief executive Bharat Masrani took a pay cut last year over the lender’s scuttled acquisition of First Horizon Corp. and the United States probe it faces over anti-money-laundering controls.

Justin Timberlake is gearing up for his upcoming album "Everything I Thought It Was". The singer-actor has collaborated with ex-bandmates of NSYNC along with rapper and singer Tobe Nwigwe and Fireboy DML as he revealed the tracklist, according to a report. This will be Timberlake's first solo album in five years. Overall, «Everything I Thought It Was» is Timberlake's sixth studio album, due to be released on March 15.

that its Arkansas distribution center shipped FDA-regulated products to more than 400 Family Dollar stores in Alabama, Missouri, Mississippi, Louisiana, Arkansas, and Tennessee. According to the plea agreement, the company began receiving reports in August 2020 of mouse and pest issues with deliveries to stores.

Succession planning is emerging as a key theme for Canada’s biggest lenders this year, particularly at Toronto-Dominion Bank, according to a new report from Jefferies Financial Group Inc. analysts.

The Conference Board chief economist Dana Peterson says the LEI is great for the goods economy on Making Money.

Dexter Scott King died after battling «prostate cancer», the King Center announced today. He was 62. Dexter Scott King's wife Leah Weber King stated that his husband has passed away 'peacefully' at their California home. Dexter Scott King was the youngest son of late civil rights leader Martin Luther King Jr. and Coretta Scott King.

NBA derby is here as Los Angeles Lakers will take on the Los Angeles Clippers at Crypto.com Arena. LA Lakers versus Clippers NBA game will be played at 9:30 pm (ET) on January 7 on Sunday. The live streaming will be available on fubo TV for free. One can also catch NBA games live on NBA League Pass. Two months after they last met, the Los Angeles Clippers and Los Angeles Lakers will renew acquaintances Sunday in a clash of hallway neighbors that have been headed in opposite directions.

Los Angeles Lakers, led by LeBron James, will play against Memphis Grizzlies in crucial NBA game on Friday. Lakers will play Grizzlies at 10:00 pm (ET) at Crypto.com Arena in Los Angeles, California. Lakers versus Grizzlies game will be live telecast on ESPN. The live streaming will be available on Fubo. There had never been a day in NBA history where five teams all scored at least 140 points. And there had never been a day where the league saw four teams all score at least 130 points in losses. That is, until Wednesday — when both events happened.

snow in the forecast. The weather system responsible for unleashing near hurricane-force winds and nearly a foot of snow, causing blizzard conditions in the Plains, is now moving southward and eastward, according to reports. Northern California faces a marginal risk of excessive rainfall from Friday to Saturday morning, heightening the potential for flash flooding in areas susceptible to rapid runoff during heavy rain.

RBC Wealth Management has added another strong advisor team to its growing portfolio across the country.

NBA in-season tournament will be held on December 7, while its championship will take place on December 9 at T-Mobile Arena in Las Vegas. These games also will be broadcast live nationally. The first semifinal will be on ESPN at 5 p.m. ET while the second game will be held at 9 p.m. ET on TNT. The championship will be at 8:30 p.m. ET and televised on ABC. The teams that fail to make it to the knockout round, will play two additional games on December 6 and December 8 to fill out their 82-game schedule. The teams that lose in the quarterfinals of the knockout round will play one additional regular-season game on December 8.

Actress and activist Marlo Thomas is proud that this year St. Jude Children's Research Hospital's Thanks and Giving campaign celebrates its 20th anniversary and passes the fundraising milestone of $1 billion to support the hospital’s efforts to provide...

Draymond Green, the star forward for the Golden State Warriors, was ejected during Tuesday's In-Season Tournament game against the Minnesota Timberwolves. Green was one among three players ejected for choking Wolves standout Rudy Gobert while defending teammate Klay Thompson. Green was ejected for the 18th time in his 12-year career (regular season and playoffs combined), the most of any active player. Green's ejection on Tuesday, on the other hand, was notably nasty, with many clamoring for a lengthy punishment for the star forward. Many people wondered if it was Green's most violent ejection of his career.