Ex-Barclays boss Staley loses bid to overturn UK ban over Epstein ties
LONDON — The former chief executive of Barclays Bank, Jes Staley, lost a legal challenge Thursday against a 2023 decision by Britain's financial regulator to ban him from holding senior financial roles in the United Kingdom for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein.
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Washington Post
29 minutes ago
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Double-decker bus carrying students plunges into river in England in 'terrifying' crash
LONDON — A double-decker bus carrying high school students plunged into a river in southern England on Thursday, sending the driver and four teens to the hospital and leaving more than a dozen others with minor injures, officials said. The bus was bound for Barton Peveril Sixth Form College, a school for 16- to 18-year-olds, when it went off a road in Eastleigh and plunged into the River Itchen. The cause of the crash was being investigated by police and the bus company. 'It must have been terrifying,' said Inspector Andy Tester of the Hampshire Constabulary. All 19 passengers on board were either able to get off the bus or were rescued, police said. The bus driver and one student had serious injuries but were expected to survive. Police said there was no indication as to why the bus veered off the road. But a woman who said she heard a screeching sound and saw the crash said the driver told her he couldn't stop. 'I heard some noise, I looked out of the window and he just came careening into the river,' Kelly West said. 'It felt very fast and obviously he just went straight through the barriers and into the river.' West rushed to the scene and found the driver trapped and panicking. She reassured him that help was on the way. 'He said the brakes failed and the accelerator was jammed and that he was trying to avoid cars,' West said. The bus was sitting upright in the river, next to a bridge, water up to its axels. Its front windows were smashed and mud was splattered on its side. A large section of bridge railing was missing. West said she helped some of the shaken students get off the bus and to her garden. About 14 students were treated at the scene by paramedics, the South Central Ambulance Service said. Two helicopters, five ambulances and fire crews responded to the crash. The Bluestar Bus said it did not immediately know the circumstances of the crash.
Yahoo
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Barclays Lifts Capital One (COF) Target to $253 After Discover Financial Services Acquisition
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Yahoo
an hour ago
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Shake Shack Stock Continues Climb, With Assist From Bullish Analysts
Shake Shack shares have gained traction in recent days and are now up nearly 6% so far this year. The upswing comes as Barclays and Oppenheimer published bullish notes on the fast-casual burger chain. Shake Shack's new leadership and plans to open more restaurants look promising, analysts Shack (SHAK) shares are on the rise. The stock had been negative for the year until a 3.5% gain last Friday, the day after the Juneteenth holiday. Shares were about 2.5% higher at $137.25 in recent trading after getting a boost from a pair of analyst notes, and now are up nearly 6% in 2025. Barclays increased its price target for Shake Shack shares to $166 Thursday, a day after Oppenheimer raised its to $160. Their price targets are the two highest of 13 analysts who cover Shake Shack and are tracked by Visible Alpha. The average price target of that group is just under $125. Shake Shack's plans to add more locations and new corporate leadership stood out to both Barclays and Oppenheimer analysts. (One relatively recent hire, Chief Communications Officer Luke DeRouen, is leading an initiative to create a tagline for the fast-casual concept.) "With new leadership comes new ideas and operating efficiencies, while still in outsized growth mode," Barclays wrote in note on high-growth, high-valuation restaurants. Oppenheimer said the stock had been outperforming peers in recent weeks. Since early April, "SHAK is +77% (vs. S&P's +22%), representing best performance among growth peers over [the] same time-frame (+14% average)," analysts said. Bank of America also bumped up its price target for Shake Shack shares this week, to $134 from $112. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
