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Credit Suisse sees net profit rise 23 percent in 1st quarter, boosted by stock markets

FRANKFURT, Germany – Swiss bank Credit Suisse Group AG says net profit rose 23 percent to 1.054 billion Swiss francs ($1.13 billion) in the first quarter compared with a year ago. CEO Brady Dougan said Tuesday that earnings were boosted by stronger results at the bank’s wealth management division and …

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Bloodless Bullfights Come to California

COALINGA, Calif. – Bullfighting (search)might be more common in Madrid or Lisbon, but under a canopy of oak trees in Coalinga, Calif., Dennis Borba makes his stand. Borba is the lone American matador in theFiesta Brava (search), a Portuguese tradition of bloodless bullfighting, now held in the United States. “To …

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In the wake of halving of oil prices, BP sees Q1 profit drop by 26 percent $2.6 billion

LONDON – BP says first-quarter profit fell 26 percent in the wake of the sharp drop in oil prices. The company says Tuesday that net income for the quarter was $2.6 billion, compared with $3.5 billion in the same period last year. BP says the company is “rebalancing” its business …

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