Asia S Regulators Say Banking System Is Robust and Stable after Ubs Credit Suisse Takeover Deal
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UBS's Swiss Rivals Hope Credit Suisse Hires Will Win Wealthy Clients
Analysts say there could be room for both UBS and its smaller rivals to grow.The Wall Street Journal - World -
2024’s remarkably, stubbornly stable race — for now
The Biden-Trump contest has been remarkably stable — and remarkably competitive — with what movement there's been coming within the margin of error.NBC News - Top stories -
2024’s remarkably, stubbornly stable race — for now
The Biden-Trump contest has been remarkably stable — and remarkably competitive — with what movement there's been coming within the margin of error.NBC News - Politics -
Don’t overweight the megacap tech giants like Nvidia and Apple, says UBS
UBS cut its rating on what it calls the Big Six — that’s the Magnificent Seven minus struggling Tesla — to neutral from overweight.MarketWatch - Business -
Global banking regulator sounds out investors on suitability of AT1s
Debt instrument has been in spotlight since holders of Credit Suisse additional tier 1 bonds lost $17bn last yearFinancial Times - Business -
Global banking regulator sounds out investors on suitability of AT1s
Debt instrument has been in spotlight since holders of Credit Suisse additional tier 1 bonds lost $17bn last yearFinancial Times - World -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Regulators probe potential use by big banks of nondisclosure agreements to discourage whistleblowers: report
Some of the largest U.S. banks are being asked by the Commodities Futures Trading Commission to provide details about nondisclosure agreements for employees in an effort to protect potential whistleblowers, according to a report by Bloomberg.MarketWatch - Business -
Hipgnosis in takeover tussle as UK music investor says it would accept rival bid
Possible counteroffer by Blackstone could derail agreement with US fund Concord Chorus . The troubled owner of music back catalogues ranging from Beyoncé to Neil Young has said it would accept a takeover offer from Blackstone, after the private ...The Guardian - World - United Kingdom -
Here are the S&P 500 levels to watch if the pullback continues
The S&P 500 may not be over, say these strategistsMarketWatch - Business -
S&P 500 Climbs With Tesla Earnings in the Spotlight
Stocks were making gains after a slew of household names released earnings.The Wall Street Journal - World - Tesla -
Spanish judge freezes a bank account of Piqué's company amid probe into Saudi deal to host Super Cup
A Spanish judge has ordered a bank account of a company run by former Barcelona player Gerard Piqué to be frozen while she investigates suspicions of corruption in the hosting of the Spanish Super Cup in Saudi ArabiaABC News - Sports -
Informatica says it's not for sale, following Salesforce's reported interest in $10 billion deal
Informatica said Monday it was not currently in talks to sell itself, pouring cold water on reports that Salesforce was discussing a roughly $10 billion deal.CNBC - Business -
World Bank suspends Tanzania tourism funding after claims of killings and evictions
Plan to expand Ruaha national park has been beset by allegations of abuse, leading bank to withhold final $50m of $150m budget. The World Bank has suspended financing intended to develop tourism in southern Tanzania after allegations of killings, ...The Guardian - World -
Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
2-year Treasury yield falls to lowest in over a week on signs U.S. economy is losing momentum
Yields on U.S. government debt finished slightly lower on Tuesday after data showed that weaker demand weighed on the pace of expansion in business activity this month.MarketWatch - Business -
‘What are we doing?’: LeBron James unloads on replay system after playoff defeat
Lakers lost Game 2 to the Nuggets 101-99 on Monday nightReplay officials overturned a foul call on Michael Porter JrLeBron James was seething after the Los Angeles Lakers watched a golden opportunity slip away.. His frustration wasn’t so much ...The Guardian - World -
Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.
Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.The Wall Street Journal - World -
EU green deal at ‘very high’ risk of being killed off, says Greens co-leader
Philippe Lamberts warns far-right gains in elections could destroy plan to protect nature and biodiversity. The EU’s green deal to restore biodiversity, clean the continent’s soil, air and water, and mitigate climate breakdown is at high risk of ...The Guardian - World - European Union -
Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say
Caitlin Clark appears to be on the cusp of setting another recordABC News - Sports -
Bitcoin can restore Swiss neutrality, says activist calling on central bank to invest in cryptocurrency
Crypto activist Yves Bennaïm is seeking 100,000 signatures to trigger a referendum that could amend Switzerland’s constitution and force the country’s central bank to invest in bitcoinMarketWatch - Business - Crypto -
AB Foods Eyes Further Profit Growth as Primark Margins Rise
Primark owner AB Foods raised its dividend and said it expects a significant rise in full-year profit after its budget retailer delivered robust margins and higher earnings.The Wall Street Journal - World -
AB Foods Eyes Further Profit Growth as Primark Margins Rise
Primark owner AB Foods raised its dividend and said it expects a significant rise in full-year profit after its budget retailer delivered robust margins and higher earnings.The Wall Street Journal - Business -
The remarkably stable 2024 race: From the Politics Desk
The 2024 presidential race between Joe Biden and Donald Trump has been remarkably stable, NBC News polling shows, despite the drama of the campaign.NBC News - Top stories -
The remarkably stable 2024 race: From the Politics Desk
The 2024 presidential race between Joe Biden and Donald Trump has been remarkably stable, NBC News polling shows, despite the drama of the campaign.NBC News - Politics -
‘Pay Later’ Lenders Have an Issue With Credit Bureaus
Firms like Experian and TransUnion say it is time for “buy now, pay later” loans to appear on consumer credit reports. The lenders aren’t ready to sign on.The New York Times - Business -
‘Pay Later’ Lenders Have an Issue With Credit Bureaus
Firms like Experian and TransUnion say it is time for “buy now, pay later” loans to appear on consumer credit reports. The lenders aren’t ready to sign on.The New York Times - Top stories -
Giorgia Meloni Is Leading the Far-Right Takeover of Europe
Giorgia Meloni is the model for the continent’s far right.The New York Times - Top stories -
Asia’s central bankers struggle to contain strong US dollar
Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbiFinancial Times - World -
Plastic bags from Walmart US recycling tracked to facilities in Southeast Asia
An ABC News investigation tracked plastic bags from Walmart US recycling bins to controversial plastic facilities in Southeast Asia.ABC News - Top stories -
Trump sounds alarm on strong dollar boomeranging over Asia
The power of the dollar over weaker Asian currencies is attracting attention as the prospect of interest rate cuts by the Federal Reserve recedes over the horizon. Former President Trump is the latest voice to weigh in on the economic consequences ...The Hill - Politics - Donald Trump -
Mexico’s AMLO Says Peso Slump ‘Helps’ After Becoming Too Strong
Yahoo News - World -
Suspect arrested after break-in at Los Angeles mayor's home, police say
An intruder smashed a window to break into Los Angeles Mayor Karen Bass' home early Sunday, officials said.NBC News - Top stories -
TikTok says it will fight US ban or forced sale after bill passes
Platform’s future in US in doubt after House approves bill ordering Bytedance to sell stake. TikTok has said it will fight any ban or forced sale of the app’s US operation in the courts, after the House of Representatives passed legislation ...The Guardian - World - Tiktok -
Ilhan Omar's daughter says she's been 'basically evicted' after suspension
The daughter of Rep. Ilhan Omar (D-Minn.) says she was “basically evicted” after she was suspended from Columbia University’s Barnard College on Friday for participating in pro-Palestinian protests on campus. Hundreds of students have occupied ...The Hill - Politics -
Ostrich dies after swallowing zoo staffer's keys, Kansas zoo says
Karen, a "vibrant and beloved ostrich" at the Topeka Zoo, died after swallowing keys she nabbed from a staffer, the zoo announced on Facebook last week.CBS News - Top stories -
Trump hush-money trial: prosecution calls David Pecker as first witness
David Pecker was a key Trump ally who served as the CEO of American Media Inc, the publisher of the National Enquirer. Who are the key players in Donald Trump’s hush-money trial?Prosecutors’ key arguments in criminal caseDonald Trump is walking ...The Guardian - World - Donald Trump -
Cardinal Health’s stock falls after company says contract with OptumRx will not be renewed after June
Drug distributor backs fiscal 2024 profit guidance despite end of contract that generated 16% of its revenue last year.MarketWatch - Business -
AMC stock continues rally as movie-theater chain updates credit strategy
AMC shares are up four of the past five days.MarketWatch - Business -
The WSJ Dollar Index Falls 0.3% to 100.18
The WSJ Dollar Index was down 0.3% to 100.18 — down two of the past three trading days.The Wall Street Journal - World