Credit Suisse Bondholders in Uproar over $17bn Debt Wipeout
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Why now is a great time to consider debt relief
A debt relief service may be able to help you deal with mounting debt. Here's why now is a great time to sign up.CBS News - Top stories -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is "not in a condition to be closed."Los Angeles Times - Entertainment -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
Bishop investigated over misleading accounts claim
Bishop Anne Dyer, who was suspended in 2022 over allegations of bullying, denies the new claims.BBC News - Top stories -
Business groups sue FTC over noncompete ban
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY view The Big Story Business groups sue to block FTC's noncompete ban The Federal Trade Commission's (FTC) decision to ban noncompete agreements is being met with ...The Hill - Politics -
Donaldson in court over rape and sex-offence charges
The ex-DUP leader faces 11 charges and his wife faces four charges connected with aiding and abetting.BBC News - Top stories -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
FTC votes to ban noncompete clauses that bar employees from working for competitors
The FTC claims that noncompete agreements limit wage growth and increase prices for consumers.CNBC - Business -
Supreme Court to weigh Trump immunity claim over 2020 election prosecution
The outcome of the immunity case before the Supreme Court will have significant ramifications for former President Donald Trump's federal criminal prosecution in Washington, D.C.CBS News - Politics - Donald Trump -
Divided Supreme Court wrestles with dispute over Idaho abortion ban
The Supreme Court heard arguments in a case that pits Idaho's near-total abortion ban against a federal law that requires hospitals to offer emergency care.CBS News - Politics - Abortion -
Texans reached "compromise" with NFL, Titans over use of Oilers-style blue
Last year, the NFL forced the University of Houston to ditch alternate uniforms that included Houston Oilers-style Columbia Blue.Yahoo Sports - Sports - NFL -
Jeff Bezos isn't a fan of 'time blocking'—here's what he does instead to boost his productivity
Jeff Bezos doesn't time block or stick to a strict schedule to be successful and productive. Instead, he allots however much time he needs for mind wandering.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Robert Kraft Withdraws Support From Columbia Over Protests
The New England Patriots owner said this week that he was “no longer comfortable supporting” Columbia University, his alma mater, which has been disrupted by protests.The New York Times - Business -
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.The Wall Street Journal - World -
Anti-doping body faces calls for review over Chinese swimmers
UK agency combating drugs in sport adds to pressure ahead of Paris Olympics over 2020 positive testsFinancial Times - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
'Invest in these women': WNBA champion A'ja Wilson hopes Caitlin Clark's popularity helps the league grow
The five-time All-Star and two-time WNBA champion hopes to see the excitement around Clark help grow the league.CNBC - Business - WNBA -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.CNBC - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
Nootbaar, Gibson spark Cardinals to 5-1 victory over Diamondbacks
Lars Nootbaar drove in two runs and Kyle Gibson pitched six effective innings, lifting the St. Louis Cardinals to a 5-1 victory over the Arizona Diamondbacks in the finale of three-game seriesABC News - Sports - MLB -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
Fernandes rescues Manchester United in frantic win over Sheffield United
With 81 minutes gone Bruno Fernandes collected a Kobbie Mainoo pass and with a swish of his left foot fired a laser past Wes Foderingham and Manchester United were 3-2 ahead. The question now was could they, at last, hang on to a lead.. This was ...The Guardian - World - Premier League -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Protesters arrested amid crackdown on pro-Palestine student rallies across US campuses
At least 34 arrested at University of Texas in Austin and 50 more detained at University of Southern California while House speaker jeered at Columbia University. Dozens of protesters were arrested on Wednesday while participating in pro-Palestine ...The Guardian - World -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
United Methodist Church grapples with deep divides over LGBTQ issues
Leaders of the United Methodist Church meet to determine its future over LGBTQ issues and dwindling membership.NBC News - Top stories -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Evening Report — Protests rock college campuses over Israel-Hamas war
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © Greg Nash / The Hill Protests rock college campuses over Israel-Hamas war Pro-Palestinian protests have roiled college campuses across the U.S. this ...The Hill - Politics - Israel -
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business -
Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.CNBC - Business -
Nasdaq Futures Fall as Meta Slides
Stock futures fell, with the Nasdaq-100 posting the biggest losses as Meta dragged down the wider tech sector.The Wall Street Journal - World - Meta -
Supreme Court appears divided over Idaho emergency abortion case
The Supreme Court heard oral arguments Wednesday over an Idaho abortion law that could have an impact on emergency room care in that state and beyond. CBS News legal correspondent Jan Crawford unpacks the proceedings.CBS News - Top stories - Abortion