Credit Suisse Shares Rally after $54bn Lifeline from Swiss Central Bank
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A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
Shares of Paramount Global were trading higher following a report that Sony’s movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.MarketWatch - Business -
Josh Allen shares what he texted Stefon Diggs after Bills traded the star wide receiver to Texans
Allen opened up about his former teammateCBS Sports - Sports - NFL -
Netflix's Subscriber Numbers Soar After its Password Sharing Crackdown. But What Next?
The password crackdown may have annoyed many subscribers last year, but it's helping to usher Netflix into its comfortable middle-age years as a market juggernaut.Inc. - Business - Netflix -
Where to Hang Out in the Swiss Watch World
After hours, employees of some of the best-known brands in the Vallée de Joux gather at local bars and restaurants, where everyone feels like family.The New York Times - Lifestyle -
Israeli missile hits Iran, US officials say
Blasts are heard in central Isfahan province, though it was not immediately clear what was hit.BBC News - Top stories - Israel -
The House appears poised to pass a $95 billion foreign-aid and weapons package Saturday after Democrats rallied behind Republican House Speaker Mike Johnson to clear a major hurdle for the measure to help Ukraine withstand Russia's invasion and help rearm Israel in its hostilities with Iran.
The House appears poised to pass a $95 billion foreign-aid and weapons package Saturday after Democrats rallied behind Republican House Speaker Mike Johnson to clear a major hurdle for the measure to help Ukraine withstand Russia’s invasion and ...The Wall Street Journal - World - Ukraine -
Vitesse Arnhem relegated from Eredivisie after 18-point deduction
Dutch club relegated in wake of Guardian and TBIJ investigationDocuments appeared to show financial ties to AbramovichThe Dutch football association has deducted 18 points from Vitesse Arnhem, officially confirming the club’s relegation, in the ...The Guardian - World -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
Apple removes WhatsApp and Threads from China store after order from government: WSJ
The removal from the app store means Chinese mobile users are unable to download and use it via VPNs, which allow users to get around the country’s firewalls.MarketWatch - Business - China -
Attack blamed on IS militants kills 22 pro-government fighters in central Syria
An opposition war monitor and a pro-government media outlet say an attack on pro-government fighters by suspected members of the Islamic State group in central Syria killed 22 pro-government fightersABC News - World -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Jaden Rashada announces transfer from Arizona State, 1 year after landing there in wake of Florida NIL fiasco
Jaden Rashada's college career has been a wild ride so far.Yahoo Sports - Sports - Florida -
Ilhan Omar's daughter says she was suspended from college after pro-Palestinian protest at Columbia
Rep. Ilhan Omar's daughter says she was one of three students suspended from Barnard College following a pro-Palestinian protest at Columbia University on Thursday.CBS News - Politics -
Apple pulls WhatsApp and Threads from China app store after Beijing order
Apple said on Friday it had removed Meta Platforms’ WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.NBC News - Top stories - China -
Devin Haney vs. Ryan Garcia preview, prediction: What to expect after wild buildup
When Devin Haney and Ryan Garcia finally end their feud with fists Saturday night, it has the potential to either be a one-sided beatdown or a surprisingly compelling matchup.Yahoo Sports - Sports -
Colts' tight end removed from Commissioner's Exempt List after domestic violence charges dropped
Ogletree was on the Commissioner's Exempt List for over three monthsCBS Sports - Sports -
Duke to return 3 players from last season's roster after 7th player enters transfer portal
We're about to see what Jon Scheyer is capable of.Yahoo Sports - Sports -
Georgians rally against ‘foreign influence’ law they say is modelled on Putin regime
Protests and parliamentary scuffles raise alarm about government’s attempts to clamp down on civil societyFinancial Times - World -
AMC’s stock resumes rally, registers highest close since March
Shares of the movie-theater chain and original meme stock have climbed three of the past four daysMarketWatch - Business -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Aubrey Kingsbury credits Washington Spirit owner Michele Kang's 'leadership' and 'vision' for team's success
The Spirit host NJ/NY Gotham on Saturday on CBS in an NWSL showdownCBS Sports - Sports -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
LA Kings rally late, finish 3rd in the Pacific Division with a 5-4 overtime victory over Chicago
The Los Angeles Kings earned a playoff rematch with Edmonton by jumping into third place in the Pacific Division with a 5-4 overtime victory against the Chicago BlackhawksABC News - Sports -
Montreal scores twice in final minutes and rallies to beat Minnesota 4-3 in PWHL
Kristin O’Neill scored twice, and Montreal rallied to beat Minnesota 4-3 on Thursday night in the Professional Women’s Hockey LeagueABC News - Sports -
Who Doesn’t Want to Be a Traitor?
Reality stars and other people with some degree of fame are making no secret of their hopes to join the next cast of the hit show “The Traitors.”The New York Times - Lifestyle -
Family 'appalled' officer shared dead body pictures
Photos of Paul Wells, who was stabbed to death by his neighbour, were shared by former PC Lewis Wood.BBC News - Top stories -
Shares of Walmart-Backed Ibotta Soar on Public Debut
The digital marketing and pricing promotions company ended its first day of trading with a market value of over $3 billion, joining a growing list of tech IPOs.Inc. - Business -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Video of officials signing bilateral agreement falsely shared as 'Indonesia paying off debts to China'
Yahoo News - World -
Trump Media CEO Asks Nasdaq to Help Enforce Short-Selling Rules
Shares of Truth Social’s parent are up about 10% premarket, setting up another volatile session. Trump Media’s CEO asked for helping in preventing illegal naked short selling.The Wall Street Journal - World - Donald Trump