Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds

Banks with commercial real estate exposure have struggled after the Federal Reserve hiked interest rates through 2023, leaving them with unrealized losses.

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China Pledges More Stimulus to Shore Up Flagging Economy

At a meeting to set the party’s economic policy agenda, China’s leadership said it would borrow more and cut interest rates in a bid to bolster growth.
The New York Times - 23h
Australia Plans Tech-Platform Charge to Shore Up News Media

Australia plans to implement a new charge on the owners of global tech platforms, attempting to shore up local media outlets months after Facebook cut ties with traditional news providers.
The Wall Street Journal - 1d
Elizabeth Warren, Josh Hawley Co-Sponsor Bill to Break Up Giant Health Care Conglomerates

New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.
The New York Times - 1d
'Pop-up' super PAC raises eyebrows

🔔 Plus: Trump at NYSE {beacon} Business & Economy Business & Economy The Big Story 'Pop-up' super PAC funding raises 'serious red flags' An opaque nonprofit entirely funded a shadowy super PAC ...
The Hill - 15h
Australia's Insignia Financial soars on reports of Bain Capital buyout

Insignia's shares, which hovered around A$3.10 per share throughout the session, soared to A$3.40 in the last 10 minutes of trade settlements, as per LSEG data, propelling the stock to its highest ...
Yahoo Sports - 1d
Syrian rebels name new PM as outside powers move to shore up interests

Israel plans to create ‘sterile defensive zone’ inside southern border, and Turkey bombs Kurdish targets in north Syria. Syria’s leading rebel group has named a new prime minister to head the ...
The Guardian - 2d
Bain Capital-Backed Kioxia Sets Offering Price for $800 Million IPO

The Japanese chip maker produces NAND flash-memory chips used in smartphones, computer servers and other devices.
The Wall Street Journal - 4d
10 years and $42 million later, Jersey Shore town ends battle over its eroding beaches

NORTH WILDWOOD, N.J. (AP) — A New Jersey resort community that has lived in fear of being wiped out by the next big storm voted Tuesday to end a decadelong battle with the state over the condition ...
Yahoo Sports - Dec. 3
Hegseth starts to branch out to shore up Pentagon bid

Politico - Dec. 3

Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds

Topics

Related

China Pledges More Stimulus to Shore Up Flagging Economy

Australia Plans Tech-Platform Charge to Shore Up News Media

Elizabeth Warren, Josh Hawley Co-Sponsor Bill to Break Up Giant Health Care Conglomerates

'Pop-up' super PAC raises eyebrows

Australia's Insignia Financial soars on reports of Bain Capital buyout

Syrian rebels name new PM as outside powers move to shore up interests

Bain Capital-Backed Kioxia Sets Offering Price for $800 Million IPO

10 years and $42 million later, Jersey Shore town ends battle over its eroding beaches

Hegseth starts to branch out to shore up Pentagon bid

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