How the Swiss Trinity Forced Ubs to Save Credit Suisse
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UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial Times - Business -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - World -
UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.CNBC - Business -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
How do you save the pint from climate change?
Researchers are identifying genes in the hop plant to produce varieties that will be more resilient to climate change.BBC News - Top stories - Climate -
Here's how much credit card debt Americans have by age—and which generation owes the most
Collectively, Americans owe over $1 trillion on their credit cards. However, when you break down the numbers by age, one generation owes far more than the rest.CNBC - Business -
How the Visa-Mastercard swipe-fee settlement could affect your credit-card rewards
The landmark agreement will limit the fees that businesses pay to accept credit cards — but customers aren’t likely to see savings.MarketWatch - Business -
An 'often overlooked' retirement savings option can lower your tax bill, advisor says. Here's how it works
There's still time to lower your 2023 tax bill or boost your refund with a spousal IRA for married couples. Here's who qualifies.CNBC - Business -
How can we save British nightlife from collapse? Look to Germany – and its football | Gilles Peterson
Small venues are the heart of our musical culture. Here’s my two-pronged plan to keep that heart beating. Grassroots venues are the foundation upon which the mighty British music industry has been built, fuelling the phenomenal level of talent ...The Guardian - World -
UBS to sell $8bn of loans to Apollo
Deal follows move by Swiss bank to renegotiate terms of original sale of a business owned by Credit SuisseFinancial Times - Business -
Inside the elite Swiss school for hotel managers
As befits a country that runs like clockwork, a university-level institution is coaching students in the exacting standards of high-end hospitalityFinancial Times - World -
UBS, Apollo Complete Securitization Unit Deal
UBS and Apollo Global Management have finalized a deal to offload Credit Suisse’s former securitized products business, as the Swiss bank continues its integration after the takeover.The Wall Street Journal - Business -
UBS Pays CEO Sergio Ermotti $15.6 Million
The bank hailed his “excellent performance in a defining year” for Switzerland’s largest bank by assets. Ermotti was recruited last April to serve as CEO for a second time.The Wall Street Journal - World -
This is how reporters documented 1,000 deaths after police force that isn't supposed to be fatal
The federal government has struggled for years to track deaths that happened after police used force like physical restraints and Tasers that isn’t supposed to be lethalABC News - Health -
Swiss find Lebanon’s biggest bank guilty of serious money laundering breaches
Finma uncovers millions of francs in unexplained payments by Banque Audi to senior political figuresFinancial Times - Business -
Rail route of the month: cheese, chocolate and a magical ride to the Swiss town of Gruyères
The scenery – and delicacies – get better and better for our slow travel expert as she takes a local train through Canton Fribourg to a beautiful medieval village. It was a handpainted sign on a wooden barn that piqued my interest in Gruyères. I ...The Guardian - World -
UBS Pays CEO Sergio Ermotti $15.6 Million for Answering 'Call of Duty'
UBS gave Chief Executive Sergio Ermotti a $13.6 million bonus, hailing his “excellent performance in a defining year” for Switzerland’s largest bank by assets.The Wall Street Journal - World -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
The Fallout From the Credit Card Swipe Fee Fight
A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.The New York Times - Business -
I.R.S. Stepping Up Efforts to Squash Fraud in Tax Credit Program
The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.The New York Times - Business -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
Visa, Mastercard agree to lower credit-card fees in landmark merchant settlement
Visa and Mastercard agreed to lower and cap credit-card interchange rates as part of a landmark settlement with U.S. merchants.MarketWatch - Business -
Robinhood’s stock jumps after company launches first credit card
The Robinhood Gold Card is aimed at Robinhood Gold members — a subscription product offering premium services for a fee — and has no annual fee or transaction fees, but comes with a 3% cash back on all categories.MarketWatch - Business -
3 ways to pay off $30,000 in credit card debt
That amount of card debt can be overwhelming, but there are ways to pay it off. Here are a few to consider.CBS News - Top stories -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World -
Carbon Credits Draw Fresh Attention Under SEC's New Climate Rules
Several private-equity firms have entered the carbon-credit market, seeing opportunity in the demand for high-quality credits as new pollution-disclosure rules are expected to bring more transparency to the sector.The Wall Street Journal - World - Climate -
Biden, Fighting for Credit and Raising Cash, Gets Help From Clinton and Obama
A fund-raiser on Thursday intends to raise $25 million to help re-elect the president, who has amassed a roster of achievements, but whose approval ratings are the lowest of the three.The New York Times - Top stories - Joe Biden -
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.The Wall Street Journal - World -
UBS sends a wake-up call to take profits on an outperforming stock. We're heeding it
We had not taken profits in this outperforming stock since last summer. A Wall Street downgrade Wednesday served as a wake-up call to do so.CNBC - Business -
Brazil's Indigenous people turn to EU to save their savanna
Yahoo News - World - European Union -
Saving Seals From a Sea of Plastic and Marine Garbage
Ocean Conservation Namibia is disentangling a record number of seals, while broadcasting the perils of marine debris in a largely feel good way.The New York Times - Top stories -
Free vapes could 'save thousands of lives', report says
Trial finds group offered vape kits and referred for support were 76% more likely to give up smoking.BBC News - Top stories -
Democrats’ Plan to Save the Republican House Speaker
Speaker Mike Johnson has faced fury from ultraconservatives after a bipartisan spending bill.The New York Times - Top stories - House -
Elie Hassenfeld Q&A: ‘$5,000 to Save a Life Is a Bargain’
Here’s Elie Hassenfeld, your high school EA crush. As effective altruism spirals into self-doubt, the idealist quant is still at it, helping Silicon Valley richies give away hundreds of millions each year.Wired - Tech -
Palia Cross-Play And Cross-Saves Explained
Palia is finally available to play on Steam, which marks the whimsical MMO's highly anticipated arrival on yet another platform. If you've already downloaded Singularity Six's cozy game elsewhere, whether that be directly through Palia's own ...GameSpot - Tech -
Life-Saving ECPR v CPR: What to Know
A new approach to reviving victims of cardiac arrest has a higher rate of success than conventional CPR.The New York Times - World -
Sketchy Politics: can anything save Sunak?
The FT's chief UK political commentator Robert Shrimsley and deputy opinion editor Miranda Green look ahead to the local elections, and examine Labour's 'Ming vase' strategyFinancial Times - Business -
Force Congress to Decide on Presidential Immunity
It shouldn’t be up to a rogue state or local prosecutor running for office.The Wall Street Journal - World -
EVs Are a Forced March to the Grid's Collapse
Dear auto executives: Just say no.The Wall Street Journal - World -
U.S. Consumer Watchdog Turns Focus to Credit Card Rewards, Buy-Now-Pay-Later Companies
The Consumer Financial Protection Bureau, acting on increased complaints, will examine rewards market and deferred payment programs.Inc. - Business