In Client Call Svb S New Ceo Urges Clients to Bring Funds Back to the Bank
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EQT First-Quarter Assets Under Management Rose While Investments, Fund Exits Slid
The Swedish private-equity firm’s fee-generating assets under management were up 11% on the year, while investment by its funds fell by a fifth and gross fund exits dropped by half.The Wall Street Journal - World -
Regulators are investigating Morgan Stanley in connection with how it vets clients who are at risk of laundering money through the bank's wealth-management division.
Regulators are investigating Morgan Stanley in connection with how it vets clients who are at risk of laundering money through the bank’s wealth-management division.The Wall Street Journal - World -
The CEO of chip designer Arm said AI's "insatiable" power requirements were unsustainable and called on a new research-funding program to pursue solutions.
The CEO of chip designer Arm said AI’s “insatiable” power requirements were unsustainable and called on a new research-funding program to pursue solutions.The Wall Street Journal - World -
Scott Boras loses Jordan Montgomery as client after super-agent's disaster offseason
Boras reportedly demanded at least $170 million for Montgomery. The pitcher ended up getting $25 million.Yahoo Sports - Sports -
Jackie Robinson Day, the Chicago White Sox are really bad, Scott Boras loses a client
Jake Mintz & Jordan Shusterman discuss Jackie Robinson Day and why it can be a complicated day for the league, they recap all the games from the weekend and if the end is in sight for super agent Scott Boras after a rough offseason.Yahoo Sports - Sports -
New NFL rule opens door for Eagles to bring back black helmets
The NFL will allow all teams to have a third helmet in 2025, which should open the door for the Eagles to bring back their black helmets.Yahoo Sports - Sports - NFL -
NPR Editor Resigns After Publicly Criticizing Coverage, Calls New CEO 'Divisive'
An NPR editor’s critical essay and subsequent resignation are the latest signs of a management challenge that several major newsrooms are dealing with: staffers who go public with concerns about their own employer.The Wall Street Journal - Business -
Jabil Places CEO Kenneth S. Wilson on Paid Leave Pending Investigation
The electronics contract manufacturer said the conduct in question doesn’t relate to or affect the its financial statements. The company named CFO Michael Dastoor as interim CEO.The Wall Street Journal - World -
Jabil Places CEO Kenneth S. Wilson on Paid Leave Pending Investigation
The electronics contract manufacturer said the conduct in question doesn’t relate to or affect the its financial statements. The company named CFO Michael Dastoor as interim CEO.The Wall Street Journal - Business -
A24's fictional 'Civil War' film brings a divided America to life
Alex Garland’s "Civil War," which debuts Friday, is set in a dystopian near-future version of a divided U.S.NBC News - Top stories -
Juice up your S&P 500 fund for higher returns
What you add to the S&P 500 can spice up your results, for higher returns and possibly lower risksMarketWatch - Business -
AstraZeneca shareholders urged to oppose pay plan for CEO Soriot
Shareholder advisory groups say potential £18.7mn payout is excessiveFinancial Times - Business -
CEO's wife convinced him to keep his college side hustle going—now the company brings in $200 million a year
In 2010, with Insomnia Cookies struggling to turn a profit, CEO Seth Berkowitz got fed up and called his wife to vent. Here's the pep talk she gave him.CNBC - Business -
Banks Strike Back Against Private Credit
Wall Street banks are gaining back ground against nonbank lenders.The Wall Street Journal - World -
Development funds dash for donor cash at World Bank and IMF meetings
Money to assist with debt repayment, climate resilience and poverty reduction strained amid wars and electionsFinancial Times - World -
Planet Fitness Taps Colleen Keating as New CEO
The fitness center franchiser and operator said Keating succeeds Craig Benson, who was serving as chief executive on an interim basis.The Wall Street Journal - World -
Planet Fitness Taps Colleen Keating as New CEO
The fitness center franchiser and operator said Keating succeeds Craig Benson, who was serving as chief executive on an interim basis.The Wall Street Journal - Business -
Blizzard renews agreement with NetEase to bring games back to China
Blizzard Entertainment announced that its games will return to China this summer thanks to a renewal of its publishing agreement with NetEase Games.VentureBeat - Tech - China -
‘No one dared’: some in Gaza back Iran’s attack as Israel continues strikes
Hamas says Tehran’s actions ‘a natural right and a deserved response’ in statement supporting drone and missile assault. Middle East crisis – live updatesIsrael has kept up its military strikes in the Gaza Strip after Iran’s overnight attacks, ...The Guardian - World - Israel -
Aussies determined to find or bring back the extinct Tasmanian tiger
Searchers across Tasmania have spent years looking for the extinct Tasmanian tiger while scientists work to try and revive the species.CBS News - Top stories - Golf -
Hedge funds and commodities traders urged to hold more liquid assets
Financial Stability Board highlights need for capacity to meet margin calls in case of market shocksFinancial Times - Business -
House Freedom Caucus pushes back on Baltimore bridge funding
Maryland officials went to Capitol Hill on Tuesday to lobby for more funding to rebuild Baltimore's Key Bridge. CBS News congressional correspondent Nikole Killion explains what's standing in the way.CBS News - Top stories -
FirstFT: US backs funding Ukraine from Russian assets
Also in today’s newsletter, millennial inequality and is time running out for Benjamin Netanyahu?Financial Times - World - Ukraine -
WeWork races to raise cash as Neumann offers to outbid rivals
Co-working group is seeking hundreds of millions of dollars to exit bankruptcy without a saleFinancial Times - Business -
Hipgnosis agrees $1.4bn sale to Concord Chorus
Struggling music rights business strikes deal with US rivalFinancial Times - Business -
World Bank and IMF Warning: U.S. Growth Brings Global Boost, but Watch Inflation
Rising prices here could derailworldwide prosperity prospects, economic experts say ahead of seasonal meetings.Inc. - Business -
Biden calls congressional leaders, urges them to pass aid to allies
President Biden held a phone call with the top four congressional leaders on Sunday and stressed the “urgent need” for the House to pass the national security supplemental, as Speaker Mike Johnson (R-La.) faces mounting pressure to bring the ...The Hill - Politics - Joe Biden -
Rep. Ro Khanna calls on RFK Jr.'s running mate to step down
In his letter, Khanna argued that polling suggests that in swing states, Kennedy could tilt the November election in former President Donald Trump's favor.CBS News - Politics -
Swiss government backs tougher rules for banks, causing UBS shares to drop
Switzerland’s government’s put forward plans to curb banker’s bonuses, strengthen the country’s financial regulator, and increase capital requirements for banksMarketWatch - Business -
New NPR CEO responds to editor's claims it 'lost America's trust'
National Public Radio's (NPR)'s new CEO denounced claims from a senior editor that the outlet has "lost America's trust," calling the comments made in an op-ed "disrespectful" and "hurtful." Katherine Maher explained in a message to employees ...The Hill - Politics -
Planet Fitness shares fall as company announces new CEO
Planet Fitness has appointed a new CEO effective June 10 after a monthslong search for new leadership.CNBC - Business -
Sum 41's 'energy and attitude' inspires new bands
Frontman Deryck Whibley tells BBC Newsbeat it's "really cool" to still influence bands after decades.BBC News - Top stories -
US’s most endangered rivers are in New Mexico: Report
The rivers of New Mexico are the most threatened waterways in the country, according to a recently released report by advocacy group American Rivers. The report ranks the Top 10 most endangered waterways in the United States, noting that ...The Hill - Politics -
Duolingo’s stock jumps 6% on news it is joining S&P MidCap 400
Duolingo Inc.’s stock popped 6% in extended trading Wednesday following news it is joining the S&P MidCap 400.MarketWatch - Business -
New Nintendo Switch Online Releases Bring Two Japanese Exclusives To The US
Three Super Nintendo games are coming to Nintendo Switch Online, including two titles previously only available in Japan.. First up is Wrecking Crew '98, a Japanese exclusive remake of the NES puzzle classic. Up to two players control Mario and ...GameSpot - Tech -
Biden backs Johnson plan for Ukraine, Israel; calls for vote this week
President Biden on Wednesday came out in support of Speaker Mike Johnson’s (R-La.) proposal for three separate bills providing U.S. aid to Ukraine, Israel and the Indo-Pacific, urging passage of the bills this week. “The House must pass the ...The Hill - Politics - Joe Biden -
Netanyahu pushes back on calls for restraint in response to Iran attack
Israeli Prime Minister Benjamin Netanyahu is pushing back on calls from allies to use restraint as he weighs options for a reprisal attack against Iran. CBS News foreign correspondent Debora Patta and BBC News correspondent James Landale report.CBS News - Top stories - Iran -
House speaker won't back change to rule allowing single member to call for ouster
House Rules allow a single member to force a vote on ousting the speaker. Conservatives want to keep it that way.CBS News - Top stories -
City of San Diego streets need nearly $2B to bring them back to industry standard
It’s a sign people around 44th Street and Myrtle Avenue have been waiting to see: road work on their street.Yahoo Sports - Sports -
Paris Hilton backs California bill to bring more transparency to youth treatment facilities
Hotel heiress and media personality Paris Hilton is backing California legislation that aims to bring more transparency to discipline used at facilities for troubled teensABC News - Entertainment - California