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Op-ed: My bank, their bank or our bank
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US Treasury threatens Austria’s Raiffeisen Bank over Russia unit
Bank ditched asset-swap plan connected to oligarch Oleg Deripaska after letter warning of potential secondary sanctionsFinancial Times - Business - Russia -
Soros Fund Management dumps New York Community Bank stake
Soros Fund Management eliminated its stake in New York Community Bank, a regulatory filing shows.MarketWatch - Business - New York -
Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture
The agency’s chair, Martin Gruenberg, has resisted Republicans’ calls to resign, but criticism by his own party raises questions about how long he can hang on.The New York Times - Business -
China’s biggest banks launch first sales of special loss-absorbing debt
TLAC bonds are part of push from international regulators to shore up balance sheetsFinancial Times - Business - China -
Our democracy desperately needs a reset – and, behind the scenes, that’s the plan | Martin Kettle
This is a seismic moment as Westminster prepares for power to pass from one party to another. It will affect everything in some way. The Conservative party’s lurch into collective hyperventilation after 2016 gave Britain five prime ministers in ...The Guardian - World -
Will Russ cook the Broncos in one of our 15 best NFL grudge matches?
From discarded players to discarded coaches, playoff pain to good old regular-season heartbreak, the grudge-match lineup is deep this season.Yahoo Sports - Sports - NFL -
Commentary: 'X-Men '97' challenges us to think about our capacity for tolerance
The "X-Men '97" finale makes us think about whether Professor Xavier or Magneto is right about humanity's capacity for tolerance and acceptance.Los Angeles Times - Entertainment
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Putin tells Xi that Russia-China relations are a 'stabilizing' force for the world
Putin's visit to China comes at the invitation of Xi and will be the Russian leader's first foreign trip since he began his fifth term in office last week.CNBC - Business - China -
Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying
His conglomerate Berkshire Hathaway has acquired nearly 26 million shares of Chubb for a stake worth $6.7 billion.CNBC - Business -
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.CNBC - Business -
China is still an important market even if investors diversify from it now, says Peak XV
China will still be an important market in the years to come, said Peak XV, despite firms diversifying away from the country amid geopolitical concerns.CNBC - Business - China -
Here's the inflation breakdown for April 2024 — in one chart
The consumer price index rose 3.4% in April from a year earlier, marking a decrease from March, according to the Bureau of Labor Statistics.CNBC - Business