Ubs Agrees to Buy Credit Suisse for More Than $3 Billion
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A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.The Wall Street Journal - World -
Biden Weighs More Than $1 Billion in New Arms for Israel
The Biden administration is considering supplying tank shells, mortars and vehicles in one of the largest transfers since the start of the war in Gaza.The Wall Street Journal - World - Joe Biden -
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.The Wall Street Journal - World -
More Than 100 Columbia University Students Arrested as Protests Intensify
The university called in the police to empty an encampment of demonstrators. But students have vowed to stay, no matter the consequences.The New York Times - Top stories -
Meta Is Already Training a More Powerful Successor to Llama 3
The open source Llama 3 AI model released by Meta today is just the start, according to the company’s chief AI scientist, Yann LeCun. He said a new, much larger version is in the works.Wired - Tech -
PwC Looks to ShrinkNewU.S. Consulting Partner Class by More Than 50%
PricewaterhouseCoopers is looking to shrink its new class of U.S. consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines.The Wall Street Journal - World -
Ocean spray emits more PFAS than industrial polluters, study finds
Research into release of ‘forever chemicals’ raises concerns about contamination and human exposure along world’s coastlines. Ocean waves crashing on the world’s shores emit more PFAS into the air than the world’s industrial polluters, new ...The Guardian - World -
Columbia protests continue after more than 100 arrested
Pro-Palestinian demonstrators have reoccupied Columbia University's main lawn for a third day of protests in Upper Manhattan.CBS News - Politics -
3 reasons long-term care insurance is better than paying out of pocket
Here's why long-term care insurance is a better way to plan for long-term care costs than paying on your own.CBS News - Top stories -
'The mirror doesn’t lie': How Corey Seager’s constant pursuit of perfection created MLB’s most beautiful swing
Seager's left-handed swing is a thing of beauty. But the constant feeling that it could desert him is what turned him into MLB's new Mr. Clutch.ESPN - Sports -
Honda unveils a series of sleek EVs for China and they're way more exciting than anything we get in the rest of the world
Yahoo News - World - China -
Tesla recalling more than 3,000 of its 2024 Cybertrucks due to faulty pedal
Tesla is recalling nearly 4,000 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crashABC News - Top stories - Tesla -
House advances Ukraine and Israel aid with rare support from more Democrats than Republicans
The House advanced four separate bills, including aid for Ukraine and Israel after months of delay and a bill that could ban TikTok in the U.S.NBC News - Top stories - Ukraine -
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Israel and Iran backed away from the brink. But the stakes have been raised, and the rules are no longer clear.The Wall Street Journal - World -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - 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 -
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 -
3 Steps to Navigate Change
How your business can adapt and thrive during challenging times.Inc. - Business -
The $1.7 Billion Railway That Could Challenge China's Influence in Africa
A U.S.-backed railway connecting Angola to the Democratic Republic of Congo is part of a pushback against China’s Belt and Road initiative in Africa. The $1.7 billion Lobito Corridor project aims to secure vital mineral supply chains.The Wall Street Journal - World - China -
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 -
P&G's initial decline had nothing to do with earnings. The market later agreed
Management's call with investors had us feeling very good about Procter & Gamble's future, no matter the economic backdrop.CNBC - Business -
Sony in Talks to Join a Bid to Buy Paramount
The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.The New York Times - Business -
Don't force drivers to buy AM radios
One of the principal tenets of progress and innovation is that we are not tethered to old technology. For example, when consumers purchase the latest smartphone that can connect to the internet or download applications, they are not forced to buy ...The Hill - Politics -
Sony In Talks To Join Bid To Buy Paramount - Report
In the race to acquire Paramount, Skydance Media still has the inside track. But there may be more players pulling up in the rearview. According to The New York Times, an investment firm, Apollo Global Management, is in talks with Sony Pictures ...GameSpot - Tech -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
Why a CD is better than these 4 popular alternatives
If you want to maximize your interest, a CD is often your best option.CBS News - Top stories -
Best Buy Members Get Access To Exclusive Deals This Weekend
Best Buy is offering exclusive deals to its My Best Buy Plus and Total members, giving them a chance to score dozens of today's hottest gadgets at some of the lowest prices of the year. The event ends Sunday, so you have plenty of time to explore ...GameSpot - Tech -
Tesla’s stock keeps getting cheaper — and Cathie Wood’s ETFs keep buying it
ARK Invest ETFs bought roughly $26 million of Tesla stock in the past three days, and more than $100 million in April.MarketWatch - Business -
5 big takeaways from Day 3 of Trump's hush money trial
Twelve jurors have been seated in the historic criminal trial of former president Donald Trump.ABC News - Top stories - Donald Trump -
Day 3 of Trump New York hush money trial
The full 12-person jury for Donald Trump's hush money criminal trial has been seated.CNN - Top stories - New York -
Utah, Florida deny OU gymnastics' 3-peat bid
Utah, Florida, Cal and LSU advanced to Saturday's NCAA gymnastics championship as Oklahoma was denied its quest to three-peat.ESPN - Sports - Florida -
End of jury selection in Trump trial caps frenetic first week
The jury selection process in former President Donald Trump's New York trial came to a close on Friday, part of a flurry of activity that marked the end of a dizzying first week.CBS News - Politics - Donald Trump -
Israel’s Strike Was Smaller Than Expected, and So Was Iran’s Reaction
The relatively limited scope of the attack, as well as a muted response from Iranian officials, may have lowered the chances of an immediate escalation, analysts said.The New York Times - World - Israel -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
Why buying stocks in this hot sector may turn out to be a money-losing bet
The semiconductor industry has been soaring; that won’t last forever.MarketWatch - Business -
North Korea is buying Chinese surveillance cameras in a push to tighten control, report says
A report from the website 38 North says that North Korea is putting surveillance cameras in schools and workplaces in a technology-driven push to monitor its population even more closelyABC News - Tech - North Korea -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Here's why it could be better to buy Series I bonds before May, experts say
Series I bonds could fall below 5% in May. Here's the best time for long-term investors to buy.CNBC - Business -
More humidity ahead of a front early next week
Yahoo News - World