Us Bank Failures Stretch Deposit Insurance Fund
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Insurers scale back reimbursements for drugs used for weight loss
A growing number of insurance carriers say they won't cover the cost of weight loss medications because it is too high. The change is forcing some patients to take desperate measures. NBC News' Erin McLaughlin reports.NBC News - Top stories -
Cash-for-bottle deposit scheme delayed until 2027
The planned recycling scheme has been pushed back following disagreements between devolved administrations.BBC News - Top stories -
The ambitions of China’s BYD stretch well beyond electric vehicles
The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?Financial Times - Business - China -
3 long-term care insurance moves to make before you're 75
Are you a senior considering long-term care insurance? Here are three strategic moves to make before you're 75.CBS News - Top stories -
Wolves' Naz Reid named NBA Sixth Man of the Year, and he was ironically helped by strong stretch as starter
Reid helped the Timberwolves earn a No. 3 seed in the Western ConferenceCBS Sports - Sports - NBA -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Top stories -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Politics -
House GOP targets nonprofit funding in changes to earmarks process
House Republicans on Thursday announced changes to the annual process in which members apply for funding for community projects back home, after conservatives strongly opposed Democrat-backed earmarks over issues related to abortion and LGBTQ ...The Hill - Politics -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
These tips for investing in mutual funds and ETFs can get your portfolio in the swim
Fund managers’ stock tips, market skeptics and how to win with a strong defense.MarketWatch - Business -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Politics -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Top stories -
Biden signs foreign aid bill to provide new funding to Ukraine, Israel and Taiwan
President Biden called it "a good day for world peace" after signing the bill to provide almost $100 billion in foreign aid, most of it for Ukraine and Israel. The legislation also sets the stage for a potential ban of TikTok. NBC News' Peter ...NBC News - Politics - Joe Biden -
How China’s Nuctech earned EU funds before being hit by EU raids
Also in this newsletter: Waiting for Emmanuel Macron’s words of wisdomFinancial Times - World - European Union -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Why you should split your funds between a CD and high-yield savings account now
High-yield savings accounts and CDs both offer unique benefits. Here's why you should use both of them now.CBS News - Top stories -
Battleground state Pennsylvania gets first electric school buses funded by Biden admin
Pennsylvania received its first electric school buses funded by the Biden administration on Thursday, an effort in the critical battleground state that is expected to highlight the president’s climate agenda. First Student, which is the leading ...The Hill - Politics - Joe Biden -
While Biden Touts Chip Plant Funds, Prospective Workers Wait for Production to Start
The long lag time before U.S. factories start making semiconductors leaves workers waiting, and voters wondering when the payoff arrives.Inc. - Business - Joe Biden -
The next Pipedrive in sales execution, Salesforge secures $500K in pre-seed funding to build a future-proof AI co-pilot in B2B sales
CONTRIBUTOR CONTENT: Salesforge, an AI-copilot for sales execution, has raised $500K from BADideas.fund, Spring Capital, Fiedler Capital and super angel Maciej Zawadzinski, supercharging the team’s ambition to redefine the landscape of B2B sales. ...VentureBeat - Tech