Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
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This could be the start of a $1 trillion shift away from U.S. stocks, regardless of what Americans do
Foreign investors reallocating money away from the U.S. could fuel a $1 trillion sell order on U.S. equities, a UBS strategist said Friday.MarketWatch - 1h -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - Mar. 5 -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - 4d -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - 3d -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - 3d -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - 2d -
Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B
Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.VentureBeat - 2d -
Comcast expands partnership with Olympics, extends media rights through 2036
Comcast gained the rights to broadcast the Olympic Games through 2036 as part of a new $3 billion agreement with the International Olympic Committee.CNBC - 18h -
Taxpayers will suffer if Thames Water collapses, warns regulator
Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.BBC News - 15h -
NBC to broadcast Olympics in the U.S. through 2036
Comcast NBCUniversal signs deal with IOC for U.S. broadcast rights worth $3 billion.Yahoo Sports - 13h -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - 3h -
Aston Villa 3-0 Club Brugge (agg 6-1), Arsenal 2-2 PSV (9-3): Champions League last 16, second legs – live
There were no problems for Aston Villa and Arsenal as they both progressed to the quarter finals. “You have to feel for Nathan Butler-Oyedeji,” writes Kieran McKintosh . “He’s 22, still not had a ...The Guardian - 1d -
Sterling makes his mark against PSV as Arsenal stroll into quarter-finals
On a night when Arsenal ended the game with four left-backs on the pitch, this may not have been the biggest stage of Raheem Sterling’s illustrious career. But after a dismal loan spell from ...The Guardian - 1d -
'Confident' Triantis earns first Australia call-up
Hibs midfielder Nectarios Triantis has been rewarded for his impressive club form with a first senior Australia call-up. The 21-year-old - on loan from Sunderland - has been a key figure for David ...Yahoo Sports - 1h -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - Mar. 6 -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 6d -
Labour ministers yet to hold talks over Abramovich funds
Funds worth £2.5bn - meant to help Ukrainians - remain frozen in a UK bank account over a row about how to use them.BBC News - 6d -
i-D Magazine Gets a New Life Just as Cool as Its Old Life
The art and fashion worlds convened at Rick Owens’s austere Left Bank house to celebrate the relaunch of Karlie Kloss’s i-D magazine.The New York Times - 1d -
Wells Fargo’s stock dips even as analyst proclaims ‘good entry point’ for investors
RBC Capital says Wells Fargo’s stock is a good buy after the recent financial-stock selloff — but it continued to fall along with most bank stocks Thursday.MarketWatch - 16h -
Europe Expected a Transactional Trump. It Got Something Else.
Europe had been banking on a United States that wanted to make a deal on tariffs and trade. With little progress in that direction, it’s reluctantly starting to hit back.The New York Times - 10h -
Palworld Cross-Play Update Officially Confirmed For Late March
Palworld developer Pocketpair has announced that cross-play will be added to the game in late March, and that it'll be supported on PC via Steam, Xbox Series X|S, PS5, and Mac. Additionally, the ...GameSpot - 1d -
“Here we go!” – Fabrizio Romano confirms Chelsea are set to beat Man Utd to major signing
Italian journalist Fabrizio Romano has given his trademark “here we go” for the transfer of Geovany Quenda to Chelsea.The reporter has posted on X, formerly Twitter, about the Blues agreeing a dea...Yahoo Sports - 6h -
Who would want to be a museum patron in our age of scrutiny?
Protests have led to donors’ names being scrubbed from gallery walls — but private money is needed now more than everFinancial Times - 6d -
Tiles that are too good to be left in the bathroom
Taking their cues from mosques and palaces, cathedrals and chapter houses, interior designers are adding a glazed gleam to unexpected walls, doors and exteriorsFinancial Times - 6d -
Warriors' defensive ace GP2 beats Trail Blazers with buckets
For Gary Payton II, the Golden State Warriors' win Monday is a box score worth savoring. Maybe even framing it to hang on a wall.Yahoo Sports - 3d -
See How Elon Musk’s Team Inflated, Deleted and Rewrote Its Savings Claims
The cost-cutting group removed hundreds of contracts from its “wall of receipts,” added back many of them, and inflated savings values.The New York Times - 13h -
Syrian Kurds celebrate deal with Damascus as coastal residents remain wary after violence
In northeast Syria, revelers took to the streets after the announcement of a breakthrough deal between the central government in Damascus and local Kurdish-led authoritiesABC News - 2d -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 2d -
Federal Grant Program Opens Door to Elon Musk’s Starlink
Under new rules from President Trump’s Commerce Department, a $42 billion high-speed internet effort will no longer favor fiber-optic cable.The New York Times - Mar. 6 -
Paramount says Trump's CBS '60 Minutes' lawsuit seeks to 'punish' network
Paramount on Thursday asked a federal judge in Texas to dismiss the $20-billion lawsuit. The media company separately has agreed to have a mediator look at the case.Los Angeles Times - Mar. 6 -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - 6d -
Claimant: Opioid victims not getting justice in proposed Purdue settlement
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case.CBS News - 4d -
Trump’s Tariffs and the Backlash From Canada and Other Countries, Explained
After a fresh wave of tariffs from the United States, Canada and the European Union said they would impose billions in levies on U.S. goods.The New York Times - 1d -
iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale
A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.Inc. - 1d -
Rays not moving forward with new stadium plans
The Tampa Bay Rays will not proceed with the development of a $1.3 billion baseball stadium in St. Petersburg, Florida, principal owner Stuart Sternberg said.ESPN - 14h -
How climate change is threatening the maple syrup industry
Winter turning to spring marks the sweet season for maple syrup production. But climate change is threatening the $1.5 billion industry. David Schechter explains.CBS News - 13h -
Poland's Tusk plans large-scale military training for all adult males
Poland’s Prime Minister Donald Tusk says his government is working on a plan to prepare large-scale military training for every adult male in response to the changing security situation in EuropeABC News - 6d -
Advocates gear up for fight to preserve Education Department
President Trump's battle to end the Department of Education is about to turn into a war as advocates prepare to defend the federal agency through litigation and civic action while he readies an ...The Hill - 6d -
Amorim: I won't get time Arteta had at Arsenal
Ruben Amorim has said he won't get the same time to rebuild Manchester United as Mikel Arteta has enjoyed at Arsenal as the two managers prepare to meet at Old Trafford on Sunday.ESPN - 5d