Latest in It’s time to end creditor on creditor violence in sovereign restructurings
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Thames Water seeks up to £3bn in emergency loans from creditors
New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisationBusiness - Financial Times - October 25 -
Rival creditor group offers Thames Water emergency loan at lower rate
The UK’s largest water and sewerage provider is struggling with a £19bn debt loadBusiness - Financial Times - October 31 -
Giuliani Moved Possessions From N.Y. Apartment as Creditors Closed In
Lawyers for the two election workers seeking to collect on a $148 million defamation judgment against Rudolph W. Giuliani found that he had largely cleared out his Upper East Side home.Top stories - The New York Times - 4 days ago -
Extra Extra! The End Times, Onscreen
When the world as we know it ends in films and on television, newspapers are often used to convey what was known in those final days.Top stories - The New York Times - October 30 -
When does daylight saving time end in 2024?
The end to daylight saving time means our clocks will "fall back" on Sunday, Nov. 3, 2024. But why do we have to adjust the time twice a year?Top stories - CBS News - November 1 -
A first-time NYC marathon runner's special race goal: Advocate for gun violence prevention
Trevon Bosley will be one of 50,000 people at the starting line of the TCS New York City Marathon on Sunday.Top stories - NBC News - November 1 -
What Germany’s new naval base means for Baltic security
Also in this newsletter: the UK joins the EU in committing to the G7 loan to UkraineWorld - Financial Times - October 22 -
HSBC Announces Restructuring and Names First Female C.F.O.
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.Business - The New York Times - October 22 -
Pressure mounts on VW to finally confront the reality of restructuring
The carmaker must overcome internal resistance to changes necessary to boost competitivenessBusiness - Financial Times - October 23 -
Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.Business - The Wall Street Journal - October 24 -
Aces restructuring front office, cut ties with GM
The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.Sports - ESPN - October 26 -
Intel takes $18.7bn in restructuring and impairment charges
Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demandBusiness - Financial Times - October 31 -
Biden says "it's time for this war to end" after Sinwar's death
President Biden said Thursday that DNA tests have confirmed the death of longtime Hamas commander Yahya Sinwar. CBS News White House reporter Willie James Inman has more on the president's reaction.Top stories - CBS News - October 17 -
Harris and Trump Deadlocked to the End, Final Times/Siena National Poll Finds
The electorate has rarely seemed so evenly divided. The latest New York Times/Siena College poll found Harris and Trump tied 48 to 48.Top stories - The New York Times - October 25 -
When do clocks 'fall back' as daylight saving time ends?
Are you ready to get an extra hour of sleep?Politics - The Hill - October 27 -
Presidential Betting Markets Are a Real-Time Experiment for Regulators—and It Could End Poorly
Billions have been wagered on the presidential election on platforms such as Kalshi and Polymarket. The bets are comically bullish on Trump. Are gamblers about to lose a bunch of money?Business - Inc. - October 30 -
What if we didn't 'fall back' when daylight saving time ends?
We're again setting the clocks back an hour — but what if we didn't?Politics - The Hill - November 2 -
Daylight saving time has ended. What to know about 'falling back.'
It’s time to fall back again.Top stories - NBC News - November 2 -
Expect more emerging market sovereign defaults, says S&P
Countries exiting restructurings have lower ratings than in the past and may struggle to access capitalBusiness - Financial Times - October 14 -
Nestlé ‘not broken’ says new chief as he announces restructuring
World’s largest food group cuts outlook to more ‘realistic’ sales target amid weak consumer demandBusiness - Financial Times - October 17 -
Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt
Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...Sports - Yahoo Sports - October 18 -
HSBC embarks on major restructuring, names first female CFO
HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.Business - CNBC - October 22 -
Intel books big charges for restructuring, but here’s why its stock is surging
The company says business trends are improving despite ‘noisy’ earnings.Business - MarketWatch - November 1 -
Labour hedge fund donor’s profits drop 76% after restructure
Quadrature made largest single donation to party after UK election called in MayBusiness - Financial Times - 4 days ago -
Election Violence Is Already Here
With bombs, brawls, and stolen mail-in ballots already in play, the 2024 election is shaping up to be exceptionally chaotic. WIRED is tracking these incidents as they unfold.Tech - Wired - November 1 -
Shohei Ohtani stolen base streak ends at 36 in NLCS, caught for first time since July 22
Shohei Ohtani was caught stealing for the first time in nearly three months, ending a streak of 36 consecutive successful stolen base attemptsSports - ABC News - October 14 -
A planned sequel and a West End musical – but is The Devil Wears Prada out of step with our times?
Attitudes to body standards and corporate exploitation are among themes that look dated in the 2006 smash hit. There’s to be a follow-up to the film The Devil Wears Prada , with original ...World - The Guardian - October 20 -
The end is nigh! Experts on when it’s time to quit your relationship, your job, your diet and more
When is a friendship or romance dead? And is it OK to stop reading a book before the end? Here’s how to know when to give up – and what to do next. “Am I staying out of fear, attachment, obligation ...World - The Guardian - October 25 -
Daylight saving time ends next weekend. This is how to prepare for the potential health effects
Next Sunday is the time to move clocks back in the U.S. Daylight saving time ends at 2 a.m. local time on Nov. 3, which means setting your clock back an hourHealth - ABC News - October 27 -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
Nvidia CEO touts India’s progress with sovereign AI and over 100K AI developers trained
Nvidia CEO Jensen Huang noted India’s progress in its AI journey in a conversation at the Nvidia AI Summit in India. India now has more than 2,000 Nvidia Inception AI companies and more than ...Tech - VentureBeat - October 24 -
How a U.S. sovereign wealth fund could help Americans and challenge China’s global influence
Direct investment in long-term international development projects could boost Americans’ well-being for generationsBusiness - MarketWatch - October 26 -
Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform
At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.Business - CNBC - October 30 -
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.Business - CNBC - October 31 -
Bondholders could make $14bn from emerging market restructurings, says Debt Justice
Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investorsWorld - Financial Times - October 18