Market Extra: From SVB’s sudden collapse to Credit Suisse’s fallout: 8 charts show turbulence in financial markets
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Lone Pine Capital Resumes Private-Market Investments
Investment firm Lone Pine Capital resumed backing private companies, more than two years after shifting its focus to publicly traded businesses.The Wall Street Journal - World -
Don't Junk New York's Legal Marijuana Market
The black market doesn’t have to triumph.The Wall Street Journal - World - New York -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street's winning streak may come to an end Wednesday.CNBC - Business -
Are There Enough Fans for the N.H.L.’s Smallest Market to Keep Its Team?
The Winnipeg Jets’ season was clouded by dwindling attendance and concerning comments made by ownership about the franchise’s future.The New York Times - Sports -
LSU coach Brian Kelly: 'We're not in the market of buying players'
Kelly said LSU hasn't "fared very well" in its attempts to add transfer defensive linemen.Yahoo Sports - Sports -
Interpreting LSU coach Brian Kelly's declaration that Tigers are 'not in the market of buying players'
After failing to add a difference-making DT in the spring portal window, Kelly said that "if you just want to get paid, this is not the place for you."CBS Sports - Sports -
Forget about prompt engineering, Typeface Arc uses AI agent approach to power marketing campaigns
Typeface Arc aims to use an AI agent approach to enable organizations to generate and iterate complete marketing campaigns.VentureBeat - Tech -
5/8: CBS Morning News
Violent storms tear across Midwest, leaving thousands without power; Biden warns against growing threat of antisemitism in Holocaust remembrance speech.CBS News - Top stories -
Alstom starts to repair its financial train wreck
Before investors give the French group much more credit, they will want to see evidence that it can avoid nasty shocksFinancial Times - World -
Overwolf acquires NitroPay in 8-figure deal to boost ad tech offering
Gaming UGC and monetization platform Overwolf has acquired NitroPay to boost its ad tech offering and double its monthly ad traffic.VentureBeat - Tech -
New study reveals majority of Americans turning 65 soon are not financially prepared to retire
This year, a record number of Americans are expected to retire, but a new study reveals that a majority of Americans turning 65 in the coming years are not financially prepared for retirement. CBS News business analyst Jill Schlesinger explains.CBS News - Top stories -
A timeline of the collapse at FTX
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapseABC News - Tech - Crypto -
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Video shows plasma swirling on sun in "exquisite detail"
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.CBS News - Top stories -
Here’s why Rivian is still a ‘show-me story’
Rivian Automotive Inc.’s stock may regain investor interest if the electric-vehicle maker achieves a measure of profitability later this year, but for now most Wall Street analysts remain on the sidelines.MarketWatch - Business -
Why there won't be a show like 'Inside the NBA' again
As the NBA's broadcast rights are about to be awarded to the highest bidder, TNT's iconic show could become a casualty and fans would lose big.Yahoo Sports - Sports -
Trial About to Begin for Billionaire Trader Accused of ‘Pump and Brag Scheme’
The hedge fund is accused of borrowing money from banks to buy stocks.The New York Times - Top stories -
FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said that customers of the cryptocurrency exchange were set to get all their money back, plus interest.The New York Times - Business - Crypto