Nomura profits surge as chief takes pay cut over trading scandal

Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversy

Business - Financial Times - November 1

Bitcoin is surging. Could it take over?

Bitcoin has been likened to "digital gold," but it's not something you can hold in your hand.

Politics - The Hill - 19 hours ago

Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

Carmaker to slash global production capacity by a fifth in emergency turnaround plan

World - Financial Times - November 7

Over 200 unqualified Texas educators had someone else take their exams in cheating scandal, officials say

Five people have been charged in Texas with organizing and participating in an illegal cheating scheme that certified more than 200 unqualified teachers and helped the plot’s “kingpin” rake in more ...

Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold

Moderna said its newest Covid vaccine saw benefits after winning approval in the U.S. three weeks earlier than the last iteration of the shot did in 2023.

Business - CNBC - November 7

LOOK: DeAndre Hopkins pays tribute to the Titans for trading him following his first TD with the Chiefs

Hopkins wants his former team to remember him

Sports - CBS Sports - November 5

FirstFT: Twin scandals hit PwC’s Asia profits

Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?

World - Financial Times - October 29

We're making a flurry of trades: Buying 2 beaten-up stocks, taking profits in another

We're using proceeds from the sale to help fund our purchases of two other Club stocks.

Business - CNBC - October 29

Trump could take US trade policy all over the place

Unpredictability and an aggressive nationalistic tone are likely to characterise the former president’s approach if he wins again

World - Financial Times - November 4

Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private

NHK said the founding family will raise over 8 trillion yen from "three Japanese megabanks and major American financial institutions."

Business - CNBC - 4 days ago

Josh Uche trade grades: Chiefs add needed pass-rush depth; Patriots cut losses with former second-round pick

Uche has produced 20.5 sacks since entering the NFL in 2020

Sports - CBS Sports - October 28

PwC profits fall in Asia after scandals in China and Australia

Big Four firm reports slower global growth as regional woes compound consulting industry slowdown

Business - Financial Times - October 29

Archbishop of Canterbury resigns over Church abuse scandal

His resignation comes after a damning report into a prolific child abuser associated with the Church.

Archbishop of Canterbury resigns over abuse scandal

Justin Welby had faced intense pressure over his role in Church of England’s failure to halt years of attacks by child abuser

Business - Financial Times - November 12

Canada fires coach Priestman over drone scandal

Bev Priestman will not return as head coach of the Canadian women's soccer team following an independent report into the use of drones to spy on an opponent at this year's Paris Olympics, Canada ...

Sports - ESPN - November 13

Ryanair profit drops as airline cuts passenger forecast

European low-cost carrier blames pressure on consumers for fall in fares

Business - Financial Times - November 4

Honda Motor Cuts Forecasts for Car Sales, Profit

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.

Business - The Wall Street Journal - November 6

China’s largest coffee chain plans to take on Starbucks in US

Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined

Business - Financial Times - October 29

We're locking in profits on 2 stocks that are surging on Trump's election win

Shares of the Club holdings were up big in premarket trading after NBC News projected Donald Trump defeated Kamala Harris in the presidential election.

Business - CNBC - November 6

Disney’s stock surges as streaming profits grow and film releases shine

“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.

Business - MarketWatch - November 14

Huel profits surge as meal replacement maker broadens fan base

UK company says launch of chewable goods, presence in supermarkets and anti-obesity drugs have driven demand

Business - Financial Times - 5 days ago

Assisted dying: caution and compromise may end in dissatisfaction

Politicians who support a law change in principle may still vote against the bill that currently falls short

World - Financial Times - November 12

This bank account is paying 5.25% right now as interest rates surge

Big rises in yields in recent weeks are good for savers.

Business - MarketWatch - October 30

Trafigura warns of up to $1.1bn loss over Mongolian oil scandal

Commodity trader is taking action against a ‘small number’ of insiders involved in the alleged fraud

Business - Financial Times - October 30

Five Charged in Cheating Scandal That Helped Over 200 ‘Unqualified’ Texas Teachers

Prosecutors said that the “kingpin,” a high school basketball coach in Houston, had helped educators fraudulently pass more than 400 tests.

Top stories - The New York Times - October 31

Bishop says Welby's position in Church is untenable

Justin Welby said he should have more rigorously followed up the details of John Smyth's abuse in 2013.

Bishop Calls on Anglican Leader to Quit Over Handling of Abuse Scandal

An independent report last week said that Justin Welby, the archbishop of Canterbury, took insufficient action after learning of alleged abuse decades ago at Christian summer camps.

World - The New York Times - November 11

Survivor calls for Welby to resign over Church abuse scandal

Andrew Morse was abused by John Smyth from the age of 17 to 21, and says the Church should have been more proactive.

Archbishop of Canterbury Resigns Over U.K. Church Abuse Scandal

The Most Rev. Justin Welby, the leader of 85 million Anglicans worldwide, announced his resignation days after a report found he had taken insufficient action over claims of abuse.

World - The New York Times - November 13

Justin Welby to quit as archbishop of Canterbury over handling of abuse scandal

Leader of Church of England had faced pressure since damning report on cover-up of John Smyth’s abuse. The archbishop of Canterbury is to step down amid intense pressure over his handling of one of ...

World - The Guardian - November 12

Car buyer payouts over loan scandal could be delayed

Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.

Children in Need chair resigns over grants to scandal-hit LGBT charity

Rosie Millard quit over grants for LGBT youth charity whose ex-chief was convicted of child sex assaults.

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