Latest in Oaktree backed bank under court administration over mafia linked loans
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Business - The New York Times
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year.11 hours ago - Ukraine -
Entertainment - ABC News
Harvey Weinstein's retrial moved to next year, lawyer plans to hire a private investigator
Harvey Weinstein's retrial on sex crimes charges in Manhattan won't start until next year and a new allegation against the former movie mogul will be included in the case23 hours ago -
Business - The New York Times
U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets
Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.2 days ago - Ukraine -
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World - Financial Times
Oaktree-backed bank under court administration over mafia-linked loans
Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crime5 hours ago -
Politics - The Hill
Texas sues Biden administration over voter citizenship data
Texas Attorney General Ken Paxton filed a lawsuit against the Department of Homeland Security on Tuesday, alleging it violated a federal law that requires the agency to respond to inquiries from ...Yesterday - Joe Biden -
Business - CNBC
German court rules against Deutsche Bank in Postbank acquisition lawsuit
Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs, including interest accrued to date.Yesterday -
Business - Financial Times
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risksYesterday -
Business - MarketWatch
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionYesterday -
Business - CNBC
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Yesterday -
World - The Guardian
Israeli airstrikes on Lebanon hit branches of Hezbollah-linked bank
Strikes targeted Al-Qard Al-Hassan buildings in Beirut’s southern suburbs, south Lebanon and the Bekaa valley. Middle East crisis – live updates Israel carried out a series of airstrikes on ...3 days ago - Israel -
World - The Wall Street Journal
Israel Expands Lebanon Campaign With Strikes on Banks It Links to Hezbollah
Its air force hit branches of Al-Qard Al-Hassan, a U.S.-sanctioned bank that the Israeli military says is central to Hezbollah’s economic functioning.3 days ago - Israel -
Business - Financial Times
Thames Water bondholders fall out over emergency loan
Lower-ranking creditors complain to utility they have been cut out of restructuring negotiations5 days ago -
Business - Financial Times
Why European bank mergers are back on the table
Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remain6 days ago -
Top stories - ABC News
Biden administration has now canceled loans for more than 1 million public workers
A student loan cancellation program for public service workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden ...6 days ago - Joe Biden -
World - Financial Times
El Salvador gets $1bn US-backed loan from JPMorgan to refinance debt
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’October 17 -
Business - CNBC
Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.October 17 - Joe Biden -
Top stories - The New York Times
Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People
An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.October 17 - Joe Biden -
Politics - The Hill
Biden administration forgives student loans for 60,000 public service workers
The Biden administration announced on Thursday that it is forgiving the student loans for more than 60,000 public service workers. The move gives $4.5 billion in debt relief to teachers, ...October 17 - Joe Biden -
Politics - The Hill
Supreme Court appears split in San Francisco water lawsuit against Biden administration
The Supreme Court appeared split Wednesday on a challenge from the city of San Francisco to the U.S. Environmental Protection Agency over federal wastewater rules. In its lawsuit against the ...October 16 - Joe Biden -
Politics - The Hill
Ex-Biden administration staffers who resigned over Gaza launch PAC
Two former officials who resigned from the Biden administration in protest over U.S. support for Israel have announced the creation of a political action committee focused on supporting candidates ...October 16 - Joe Biden -
Business - Inc.
Petitions to Unionize Doubled Under Biden Administration
Workers filed 3,286 bids with the government to form unions, the first increase in a presidential term since Gerald Ford left office in 1976.October 16 - Joe Biden -
Top stories - CBS News
Small Business Administration pausing disaster loans, program out of money until Congress returns
The Small Business Administration has run out of the money it was using for loans to help business owners recover from Hurricanes Milton and Helene. CBS News congressional correspondent Scott ...October 16 -
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Top stories - BBC News
Inside the £70k ‘mafia-style’ champagne shoplifting gang
A crime gang has stolen more than £70,000 of goods from UK supermarkets in 18 months, the BBC hears.October 16 -
Top stories - NBC News
Small Business Administration disaster loan program exhausts funds after Hurricane Helene
The Small Business Administration said it has exhausted funds for its disaster loan program following increased demand from Hurricane Helene, with Congress being in recess.October 15 -
Top stories - The New York Times
SBA Depletes Disaster Loan Funds After Helene and Milton, Biden Says
Federal officials urged people to keep applying for the loans, which they said they would continue to process while awaiting more funding from Congress, which is not set to reconvene until Nov. 12.October 15 - Joe Biden -
Business - CNBC
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.October 15 -
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Business - Financial Times
Citi and BofA join other big US banks in beating gloomy forecasts
Stronger than expected earnings add to hopes of a ‘soft landing’ for economyOctober 15 -
Politics - The Hill
Ocasio-Cortez criticizes Biden administration over 'unrestrained' Israel government
Rep. Alexandria Ocasio-Cortez (D-N.Y.) criticized the Biden administration on Monday over what she called an “unrestrained” Israeli government. “The horrors unfolding in northern Gaza are the ...October 14 - Joe Biden -
World - The New York Times
Supreme Court Ruling Means Italy’s ‘Bunga Bunga’ Saga Is Not Over
The ruling sets the stage for yet another trial related to the scandal involving Silvio Berlusconi, the former prime minister of Italy who died last year.October 14 -
Business - MarketWatch
B. Riley’s stock soars 30% after bank agrees to sell Great American to Oaktree for almost $400 million
Investment bank’s stock is down 73% in the year to date amid regulatory fallout over a loanOctober 14 -
Business - The Wall Street Journal
Corporate Retreats Are Back. Hotels Are Banking on It.
Desire for more face-to-face meetings is spurring companies to book group events.October 14 -
Business - The Wall Street Journal
Starbucks Scales Back Discounts Under New CEO
Brian Niccol, the company’s new chief executive, is aiming to improve cafe operations and focus more on selling premium coffee while promoting seasonal drinks.October 14 -
Business - Financial Times
ECB challenges Serbian bank’s takeover bid over money laundering concerns
Stakebuilding in Austrian lender Addiko under scrutiny by central bankOctober 14