Silicon Valley Bank execs enjoyed generous compensation in recent years, with CEO and CFO packages up 30% from 2018
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Argentina president’s scaled-down economic package wins approval in lower house
Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.MarketWatch - Business -
‘Unethical’ junk food packaging manipulates children into craving sweets, report claims
Bite Back, a Jamie Oliver campaign group, found the 10 biggest producers reel in young shoppers with attention-grabbing colours and cartoons. Food companies are using bright colours and cartoon characters in an “unethical” effort to manipulate ...The Guardian - World -
UnitedHealth CEO defends ransom payment in testimony on cyberattack
Witty said he himself made the decision that UnitedHealth would pay a ransom to the hackers who caused the massive data breach.CBS News - Top stories -
UnitedHealth CEO testifying about cyberattack before Congress
UnitedHealth Group CEO Andrew Witty is testifying on Capitol Hill Wednesday about a crippling cyberattack on the company in February. CBS News Homeland Security and Justice reporter Nicole Sganga has more.CBS News - Top stories -
L.A. Phil names Kim Noltemy as president and CEO
Kim Noltemy takes over as president and CEO of the L.A. Phil from Chad Smith, who left for the Boston Symphony Orchestra last fall. She arrives from the Dallas Symphony Assn.Los Angeles Times - Entertainment -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
Biden Loosens Up on Weed
The U.S. government has recommended easing federal restrictions on the drug that have been in place for decades.The New York Times - Top stories - Joe Biden -
BBVA approaches Sabadell to create €70bn Spanish banking giant
Tie-up between two lenders would near valuation of SantanderFinancial Times - Business -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - Business -
She Was Convicted of Making a Bank Her Personal ATM---and Sentenced to Death
The case became one of the most high profile in a relentless anticorruption campaign in Vietnam dubbed the “Blazing Furnace.”The Wall Street Journal - World -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - Business -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - World -
She Was Convicted of Making a Bank Her Personal ATM---and Sentenced to Death
The case became one of the most high profile in a relentless anticorruption campaign in Vietnam dubbed the “Blazing Furnace.”The Wall Street Journal - World -
Cannabis Laws Are Changing, but Pot Merchants Still Can't Find Banks
Marijuana may become a less regulated Schedule III drug under federal regulations, but banking access remains an obstacle.Inc. - Business -
Bank of Canada 'Getting Closer' to Rate Cuts, Macklem Says
Central bank officials are confident inflation will continue to decelerate, Gov. Tiff Macklem said, adding that higher rates in Canada are having ‘more traction’ than in the U.S.The Wall Street Journal - World -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Banks face new risks as US tightens sanctions on Russia
Ukraine conflict shows no sign of abating — and financial institutions are being expected to implement the responseFinancial Times - World - Russia -
Israel accused of possible war crime over killing of West Bank boy
UN expert says death of 8-year-old appears to violate law after reviewing evidence gathered by BBC.BBC News - Top stories - Israel -
Lenders flying blind on private equity risk, Bank of England warns
Regulator says sector needs a consolidated view to avoid a repeat of Archegos fiascoFinancial Times - Business -
Amazon Q enterprise AI chatbot is now generally available
According to early stats, Amazon Q has the potential to help enterprise users become more than 80% more productive at their jobs.VentureBeat - Tech - Amazon -
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Attorneys general sue Biden administration over revisions to Title IX
A group of six GOP state attorneys general sued the Biden administration over changes to Title IX on Tuesday, the fourth such suit over proposed revisions to the anti-discrimination protections in two days. Tuesday’s suit, led by Kentucky and ...The Hill - Politics - Joe Biden -
Laufey, Gen Z’s Pop Jazz Icon, Sings for the Anxious Generation
The Gen Z ‘it girl’ singer on the painful push and pull of young love.The New York Times - Lifestyle -
A Yeast-Like Bacteria Can Cut Carbon Emissions While Creating Sustainable Aviation Fuel and Sneakers
LanzaTech’s technology can cut steel plants’ CO2 output by a third while also creating ethanol for environmentally friendly plastics and fuel.The Wall Street Journal - World -
The Last Stock Photographers Await Their Fate Under Generative AI
They survived the disruptive advent of digital cameras and online sales. Now stock photographers are bracing themselves for the next great tech shock: generative AI.The Wall Street Journal - World -
Puig Policy to Exclude Next Generation Can Help Ease Succession Concerns
As succession drama grips corners of the luxury world, Puig’s decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.The Wall Street Journal - World -
Puig Policy to Exclude Next Generation Can Help Ease Succession Concerns
As succession drama grips corners of the luxury world, Puig’s decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.The Wall Street Journal - Business -
Brooklyn’s bard: Paul Auster’s tricksy fiction captivated a generation
Witnessing ‘murder by the gods’ as a child drove the novelist’s work, which used postmodern playfulness to delight readers. • ‘A literary voice for the ages’: Paul Auster remembered by Ian McEwan, Joyce Carol Oates and more. • Paul Auster – a life ...The Guardian - World -
What is at stake in UK local voting ahead of a looming general election
Millions of voters in England and Wales will cast their ballots in an array of local electionsABC News - World - United Kingdom -
What is at stake in UK local voting ahead of a looming general election
Millions of voters in England and Wales will cast their ballots in an array of local electionsABC News - Top stories - United Kingdom -
Japan's Kishida unveils a framework for global regulation of generative AI
Japanese Prime Minister Fumio Kishida has unveiled an international framework for regulation and use of generative AIABC News - Tech - Japan -
Tyrese Maxey, 76ers stun Knicks to stay alive; Mike Trout suffers another injury
Maxey scored 46 points, including seven in the final 26 seconds of regulationCBS Sports - Sports - NBA -
The Federal Reserve acknowledged a recent setback in its inflation fight but said it was more likely to keep interest rates at their current level for longer than to raise them again.
The Federal Reserve acknowledged a recent setback in its inflation fight but said it was more likely to keep interest rates at their current level for longer than to raise them again.The Wall Street Journal - World -
Binance CEO Will Serve Four Months in Prison, But Will Be a Very Rich Inmate
Changpeng Zhao ran his crypto company differently from the way Sam Bankman-Fried ran FTX: Binance is still going strong. Leadership lessons abound from both bad examples.Inc. - Business -
How Bob Bakish, the Anti-Mogul CEO, Struggled to Rescue Paramount
The company veteran stepped down Monday with Paramount in the midst of a merger drama.The Wall Street Journal - Business