Two Big Ideas for Preventing Another Banking Crisis
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The Big Bank Elizabeth Warren Loves
There has never been a taxpayer scam like the federal student-loan forgiveness program.The Wall Street Journal - World -
Investment Banking Bounceback Powers Big U.S. Lenders
Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected earnings thanks to strong consumer spending and a flurry of Wall Street activity.The Wall Street Journal - World -
Netflix Needs to Put on Another Big Subscriber Show
The streaming giant began a crackdown on password sharing last year, and investors are getting their hopes up for another subscriber-growth bonanza this year.The Wall Street Journal - World - Netflix -
Israeli Settlers Kill Two Palestinian Men in the West Bank, Officials Say
The Israeli military said the men were killed during a “violent exchange” that followed a report of a Palestinian attacking an Israeli shepherd.The New York Times - World - Israel -
Israeli settlers kill two Palestinians in West Bank, officials say
Violence is reported to have escalated after a 14 year old Israeli shepherd went missing in the West Bank on Friday . Israeli settlers have killed two Palestinians in the occupied West Bank, according to Palestinian officials, after a weekend of ...The Guardian - World - Israel -
Banks Made Big Climate Promises. A New Study Doubts They Work.
Using European Central Bank lending data, researchers said there was not evidence that voluntary commitments were effective in reducing emissions.The New York Times - Business - Climate -
Two Brothers, a Big Biotech Bet and an $8 Billion Payout
Investors in a hedge fund from Baker Bros. Advisors recently received one of the largest windfalls ever following Pfizer’s purchase of Seagen.The Wall Street Journal - World -
‘Much improved’ investment-banking revenue awaits big Wall Street banks: Moodys
High-yield debt and equity follow-on deals expected to help investment banking revenue.MarketWatch - Business -
World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says
Simon Stiell calls for reform at development banks to enable governments to provide more climate finance to developing world . The World Bank must take a “quantum leap” to provide new finance to tackle the climate crisis or face “climate-driven ...The Guardian - World - Climate -
Downtown Los Angeles Places Another Big Bet on the Arts
The pandemic was tough on city centers and cultural institutions. What does that mean for Los Angeles, whose downtown depends on the arts?The New York Times - Top stories -
Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate
The pullback marks a sharp reversal after years when companies had been bolstering their office footprints by adding millions of square feet of space.The Wall Street Journal - World -
Summers: Another Trump term would bring 'inflationary spiral,' big deficits
Former Treasury Secretary Larry Summers warned Wednesday that a second Trump administration could destroy the U.S. economy, predicting an “inflationary spiral.” “I don't think it would just be massive deregulation,” Summers said at a Semafor event ...The Hill - Politics - Donald Trump -
Big bank profits likely fell in first quarter but investors don't seem worried
Profits at big banks are not expected to dazzle when first-quarter results are released in coming days, but investors are more focused on the rest of 2024.Yahoo Sports - Sports -
Switzerland lays out new 'too big to fail' rules in wake of Credit Suisse banking turmoil last year
The Swiss government has announced steps to bolster its “too big to fail” rules aimed to avoid potentially disastrous fallout from banking sector turmoilABC News - World -
Big U.S. banks are set to reveal quarterly earnings, with JPMorgan Chase, Wells Fargo and Citigroup first out of the gate on Friday.
Big U.S. banks are set to reveal quarterly earnings, with JPMorgan Chase, Wells Fargo and Citigroup first out of the gate on Friday.The Wall Street Journal - World -
It's not just Jamie Dimon and Wall Street. Local bank branches have big AI ambitions
Local bank branches see artificial intelligence as a way to more effectively compete against Wall Street giants for customers.CNBC - Business -
A Better Idea for the IRS
Instead of a government direct-file program, how about a refundable tax credit?The Wall Street Journal - World -
‘We’re pricing in an acceleration.’ Portfolio manager offers two stocks to protect from this big investor blind spot.
Markets are pricing in an acceleration, and not even a mild recession, warns Matt Stucky, chief portfolio manager, equities, at Northwestern Mutual Wealth Management. He’s got two stocks for that.MarketWatch - Business -
Two senior women leave BP in first big shake-up since Looney’s exit
Departures reduce the number of women on leadership team at oil majorFinancial Times - Business -
An Idea Man and an Artisan Join Forces
The watchmakers Dominique Renaud and Julien Tixier introduce the first piece from their new brand.The New York Times - Lifestyle -
2024 NFL Mock Draft: Jets add another weapon for Aaron Rodgers; Giants select big-play WR
Every team stands pat in this no-trades mockCBS Sports - Sports - NFL -
NFL Draft primer: Cardinals sitting pretty to take Marvin Harrison Jr. — or trade down for another big haul
What does Arizona need in this month's NFL Draft? How many picks do they have? We break it down right here.Yahoo Sports - Sports - NFL -
How AI is helping to prevent future power cuts
Artificial intelligence software is being used to predict electricity demand and supply.BBC News - Top stories -
White House tries to prevent a wider war in the Mideast
President Biden urged restraint in Israel's response to the attack by Iran when he spoke with Prime Minister Benjamin Netanyahu. Meanwhile, protests broke out around the United States to try to stop the bloodshed in Gaza. NBC News' Gabe Gutierrez ...NBC News - Politics -
Maybe Phones in Schools Aren't a Good Idea
We shouldn’t let technology shape our children into unproductive members of society.The Wall Street Journal - World -
Lakers' Ham slams idea of trying to dodge Nuggets
After the Lakers advanced out of the play-in tournament, coach Darvin Ham was stunned when told of the recent chatter in the media that the Lakers would have been better off throwing Tuesday's game to avoid playing the Nuggets in the first round.ESPN - Sports - NBA -
Starbucks Just Announced Its Hottest Idea Yet
Four new drinks feature a spicy twist to some of its favorites.Inc. - Business -
Move our pandemic, cybersecurity strategies from 'panic and neglect' to 'prepare and prevent'
From cybersecurity to public health preparedness, we urgently need to shift from a reactionary mindset to that of preparedness.The Hill - Politics -
Trump, Johnson to tout bill to prevent noncitizen voting: Report
Former President Trump and Speaker Mike Johnson (R-La.) are teaming up to promote a bill to keep noncitizens from voting in federal elections, according to a report by USA Today. Johnson is set to visit Trump’s Mar-a-Lago residence Friday to drum ...The Hill - Politics - Donald Trump -
A law-based approach for Israel to prevent a nuclear-armed Iran
For Israel, this should be a time for disciplined strategic thinking, not political simplification. While well-intentioned, U.S. President Joe Biden’s counsel to “take the win” misses the single most important point of pertinent Israeli ...The Hill - Politics - Iran -
US provides assurances to prevent Julian Assange appeal against extradition
Death penalty not to be imposed, but WikiLeaks founder’s wife says he will not be afforded first amendment protections. The US has provided assurances to the high court in London in an attempt to prevent a last-ditch appeal by Julian Assange ...The Guardian - World -
Long-Acting Drugs May Revolutionize H.I.V. Prevention and Treatment
New regimens in development, including once-weekly pills and semiannual shots, could help control the virus in hard-to-reach populations.The New York Times - World -
Bank of America Earnings Drop, Under Pressure From Higher Rates
The bank reported an 18% drop in first-quarter profit, but still topped expectations with strong performances from its Wall Street and wealth-management operations.The Wall Street Journal - World -
Zelensky says he doesn't need 'primitive' ideas from Trump on Ukraine
Ukrainian President Volodymyr Zelensky said in a Tuesday interview that he does not need “primitive” ideas from former President Trump on ways to resolve the war with Russia. In an interview with Axel Springer media outlets, including Politico, ...The Hill - Politics - Ukraine -
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Dragon Age TV Series Is A "Terrible Idea," Says Game Series Creator
With Amazon Prime's Fallout show becoming the talk of the town, people are brainstorming about what other classic gaming franchises they'd love to see transition to a TV series. Dragon Age creator David Gaider has a couple of ideas, but they don't ...GameSpot - Tech -
Salesforce merger is a bad idea, says Informatica co-founder
Salesforce’s integration of Informatica’s technology would be “a complex, time-consuming project” that could take more than five years, according to Gaurav Dhillon.MarketWatch - Business -
House progressives release an agenda for 2025, with ideas for Biden to excite the base
WASHINGTON — Top House progressives will unveil a sweeping agenda Thursday to lay down a marker for the policies they’ll push next year if Democrats win the 2024 election, from a higher minimum wage and strengthening antitrust laws to new federal ...NBC News - Top stories - Joe Biden -
Trouble in the Water: Hawaii's Climate Crisis
Long before there was a crisis in Hawaii involving flames, there was a crisis involving water: water that climate change was drying up, scarce water going to tourist activities instead of locals, and then tainted water that poisoned thousands with ...CBS News - Top stories - Climate -
The great stink of England’s sewage crisis
Plus, are Angela Rayner’s tax affairs a big problem for Labour or a smear story?Financial Times - World