Bank Approves - QuikReader

NCAA approves paying women's tourney teams

Women's basketball teams will be paid for playing games in the NCAA tournament each March just like the men have for years under a plan approved Wednesday at the NCAA convention.

ESPN - 1h

Trump Pentagon pick Hegseth nears US Senate approval after testy hearing

Former Fox News host claims ‘smear campaign’ sought to halt his nomination, but he appears likely to secure votes

Financial Times - 21h

These two bank stocks stand out for improvement in 2025

Bank stocks had a wonderful 2024. A lighter regulatory burden and better interest-rate environment might set up another year of gains.

MarketWatch - 1d

Eli Lilly CEO expects new weight loss pill to be approved next year

Eli Lilly and its rivals are working to develop more convenient options than the injectable Zepbound and Wegovy, which dominate the weight loss drug market.

CNBC - 2d

Approval of US leadership among NATO members sinks: Gallup

Approval of U.S. leadership across NATO member countries was lower in 2024 than during the first three years of President Biden’s term in office, according to a Gallup poll released Monday. In ...

The Hill - 2d

Fintech IPOs return with precious little credit in the bank

Hope still wins out over experience as financial disrupters seek to ride the latest wave

Financial Times - 4d

Russian court approves scandal-hit Wildberries merger

Two people were killed in September shootings at headquarters of retailer co-founded by country’s richest woman

Financial Times - 5d

Zuckerberg approved Meta’s use of ‘pirated’ books to train AI models, authors claim

Sarah Silverman and others file court case claiming CEO approved use of dataset despite warnings. Business live – latest updates Mark Zuckerberg approved Meta’s use of “pirated” versions of ...

The Guardian - 5d

Lloyds, Halifax and Bank of Scotland to share branches

The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.

BBC News - 6d

Germany Approves Tribunal to Decide Nazi-Looted Art Claims

The new body will be easier to access and its decisions will be legally binding. But some lawyers and Jewish heirs are not happy with the reform.

The New York Times - 6d

Biden approves major disaster declaration for California wildfires

Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday ...

CBS News - 6d

Wait, how many banks were run in 2023?

More than you’d think!

Financial Times - Jan. 8

Bank of England to relax rules for banks and insurers

PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation

Financial Times - Jan. 8

Amid fears about Hollywood's future, L.A. approves $1-billion Television City project

The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.

Los Angeles Times - Jan. 8

Senate approves committee assignments, tees up confirmation hearings next week

The Senate on Tuesday approved its organizing resolution for the 119th Congress, officially setting the composition of committees and greenlighting nomination hearings to take place in the coming ...

The Hill - Jan. 7

Israeli airstrike targets armed group in West Bank

Yahoo News - Jan. 7

Jennifer Lopez and Ben Affleck settle divorce, ask judge to approve

Court documents show Jennifer Lopez and Ben Affleck settled their divorce back in September and are now asking for a judge to approve the breakup.

CBS News - Jan. 6

Why bank stocks care that Michael Barr is stepping down as top Fed banking cop

As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.

MarketWatch - Jan. 6

West Bank Settlers Hope Trump Will Back Annexation Dreams

Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.

The New York Times - Jan. 6

Hamas Approves List of Hostages It May Free Under a Cease-Fire Deal With Israel

Israel says Hamas has not provided any information about the status of those 34 hostages, dampening any notion that the endorsement is a step toward a deal to stop the war.

The New York Times - Jan. 6

Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests

Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.

MarketWatch - Jan. 6

Three Israelis killed in West Bank shooting, army pursuing suspects

JERUSALEM — Three Israelis were killed on Monday and several injured in a shooting attack on a car and bus near the town of Kedumim in the Israeli-occupied West Bank, Israel’s national ambulance ...

NBC News - Jan. 6

Israeli officials say 3 killed in attack on vehicles in occupied West Bank

Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.

CBS News - Jan. 6

Three killed in Palestinian shooting attack on bus in West Bank

Two women and a man are killed after gunmen open fire in al-Funduq, Israel's military and paramedics say.

BBC News - Jan. 6

Shooting attack on a bus carrying Israelis in the occupied West Bank kills 3

A shooting attack on a bus carrying Israelis in the occupied West Bank has killed at least three people

ABC News - Jan. 6

Investment banks prepare for crunch year in 2025

Boutiques counting on M&A rebound to support elevated valuations and star hires

Financial Times - Jan. 6

UK mortgage approvals fall in November

Unexpected decline interrupts recovery in housing market activity

Financial Times - Jan. 3

FirstFT: China’s central bank prepares for historic monetary policy shift

Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of Meta

Financial Times - Jan. 3

Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account

After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.

The New York Times - Jan. 3

China’s central bank plans policy overhaul as pressure mounts on economy

People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit

Financial Times - Jan. 3

Why you should open a CD with an online bank this January

Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.

CBS News - Jan. 2

Apple agrees to $95M settlement over Siri eavesdropping claims: Who could get payments, if it's approved

The agreement would put an end to a 5-year-old lawsuit that accused Siri of eavesdropping.

The Hill - Jan. 2

Palestinian Authority Bans Al Jazeera in West Bank

The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.

The Wall Street Journal - Jan. 2