Banking Sector Stress Reemerges
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Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - World -
Campari CEO Bets on Growth in U.S., Asia-Pacific Despite Sector Struggles
Campari Chief Executive Matteo Fantacchiotti said in an interview that the distiller has been focused on growing in the U.S. and Asia-Pacific at a time when other European drinks makers are facing a challenging environment in both markets.The Wall Street Journal - Business -
Private equity targets India’s healthcare sector with record investments
Increases in doctors’ bills, insurance and ‘lifestyle diseases’ are expected to boost hospital revenuesFinancial Times - World -
College students list mental health, stress as top reasons to consider dropping out: Gallup
Mental health and stress are among the top reasons college students consider dropping out of school, according to a recent Gallup poll. Among students who said they considered leaving their program within the last six months, 54 percent cited ...The Hill - Politics -
Mizuhara to plead guilty to felony bank, tax fraud
Ippei Mizuhara has agreed to plead guilty to felony bank fraud and submitting a false tax return after authorities found he stole nearly $17 million from Dodgers star Shohei Ohtani.ESPN - Sports -
Hong Kong Shares Rise 0.3%, Led by Tech Hardware, Pharma Stocks
Hong Kong shares edged higher after opening flat. After a recent rally, investors shift focus to China’s April economic data.The Wall Street Journal - World - Hong Kong -
China rally hasn’t been chased by options traders, Bank of America says
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.MarketWatch - Business - China -
Wells Fargo Hires Ex-JPMorgan Investment-Bank Boss Fernando Rivas
The San Francisco lender is focused on expanding its relatively small investment bank.The Wall Street Journal - World -
In Antisemitism Hearing, NYC Schools Chancellor Fights Back Against Republicans
Under aggressive, rapid-fire questioning, David C. Banks, the chancellor of New York City schools, pushed back hard on accusations that the district had allowed antisemitism to fester.The New York Times - Top stories - Republican Party -
Wells Fargo names JPM veteran as corporate and investment bank co-CEO in bulk-up
Fernando Rivas is joining the bank as it staffs up its investment-banking practice.MarketWatch - Business -
Shohei Ohtani’s former translator to plead guilty to transferring $17M from MLB star’s bank account
The former translator for Los Angeles Dodgers superstar Shohei Ohtani has agreed to plead guilty to illegally transferring $17 million out of Ohtani's account without his knowledge, authorities said Wednesday.NBC News - Top stories - MLB -
Ex-interpreter for baseball star Shohei Ohtani pleads guilty to bank and tax fraud in sports betting case
Ex-interpreter for baseball star Shohei Ohtani pleads guilty to bank and tax fraud in sports betting caseABC News - Sports -
Shohei Ohtani's ex-interpreter agrees to plead guilty to bank fraud and tax charge
Ippei Mizuhara, 39, of Newport Beach, has agreed to plead guilty to one count of bank fraud, which carries a maximum sentence of 30 years in federal prison, and one count of subscribing to a false tax return, which carries a sentence of up to ...CBS News - Top stories -
Ex-Laker Darius Morris dies three months after father, brother convicted of bank fraud
Remembered for his exuberant personality, former Lakers and Clippers guard Darius Morris has died at 33. His father and brother were convicted of fraud in February.Yahoo Sports - Sports