Latest in Largest Bank Apologizes
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S.Korean President Apologizes---and Vows to 'Never' Declare Martial Law Again
Yoon Suk Yeol said his imposition of emergency powers was made out of desperation.The Wall Street Journal - Dec. 6 -
South Korean president apologizes for declaring martial law
South Korean President Yoon Suk Yeol said he won't shirk legal or political responsibility for the martial law declaration and promised not to make another attempt to impose it.CBS News - Dec. 6 -
Thousands flee as Syrian insurgents advance to the doorstep of the country's third-largest city
Thousands of people have fled the central Syrian city of Homs, the country’s third largest, as insurgents seized two towns on the outskirts FridayABC News - Dec. 6 -
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
The Consumer Financial Protection Bureau accused the bank of intentionally terminating calls and mishandling fraud complaints.CNBC - Dec. 6 -
OrganiGram purchasing Motif Labs to become Canada’s largest cannabis company by market share, as others retreat
OrganiGram to pay up to C$100 million ($70.7 million) for vape and prerolled cannabis specialist Motif.MarketWatch - Dec. 6 -
Why do central banks buy gold? Experts weigh in
Knowing the main reasons why central banks buy gold could help inform your approach to gold investing.CBS News - Dec. 6 -
World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - Dec. 6 -
Wall Street veteran David Rosenberg offers up apology for his stock-market pessimism
The bears are capitulating — first Morgan Stanley, then JPMorgan, and now David Rosenberg, the former Merrill Lynch strategist who runs his own firm, Rosenberg Research.MarketWatch - Dec. 6 -
Ivory Coast turns to World Bank to replace costly debt
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdensFinancial Times - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
UK’s largest estates pay an average of £9mn in inheritance tax
Wealthiest estates face prospect of higher rates of liability following the BudgetFinancial Times - Dec. 6 -
Diss, dinner and Duke-Carolina: Shane Battier shares that J. Cole apologized for 2011 lyric
The North Carolina native rapped "Brother you're lame, you're Shane Battier," on his 2011 album.ESPN - Dec. 5 -
How Trump Targeted Undecided Voters Without Breaking the Bank
The Trump team had a huge financial disadvantage. It made up for it with a strategy that allowed it to narrow the focus of its ad dollars.The New York Times - Dec. 5 -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - Dec. 5 -
Luis Severino, Athletics reportedly agree to $67 million deal, the largest in franchise history
Severino put up a rebound season for the Mets in 2024 and scored a three-year deal with the now-Sacramento A'sCBS Sports - Dec. 5 -
Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - Dec. 5 -
9 Best MagSafe Power Banks for iPhones (2024), Tested and Reviewed
Keep your iPhone topped up with one of these WIRED-tested MagSafe portable chargers.Wired - Dec. 5 -
Shell and Equinor to create Britain's largest independent oil and gas company in joint venture
Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.CNBC - Dec. 5 -
Mexico announces largest fentanyl seizure in its history
Meanwhile, the U.S. State Department said it was increasing the reward for the top leader of the Jalisco cartel to $15 million.CBS News - Dec. 5 -
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While institutions own 33% of Playtech plc (LON:PTEC), retail investors are its largest shareholders with 48% ownership
Key Insights Playtech's significant retail investors ownership suggests that the key decisions are influenced by...Yahoo Sports - Dec. 5 -
Is the Biden-era blockade on US bank M&A finally over?
Investors and advisers prepare for consolidation among country’s thousands of regional lendersFinancial Times - Dec. 5 -
Protesters, politicians and the largest labor union call for South Korean president's resignation
Opposition lawmakers in South Korea filed a motion to impeach President Yoon Suk Yoel on Wednesday over his stunning decision to declare martial law. The martial law order lasted about six hours ...CBS News - Dec. 4 -
Mexico makes largest fentanyl bust as Trump’s tariff threat looms
Drugs seizure comes after US president-elect says he will impose levies if flow of narcotics is not haltedFinancial Times - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
Hong Kong's Cathay Pacific apologizes for showing "Family Guy" episode
The episode, from the first season of the American cartoon, shows Peter Griffin, the father character in the show, standing next to the "Tank Man" in a recreation of the infamous photograph.CBS News - Dec. 4 -
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Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
2,000 Mules director apologizes to man falsely accused of voter fraud in film
Dinesh D’Souza admits analysis in film that alleged massive 2020 voter fraud scheme based on ‘inaccurate information’. Conservative film-maker Dinesh D’Souza has issued a rare apology for his ...The Guardian - Dec. 3 -
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Fianna Fáil emerges as largest party in Irish election
The party has won 48 seats, with Sinn Féin second on 39 and Fine Gael third on 38.BBC News - Dec. 2 -
Texans safety Azeez Al-Shaair apologizes for hit on Jaguars quarterback Trevor Lawrence
Azeez Al-Shaair dove at a sliding Trevor Lawrence during the second quarter Sunday, hitting a defenseless Lawrence in the head with his forearm.NBC News - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2 -
Azeez Al-Shaair apologizes for brutal, illegal hit on QB Trevor Lawrence
Azeez Al-Shaair said on X that he didn't see Trevor Lawrence sliding until it was 'too late.'Yahoo Sports - Dec. 2 -
Al-Shaair apologizes to Lawrence after illegal hit on defenseless quarterback
Jaguars quarterback was left concussed after blow Incident led to brawl between Texans and Jags Houston’s Azeez Al-Shaair has apologized to Jacksonville’s Trevor Lawrence after his violent blow ...The Guardian - Dec. 2 -
BBC under scrutiny as 'MasterChef' host Gregg Wallace apologizes over misconduct allegations
The British government’s culture secretary has held talks with the BBC as the broadcaster comes under growing scrutiny after one of its TV hosts drew an angry backlash for dismissing sexual ...ABC News - Dec. 2