Latest in Money’s Flowed Bank
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Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - 4h -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - 13h -
Pebble Flow EV Travel Trailer: Glamping Goes Electric
We take a first look inside the Flow electric travel trailer, which the company says will ship in the first half of 2025. And yes, you can tow it with your Cybertruck.Wired - 14h -
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 - 15h -
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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 peopleABC News - 22h -
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 - 12h -
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 - 18h -
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 - 19h -
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 - 20h -
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 - 21h -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - 1d -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - 1d -
Trump to be sentenced for "hush money" conviction before inauguration
Justice Juan Merchan will sentence Trump for his crimes on Jan. 10, a court proceeding that will be unlike any in America's 248 years.CBS News - 3d -
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 MetaFinancial Times - 3d -
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 - 3d -
Biden Officials Prepare for Potential Bird Flu Outbreak With Added Money
The administration is committing an additional $306 million toward battling the virus, and will distribute the money before President-elect Donald J. Trump takes office.The New York Times - 4d -
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 creditFinancial Times - 4d -
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 - 4d -
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 - 4d -
Ukraine just stopped Russian gas flows to Europe. Here's who's most at risk
Austria has insisted it is well prepared for the stoppage, but Slovakia has threatened to cut electricity supplies to neighboring Ukraine.CNBC - 4d -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - 4d -
Ukraine halts flow of Russian gas to Europe, ending an era
A Ukrainian pipeline supplying Russian natural gas to Europe was closed Wednesday after Ukraine declined to renew the deal keeping it open.NBC News - 4d -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - 4d -
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Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - 5d -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - 5d -
Why Did Ukraine Halt the Flow of Russia’s Natural Gas to Europe?
And why didn’t it cut off Russia’s natural gas earlier?The New York Times - 5d -
Ukraine Halts the Flow of Natural Gas From Russia to Europe
A transnational pipeline was shut down on Wednesday after Kyiv refused to renew a prewar agreement that allowed for the transit of Russian gas through its territory.The New York Times - 5d -
Russian gas flows to Europe via Ukraine cease as transit agreement expires
Ukraine president hails ‘one of Moscow’s biggest defeats’ as deal’s end brings power cuts in breakaway Moldovan region. Russian gas has stopped flowing to Europe via Ukraine, ending a major energy ...The Guardian - 5d -
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Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - 5d -
Russian Gas to Europe Stops Flowing After Ukraine Refuses to Renew Pipeline Deal
The move is expected to have limited impact on the continent, which has diversified its energy supplies since Russia’s invasion of Ukraine.The Wall Street Journal - 5d -
Russian gas stops flowing through Ukraine
Transit deal expires with no follow-up agreement on flows to central EuropeFinancial Times - 6d -
Justice Department asks Supreme Court to reinstate anti-money laundering law
The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the ...The Hill - 6d -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - 6d