Purchase Credit Suisse Amid Fallout
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UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - World -
The Fallout From the Credit Card Swipe Fee Fight
A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.The New York Times - Business -
UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial Times - Business -
Bridge collapse fallout
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Baltimore bridge collapse roils east coast ports The collapse of the Francis Scott Key bridge in Baltimore has halted vessel ...The Hill - Politics -
Eurozone Sovereign Spreads Could Widen on Higher Focus on Fundamentals
Higher-than-expected Italian and French budget deficits in 2023 and a heavy ratings calendar ahead will shift the focus to fundamentals of eurozone government bond issuers, potentially causing some yield spread widening later this year, Societe ...The Wall Street Journal - World -
32% of mobile gamers plan to spend less on in-app purchases in 2024 | Mistplay
Mistplay found 32% of spenders – and 41% of high-value spenders – are planning to reduce their in-game spending.VentureBeat - Tech -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
Economic fallout from Key Bridge collapse
In addition to the human toll, the collapse of the Francis Scott Key Bridge will also send ripples throughout the economy far beyond Baltimore. The crumpled bridge is now blocking a key waterway for shipping routes. Ramy Inocencio has more.CBS News - Top stories -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
Biden is announcing a new rule to protect consumers who purchase short-term health insurance plans
President Joe Biden is announcing new steps to protect consumers who buy short-term health insurance plans that critics say amount to junkABC News - Health - Joe Biden -
Biden announcing rule to protect consumers who purchase short-term health insurance
President Joe Biden is announcing new steps to protect consumers who buy short-term health insurance plans that critics say amount to junkABC News - Top stories - Joe Biden -
Weather tracker: Flood fallout claims at least 20 lives in Brazil
Heavy rainfall brings landslides to country’s south-east. Elsewhere, a wild temperature fluctuation in Iberia. Brazil was hit by devastating floods over the weekend that have so far claimed 20 lives in the resultant landslides and mudslides. There ...The Guardian - World - Brazil -
Royal expert's insights on the fallout from Princess Kate's cancer announcement
CBS News royal contributor Tina Brown joins “CBS Mornings” to talk about Princess Kate's cancer announcement and what it means for the royal family.CBS News - World -
East Coast ports brace for fallout from Baltimore bridge collapse
Eastern seaboard ports are preparing to accept shipments of goods being rerouted from the Port of Baltimore following the collapse of the Francis Scott Key Bridge early Tuesday morning. Port officials and private-sector distributors told The Hill ...The Hill - Politics -
Bridge Collapse Resets U.S. Supply Chains
The shutdown of a major trade corridor through Baltimore has ocean carriers and importers scrambling to contain the business fallout,The Wall Street Journal - World -
I.R.S. Stepping Up Efforts to Squash Fraud in Tax Credit Program
The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.The New York Times - Business -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
Visa, Mastercard agree to lower credit-card fees in landmark merchant settlement
Visa and Mastercard agreed to lower and cap credit-card interchange rates as part of a landmark settlement with U.S. merchants.MarketWatch - Business -
Will the Visa-Mastercard swipe-fee settlement impact your credit-card rewards?
The landmark agreement will limit the fees that businesses pay to accept credit cards — but customers aren’t likely to see savings.MarketWatch - Business -
Robinhood’s stock jumps after company launches first credit card
The Robinhood Gold Card is aimed at Robinhood Gold members — a subscription product offering premium services for a fee — and has no annual fee or transaction fees, but comes with a 3% cash back on all categories.MarketWatch - Business -
3 ways to pay off $30,000 in credit card debt
That amount of card debt can be overwhelming, but there are ways to pay it off. Here are a few to consider.CBS News - Top stories -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World -
Carbon Credits Draw Fresh Attention Under SEC's New Climate Rules
Several private-equity firms have entered the carbon-credit market, seeing opportunity in the demand for high-quality credits as new pollution-disclosure rules are expected to bring more transparency to the sector.The Wall Street Journal - World - Climate -
Biden, Fighting for Credit and Raising Cash, Gets Help From Clinton and Obama
A fund-raiser on Thursday intends to raise $25 million to help re-elect the president, who has amassed a roster of achievements, but whose approval ratings are the lowest of the three.The New York Times - Top stories - Joe Biden -
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.The Wall Street Journal - World -
Oil Gains on Heightened Geopolitical Risks, Supply Concerns
Oil futures were higher in European trade, on signs of tightness in the market and growing geopolitical concerns and despite a stronger dollar.The Wall Street Journal - World -
Shohei Ohtani says he never gambled on sports
Los Angeles Dodgers superstar Shohei Ohtani on Monday said he never bet on baseball or any other sport and said his interpreter Ippei Mizuhura had stolen money from his account.CNN - Top stories -
Shohei Ohtani addresses media amid gambling probe
Los Angeles Dodgers star Shohei Ohtani spoke to the media for the first time since his interpreter was fired after his lawyers accused the interpreter of stealing millions from Ohtani to use for gambling purposes. Ohtani said Monday he did not bet ...CBS News - Top stories -
Leadership shakeup at Boeing amid safety investigations
Boeing announced Monday that its CEO, Dave Calhoun, will step down at the end of the year. CBS News senior transportation correspondent Kris Van Cleave explains what the news means for the aviation giant.CBS News - Top stories -
Oil Inches Lower With Focus on Geopolitical Risks, OPEC+ Policy
Oil prices inched lower after the UN passed a resolution calling for an immediate ceasefire in Gaza and OPEC+ delegates reportedly said they see no need to change supply policy at a review meeting next week.The Wall Street Journal - World -
Ferguson boss sacked as more ferry delays 'likely'
David Tydemen was head of the company building two delayed and over-budget CalMac ferries.BBC News - Top stories -
MPJ defends brother amid betting investigation
Nuggets forward Michael Porter Jr. said he's sure younger brother Jontay would never do anything to jeopardize his budding NBA career.ESPN - Sports -
Impressive Fallout Nuka Cola Power Armor Brings Sweet Taste Of Society To Wasteland
With the Fallout TV series about to debut next month, fans of Bethesda's post-apocalyptic video game franchise can now get their hands on a brand-new figure set in that irradiated universe. ThreeZero has announced a new run of its sixth-scale T-51 ...GameSpot - Tech -
Fallout 76 Atlantic City Season 16 Update Out Now; File Size And Patch Notes Revealed
Bethesda has released a new update for Fallout 76 that invites players back to Atlantic City to fight formidable foes in post-nuclear New Jersey.. The update, which also kicks off Season 16: Duel with the Devil, has players heading back to ...GameSpot - Tech -
U.S. Consumer Watchdog Turns Focus to Credit Card Rewards, Buy-Now-Pay-Later Companies
The Consumer Financial Protection Bureau, acting on increased complaints, will examine rewards market and deferred payment programs.Inc. - Business -
Here's how much credit card debt Americans have by age—and which generation owes the most
Collectively, Americans owe over $1 trillion on their credit cards. However, when you break down the numbers by age, one generation owes far more than the rest.CNBC - Business -
Shohei Ohtani broke his silence on the fallout from a betting scandal that linked the baseball star's longtime interpreter to an illegal bookmaker who is under investigation.
Shohei Ohtani broke his silence on the fallout from a betting scandal that linked the baseball star’s longtime interpreter to an illegal bookmaker who is under investigation.The Wall Street Journal - World -
Chevron manager jailed in Venezuela amid crackdown on government critics
The Associated Press has learned that a former Venezuelan fighter pilot jailed in Venezuela in February for his ties to a prominent human rights attorney is an employee of U.S. oil firm ChevronABC News - World -
UN calls for humanitarian ceasefire in Gaza amid urgent efforts to avoid famine
António Guterres says Palestinian people ‘remain stuck in a non-stop nightmare’ as Israel stands accused of blocking aid. Middle East crisis – live updatesAntónio Guterres, the UN secretary general, has again called for a humanitarian ...The Guardian - World - United Nations -
Amid Kate frenzy, hospital responds to Catherine's reported medical-records breach
As public interest into Kate Middleton's health intensifies, the London Clinic responds to a report that her medical records were illegally accessed.Los Angeles Times - Entertainment