Risk Taking Swiss Banking Giant
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Why an uncertain world needs to take on more risk
Scarring from a series of shocks generates a defensive mindset that is holding back growthFinancial Times - World -
The Morning Risk Report
U.S. blocks imports from 26 more Chinese companies over forced labor concerns, and the U.S. pitches deal to ease sanctions on Israeli businessman in a quest for metals. Also, Microsoft asks hundreds of China-based AI staff to consider relocating ...The Wall Street Journal - World -
Are the Risks of Marijuana Overhyped or Undersold?
‘The psychiatric hospitals I oversee are consistently occupied by patients suffering from complications due to cannabis.’The Wall Street Journal - World -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
Britain risks throttling a golden goose
By restricting student visas, the UK is endangering its world-class university sectorFinancial Times - World - United Kingdom -
Agents of manipulation (the real AI risk)
Artificial agents will make our lives better. At the same time, these superpowers could easily be deployed as agents of manipulation.VentureBeat - Tech -
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What a Spanish bank mega-deal means for TSB
After BBVA’s bid, Sabadell is under pressure to prove it makes sense for a Spain-focused bank to own the midsize UK lenderFinancial Times - Business -
Giants' Lee needs shoulder surgery; season over
Giants outfielder Jung Hoo Lee will undergo season-ending surgery on his left shoulder, the team announced Friday.ESPN - Sports - NFL -
Giants unveil alternate uniforms to commemorate 100th anniversary
The Giants will be celebrating their 100th anniversary this season and an alternate uniform will be part of that effort.Yahoo Sports - Sports -
Desperate Biden must debate to win — but there are risks
Trump’s campaign has to guard against dirty tricks.The Hill - Politics - Joe Biden -
Steelmakers warn ministers that UK faces dumping risk
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry saysFinancial Times - World - United Kingdom -
Will Trump take the stand?
The concern will be that the jury expects Trump to take the stand — as does the ultimate jury, the American voters who make up the court of public opinion.The Hill - Politics - Donald Trump -
Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
Any use of U.N. forces would have to be approved by the Security Council. “There first has to be peace to keep," said a U.N. spokesman.The New York Times - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
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When to Treat Your 401(k) as a Bank. And When to Keep It Locked Up.
Higher interest rates make retirement-plan loans more attractive, but there are risks.The Wall Street Journal - World -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
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Giants unveil 'Century Red' uniform to commemorate 100th season
New York's centennial uniform is a modernized version of the 1933 jersey, 1925 pants and socks and the 1938 helmet.ESPN - Sports - NFL -
Driver killed in incident at Arizona facility that is being built by a Taiwanese semiconductor giant
Authorities say a truck driver has been killed after a tank holding waste material depressurized at a Phoenix facility that is being built for a Taiwanese semiconductor giantABC News - Tech -
Giants activate Soler from IL in series of roster moves
The Giants activated Jorge Soler from the injured list and recalled Mason Black from Triple-A in a series of roster moves before Friday's game against the Rockies.Yahoo Sports - Sports - MLB -
Giants outfielder Jung Hoo Lee to undergo season-ending shoulder surgery
The Korean star signed a $113 million deal with the Giants last offseason.Yahoo Sports - Sports -
Giants notes: Luciano, youngsters receiving extended MLB look
Marco Luciano is one of a few Giants youngsters who is receiving an extended look in the big leagues after injuries to veteran players.Yahoo Sports - Sports - MLB -
Atlanta zoo set to return last giant pandas in US to China
Zoo Atlanta is preparing to send its giant pandas back to China, following suit with other states, the zoo confirmed Friday in a press release. “With the 2024 expiration of Zoo Atlanta’s giant panda agreement with China, preliminary plans are ...The Hill - Politics - China -
As Teen Employee Numbers Rise, So Do Risks of Harassment on the Job
The throng of Gen Z youth new to the workplace face increased risks of sexual harassment at work--a crime officials and prosecutors are warning employers to address.Inc. - Business -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
Meta Faces EU Investigation Over Child Safety Risks
The Digital Services Act, which became active last year,requires social media platforms to work harder to prevent dangerous and illegal content from reaching younger users.Inc. - Business - European Union -
Older Frigidaire and Kenmore ranges pose risk of fires, maker warns
The manufacturer has received multiple reports of fires and injuries since the ranges were originally recalled more than a decade ago.CBS News - Top stories -
OpenAI’s Long-Term AI Risk Team Has Disbanded
The entire OpenAI team focused on the existential dangers of AI has either resigned or been absorbed into other research groups, WIRED has confirmed.Wired - Tech -
If you’re a woman, this one food slashes your dementia risk by a third
If you’re female and want to avoid dementia, stock up on this.MarketWatch - Business -
U.S. and Iranian Officials Held Indirect Talks in Oman on Risks of a Wider War
The talks were the first since Iran attacked Israel last month in retaliation for its killing of an Iranian general.The New York Times - World -
Companies are trying to attract more smartphone users across Africa. But there are risks
Internet-enabled phones can play a unique role in sub-Saharan Africa, where infrastructure and public services are among the world’s least developedABC News - Tech -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business -
Democrats Take Jewish Voters for Granted
We are liberal and support Israel. The party risks losing us by pandering to its antisemitic elements.The Wall Street Journal - World -
‘You’re emptying my emotional bank account’: why is business jargon seeping into our relationships?
Some couples relish new ways to discuss their feelings by using the language of the workplace. For others it’s alienating. The language of relationships seems to have donned a blazer recently – or at least a fleece vest.. If you’re single and ...The Guardian - World -
New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne’s departure follows a slate of recent executive exits at NYCB.MarketWatch - Business - New York -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia