Ubs Agrees $3.25bn Rescue Deal for Rival Credit Suisse
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UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial Times - Business -
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 -
UBS, Apollo Complete Securitization Unit Deal
UBS and Apollo Global Management have finalized a deal to offload Credit Suisse’s former securitized products business, as the Swiss bank continues its integration after the takeover.The Wall Street Journal - Business -
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 -
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 -
Zambia agrees deal to restructure nearly $4bn of bonds
Bankrupt southern African nation moves closer to exiting default with revised bondholder arrangementFinancial Times - Business -
Sources: D-backs, lefty Montgomery agree on deal
Jordan Montgomery and the Arizona Diamondbacks are in agreement on a one-year, $25 million deal with a vesting player option for a second season, sources told ESPN on Tuesday night.ESPN - Sports -
Jordan Montgomery reportedly agrees to 1-year, $25 million deal with Diamondbacks
Jordan Montgomery is changing sides from the 2023 World Series.Yahoo Sports - Sports -
Ezequiel Tovar extension: Rockies agree to 7-year, $63.5 million deal after standout rookie year, per report
Tovar's glove is the highlight but his bat has played well at Coors Field so farCBS Sports - Sports -
Report: L'Jarius Sneed, Titans agree to 4-year deal with $55M guaranteed after trade from Chiefs
The Chiefs gave L'Jarius Sneed the franchise tag this offseason.Yahoo Sports - Sports - NFL -
Jordan Montgomery to sign with Diamondbacks: Reigning NL champions agree to one-year, $25M deal, per report
Montgomery was dominant for the Rangers after being traded at the deadline in 2023CBS Sports - Sports - MLB -
Will Smith extension: Dodgers agree to 10-year, $140 million deal with All-Star catcher
Smith was due to hit free agency after the 2025 seasonCBS Sports - Sports - MLB -
UBS to sell $8bn of loans to Apollo
Deal follows move by Swiss bank to renegotiate terms of original sale of a business owned by Credit SuisseFinancial Times - Business -
Marvel Rivals - 'Rivals’ First Stand' | Official Announcement Trailer
Announcing Marvel Rivals, the Ultimate Super Hero Team-Based PVP Shooter!GameSpot - Tech -
UBS Pays CEO Sergio Ermotti $15.6 Million
The bank hailed his “excellent performance in a defining year” for Switzerland’s largest bank by assets. Ermotti was recruited last April to serve as CEO for a second time.The Wall Street Journal - World -
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 -
UBS Pays CEO Sergio Ermotti $15.6 Million for Answering 'Call of Duty'
UBS gave Chief Executive Sergio Ermotti a $13.6 million bonus, hailing his “excellent performance in a defining year” for Switzerland’s largest bank by assets.The Wall Street Journal - World -
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 -
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 -
Who can rescue Boeing?
David Gitlin, Stephanie Pope and Patrick Shanahan among possible contenders to succeed Dave CalhounFinancial Times - Business -
Nissan looks for partnerships to cut electric vehicle costs
Chief executive says ‘we cannot do this alone’ as carmaker responds to threat from Chinese rivalsFinancial Times - World -
AmexGBT buys rival CWT for $570mn in bet on business travel
Corporate travel booking business expects spending by larger companies to increase this yearFinancial Times - Business -
Amazon's New Focus: Fending Off Rivals Temu and Shein
The e-commerce companies with Chinese roots have, for now, replaced Walmart and Target as Amazon’s central competitive focus.The Wall Street Journal - Tech - Amazon -
Bitter rivals BC, BU could be on a Frozen Four collision course
Crosstown foes for more than 100 years, the Eagles and Terriers enter the NCAA tournament as the top two teams in the country.ESPN - Sports -
Marvel Rivals Is An Overwatch-Like 6v6 Shooter For PC, And Testing Starts Soon
You'll be able to throw down as Earth's mightiest heroes, and villains, in a free-to-play team-based competitive shooter coming soon. Marvel Rivals, from developer NetEase, will start rolling out in the form of an alpha test in May, with further ...GameSpot - Tech -
NetEase Games and Marvel Games unveil PvP superhero shooter Marvel Rivals
Marvel superheroes and villains will dive into 6v6 multiplayer battles in Marvel Rivals, the latest collaboration between NetEase Games and Marvel.VentureBeat - Tech -
Rashford’s England rivals circle as his United slump goes international
Out-of-form attacker was mostly overlooked by Southgate in friendlies as Bowen, Gordon and Maddison took their chance . Gareth Southgate did say. When the England manager announced his squad for the Wembley friendlies with Brazil and Belgium, he ...The Guardian - World -
Friends, Allies and Even Former Rivals Eulogize Joseph Lieberman
Al Gore, his running mate in the 2000 election, called him “a truly gifted leader, whose affable personality and strong will made him a force to be reckoned with.”The New York Times - Top stories -
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 -
How the Visa-Mastercard swipe-fee settlement could affect 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 -
UBS sends a wake-up call to take profits on an outperforming stock. We're heeding it
We had not taken profits in this outperforming stock since last summer. A Wall Street downgrade Wednesday served as a wake-up call to do so.CNBC - Business -
UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.CNBC - Business -
Visa, Mastercard Agree to Lower Swipe Fees in Settlement
Visa, Mastercard and the largest U.S. credit-card issuing banks have agreed to a settlement with merchants that have been suing them for nearly two decades.The Wall Street Journal - World -
Visa, Mastercard Agree to Lower Swipe Fees
The card networks would cap credit-card interchange fees for five years as part of a settlement with merchants.The Wall Street Journal - World