Cost of living: Cash bonuses behind record number of bank switches
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The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Behind the doors of an almshouse in Brixton
Photographer Jim Grover's latest exhibition, Behind the Blue Doors, looks at the history of an almshouse in Brixton.BBC News - Top stories -
Bitcoin Miners Brace for the ‘Halving’—and Race to Cash In
The Bitcoin halving is imminent. Crypto mining companies are reaching for every trick in the book to survive it.Wired - Tech - Crypto -
A College Quarterback Switched Positions. It Changed His Career.
Luke McCaffrey is an intriguing N.F.L. prospect after making the move to wide receiver at Rice.The New York Times - Sports -
Why Employee Bonuses Do Not Work (and What to Do Instead)
How a cash bonus program gone wrong inspired me to implement more effective solutions tied to core values and behaviors.Inc. - Business -
NBA Players to Split $34 Million for 2024 Playoff Bonuses
NBA players have the highest salaries in U.S. pro sports by a wide margin. The same holds true come playoff time. Players on NBA playoff teams will divvy up $33.7 million this season, with each team receiving a chunk based on how far their teams ...Yahoo Sports - Sports - NBA -
Netflix to stop reporting quarterly subscriber numbers in 2025
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.CBS News - Entertainment - Netflix -
6 reasons to tap into your home equity for cash right now
It can make sense to borrow from your home's equity in today's rate environment. Here's why.CBS News - Top stories -
Letting grass grow long boosts butterfly numbers, UK study proves
Analysis of 60o gardens shows wilder lawns feed caterpillars and create breeding habitat. Good news for lazy gardeners: one labour-saving tweak could almost double the number of butterflies in your garden, according to a new scientific study – let ...The Guardian - World - United Kingdom -
Something strange has been happening with jobless claims numbers lately
For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.CNBC - Business -
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FA Cup replays fall victim to scramble for cash and chaotic decision-making | Paul MacInnes
FA’s latest move reflects a further weakening of the game’s heritage and will only boost the argument for independent regulation. If you had been following the back pages over the past few months the changes to the format of the FA Cup would not ...The Guardian - World -
Like hitting a tire with a nail-spiked baseball: Jurrangelo Cijntje and the mastery of switch-pitching
You don't see switch-pitchers every day. Mississippi State's Jurrangelo Cijntje details how he became one of the few.ESPN - Sports -
This Michelin-Star Chef Switched to a Plant-Based Menu. Then It Blew Up in His Face
Daniel Humm courted disaster when he leaned into sustainability and reinvented Eleven Madison Park with a vegan menu.Inc. - Business -
Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.
Auto insurance costs are up more than 22% since this time last year. It may be time to take that defensive driving course and bank the discount.NBC News - Top stories -
Robert Kraft should be thanking Bill Belichick, not talking behind his back
Bill Belichick is not owed a coaching job, but the least he could ask for is the support of a guy he helped make richer and more famous.Yahoo Sports - Sports -
The Unlikely Force Behind a Push to Legalize ‘Shrooms’ in New York
A lobbying effort led in part by religious groups has state lawmakers considering two different measures that would legalize psilocybin, a drug known as “magic mushrooms.”The New York Times - Top stories - New York -
Paris police detain man behind reported bomb threat at Iran consulate
Paris police cordoned off an area around an Iranian consulate amid reports of a man threatening to detonate a bomb, but a suspect was quickly detained.CBS News - World - Iran -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
Netflix's Subscriber Numbers Soar After its Password Sharing Crackdown. But What Next?
The password crackdown may have annoyed many subscribers last year, but it's helping to usher Netflix into its comfortable middle-age years as a market juggernaut.Inc. - Business - Netflix -
2 mayoral candidates killed in Mexico, bringing the number slain so far to 17
Two mayoral candidates in Mexico have been killed, bringing to 17 the number of contenders slain in the lead-up to the June 2 electionsABC News - World -
Undergarments for the Ultrawealthy
Cadolle, a maker of corsets favored by designers like John Galliano and labels like Dior, is known for custom underpinnings that can cost thousands of dollars.The New York Times - Lifestyle -
China Hits U.S. With Levy on Chemical as Trade Tensions Rise
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.The Wall Street Journal - World - China -
Foreign aid legislation advances, but could cost Speaker Mike Johnson
The House Rules Committee advanced a foreign aid package that provides billions in stalled security funding for Ukraine, Israel and Taiwan, steering the measures closer toward passage this weekend. The legislation had been tied up for weeks. The ...CBS News - Politics -
Boris Johnson broke rules over hedge fund behind Venezuela trip, says watchdog
Former UK prime minister accused of being ‘evasive’ about relationship with Merlyn AdvisorsFinancial Times - Business - United Kingdom -
Pat Tillman's mother recalls command blunders behind ex-Cardinals safety's death
Twenty years after Pat Tillman's death, his mom reflects on bad command decisions and false narratives.ESPN - Sports -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
The world is already committed to warming that will undercut the global economy by 20 percent between now and 2050. That’s six times the price of limiting warming to 2 degrees Celsius.Wired - Tech -
Nike discloses ‘second phase’ of job cuts at its headquarters amid cost-savings efforts
More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28, the company said.MarketWatch - Business -
Nigerian attempts to break chess marathon record
The 29-year-old chess master hopes raise $1m for charity by playing for 58 consecutive hours.BBC News - Top stories -
Dubai struggles to recover from record flooding event
Earlier this week, a staggering 10 inches of rain fell in the United Arab Emirates, the most the UAE has seen in a single storm in 75 years. The rainfall shuttered schools, destroyed homes and cripped Dubai International Airport, the world's ...CBS News - World -
Transfer portal live updates: Who's in, who's out
We're tracking the latest on who intends to transfer to new schools for the 2024 season.ESPN - Sports