Biden World Bank Nominee Massive Private Sector Investment Needed to Alleviate Poverty Fight Climate Change
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The world needs a Five Eyes to fight modern slavery
Australia, Canada, New Zealand, the United Kingdom and the United States have shared intelligence via the Five Eyes alliance since the 1940s.The Hill - Politics -
Biden admin grants $830 million for climate change infrastructure impact
The Biden administration awarded $830 million Thursday to fund projects that will address the impact of climate change on America's aging infrastructure. Ali Zaidi, an assistant to the president and national climate adviser, joins CBS News with ...CBS News - Top stories - Joe Biden -
Morgan Stanley chief says ‘existential’ need for M&A will revive investment banking
Quarterly profits rise 14% after better than expected quarter for traders, investment banking and wealth management armFinancial Times - Business -
The Biden campaign and progressive groups are trying to change voters' apparent indifference to the administration's initiatives to address climate change.
The Biden campaign and progressive groups are trying to change voters’ apparent indifference to the administration’s initiatives to address climate change.The Wall Street Journal - World - Joe Biden -
World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says
Simon Stiell calls for reform at development banks to enable governments to provide more climate finance to developing world . The World Bank must take a “quantum leap” to provide new finance to tackle the climate crisis or face “climate-driven ...The Guardian - World - Climate -
The Paradox That's Supercharging Climate Change
Humanity needs to burn less fossil fuels. But that means fewer aerosols to help cool the planet—and a potential acceleration of global warming.Wired - Tech - Climate -
Experts: German transport sector misses climate target for third year
Yahoo News - World - Climate -
AI policy can’t ignore climate change: We need net zero AI emissions
AI requires a lot of computational capacity powered by electricity which, in turn, can generate additional emissions.The Hill - Politics - Artificial Intelligence -
Esprit in talks with private-equity firm for potential investments
Esprit is in talks with an international private equity firm regarding prospective investments as the fashion retailer struggles with its European business, which saw some of its units declaring insolvency.MarketWatch - Business -
Esprit in Talks With Private-Equity Firm for Potential Investments
The fashion retailer said the potential investor has expressed interest in a possible partnership.The Wall Street Journal - World -
Esprit in Talks With Private-Equity Firm for Potential Investments
The fashion retailer said the potential investor has expressed interest in a possible partnership.The Wall Street Journal - Business -
Banks Strike Back Against Private Credit
Wall Street banks are gaining back ground against nonbank lenders.The Wall Street Journal - World -
Princeton endowment chief sees ‘worst ever’ private equity climate
Outgoing Princo investment head says signs of improving liquidity could be ‘just a blip’Financial Times - World - Climate -
Macy's settles proxy fight with activist Arkhouse, adds two of the firm's nominees as directors
The reshuffle moves Macy's closer to a deal that could take the 165-year-old department store private.CNBC - Business -
4 Ways to Prepare Your Business for a Private Equity Investment
An infusion of PE capital can supercharge your company's growth, but finding a partner whose investment philosophy aligns with your vision is key.Inc. - Business -
Franklin Templeton Turns Toward Private Investing as Mutual-Fund Business Shrinks
After a string of acquisitions, the firm now manages more than $260 billion in alternative assets like private credit.The Wall Street Journal - World -
What Climate Change Looks Like in the Arctic
A polar explorer warns that we are running out of time to understand this unique environment.The Wall Street Journal - World - Climate -
Climate Change’s Hidden Costs Are the Most Damaging
We need to grapple with the many hidden, little understood, but highly damaging effects of climate change.The New York Times - Top stories - Climate -
Scotland to ditch key climate change target
The Scottish government is to scrap its flagship target of reducing greenhouse gas emissions by 75% by 2030.BBC News - Top stories - Climate -
Goldman Profit Jumps 28%, Fueled by Investment Banking
The results beat expectations, pushing shares up 3% premarket. Fees earned from underwriting boosted investment-banking revenue.The Wall Street Journal - World -
Investment Banking Bounceback Powers Big U.S. Lenders
Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected earnings thanks to strong consumer spending and a flurry of Wall Street activity.The Wall Street Journal - World -
Monaco private bank faces US lawsuit based on anti-mafia laws
The case against CMB centres on a long-running dispute between two Russian businessmen over a property dealFinancial Times - Business -
Ex-Shell CEO van Beurden joins KKR to advise on green investments
Dutchman led FTSE 100 group’s push into biofuels, hydrogen and renewable powerFinancial Times - Business -
China’s Nuclear Ambitions Have Changed the World
Should the U.S. forswear launching nukes first in combat?The New York Times - Top stories - China -
Can AI really change our material world?
Compounds produced by the technology challenge our idea of noveltyFinancial Times - Business -
Are octogenarian IMF and World Bank sprightly enough for the job?
Fragile recovery, low growth, global debt, AI, the climate … The organisations founded in 1944 have lots to talk about this week. There is likely to be a sense of relief when the International Monetary Fund and the World Bank hold their ...The Guardian - World -
Ajay Banga tries to build a better World Bank
Change is afoot at the international financial institution as delegates gather for the Spring meetings in WashingtonFinancial Times - World -
Climate change failings violate citizens’ rights, European court rules
Case was brought against Switzerland by a 2,000-strong group of womenFinancial Times - Business - Climate -
After climate tipping points, change will come slowly, then all at once
Climate scientists are beginning to worry we may be at a terrifying juncture, where the climate shifts dramatically from one state to another.The Hill - Politics - Climate -
Europe Rules That Insufficient Climate Change Action Is a Human Rights Violation
In a landmark ruling, the European Court of Human Rights found that Switzerland had not done enough to protect its citizens from climate change—blowing open the door for further cases against governments.Wired - Tech - Climate -
How climate change is beginning to be built into employee pay and benefits
Companies are facing questions from workers over their role in climate change. Aligning employee pay and benefits with environmental concerns is an option.CNBC - Business - Climate -
World’s coal power capacity rises despite climate warnings
Increase of 2% last year driven by plant expansion in China and slowdown in US and Europe closures. The world’s coal power capacity grew for the first time since 2019 last year, despite warnings that coal plants need to close at a rate of at least ...The Guardian - World - Climate -
Climate crisis: average world incomes to drop by nearly a fifth by 2050
Cost of environmental damage will be six times higher than price of limiting global heating to 2C, study finds. Average incomes will fall by almost a fifth within the next 26 years as a result of the climate crisis, according to a study that ...The Guardian - World - Climate -
Banks Made Big Climate Promises. A New Study Doubts They Work.
Using European Central Bank lending data, researchers said there was not evidence that voluntary commitments were effective in reducing emissions.The New York Times - Business - Climate -
'Anomaly' Dixon set for 'fairytale' world title fight
A gym behind a non-league football club may not be the typical place to prepare for a world title fight - but Rhiannon Dixon has always done things differently.BBC News - Top stories -
Goldman Sachs tops first-quarter estimates fueled by trading, investment banking
Goldman CEO David Solomon has taken his lumps in the past year, but a turnaround appears to be underway, fueled by a rebound in Wall Street activities.CNBC - Business -
Morgan Stanley Earnings Rise on Higher Investment Banking Revenue
The company’s profit rose 14%, as investment banking received a boost from stronger equity and debt underwriting. Shares rose 2.7% premarket.The Wall Street Journal - World -
Morgan Stanley tops expectations on wealth management, trading and investment banking results
How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?CNBC - Business -
UFC 300 fight card -- Alex Pereira vs. Jamahl Hill: Five biggest storylines to watch for in Las Vegas
The promotion is heading back to Sin City for a celebration with a massive fight cardCBS Sports - Sports - UFC -
UFC 300: Anticipation builds, no one goes unscathed
As anticipation builds, the battle-scarred fighters all gathered on one stage, reminding fans that no one moves through this sport unscathed.Yahoo Sports - Sports - UFC