To Prevent Bank Runs Fix Bank Governance
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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 -
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 -
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 -
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 -
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 -
Thomas Friedman on Iran, Israel and Preventing a ‘Forever War’
“It’s the worst story I’ve ever covered.”The New York Times - Top stories - Israel -
Tesla Cybertruck recall: How owners can fix the potential safety problem
Tesla is recalling 3,878 model year 2024 Cybertrucks to fix a safety problem with the accelerator pedal pad.MarketWatch - Business - Tesla -
The economics of running
Does a hotter economy really make you faster?Financial Times - World -
SNP will form minority government if Greens end deal
Scottish Green members are to vote on whether to remain in government after the SNP ditched key climate change targets.BBC News - Top stories -
Long-Acting Drugs May Revolutionize H.I.V. Prevention and Treatment
New regimens in development, including once-weekly pills and semiannual shots, could help control the virus in hard-to-reach populations.The New York Times - Health -
Passing the national security supplemental is about preventing war with China
This national security supplemental is not just about Ukraine, Taiwan or any one democracy. It’s about deterring future conflict.The Hill - Politics - China -
China Orders Apple to Remove Popular Messaging Apps
WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand.The Wall Street Journal - Tech - China -
Attack blamed on IS militants kills 22 pro-government fighters in central Syria
An opposition war monitor and a pro-government media outlet say an attack on pro-government fighters by suspected members of the Islamic State group in central Syria killed 22 pro-government fightersABC News - World -
Extra 85,000 childcare places needed in England to meet government target
Official estimates come as ministers set out pilot scheme repurposing empty school spaceFinancial Times - World -
Government Contracts Are So Confusing That Congress Just Wrote a Bill to Simplify Them
As the small-business contracting base dwindles, simplifying the language within federal contracts might end up being a huge lift for entrepreneurs.Inc. - Business -
New York county loses bid to prevent state legal challenge of its ban on female transgender athletes
A federal judge has tossed out a lawsuit brought by a county outside New York City that has banned transgender players from women's and girls' teamsABC News - Health - New York -
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.The Wall Street Journal - World - China -
Apple removes WhatsApp and Threads from China store after order from government: WSJ
The removal from the app store means Chinese mobile users are unable to download and use it via VPNs, which allow users to get around the country’s firewalls.MarketWatch - Business - China -
Judge: Baffert-trained Muth can't run in Derby
A judge denied a request by the owners of Bob Baffert-trained Muth, the winner of the Kentucky Derby, for the colt to run in the 150th Kentucky Derby.ESPN - Sports -
Don’t let your pension run out of money
Drawdown investors need to be prepared for high inflation or a market crashFinancial Times - Business -
Juan Soto's 3-run homer in 5-run 7th inning lifts Yankees over Rays 5-3
Juan Soto hit a three-run homer into the right field second deck to cap a five-run seventh inning and the New York Yankees rallied to beat the Tampa Bay Rays 5-3ABC News - Sports - MLB -
Ghana’s newly imported train from Poland collides with lorry in test run
Yahoo News - World -
Oxford shuts down institute run by Elon Musk-backed philosopher
Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher says was ‘death by bureaucracy’. Oxford University this week shut down an academic institute run by one of Elon Musk’s favorite philosophers. The Future ...The Guardian - World -
Iran fires air defense batteries in several provinces, the state-run IRNA news agency reports, without elaborating
Iran fires air defense batteries in several provinces, the state-run IRNA news agency reports, without elaboratingABC News - World - Iran -
Italian court drops charges against migrant rescue ship crews and ends long-running legal battle
An Italian court has dismissed a long-running case against migrant rescue ship crews of three humanitarian organizationsABC News - World -
Owner of Bob Baffert-trained Arkansas Derby winner Muth appeals denial to run in the Kentucky Derby
Zedan Racing Stables has appealed a Kentucky Circuit Court ruling that denied its request for a temporary injunction seeking to allow Bob Baffert-trained Arkansas Derby winner Muth to race in next month’s 150th Kentucky Derby at Churchill DownsABC News - Sports -
McCarthy-aligned group running ads against Republicans who triggered his speaker ouster
Politico - Politics - Republican Party -
Kyle Freeland lands on IL but Rockies pitcher says injury was not related to base-running collision
Freeland, who hurt his shoulder as a pinch-runner, is on the injured list with an elbow issueCBS Sports - Sports -
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 -
Injured in a Russian strike, a 13-year-old Ukrainian girl runs to raise money
Yana Stepanenko, 13, ran 5K at the Boston marathon to show the courage and strength of Ukrainians and to raise money for a Ukrainian soldier.ABC News - Top stories - Ukraine -
Tyler Freeman hits a 2-run homer to help power the Guardians past the Athletics 10-2
Tyler Freeman hit a two-run homer and Steven Kwan and Andrés Giménez each drove in a pair, sending the Cleveland Guardians to a 10-2 victory over the Oakland AthleticsABC News - Sports - MLB -
Justin Verlander allows 2 runs over 6 innings in season debut for Astros in 5-3 win over Nats
Justin Verlander allowed two runs and four hits over six innings to win his season debut for the Houston Astros 5-3 over the Washington NationalsABC News - Sports - MLB -
EFL: QPR host Preston after Southampton lose in Championship; Vale and Fleetwood relegated
Follow live text updates from the EFL, as Leicester go top of the Championship, while Southampton's promotion hopes are hit by defeat.BBC News - Top stories -
'We really turned it on' - reaction after England score 14 tries v Ireland
Watch live BBC Two coverage and follow radio and text commentary as England host Ireland at Twickenham in the Women's Six Nations.BBC News - Top stories