Silicon Valley Bank Failure Having Worldwide Repercussions
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Wait, When Did the Schlubs of Silicon Valley Learn to Dress?
Tech moguls trade hoodies for conventional style amid fresh scrutiny of the industry; dressing down “is so played out.”The Wall Street Journal - World -
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
Anduril Industries’ Palmer Luckey is leading the start-ups infiltrating the US government’s war machineFinancial Times - Business -
Dry conditions that have affected energy output worldwide are forcing Canada's Hydro-Québec, one of the biggest of hydropower producers, to cut exports.
Dry conditions that have affected energy output worldwide are forcing Canada’s Hydro-Québec, one of the biggest of hydropower producers, to cut exports.The Wall Street Journal - World -
The Lone Volcano in California’s Central Valley
Often called “the world’s smallest mountain range,” the Sutter Buttes are an unlikely and beloved landmark in one of the flattest parts of the state.The New York Times - Top stories - California -
I ran 'toughest race' to inspire women worldwide
Jasmin Paris made history by becoming the first woman to finish the gruelling 100-mile Barkley Marathons.BBC News - Top stories -
A Lesson in DEI Failure From Britain
‘Diversity, equity and inclusion’ costs billions and doesn’t work.The Wall Street Journal - World - United Kingdom -
8 Best Lubes (2024): Water-Based, Silicone, and Dispensers
For the most sensitive parts of the human body, friction is the enemy. Here’s how to keep it at bay.Wired - Tech -
Worldwide support pours in for Kate, the Princess of Wales, after shocking cancer reveal
Support has poured in from around the world for Kate, the Princess of Wales, after she revealed in a candid video message that she is undergoing chemotherapy for cancer following major abdominal surgeryABC News - World -
Apple announces Worldwide Developers Conference dates, in-person event
Apple has announced their annual developers conference will take place June 10 through June 14ABC News - Tech - Apple -
Weary of rebuilding, residents of German valley feel flat post floods
Yahoo News - World - Germany -
Stardew Valley’s 1.6 Update Is Out—Here’s Some of the Biggest Changes (2024)
The popular farming game’s major update includes a new farm type, new events, and a massive multiplayer option.Wired - Tech -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Military leaders worry about U.S. failure to ratify Law of the Sea treaty
For years, the U.S. has failed to ratify the U.N.'s Law of the Sea treaty that covers deep sea mining. Absent America, China is set to dominate the new industry that could start next year.CBS News - Top stories -
John Carpenter on horror classic The Thing: ‘It was an enormous failure and I got fired’
‘Audiences hated the ending. They wanted to know who the Thing was. But I don’t care. That’s how I wanted it’. . . One of my favourite films was The Thing From Another World. The idea of remaking it was daunting but exciting. This was also my ...The Guardian - World -
Americans pay a steep economic price for Washington’s failure to confront Russia and Iran
Long-term consequences from short-sighted policies in Europe, the Middle East and China.MarketWatch - Business - Iran -
A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investorsABC News - Tech - Crypto -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Beware of 'bank jugging' this tax season, police warn
Police are warning the public about "bank jugging" this tax season.The Hill - Politics -
Australia bank CEOs call for a fix to housing shortage
Yahoo News - World - Australia -
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.The Wall Street Journal - World - China -
Inflation Requires Caution for Brazil's Central Bank
Brazil’s central bank may have room to keep easing monetary policy gradually, but “core-services inflation underlying dynamics merit attention,” Goldman Sachs’ Alberto Ramos says.The Wall Street Journal - World - Inflation -
Treasury staff worked at bank linked to China state
The Treasury says the secondment scheme deepens ties with Asia and boosts British business.BBC News - Top stories - China -
China’s property turmoil hits midsized bank Everbright
Regional lender’s shares fall after profits miss estimates due to investment losses and increase in cash set aside for bad debtsFinancial Times - World - China -
Nikkei Rises 0.5%, Led by Machinery, Real-Estate Stocks
Japanese stocks ended higher, led by machinery and real-estate stocks, after signs of U.S. economic strength and selloffs related to the ex-dividend date on Thursday.The Wall Street Journal - World -
Moscow Concert Hall Shooting: Security Questions Emerge as First Charges Are Filed in Russia Attack
Russian officials formally charged four men in the attack, which killed at least 137 people at a Moscow-area concert hall on Friday. American officials blamed a branch of the Islamic State.The New York Times - World - Russia -
Putin’s lethally negligent failure can’t be covered up. The Moscow attack leaves him weaker than ever | Simon Tisdall
The mask of invincibility is slipping ever further, and eventually that will matter. This debacle won’t be forgiven or forgotten. Each time Vladimir Putin messes up, the same question is asked: will it make any difference? Last week’s terrorist ...The Guardian - World -
Councils now sell off more houses than they build. Thatcher’s legacy, right to buy, is a failure
The right still reveres her flagship policy, but the repercussions are more homelessness, spiralling rents and bankrupt councils. Of all the policies imposed on Britain by Conservative governments, few have reshaped the country’s fortunes as ...The Guardian - World -
French PM backs school head who faced death threats after Muslim veil row
Gabriel Attal says state will file a complaint against student over accusation against principal who had to resign for his safety. The French prime minister, Gabriel Attal, has defended French secularism following the resignation of a Paris school ...The Guardian - World - France -
Government's failure to find a lasting solution to immigration enforcement at the southern U.S. border has led to a chaotic status quo that threatens a range of domestic goals.
Government’s failure to find a lasting solution to immigration enforcement at the southern U.S. border has led to a chaotic status quo that threatens a range of domestic goals.The Wall Street Journal - World -
Extremism endangers Germany's prosperity, warns central bank chief
Yahoo News - World -
As Gaza is destroyed, Israel is killing dozens of children in the West Bank
A 12-year-old Palestinian boy was shot while lighting a firework. ‘Cases like these happen quite regularly, but no one’s hearing about them,’ according to the Israeli rights group B’Tselem. “The depth of the horror surpasses our ability to ...The Guardian - World - Israel -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Polish central bank chief seeks truce with Tusk over ‘idiotic’ accusations
Adam Glapiński insists he did not abuse his powers in bid to keep Law and Justice party in powerFinancial Times - World -
Swiss find Lebanon’s biggest bank guilty of serious money laundering breaches
Finma uncovers millions of francs in unexplained payments by Banque Audi to senior political figuresFinancial Times - Business -
AI-powered fraudsters are overwhelming bank defenses, Treasury report says
U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury ...MarketWatch - Business -
South Carolina wants answers about $1.8 billion sitting in a bank
Accountants are trying to figure out where the $1.8 billion in cash came from and where it was supposed to go.CBS News - Top stories -
Three dead after Israeli army operation and clashes in the West Bank
Yahoo News - World - Israel