Credit Suisse Shares Slide after Ubs Buys It for $32 Billion
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A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.The Wall Street Journal - World -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Driver dead after vehicle plunges over 200-foot cliff along Highway 1 near Devil's Slide
A driver died after his vehicle plunged over a cliff along Highway 1 on the San Francisco Peninsula coast between Pacifica and Half Moon Bay Thursday.CBS News - Top stories -
Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
Shares of Paramount Global were trading higher following a report that Sony’s movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.MarketWatch - Business -
Josh Allen shares what he texted Stefon Diggs after Bills traded the star wide receiver to Texans
Allen opened up about his former teammateCBS Sports - Sports - NFL -
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 -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
The $1.7 Billion Railway That Could Challenge China's Influence in Africa
A U.S.-backed railway connecting Angola to the Democratic Republic of Congo is part of a pushback against China’s Belt and Road initiative in Africa. The $1.7 billion Lobito Corridor project aims to secure vital mineral supply chains.The Wall Street Journal - World - China -
Biden Weighs More Than $1 Billion in New Arms for Israel
The Biden administration is considering supplying tank shells, mortars and vehicles in one of the largest transfers since the start of the war in Gaza.The Wall Street Journal - World - Joe Biden -
Aubrey Kingsbury credits Washington Spirit owner Michele Kang's 'leadership' and 'vision' for team's success
The Spirit host NJ/NY Gotham on Saturday on CBS in an NWSL showdownCBS Sports - Sports -
Sony in Talks to Join a Bid to Buy Paramount
The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.The New York Times - Business -
Don't force drivers to buy AM radios
One of the principal tenets of progress and innovation is that we are not tethered to old technology. For example, when consumers purchase the latest smartphone that can connect to the internet or download applications, they are not forced to buy ...The Hill - Politics -
Sony In Talks To Join Bid To Buy Paramount - Report
In the race to acquire Paramount, Skydance Media still has the inside track. But there may be more players pulling up in the rearview. According to The New York Times, an investment firm, Apollo Global Management, is in talks with Sony Pictures ...GameSpot - Tech -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Google streamlines structure to speed up AI efforts
Teams tackling artificial intelligence models unified under leadership of DeepMind founder Demis HassabisFinancial Times - Business - Google -
Israel launches calibrated retaliatory strikes against Iran
Officials and diplomats indicate attacks were limited and sought to avoid full-blown escalationFinancial Times - Business - Iran -
Will Rishi Sunak be crushed by the May 2 local elections?
Tory MPs believe PM could face no-confidence vote if party loses crucial mayoralties and hundreds of council seatsFinancial Times - Business -
Best Buy Members Get Access To Exclusive Deals This Weekend
Best Buy is offering exclusive deals to its My Best Buy Plus and Total members, giving them a chance to score dozens of today's hottest gadgets at some of the lowest prices of the year. The event ends Sunday, so you have plenty of time to explore ...GameSpot - Tech -
Tesla’s stock keeps getting cheaper — and Cathie Wood’s ETFs keep buying it
ARK Invest ETFs bought roughly $26 million of Tesla stock in the past three days, and more than $100 million in April.MarketWatch - Business -
Reality Stars Share Their Hopes of Joining ‘The Traitors’ Cast
Reality stars and other people with some degree of fame are making no secret of their hopes to join the next cast of the hit show “The Traitors.”The New York Times - Lifestyle -
Family 'appalled' officer shared dead body pictures
Photos of Paul Wells, who was stabbed to death by his neighbour, were shared by former PC Lewis Wood.BBC News - Top stories -
Shares of Walmart-Backed Ibotta Soar on Public Debut
The digital marketing and pricing promotions company ended its first day of trading with a market value of over $3 billion, joining a growing list of tech IPOs.Inc. - Business -
Tesla’s stock suffers sixth straight slide as Cybertruck recall is announced
Tesla must recall nearly 4,000 Cybertruck vehicles due to potential problems with their accelerator pedals.MarketWatch - Business -
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.The Wall Street Journal - World -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
Why buying stocks in this hot sector may turn out to be a money-losing bet
The semiconductor industry has been soaring; that won’t last forever.MarketWatch - Business -
North Korea is buying Chinese surveillance cameras in a push to tighten control, report says
A report from the website 38 North says that North Korea is putting surveillance cameras in schools and workplaces in a technology-driven push to monitor its population even more closelyABC News - Tech - North Korea -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Here's why it could be better to buy Series I bonds before May, experts say
Series I bonds could fall below 5% in May. Here's the best time for long-term investors to buy.CNBC - Business -
What is pickleball? What you need to know and buy to play America's fastest growing sport
What is pickleball, and what do you need to play? Here's the lowdown on the recreational and competitive sport.CBS Sports - Sports -
Video of officials signing bilateral agreement falsely shared as 'Indonesia paying off debts to China'
Yahoo News - World -
Trump Media CEO Asks Nasdaq to Help Enforce Short-Selling Rules
Shares of Truth Social’s parent are up about 10% premarket, setting up another volatile session. Trump Media’s CEO asked for helping in preventing illegal naked short selling.The Wall Street Journal - World - Donald Trump -
Self-made millionaire who retired at 35 shares his No. 1 money regret: I was doing the 'bare minimum'
Everything worked out for Steve Adcock, but he still wishes he has invested a larger portion of his income at an earlier age.CNBC - Business -
Tom Brady fuels NFL comeback speculation by sharing video of himself working out shirtless
Brady is staying in shapeCBS Sports - Sports - NFL -
After the Affair, the Reckoning
While I was with our new baby, my husband was with another woman.The New York Times - Lifestyle -
Asia Markets Fall After Israeli Strike on Iran
Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.The Wall Street Journal - World - Israel -
Toddler 'doing great' after Ukraine brain surgery
Rachel Gribben, 3, is getting ready to return to pre-school after spending three weeks in Lviv.BBC News - Top stories - Ukraine -
Disruptions continue at Dubai airport after unprecedented rainfall
Yahoo News - World -
WSJ Dollar Index Rises 0.3% This Week
The dollar was flat Friday but edged 0.3% higher on the week, marking a second-straight weekly gain.The Wall Street Journal - World