Deutsche Bank Shares Drop Amid Global Jitters over Banks
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Can banks really fix the climate crisis?
New research suggests that their green commitments are not paying off yetFinancial Times - Business - Climate -
Safra private bank assembles new dealmaking team for ultra-rich clients
J Safra Sarasin taps BoA and Goldman Sachs as it looks to expand into advising on M&A and equity capital raisesFinancial Times - Business -
Right-wing Israelis block aid to Gaza coming from the West Bank
Yahoo News - World - Israel -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
'ChiefsAholic,' superfan imprisoned for bank robbery, to be featured in upcoming documentary produced by Drake
Yes, you read that rightCBS Sports - Sports -
Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again
A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.The New York Times - Business -
Argentina’s central bank lowers interest rates as inflation cools
Financial Times - Business - Argentina -
Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.CNBC - Business -
Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.CNBC - Business -
Apple Taking Vision Pro Headset Global
Reports say international stores are sending workers to Cupertino to learn the new gear and sell it worldwide after Apple'sWorldwide Developers Conference in June.Inc. - Business - Apple -
Global violence causing record numbers of internally displaced people
Conflicts in Gaza, Sudan and the Democratic Republic of the Congo have led to a total of 68m IDPs across the world. Conflict has forced more than 68 million people to leave their homes as of the end of 2023 – the highest figure since data became ...The Guardian - World -
China says Russian President Vladimir Putin will make a 2-day state visit this week amid closer ties over Ukraine war
China says Russian President Vladimir Putin will make a 2-day state visit this week amid closer ties over Ukraine warABC News - World - China -
Why are GameStop shares on the rise again?
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to ...CBS News - Top stories -
GameStop shares surge for a second day
GameStop shares rallied in premarket trade for a second day on Tuesday, extending gains when the investor most linked to the company’s 2021 explosion had a social-media post for the first time in three years.MarketWatch - Business -
Nikkei May Rise on Hopes for Fed Rate Cuts
Japanese stocks may rise amid continued hopes for Fed rate cuts later this year.The Wall Street Journal - World - Federal Reserve -
GameStop, AMC Shares Soar as Meme-Stock Comeback Continues
Both stocks added about 40% premarket and were among the most heavily traded shares in off-hours action.The Wall Street Journal - World -
GameStop and AMC Shares Soar as Meme Stock Revival Continues
A heady market rally extended to a second day after Keith Gill, the trader known as Roaring Kitty who rallied small investors to buy out-of-favor stocks in the pandemic, returned to social media.The New York Times - Business -
Delivery Hero shares rally on deal to sell Taiwan business, and a stake, to Uber
Delivery Hero shares rallied Tuesday as the German-listed food delivery company agreed to sell its Taiwan business, and a minority stake, to Uber Technologies.MarketWatch - Business -
GameStop jumps for a second day, but ends session well off highs as meme enthusiasm starts to fade
The meme stock rally kicked off by "Roaring Kitty" continued for a second day as shares from GameStop, AMC, Blackberry and Koss soared.CNBC - Business -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Labour faces non-dom ‘black hole’, Tories claim
Treasury analysis suggests inheritance tax measure will raise hundreds of millions less than expectedFinancial Times - Business -
GameStop and AMC shares surge for second day in ‘meme stock’ revival
Video game retailer climbs more than 50%, while cinema chain up more than 20%Financial Times - Business -
‘We couldn’t find people to work’: Co-Op Live investor blames labour shortages for arena woes
Tim Leiweke describes ‘hell’ of past few weeks as £365mn venue opens at fourth attemptFinancial Times - Business -
Paramount shares fall on report that Sony is reconsidering its bid
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer’s merger drama.MarketWatch - Business -
Plans to criminalise UK rough sleepers dropped after backlash
Measures would have seen homeless people prosecuted for ‘excessive smell’Financial Times - Business - United Kingdom -
Harris drops "F-bomb" while encouraging Asian Americans to break barriers
Vice President Kamala Harris was participating in a conversation moderated by actor and comedian Jimmy O. Yang.CBS News - Politics -
Childish Gambino drops 'Atavista,' the 'finished version' of '3.15.20,' and announces tour
Childish Gambino (a.k.a. Donald Glover) released the 'finished' version of his 2020 album '3.15.20' on Sunday as 'Atavista' and will take the music on a world tour.Los Angeles Times - Entertainment