Goldman Sachs Is in Discussions to Sell Its Specialty Lender Greensky to A Group of Investment Firms in A Major Step Away from Its Failed Experiment in Consumer Lending
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Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - 41m -
Johnson backs away from go-it-alone debt ceiling plan
Politico - 19h -
Goldman Sachs to deepen exposure to booming private credit industry
Wall Street bank is building new unit to service and compete with private investment firmsFinancial Times - 2d -
An investing experiment let traders see headlines a day in advance—1 in 6 of them went broke
A study from financial firm Elm Wealth let traders see newspaper headlines a day in advance. The average gain: just 3.2%.CNBC - 2d -
U.S. stocks are falling. Here’s why Goldman says to stay invested in 2025.
Here’s why it worth staying invested in the U.S. stock market despite the recent rout and higher bond yields, according to Goldman Sachs Group’s wealth-management businessMarketWatch - 2d -
Trump’s trade coercion will harm the US and its allies
Greenland gambit suggests the country is now a threat to as much as a guarantor of securityFinancial Times - 2d -
Congo says several towns recaptured from rebels but fighting intensifies in its east
The Congolese army says several towns that fell to armed groups in the eastern North Kivu and South Kivu provinces have been recaptured by government forcesABC News - 2d -
America must act to secure its ‘legacy chips’ from China and other competitors
As demand for connected devices and digital technologies continues to increase, so does the need for trusted and secure chips. Legacy chips are one important piece of that puzzle.The Hill - 3d -
A French Cathedral Turned to Hams to Restore Its Organ
A dispute over a project to cure hams in a bell tower underscored the difficulties that churches in France face trying to pay for restorations.The New York Times - 3d -
Why SEC Basketball Is Its Own Worst Enemy
The conference’s superiority this season also ensures something else: carnage, a columnist for The Athletic writes.The New York Times - 4d -
Nvidia’s stock is down 9% from its recent record. That shows the short term is winning out for now.
Nvidia’s stock is off 9% from an all-time high hit earlier this week, with investors focused more on the here and now than on new eye-popping projections of market opportunity.MarketWatch - 4d -
Chinese lenders have a massive challenge: They can't lend enough
Chinese onshore banks and funds have flocked to government bonds amid a gloomy economic outlook as hopes for meaningful policy push fade.CNBC - 5d -
Earth records its hottest year ever in 2024 and passes major climate threshold
Earth records its hottest year ever in 2024 and passes major climate thresholdABC News - 5d -
Toyota rethinks its bet on hydrogen
The world’s largest carmaker is pivoting to commercial vehicles after passenger cars fail to gain tractionFinancial Times - 5d -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - 5d -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - 5d -
Egypt Sees Its Refugees as a Scapegoat and an Opportunity
Palestinians, Sudanese and Syrians fleeing war have found a home in the country. But Cairo says newcomers are straining resources and is seeking financial help from the West.The New York Times - 5d -
USTR warns of risks from online pharmacies in its 'notorious markets' report
An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are ...ABC News - 6d -
How the tell-nothing sport documentary craze failed its viewers
Wayne Rooney’s exit was a reminder of how common the fly-on-the-wall club documentary has become. The age of perpetual content is upon us, and it is viciously uninteresting. Won’t someone think of ...The Guardian - 6d -
Clippers' Kawhi Leonard stepping away from team to be with family evacuated from L.A. wildfires, per report
As of Wednesday, 70,000 residents have been ordered to evacuate Los Angeles CountyCBS Sports - 6d -
Kawhi Leonard stepping away from Clippers to be with family impacted by Los Angeles fires
Kawhi Leonard's family is safe in Los Angeles after having to evacuate due to the fires in the region this week.Yahoo Sports - 6d -
Meta's shift to "Community Notes" and its implications
Nick Thompson, CEO of "The Atlantic" and former editor-in-chief of "Wired," discusses the consequences of Meta's decision to end its fact-checking program and the rise of self-policing in a ...CBS News - 6d -
Apple executives discuss potential investment in Indonesia
Yahoo News - Jan. 8 -
Late Night Jokes Its Way From Canada to the ‘Gulf of America’
“We have been so concerned about all the scary things that Trump’s going to do, we forgot he’s also going to do some really stupid things,” Desi Lydic said on “The Daily Show.”The New York Times - Jan. 8 -
Meta to end fact-checking on its platforms
Mark Zuckerberg announced Tuesday that Meta is ending its fact-checking program for its platforms, which include Instagram and Facebook. President-elect Donald Trump said Tuesday he believed the ...CBS News - Jan. 7 -
Lotte Group taps Arbitrum for Web3 entertainment experiences
Lotte Group, a big five conglomerate in South Korea, said at CES 2025 that it has picked the Arbitrum blockchain for its Lotte Caliverse.VentureBeat - Jan. 7 -
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...The Hill - Jan. 7 -
Ditching of Facebook factcheckers a ‘major step back’ for public discourse, critics say
Mark Zuckerberg’s decision regarding Meta platforms condemned as ‘a full bending of the knee’ to Donald Trump. Mark Zuckerberg’s decision to ditch factcheckers on Facebook and “prioritise free ...The Guardian - Jan. 7 -
Exxon sues California attorney general, environmental groups for disparaging its recycling initiatives
ExxonMobil on Monday sued California Attorney General Rob Bonta (D) and a group of environmental activist groups, alleging they colluded on a campaign of defamation against the oil giant’s plastic ...The Hill - Jan. 7 -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - Jan. 7 -
Reading group discussion guide for Oprah's book club pick, "A New Earth"
Dive deeper into Eckhart Tolle's transformative book, "A New Earth: Awakening to Your Life's Purpose," with our comprehensive reader's guide.CBS News - Jan. 7 -
Carvana gets its first upgrade since Hindenburg short-selling report
Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker upgrade since then which says the controversy has sparked a buying ...MarketWatch - Jan. 7 -
TGL’s success will ride on its players, not its technology
Technology will draw curious eyeballs, but there has to be a human component to keep viewers coming back.Yahoo Sports - Jan. 7 -
Beijing-based cyber group protests US sanctions for its alleged role in hacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructureABC News - Jan. 6 -
Trump is pondering a shake-up of NASA and its programs
A five-person committee within the Trump transition team is mulling over policy suggestions that represent major changes to the way the space agency operates.The Hill - Jan. 5 -
Is It Time for the N.F.L. to Rethink Its Playoff Format?
On Sunday, the Lions and Vikings face off to determine the N.F.C. No. 1 seed. The loser plays the first round on the road.The New York Times - Jan. 4 -
Don’t take away jobs from intellectually disabled workers
For years, disagreements have raged within the disability community regarding the federal Special Minimum Wage.The Hill - Jan. 4 -
Andrew Garfield on weepie rom-com We Live in Time: ‘I love that this film wears its heart on its sleeve’
Take a hanky to this film – you’ll laugh and you might well cry. Andrew Garfield and the director John Crowley talk about portraying grief on screen so it rings true. It’s no spoiler to say that We ...The Guardian - Jan. 3 -
Europe needs to tackle its red tape problem
Complex overlapping rules and burdensome reporting requirements are strangling EU growthFinancial Times - Jan. 2 -
Neumora Therapeutics’ stock craters after trial of major depressive disorder fails to meet main goals
The news is a setback for the clinical-stage biotech and a drug that proved successful in earlier trials.MarketWatch - Jan. 2
