Silicon Valley Bank Said It Was Too Small to Need Regulation Now It S Too Big to Fail Rebecca Burns and Julia Rock
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UBS chair says Swiss banking giant is not 'too big to fail'
Colm Kelleher also said UBS was one of the best-capitalized banks in Europe at the UBS Annual General Meeting.CNBC - Business -
Cyberattacks Keep Rising. Here's What Small Businesses Need to Know
The average cost of ransomware payments has reached $26,000, more than twice the average in 2021.Inc. - Business -
Rabbit’s AI Assistant Is Here. And Soon a Camera Wearable Will Be Too
WIRED went along to the company’s launch event where customers picked up the very first R1s and learned of an inbound “all-seeing” accompanying AI device.Wired - Tech -
German security agency warns firms not to be too naive with China
Yahoo News - World - China -
How Tesla's Full Robotics Push Could Change Your Company Too
Elon Musk just dropped hints about Tesla's robotaxi and humanoid robot efforts. If all goes well, both could change your workplace, and how you commute to it.Inc. - Business -
Angry farmers in a once-lush Mexican state target avocado orchards that suck up too much water
Yahoo News - World -
She was too sick for a traditional transplant. So she received a pig kidney and a heart pump
A New Jersey woman who was near death has received a transplanted pig kidney, part of a dramatic pair of surgeries that also stabilized her failing heartABC News - Tech -
Rock Crystal Is Back in (Watch) Style
While quartz has long been used in timepieces, new models by Chanel and Van Cleef & Arpels show it having a moment.The New York Times - Lifestyle -
UK regulator examines Microsoft and Amazon’s AI dealmaking
Request for comments into Big Tech’s alliances with artificial intelligence start-ups follows CMA study into fast-growing marketFinancial Times - Business - United Kingdom -
3 Reasons New Entrepreneurs Fail
Stop thinking like an employee and start being an entrepreneur.Inc. - Business -
8 Essential Websites and Resources for Hispanic Small Businesses
Hispanic entrepreneurs need not go it alone.Inc. - Business -
What Is a Magazine Now?
Highsnobiety is a store, a website, a production agency and a clothing line. Oh, and Pamela Anderson is on the latest cover.The New York Times - Lifestyle -
Microsoft, Amazon AI partnerships face scrutiny from British regulators
British antitrust regulators are seeking views on partnerships between Microsoft and Amazon with smaller generative AI model makers.CNBC - Business - Microsoft -
Boeing burns through $4bn in first quarter after door plug blowout
Results reflect slowdown of 737 Max production and compensation to customersFinancial Times - Business -
Main Street Banking Model Is Being Squeezed
First-quarter results at regional banks show the uneven toll of higher interest rates.The Wall Street Journal - World -
Tesla’s Musk answers one big question — but introduces many more
Tesla says it’s still focused on a lower-cost car, but UBS thinks many aspects are “still in flux.”MarketWatch - Business - Elon Musk -
China may have to brace for a new wave of bond defaults, S&P says
China might see a new wave of bond defaults as soon as next year — the third round in about a decade, according to an S&P Global Ratings report released Tuesday.CNBC - Business - China -
Charlize Theron, Michelle Williams and Naomi Watts Turn Out for Dior
This week, the musician Kim Gordon performed after a star-studded Dior runway show in Brooklyn. And, luminaries honored Tony Bennett during Jazz at Lincoln Center’s annual gala.The New York Times - Lifestyle -
One of Wall Street’s biggest bears hits pause on making calls on the S&P 500
One of Wall Street’s biggest bears is giving up on making S&P 500 calls, at least for now.MarketWatch - Business -
Tories need to learn to love London again
The capital votes for its mayor next week, but the Conservatives’ dissociation from the city means they seem set for failureFinancial Times - Business -
We need an exodus from Zionism | Naomi Klein
We don’t need or want the false idol of Zionism. We want freedom from the project that commits genocide in our name. I’ve been thinking about Moses, and his rage when he came down from the mount to find the Israelites worshipping a golden calf.. ...The Guardian - World -
Buttigieg: US needs more air traffic controllers
Transportation Secretary Pete Buttigieg said more air traffic controllers are needed to address the concerns of them being overworked. Buttigieg said the administration is requesting funding from Capitol Hill lawmakers to hire 2,000 additional ...The Hill - Politics -
German development agency to fund jobs initiative for West Bank
Yahoo News - World - Germany -
Hannon's Take: Fed Uncertainty Claims First Central Bank Victim
Bank Indonesia unexpectedly lifted interest rates as it looks to bolster its tumbling currency. It is unlikely to be the last amid a global pivot to the U.S. delaying rate cuts.The Wall Street Journal - World - Federal Reserve -
Sunak banks on defence to shore up dividing lines with Labour
Keir Starmer has so far avoided matching the Tories’ increased military spending commitmentFinancial Times - World -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Apple releases OpenELM: small, open source AI models designed to run on-device
In terms of performance, the OpenLLM results shared by Apple show that the new models perform fairly well, especially the one with 3 billion parameters.VentureBeat - Tech - US Open -
Heroic U.K. 6-year-old saves family from burning home ‘just at the right time’
On the afternoon of April 4, Olivia Patterson looked up from her neighbor’s backyard in North Yorkshire, England, and saw smoke billowing from the roof of her house.NBC News - Top stories -
Do you speak a ‘big’ global language? Here’s what my tiny language can teach you | Ana Schnabl
I’m one of the 2.5 million users of Slovene – and English and German speakers would do well to be curious about us. A couple of years ago, I received an invitation from a German cultural institution to present my debut short story collection, ...The Guardian - World -
I tried to become a local hero by rescuing a cat. I failed comprehensively | Arwa Mahdawi
I thought finding Karma – yes, that is the cat’s name – would make me beloved and cherished by my neighbourhood. Unfortunately, not so much. A couple of weeks ago I went to go see a woman about a cat. The woman was my neighbour (we’ll call her L) ...The Guardian - World -
MLB trends: Braves' aggression, Mariners' failed offseason gambit and Rockies' stunning futility record
Here's what's stood out as we approach the one-month mark of the 2024 MLB seasonCBS Sports - Sports - MLB -
Mega cheat sheet: Draft order, Kiper’s Big Board, mock drafts, and draft buzz
Who are the top prospects? What is the pick order? And what will happen in Round 1? We have you covered.ESPN - Sports -
What Is 5G Home Internet? Here’s Everything You Need to Know (2024)
Carriers are starting to offer home internet packages that rely on 5G cellular data service. We’ll help you decide if it’s right for you.Wired - Tech -
Elon Musk Needs Cheaper Teslas to Pay for Everything Else He Wants
Tesla’s plan for a more affordable model that might revive growth and cash flows has been accelerated at the expense of ambition.The Wall Street Journal - World - Elon Musk -
Portugal needs to ‘pay the costs’ of slavery and colonialism, says president
Critics of Marcelo Rebelo de Sousa say behind remarks is lack of national recognition that slavery should be discussed in schools. Portugal needs to “pay the costs” of slavery and other colonial-era crimes, the country’s president has said, in a ...The Guardian - World -
Met Gala 2024: A Guide to the Theme, Hosts and How to Watch
What’s the dress code, who’s hosting, who’s going and how to watch.The New York Times - Lifestyle -
Here's What Happens Now That TikTok Ban Has Passed
When President Biden signs a bill today, the newU.S. law requires the social media platform's Chinese parent company sell its assets within nine months.Inc. - Business - Tiktok -
Anne Hathaway is a secret Arsenal fan and now her reinvention is complete
Does the actor’s recent excited outburst in support of Arsenal FC reveal a deep love of the game – or a cynical bit of media massaging by a lukewarm star?. Anne Hathaway’s renaissance has been a wonderful thing to witness. For years now, the ...The Guardian - World -
Cicadas Are Emerging Now. How Do They Know When to Come Out?
Scientists are making computer models to better understand how the mysterious insects emerge collectively after more than a decade underground.The New York Times - Science -
3 smart life insurance moves seniors should make right now
Are you a senior considering your life insurance options now? Here are three smart approaches to consider.CBS News - Top stories