News BreaK Search: Finance
'Nobody has a clue what happens next': Industry insiders react to Credit Suisse's rescue takeover by UBS
Credit Suisse was bought by UBS over the weekend in a deal pushed by Swiss regulators. Fabrice Coffrini/AFP/Getty Images) A deal to sell Credit Suisse to UBS was struck on...
15 minutes ago - Business Insider - 10 articles
The Fed has to choose between generational inflation or the first banking crisis since 2008, finance professor says
"Let me just say I would not want to be a Fed policymaker right now."
33 minutes ago - Fortune
Finance YouTubers who promoted FTX handed a $1billion lawsuit
The suit follows similar action against celebrity endorsers of FTX like Tom Brady and Madonna.
33 minutes ago - Fortune
UBS' dramatic takeover of Credit Suisse was the deal neither bank wanted. Here's some of the passive-aggressive digs from both sides
UBS CEO Ralph Hamers. Arnd Wiegmann/Reuters UBS acquired Credit Suisse in a rescue takeover over the weekend. But Credit Suisse didn't want to be rescued, and UBS didn't want...
51 minutes ago - Business Insider - 10 articles
Amazon is slashing 9,000 more workers amid a layoff wave that has expanded past tech to include bellwethers like Dow and 3M. Here's the full list of major US companies making cuts in 2023
In a memo sent to employees on Monday, Amazon's CEO Andy Jassy said the company would be eliminating 9,000 positions from its ranks. Mike Blake/Reuters Amazon, Meta, and...
1 hour ago - Business Insider - 7 articles
Credit Suisse's $3.2 billion cut-price sale signals an ongoing crisis that could expose unicorn fintechs
Credit Suisse's collapse will prompt deep soul-searching for neobanks. Arnd Wiegmann/Getty Images The firesale of Credit Suisse to UBS is putting the banking world on high...
1 hour ago - Business Insider - 10 articles
Bitcoin soars to a 9-month high after Credit Suisse takeover fails to calm banking fears
Bitcoin. Photo by Getty Images Bitcoin hit a nine-month high before reversing on Monday amid fears of an ongoing banking crisis. Credit Suisse was acquired by UBS in a deal...
2 hours ago - Business Insider - 10 articles
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil
GENEVA - Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking...
4 hours ago - Boston Herald - 8 articles
Forget What Trump Said-Kevin McCarthy's Comments Are Way Scarier
It wasn't surprising at all that Donald Trump said Saturday that he wanted to see his people protest what he claimed to be his imminent arrest, courtesy of the Manhattan...
5 hours ago - The New Republic
Picking up the pieces in the wake of SVB's collapse
Welcome back! Dan DeFrancesco in NYC, and I feel like my entire life has been a lie after learning the truth about "sizzling" fajitas at restaurants. Today, we've got stories...
5 hours ago - Business Insider
The headlines of News BreaK
US aid worker Jeff Woodke, held hostage six years in Africa, is freed
An American aid worker kidnapped by militants in West Africa in 2016 has been released from custody, the Biden administration said on Monday.
House Republicans seek testimony from Manhattan DA on Trump hush money probe
A trio of Republican House chairmen is demanding testimony from Manhattan District Attorney Alvin Bragg ahead of his potential prosecution of former President Donald Trump in...
Georgetown expected to hire Ed Cooley: Providence coach likely leaving...
Cooley has won 242 games with the Friars over the course of his dozen seasons spent with the program
Amazon is cutting another 9,000 jobs as tech industry keeps shrinking
The announcement comes after the company said it was laying off 18,000 employees in January.
Kenyan police arrest opposition figures amid protests
Security officials say the requests to hold demonstrations were denied Kenyan police used tear gas and detained at least three opposition leaders and several protesters in...
Effort to exhume Stephen Smith's body is a search for answers, attorneys...
The body of a 19-year-old found dead in the middle of a South Carolina road in 2015 will be exhumed, his family announced.
Heartbreaking photos show five children killed in NY crash
"The pain we are feeling words even express," one of the parents wrote alongside Facebook images of the five kids killed.
I removed my own IUD because it took too long to get an appointment
There were strings attached: A woman is going viral - and igniting a debate on contraceptive safety - on TikTok after claiming she removed her own IUD contraceptive.
Police: 2 BCU students injured in Daytona Beach shooting
Daytona Beach police are investigating a shooting that injured two people early Saturday morning at a park in the city.
Daytona Beach police continue search for gunman who shot BCU students
Daytona Beach police said the victims are a 21-year-old man and a 23-year-old woman.