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SVB Collapse Complicates Banks' Efforts to Unload Over $25 Billion of Junk Debt
Banking turmoil and Twitter woes cloud the picture for ‘hung’ buyout loans. Source link
EY Fails to Reach Deal on Split
A revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who believe their
The Contradictions of Sam Altman, AI Crusader
The CEO behind ChatGPT navigates the line between developing artificial intelligence on the cutting edge and pushing technology to dystopia. Source link
Google Co-Founder, Other Billionaires Subpoenaed in Suit Over JPMorgan's Epstein Ties
Sergey Brin, Thomas Pritzker, Mortimer Zuckerman and Michael Ovitz were asked for information in the U.S. Virgin Islands’ civil suit against JPMorgan Chase. Source link
For Banks, Does More Debt Mean Fewer Problems?
While new requirements might be expensive for regional banks, they may help mitigate deposit-flight risk. Source link
NBA and Players' Union Agree to 7-Year Contract as Focus Turns to TV Deals
The new collective bargaining agreement with the National Basketball Players Association comes as the league prepares for a new round of media-rights talks. Source link
Medicaid Eligibility Changes Set to Hit Hospitals, Insurers, States
Politics Health Policy Millions could lose coverage as their eligibility is reviewed, with financial effects rippling through the healthcare industry Source link
Elon Musk Revives Old Banking Dream in Pursuing $250 Billion Twitter Valuation
Behind the billionaire’s gamble to turn Twitter into a company worth more than 10 times its current valuation is an idea he has hung on
Hong Kong’s Crypto Ambitions Get a Boost From U.S. Crackdown
Markets Currencies Cryptocurrency More than 20 crypto companies have said they plan to set up operations in the city Source link
Lyft Staff Pressed Founders for Change as Uber Pulled Ahead
Ride-share company’s new CEO says his priorities are boosting employee morale and overhauling the customer and driver experience. Source link