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Corporate/Industrial News
Credit Suisse Has UBS Worried, Spurring Return of Sergio Ermotti
Markets Heard on the Street Hiring a trusted pair of hands for the task of integrating Credit Suisse is good news, but also highlights the
Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says
Markets Finance The Swiss bank failed to disclose transfers linked to a continuing tax conspiracy, according to a Senate investigation Source link
Billions in Signature Bank Debt to Be Sold by Newmark
FDIC to tap the real-estate firm to market about $60 billion in the failed lender’s loans, adding pressure the commercial property market. Source link
U.S. Pushes for Business Investment in Africa to Counter China’s Reach
Business Vice President Kamala Harris is the latest American official to pledge more investment in the continent Source link
Jack Ma’s Life After Alibaba Takes Him to a Fish Farm, Fiji and Beyond
World Asia China Outside the public eye, Chinese tech mogul studies tuna and ponders the Gobi Desert Source link
Carl Icahn Wants to Bring Illumina’s Old CEO Back, Disney-Style
WSJ News Exclusive Heard on the Street Billionaire activist signals he wants company’s retired CEO Jay Flatley to come back and Grail divested Source link
GameStop Decides It Likes Stores After All
Ryan Cohen took control of GameStop Corp. in 2021 vowing to transform the faltering videogame retailer into an e-commerce juggernaut. Meme-stock investors loved the idea.
People Are Complaining About Air Travel Way More Than Usual
Complaints about air travel have nearly quadrupled compared with prepandemic levels after waves of cancellations, delays and lost baggage disrupted the travel plans of millions
Climate Funding Gets Squeezed by Volatile Markets
The interest-rate increases and market volatility that hit risky investments last year have finally caught up with green startups. The sector, which includes everything from
Accountants’ Salaries Are Rising, but It May Not Add Up to More Accountants
CFO Journal Firms hand recent graduates fatter offers and juicier opportunities with more responsibility, while also working to change perceptions, in a bid to boost