UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
The $3.2 billion rescue deal came after a weekend of crunch talks, with the chairman of UBS describing it as “absolutely essential to … global finance.”
SVB collapse is double-whammy for tech startups already navigating brutal market
Startup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank’s failure this month complicated their situation.
The ‘Harvard diet’ may be the standard for living a long and healthy life—here’s what to know
A Harvard diet from 2011 has popped back into the news cycle for its healthy options that may lead to a longer life. Here are the details.
11 companies adopting a 4-day workweek that are hiring right now
The four-day workweek is picking up steam. Companies like Kickstarter and Panasonic are adopting the model and hiring dozens of employees.
UBS offers to buy Credit Suisse for ‘substantially’ more than $1 billion, sources say
A sale to UBS comes after Credit Suisse shares logged their worst weekly decline since the onset of the coronavirus pandemic.
These elite dividend stocks have raised their payments for over 60 consecutive years
S&P’s Howard Silverblatt shares the companies that have been raising their dividends for more than 60 years.
Beware of these S&P 500 stocks expected to struggle
Investors may want to consider dumping some stocks expected to underperform going forward, especially as market volatility remains elevated.
Ukraine Black Sea grain deal extended for at least 60 days
A deal allowing the safe Black Sea export of Ukrainian grain was renewed after Russia warned any further extension would depend on the removal of sanctions.
Putin makes surprise trip to Russian-occupied Mariupol in wake of ICC warrant
State television showed extended footage of Putin being shown around the city on Saturday night, meeting rehoused residents.
Crunch time for Credit Suisse talks as UBS seeks Swiss assurances
Authorities are scrambling to resolve a crisis of confidence in Credit Suisse, the mostly globally significant bank caught in the current turmoil.
