NYCB shares whipsaw after bank picks new chairman, Moody’s downgrades bank’s credit to junk
NYCB has been in free fall since reporting a surprise loss last week, along with…
Year: 2024
ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
Disney, Fox and Warner Bros. Discovery plan to launch the service as media companies move…
Embattled immigration deal shows rightward lurch for Biden and Democrats
A deal for new border restrictions in exchange for foreign aid may fail, but it…
U.S. engineer contacted China before stealing missile tracking tech, DOJ says
The top federal prosecutor in Los Angeles said the engineer earlier offered to give China…
NYCB shares fall as much as 13% after Moody’s cuts regional bank’s credit rating to junk
NYCB has been in free fall since reporting a surprise loss last week, along with…
NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk
NYCB has been in freefall since reporting a surprise loss last week, along with mounting…
NYCB shares jump after bank names new chairman following credit rating downgrade
NYCB has been in freefall since reporting a surprise loss last week, along with mounting…
EU launches legal action against Hungary’s ‘sovereignty’ law
The legislation is viewed as a threat to political opponents, media and civil society.
Alibaba shares jump 4% in premarket trade after it hikes share buyback program by $25 billion
Alibaba missed market expectations for revenue in the December quarter but announced it is increasing…
China appoints ‘Broker Butcher’ Wu Qing as new chairman of securities regulator
China’s cabinet on Wednesday appointed markets veteran Wu Qing as chairman of the China Securities…
Aliyev poised to win as Azerbaijan votes in snap presidential election
President Aliyev widely expected to win another term after takeover of Nagorno-Karabakh breakaway enclave.
Blinken in Israel to try to seal Gaza truce deal
The US official arrives as reports suggest optimism over efforts to bring the war to…
Flowers, tears, tree planting in Adiyaman to remember Turkey’s earthquake
On the first anniversary of the quake that killed more than 50,000 people, Adiyaman came…
‘Guerilla jalsa’: How Imran Khan is fighting Pakistan election from jail
Amid a crackdown against it, the former PM’s party is resorting to tech-driven, unconventional campaigning…
DBS slashes CEO’s variable pay by 30% after multiple digital disruptions
DBS Group cut the variable compensation for its senior management to “hold them accountable” for…
Wheely, Uber’s luxury competitor, launches in Dubai to take on the UAE’s dominant player
Wheely, a luxury-focused competitor to Uber, is launching in Dubai as it looks to rev…
US Republican-led Israel-only bill fails; Ukraine-Israel-border bill shaky
Republicans harden positions as probable presidential candidate Donald Trump increases pressure.
Emerging brands grab market share in China and South Korea, forcing established ones to reinvent
The rise of online shopping, social media and easier access to factories are driving the…
CNBC Daily Open: No letup in tech layoffs
There appears to be no letup in Silicon Valley’s march to downsize, or rather to…
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Art Laffer
The world is looking at a debt crisis that will span the next 10 years…
