UBS announced the finalization of the deal for its rival Credit Suisse in an open letter to Swiss and other international newspapers.
Dow Jones Newswires: Novartis agrees to buy Chinook Therapeutics for up to $3.5 billion
The deal will hand Novartis exposure to Chinook’s pipeline for kidney disease treatments.
The Margin: An unscripted Tony Awards honors ‘Kimberly Akimbo’ and ‘Leopoldstadt,’ among other shows
No single show dominated Broadway’s big night, with prizes split almost evenly among a handful of productions.
Dow Jones Newswires: Malaysia appoints new central bank governor
Malaysia appointed Abdul Rasheed Ghaffour as its new central bank governor for a five-year term, effective July 1.
Key Words: Barr says Trump is no victim, 37-count federal indictment is ‘very, very damning’
Former U.S. Attorney General William Barr said Sunday that the 37-count federal indictment against Donald Trump over his handling of classified documents is “very, very damning,” and rejected Trump’s claims that the charges were political in nature.
: Billionaire George Soros hands control of financial empire to his son, Alex
Billionaire investor and philanthropist George Soros is handing over control of his $25 billion financial empire to his son, 37-year-old Alex Soros.
Market Snapshot: How a hawkish Fed could kill a baby bull-market rally in U.S. stocks
Wall Street is calling it a “hawkish pause” or a “hawkish skip.”
Earnings Watch: Executives are talking less about their environmental and social-justice goals — and more about AI
Lots of executives are talking about AI. One abbreviation they’re mentioning less? ESG.
The Fed: The Fed’s crystal ball on inflation appears off the mark again. Here comes another fix.
The U.S. economy hasn’t slowed all that much. High inflation is sticky. And the labor market is still producing gobs of new jobs. What is the Fed to do?
MarketWatch: What AI threat? Most U.S. white-collar workers welcome the technology, survey finds.
Most U.S. workers don’t consider generative AI to be an immediate threat to their jobs, but they do want to learn how to use the technology, a KPMG survey found.
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