The Qatar Investment Authority is now the second-largest shareholder in Credit Suisse after doubling its stake in the embattled Swiss lender late last year.Story Published at: January 24, 2023 at 10:09AM
Qatar doubles Credit Suisse stake as embattled lender forges ahead with strategic overhaul
Argentina and Brazil are discussing plans for a common currency — analysts can scarcely believe it
Argentina and Brazil are in early talks to create a common currency, as part of a coordinated bid to reduce reliance on the U.S. dollar.Story Published at: January 24, 2023 at 09:03AM
Amazon adds generic prescription perk for Prime members
The add-on, called RxPass, will allow Prime members to get as many drugs as they need from a list of 50 generic medications used to treat common conditions.Story Published at: January 24, 2023 at 08:01AM
Right-wing Quran burning in Sweden enrages Turkey and throws a new wrench in Nordics’ NATO bid
Sweden and Finland have worked to try and improve their relations with Turkey, but recent events have thrown fresh wrenches into any hopes for progress.Story Published at: January 24, 2023 at 06:34AM
The U.S. is massively underperforming global stock markets, and analysts see more of the same
U.S. stocks have fallen far short of their global peers over the past three months, a rarity in recent years, and analysts expect this divergence to widen over the course of 2023.Story Published at: January 24, 2023 at 06:20AM
D.C. appeals court expedites oral arguments in Grayscale lawsuit against SEC
The D.C. Court of Appeals has scheduled a date to hear oral arguments in Grayscale’s lawsuit contesting the SEC’s decision to deny the conversion of GBTC to an ETF.Story Published at: January 24, 2023 at 06:07AM
Google CEO defends job cuts in animated town hall as employees demand clarity on process
Google executives held a town hall meeting with staffers on Monday after the company announced its largest layoff in history.Story Published at: January 24, 2023 at 02:54AM
7 dead, 1 injured following separate shootings in Half Moon Bay
The San Mateo County Sheriff’s Office said it took a 67-year-old suspect into custody without incident.Story Published at: January 24, 2023 at 02:27AM
Egg prices rose 60% in 2022. One farm group claims it’s a ‘collusive scheme’ by suppliers
Egg prices soared to historic levels in 2022, and one farmer-led advocacy group is alleging the trend is due to price fixing by leading producers.Story Published at: January 23, 2023 at 09:05PM
Crypto exchange Gemini lays off 10% of workforce in its latest round of cuts
Crypto exchange Gemini will reduce headcount by 10%, a spokesperson told CNBC on Monday.Story Published at: January 23, 2023 at 10:27PM
