JPMorgan Chase, which acquired banking assets in the 2008 financial crisis, just won an auction to gain even more size with the takeover of First Republic. Story Published at: May 01, 2023 at 02:30PM
Jamie Dimon: ‘This part of the crisis is over’ after JPMorgan Chase acquires First Republic
First Republic seized by California regulator, JPMorgan to assume all deposits
Since the sudden collapse of Silicon Valley Bank, attention has focused on First Republic as the weakest link in the U.S. banking system. Story Published at: May 01, 2023 at 08:56AM
Italy signed up to China’s Belt and Road Initiative. Now it’s having second thoughts
Italy has previously been described as a “middle-power” bridge used by Beijing and Moscow to strike deals.Story Published at: May 01, 2023 at 06:45AM
PlayStation, treasure hunts and natural wonders: What life is like onboard a giant oil tanker
Seafarers describe the highs and lows of spending months on the ocean.Story Published at: May 01, 2023 at 06:48AM
Germany has a plan to tackle a rapidly ageing workforce: recruiting robots
Germany has an aging population, so hiring robots and widespread digitalization could be key in solving the country’s labor shortage crisis.Story Published at: May 01, 2023 at 06:43AM
Most people aren’t honest in exit interviews — the default is bull—-, says NYU professor
“Think about this as a way for you to learn how to have an uncomfortable feedback conversation, and you can practice on your ex-employer,” said Tessa West. Story Published at: May 01, 2023 at 04:45AM
Planning a solo trip to Seoul? Here are some places that cater to singles in Seoul
More people in South Korea are choosing to dine, drink and travel alone — embracing the “honjok” lifestyle trend that has visibly taken root in the country.Story Published at: May 01, 2023 at 01:30AM
A psychologist shares 6 toxic phrases ‘highly narcissistic’ people always use—and how to deal with them
The world is full of difficult personalities, but it’s nearly impossible to avoid narcissists. “They are masters of gaslighting,” says psychologist and CSU professor Dr. Ramani Durvasula. She shares the phrases that highly narcissists always use — and how to respond.Story Published at: April 30, 2023 at 03:00PM
As part of the ‘cocktail culture,’ consumers are still splurging on dinner and drinks
When it comes to discretionary spending, splurging looks different in 2023: These days, adults would rather treat themselves to drinks or dinner out.Story Published at: April 29, 2023 at 02:30PM
This 28-year-old pays $62 a month to live in a dumpster he built for $5,000—take a look inside
After struggling to find an apartment rental in London on a budget, Harrison Marshall turned a dumpster into a tiny home for $5,000. Here’s a look inside his “weirdly comfortable” 25-square-foot space, where he now lives for $62 a month.Story Published at: April 29, 2023 at 04:25PM