News
- BusinessReuters
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
Norway's sovereign wealth fund has backed UBS' plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing to investors by protecting them from a wipeout, and also signed off on UBS CEO Sergio Ermotti's pay package. The vote from the Norwegian fund, UBS' second-largest shareholder, at the bank's annual general meeting this week is a boost for UBS, which is seeking to prop up its capital buffers to satisfy Swiss regulators' demands as it integrates its former rival Credit Suis
3 min read - WorldBBC
Dominica High Court overturns ban on same-sex relations
Activists welcomed the ruling as a "significant milestone" for LGBTQ rights in the Caribbean.
2 min read - USThe Star Press
Taulbee hired as director of Muncie Animal Care and Services
The appointment of Taulbee, a lifelong Muncie resident, was announced Thursday. He succeeds Katy Wolfe in the director's position.
1 min read - BusinessMotley Fool
The Bond Market Is Sounding Its Most Severe Alarm in Decades, and It Could Mean Trouble for the Stock Market
This bond market indicator has predicted past recessions with near-perfect accuracy since the mid-1960s, and it's sending Wall Street a warning right now.
6 min read - BusinessYahoo Finance
Tesla earnings preview: Investors eye EV demand, guidance, and product roadmap following stock wipeout
Tesla will report Q1 earnings after the bell on Tuesday, giving a much-needed update on the EV maker’s current and future prospects as investor sentiment slides.
3 min read - WorldBBC
Mass arrests made as US campus protests over Gaza spread
Protesters at NYU and Yale are arrested while Columbia cancels in-person classes for safety.
6 min read - BusinessMotley Fool
Is Verizon a Good Dividend Stock to Buy Now?
A 17-year payout-raising streak and a dividend yield above 6% make this a hard stock to ignore right now.
4 min read