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Banking Watchdog Takes on ‘Too Big to Manage’

July 4, 2023 / no comments

The biggest U.S. banks are going to have to demonstrate they haven’t gotten so large that they are unwieldy, or face a potential breakup, Acting Comptroller of the Currency Michael Hsu said. 

Stock Futures Tick Lower as Investors Await Jobs Report, Fed Minutes

July 4, 2023 / no comments

U.S. markets were closed for Independence Day; Chinese metal producers’ stocks rose after Beijing set export restrictions on minerals used in advanced chips.

Office Turmoil Roils Ground-Lease Negotiations

July 4, 2023 / no comments

Building operators are hoping they might be spared dramatic jumps in their ground rent.

What Is Spill? The Twitter Alternative Trending After Elon Musk Set User Limits

July 4, 2023 / no comments

Designed by former Twitter employees, the app has attracted users including Questlove and garnered interest from Lizzo.

Taylor Swift Livestreamers Have Got You Covered

July 4, 2023 / no comments

With many superfans unable to get concert tickets, Swifties are resorting to unsanctioned streaming to share the experience of the ‘Eras Tour.’

Higher-for-Longer Rates Are a Debt Threat. Investors Don’t Want to Hear It Yet.

July 4, 2023 / no comments

A lull in bond maturities until 2025 is making markets slow to price in risks in corporate debt, but the crisis at Britain’s Thames Water shows that some of them lurk in unexpected places.

Facebook Faces Fresh Threat to Sending Personalized Ads in EU

July 4, 2023 / no comments

The surprise ruling could short-circuit the platform’s legal efforts to protect its ad-based business model on the continent.

Bank Deals are Back on the Table. Getting One Done Could Be Messy

July 4, 2023 / no comments

Bond losses and economic uncertainty keep potential mergers on hold—for now.

Meet the CEOs Who Pull In More Than $100 Million a Year

July 4, 2023 / no comments

The chief executives of Pinterest, Peloton and Hertz are among those who outearn Apple’s Tim Cook—and hundreds of others who lead bigger companies.

Meta Loses Appeal on How it Harvests Data in Germany

July 4, 2023 / no comments

The ruling by the European Court of Justice clears the way for Germany’s top antitrust enforcer to block Meta from combining user data across its platforms.

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