Credit Suisse working with RBC, Morgan Stanley on capital increase

Credit Suisse Group AG is working with banks including Royal Bank of Canada (RBC) and Morgan Stanley on a potential capital increase, should it need to shore up its balance sheet and raise funds for its restructuring, Bloomberg News reported on Tuesday, citing people familiar with the matter. A capital increase through a possible share sale, under the name Project Ghana, could come after the bank’s formal restructuring… Continue reading Credit Suisse working with RBC, Morgan Stanley on capital increase

Section 230’s Fate Belongs With Congress—Not the US Supreme Court

In the nearly 27 years since the United States Congress passed Section 230 of the Communications Decency Act, courts have broadly interpreted it to protect online communities for being legally responsible for user content, laying the foundation for the business models of Facebook, Yelp, Glassdoor, Wikipedia, community bulletin boards, and so many other sites that… Continue reading Section 230’s Fate Belongs With Congress—Not the US Supreme Court

GM paved new road to pension derisking – Pensions & Investments

When General Motors Co., Detroit, purchased a group annuity contract from Prudential Insurance Co. of America to transfer $29 billion in U.S. pension plan liabilities in 2012, it showed plan sponsors a path to take derisking to the next level. Scott Gaul, Avon, Conn.-based senior vice president and head of investment and pension solutions at… Continue reading GM paved new road to pension derisking – Pensions & Investments

If Tesla is facing ‘demand destruction,’ where are the demand triggers?

Many industry watchers are claiming Tesla is facing “demand destruction,” but if that’s the case, why isn’t Tesla pulling on some demand triggers? In a new note to clients this week, Morgan Stanley analyst Adam Jonas, one of the top analysts covering Tesla, noted that he believes Tesla is experiencing “demand destruction” at the margin:… Continue reading If Tesla is facing ‘demand destruction,’ where are the demand triggers?

IFS delivers connected operations for global enterprises with October 2022 release of IFS Cloud

MIAMI, Oct. 12, 2022 /PRNewswire/ — IFS, the global cloud enterprise software company, has announced the October 2022 release of its cloud-based solution, IFS Cloud. In this second communication from its global community event, IFS UNLEASHED, the company details new capabilities that will help global companies connect operations across sites, functions, people, and assets. The 2022… Continue reading IFS delivers connected operations for global enterprises with October 2022 release of IFS Cloud

Brigade Electronics to unveil its new sensor fusion system at Bauma 2022

NEUMÜNSTER, Germany, Oct. 12, 2022 /PRNewswire/ — Brigade Electronics will be unveiling its latest safety solution, Brigade Fusion, at Bauma 2022 in München from 24th to 30th October. Brigade Fusion uses sensor fusion technology to combine Brigade’s range of safety devices, including its 360-degree camera, radar obstacle detection and M2M RTLS technology, to predict collisions providing the… Continue reading Brigade Electronics to unveil its new sensor fusion system at Bauma 2022

JPMorgan CEO Dimon warns of recession in six to nine months

JPMorgan Chase & Co Chief Executive Jamie Dimon said the United States and the global economy could tip into a recession by the middle of the next year, CNBC reported on Monday. Runaway inflation, big interest rates hikes, the Russian invasion of Ukraine and the unknown effects of the Federal Reserve‘s quantitative tightening policy are… Continue reading JPMorgan CEO Dimon warns of recession in six to nine months

@AML: Results and Settlement of Tender Offer000340

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE “UNITED STATES”) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT). NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION… Continue reading @AML: Results and Settlement of Tender Offer000340

10 Obscure Carmakers That Build Insanely Cool Sports Cars – HotCars

So many of us dream we could own an exotic track car that turns heads for its shockingly good looks and lays down serious performance. You might also have a taste for something unique because you can’t look the same as your victims on the track and streets. The problem is these purpose-built machines from… Continue reading 10 Obscure Carmakers That Build Insanely Cool Sports Cars – HotCars