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Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece

The global bank’s biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation.  » mehr lesen

Fed Raises Interest Rates But Hints at Future Pause

The Fed raised rates by a quarter point, bringing them above 5 percent for the first time in more than 15 years.  » mehr lesen

Billionaire Investor Buys Epstein’s Private Islands for $60 Million

Stephen Deckoff, the founder of Black Diamond Capital Management, said he planned to build a 25-room resort on the islands once owned by the disgraced financier and registered sex offender Jeffrey Epstein....

Danish Wind Pioneer Keeps Battling Climate Change

Henrik Stiesdal helped design the first modern wind turbines. A thousand patents later, he’s a green tech entrepreneur rolling out new innovations.  » mehr lesen

Eli Lilly Trial Finds Alzheimer’s Drug Can Slow Progress of Disease

Donanemab is not a cure and comes with significant side effects, but patients had longer periods of independent living while on the drug.  » mehr lesen

FTC Seeks ‘Blanket’ Ban on Meta’s Use of Young Users’ Data

Citing privacy failings by the tech giant, regulators proposed to stop sites like Instagram and Facebook from profiting off the data of users under 18.  » mehr lesen

Film and TV Writers on Strike Picket Outside Hollywood Studios

Those in picket lines at the headquarters of companies like Netflix were critical of working conditions that have become routine in the streaming era.  » mehr lesen

At 6 Catskills Resorts: Retro Design, Modern Comfort and Games, Lots of Games

Lodgings in this bucolic region north of New York City are targeting a new generation of visitors with organized “experiences,” nostalgic style elements and serious cocktails.  » mehr lesen

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