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Leeds name long-time fan and philanthropist to board, 25 years after first investment in club
In 2001, Andrea Dracopoulos bought a three per cent stake in the club, having obtained his first official membership 50 years ago.
Money Behind March Madness: Finances Fueling Top College Teams
Elizabeth Rembert discusses how the most successful college basketball programs, particularly those in the Sweet 16, are predominantly housed at financially powerful universities. These institutions benefit from large endowments, strong investment-grade credit ratings, and growing student enrollment...
Inside the near-impossible challenge of seizing Iran's nuclear stockpile
How hard would it be to remove or destroy Iran's nuclear stockpile? President Trump has said eliminating the country's nuclear weapons capability is a key objective of his military campaign against Iran, but U.S. military experts say it would be one of the riskiest special operations missions ever a...
PE-Backed Convenience Store Operator Yesway Files for US IPO
Yesway Inc., a convenience store and gas station operator focused on rural communities in the Midwest and the Southwest, filed for an initial public offering.
Morgan Stanley's Amy Gower on Gold Market
Amy Gower, metals and mining commodity strategist at Morgan Stanley, discussed the recent trends in the gold market and what it means around central banks. She speaks with Francine Lacqua. on "The Pulse." (Source: Bloomberg)
State Street’s Tiny Fee Cut Is Paying Off Big Time
How a small fee cut on SPYM attracted billions.
Citadel’s Barratt Departs After Losses on Spirit, Other Trades
The giant multistrategy hedge fund Citadel parted ways with credit portfolio manager Zachariah Barratt after a series of losses, including a soured bet on Spirit Aviation Holdings Inc., according to a person familiar with the matter.
Barclays Pulls Back on Asset-Based Loans After MFS, Tricolor
Bloomberg's William Shaw, joins Scarlet Fu on "Bloomberg Real Yield." Barclays is scaling back its asset-based lending to smaller borrowers, according to people with knowledge of the matter, after the collapses of Market Financial Solutions and Tricolor left the firm facing losses. (Source: Bloomber...
Lloyds bank faces £66m court battle with car loan customers
Law firm is preparing claim on behalf of 30,000 consumers who fear the FCA’s redress scheme will shortchange themLloyds Banking Group is facing a court battle with 30,000 aggrieved car loan customers who are set to abandon the City regulator’s official redress scheme amid fears it will shortchange c...
Amazon eyes growing robot market and buys humanoid maker
The $50,000 Sprout can dance the Twist or the Floss, grab a toy block or teddy bear
Russian oil companies confirm presence of sufficient inventories
According to Deputy Prime Minister Alexander Novak, oil refining indicators are kept at the level of March 2025
Newsom Bars Officials From Insider Trading on Prediction Markets
California Governor Gavin Newsom is barring high-ranking state officials from using inside information to wager in prediction markets.
Brooklyn Preschool Rocked by Ex-Director’s Alleged Embezzlement
The KinderHaus preschool sits tucked away in a quiet corner of Brooklyn’s southern Park Slope neighborhood. Some parents have called it one of the best kept secrets in the borough, allowing them to immerse their children in German from an early age. Cost? Nearly $50,000 a year.
Police investigate Iran link to Golders Green arson attack
Police are investigating whether the attack could have been directed by Iran using proxy operatives recruited online
Kalshi Approved for Margin Trading as It Lures Wall Street Pros
Kalshi Inc. has secured a license allowing it to offer margin trading to users, a feature that would make the prediction market platform more appealing to sophisticated institutional investors.
Merz Signals Germany to Take Stake in Franco-German Tank Maker
Chancellor Friedrich Merz hinted that the German government would purchase a stake in Franco-German tank manufacturer KNDS NV as part of an effort to secure influence in the defense venture.
Trump boosts ethanol in bid to help farmers fight inflation
The White House announced a series of steps Friday, including a boost for ethanol, aimed at bringing relief to the agriculture industry amid supply chain issues caused by the war in Iran. The administration is increasing the volumes of biofuels like ethanol that are required to be blended into other...
Trump speaks at Saudi investment conference in Florida
Watch live as President Donald Trump speaks at the Future Investment Initiative's conference in Miami, Florida.
CBS News gas and oil price tracker shows how much energy costs are rising
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.