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The Latest Breaking News from the Wall Street Journal

The long shadow of Jeffrey Epstein forces a reckoning between JPMorgan and the US Virgin Islands

A sprawling lawsuit that pits the US Virgin Islands against JPMorgan Chase has entangled some of the world’s wealthiest and most powerful individuals, Bevan Hurley writes

The Independent UK

Billionaire investor, philanthropist George Soros cedes control of empire to a younger son

Alex Soros, 37, will take over operations of the $25 billion empire. He will also oversee the Open Society Foundations, funding human rights and democracy movements globally.

Chicago Sun-Times

Report: Billionaire investor, philanthropist George Soros cedes control of empire to a younger son

Billionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with the Wall Street Journal published online Sunday

The Independent UK

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Report: PGA Tour Commissioner Told Employees Tour Couldn't Afford Battle Against PIF

According to the Wall Street Journal, Jay Monahan told Tour employees it couldn't keep battling the Public Investment Fund financially

Golf Monthly

Weekly Must-Read: U.S. Tensions Could Sap Chinese EV-Battery Makers’ Global Ambitions

World leader CATL and its peers face policy headwinds in the West that could benefit South Korean, Japanese rivals

Caixin Global

Stocks End Higher as a Jump in Jobless Claims Knocks Bond Yields Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.50%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +1.27%. Stock indexes Thursday posted moderate gains, with the Dow...

Barchart

Gary Gensler's SEC Cracks Down on Coinbase and Binance

The SEC is suing Coinbase, alleging that it's an unregistered securities broker, after targeting Binance the day before.

Reason

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Stocks Push Higher as Bond Yields Fall After U.S. Jobless Claims Jump

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. U.S. stocks this morning are moderately higher. Strength in...

Barchart

China establishes spy base in Cuba

WASHINGTON: China has reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island located 160 kilometres from Florida, the Wall Street Journal reported on Thursday, citing US officials familiar with classified intelligence.

Bangkok Post

Google tightens back-to-office policy by making attendance part of performance reviews

Google would also allow a full-time remote arrangement only in exceptional cases, the tech giant said.

Fortune

Mega-Cap Tech Stocks Fall on Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.27%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -1.75%. Stock indexes Wednesday settled mixed. A jump in bond...

Barchart

Nike founder frustrated for a year with bid to buy NBA franchise in $2 billion deal

The founder of the sporting giant company are looking to take over the Portland Trail Blazers after their owner sadly passed away in 2018, but the family have insisted that it is not for sale

Daily Mirror

Apple's mixed reality headset is a make-or-break moment for VR and AR

The Apple Reality Pro headset could be coolest and most compelling VR/AR device yet, but that doesn't mean people will buy it.

Tom’s Guide

More than 1,100 air raid shelters in Ukraine found ‘unfit for use’ or locked

Ukraine’s interior ministry said Saturday that an inspection of the country’s air raid shelters found nearly 900 “unfit for use” and more than 250 locked. The announcement came two days after a woman in Kyiv allegedly died while waiting outside a locked shelter door during a Russian missile attack. Read…

France 24

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Laptop

Uh oh! Apple Savings account complaints are piling up — why some people are pissed

Reports about unusual delays in transferring money out of Apple's new Savings account are piling up.

The Guardian - US

An ‘unbelievable deal’? The $200m mansion reportedly bought by Beyoncé and Jay Z

40,000 sq ft manor overlooking the Pacific Ocean in Malibu is thought to be California’s most expensive home ever

Newslaundry

India ‘denied visa renewals’ to the last two Chinese state media journalists in the country: WSJ

India and China are “virtually wiping out media access” to each other by ejecting each other’s journalists, the Wall Street Journal reported yesterday. The report alleged India had “denied visa renewals this month to the last two remaining Chinese state media journalists in the country”.

The Independent UK

Selfless visionary or scheming grifter? Inside Theranos founder Elizabeth Holmes’s shocking downfall

From college dropout at 19 to billionaire at 30 and prison at 39, Elizabeth Holmes has had a life trajectory unlike any of her Silicon Valley peers. Her tainted legacy will continue to be fought over for years to come, Bevan Hurley writes

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The Independent UK

Camp Bryan: What do we know about the Texas prison holding Elizabeth Holmes?

Among the inmates at Camp Bryan is Real Housewives star Jen Shah, while January 6 rioter Jenna Ryan spent a 60-day stretch there in 2021

WEKU

Elizabeth Holmes has started her 11-year prison sentence. Here's what to know

The onetime Silicon Valley has surrendered herself to federal authorities at the Bryan, Texas, prison camp, an all-female facility about 100 miles outside of Houston.

Reuters

China declines U.S. request for a meeting between defense chiefs

China has declined a request from the United States for a meeting between their defense chiefs at an annual security forum in Singapore this weekend, media reported on Monday, a new sign of strain between the powers.

The Independent UK

Professor has Gen-Z up in arms after declaring young people ‘should never be home’

‘But outside is expensive,’ says one person

The Independent UK

Professor has Gen-Z up in arms after declaring young people ‘should never be home’

‘But outside is expensive,’ says one person

The Independent UK

Professor who says young people ‘should never be home’ has Gen Z up in arms

‘But outside is expensive,’ says one person

Barchart

Stocks Mostly Higher as Nvidia’s Blowout Earnings Boost Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.98%. U.S. stocks this morning are mixed, with the Nasdaq...

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