Altice USA said to consider selling Cheddar News

Cable company Altice USA is reportedly considering a potential sale of Cheddar News, the network once named “CNBC for millennials,” less than five years after buying the company. Altice USA has hired Goldman Sachs to help explore strategic alternatives for Cheddar News, according to three people familiar with the matter who spoke on condition of … Read more

UBS fined nearly $400 million in Credit Suisse Archegos Mess

UBS will pay $387 million in fines to clear up the mess at Credit Suisse, the wounded Swiss banking rival it acquired this year. The fines, issued simultaneously by US and UK regulators, are linked to a “fundamental failure of management and controls” recognized by Credit Suisse in 2020 and 2021, which resulted in a … Read more

Microsoft and Alphabet face an investor test on artificial intelligence

Can artificial intelligence keep big tech companies thriving? Nasdaq futures rose on Tuesday morning, ahead of the big tech earnings boom that kicks off when Microsoft and Alphabet Inc report second-quarter results after the closing bell. There is a question on many investors’ minds: Is the hype around artificial intelligence, which has sent the stock … Read more

Pan Gongsheng appointed Chairman of the Chinese Central Bank

For nearly eight years, Pan Gongsheng has overseen one of the largest money funds in the world: China’s $3 trillion in foreign exchange reserves. Now he will run the country’s central bank, and play a more powerful role in the Chinese economy. Mr. Ban, a prominent economist, was appointed on Tuesday as governor of the … Read more

Continental competition, all in one neighborhood

Eight minutes into the final match of the 18th Africa Nations Championship, players on the Mauritanian team scored three times in quick succession. Balls hitting the goalkeeper’s small net sound like cannon blasts. bubble. bubble. bubble. The last two happen so quickly that many in the crowd miss them. “Have they recorded?” asked an Ivory … Read more

Art gallery or living space? Maison color both.

At first glance, Maison Lune, an art gallery in Los Angeles’ Venice neighborhood, looks just like home. Yes, there are paintings and ceramics on display, but there’s also a bed, full kitchen, and bathtub. And sometimes you can hear the laundry stumbling. That’s because He is house. In early 2022, when Sandrine Absera and Lubov … Read more