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March 22 (Reuters) - U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank, as central banks assess whether turmoil in banking makes interest rate rises less pressing. SVB's collapse kicked off a tumultuous 10 days for banks which led to the 3 billion Swiss franc ($3.2 billion) Swiss engineered takeover of Credit Suisse by rival UBS (UBSG.S). While that deal brought some respite to battered banking stocks, U.S. lender First Republic (FRC.N) remains firmly in the spotlight. Reuters Graphics Reuters Graphics'HEAD IN SAND'The wipeout of Credit Suisse's Additional Tier-1 (AT1) bondholders has sent shockwaves through bank debt markets. For now, the Swiss bank rescue appears to have assuaged the worst fears of systemic contagion, boosting shares of European banks (.SX7P) and U.S. lenders (.SPXBK).

But an unexpected jump in UK inflation last month led investors to bet heavily that the Bank of England will raise interest rates by at least another 25 bps on Thursday. SVB's collapse kicked off a tumultuous 10 days for banks which led to the 3 billion Swiss franc ($3.2 billion) Swiss regulator-engineered takeover of Credit Suisse by rival UBS. While that deal brought some respite to battered banking stocks, U.S. lender First Republic remains firmly in the spotlight. First Republic (FRC.N) shares fell 9% in extended trade on Tuesday, having surged as much as 60% at one stage. For now, the Swiss bank rescue appears to have assuaged the worst fears of systemic contagion, boosting shares of European banks (.SX7P) and U.S. lenders (.SPXBK).

☆ Big investor in Credit Suisse bonds says 'bail-in' system worked
▼ + stars: | 2023-03-22 | by ( Herbert Lash | ) www.reuters.com time to read: +3 min

The firm's exposure to Credit Suisse AT1s represented 1.32% of Spectrum's assets under management (AUM) on Feb. 28. In 2021 and early 2022 Spectrum held about $400 million of Credit Suisse AT1 bonds, Jacoby said. The Credit Suisse debt represents about 12% of the benchmark for CoCos, a massive slice of the ICE BofA U.S. dollar contingent capital index (.MERCOCO), he said. "We had been paring back in Credit Suisse, had an internal negative outlook for a little over a year." "This is a Credit Suisse event and this is a Swiss bank regulation event, this is not a global disaster for CoCos."

☆ Nouriel Roubini and Jeremy Grantham sound the alarm for stocks in a new documentary. Here are the bearish market pros' best quotes.
▼ + stars: | 2023-03-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Jeremy Grantham and Nouriel Roubini are well known for their bearish views on the market and economy. In a new PBS documentary about the Fed's decade of cheap money, Grantham and Roubini ring the alarm for stocks. Both Grantham and Roubini offered their views on what the Fed did to markets in the documentary, and what could happen next. Roubini on central banks driving bubbles"We have had literally a few decades of ever-increasing bubbles that have been fed and supported by central banks. The housing market, the stock market and the bond market, all overpriced at the same time.

A lawyer for Johnson & Johnson’s subsidiary said in a statement that the company would seek a rehearing of the panel’s decision by the full 3rd Circuit court. Gordon’s strategy worked in bankruptcy court but set up J&J for failure when it faced the 3rd Circuit appeals panel. Gordon, at the bankruptcy conference, described the lawsuits as “completely unmanageable” and a dire threat to J&J that could go on for decades. The 7th Circuit Court of Appeals is expected to hear arguments in coming months on a challenge to the 3M subsidiary’s bankruptcy. The litigation, they asserted, should be allowed to proceed against Georgia-Pacific because the parent company did not file for bankruptcy.

☆ Hall of Fame GM Bobby Beathard dies at 86
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +2 min

February 2 - Hall of Fame NFL executive Bobby Beathard, an architect of four Super Bowl titles for two different teams, has died at age 86. Beathard was inducted into the Pro Football Hall of Fame as a contributor in 2018. For Bobby Beathard, it doesn't nearly do the man justice," Chargers owner Dean Spanos said in a statement. "We are saddened by the passing of former Dolphins executive & Hall of Famer, Bobby Beathard," the Dolphins said in a statement. He hired coach Joe Gibbs and drafted Hall of Fame players Art Monk, Russ Grimm and Darrell Green, leading to Super Bowl titles in 1982 and 1987.

☆ Americans will soon be able to save a lot more for retirement — but it might help the wealthy the most
▼ + stars: | 2022-12-20 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

It includes changes to Americans' retirement savings, like raising the age of required withdrawal. A significant element of the bipartisan government spending plan included changes to Americans' retirement funds. It also allows an increased contribution in retirement savings for older workers and paves the way for automatic enrollment for workers starting in 2025. White Americans are far more likely to have retirement savings, and those savings dwarf those of Americans of color. Some Democratic lawmakers acknowledged they did not get to include everything they had hoped for in this spending package, like increased funding to help Americans recover from the pandemic.

From almost nothing five years ago, the institutional residential property market has grown to the point where investors say housing is starting to challenge office buildings as a focus for their cash. And higher yields and scope for growth are spurring new projects, market players say. "We are currently surprised ourselves by the speed of the change and how the market is changing," he told Reuters. "Many institutional investors are looking to gain the first mover advantage and moving in," Wysokińska-Kuzdra told Reuters. The war in Ukraine has also created uncertainty, so that some investors are focused only on finishing current projects.

☆ NFL roundup: Joe Burrow helps Bengals get revenge vs. Steelers
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +10 min

Both of Herbert's touchdown passes were caught by Joshua Palmer, who finished with eight catches for 106 yards. Quarterback Marcus Mariota paced Atlanta's offense with 131 passing yards, a passing touchdown and a rushing touchdown. Hurts finished with 190 passing yards and 86 passing yards. Saints 27, Rams 20Andy Dalton threw three touchdown passes as host New Orleans defeated Los Angeles, which lost Matthew Stafford to a possible concussion. Kirk Cousins was ineffective in the passing game, totaling 105 yards through the air while completing 12 of 23 passes.

☆ Deshaun Watson expected to start for Cleveland Browns when eligible to return, general manager says
▼ + stars: | 2022-11-02 | by ( Jacob Lev | ) edition.cnn.com time to read: +3 min

CNN —Deshaun Watson is expected to start for the Cleveland Browns in the first game he is eligible to return from suspension, team general manager Andrew Berry said on Wednesday. Watson is eligible to return on December 4 against his former team, the Houston Texans on the road. The 27-year-old Watson returned to the team’s training facility on October 10 and has been able to participate in limited activities. Berry was extremely complimentary of Jacoby Brissett, who has been starting for the team in place of Watson this season. The Browns next scheduled game is on November 13 against the Dolphins in Miami.

☆ Cleveland Browns continue to haunt Joe Burrow as Nick Chubb scores twice in dominant victory over Cincinnati Bengals
▼ + stars: | 2022-11-01 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

The Cincinnati Bengals lost convincingly to their AFC North division rivals, the Cleveland Browns, on Monday Night Football, their chastening 32-13 loss falling on Halloween. Burrow threw an interception on the opening drive of the game before throwing two touchdowns late on when the match was already running away from the Bengals. Garrett celebrates after making a defensive play during the second half of the game against the Bengals. Moving to a more rushing-heavy approach paid dividends for the Browns as Chubb tore up the previously resolute Bengals defense. Cooper catches the ball for a touchdown while defended by Bengals cornerback Tre Flowers during the third quarter.

☆ NFL roundup: Panthers surprise Bucs, Packers lose third straight
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +10 min

Mandatory Credit: Jim Dedmon-USA TODAY SportsOctober 24 - PJ Walker threw two touchdown passes and the Carolina Panthers shut down Tom Brady and the Tampa Bay Buccaneers in a 21-3 victory Sunday afternoon at Charlotte, N.C. Foreman gained 118 yards on 15 carries and Hubbard picked up 63 yards on nine carries with a touchdown. Commanders 23, Packers 21Taylor Heinicke overcame a rough start, but threw two touchdown passes as Washington rallied to hand Green Bay its third straight loss, in Landover, Md. Travis Etienne went for 114 yards and a touchdown on 14 carries for Jacksonville (2-5), which has lost four straight. With 18 seconds left, Pickett (32-of-44 passing, 257 yards, one touchdown, three interceptions) threw a game-sealing interception in the end zone.

☆ NFL roundup: Bills edge Chiefs in AFC Divisional round rematch
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +9 min

Allen passed for 329 yards and three touchdowns for the Bills, who have the best record in the AFC. Register now for FREE unlimited access to Reuters.com RegisterButker booted a 44-yard goal to give the Chiefs a 20-17 lead with 9:49 remaining in the fourth quarter. Jimmy Garoppolo threw two first-half touchdown passes to Brandon Aiyuk, but also mixed in a pair of interceptions on a 29-for-41, 296-yard day. Bengals 30, Saints 26Joe Burrow threw three touchdown passes as visiting Cincinnati came from behind in the fourth quarter to defeat New Orleans. The two connected on a scoring strike with 9:55 left in the fourth quarter to help the Steelers snap a four-game losing skid.

☆ Micro-Warehouse Provider Pivots as Retail Consumer Market Shifts
▼ + stars: | 2022-09-28 | by ( Liz Young | ) www.wsj.com time to read: +4 min

Israel-based robotics startup Get Fabric Ltd., which has placed so-called microfulfillment centers in New York City and Dallas, is focusing on selling its warehouse automation platform rather than building more specialized small distribution sites. Some companies leased vacant retail spaces for use as “dark stores” for fulfillment and delivery, while others opened smaller warehouses near population centers. The shift makes the niche logistics business the latest to see a business strategy that gained traction during the Covid-19 pandemic lose its momentum as consumers have resumed prepandemic buying habits. That has some retailers rethinking their heavy investments in online fulfillment. Takeoff Technologies Inc., a microfulfillment system provider, expanded its business in the past year, said co-founder and Chief Executive Max Pedró.

☆ Poland’s Schools Welcome Ukraine’s Children
▼ + stars: | 2022-09-22 | by ( Tamar Jacoby | ) www.wsj.com time to read: 1 min

Principal Magdalena Mazur had prepared a special welcome for the 80 Ukrainian students who showed up on the first day of class at Primary School No. Shy first-graders and rowdy pre-teens, they were invited in small groups into a dedicated classroom where they found a table piled high with new school supplies. “Take a backpack,” Ms. Mazur urged. Welcome to our school. We’re so glad to see you.”Seven months after the Russian invasion of Ukraine, more than 5 million refugees have passed through Poland.

PARIS/MILAN, Sept 19 (Reuters) - The collapse of a deal to form a French TV giant to challenge U.S. streaming services such as Netflix (NFLX.O) knocked shares in M6 Group (MMTP.PA) and TF1 (TFFP.PA) on Monday. France's two biggest private broadcasters gave up their merger plan on Friday citing French antitrust requirements that rendered the deal unworkable. read moreRegister now for FREE unlimited access to Reuters.com Register"It is extremely disappointing, it shows the incapacity in France of pushing a unifying project to create a French media champion," said Mikael Jacoby, head of continental trading at Oddo Securities. At 1424 GMT, TF1 shares were down 3.3% and shares in M6 were 3% lower. "Hedge funds don't want exposure to the advertising sector, people are very worried about next year," a merger arbitrage analyst said.

Johnson & Johnson has said it would provide a fair amount of money to the subsidiary to pay claims. Johnson & Johnson, valued at more than $450 billion, had about $31 billion in cash and marketable securities on hand at the end of the third quarter, securities filings show. One would absorb all the talc liability; the other would carry on the business free from the threat of billion-dollar judgments. Levesque replied that the “technical aspect” of the subsidiary bankruptcy wasn’t likely to cause concern about J&J’s creditworthiness. Is that what you're saying?” asked Jeffrey Jonas, a Brown Rudnick lawyer representing a creditors committee comprising talc plaintiffs.

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☆ Luptătorul moldovean Ion Cuțelaba și-a aflat următorul adversar
▼ + stars: | 2021-06-16 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Luptătorul moldovean Ion Cuțelaba și-a aflat următorul adversar din Ultimate Fighting Championship. Compatriotul nostru îl va înfrunta pe americanul Devin Clark la turneul UFC Fight Night 194, programat pe 18 septembrie.Cei doi urmau să lupte în octagon pe 1 mai, însă americanul a fost înlocuit pe ultima sută de metri cu Dustin Jacoby din cauza unei accidentări.Atunci, Ion Cuțelaba a terminat la egalitate confruntarea respectivă.Moldoveanul are în palmares 10 lupte disputate în UFC. Pe lângă remiza din luna mai, Ion a mai obținut 4 victorii, dar și a suferit 5 înfrângeri.De partea cealaltă, Devin Clark are 11 lupte în palmares, în cadrul celei mai tari promoții de arte marțiale mixte din lume: a câștigat 6 dueluri și a pierdut alte 5.

Persons: Cuțelaba, Clark, americanul, Dustin Jacoby, Ion Organizations: UFC

☆ Ion Cuțelaba a terminat la egalitate confruntarea cu americanul Dustin Jacoby
▼ + stars: | 2021-05-02 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Remiză în octagon! Luptătorul moldovean, Ion Cuțelaba, a terminat la egalitate confruntarea cu americanul Dustin Jacoby din Ultimate Fighting Championship.Moldoveanul a dominat în prima repriză, însă adversarul său a rezistat loviturilor. Următoarele 2 reprize au fost mai echilibrate. Într-un final, din cei trei arbitrii, unul l-a văzut învingător pe Cuțelaba, altul pe Jacoby, iar ultimul a decis că duelul dintre cei sportivi a fost egal.Ion Cuțelaba a disputat a 10-a sa luptă din UFC și a înregistrat prima remiză în cea mai tare promoție de arte marțiale mixte. Până acum moldoveanul a adunat în palmares 4 victorii, dar și a suferit 5 înfrângeri.

Persons: Dustin Jacoby, moldoveanul

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