Credit Suisse hit with stock and credit downgrades after earnings plunge

Credit Suisse hit with stock and credit downgrades after earnings plunge

Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse shares slipped on Wednesday after Goldman Sachs downgraded the stock to “sell” following credit rating downgrades from Moody’s and S&P. The embattled Swiss lender’s shares were down slightly by … Read more

Producer Russ Titelman – Billboard

Producer Russ Titelman – Billboard

Grammy-winning producer Russ Titelman first met Mo Austin, the legendary executive who ran Reprise and then Warner Records from 1960 to 1994, in the early ’60s when Titelman was still a teenager and newly signed to Screen Gems-Columbia Music as a songwriter. Eventually, Ostin, who died July 31 at 95, and then head of A&R … Read more

Tony Finau’s fun golf ball strategy, Luke Donald’s dagger at Henrik Stenson and the PGA Tour’s lovable new member | This is the Loop

Tony Finau’s fun golf ball strategy, Luke Donald’s dagger at Henrik Stenson and the PGA Tour’s lovable new member |  This is the Loop

Welcome to another edition of The Grind, where we hope whoever won the Mega Millions jackpot is a golfer. Unfortunately, it wasn’t me who won the $1.33 billion, but good lord, that could pay for a lot of amazing golf trips. And with the mystery person in Illinois, they’re just a drive away from Sand … Read more

Saudis thumb nose at Biden’s request to boost oil output

Saudis thumb nose at Biden’s request to boost oil output

President Biden’s trip to Saudi Arabia was deemed a failure by analysts after oil-producing states announced Wednesday that they would boost output by just 100,000 barrels a day starting next month — a drop in the bucket compared to America’s vast energy needs. The Saudi-led Organization of Petroleum Exporting Countries and its allies announced the … Read more

Jennifer Coolidge confesses she slept with 200 people after her infamous role in American Pie

Jennifer Coolidge confesses she slept with 200 people after her infamous role in American Pie

Jennifer Coolidge said she would have slept with 200 fewer people if she hadn’t landed her infamous role in the American Pie franchise two decades ago. After becoming a nearly overnight sensation playing Stifler’s Mom, the 60-year-old actress admitted that she ‘got a lot of play at being a MILF’ and ‘a lot of sexual … Read more

As the US eyes new China chip curbs, turmoil looms for the global market

As the US eyes new China chip curbs, turmoil looms for the global market

Any US export block may affect global chip supply – analysts Move would hinder Samsung, SK Hynix upgrading China plants Samsung, SK Hynix together supply over 50% of global NAND chips Curbs could change where future chip plants are built -analyst SEOUL, Aug 3 (Reuters) – Export restrictions being considered by Washington to halt China’s … Read more