Money in the Making™: Morgan Stanley Global Sports & Entertainment Empowers Next Generation Talents

Morgan Stanley Global Sports & Entertainment (GSE), a division of Morgan Stanley Wealth Management dedicated to serving the unique and sophisticated needs of elite and professional athletes, entertainers, executives, creators and other top talent and professionals in the sports and entertainment industry.

SoftBank-Backed Chip Designer Arm Files for Blockbuster U.S. IPO

SoftBank Group-backed Arm Holdings' annual revenue dropped 1% due to a slowdown in smartphone sales, the chip designer disclosed in its paperwork for a U.S. initial public offering (IPO) that is expected to be the largest listing of the year.

Some US States Decline Federal Funds for Replacing Hazardous Lead Pipes

As the Biden administration makes billions of dollars available to remove millions of dangerous lead pipes that can contaminate drinking water and damage brain development in children, some states are turning down funds.

Terra.money Takes Precautions to Prevent Phishing Scams via Website Freeze

The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.

PayPal Shows Confidence in Crypto’s Future by Backing US-Dollar-Backed Stablecoin

PayPal is rolling out its first stablecoin as it attempts to capitalize on the “emerging potential” of US dollar-backed digital tokens for consumer payments.

SEC Issues Warning to Broker Dealers for Inadequate Anti-Money Laundering Measures

The U.S. Securities and Exchange Commission (SEC) has warned some broker dealers to strengthen policies and controls that guard against money laundering, including by taking more care to conduct customer due diligence when opening accounts.

US Ambassador to Iraq Affirms No Sanctions Imposed on Iraqi Banks

The US Ambassador to Iraq, Alina Romanowski, confirmed on Saturday that no sanctions have been imposed on any of the Iraqi banks, according to the Iraqi News Agency (INA).

After More than 150 Years, the Santa Barbara News-Press Files for Bankruptcy and Ceases Publication.

Following a bankruptcy filing by its parent company Friday, a key executive of the Santa Barbara News-Press has informed staff that the daily newspaper has “stopped publishing,” Noozhawk has learned.

As the Economy Falters, the Myanmar Central Bank Will Print Its Highest Denomination Banknote.

The Central Bank of army-ruled Myanmar will issue a new banknote worth twice as much as the current highest denomination, state-run media reported Sunday, in a possible reaction to the economy becoming more unstable since the generals seized power in 2021.

MPs Criticize the Venture Capital Sector for ‘Failing in Diversity’

The Treasury Committee has criticised the venture capital industry’s “unacceptable failure” to invest in firms outside of London and the South East or those headed up by women and ethnic minorities.

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