The $3.2 billion rescue deal came after a weekend of crunch talks, with the chairman of UBS describing it as “absolutely essential to … global finance.”
An Ally Financial deal with Disney’s ESPN networks and the ACC shows a new model for raising the profile of women’s sports.
“There are still some e-commerce plays that I’m willing to get behind here, the ones that have truly prioritized profitability,” he said.
As hard as bear markets are to live through, they are where long-term investors make their money.
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