China is Russia's best hope to blunt sanctions, but wary
China is the only friend that might help Russia blunt the impact of economic sanctions over its invasion of Ukraine, but President Xi Jinping’s government is giving no sign it might be willing to risk its own access to U.S. and European markets by doing too much.
How Goldman and Morgan Stanley avoided losses after fund meltdown burned Nomura, Credit Suisse
Morgan Stanley sold $15 billion in shares over a few days, avoiding significant losses, CNBC's Leslie Picker reported. Nomura ended Monday down 14%, while Credit Suisse slid 11.5% when the market closed. Calls to Credit Suisse and Nomura weren't returned. Morgan Stanley, Goldman and JPMorgan Chase are the biggest prime brokers in the world, according to sources who track the industry's revenue. Credit Suisse is ranked seventh, while Nomura is outside the top 10.cnbc.com
Russia's reputation, Olympic status on trial for doping
(Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP, File)GENEVA – Russia’s status as an Olympic team, and its reputation as a serial cheater in international sports, goes on trial next week in more legal fallout from the country's state-backed doping saga. WADA would let Russian athletes compete only if not implicated in doping or cover-ups. WADA says details of doping tests and emails were deleted or changed, and false trails created to frame whistleblowers. The International Olympic Committee refused WADA’s request to ban Russia outright from the 2016 Rio de Janeiro Games. RUSADA rejected WADA’s proposal, and Russian Olympic officials later fired the RUSADA chief executive who acknowledged the wrongdoing.
Groom among 3 arrested in Pittsburgh wedding brawl
Groom among 3 arrested in Pittsburgh wedding brawl A fight broke out at a Pittsburgh, Pennsylvania, wedding, after 33-year-old groom Mark Williams allegedly became "touchy-feely" with a pregnant reception worker. KDKA-TV's Marty Griffin reports.cbsnews.com