A daily market update from FS Insight — what you need to know ahead of opening bell

"Every virtue is a mean between two extremes, each of which is a vice.” — Aristotle

Over the Weekend

A year after the troubles at First Republic Bank, regulators seize Philadelphia’s troubled Republic First Bank (WSJ)

JPMorgan sees rising default risk in the private-credit market (WSJ)

Knight-Swift hunting for trucking acquisitions (WSJ)

TPG Telecom agrees to regional network-sharing deal with Optus (WSJ)

Northrop’s rocket-fuel factory slow to take off (WSJ)

Biden administration shelves plan to ban menthol cigarettes (WSJ)

Russian President Vladimir Putin signaled he could impose a rare tax hike to help finance the war in Ukraine (Semafor)

SpaceX launches European Commission’s Galileo satellites on Falcon 9 rocket from the Kennedy Space Center (SFN)

Ban on non-compete agreements send shockwaves across Wall Street (FT)

Big asset managers adopt 'vulture' tactics in distressed debt fights (FT)

Japan’s oldest VC firm is eying a 200% gain (BBG)

Elliott built a 'large' take in Buffett-favored Sumitomo (BBG)

U.S. executive pay jumped 9%, widening U.S.-U.K. gap (FT)

Chinese bonds dodge global debt selloff as yield gap widens (...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Macro subscription is required in order to access this content.

*Free trial available only on a monthly plan

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

I am your default error :)