Credit Suisse saw its shares stabilize after the Swiss National Bank approved a loan of nearly $54 million for the company. A top investor notified Credit Suisse on Wednesday that it wouldn't be able to provide further assistance to the lender.
Share:
More In Business
Bristol Myers Squibb to Buy Cancer Drug Developer RayzeBio
Bristol Myers Squibb says it will buy drug developer RayzeBio for about $4.1 billion.
Pizza Hut to Lay Off Over 1,200 Delivery Workers
Pizza Hut is set to lay off more than 1200 delivery workers in Los Angeles, Orange and Riverside counties in California.
Online Retailer Zulily Shuts Down
Online retailer Zulily said it's liquidating its assets and laying off hundreds of people.
New Drug May Help Children With Food Allergies
A new drug may provide relief to children against severe allergic reactions to peanut eggs, milk and other foods.
How to Make Your Resume Shine for 2024
Many people are thinking of their New Year's resolutions and resetting goals. Phyllis Ehrlich, career coach and president of Rocket Your Potential, joined Cheddar News to provide tips on how to polish up your resume for 2024 and explain why you should.
Stocks Mixed As S&P Nears Record Levels
Stocks were generally mixed after the opening bell as the S&P was nearing record levels.
Orlando Ranked Best City for NYE by Wallethub
Orlando Ranked Best City for NYE by Wallethub
E-Commerce Company Zulily Shuts Down
E-Commerce Company Zulily Shuts Down
Six-Year-Old Boy Traveling to Visit Grandma for Christmas Put on Wrong Spirit Flight
A 6-year-old boy who left on a flight for the Christmas holiday to visit his grandmother in southwest Florida instead was put on the wrong plane and ended up 160 miles away in Orlando, Florida.
