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Morningbrew
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UBS will buy Credit Suisse for $3.2B, less than half of the ~$8.5B valuation CS had at market close on Friday. To put the price tag in perspective, Crocs is worth more than twice that. No disrespect to Crocs, but CS is 166 years old and had $574B i
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- This might be the biggest clean energy news of the decade. Scientists have produced a nuclear fusion reaction with a net energy gain, which unlike nuclear fission, creates energy w/o carbon or radioactive waste. The Department of Energy is expected
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- Mark Zuckerberg's fortune has dropped by $71 billion so far this year. With a net worth of $55.9 billion, he now ranks 20th among global billionaires - his lowest spot since 2014.
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