US Open underway with excessive expectations for Scheffler and a troublesome check for all

US Open underway with excessive expectations for Scheffler and a troublesome check for all

The first shot of the 125th U.S. Open on Thursday embodied so much of what this championship is about. Matt Vogt, an Indiana dentist who went through 54 holes of qualifying, sent his tee shot soaring into the rough at Oakmont. Vogt, who once caddied at Oakmont before moving on to root canals, managed to … Read more

Swiss authorities proposes powerful new capital guidelines in main blow to UBS

Swiss authorities proposes powerful new capital guidelines in main blow to UBS

A sign in German that reads “part of the UBS group” in Basel on May 5, 2025. Fabrice Coffrini | AFP | Getty Images The Swiss government on Friday proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital, following its 2023 takeover of stricken … Read more