Business News

First Citizens to acquire troubled Silicon Valley Bank – Business News

by Jerry
Photo: The Canadian Press North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world. The deal could reassure investors at a time of shaken confidence in banks, though the Federal Deposit Insurance Corp. and other regulators ... Read More

Twitter celebs balk at paying Elon Musk for blue check mark – Business News

by Jerry
Photo: The Canadian Press FILE – A Twitter logo hangs outside the company’s offices in San Francisco, on Dec. 19, 2022. William Shatner, Monica Lewinsky and other prolific Twitter commentators — some household names, others little-known journalists — could soon be losing the blue check marks that helped verify their identity on the social media ... Read More

Is oatmeal anti-inflammatory? A list of anti-inflammatory foods

by Jerry
We may earn money or products from the companies mentioned in this post. A list of Anti-inflammatory foods to help aid in digestion and other bodily processes Believe it or not, inflammation is one of the most common reasons behind minor aches and pains that we experience on a daily basis. Things such as headaches, ... Read More

St. Louis sues Kia, Hyundai over rash of car thefts – Business News

by Jerry
Photo: The Canadian Press A federal lawsuit filed Monday by the city of St. Louis accuses automakers Kia and Hyundai of failing to install industry-standard anti-theft technology, resulting in thousands of vehicle thefts in the Missouri city. The lawsuit seeks damages in excess of $75,000 plus punitive damages. St. Louis joined several other cities that ... Read More

Binance and founder Changpeng Zhao sued over accusations of trading rules violations

by Jerry
The Commodity Futures and Trading Commission filed a complaint against crypto exchange Binance, its co-founder, Changpeng Zhao, and its former chief compliance officer, Samuel Lim, alleging that Binance actively solicited US users and subverted the exchange’s own “ineffective compliance program,” according to a filing in Illinois federal court Monday. The filing has the potential to ... Read More

Bed Bath & Beyond Canada is going out of business, closing 54 stores

by Jerry
Bed Bath & Beyond’s Canadian operations are going out of business, according to a court filing on Friday, two days after the retailer quickly raised cash to stave off a US bankruptcy. The Canadian division, which operates 54 Bed Bath & Beyond stores and 11 buybuy BABY stores, is insolvent, the filing posted on the ... Read More

Why Google is blocking some Canadians from seeing online news

by Jerry
Google is blocking some Canadian users from viewing news content in what the company says is a test run of a potential response to the Liberal government’s online news bill. Also known as Bill C-18, the Online News Act would require digital giants such as Google and Meta, which owns Facebook, to negotiate deals that ... Read More