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- BusinessAssociated Press Finance
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Fulton Bank, which is based in Lancaster, Pennsylvania, agreed to assume substantially all of the failed bank's deposits and buy essentially all of its assets, the agency said.
1 min read - BusinessInsider Monkey
15 Countries with the Lowest Saving Rates in Europe
In this article, we will look at the 15 countries with the lowest saving rates in Europe. If you want to skip our detailed analysis, you can go directly to the 5 Countries with the Lowest Saving Rates in Europe. While saving can be considered a mere choice, in a broader perspective, it depends on factors […]
9 min read - BusinessBusiness Insider
Millennials having fewer kids could be a drag on the economy for the next decade
The impact of millennials having fewer kids will probably be worse than the impact of aging boomers, an economist told Business Insider.
5 min read - USReuters
Ex-McKinsey partner sues firm, claims he was made opioids 'scapegoat'
A former McKinsey & Co partner sued the global consulting firm on Friday and accused it of defaming him and making him a "scapegoat" to distract attention from its work advising OxyContin maker Purdue Pharma and other manufacturers of opioid pain medications. Arnab Ghatak, who was fired in 2021, filed the lawsuit in New York state court just two days after Reuters and others reported that the U.S. Department of Justice was conducting a criminal investigation of McKinsey's role in the U.S. opioid
2 min read - WorldUSA TODAY
Painting by Gustav Klimt sold for $32 million after being lost for about 100 years
The "Portrait of Fräulein Lieser" by prestigious Austrian painter Gustav Klimt was estimated to sell between €30 million-€50 million.
2 min read - PoliticsReuters
U.S. chip bans not meant to hobble China's growth, Blinken says
U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday. Since 2022, U.S. officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia, Advanced Micro Devices and Intel, among others. But U.S. officials have granted at least two U.S. companies - Intel a
1 min read - BusinessWrestle Zone
Vince McMahon Selling Remaining Shares Of TKO Stock
Vince McMahon is selling his remaining shares of TKO stock. As previously reported, Vince McMahon’s remaining TKO shares were registered for sale. In a new SEC filing, TKO stated that McMahon is selling his 8,258,887 shares of TKO stock. At the time of closing on Friday, the shares were valued at more than $776 million […] The post Vince McMahon Selling Remaining Shares Of TKO Stock appeared first on Wrestlezone.
1 min read
