New Jersey’s casinos and horse tracks that take sports bets saw their revenue increase by 10.4% in February. Those figures include both in-person and online types of gambling. Money won from in-person gamblers gained only slightly for the month, and only three of the nine casinos won more than they […]
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Oregon puts rebates for electric vehicles temporarily on hold
A program in Oregon giving rebates for buying or leasing electric vehicles has become a victim of its success. The state has temporarily suspended rebates for a year starting in May because too many people are applying, and the program is running out of money, according to a report by […]
CCP-linked Silicon Valley Bank depositors could be ‘made whole’ by US: Yellen
Treasury Secretary Janet Yellen disclosed on Thursday that the U.S. banking system could potentially allow for Chinese Communist Party-linked (CCP) Silicon Valley Bank depositors to be “made whole.” Sen. James Lanklord, R-Okla., asked Yellen about the reported CCP-linked depositors during a Senate Finance Committee hearing. “It has been reported publicly […]
YouTube TV users will see 13% subscription price increase
YouTube TV users are about to pay more for their subscriptions. Google revealed Thursday an $8 monthly price hike on its YouTube TV base plan subscription, making it $72.99 a month. The cost had been $64.99 per month for three years, according to a tweet from YouTube TV. The change […]
Michael Jordan in ‘serious talks’ to sell majority stake of Hornets: report
Michael Jordan is in major discussions to sell a majority stake in the Charlotte Hornets, according to a report. Jordan became part-owner of the organization in 2006 when they were the Bobcats, and he became the majority owner four years later. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Jordan […]
First Republic Bank headed for possible sale after institutional bailout
Many of the institutions involved in the bailout of the beleaguered First Republic Bank are also said to be looking to make a possible purchase of the San-Francisco-based institution, Fox Business has learned. Those said to be interested include Morgan Stanley and PNC Bank — several of the same firms that put up […]
LARRY KUDLOW: Biden’s first full year in office mangled the economy
As Edward Lawrence reported, the latest in the alleged banking crisis saga is that a bunch of big banks are going to try to move deposits into First Republic Bank in order to stabilize the situation. That’s how I understand it. First Republic stock jumped over 30% on the news. […]
Credit Suisse faces lawsuits from US shareholders for allegedly concealing financial woes
Credit Suisse is facing legal action from U.S. shareholders who allege the Swiss Bank failed to disclose its financial woes and violated securities laws. Class-action lawsuits have been filed against Credit Suisse in federal court alleging the bank made false or misleading statements about its finances and failed to adequately […]
First Republic Bank executives sold $12 million in stock in months before crash
Top executives of First Republic Bank sold millions of dollars of company stock in the two months before the bank’s shares plummeted during the panic over the health of regional lenders. The bank’s chief risk officer sold on March 6, according to government documents. Two days later, Silicon Valley Bank […]
Ben & Jerry’s returns ‘Free Cone Day’ for first time since COVID pandemic
Ben & Jerry’s is reintroducing its “Free Cone Day” after taking a COVID-19 pandemic-related hiatus. Customers can visit their local Ben & Jerry’s stores on April 3 between 12 p.m. and 8 p.m. to receive a free ice cream cone. The last time the Vermont-based ice cream chain offered Free […]