Tag Archives: Banks

Silicon Valley Bank’s Collapse Causes Strain for Young Companies – The New York Times

Having worked in the banking sector and having seen up-close how tightly regulated the industry is, I’m somewhat surprised that this sort of thing can happen at a retail bank. On Friday, Roku, the TV streaming company, said in a filing that roughly $487 million of its $1.9 billion in cash was tied up withContinue reading “Silicon Valley Bank’s Collapse Causes Strain for Young Companies – The New York Times”

Teamsters to create “Amazon Division”

You don’t hear much about the Teamsters union these days. If you do, it’s likely more about pension fund insolvency. Or one of Scorsese’s gangster flicks. Such news begs to ask, “Is organized labor trying to make a comeback?” And, if so, “What chance does it have of success?” Union members vote to create aContinue reading “Teamsters to create “Amazon Division””

Twitter shuts down 5,000 pro-Trump bots retweeting anti-Mueller report invective | Ars Technica

Twitter has suspended over 5,000 accounts tied to a network amplifying a message denouncing the report by Special Counsel Robert Mueller as a “RussiaGate hoax.” According to a researcher, the accounts—most of which had only posted three or four times in the past—were connected to other accounts previously used to post pro-Saudi messages. Source: TwitterContinue reading “Twitter shuts down 5,000 pro-Trump bots retweeting anti-Mueller report invective | Ars Technica”

Report: German police search Deutsche Bank offices – Los Angeles Times

German public broadcaster Hessischer Rundfunk reports that police and prosecutors are searching the headquarters of Deutsche Bank in Frankfurt in connection — Read on http://www.latimes.com/sns-bc-eu–germany-deutsche-bank-20181129-story.html