CNN — When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew the options for those startup founders were limited. SVB …
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Fox News is about to enter the true No Spin Zone
CNN — This is it. The media defamation trial of the century is on the precipice of kicking off in Wilmington, Delaware, in just days. Jury selection in Dominion Voting Systems’ monster $1.6 billion defamation lawsuit took place all of Thursday, with 300 potential jurors being summoned to court. Good progress was made and the presiding judge noted that there …
Read More »Retail spending fell in March as consumers pull back
Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4% decline, according to Refinitiv, and …
Read More »Stock market and bank earnings updates: Dow and S&P 500
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Read More »Last-minute tax-filing tips | CNN Business
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Read More »Memphis Police release video of deadly Tyre Nichols beating
The city of Memphis on Friday released police surveillance and body-camera video showing the disturbing events of a traffic stop that led to the fatal beating of a Black man, Tyre Nichols. Four separate videos depicted the events of the traffic stop, which included Nichols being pulled from his car and violently restrained by several police officers, all of whom …
Read More »North Korea fires missile over Japan, triggering emergency warnings
North Korea fired at least two more ballistic missiles on Thursday, one of them sailing over northern Japan and landing in the Pacific Ocean, according to Japanese and South Korean officials. Warnings were issued for residents in the Japanese prefectures of Miyagi, Yamagata and Niigata to shelter in their homes or go underground. The latest barrage comes a day after …
Read More »Paris court will deliver verdict for ex-Liberian rebel case on Wednesday
A Paris court will deliver a verdict Wednesday in the trial of a former Liberian rebel on charges of torture, acts of barbarism and complicity in crimes against humanity during the country’s civil war almost 30 years ago. Kunti Kamara, 47, is accused of “complicity in massive and systematic torture and inhumane acts” against civilians in Liberia’s Lofa county in …
Read More »Danish leader quits in bid to form new Cabinet despite win
Despite finishing first in Denmark’s election, Prime Minister Mette Frederiksen decided to step down along with her Social Democratic government Wednesday in an attempt to build a broader coalition across the political divide. Frederiksen’s announcement came after a dramatic vote count in which the center-left bloc that has backed her since 2019 retained its majority in Parliament by a single …
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