British Gas owner Centrica is in talks with banks to secure billions of pounds in extra credit to meet ballooning collateral demands as a result of extreme volatility in energy markets. People familiar with the talks described the FTSE 100 company’s request for additional short-term financing as “pre-emptive” in case the situation deteriorates. The move … Read more
Crypto lending platform Nexo has increased the size of its buyback program, giving the company more discretionary ability to repurchase its native token to boost interest payments or make strategic investments in the future. On Tuesday, Nexo disclosed that its board of directors had committed an additional $50 million to buybacks, building off the company’s … Read more
RACINE, Wis. (CBS 58) — The city of Racine has been awarded more than $3 million from the U.S. Department of Transportation’s Federal Transit Administration. The money will be used to buy four additional all-electric buses. They’ll replace four 2011 diesel buses, which have driven over 450,000 miles. The FTA provides funding through a Low … Read more
Republic First Bancorp gets additional Nasdaq delinquency notice Source link
Infowars founder Alex Jones has been penalized $45.2 million in punitive damages by a Texas jury in the civil trial between Jones and the parents of six-year-old Jesse Lewis, who was shot and killed in the 2012 Sandy Hook massacre. This amount is in addition to the $4.1 million in compensatory damages awarded on Thursday. According to coverage … Read more
A Texas jury on Friday ordered far-right conspiracy theorist Alex Jones to pay $45.2mn in punitive damages in a lawsuit brought by the parents of a child who was killed in the 2012 Sandy Hook school shooting. The additional damages come a day after the same jury awarded $4.1mn in compensatory damages to Scarlett Lewis … Read more
The government on Friday relaxed the quantitative restriction of 10 million tonnes on sugar exports and allowed shipments of an additional 1.2 million tonnes in the current marketing year ending September. In late May, the Centre had decided to cap sugar exports at 10 million tonnes in the 2021-22 marketing year (October-September) to maintain … Read more
François Arnaud (Surface, Midnight Texas), Joshua Close (Monica, Fargo) and Troian Bellisario (Pretty Little Liars) will be joining the CBC original drama series Plan B, set for a winter 2023 debut. The series stars Patrick J. Adams as Philip (Suits, The Right Stuff) and Karine Vanasse as Evelyn (Cardinal, Revenge). Adams is best known for playing college dropout turned lawyer Mike Ross in USA Network’s Suits between … Read more
Russia has added to its so-called stop-list, barring a further 39 British politicians, officials, business people and journalists from entering the country including TV presenter Piers Morgan. Also on the list of folks who support the “demonization” of Russia, according to its Ministry of Foreign Affairs, are Labour Party leader Kier Starmer and former Prime … Read more
The U.S. will make 786,000 additional monkeypox vaccine doses available to local health departments “as soon as possible” after the Food and Drug Administration approved the shots for distribution, the nation’s top health official said on Wednesday. Health and Human Services Secretary Xavier Beccerra said the federal government will announce more allocations of the two-dose … Read more