The Federal Deposit Insurance Corp. plans to announce its decision on the sale of Silicon Valley Bank this weekend, Barron’s Advisor has learned. A person familiar with the FDIC’s plans says the banking regulator hopes to introduce a resolution to the auction over the weekend. There are still many moving coins at the auction, which … Read more
EXCLUSIVE: The CW is undergoing another round of staff cuts, sources tell Deadline. We hear that over 15 people have been affected, with the marketing/promotional team affected, as well as finance. The laid-off employees would include middle and senior managers, some of whom hold SVP positions. A representative for CW’s parent company, Nexstar Media, declined … Read more
Beyonce Kevin Mazur/Getty Images Beyoncé and Adidas are parting ways. A source close to the situation tells The Hollywood Reporter that the Grammy-winning entrepreneur and the German lifestyle company have mutually agreed to go their separate ways. In 2018, Beyoncé entered into a creative partnership with Adidas, where she relaunched her Ivy Park sportswear line … Read more
Regional banks shouldn’t be the only cause for concern over the potential fallout from the rapid pace of Federal Reserve interest rate hikes over the past year, a former top banking regulator said. “I don’t see regional banks as having a particular problem,” said Sheila Bair, who ran the Federal Deposit Insurance Corp. from 2006 … Read more
Did Millie Bobby Brown turn down a multi-million dollar deal to take on Eleven in a ‘Stranger Things’ spin-off series? The Sun and Daily Mail reported it this week, with sources saying Brown was offered $12m (£10m) for a potential Eleven spin-off but rejected it because that she wants to “diversify” into other roles. The … Read more
Ben Affleck has revealed his wife Jennifer Lopez is addicted to ‘Yellowstone’, just like us. The ‘Air’ actor revealed his wife loved one couple in particular on the hit show. “I’m a little disturbed that my wife really likes ‘Yellowstone’,” Affleck joked during an appearance on “The Bills Simmons Podcast.” Affleck added that Lopez is … Read more
Candy and snacks at your local market could be made with different ingredients if a bill proposed by California Assemblyman Jesse Gabriel passes. Last month, Gabriel (D-Woodland Hills) introduced AB 418, which would ban the sale, manufacture and distribution of foods containing chemicals linked to health conditions including reduced immune response, hyperactivity in children and … Read more
Getty/Everett/Caryn Mandabach Productions Ltd & Tiger Aspect Productions Ltd EXCLUSIVE: Paramount Pictures has preemptively acquired a remake of the psychological thriller directed by Alfred Hitchcock in 1958 vertigo, with Robert Downey Jr eyeing James Stewart’s lead role of the former police detective forced into retirement after a duty-related trauma that leaves him with a fear … Read more
South Florida police released a statement asking for help in identifying the group of attackers who ambushed rapper Teskashi 6ix9ine in the bathroom of a South Florida gymnasium on March 21, leaving him hospitalized. The 26-year-old rapper, whose real name is Daniel Hernandez, was recorded being attacked by a group of assailants and leaving the … Read more
Good morning! Welcome to Distributed Ledger. Meet Frances Yue, crypto reporter at MarketWatch. Coinbase crypto exchange PIECE OF MONEY said Wednesday that he received a Wells notice from the Securities and Exchange Commission, which could lead to formal charges. The SEC’s Wells notice related to an unspecified portion of the exchange’s listed digital assets, its … Read more
