The crypto industry may have weathered the storm, but the aftermath will be significant as they face a de-banking crisis and some uncertain next steps. So, to start with, three banks collapsed in less...
Tag: closures
TeraWulf Addresses U.S. Bank Closures
EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more...
Shocking, ‘impossible’ gas bills push restaurants to the brink of closures
A gas bill at Chinatown favorite Hop Woo was recently $13,656.25. With surging gas prices, can California restaurants stay afloat? (Myung J. Chun/Los Angeles Times) The key to Vietnamese restaurant Ph...
Aussie regulators review Binance Australia Derivatives over account closures
Binance Australia Derivatives sent an abrupt message to a select group of users on Feb. 23, saying it would be immediately closing their accounts due to a false classification of some users as “wholes...
Crypto Users Report Closures Of FTX-Linked Bank Accounts
Despite the FTX crypto exchange crash being more than one month in the past already, users are seemingly still suffering the effects of the implosion that goes beyond just their funds being stuck on t...
Walmart CEO says shoplifting could lead to price jumps, store closures
Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO Doug McMillon said Tuesday. “T...
Lebanon turns to crypto amid bank closures; FTX seeks to raise $1B; Zilliqa launches web3 gaming console
The biggest news in the cryptosphere for Sept. 22 includes Binance’s newly-set Global Advisory Board that’ll foster responsible regulation of the crypto sector, the agreement Russia’s financial watchd...
Bed Bath & Beyond announces store closures, layoffs and new financing to fix struggling business
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Bed Bath & Beyond on Wednesday announced swift and significant steps it is t...
Bed Bath & Beyond Tanks Nearly 30% As It Announces Layoffs And Store Closures
Topline Bed Bath & Beyond’s stock fell 28.7% to $8.64 in premarket trading Wednesday after the struggling home retailer unveiled several initiatives to turn around the business, as the rollercoast...
Flash flooding in Texas forces road closures and rescues
Brooke Conley looks for personal items to salvage at her flooded wellness studio in the Fair Park section of Dallas, Tuesday, Aug. 23, 2022. Residents are cleaning up the day after heavy rains across ...
Starbucks informs workers at two stores of closures, union claims retaliation
A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near SchultzR...
Dozen Crypto Companies Await Portugal License Despite Bank Account Closures – Bitcoin News
The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that so...
Portuguese Crypto Exchanges Hit with Bank Account Closures
Crypto users in Portugal face new uncertainty after some major banks close down accounts involved with cryptocurrency trading. This is a huge blow considering that Portugal is one of Europe’s most cry...
What McDonald’s closures in Russia could mean for the country
Two months after the fall of the Berlin Wall in 1989, McDonald’s — the very symbol of Western capitalism — opened its first store in the Soviet Union. It was a big moment, and the restaurant dre...
50,000 retail store closures in U.S. by 2026 after pandemic pause
A pandemic shakeup in 2020 led to a surge in store closures, coupled with dozens retailers filing for bankruptcy, which emptied out shopping malls and left vacancies scattered along the streets major ...
So Much For Coal’s Rebound-Plant Closures Are Roaring Back. Smart Policy Must Unlock A Just Transition.
Coal roared back to life in 2021, showing it will be part of our energy mix for years to come. Or, at least that’s what industry proponents say. Even though the Ukraine invasion has given coal executi...