May 12, 2023
“Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that was drained of $16 billion by the collapse of Silicon Valley Bank and two other lenders, although mid-sized banks will also be on the… Continue Reading…
March 27, 2023
“First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in the biggest US bank failure in more than a decade… The deal to settle SVB’s fate could help tamp down… Continue Reading…
March 14, 2023
“On Friday, Signature Bank customers spooked by the sudden collapse of Silicon Valley Bank withdrew more than $10 billion in deposits, a board member told CNBC. That run on deposits quickly led to the third-largest bank failure in U.S. history. Regulators announced late Sunday that Signature was being… Continue Reading…
November 11, 2019
“There’s a new type of Takata airbag failure to worry about on top of the recall that recently affected at least 37 million cars worldwide. BMW Australia initiated a voluntary recall of 12,663 E46-generation 3 Series cars following two separate airbag-related incidents… Continue Reading…
Business
“THREE Boeing crashes in two days: Terrified passengers scramble to escape burning jet in Senegal and tyre explodes on 737 landing in Turkey – 24 hours after nose gear failure caused 767 to slam into runway” [Commentary]
May 13, 2024
https://www.dailymail.co.uk/news/article-13399941/THREE-Boeing-crash-landings-two-days-Terrified-passengers-scramble-escape-burning-jet-Senegal-tyre-explodes-737-landing-Turkey-24-hours-nose-gear-failure-caused-767-slam-runway.html The headline basically tells the story. While these events are tragic this volatility is great for day trading. Day traders might want to take advantage while they can.
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