Tag Archives: Collapses

[unable to retrieve full-text content]Crypto industry distances itself from Silvergate as bank collapses  Yahoo Finance Source link

Carvana (CVNA) shares were spiraling early Wednesday after the online car retailer’s biggest creditors reportedly signed an agreement to cooperate in potential restructuring negotiations as the company faces growing bankruptcy risk. Carvana’s stock plunged as much as 40% early in the trading session. Bloomberg News, citing people familiar with the matter, reported Tuesday a group of Carvana’s 10 biggest lenders holding around $4 billion of the company’s unsecured debt have made a… Source link

Carvana (CVNA) shares were spiraling early Wednesday after the online car retailer’s biggest creditors reportedly signed an agreement to cooperate in potential restructuring negotiations as the company faces growing bankruptcy risk. Carvana’s stock plunged as much as 40% early in the trading session. Bloomberg News, citing people familiar with the matter, reported Tuesday a group of Carvana’s 10 biggest lenders holding around $4 billion of the company’s unsecured debt have made a… Source link

Jurickson Profar looked like he was seriously injured on this play in Thursday’s Giants-Padres game. (Photo by Denis Poroy/Getty Images) San Diego Padres outfielder Jurickson Profar left Thursday’s game after a hard collision against the San Francisco Giants that left him hospitalized. The Padres updated his status on Friday, announcing that Profar sustained a concussion and a neck strain. He was discharged from the hospital overnight and is now resting, per the Padres. The team didn’t offer a… Source link

(Bloomberg) — The Elon Musk-propelled rally in Bitcoin just evaporated. The world’s largest cryptocurrency has erased all the gains it clocked up following Tesla Inc.’s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles. Now traders are bracing for more pain as the token hovers around a key technical level. Bitcoin dropped to about $40,300 as of 11:05 a.m. in London Wednesday, a level last seen before the EV-maker… Source link

One of the key pieces of “evidence” that supported Donald Trump’s wild claims of electoral fraud has collapsed after a postal worker reportedly admitted to fabricating damning allegations. Postie Richard Hopkins sparked outrage among Republicans after alleging that Pennsylvania postmaster Rob Weisenbach instructed employees to alter dates on ballots. Mr Hopkins accused Mr Weisenbach of telling staff to backdate votes sent in after election day. Votes cast after election day would be… Source link

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