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USA Basketball faces tough challenge in Paris Olympics
News Sports
USA Basketball faces tough challenge in Paris Olympics after disappointing World Cup
World Cup disappointment USA Basketball had a disappointing performance at the Basketball World Cup in Manila, Philippines, where they finished fourth after losing to Canada in the bronze medal game. The U.S. team, composed of NBA players, was unable to overcome the challenges posed by the international game, such as different rules, styles, and opponents. The U.S. team also suffered from a lack of continuity and chemistry, as many players…
Michigan State football coach faces hearing over harassment allegations
News Sports
Michigan State football coach faces hearing over harassment allegations
Michigan State University has suspended its head football coach, Mel Tucker, without pay after a report by USA Today revealed that he was accused of sexually harassing a rape survivor and activist last year. Tucker, who signed a 10-year, $95 million contract extension in February, making him one of the highest-paid coaches in college sports, denied any wrongdoing and said he was cooperating with the investigation. Brenda Tracy’s claims Brenda…
NLC strike disrupts Ogun tribunal judgment and Sokoto businesses
News
NLC strike disrupts Ogun tribunal judgment and Sokoto businesses
The ongoing two-day warning strike by the Nigeria Labour Congress (NLC) has affected the delivery of the Ogun State National Assembly Election Petition Tribunal judgment and the operations of some banks and businesses in Sokoto State. Ogun tribunal postpones judgment due to strike The tribunal was scheduled to give its verdict on Wednesday, September 6, 2023, on the petition filed by the Peoples Democratic Party (PDP) candidate, Dada Adeleke, against…
CEFC and MaxCap join forces to green the commercial real estate sector
Business News
CEFC and MaxCap join forces to green the commercial real estate sector
The Clean Energy Finance Corporation (CEFC) and MaxCap Group have announced a new partnership to provide green loans to commercial property owners and developers who are committed to reducing their carbon footprint. What is a green loan? A green loan is a type of financing that is specifically designed to support projects that have positive environmental or climate benefits. Green loans are aligned with the Green Loan Principles, which are…
Business Council of Canada calls for stronger national security measures
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Business Council of Canada calls for stronger national security measures
The Business Council of Canada, a group that represents 170 chief executives of the country’s largest companies, has released a report urging the federal government to enhance its national security powers to protect Canadian businesses from foreign threats. Foreign interference and espionage pose serious risks The report, titled “Protecting Canada’s Economic Security in an Uncertain World”, warns that Canadian companies face “unprecedented dangers” from foreign states such as China, Russia…
Romanian banks under scrutiny for possible cartel agreements
Business News
Romanian banks under scrutiny for possible cartel agreements
The Romanian Competition Council has launched an investigation into some of the country’s commercial banks for suspected anti-competitive practices. The authority raided the premises of several banks on September 6, looking for evidence of possible collusion regarding the reports they submit to the Credit Bureau. What is the Credit Bureau and why does it matter? The Credit Bureau is a private institution that collects and processes information about the credit…
Arson suspect arrested after disrupting light rail service in Charlotte
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Arson suspect arrested after disrupting light rail service in Charlotte
Suspect set fire to a dumpster near the tracks Charlotte police have arrested a man who allegedly set fire to a dumpster near the light rail tracks on Saturday night, causing major disruptions to the transit service and traffic in the area. According to the Charlotte-Mecklenburg Police Department, officers responded to a call of a dumpster fire near West Morehead Street and South Cedar Street around 9:30 p.m. The fire…
Dime Community Launches Healthcare Banking Vertical to Boost Commercial
Business News
Dime Community Launches Healthcare Banking Vertical to Boost Commercial Lending
Dime Community Bancshares, a New York-based company that aims to become a full-service commercial bank, announced the launch of a healthcare banking vertical on Tuesday. The new unit will focus on lending to the long-term care sector, which includes skilled nursing facilities, assisted living facilities, and home health agencies. Healthcare Lending Expert to Lead the New Unit Dime Community has hired Daniel Csillag, a veteran lender in the long-term care…
GoodFirms Unveils the Top Banking Software for 2023 Based
News Technology
GoodFirms Unveils the Top Banking Software for 2023 Based on User Reviews and Ratings
GoodFirms, a leading research and review platform, has recently published a new list of the best banking software for 2023. The list features the top-rated software solutions that can help banks and financial institutions streamline their operations, enhance customer experience, and comply with regulatory standards. What is Banking Software and Why is it Important? Banking software is a type of software that enables banks and other financial institutions to perform…
Slovenia to impose temporary bank tax for flood relief
Business News
Slovenia to impose temporary bank tax for flood relief
Bank tax to last for five years Slovenia has announced a plan to introduce a temporary tax on bank profits to help fund the reconstruction efforts after the country was hit by the worst floods in its history last month. The tax will amount to 0.2% of the banks’ total assets and will be in effect for five years, according to the Finance Ministry. The ministry said that the banking…