Business

Home Capital troubles may translate to higher interest rates for some borrowers

Home Capital troubles may translate to higher interest rates for some borrowers

This stunning decline in deposits is not unexpected, given the news that emerged this week, but speaks to why Home Capital was willing to agree to such punitive terms on the line of credit. A sale becomes more likely if the firm can't reverse a decline in deposits, GMP Securities analyst Stephen Boland said earlier in a note. In Thursday's update, Home Capital said the total balance of its GICs, or guaranteed investment certificates, stood at C$12.98 billion as at April 25, compared with ...


Arkansas governor: No 'indications of pain' in Kenneth Williams execution

Arkansas governor: No 'indications of pain' in Kenneth Williams execution

Williams was initially spared the death penalty when he was sentenced to life in prison for the 1998 murder of 19-year-old cheerleader Dominique Hurd. He said he will review all of the facts as part of the routine review process, but he does not expect a written report to be compiled or a call for an independent investigation to be started.



On Heels of BDS Regulation Rollback, FCC to Consider Gutting Net Neutrality

And that there wouldn't necessarily be specific restrictions in place about how much ISPs can charge, which is what they're really about, anxious about - rate changes. That's what they were considered prior to the current rules, which the then-majority-Democrat FCC passed along party lines in 2015. Pai announced that instead of unilaterally stripping the FCC of its power to regulate the internet as a utility, he is opting for a transparent rule-making process so the people can "weigh in".



Sundar Pichai received nearly $200 mn compensation last year

Certain advertisers have curtailed their spending until they are convinced Google can prevent their brands from appearing next to extremist clips promoting hate and violence. "Advertisers can be fickle and certainly the approval of the advertiser is critical, but less so than the approval of the user", said Phil Bak, CEO of ACSI Funds, an asset manager.


S. Korea installs parts of contentious United States missile defense

S. Korea installs parts of contentious United States missile defense

The allies also planned to hold another major joint naval practice involving the USS Carl Vinson aircraft carrier in the sea off the peninsula's east coast near the end of the month, the navy said. Moon, the favorite to win the race, has said the new South Korean administration should decide on whether to deploy the THAAD after gathering public opinions and having further discussions with Washington.


Trump signs order to expand ocean oil drilling

Trump signs order to expand ocean oil drilling

Image of Trump, from the White House Flickr . Trump said in signing the order Friday that it will produce "countless" jobs and make the United States "far more energy independent". Zinke told reporters the administration will not remove the "stringent environmental safeguards already in place". He said previous restrictions on exploration and production deprive the US of "potentially thousands and thousands of jobs and billions of dollars in wealth".