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Report: The FTC May Slam Facebook With 'Record-Setting' Fine Over User Privacy
Gizmodo.com

Federal Trade Commission staff assessing whether social media giant Facebook violated a legally binding user privacy agreement with the agency are considering slapping the company with a “record-setting fine,” the Washington Post reported Friday, citing “thre… more…

Market Turmoil Hurt Citi’s Revenue as ’18 Ended, Signaling Possible Trouble
The New York Times

The first of the largest United States banks to report earnings for last year’s fourth quarter warned that Fed policy and the trade war between the United States and China were creating new risks. more…

60% of the planet's wild coffee species face extinction. What that means for your morning caffeine kick.
Mashable

A triple whammy of disease, climate change, and deforestation has threatened around 60 percent of the planet's wild coffee species. While this hasn't yet imperiled the world's coffee supply, it jeopardizes your favorite coffee's resiliency in the face of prof… more…

Remain or Leave? A Photographic Journey Through Brexit
The New York Times

With a March 29 deadline fast approaching, Britain’s path from the European Union seems as murky as ever. The referendum in June 2016, and the ensuing debate, exposed and hardened divisions. more…

US shutdown: 'It's scary, I don't know how long we'll last'
BBC News

As America's longest government shutdown continues, federal workers look to online donors to survive. more…

Fintech firms want to shake up banking, and that worries the Fed
Reuters

The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold. more…

Pessimism clouds UK banking as demand for services drops
The Guardian (AU)

One in three banks suffer a fall in business as Brexit uncertainty, regulation and market volatility bites British banks have suffered their first drop in demand for five years as Brexit uncertainty, regulation and market volatility took their toll. The lates… more…

A burst of good news can’t hide the economic hazards ahead in 2019
The Guardian (AU)

Doomsayers warn of a slump as early as next year – and it might be too late to prove them wrong Almost as soon as the world’s most eminent economic doomsayers began to warn about an impending slump, possibly as soon as 2020, policymakers were out of the block… more…

THE EVOLUTION OF THE US NEOBANK MARKET: Why the US digital-only banking space may finally be poised for the spotlight (GS, JPM)
Business Insider

This is a preview of a re search re port from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Neobanks, digital-only banks that aren’t saddled by traditional banking te… more…

Jamie Dimon just issued a stark warning to shadow banks saddled with billions in leveraged loans (JPM)
Business Insider

Investors who sit outside the traditional banking sector, some of whom are "quite bright," are "going to get hurt" when the corporate credit cycle turns, according to JPMorgan CEO Jamie Dimon. The regulated banking system has much less exposure to the types o… more…

Stocks slump as more bad data out of China adds to global growth concerns
Business Insider

Stocks fell Monday after China posted dismal trade data. The results underscored expectations for global economic growth to slow. Watch stocks trade in real time here. Wall Street opened lower Monday as dismal economic data out of Beijing raised concerns that… more…

The Fed is worried about fintechs and how they're regulated
Business Insider

This story was delivered to Business Insider Intelligence " Fintech Briefing " subscribers. To learn more and subscribe, please click here. The US Federal Reserve is reluctant to give fintechs, such as alt lenders OnDeck and Kabbage, access to the country’s f… more…

The dealmaker behind one of the most active marijuana VCs breaks down how he picks what companies to invest in
Business Insider

The dealmaker behind one of the most active marijuana venture capital funds describes his outlook for the industry in 2019. Canopy Rivers, the venture arm of Canopy Growth, announced a $6.8 million investment into Greenhouse Juice Company on Monday, on top of… more…

Three Mark's, two Rob's, one Rich: Meet the 6 potential successors to replace Larry Fink as head of the world's largest asset manager
Business Insider

Six BlackRock executives are in line to replace chief executive officer Larry Fink – who has made no public plans to retire. One of these potential successors, Mark Wiedman, was promoted to a new role last week. This prompted speculation about who could event… more…

Oysters play a huge role in keeping the oceans clean — but we're killing up to 90% of them in some areas
Business Insider

Oysters play a large role in keeping the sea clean and full of life. Just one oyster can filter up to 50 gallons (227 liters) of water a day, removing pollutants and chemicals. But the populations of oysters around the world have collapsed. Now scientists are… more…

Netflix Has Been the Hottest Stock Since Christmas. Here's Why.
Entrepreneur.com

The streaming service announced its quarterly earnings on Thursday. more…

Will Stablecoins Solve Entrepreneurs' Biggest Problem?
Entrepreneur.com

Maybe you've never heard of them, but pay attention: This cryptocurrency, backed by traditional currency, could solve a lot of your problems. more…

RBC cuts five-year fixed mortgage rate, other banks expected to follow - The Globe and Mail
The Globe And Mail

RBC cuts five-year fixed mortgage rate, other banks expected to follow The Globe and Mail Royal Bank of Canada has become the first of the major banks to lower its posted interest rate for five-year fixed-term mortgages, a move that has been widely... View fu… more…

Toddler's miraculous tumble - World News - Castanet.net
Castanet.net

Toddler's miraculous tumble - World News Castanet.net Toddler in car seat falls out of moving vehicle as mother drives away unaware Global News Toddler strapped into a car seat flies out of a vehicle Daily Mail Dash cam records toddler in car seat fall out of… more…

HSBC tells Welsh customer not to complain in 'foreign' language
The Guardian (AU)

Bank asked ‘shocked’ customer to resend message in English A major bank told a customer who wrote to it in Welsh to complain that some services were not available in her language that she should communicate with it in English rather than a “foreign” tongue. N… more…