RBC to bulk up domestic market share with $10 billion megadeal for HSBC Canada

The deal: Royal Bank of Canada has agreed to buy HSBC’s Canadian business for CAD $13.5 billion ($10.1 billion) in an acquisition that it says will enhance its global competitiveness. HSBC will make an estimated pre-tax gain of around $5.7 billion from the sale.The deal is expected to be completed in late 2023. The bigger picture: Last month, we named RBC as…

An interior designer to New York City’s elite shares the 3 fresh trends that are all the rage and 2 that are out of style

New York City interior designer Bennett Leifer said statement headboards are in and overusing white is out. Bjorn Wallander (left), Getty Images NYC interior designer Bennett Leifer outlined what’s in and what’s out right now. Textured walls, hand-painted wallpaper, and bold headboards create subtle luxury that people want. But the all-white look and overdressed windows…

Apple could sink Elon Musk’s Twitter by yanking it from the App Store. But it would put Apple in jeopardy too.

Tesla CEO Elon Musk, Apple CEO Tim Cook Brendan Smialowski/AFP, Richard Drew/Associated Press Elon Musk is claiming that Apple threatened to remove Twitter from its App Store. While Apple could find a reason to take Twitter off the App Store, it likely will not, experts said. A move like that would bring more anti-trust scrutiny…

DoorDash is laying off 6% of its staff, and it’s a warning for the entire food delivery business

DoorDash laid off 6% of its workforce. DoorDash CEO Tony Xu said DoorDash is laying off 1,250 people in a Wednesday memo, Bloomberg reports. The company is firing 6% of its workforce in an effort to cut back on operating expenses.  In the third quarter, DoorDash logged a $308 million loss from operations. DoorDash CEO Tony Xu…

Sen. Mike Braun filing to run for governor of Indiana kicks off the GOP’s first open Senate seat race of 2024

Republican Sen. Mike Braun of Indiana speaks during a Senate Appropriations subcommittee hearing on the fiscal year 2023 budget for the FBI at the US Capitol on May 25, 2022 in Washington, DC. Ting Shen/Getty Images Republican Sen. Mike Braun has filed to run for governor of Indiana in 2024.  GOP Reps. Jim Banks and…

Kraken, the 3rd-largest digital assets exchange, is laying off 30% of its staff as crypto winter deepens

Kraken on a phone KONSKIE, POLAND Kraken is laying off 1,100 of its employees, the company said in a blog post Wednesday. The news comes at a difficult time for the industry, as bankruptcies mount and crypto prices languish.  A Kraken spokesperson told Insider that the company had “no material exposure” to FTX. Kraken, the…

The 30 best fantasy book series for escaping to another realm

When you buy through our links, Insider may earn an affiliate commission. Learn more. Some of the best fantasy book series include “The Lord of the Rings,” “A Game of Thrones,” and “The Dark Tower.” Amazon; Rachel Mendelson/Insider Fantasy series let us revisit our favorite magical characters and worlds.  These recommendations aren’t just great reads…