Sunday , 8 February 2026

Recent Posts

HomeGoods finally launches a website

Bloomberg HomeGoods Inc has finally gone online as the ubiquitous retailer looks beyond brick-and-mortar at a time of soaring e-commerce demand. The discount home-decor chain began offering items including bedding, kitchen goods and seasonal products on its website. HomeGoods said it sees the e-commerce store as a complement to its network of more than 820 physical locations. The late launch …

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Japan’s banks desperate hunt for yield draws more scrutiny

Bloomberg Japan’s financial regulator (FSA) is keeping a closer watch on the nation’s banks and insurers as their drawn out hunt for yield pushes them into riskier non-traditional assets. After years of ultra-low interest rates and record levels of deposits, it’s “inevitable” that firms are taking bigger risks, according to Toshinori Yashiki, who’s in charge of assessing risk at banks …

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BofA outage shuts out thousands online

Bloomberg Bank of America Corp.’s (BofA) online-banking platform went down for several hours, leaving thousands of customers locked out of their accounts before service was restored. The outage started in the morning and began to be resolved midday. Bank of America’s website and app were both at full capacity in New York, according to a company spokesman. “Today, some of …

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