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TechCrunchFloat Financial, which aims to be the Brex of Canada, lands US$48.5M Series B
Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian SMBs, which CEO and co-founder Rob Khazzam said are “overlooked due to Canada’s banking monopoly and tough economic climate.” Goldman Sachs Growth Equity led the financing, which included participation from OMERS Ventures, FJ Labs, Teralys, and existing investor Garage Capital.
- Yahoo Life Shopping
Lululemon vs. Athleta: Which pair of pricey leggings is worth the splurge?
It's a close call, but one of these athleisure brand's performance pants leaves me feeling more secure and supported.
- Yahoo News
Los Angeles wildfires live updates: At least 24 killed; Santa Ana winds return to region as officials warn of 'particularly dangerous situation'
Three large fires continue to burn in Los Angeles County, where nearly 100,000 people remain under mandatory evacuation orders.
- The Canadian Press
Palestinians dedicate a new West Bank olive grove to Jimmy Carter
TULKAREM, West Bank (AP) — Palestinian activists and residents planted a grove of 250 olive trees in a northern West Bank town on Monday in memory of the late U.S. President Jimmy Carter, describing him as a staunch supporter of the Palestinian cause.
- The Canadian Press
Judge clears the way for release of special counsel Smith's report on Trump's 2020 election case
WASHINGTON (AP) — The Justice Department can publicly release special counsel Jack Smith's investigative report on President-elect Donald Trump's 2020 election interference case, a federal judge said Monday in the latest ruling in a court dispute over the highly anticipated document days before Trump is set to reclaim the White House.
- The Canadian Press
Trump flies US flag at full height before end of 30-day mourning period following Carter's death
WEST PALM BEACH, Fla. (AP) — U.S. flags at President-elect Donald Trump 's private Mar-a-Lago club are back to flying at full height.
- Associated Press
Texas man charged with stalking WNBA and Indiana Fever star Caitlin Clark
Authorities in Indianapolis have charged a 55-year-old Texas man with felony stalking of Indiana Fever star and WNBA rookie of the year Caitlin Clark. Michael Thomas Lewis is accused of repeated and continued harassment of the 22-year-old Clark beginning on Dec. 16, the Marion County prosecutor's office wrote in a Saturday court filing. Lewis posted numerous messages on Clark's X account, according to an affidavit from a Marion County sheriff's lieutenant.
- Evening Standard
Pound falls again and borrowing costs hit new high but Keir Starmer backs Rachel Reeves until next election
Opposition parties have criticised the Chancellor’s trip to Beijing amid the economic problems facing Britain
- Reuters
Brazil's Nubank partners with convenience store Oxxo to expand in Mexico
Brazilian digital lender Nubank has signed an agreement with Mexican convenience store chain Oxxo, run by FEMSA, to expand its cash deposit and withdrawal network in the North American country, the firms announced on Monday. Warren Buffett-backed Nubank, one of the Latin America's largest firms by market value, has been aiming to scale its operations in Mexico and Colombia after growing in Brazil, its home market, where it has more than 100 million customers. While Nubank's Brazil operations are nearly fully digital, the lender has been using different strategies to grow in Mexico, where cash remains a top payment method.
- Deadline
The 2025 Oscars: Everything We Know So Far About The Nominations, Ceremony, Date & Host
UPDATED with latest: The Los Angeles wildfires have thrown a wrench into the normal flow of events ahead of the 97th Academy Awards, postponing the nominations announcements twice and canceling the nominees luncheon, which was set for Feb. 10. The ceremony is still slated for March 2. At first, the nominees announcement was pushed back …
- The Independent
Will Labour’s AI revolution make your life better or worse?
The prime minister says AI will transform the lives of everyone from teachers to homebuilders, but is everyone’s job safe?
- Reuters
Top House Republican says should be conditions on California wildfire aid
Republican U.S. House Speaker Mike Johnson said on Monday that Congress should place conditions on aid to Los Angeles communities devastated by wildfires, alleging that state and local officials in largely Democratic California have mismanaged the state's water resources and forests. He said disaster aid for California has not yet been discussed broadly within his House of Representatives Republican conference.
- The Independent
California fires latest: Los Angeles warns of ‘critical’ threat as death toll rises to 25
Palisades and Eaton fires continue to rage through southern California as Santa Ana winds set to return
- TechCrunch
Prince Harry and Meghan Markle are slamming Meta over its fact-checking policy
Prince Harry and Meghan Markle have joined the ranks of those displeased with Meta’s changes to fact-checking and have released a statement saying that the changes “directly underminds free speech.” “Meta’s changes to its ‘Hateful Content Policies’ do not protect free expression but instead foster an environment where abuse and hate speech silence and threaten the voices of whole communities who make up a healthy democracy,” they wrote. Michael McConnell, co-chair of Meta’s oversight board, also expressed concern, adding that the oversight board was not consulted on the changes.
- The Canadian Press
The Latest: Threat remains critical amid the battle against Los Angeles area wildfires
More powerful winds were expected to trigger new wildfires that could set back the recent progress made in containing blazes that have destroyed thousands of homes and killed at least 24 people.
- Deadline
As Mediterranean Claims More Migrant Lives, Oscar-Shortlisted ‘Until He’s Back’ Trains Lens On Distraught Families Of The Missing
In the last 10 years, more than 25,000 migrants and refugees have died trying to cross the Mediterranean to Europe, according to UN High Commissioner for Refugees. The Missing Migrants Project estimates more than 12,000 people have been lost at sea in the Central Mediterranean alone in that timeframe, their bodies never recovered. Despite those …
- The Canadian Press
Oklahoma's Republican AG jumps early into race for open governor's seat
OKLAHOMA CITY (AP) — Oklahoma's Republican Attorney General Gentner Drummond, who has at times pushed back against his own party's governor and other politicians who sought to push religion into public schools, announced Monday his candidacy for governor.
- The Canadian Press
More firefighters rush to Los Angeles as stronger winds are forecast
LOS ANGELES (AP) — A growing force of firefighters and equipment moved into the Los Angeles area Monday as another round of powerful winds threatened to trigger new wildfires and set back recent progress in containing blazes that have destroyed thousands of homes and killed at least 24 people.
- Deadline
Jane Seymour Housing Her ‘Dr. Quinn, Medicine Woman’ Co-Star Joe Lando During L.A. Fires
Dr. Quinn is once again coming to the aid for someone in need: Jane Seymour, the star of the ’90s drama Dr. Quinn, Medicine Woman, took in her co-star/on-screen love interest Joe Lando after his home was destroyed in the Palisades fire. “Thankfully there are angels in this world. We’re left with nothing except each …
- Yahoo Finance
Shake Shack CEO on the burger chain's new growth plan, international ambitions
Shake Shack eyes major growth potential to become more than just a NYC-based roadside burger chain.