Silicon Valley Bank 60 Minutes
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Nvidia I Sunday on 60 Minutes
One of only five companies to ever surpass $2 trillion in stock market value, computer chip maker Nvidia ushered in the artificial intelligence revolution with its groundbreaking software and graphics processing unit. Bill Whitaker reports, Sunday.CBS News - Top stories -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
Crisis at Pearl Harbor I Sunday on 60 Minutes
Jet fuel from a Navy facility leaked into the water system, contaminating the drinking water for thousands of military families. Families say they are dealing with ongoing health issues and are suing the government. Sunday.CBS News - Top stories -
Children of War I Sunday on 60 Minutes
Scott Pelley reports on America’s children of war, often overlooked, who live with disabled military veterans. Millions of kids are stepping up to help wounded warriors and their families deal with the emotional and physical trauma of service. ...CBS News - Top stories -
Silicon Valley’s General Catalyst closes in on $6bn fund for tech start-ups
Venture capital firm’s success underlines divergence between big names and smaller groups as fundraising slows more broadlyFinancial Times - Business -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - Business -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
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WATCH: Tourists flock to see Death Valley in bloom
Gorgeous fields of wildflowers are taking over California with bright yellow daisies even popping up in Death Valley, the driest and hottest place in America.ABC News - Top stories -
Roma to play out 18-minute game with Udinese
AS Roma and Udinese are to play out the final 18 minutes of their Serie A clash on Thursday, nearly two weeks after Evan Ndicka's on-pitch collapse caused the game to be suspended.ESPN - Sports -
10 Best Lubes (2024): Water-Based, Silicone, and Lube Dispensers
For the most sensitive parts of the human body, friction is the enemy. Here’s how to keep it at bay.Wired - Tech -
Survey finds that 60 firms are responsible for half of world’s plastic pollution
Study confirms Philip Morris International, Danone, Nestlé, PepsiCo and Coca-Cola are worst offenders. Fewer than 60 multinationals are responsible for more than half of the world’s plastic pollution, with five responsible for a quarter of that, ...The Guardian - World -
Rams unveil 60-yard turf football field on shore of Hermosa Beach
The 60-yard turf football field will be used for a weeklong series of community efforts.ESPN - Sports -
JLab JBuds ANC 3 Review: A $60 Alternative to Apple AirPods Pro
For less than you’d spend on dinner out for two, you can snag this pair of excellent noise-canceling earbuds.Wired - Tech - Apple -
Watch Rickie Fowler ace the third hole at Pine Valley
Fowler's hole-in-one was recorded while he was playing with Justin Thomas at the top-ranked club.Yahoo Sports - Sports -
Have you got five minutes to talk about investing?
It is high time we normalised conversations about moneyFinancial Times - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
14 Last-Minute Tool Deals From Home Depot and Lowe's: Power Tools, Yard Tools, Hand Tools
Spruce up that home, yard, and garage with deals on everything from power tools to lawn gear while you still can.Wired - Tech -
'This is phenomenal' - England seal Grand Slam with hard-fought win in France
Reaction after England beat 14-player France in Bordeaux to secure a third successive Women's Six Nations Grand Slam.BBC News - Top stories -
14 Last-Minute Tool Deals From Home Depot and Lowe's: Power Tools, Yard Tools, Hand Tools
Spruce up that home, yard, and garage with deals on everything from power tools to lawn gear while you still can.Wired - Tech -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Top stories -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Politics -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Harvey Weinstein’s rape conviction in New York overturned on appeal
State appeals court found mistakes in prosecution of former film mogul that gave momentum to #MeToo movementFinancial Times - Business - New York -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Regulators Seize Troubled Philadelphia Bank, Republic First
The bank had some of the same problems as the ones that failed in 2023.The Wall Street Journal - World -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
Capital levels are a poor predictor of bank failure
Regulators should be embracing much more sophisticated measures of lenders’ healthFinancial Times - Business -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business