Silicon Valley Bank Branches Closed
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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 -
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 -
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkABC News - Top stories -
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 -
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 -
Southwest closing operations at four airports
Southwest is closing operations at four airports because of delivery delays for Boeing airliners. The cutback comes as the airline reported a first-quarter loss of $231 million, and said it will also limit hiring and offer voluntary leave to ...The Hill - Politics -
Science is closing in on the frailties of old age
Research is finding ways to extend animal lifespans but regulators are still wary of treating ageing as a diseaseFinancial Times - Business -
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 -
American Leaders Need to Close the Cookie Jar
They seem to have forgotten how. Fortunately, readers have some suggestions.The Wall Street Journal - World -
Trump trial closes out first week of testimony
Ex-tabloid publisher David Pecker took the stand again Friday to detail the scheme he helped broker to suppress stories that could have hurt Donald Trump's 2016 campaign. Robert Costa has more.CBS News - Top stories - Donald Trump -
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 -
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
A little over a year ago, Chipotle announced the opening of its first Farmesa location.CNBC - Business -
College protests live updates: Police crack down as encampments spread
Protests have broken out at colleges and universities across the country in connection with the war in Gaza.ABC News - Top stories -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodityFinancial Times - World -
When U.S. Officials Visit China, Their Food Choices Are Closely Watched
Visits to China by American officials like Secretary of State Antony J. Blinken can bring fame to local restaurants, as well as scrutiny to the dignitaries.The New York Times - World -
When U.S. Officials Visit China, Their Food Choices Are Closely Watched
Visits to China by American officials like Secretary of State Antony J. Blinken can bring fame to local restaurants, as well as scrutiny to the dignitaries.The New York Times - Top stories -
FIFA Said to Be Close to TV Deal With Apple for New Tournament
The agreement would give the tech company worldwide rights for a monthlong World Cup-style competition between top teams set to take place next year.The New York Times - Tech - Apple -
Tourist hospitalized after shark attack. Tobago closes several beaches
A shark attack on a British tourist in the southeastern Caribbean prompted the government of Trinidad and Tobago to close seven beaches and a marine parkABC News - World -
Trump trial sees new witnesses to close out first week of testimony
Prosecutors in former President Donald Trump's criminal trial in New York called two new witnesses to the stand on Friday, rounding out the first week of testimony.CBS News - Top stories - Donald Trump -
Tourist hospitalized after shark attack. Tobago closes several beaches
A shark attack on a British tourist in the southeastern Caribbean prompted the government of Trinidad and Tobago to close seven beaches and a marine parkABC News - Top stories -
Julen Lopetegui closes on Milan appointment to dash West Ham hopes
Lopetegui was one of frontrunners to replace David MoyesFormer Wolves manager more attracted by chance to join MilanMilan are close to appointing Julen Lopetegui, which puts him out of the running to replace David Moyes as West Ham’s manager.. ...The Guardian - World -
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 -
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 -
Minnesota's Naz Reid wins NBA's Sixth Man of the Year award, edging Malik Monk in close vote
Naz Reid, who helped the Minnesota Timberwolves overcome an injury to Karl-Anthony Towns to have one of the best seasons in franchise history, was voted the NBA’s Sixth Man of the YearABC News - Sports -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Technical glitch temporarily closed southern Norway airspace, causing delays at Oslo airport
A technical problem caused aviation authorities in Norway to temporarily close the airspace over the south of the country, leading to significant delays at Oslo airportABC News - World -
2024 NFL Draft closes chapter for COVID-wrecked 2021 recruiting class defined by visit bans, canceled season
For better or worse, the Class of 2021 finally gets the (in-person) stage it deservesCBS Sports - Sports - NFL