Silicon Valley Bank Collapse Sets
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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 -
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 -
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 -
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 -
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 -
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 -
Op-ed: My bank, their bank or our bank
One of the most important conversations newlyweds need to have is figuring out how and who will pay the bills. That goal can be reached in so many ways.CNBC - 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 -
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 -
Moulin Rouge windmill sails collapse in Paris
Blades of famous cabaret venue, home of the French can-can, fall from roof overnight. The home of the high-spirited French can-can has been laid temporarily low after the sails of the red-painted windmill on top of the Moulin Rouge, the most ...The Guardian - World - France -
Dam Collapses in Western Kenya, Killing at Least 40
The country has been pummeled by heavy rains that have caused widespread flooding, part of a broader deluge that has devastated segments of East Africa.The New York Times - Top stories -
Telegraph up for sale after takeover collapses
The ownership of the Daily and Sunday Telegraph was set to be transferred to a Abu Dhabi-backed bid.BBC News - Top stories -
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 -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Micron secures $13bn in US support to expand chipmaking capacity
Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips ActFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - Business -
Additional temporary channel opens, Baltimore bridge collapse cleanup continues
A fourth temporary channel is opening for the Port of Baltimore one month after the Francis Scott Key Bridge collapsed. Two victims of the collapse still have not been recovered as crews continue to remove the wreckage. Col. Estee Pinchasin, ...CBS News - Top stories -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentivesFinancial Times - World - China -
Israel’s Military Campaign Has Left Gaza’s Medical System Near Collapse
The Israeli military’s bombardment and invasion of Gaza have decimated its health care system in a way that aid groups and international bodies are increasingly calling “systematic.”The New York Times - World - Israel -
Israel’s Military Campaign Has Left Gaza’s Medical System Near Collapse
The Israeli military’s bombardment and invasion of Gaza have decimated its health care system in a way that aid groups and international bodies are increasingly calling “systematic.”The New York Times - Top stories - Israel -
Haiti's transitional government weighs future after 'collapse' of institutions
Haiti’s transition council took power in a ceremony on Thursday, formalizing the resignation of former Prime Minster Ariel Henry as the Caribbean country seeks to establish security after years of gang violence wreaking chaos and misery.NBC News - Top stories -
Tornadoes Strike Nebraska and Iowa, Injuring at Least 9
Storms destroyed homes and injured several people in Iowa and Nebraska, including in Omaha. A tornado also hit near Des Moines.The New York Times - Top stories -
Israel’s Military Campaign Has Left Gaza’s Medical System Near Collapse
The Israeli military’s bombardment and invasion of Gaza have decimated its health care system in a way that aid groups and international bodies are increasingly calling “systematic.”The New York Times - World - Israel -
40 people die in western Kenya after a dam collapses
Police in Kenya say at least 40 people have died after a dam collapsed in the country’s westABC News - World -
40 people die in western Kenya after a dam collapses
Flash floods and a landslide swept through houses and cut off a major road in Kenya, killing at least 45 people and leaving dozens missing, the Interior Ministry saidABC News - Top stories -
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