Silicon Valley Bank Investigation
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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 -
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 -
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 -
U.S. Investigating Tesla Recall of Autopilot
The National Highway Safety Administration also released an analysis of crashes involving the system that showed at least 29 fatal accidents over five and a half years.The New York Times - Business - Tesla -
'Questions for PSNI' over Simpson investigation
Katie Simpson, 21, died in Altnagelvin Hospital following an incident in Lettershandoney in August 2020.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 -
Wife of Spanish PM investigated for alleged corruption
Judge opens preliminary probe into allegations of influence peddling by Begoña GómezFinancial Times - World -
Bishop investigated over misleading accounts claim
Bishop Anne Dyer, who was suspended in 2022 over allegations of bullying, denies the new claims.BBC News - Top stories -
McKinsey Is Under Criminal Investigation for Its Opioid Work
Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale of painkillers like OxyContin.The New York Times - Business -
McKinsey Is Under Criminal Investigation for Its Opioid Work
Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale of painkillers like OxyContin.The New York Times - Top stories -
MLA who quit was facing standards investigation
Alliance MLA Patrick Brown failed to attend the standards investigation committee hearing on Wednesday.BBC News - Top stories -
Wife of Spanish PM investigated for alleged corruption
Judge opens preliminary probe into allegations of influence peddling by Begoña GómezFinancial Times - Business -
Two men charged in Channel deaths investigation
Five migrants, including a child, were killed in a crush on board a boat crossing the Channel.BBC News - Top stories -
U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.The Wall Street Journal - World -
Iowa athletes suing over betting investigation
More than two dozen athletes who were based in Iowa have filed a federal lawsuit alleging state criminal investigators violated their constitutional rights during a widespread sports wagering investigation.ESPN - Sports -
Columbia’s University Senate Calls for an Investigation Into the Administration
The senators voted for a resolution that accused the administration of breaching the due-process rights of students and professors.The New York Times - Top stories -
Poisoned cheesecake used as a weapon a first for NY investigators
Viktoria Nasyrova attempted to murder a woman with cheesecake. As one private investigator would find out, she had a list of alleged victims — including her ex-boyfriend's dog.CBS 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 -
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 -
Trump Media asks lawmakers to investigate "unlawful trading activity"
Trump Media CEO Devin Nunes is asking four House committees to investigate possible "naked" short selling in the company's shares.CBS News - Top stories - Donald Trump -
Spanish PM considers quitting as wife faces corruption investigation
Pedro Sánchez says he will announce decision on his political future next weekFinancial Times - Business -
Chinese swimming row rumbles on as Ukad joins clamour for investigation
Ukad calls for transparency from Wada on positive testsBody has noted developments in the case ‘with concern’Pressure continues to grow on the World Anti-Doping Agency (Wada) after UK Anti-Doping (Ukad) became the latest body to call for an ...The Guardian - World - China -
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.The Wall Street Journal - World -
Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.
Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.CNBC - Business