Silicon Valley Bank S Collapse Chills Start Up Funding
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Airchat Is Silicon Valley’s Latest Obsession
It’s time for another audio-first social network with a long wait list and vague moderation policies. What could go wrong?Wired - Tech -
Japan’s Rapidus chip foundry opens U.S. subsidiary in Silicon Valley
Rapidus, a chip contract manufacturer, or foundry, in Japan, announced it set up a U.S. subsidiary and opened an office in Silicon Valley.VentureBeat - Tech - Japan -
Juice up your S&P 500 fund for higher returns
What you add to the S&P 500 can spice up your results, for higher returns and possibly lower risksMarketWatch - Business -
The German valley that was swept away: ‘The cemeteries gave up their dead’
When the Ahr River burst its banks in 2021, 188 people died and whole villages and towns were destroyed. Could it all happen again?. When the waters rose, Meike and Dörte Näkel weren’t worried. People in this part of the world, the Ahr valley in ...The Guardian - World -
U.K. regulator issues warning to fund manager Woodford five years after fund collapse
Five years after a fund’s collapse, the U.K. financial watchdog issued a warning notice to Neil Woodford and his fund management company, Woodford Investment Management.MarketWatch - Business -
Development funds dash for donor cash at World Bank and IMF meetings
Money to assist with debt repayment, climate resilience and poverty reduction strained amid wars and electionsFinancial Times - World -
Dow Advances as Markets Stabilize
U.S. stocks edged higher, with the Dow industrials leading gains, as investors cheered earnings from Morgan Stanley and UnitedHealth and digested comments from Fed Chair Jerome Powell.The Wall Street Journal - World -
Resurgent inflation looms over Biden’s White House bid
Consumer prices are rising quickly at just the wrong time for the US presidentFinancial Times - Business - Joe Biden -
Neil Woodford had a ‘defective’ understanding of responsibilities, FCA says
The former star fund manager is challenging the UK watchdog’s preliminary findings over the investment scandalFinancial Times - Business -
Banks Start Reporting Earnings This Week. Here's What To Expect.
Big lenders raked in record profits in 2023, but are dealing with growing pressures this year.The Wall Street Journal - World -
Congress is gearing up for the next funding fight. Will this time be different?
House Republicans vowed to bring changes to the funding process this year. Here's how that effort failed and what it means for the next showdown.CBS News - Politics -
Fund managers are giving up on bonds in a way they haven’t in 20 years
Fund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic on growth while becoming less convinced the Fed will succeed in fighting inflations, a survey published Tuesday showed.MarketWatch - Business -
S&P 500 gives up its earlier gains — but Meta bucks the trend as new AI model debuts
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Bank of Korea Stands Pat, Keeping Guard Up Against Inflation
South Korea’s central bank held its base rate steady for a 10th consecutive time as widely expected, keeping its guard up against still-stubborn inflation.The Wall Street Journal - World -
7 best bank account bonuses for April 2024 (up to $600)
Are you looking for the biggest bank account bonus possible? Consider these leading options.CBS News - Top stories -
How a Genetic Science Startup Secured $406M in Funding--Starting With Just an Idea and a Few Sketches
Element Biosciences co-founder and CEO Molly He walks through her fundraising journey.Inc. - Business -
More storms threaten Ohio Valley, Mid-Atlantic
Yet another series of dangerous weather is threatening the Ohio Valley and Mid-Atlantic this week, with the potential to bring severe thunderstorms. The Weather Channel meteorologist Mike Bettes has the forecast.CBS News - Top stories -
A modern pilgrimage through Herefordshire’s Golden Valley
With nights spent in ancient churches and wayfarers’ meals at farms and pubs, this spiritual four-day walk is all about the journey – and rural England at its finest. I’m lying on my back. Directly above me is “a vault of heaven” with great wooden ...The Guardian - World -
CSX says Baltimore port closures will cost it up to $30 million in monthly sales following bridge collapse
CSX shares were up in extended trading Wednesday after the railroad operator reported better-than-expected first-quarter profits.MarketWatch - Business -
Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups
Silicon Valley venture capital group hauls in one of the largest funds since downturn in tech sectorFinancial Times - Business -
Record Numbers of People Are Starting New Small Businesses
A new study data shows 5.5 million people filed new business applications in 2023, with women founders making up 49 percent of launches.Inc. - Business -
A new start after 60: there was no time to waste – so I gave up my job and started stone carving
Ane Freed-Kernis used her pension to build a workshop where she could create the tactile, surprising sculptures of her dreams. In 2019, after retiring from her career as a social worker, Ane Freed-Kernis decided to build a home workshop and devote ...The Guardian - World -
Bernanke Review: How the former Fed boss could shake up the Bank of England
The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its policymaking.CNBC - Business