Signature and Silicon Valley Bank Collapses Followed Softened Regulation
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Wait, When Did the Schlubs of Silicon Valley Learn to Dress?
Tech moguls trade hoodies for conventional style amid fresh scrutiny of the industry; dressing down “is so played out.”The Wall Street Journal - World -
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
Anduril Industries’ Palmer Luckey is leading the start-ups infiltrating the US government’s war machineFinancial Times - Business -
AI risk management startup ValidMind raises $8.1M to help banks comply with regulations
ValidMind, a regulatory compliance platform for AI risk management at banks, raises $8.1 million in seed funding to automate model validation and documentation.VentureBeat - Tech - Artificial Intelligence -
Baltimore fire official on search for survivors following bridge collapse
A search and rescue operation is underway and two people have been pulled from the water after the Francis Scott Key Bridge in Baltimore collapsed early Tuesday. Kevin Cartwright, chief public information officer for the Baltimore Fire Department, ...CBS News - Top stories -
US automakers rerouting ships from Baltimore following bridge collapse
U.S. automakers said they will reroute shipments after the Francis Scott Key Bridge in Baltimore collapsed early Tuesday morning. Cargo ship Dali, which was headed to Sri Lanka, slammed into a bridge support after losing power around 1:30 a.m., ...The Hill - Politics -
The Lone Volcano in California’s Central Valley
Often called “the world’s smallest mountain range,” the Sutter Buttes are an unlikely and beloved landmark in one of the flattest parts of the state.The New York Times - Top stories - California -
Logitech launches Signature Slim K950 Wireless Keyboard
Logitech has unveiled its latest wireless keyboard aimed at seamlessly integrating work and personal life at the desk.VentureBeat - Tech -
RFK Jr.'s ballot signatures could be invalid in Nevada without VP
Robert F. Kennedy Jr. is set to name a vice presidential pick on Tuesday, but it will still have to resubmit its ballot signatures to qualify in Nevada.CBS News - Politics -
8 Best Lubes (2024): Water-Based, Silicone, and Dispensers
For the most sensitive parts of the human body, friction is the enemy. Here’s how to keep it at bay.Wired - Tech -
Weary of rebuilding, residents of German valley feel flat post floods
Yahoo News - World - Germany -
Stardew Valley’s 1.6 Update Is Out—Here’s Some of the Biggest Changes (2024)
The popular farming game’s major update includes a new farm type, new events, and a massive multiplayer option.Wired - Tech -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Will an Apple-Google AI partnership get past regulators?
Any deal — especially one involving AI — will capture the attention of federal and state lawmakers, the Biden administration, consumer-privacy advocates and government regulators.MarketWatch - Business - Google -
U.S. Regulators Urge Congress to Look Into Grocery Profits
Antitrust concerns among the biggest chains date back to pandemic-era supply chain issues.Inc. - Business -
UK regulator warns ‘finfluencers’ to adhere to advertising rules
FCA says those who flout rules around financial promotions face potential criminal prosecutionFinancial Times - World - United Kingdom -
Chemours Responds to Regulators, Prosecutors About Internal Audit
In its annual filing the company said that its lack of internal control was partially a result of senior management failing to set an appropriate tone, specifically related to the delayed payments.The Wall Street Journal - World -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
A Jewelry Designer Follows the Rainbow
Solange Azagury-Partridge imagined five colorful motifs in handblown glass for a limited-edition series of lamps.The New York Times - Lifestyle -
TikTok’s threat to America is in a category by itself, it must be heavily regulated
TikTok should be heavily regulated, just like any product that is simultaneously fun and bad for you.The Hill - Politics -
Apple, Google, Meta targeted under new European law meant to prevent cornering of digital markets
European Union regulators have opened investigations into Apple, Google and Meta, in the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets that took effect earlier this monthABC News - World -
Google, Apple Breakups on the Agenda as Global Regulators Target Tech
Lawsuits, fines and scrutiny for social media giants and tech leaders show strongest government response so far.Inc. - Business - Google -
Boeing CEO to Leave as Regulators Step Up Airline Scrutiny
Dave Calhoun and Boeing board chair Larry Kellner will leave their jobs as the FAA announces stepped-up inspections of United Airlines, whose safety issues may overlap withBoeing's manufacturing flaws.Inc. - Business -
Meta, Google, Apple face EU probes over new tech regulations
The European Union launched investigations into Meta, Google and Apple to review if the three U.S.-based tech giants’ recently announced measures comply with the EU’s new tech regulations, the European Commission announced Monday. The ...The Hill - Politics -
Australian Regulator to Conduct First Financial System Stress Test
Australia’s prudential regulator will conduct its first systemwide stress test, as it seeks to better understand potential risks borne by an increasingly interconnected financial system.The Wall Street Journal - World -
AI Is Moving Faster Than Attempts to Regulate It. Here's How Companies Are Coping.
Companies aren’t waiting to see what regulation looks like before jumping in with AI.The Wall Street Journal - World -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Beware of 'bank jugging' this tax season, police warn
Police are warning the public about "bank jugging" this tax season.The Hill - Politics -
Australia bank CEOs call for a fix to housing shortage
Yahoo News - World - Australia -
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.The Wall Street Journal - World - China -
Inflation Requires Caution for Brazil's Central Bank
Brazil’s central bank may have room to keep easing monetary policy gradually, but “core-services inflation underlying dynamics merit attention,” Goldman Sachs’ Alberto Ramos says.The Wall Street Journal - World - Inflation -
Treasury staff worked at bank linked to China state
The Treasury says the secondment scheme deepens ties with Asia and boosts British business.BBC News - Top stories - China -
Extremism endangers Germany's prosperity, warns central bank chief
Yahoo News - World -
As Gaza is destroyed, Israel is killing dozens of children in the West Bank
A 12-year-old Palestinian boy was shot while lighting a firework. ‘Cases like these happen quite regularly, but no one’s hearing about them,’ according to the Israeli rights group B’Tselem. “The depth of the horror surpasses our ability to ...The Guardian - World - Israel -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Polish central bank chief seeks truce with Tusk over ‘idiotic’ accusations
Adam Glapiński insists he did not abuse his powers in bid to keep Law and Justice party in powerFinancial Times - World -
Swiss find Lebanon’s biggest bank guilty of serious money laundering breaches
Finma uncovers millions of francs in unexplained payments by Banque Audi to senior political figuresFinancial Times - Business -
AI-powered fraudsters are overwhelming bank defenses, Treasury report says
U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury ...MarketWatch - Business -
South Carolina wants answers about $1.8 billion sitting in a bank
Accountants are trying to figure out where the $1.8 billion in cash came from and where it was supposed to go.CBS News - Top stories