Business News
In Fields Sown With Bombs, Ukraine's Farmers Risk Deadly Harvest
The New York Times - 11 Mar 2023 12:00
Some who till the breadbaskets of Ukraine have already lost three seasons of planting to war. With mines and cluster bombs widely scattered, normal harvests seem far in the future.
Regeneron Borrows From Big Pharma Playbook
Wall Street Journal - 11 Mar 2023 17:00
Eylea, the company's top-selling blockbuster, isn't going away soon.
FC Barcelona Coach Xavi Has A 'Mole' In Locker Room Revealing 'Confidential Information' To Media - Reports
Forbes - 11 Mar 2023 12:17
FC Barcelona coach Xavi Hernandez has a 'mole' in his Camp Nou locker room who has leaked confidential information to the press, according to a report.
A Supermarket Megamerger Will Redefine What You Buy at the Grocery Store
Wall Street Journal - 11 Mar 2023 07:09Crypto Investors Cash Out $2 Billion in USD Coin After Bank Collapse
Wall Street Journal - 11 Mar 2023 05:40
Circle says it has $3.3 billion of USD coin reserves at the collapsed Silicon Valley Bank.
A major bank failed. Here's why it's not 2008 again
Chicago Tribune - 11 Mar 2023 20:06
The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one of the oldest problems in banking -- a bank run -- which led...
MarketWatch: Silicon Valley Bank staff offered 45 days of work at 1.5 times salary by FDIC
Market Watch - 11 Mar 2023 18:03
Staff of Silicon Valley Bank were offered 45 days of employment at 1.5 times their salary by the Federal Deposit Insurance Corp, the regulator that took control of the collapsed lender on Friday, Reuters reported Saturda...
Student-Loan Bills Set to Add Pressure on Younger Americans
Wall Street Journal - 11 Mar 2023 12:30Crypto: Stablecoin USDC faces $3.3 billion exposure to Silicon Valley Bank
Market Watch - 11 Mar 2023 12:27
Crypto exchange Coinbase said Friday it is temporarily suspending the conversion between stablecoin USDC and USD over the weekend, after the stablecoin's creator Circle said about $3.3 billion, or more than 8% of over $4...
Roku warns it has $487M held in deposits with Silicon Valley Bank
New York Post - 11 Mar 2023 01:56
Roku in a regulatory filing also said its deposits with SVB were largely uninsured, sending its shares down 10% in extended trading.
Wells Fargo missing deposit glitch alarms customers. Bank says it was a 'technical issue'
USA Today - 11 Mar 2023 01:15Banks down? That is why Bitcoin was created, crypto community says
Coin Telegraph - 11 Mar 2023 17:38
Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community.
NYC toy store Camp begs customers for help following Silicon Valley Bank collapse
New York Post - 11 Mar 2023 16:48
Camp, a New York City-based toy company, is in hot water after getting caught up the sudden collapse of Silicon Valley Bank -- and is now pleading with customers for help keeping it afloat.
Why Did Silicon Valley Bank Collapse?
The New York Times - 11 Mar 2023 15:45
DealBook unpacks what caused the biggest U.S. bank failure since the 2008 financial crisis -- and what might come next.
Crypto: What happened to Silvergate Capital? And why does it matter?
Market Watch - 11 Mar 2023 15:30
The crypto industry banker was hard hit by the bankruptcy of FTX, and on Wednesday announced that it will close operations and liquidate its bank
BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB
Bitcoin.com - 11 Mar 2023 14:00
PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Minting and bridging of BTCpx to the t...
Bank of England Shuts Silicon Valley Bank's U.K. Subsidiary
Wall Street Journal - 11 Mar 2023 13:21
The unit has no critical function in the country's financial system, the BOE said, but others worry about the hit to the U.K.'s vibrant tech scene.
Annoying Password Rules Make Us Less Secure
Wall Street Journal - 11 Mar 2023 07:00Help Me Retire: I'll be 60, have $95,000 in cash and no debts -- I think I can retire, but financial seminars 'say otherwise'
Market Watch - 11 Mar 2023 06:08
Have a question about your own retirement savings? Email us at [email protected]
Michael Cohen to testify at Trump 'hush money' grand jury next week in last step before a possible indictment
Business Insider - 11 Mar 2023 04:33SVB Financial Group, JetBlue Airways, Norfolk Southern: Stocks That Defined the Week
Wall Street Journal - 11 Mar 2023 01:45
Here are seven major companies whose stocks moved on the week's news.
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance
Bitcoin.com - 11 Mar 2023 01:30
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been bloc...