Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to assume Silicon Valley Bank’s assets and obligations after the financial […]
A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Tech founders and execs were undeterred by the inclement weather on Friday, as they crowded the doors of Silicon Valley Bank locations across the Bay Area, […]
Saudi Arabia’s Public Investment Fund (PIF) is close to a deal to order Boeing commercial jets for the fleet of a new national airline, The Wall Street Journal reported on Saturday, citing people familiar with the matter. Photo taken on March 13, 2019 shows the Boeing logo at its headquarters in downtown Chicago. Xinhua/Joel Lerner […]
Police officers leave Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of the payments. The Santa Clara, California-based bank has historically paid […]
The nine Aeon engines of the Terran 1 rocket ignite briefly before shutting down during a launch attempt on Mar. 11, 2023. Relativity Space 3D-printing specialist Relativity Space postponed its debut launch on Saturday, stopping one of its attempts in the final second of the countdown after igniting the rocket’s engines. Relativity’s system triggered a […]
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments, according to an email from the company shared with NBC News. The online do-it-yourself goods […]
Wall Street analysts named several stocks this week they see as major beneficiaries of the recent artificial intelligence boom. While these companies are primarily concentrated in the tech sector, A.I. is touching other industries as well — including health care. Questions around the technology remain, but Morgan Stanley said “the hype behind AI is real.” […]
Ukrainian servicemen from 24th brigade are seen along the frontline south of Bakhmut near New York, Ukraine on March 10, 2023. Wolfgang Schwan | Anadolu Agency | Getty Images Ukraine has decided to fight on in the ruined city of Bakhmut because the battle is pinning down Russia’s best units and degrading them ahead of […]
Michelle Yeoh in “Everything Everywhere All at Once.” Source: imdb The winner of the best picture award at Sunday’s Oscars may not get a box office bump for taking home the night’s biggest prize. It’s part of Hollywood’s evolution. The Covid pandemic and the rise of streaming have fundamentally altered the industry. The result has […]
U.S. President Joe Biden (C) delivers remarks on the February jobs report with Council of Economic Advisers Chair Cecilia Rouse (L) and National Economic Council Director Lael Brained in the Roosevelt Room at the White House on March 10, 2023 in Washington, DC. Alex Wong | Getty Images News | Getty Images President Joe Biden […]
