Charles Schwab shares trim losses as CFO defends firm
Charles Schwab's chief financial officer moved to reassure investors as the stock tumbled in the wake of Silicon Valley Bank's implosion and amid possible contagion fears.
Investor who called Lehman collapse predicts the next big bank failure
Robert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.
Amazon, Rivian in talks to end exclusivity part of delivery-van pact
Amazon.com Inc. and Rivian Automotive are revisiting their exclusive electric van deal as the electric truck maker seeks to sell to others, The Wall Street Journal reported exclusively, citing people familiar with the matter.
SVB collapse shares 'bloodcurdling' similarity to Lehman collapse: Expert
The Federal Reserve incentivized bad behavior and "bloodcurdling irresponsibility" that enabled Silicon Valley Bank's collapse, according to The Bear Traps Report's Larry McDonald.
Ford recalling 18 F-150 Lightning electric pickups after battery fire
Ford is resuming production of the F-150 Lightning on Monday after an issue with its battery pack was resolved, prompting a recall of 18 trucks.
March Madness betting to top $15 billion this year
March Madness tips off this week and 68 million American adults are planning to place bets valued at a collective $15.5 billion according to an American Gaming Association survey.
Taco Bell unveils new Knoxville-exclusive menu item
Taco Bell is introducing its new Cheesy Chicken Crispanada for Knoxville, Tennessee customers only. It's a chicken and cheese empanada served with spicy ranch.
Oil giant Saudi Aramco announces record profit of $161B in 2022
Saudi Arabian Oil Co., also known as Aramco, announced it earned a record-high profit of $161.1 billion during 2022 following higher crude oil prices that soared mostly during Q3.
American Airlines flight to Salt Lake City diverted after possible lightning strike: 'Very worried'
An American Airlines flight was diverted on Friday following a possible lighting strike. The plane had been flying from Phoenix to Salt Lake City and was diverted to Boise.
Apple introduces new bright yellow iPhone 14 lineup
Apple has introduced the new iPhone 14 and iPhone 14 Plus, including an all-new yellow color. The phone is designed to minimize its impact on the environment.
How Silicon Valley Bank got burned
Customers were shut out after the FDIC seized Silicon Valley Bank on Friday, but regulators say funds will be available on Monday for insured customers.
Silicon Valley Bank collapse hits companies such as Camp, Compass Coffee
Kids retailer Camp and coffee company Compass Coffee are among businesses that have seen impacts from Silicon Valley Bank getting shut down on Friday.
Railroads warned about car issue that could lead to derailments
The Association of American Railroads issued an advisory Thursday warning railways to take cars out of service for inspection following a Norfolk Southern derailment in Ohio.
Ohio Lt. Gov. Jon Husted: 'There should be an extra effort made' to ensure railcar safety
Ohio Lt. Governor Jon Husted discusses the recovery in East Palestine following the train derailment, railcar safety measures and a social media bill proposing parental consent for children under the age of 16.
Silicon Valley Bank shares plunge, Ackman advises government bailout
Silicon Valley Bank is fighting for survival as investors jump ship threatening the future of one of venture capital's most prominent financial firms.
Lauren Fix warns of a car bubble: 'We're just setting ourselves up for a big old fall'
Car Coach Reports' Lauren Fix discusses Ford's patent for self-repossessing cars, the impact of inflation on the auto industry and companies using the supply chain as an excuse to raise prices.
Pactiv Evergreen execs sold over 50K shares before announcing devastating paper mill closure in NC small town
Executives of Pactiv Evergreen sold over 50,000 shares of company stock days before announcing the closure of a historic Canton, North Carolina, paper mill.
Biden didn't take Ohio train derailment 'seriously' until facing 'political pressure': Rep. Derrick Van Orden
Rep. Derrick Van Orden, R-Wis., argues it's 'unacceptable' that the Democrat-led infrastructure package is full of 'monopoly money.'
Epoch Everlasting Play recalls more than 3.2M toys due to choking hazard; 2 deaths reported
New Jersey-based company Epoch Everlasting Play LLC recalled more than 3.2 million of its Calico Critters flocked animal figures and sets because the accessories pose a choking hazard.
Twitter users erupt at IRS's calls for thieves to report stolen income: 'Good to know'
Twitter users mocked the IRS's confounding rule about thieves and drug dealers needing to report the fair market value of any stolen property or drug income.



















