Futures extend losses on bank worries, economic data in focus
Fresh worries related to Swiss bank Credit Suisse bruised investor sentiment, with U.S.-listed shares of the bank sliding 21.9% and set to open at a record low.
Nike to stop using kangaroo skins for its shoes in 2023
Nike has announced that it will end the practice of using kangaroo skins in the production of its shoes.
Goldman bought the portfolio SVB reportedly booked losses on
Silicon Valley Bank sold its bond portfolio last week to Goldman Sachs, a move that reportedly set SVB failure in motion and caused depositors to flee.
AMC secures shareholder approval to sell more stock
AMC Entertainment shareholders approved a 10-for-1 reverse stock split and a plan to convert APE units into common shares.
First Republic shares rebound as fears of broader financial crisis ease
Regional bank shares rose sharply on Tuesday amid easing fears over a broader financial crisis triggered by the collapse of Silicon Valley Bank last week.
Silicon Valley Bank committed 'one of the most elementary errors in banking,' Larry Summers says
Former Treasury Secretary Larry Summers said Silicon Valley Bank made an "elementary" mistake in banking that led to its collapse and takeover by federal regulators.
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.
First Republic shares plunge on SVB contagion fears
First Republic Bank and other regional banks saw steep losses on Monday after the collapse of Silicon Valley Bank raised fears about the financial system.
Silicon Valley Bank fallout, inflation data, FedEx earnings top week ahead
Consumer and producer inflation data will be closely watched in the coming week along with the ongoing fallout of Silicon Valley Bank as questions mount on how the financial institution collapsed so rapidly.
Etsy freezes some transactions after Silicon Valley Bank closure, squeezing sellers nationwide
Etsy sent out an email Friday to its sellers informing them of the transaction freeze, and some have complained that they cannot do anything until Monday morning.
Silicon Valley Bank touts Forbes 'best bank' nod days before becoming largest failure since Great Recession
Days before Silicon Valley Bank collapsed, the bank praised itself for being named onForbes magazine's annual ranking of "America's Best Banks" for five years in a row.
Silicon Valley Bank customers line up outside California location amid frantic rush to withdraw money
Video shows customers lining up outside a Silicon Valley Bank location in Menlo Park, California, on Friday. The bank was seized by California regulators after it went insolvent as customers rushed to access their deposits.
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.
Company veteran presided over collapse of Silicon Valley Bank
Greg Becker is a 30-year veteran of Silicon Valley Bank who started as a loan officer and later became president and CEO of SVB Financial Group in 2011.
Silicon Valley Bank collapse marks worst bank failure since Great Recession
Silicon Valley Bank, the 16th largest bank in the U.S., collapsed on Friday, marking the worst bank failure since the fall of Washington Mutual during the Great Recession in 2008.
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.
SVB sinks wiping $61B in market value off bank stocks
Silicon Valley Bank lost over half its value after investors bailed on the shares following plans for a large capital raise.
Bitcoin slides on Silvergate fallout
The price of bitcoin is down on Thursday after another cryptocurrency exchange, Silvergate Capital, prepares to liquidate following a $1B quarterly loss and dip in digital asset demand.
GM offers buyouts as part of cost reduction plan
Automaker GM will offer buyouts for most of its salaried employees and global executives but said the actions are not job cuts.
Stock trading ban on Congress' radar once again
A renewed bipartisan effort is underway on Capitol Hill to ban lawmaker stock trading after stalling out last year.
















