Category Archives:
Silicon Valley Bank collapse: What you need to know
(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to ensure the safety of the U.S. banking system, after Silicon Valley Bank and Signature Bank collapsed. U....
Mar 13, 2023
SVB fall casts shadow on early-stage U.S. biotech
By Patrick Wingrove (Reuters) - The collapse of Silicon Valley Bank will leave early-stage biotechnology companies with a funding void, investors and analysts said on Monday, but larger, publicly-trad...
Mar 13, 2023
UniCredit shareholders urged to reject CEO Orcel’s pay rise
By Valentina Za MILAN (Reuters) - Leading governance adviser Institutional Shareholder Services (ISS) on Monday recommended shareholders at UniCredit reject a proposed new pay package for CEO Andrea O...
Mar 13, 2023
TV ratings for Sunday’s Oscars rise to 18.7 million
By Lisa Richwine LOS ANGELES (Reuters) - The Academy Awards telecast on Sunday attracted roughly 18.7 million U.S. television viewers to the film industry's highest honors, according to data released ...
Mar 13, 2023
MSCI says it has deleted SVB parent from global standard indexes
(Reuters) - Index provider MSCI Inc said on Monday it has deleted SVB Financial Group from global standard indexes. The index deletions of the parent of failed Silicon Valley Bank will be effective on...
Mar 13, 2023
Biden seeks new funding for air traffic controllers, Amtrak
By David Shepardson WASHINGTON (Reuters) - The Biden administration on Monday released details on a new proposal calling for more funding for more air traffic controllers and to speed modernization ef...
Mar 13, 2023
U.S. Justice Department probes collapse of TerraUSD stablecoin – WSJ
(Reuters) -The U.S. Justice Department is investigating last year's collapse of the TerraUSD stablecoin, the Wall Street Journal reported on Monday, citing people familiar with the matter. The Federal...
Mar 13, 2023
Fire deemed arson, but ‘mental health crisis’ to blame
PEORIA, Ill. – Peoria Firefighters say a small fire Monday afternoon was arson, but not what you typically think of. Firefighters went to a home near Starr and Folkers for the fire, where offici...
Mar 13, 2023
How Silicon Valley Bank’s collapse ripped through global tech
By Martin Coulter (Reuters) - Not long after California startups started pulling money out of troubled Silicon Valley Bank, entrepreneurs in other parts of the world woke up to the news. "Around 90% o...
Mar 13, 2023
Meta to wind down NFTs on platforms amid crypto bust
(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to sp...
Mar 13, 2023
Peoria, IL, USA
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