Business
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Javier Ghersi/Getty Images (NEW YORK) — Bank stocks in the U.S. and Europe tumbled on Wednesday as the global financial system continued to reckon with the Silicon Valley Bank collapse, the largest bank failure since 2008. Shares of Credit Suisse fell more than 26% in early trading after a top backer said he would not […]
lvcandy/Getty Images (NEW YORK) — In the wake of last year’s collapse of cryptocurrency exchange FTX, the collapse this week of Silicon Valley Bank and Signature Bank — representing the second and third largest bank failures in U.S. history — has renewed lingering questions about what role cryptocurrency is playing in financial sector failures. Signature […]
Dairy Queen (NEW YORK) — There’s a new sweet treat on the menu at Dairy Queen for a limited time. The ice cream chain, known for its soft serve cones dipped in a quick-hardening shell, has added a new churro-flavored option to the menu. For a limited time, customers can order the cinnamon-sugar-topped Churro Dipped […]
Kraft Heinz (NEW YORK) — Lunchables are ready for their first day of school. In tandem with the National School Lunch Program, the ready-to-eat packaged Lunchables kits, made by Kraft Heinz, have been approved to be served in schools for the first time. “Ahead of the 2023-2024 school year, school administrators are now able to […]
Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — OpenAI released the latest version of ChatGPT, the artificial intelligence language model making significant waves in the tech industry, on Tuesday. GPT-4, the latest model, can understand images as input, meaning it can look at a photo and give the user general information about the image. The […]
Catherine McQueen/Getty Images (NEW YORK) — The closures of two of the nation’s largest banks over the past week have put many consumers on edge. Silicon Valley Bank, the nation’s 16th largest bank, struggled as the sharp rise in interest rates led to a decline in the value of the bank’s Treasuries and mortgage bonds. […]
Nirman Agri Genetics IPO Subscription Status – IPO Open – Correct Success Nirman Agri Genetics IPO subscription status started on Wednesdays March 15, 2023 and will close on March 20, 2023. Nirman Agri Genetics IPO to raise around ₹20.30 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is […]
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Andrea Ronchini/NurPhoto via Getty Images (NEW YORK) — The collapse of Silicon Valley Bank, the second-biggest bank failure in U.S. history, took place over less than 48 hours. Customers withdrew $42 billion — nearly a quarter of the bank’s total deposits — within a single day last week. The speedy bank run has raised questions about […]
Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — Silicon Valley Bank’s failure on Friday raises concerns over the potential impacts on the climate technology industry, where SVB was heavily involved. “They went out of their way to attract entrepreneurs, to attract companies in the technology industry. They were one of the first banks to have a […]