SVB Financial gets court approval to sell investment bank

A U.S. bankruptcy judge on Wednesday allowed SVB Financial Group, owner of bankrupt Silicon Valley Bank, to sell

2023-07-06 06:58

Southeastern Grocers harvests hope this Thanksgiving by donating more than 7,000 turkeys

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Nov 15, 2023--

2023-11-15 20:55

Billionaires Niel, Saadé and Schmidt Invest in €300 Million AI Lab

Billionaires Xavier Niel, Rodolphe Saadé and Eric Schmidt announced a new nonprofit artificial intelligence research lab in Paris,

2023-11-17 23:53

Arm's listing on NY exchange is a big wager in an uncertain market

Shares in the British chip designer Arm will be listed Thursday on New York's Nasdaq exchange in the biggest such offering in two years, a $50 billion wager by principal shareholder...

2023-09-11 09:22

Human extinction threat 'overblown' says AI sage Marcus

Ever since the poem churning ChatGPT burst on the scene six months ago, expert Gary Marcus has voiced caution against artificial...

2023-06-04 09:56

Telefonica may seek damages in event of Huawei curbs in Germany

FRANKFURT Telefonica Deutschland on Wednesday said it would consider seeking damages from the German government as well as

2023-09-20 16:22

Revolution Beauty says it could settle with shareholder Boohoo in coming days

UK-based Revolution Beauty said on Monday it could reach a settlement with top shareholder Boohoo over board changes

2023-07-11 01:00

Factbox-Executives who defended themselves at criminal trials in the U.S

By Jody Godoy Sam Bankman-Fried was due to take the stand on Thursday and become the latest senior

2023-10-26 18:17

Former Barclays CEO Jes Staley banned from UK banking for failing to disclose Epstein ties

James "Jes" Staley, the former JPMorgan Chase executive who was CEO of Barclays for six years, has been banned from holding senior roles in the UK financial services industry for misleading regulators about his relationship with disgraced financier Jeffrey Epstein.

2023-10-12 18:16

Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy

Federal Reserve Governor Christopher Waller said it’s not clear that recent banking strains will lead to significantly tighter

2023-06-16 21:23

Job openings fall to lowest level in 2 years as demand for workers cools

U.S. employers posted fewer jobs in June, a sign that the red-hot demand for workers that has been a key feature of the post-pandemic economy is cooling a bit

2023-08-01 22:56

Schools in Portland, Oregon, reach tentative deal with teachers union after nearly month-long strike

Oregon’s largest school district says it has reached a tentative agreement with its teachers union and its roughly 45,000 students will be back in class on Monday after more than three weeks

2023-11-27 09:50