Camp toy store pleads for help after Silicon Valley Bank collapse
CNN By Nathaniel Meyersohn, CNN A toy company based in New York has gotten caught up in the collapse of Silicon Valley Bank and is pleading with…
Continue ReadingMoney
Judge concerned Sam Bankman-Fried is too ‘technologically savvy,’ could find a way around tech restrictions
By Lauren del Valle, CNN United States District Judge Lewis Kaplan indicated at a hearing Friday he might modify FTX founder Sam…
Continue ReadingThe US economy added 311,000 jobs in February, outpacing expectations
By Alicia Wallace, CNN The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of Labor…
Continue ReadingAdidas has received over 500 offers for massive unsold Yeezy merchandise
By Parija Kavilanz, CNN Adidas has received hundreds of offers for the mountain of unsold Yeezy shoes designed by Ye, the artist formerly known as…
Continue ReadingThis nostalgic childhood drink is now a boozy beverage
By Jordan Valinsky, CNN Business SunnyD, the flavorful orange drink chugged from childhood by millennials, is embracing one of its more collegial…
Continue ReadingSilicon Valley Bank collapses after failing to raise capital
By Allison Morrow and Matt Egan, CNN Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis…
Continue ReadingThe Fed wants to limit wage growth. That’s particularly bad for women
By Nicole Goodkind, CNN The US labor market is remarkably strong — unemployment is sitting at five-decade lows even as the Federal Reserve does all…
Continue ReadingGlobal markets sink after sharp selloff in US bank stocks
By Anna Cooban and Laura He, CNN Markets in Europe and Asia tumbled Friday following a sharp selloff in banking stocks in the United States as a…
Continue ReadingLondon fears for its future as companies defect to Wall Street
By Hanna Ziady, CNN London is used to punching well above its weight in global financial markets. For years, the London Stock Exchange attracted an…
Continue ReadingDisney boss Bob Iger talks about the future of Marvel, ‘Star Wars,’ ESPN, and Hulu
By Oliver Darcy, CNN Bob Iger’s vision for Disney is coming into greater focus. In his appearance at Morgan Stanley’s annual Technology,…
Continue ReadingMore than 3.2 million Calico Critters toys recalled after deaths of two children
By Parija Kavilanz, CNN More than 3.2 million Calico Critters toys that were sold in a set with a baby bottle and pacifier accessories are being…
Continue ReadingUnder legal threat from GOP lawmakers, Mastercard and Visa pause plan to track gun sales
By Nathaniel Meyersohn and Matt Egan, CNN Visa, Mastercard and Discover announced they will pause a plan to implement a new merchant category code…
Continue ReadingMarkets close sharply lower as bank stocks take a beating
By Nicole Goodkind, CNN Fear overtook Wall Street Thursday after SVB Financial Group, a bank that lends primarily to tech companies, told investors…
Continue ReadingFox CEO Lachlan Murdoch dismisses $1.6 billion defamation case revelations as ‘noise’
By Oliver Darcy, CNN Fox Corporation CEO Lachlan Murdoch on Thursday dismissed the revelations from Dominion Voting Systems’ $1.6 billion…
Continue ReadingRussia could weaponize metal exports next, Citi warns
CNN By Julia Horowitz, CNN Russia has restricted exports of natural gas to Europe and announced it will temporarily slash oil output this month in…
Continue ReadingRussia could weaponize metal exports next, Citi warns
By Julia Horowitz, CNN Russia has restricted exports of natural gas to Europe and announced it will temporarily slash oil output this month in…
Continue ReadingThe US economy added 311,000 jobs in February, outpacing expectations
CNN By Alicia Wallace, CNN The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of…
Continue ReadingMortgage rates rise for the fifth-straight week
By Anna Bahney, CNN Mortgage rates edged further toward 7%, rising for the fifth consecutive week, as the Federal Reserve suggests rate increases…
Continue ReadingEurope’s defense industry is booming as governments stand by Ukraine
By Anna Cooban, CNN After months of soaring stock prices, Europe’s defense companies hardly needed another boost. But a tentative €2 billion…
Continue ReadingGM employees are ‘strongly encouraged’ to consider its voluntary separation program
By Jordan Valinsky, CNN Business General Motors said in January it would save $2 billion without planning any layoffs. But on Thursday it said it was…
Continue Reading