Business News

Business News

This 'Problem Child' Bank in Europe Is Triggering Anxiety About the Financial System, Again

Credit Suisse, a Switzerland-based bank, saw its stock plunge by about 30% from Tuesday to Wednesday.

Business News

Employees Are Hawking Their Silicon Valley Bank Merch on eBay

If you're in the market for a used cardboard SVB box, it can be yours for $201.

Green Entrepreneur

Volkswagen Plans $193 Billion Commitment to Electric Vehicles

The German automaker is planning a significant expansion into the North American market.

Business News

Novo Nordisk Slashes Insulin Prices, Following Eli Lilly's Lead

These moves follow the passing of the 2022 Inflation Reduction Act capping insulin at $35 per month.

Business News

H的数量ouseholds Making $150,000 a Year and Renting Has Gone Up 87% Since 2016

The rental market is reportedly becoming more and more geared toward wealthy people.

Business News

Grubhub's Second CEO in Two Years Steps Down, Will Exit By May

Adam DeWitt, who became CEO of Grubhub in June 2021, was with the company in various positions for 11 years.

Business News

Billionaire Charles Schwab Has Lost Nearly $3 Billion of Personal Wealth Since Silicon Valley Bank Collapse

Most of the 85-year-old's wealth comes from a 6% stake in the brokerage that he founded in 1971.

Business News

'Close Calls' With Airplane Safety Are 'On the Rise,' National Transportation Safety Board Chair Says

There have been several high-profile incidents of late where planes have come in close range of each other.

Business News

SVB Insider: Employees Angry With CEO Greg Becker

An anonymous employee called Becker's actions "absolutely idiotic."

Business News

Zappos Puts Its Foot Down on 'Shoeperstitous' Internet Trends

The online shoe giant surveyed 2,000 Americans to debunk viral shoe theories that may be bad for business.

Business News

Bomb Threat Found in Bathroom Grounds United Flight in Vermont for Hours

Officials confirmed nothing suspicious was found on the plane that landed at Burlington International Airport.

Business News

'A Reminder We Are Not In Control of Our Own Money': Some Etsy Sellers See Payments Freeze After Silicon Valley Bank Crash

"This issue has impacted an extremely small group of sellers," an Etsy spokesperson said.

Business News

Signature Bank Shuts Down After Billion-Dollar Bank Run

This is the second large bank failure in less than a week.

Business News

'Everyone Is Freaking Out.' What's Going On With Silicon Valley Bank? Federal Government Takes Control.

Panic spread as the financial losses of one slightly obscure California bank rippled in the stock value of banks in the U.S. — and now, the federal government has stepped in.

Business News

SunnyD Gets an Adult Beverage Upgrade

The favorite childhood orange-flavored drink of millennials is meeting long-time customers where they are.