Silicon Valley Bank had more red flags than a CCP meeting but regulators cared about climate not bank risks
The collapse of Silicon Valley Bank on Friday leaves Americans with lots of questions. Weren't bank regulations designed to prevent an event like this? Where were the regulators?
Silicon Valley Bank collapse: Mark Cuban says Fed should 'immediately' take this action
Mark Cuban raised questions about how regulators had allowed Silicon Valley Bank to end up in such a vulnerable position, and demanded that the Federal Reserve take immediate action.
How Silicon Valley Bank got burned
Customers were shut out after the FDIC seized Silicon Valley Bank on Friday, but regulators say funds will be available on Monday for insured customers.
Tech CEO with millions in Silicon Valley Bank: 'Innovation in the startup world is bleeding today'
FarmboxRx CEO Ashley Tyrner, who has $10 million in Silicon Valley Bank, discusses the impact that the collapse will have on innovation and startups.
Silicon Valley Bank shares plunge, Ackman advises government bailout
Silicon Valley Bank is fighting for survival as investors jump ship threatening the future of one of venture capital's most prominent financial firms.
SVB sinks wiping $61B in market value off bank stocks
Silicon Valley Bank lost over half its value after investors bailed on the shares following plans for a large capital raise.
Bitcoin slides on Silvergate fallout
The price of bitcoin is down on Thursday after another cryptocurrency exchange, Silvergate Capital, prepares to liquidate following a $1B quarterly loss and dip in digital asset demand.
Buffett's Berkshire stocks up on more Occidental Petroleum shares
Warren Buffett's Berkshire Hathaway now owns 200.2 million shares in Occidental Petroleum following the latest $355 million investment.
Goldman Sachs may have appetite for Subway chain
Goldman Sachs may have an interest in purchasing Subway, Sky News reported on Saturday. The outlet cited anonymous people that it said were 'close to the process.'
Angelo Gordon raises $1.3B fund to buy company debt
Angelo Gordon & Co is raising a new fund to invest in corporate-debt securitie. saying it believes worry over default has created screaming deals in the bond market.
Apple investor day, Powell testimony, jobs report top week ahead
Retail earnings, jobs data, Disney CEO Bob Iger speaking and Apple's investor day lead a busy week ahead for investors.
Salesforce profit outlook buoys software maker against activist investors
Salesforce hopes that the improved profitability it has gained from layoffs, especially in its Mergers and Acquisitions group will ward off attacks by activist investors.
Sen. Ted Cruz explains how your 401(k) may be politicized
Sen. Ted Cruz, R-Texas, unpacks the financial consequences President Biden's ESG rule could have on Americans and their investments on "Varney & Co."
Biden admin tells companies seeking CHIPS funding to avoid stock buybacks, provide child care plans
The Biden administration is making funds available under the CHIPS Act, and companies will be more likely to get funding if they refrain from stock buybacks.
Goldman Sachs gives strategy update at investor day
Goldman Sachs chairman and CEO David Solomon said the company made mistakes in its consumer business and would initiate other strategies to repair the issue.
Goldman Sachs CEO says having 'very tight' job market makes cooling inflation 'very hard'
Goldman Sachs’ CEO, David Solomon, offered insights on the labor market and efforts to cool inflation in the U.S during a recent podcast episode put out by his company.
Altria in talks to buy vaping startup NJOY for at least $2.75 billion, divest its stake in Juul
NJOY is one of the few e-cigarette makers whose products have clearance from federal regulators, an advantage over larger e-cigarette rivals Juul and Vule.
Pfizer in talks to acquire Seagen in deal likely valued at more than $30B
Pfizer, one of the world’s biggest pharmaceutical companies, is flush with cash from the COVID-19 pandemic and hopes the Seagen acquisition will help grow revenue.
Warren Buffett slams critics of stock buybacks after Democrats' scrutiny: 'Economic illiterate'
Billionaire Warren Buffett, chairman and CEO of Berkshire Hathaway, pushed back on opponents of corporate stock buybacks in his annual letter to shareholders.
Warren Buffett's annual letter reveals Berkshire's 'secret sauce,' crucial lesson for investors
Warren Buffett published his annual letter to shareholders on Saturday, offering a glimpse into Berkshire Hathaway's investment into Coca-Cola and American Express.