New York CNN — Two weeks ago few people outside the tech industry had even heard of Silicon Valley Bank, the midsize California lender whose rapid implosion would end up shaking the foundations of the entire global financial system. But then, on the morning of Friday, March 10, after clients withdrew $42 billion in the … Read more
LAS VEGAS (AP) — March has gone from madness to unprecedented. With Miami’s win over Houston and San Diego State’s takedown of Alabama on Friday night, the men’s NCAA Tournament will not have a No. 1 seed in the Elite Eight for the first time since seeding began in 1979. “There’s not a lot of … Read more
In a victory for abortion-rights supporters, the Republican-led but closely divided New Hampshire House on Thursday rejected multiple bills to further restrict abortion access while also approving legislation to protect it. The eight abortion-related bills came up for a vote during what has been a hectic week for abortion policy nationwide. Nine months after the … Read more
In this episode, we are excited to welcome Sébastien Marotte, the President of Box Europe, the Middle East, and Africa (EMEA). Box is a Cloud Content Management company that empowers more than 87,000 businesses globally by revolutionising how they work. In Marotte’s 30+ year career, he has held executive roles at high-profile software companies such … Read more
Things went from bad to hilariously worse for a guest during a video interview on Australian TV channel 9 News Adelaide. Mark Borlace, from Australia’s Royal Automobile Association, just couldn’t fix the background during his chat with anchor Alice Monfries. And then, when he eventually managed to blur it out, a little pizza-shaped hat appeared … Read more
Former Lehman Brothers executive says the Fed must cut rates and guarantee deposits held by regional lenders The banking crisis could swallow another 50 regional lenders in the US if the country’s authorities don’t take appropriate steps to resolve structural issues, former vice-president at Lehman Brothers Lawrence McDonald said in an interview with RIA Novosti. … Read more
Fox News host Laura Ingraham reacted to the Biden administration’s decision to guarantee all deposits, including uninsured funds, amid the collapse of Silicon Valley Bank (SVB) on “The Ingraham Angle.” BIDEN DEFENDS US BANKING SYSTEM AFTER SILICON VALLEY BANK’S HISTORIC COLLAPSE LAURA INGRAHAM: Everyone needs to understand that self-inflicted emergencies like this will destroy faith … Read more