Women can now swim topless in Berlin’s swimming pools
Women in Berlin can now swim topless in the city’s public pools if they choose to — just as men can.Read More
At least 8 dead after boat capsizes in San Diego County, California
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Why the demand for government bailout of collapsed Silicon Valley Bank is growing
Silicon Valley Bank failed in rapid, stunning fashion Friday. This week, the tech and banking sector are growing skittish about the next shoe to drop.Read More
Expert explains why it’s difficult for depositors to withdraw money from SVB
Gary Cohn, the previous director of the National Economic Council under former President Donald Trump, discusses the Silicon Valley Bank collapse and why depositors have found it challenging to withdraw their money.Read More
US banks sitting on unrealized losses of $620 billion
Silicon Valley Bank’s collapse last week sent tingles of panic down investors’ spines as it highlighted a larger problem across the banking sector: The widening gap between the value large lenders place on the bonds they hold and what they’re actually worth on the market.Read More
SVB employees received bonuses hours before bank shutdown, reports say
The US Federal Deposit Insurance Corporation offered Silicon Valley Bank employees 45 days of employment and 1.5 times their salary, reports say.Read More
Janet Yellen said she’s been hearing from depositors all weekend, many of whom are ‘small businesses’ and employ thousands of people
Treasury Secretary Janet Yellen on Sunday ruled out a federal bailout for Silicon Valley Bank following its spectacular collapse last week.Read More
Spiraling Spat With Star Sports Host Puts BBC’s Reputation on the Line
The British public broadcaster’s suspension of one of its highest-profile anchors has become a sprawling conflict that poses risks to its reputation for neutrality and independence.Read More
War in Ukraine Puts Centuries of Swiss Neutrality to the Test
The Alpine state makes arms that Western allies want to send to Kyiv. Swiss law bans this, driving a national debate about whether its concept of neutrality should change.Read More
Over 100 Investors Unite And Sign Statement In Support Of ‘Trusted And Long-Time Partner’ Silicon Valley Bank
Over 100 venture capital and investment companies have reportedly signed a statement in favor of the collapsed Silicon Valley Bank, which was once owned by SVB Financial Group (NASDAQ: SIVB). What Happened: As part of mounting industry calls to contain the impact of Silicon Valley Bank’s collapse, about 125 venture firms, including Sequoia Capital, signed […]
