|First Citizens to Acquire Failed Silicon Valley Bank|
The Federal Deposit Insurance Corporation, which announced the deal late Sunday, had been looking for a buyer since seizing control of the bank.
|Silicon Valley Bank?s Collapse Chills Start-Up Funding|
Two weeks after Silicon Valley Bank failed, the fallout has hit the start-up market as investors pull back further and fear has risen.
|People Bought Crocs During the Pandemic. They Haven?t Stopped.|
While other brands that thrived with customers in quarantine have dropped off, sales of the easily slipped-on clogs are up nearly 200 percent since 2019.
|As Banking Worries Swirl, Europe?s Policymakers Express Confidence, With Caution|
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
|Meet the Xi Jinping Loyalist Now Overseeing China?s Economy|
He Lifeng?s long career in government has spanned the extremes of China?s approach, from the early embrace of small business in the 1980s to today?s tighter state control.
|Twitter Says Parts of Its Source Code Were Leaked Online|
The leak adds to the challenges facing the Elon Musk-owned company, which is trying to identify the person responsible and any other people who downloaded the code.
|Esther Perel?s Business Is Your Business|
She is podcasting-famous, considered a ?crossover breakthrough artist? by other therapists ? and still trying to both see patients and conquer new platforms.
|At Apple, Rare Dissent Over a New Product: Interactive Goggles|
The company is expected to unveil an augmented reality headset in a few months. Some employees wonder if the device makes sense for Apple.
|The Lure of the ?Made in America? Sales Pitch|
Geopolitics forced an entrepreneur, Taylor Shupe, to bring jobs back from China. It?s helping sell his meme-inspired socks too.
|Markets Climb as Silicon Valley Bank Finally Finds a Buyer|
First Citizens agreed on Sunday to acquire the failed lender?s retail operations, a move that will cost taxpayers but is reassuring investors.
|Kamala Harris Looks to Deepen Relations With Africa Amid China?s Influence|
In a weeklong trip to Ghana, Tanzania and Zambia, the vice president will face a balancing act as she tries to foster a collaborative U.S. relationship.
|Jet Shook, Killing Dana Hyde, After Pilots Shut Off Key System, Report Says|
Dana Hyde sustained fatal injuries during the flight in New England after pilots turned off a switch that controls a stabilizer function in the aircraft, a preliminary report said.
|Little Lionsgate Soars to the Top With John Wick Ticket Sales|
?John Wick: Chapter 4? took in roughly $73.5 million on its opening weekend, a rare phenomenon this far into a series.
|Elon Musk Values Twitter at $20 Billion|
The billionaire bought the social media company for $44 billion in October and took it private.
|The Week in Business: TikTok in the Hot Seat|
The Fed raised interest rates, even as some banks continued to find themselves on shaky ground. The A.I. race is on. And a new inflation reading is coming.
|President Is Ousted in United Auto Workers Election|
Shawn Fain, an insurgent, edged Ray Curry after calling for a harder line in contract talks. The union has been dogged by corruption scandals.
|Germany and E.U. Agree to Exception in Planned Ban on Combustion Engines|
Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc?s climate goals.
|The Banking Industry?s Go-to Crisis Adviser|
Rodge Cohen is one of the most influential people behind the scenes of cleaning up the banking crisis.
|The Rise of Exclusive, Application-Only Gym Memberships|
A new crop of luxury gyms requires referrals, interviews and even, in some cases, medical evaluations. And that?s before paying a monthly fee of up to $2,750.
|What It?s Like to Become a Caregiver to Your Parents in Your 20s|
Many adult children end up caring for their parents late in life. But when the role reversal happens in their 20s and 30s, the burden can feel too much to bear.
|When Your Career, and Retirement, Are the Family?s Business|
Succession plans, or the lack thereof, can hinder the transition to a new generation ? and affect how loved ones fund their later years.
|Gordon E. Moore, Intel Co-Founder Behind Moore?s Law, Dies at 94|
His prediction in the 1960s about rapid advances in computer chip technology charted a course for the age of high tech.
|Jacqueline Gold, 62, Dies; Executive Tapped Into the Female Libido|
She made Britain?s Ann Summers shops a thriving source of lingerie and sex toys and became a role model for female entrepreneurs.
|Support Grows to Have Russia Pay for Ukraine?s Rebuilding|
Although U.S. officials have cautioned against seizing Russia?s reserves in foreign banks, others say it?s ?crazy? not to after Moscow?s war of aggression.
|Do Kwon, Crypto Fugitive, Led a Very Public Life While on the Run|
Do Kwon, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States.
|LG Will Spend $5.5 Billion on a Battery Factory in Arizona|
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
|California?s Plan for Cheaper Insulin Collides With Big Pharma?s Price Cuts|
The state awarded a $50 million contract to produce less costly treatments, but moves by major suppliers might undercut the initiative before any new product emerges.
|TikTok?s C.E.O. Struggles to Make His Case in Washington|
Lawmakers interrogated Shou Chew over the video app?s ties to the Chinese government in a hearing that suggests the company?s problems are far from over.
|China Denies Pressuring Companies Like TikTok to Spy on Users|
The Foreign Ministry rebuffed claims by U.S. lawmakers that TikTok could be a tool of surveillance for the Chinese government.
|Bond Trading May Be Sending a Recession Warning|
Wild swings in the Treasury market are unlike anything many investors today had seen. They?re also potentially warning of a recession.
|Say Goodbye to Daily Hotel Room Cleaning|
The pandemic put a pause on many hotels? guaranteed once-a-day cleanings. Now many of them are making the change permanent, even saying guests prefer it.
|These Devices Sickened Hundreds. The New Models Have Risks, Too.|
Duodenoscopes ? tubular cameras threaded into the intestine ? with disposable parts were supposed to be safer. But the parts can fall off in the body, the F.D.A. warned.
|The Fed Has Targeted 2% Inflation. Should It Aim Higher?|
After raising interest rates again, the Federal Reserve will soon have to consider how much pain it is willing to inflict in its fight against inflation, our columnist says.
|U.S. Due Diligence Firm Says China Detained Its Employees|
Five Chinese nationals were taken away Monday, and the company, which does corporate investigations, and its law firm have been unable to contact them.
|The Younger Brother Caught in the Middle of the FTX Investigation|
The collapse of Sam Bankman-Fried?s business empire has led federal prosecutors to scrutinize his brother, Gabe, who ran a pandemic-prevention group.
|As Zelensky Visits Kherson, World Bank Says Ukraine Needs $411 Billion to Rebuild|
The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.
|?Train Daddy? Andy Byford to Join Amtrak|
Mr. Byford, whom transit riders nicknamed ?Train Daddy? and credited with improving an antiquated system, will run Amtrak?s new high-speed rail development program.
|Banks Are Borrowing More From the Fed: What to Know|
As turmoil sweeps the United States financial system, banks are turning to the Federal Reserve for loans to get them through the squeeze.
|Crypto Fugitive Do Kwon Is Arrested in Montenegro, Authorities Say|
Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was arrested earlier in Montenegro.
|Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.|
Jerome H. Powell has said that snarled supply chains, an oil shock following Russia?s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
|Stocks Are Turbulent as Wall St. Weighs Fed?s Future Moves|
Investors remain preoccupied with the health of banks as interest rates rise, putting balance sheets under pressure.
|Amazon Union Gets Favorable Finding on Warehouse Access for Organizing|
Federal labor regulators said that Amazon had illegally barred off-duty employees from work sites and that the policy was aimed at union backers.
|Short Seller Accuses Jack Dorsey?s Block of Facilitating Fraud|
Shares of the financial tech company plunged after Hindenburg Research said Block had failed to stamp out illegal activity on its platforms, including drug sales and sex trafficking.
|China Says It Will ?Firmly Oppose? Forced Sale of TikTok|
China?s commerce ministry publicly rebuked the Biden administration?s efforts to push TikTok?s Chinese ownership to sell the app or face a possible ban in the United States.
|Investors Try to Parse Powell and Yellen?s Next Moves on Banks|
Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
|China?s Rise Relied on the West. Xi Jinping Is Turning Away.|
The Chinese leader has edged ever closer to Russia, while distancing China from countries that have helped it develop over the past four decades.
|Double-Barreled Economic Threat Puts Congress on Edge|
Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
|What to Know About Today?s Congressional Hearing on TikTok|
The Chinese-owned video app has become a battleground as the U.S. and China duel for tech leadership.
|Chatbot Start-Up Character.AI Valued at $1 Billion in New Funding Round|
Founded by ex-Google employees, the Silicon Valley company is among the few start-ups poised to compete with OpenAI, the creator of ChatGPT.
|Bank of England Raises Rates to 4.25% as Inflation Persists|
Policymakers approved a quarter-point increase, to 4.25 percent, while affirming that British banks were ?resilient.?
|TikTok Claims It?s Limiting Teen Screen Time. Teens Say It Isn?t.|
This month, the company announced a new 60-minute ?daily screen time limit? for users under 18. But for most young users, staying on the app takes just a few taps.
|Relativity Space?s 3-D Printed Rocket Fails Just After Launch|
Relativity Space, a private company with ambitions for sending people to Mars, made it off the launchpad, but the vehicle experienced problems during the second stage of its flight.
|Wyoming Judge Temporarily Blocks the State?s New Abortion Ban|
Wyoming?s Constitution guarantees a right to make individual health care decisions. The new ban attempts to circumvent that right by declaring that abortion is not health care.
|Lindsay Lohan and Jake Paul Among Crypto Endorsers Charged by SEC|
The agency charged Justin Sun with violations of securities law in a scheme involving the actress Lindsay Lohan and other celebrities.
|Powell and Yellen Suggest Need to Review Regulations After Bank Failures|
Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.
|Fox Argues Top Executives Weren?t Involved in Voter Fraud Broadcasts|
Lawyers for the company, which faces a $1.6 billion defamation lawsuit, are pushing for a judge to rule in their favor before a trial.
|Jack Daniel?s-Inspired Dog Toy Provokes Supreme Court Debate|
The justices differed about whether the toy, shaped like a bottle of Jack Daniel?s, violated the distiller?s trademark rights or was protected by the First Amendment.
|Rising Rate of Drug Shortages Is Framed as a National Security Threat|
A Senate homeland security committee examined growing health care shortages amid reports of rationing within hospitals.
Copyright New York Times