The Federal Deposit Insurance Corporation, which announced the deal late Sunday, had been looking for a buyer since seizing control of the bank.

Two weeks after Silicon Valley Bank failed, the fallout has hit the start-up market as investors pull back further and fear has risen.

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.

Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.

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.

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.

She is podcasting-famous, considered a ?crossover breakthrough artist? by other therapists ? and still trying to both see patients and conquer new platforms.

The company is expected to unveil an augmented reality headset in a few months. Some employees wonder if the device makes sense for Apple.

Geopolitics forced an entrepreneur, Taylor Shupe, to bring jobs back from China. It?s helping sell his meme-inspired socks too.

First Citizens agreed on Sunday to acquire the failed lender?s retail operations, a move that will cost taxpayers but is reassuring investors.

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.

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.

?John Wick: Chapter 4? took in roughly $73.5 million on its opening weekend, a rare phenomenon this far into a series.

The billionaire bought the social media company for $44 billion in October and took it private.

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.

Shawn Fain, an insurgent, edged Ray Curry after calling for a harder line in contract talks. The union has been dogged by corruption scandals.

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.

Rodge Cohen is one of the most influential people behind the scenes of cleaning up the banking crisis.

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.

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.

Succession plans, or the lack thereof, can hinder the transition to a new generation ? and affect how loved ones fund their later years.

His prediction in the 1960s about rapid advances in computer chip technology charted a course for the age of high tech.

She made Britain?s Ann Summers shops a thriving source of lingerie and sex toys and became a role model for female entrepreneurs.

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, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States.

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.

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.

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.

The Foreign Ministry rebuffed claims by U.S. lawmakers that TikTok could be a tool of surveillance for the Chinese government.

Wild swings in the Treasury market are unlike anything many investors today had seen. They?re also potentially warning of a recession.

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.

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.

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.

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 collapse of Sam Bankman-Fried?s business empire has led federal prosecutors to scrutinize his brother, Gabe, who ran a pandemic-prevention group.

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.

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.

As turmoil sweeps the United States financial system, banks are turning to the Federal Reserve for loans to get them through the squeeze.

Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was arrested earlier in Montenegro.

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.

Investors remain preoccupied with the health of banks as interest rates rise, putting balance sheets under pressure.

Federal labor regulators said that Amazon had illegally barred off-duty employees from work sites and that the policy was aimed at union backers.

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?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.

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.

The Chinese leader has edged ever closer to Russia, while distancing China from countries that have helped it develop over the past four decades.

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.

The Chinese-owned video app has become a battleground as the U.S. and China duel for tech leadership.

Founded by ex-Google employees, the Silicon Valley company is among the few start-ups poised to compete with OpenAI, the creator of ChatGPT.

Policymakers approved a quarter-point increase, to 4.25 percent, while affirming that British banks were ?resilient.?

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, 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?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.

The agency charged Justin Sun with violations of securities law in a scheme involving the actress Lindsay Lohan and other celebrities.

Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.

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.

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.

A Senate homeland security committee examined growing health care shortages amid reports of rationing within hospitals.

Copyright New York Times