Amazon will lay off 9,000 more employees, CEO Andy Jassy said in a memo to staff on Monday. The cuts are on top of
Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along
UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in
The full picture of why Silicon Valley Bank failed so spectacularly and so fast has not yet come into focus. But uncommon
Silicon Valley Bank’s collapse has sent entrepreneurs scrambling to address concerns few ever thought they’d have to worry about. For some Black
U.S. Transportation Secretary Pete Buttigieg said Wednesday that the country’s air system was skirting disaster in the wake of multiple near-miss aviation
Credit Suisse announced it will be borrowing up to 50 billion Swiss francs, about $53.68 billion, from the Swiss National Bank under a
WASHINGTON — The former head of Wells Fargo’s retail bank is facing prison time after agreeing to plead guilty to obstructing a bank
A group of financial institutions has agreed to deposit $30 billion in First Republic Bank in what’s meant to be a sign of
