Big banks gave the regional lender a $30 billion lifeline following the collapse of Silicon Valley Bank, but it has yet to raise more cash, sell assets — or itself. Story Published at: April 24, 2023 at 01:35PM Continue Reading…
Why First Republic Has Not Done a Deal
Why BuzzFeed Is Closing Its News Division
The publisher ultimately couldn’t surmount the challenges facing digital journalism — and many of its peers are still struggling as well. Story Published at: April 21, 2023 at 12:58PM Continue Reading…
The Plan to Get Rupert Murdoch to Pay Up
An owner of Dominion Voting Systems spoke about the company’s strategy that led Fox to agree to a $787.5 million defamation settlement. Story Published at: April 19, 2023 at 01:26PM Continue Reading…
Goldman Sachs Falters Amid Strong Earnings From Big Banks
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business. Story Published at: April 18, 2023 at 01:23PM Continue Reading…
Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs. Story Published at: April 13, 2023 at 01:01PM Continue Reading…
Elon Musk Addresses the ‘Painful’ Side of Running Twitter
The social network’s owner talks about bots, blue checks and why he went ahead with the $44 billion acquisition. Story Published at: April 12, 2023 at 12:57PM Continue Reading…
Why Are Taxpayers Propping Up the Fossil Fuel Industry?
Worldwide, government subsidies for oil and gas are at a record high. Global financial institutions have been trying for years to get them phased out. Story Published at: April 11, 2023 at 06:18PM Continue Reading…
Why Drugmakers’ Battle in Texas is Such a Big Deal
The decision by a Texas judge to overturn F.D.A. approval for the abortion pill mifepristone could upend the pharmaceutical industry. Story Published at: April 11, 2023 at 01:01PM Continue Reading…
Europe Plots a Reset on China
President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties. Story Published at: April 5, 2023 at 01:03PM Continue Reading…
A Hollywood Superagent Buys a Pro Wrestling Heavyweight
Ari Emanuel’s Endeavor acquires World Wrestling Entertainment to create a live event and combat sport giant. Story Published at: April 3, 2023 at 12:55PM Continue Reading…