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Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank

Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller bank collapsing.  » mehr lesen

Attorney General James and Bonta to Investigate the NFL’s Treatment of Women

Letitia James of New York and Rob Bonta of California opened a joint investigation of the league a year after The Times reported female workers’ claims of workplace discrimination and pay inequity....

PacWest Says It’s Exploring Options After Shares Plunge

The lender released a statement overnight saying it was planning to sell a $2.7 billion loan portfolio and had been approached by potential “partners and investors.”  » mehr lesen

Frustrated Pet Owners Turn to Private Jets to Fly Their Animals

As flying commercial with pets becomes increasingly difficult, animal owners are turning to private aviation. A new airline is making a bid for those with fur babies.  » mehr lesen

White House Unveils Initiatives to Reduce Risks of AI

Leaders from Google, Microsoft, OpenAI and Anthropic will meet Vice President Kamala Harris and other administration officials.  » mehr lesen

Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices

The oil and gas giant said its earnings, which exceeded analysts’ expectations, were bolstered by strong energy trading.  » mehr lesen

PacWest’s Plunge Reignites Fears About America’s Regional Banks

The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.  » mehr lesen

Why China’s Censors Are Deleting Videos About Poverty

Xi Jinping says he has defeated poverty, but discussion of economic struggle is taboo, scrubbed from the internet and banished from the news.  » mehr lesen

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