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Meta, Facebook’s Parent, to Lay Off Another 10,000 Workers

Business NY Times - March 14, 2023

It would be the tech company’s second round of cuts since November. Mark Zuckerberg, its chief executive, has declared 2023 the “year of efficiency.” » mehr lesen

Wall Street rises on relief over banks and inflation.

Business NY Times - March 14, 2023

A rebound in bank stocks provided a pause in the market panic over the health of the financial system. » mehr lesen

U.S. Is Said to Open Investigation Into Silicon Valley Bank Collapse

Business NY Times - March 14, 2023

Legal experts said a focus of the investigation could be insider sales by several bank executives in the weeks before the bank’s failure. » mehr lesen

Midsize banks have been at the center of recent turmoil.

Business NY Times - March 14, 2023

Depositors standing in line outside the entrance to Silicon Valley Bank’s headquarters in Santa Clara, on Monday. » mehr lesen

Novo Nordisk Says It Will Slash the Price of Insulin

Business NY Times - March 14, 2023

The company’s decision followed a similar move by its rival Eli Lilly this month. » mehr lesen

AI Funding Frenzy Escalates

Business NY Times - March 14, 2023

In just weeks, a gold rush into artificial intelligence start-ups has become a full-blown mania. » mehr lesen

Boeing Secures Big Order With Airlines in Saudi Arabia

Business NY Times - March 14, 2023

The order is the latest involving dozens of planes from airlines that are new or have plans to grow rapidly. » mehr lesen

Silicon Valley Bank’s fall raises uncertainty for health care start-ups.

Business NY Times - March 14, 2023

Investors in health care and biotech start-ups are grappling with a disruption to an industry that was already facing headwinds. » mehr lesen