Category: Business

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Markets Climb as Silicon Valley Bank Finally Finds a Buyer

First Citizens agreed on Sunday to acquire the failed lender’s retail operations. Will the move convince investors that recent turmoil in the sector is over?  » mehr lesen

People Started Buying Crocs During the Pandemic. They Can’t Stop.

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.  » mehr lesen

Have AI Chatbots Developed Theory of Mind? What We Do and Do Not Know.

Some researchers claim that chatbots have developed theory of mind. But is that just our own theory of mind gone wild?  » mehr lesen

Meet the Xi Jinping Loyalist Now Overseeing China’s Economy

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.  » mehr lesen

Esther Perel’s Business Is Your Business

She is podcasting-famous, considered a “crossover breakthrough artist” by other therapists — and still trying to both see patients and conquer new platforms.  » mehr lesen

First Citizens to Acquire Silicon Valley Bank

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

Kamala Harris Looks to Deepen Relations With Africa Amid China’s Influence

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.  » mehr lesen

As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution

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

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