The Walt Disney Co. on Wednesday filed a lawsuit in federal court against Florida Gov. Ron DeSantis and other officials alleging a ‘targeted campaign of government retaliation’ after the company…
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Thousands of SVB staffers to receive $25 million in payroll stuck in stock purchase program
About 4,000 employees of Silicon Valley Bank are set to receive $25 million that has been trapped for weeks in an employee stock purchase program, according to the Federal Deposit…
First Republic bank says deposits tumbled 40% to $104.5 billion in the first quarter
Troubled regional bank First Republic said Monday that its deposits fell 40.8% to $104.5 billion in the first quarter, which saw the collapse of two other mid-sized banks and sparked fear from…
First Republic’s stock sinks as analysts monitor banking sector stress, despite some improvements
First Republic Bank’s stock nearly halved in value Tuesday, a day after it reported an exodus of deposits in the first quarter. Trading of First Republic shares was halted several…
Bed Bath & Beyond filed for Chapter 11 bankruptcy Sunday, with plans to wind down its entire business. The beleaguered company has laid out what the action means for its…
DEARBORN, Mich. — New video footage of a fire involving a Ford F-150 Lightning this year highlights a growing concern around electric vehicles: volatile fires from the batteries that power them. The…
Bed Bath & Beyond filed for Chapter 11 bankruptcy protection Sunday, ending a tumultuous chapter for the struggling home goods retailer. The company had spent the past year announcing a…
TikTok-inspired thefts prompt 17 states to urge recall of Kia, Hyundai vehicles
Attorneys general in 17 states on Thursday urged the federal government to recall millions of Kia and Hyundai cars because they are too easy to steal, a response to a…
A California state court jury on Friday handed Tesla a sweeping win, finding that the car maker’s Autopilot feature did not fail to perform safely in what appears to be the…
BuzzFeed News is shutting down. In an email to staff shared with NBC News, BuzzFeed Inc. CEO and co-founder Jonah Peretti said the move was part of a 15% workforce…