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…
Editor's Pick
Thousands of SVB staffers to receive $25 million in payroll stuck in stock purchase program
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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…
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First Republic bank says deposits tumbled 40% to $104.5 billion in the first quarter
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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…
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First Republic’s stock sinks as analysts monitor banking sector stress, despite some improvements
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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…
Economy
Republicans demand answers from regulators on possible Chinese exposure of Americans’ financial data
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EXCLUSIVE: Two Republican members of Congress are demanding answers from top financial regulators concerning the possibility Americans’ financial data may have been, or is at risk of being, exposed to…
California has joined with law firms and advocacy groups to create a hotline that provides access to information and pro bono services for people who need legal help related to…
Economy
Will Hurd makes the case for his possible presidential run: ‘No one is taking on Trump effectively’
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As he looks around at the actual and potential field of Republican presidential candidates, it appears former GOP Rep. Will Hurd of Texas doesn’t like what he sees. ‘The GOP…
Economy
Pro-GOP super PAC targets Democrat Manchin for backing Biden’s marquee ‘Inflation Reduction Act’
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EXCLUSIVE – There’s no letup in the Republican push to oust Democratic Sen. Joe Manchin of West Virginia in next year’s elections. An outside group aligned with longtime Republican Senate…
Economy
‘Candy cops’: Food, beverage industry slam California bill that may change how favorite snacks taste
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The food and beverage industry is fighting to kill a bill making its way through the California Legislature that critics argue could negatively impact the taste and cost of some…
Economy
Former Maryland Gov. Larry Hogan closes door on Senate run: ‘Didn’t have any interest’
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Former Maryland Gov. Larry Hogan, a Republican, said Tuesday he will not run for Maryland’s open U.S. Senate seat in 2024 despite calls from within his party to enter the…