Archives for March 2023

SVB Financial Group said Friday it has filed for Chapter 11 bankruptcy protection to seek buyers for its assets, one week after its former division Silicon Valley Bank was taken over by regulators. … [Read more...] about Parent of SVB files for Chapter 11 bankruptcy a week after bank’s collapse

Health officials in Burundi have declared an outbreak of polio linked to the vaccine, the first time the paralytic disease has been detected in the East African country for more than three decades. … [Read more...] about Burundi officials detect polio outbreak linked to vaccine

The U.S. Environmental Protection Agency on Friday ordered states to stop blocking contaminated waste from a fiery train derailment in Ohio from being sent to hazardous waste storage sites around the nation. … [Read more...] about EPA tells states not to block waste from Ohio derailment

Longtime troubles at Credit Suisse came to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S. to Europe. But the problems have been building for years at Switzerland's second-largest bank, ranging from bad bets on hedge funds to a spying scandal involving rival lender UBS. … [Read more...] about Near ‘cliff’s edge,’ Credit Suisse not seen as systemic risk

The YouTube TV streaming service on Thursday announced that its monthly subscription price will rise from $64.99 to $72.99. … [Read more...] about YouTube TV boosts monthly cost by $8