11 Major Banks Team Up With $30 Billion to Bolster First Republic
Eleven major banks are depositing a combined $30 billion in First Republic Bank of San…
Category: News
FDIC Creates Silicon Valley Bridge Bank
The Federal Deposit Insurance Corporation (FDIC) has transferred all deposits—both insured and uninsured—and substantially all…
SVB Financial Looks to Sell Other Businesses
SANTA CLARA — SVB Financial Group (“SVBFG”) announced its Board of Directors has appointed a…
FDIC Shutters Silicon Valley Bank
Silicon Valley Bank has been taken over by the government. The Santa Clara-based bank was closed…
Silicon Valley Bank Collapses on Cash Crunch
SVB Financial, the holding company for Silicon Valley Bank, saw its stock collapse Thursday after…
Google’s Pixel Watch Adds Fall Detection
Google’s Pixel Watch has unveiled Fall detection, giving users more ways to keep safe and…
Robert De Niro to Star in Netflix Series Zero Day
Acclaimed actor Robert De Niro will star in a new Netflix limited series Zero Day,…
Lilly Cuts Insulin Prices by 70%
Eli Lilly and Company announced price reductions of 70% for its most commonly prescribed insulins and…
Median California Home Price Drops to $751,330
California home sales edged up in January for the second straight month, as interest rates…
Postal Service to Buy 9,250 Ford Electric Vehicles
The United States Postal Service awarded contracts for 9,250 Ford left-hand drive (LHD) battery electric…
Uber Signs Deal With Oracle Cloud
Oracle and Uber Technologies, Inc. have announced a seven-year strategic cloud partnership to accelerate Uber’s…
Doordash to Offer Delivery From ALDI Stores
DoorDash is now offering on-demand grocery delivery from nearly all ALDI grocery locations across 38…