After Silicon Valley Bank (SVB) collapsed, the tech industry got what it wanted when the government committed to back the bank’s depositors. But at what price?
Category Archives: business
Buttigieg says the U.S. should heed 'warning signs' to avoid a 'catastrophic event' in the skies
U.S. Transportation Secretary Pete Buttigieg said the country’s air system was skirting disaster in the wake of multiple near-miss plane incidents in the past year.
New Silicon Valley Bank CEO tells employees: 'We are open for business'
The new CEO of Silicon Valley Bank held an all-hands meeting on Wednesday and sought to reassure employees that the bank was not planning on closing its doors, according to two people who listened in on the call.
Honda recalling 500,000 vehicles to fix seat belts that may not latch properly
Honda is recalling a half-million vehicles in the U.S. and Canada because the front seat belts may not latch properly.
Troubles at Credit Suisse prompt broader market selloff
Troubles at the Swiss banking giant Credit Suisse spooked markets Wednesday, causing bank stocks to sell off after regaining some ground Tuesday.
Ron DeSantis hit with an ethics complaint from Trump super PAC
The primary pro-Donald Trump super PAC is filing an ethics complaint against Florida Gov. Ron DeSantis, accusing him of violating state ethics and election laws.
Widespread power outages reported as more than a foot of snow falls on parts of the Northeast
A major winter storm dumped more than a foot of snow on parts of the Northeast, knocking out power, and more snow was on the way, forecasters said Tuesday.
Russia says it will try to retrieve drone after warning U.S. to stop 'hostile' flights near its borders
Russia has warned the U.S. to cease “hostile” flights near its border after the U.S. military said fighter jets collided with a Reaper drone over the Black Sea.
Tax myths debunked: What you need to know before filing
CNBC’s Sharon Epperson debunks common tax myths including the federal tax deadline, credit changes and more.
Dynamic pricing on the rise in unexpected businesses
Dynamic pricing, a time-based pricing strategy, is now creeping into restaurants, movie theaters, bowling alleys and more. NBC’s Sam Brock reports for TODAY.