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Facebook Content Moderators Sue Meta in Kenya
By Mariah Espada
Bank Failures Draw Comparisons to 2008
By Justina Lee, Katie Greifeld, Vildana Hajric and Isabelle Lee / Bloomberg
Banking Giant UBS Is Acquiring Smaller Rival Credit Suisse
By JAMEY KEATEN and KEN SWEET / AP
SVB Financial Group Files for Chapter 11
By Amelia Pollard and Steven Church / Bloomberg
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Business
Will Americans End Up Footing the Bill for Bank Failures?
The government's response to the failure of two large banks has already involved hundreds of billions of dollars.
By Christopher Rugaber / AP
March 17, 2023
Why the U.S. Wants to Ban TikTok
The Biden Administration threatened a nationwide ban on the video-sharing app unless its Chinese owners promised to sell their stake in the company
By Mariah Espada and Nik Popli
March 16, 2023
Who Is Really to Blame for SVB and the Banking Crisis
There is one real culprit behind the collapse of Silicon Valley Bank and Signature Bank.
By Zachary Karabell
March 16, 2023
How Signature Bank's Failure Hurts Crypto
The New York bank, which was seized by regulators, was one of the last crypto-friendly banks
By Andrew R. Chow
March 16, 2023
'Ernie Bot' Demo Disappoints Investors
The decision to do a video demonstration of China’s answer to ChatGPT raises questions over Ernie’s ability to match OpenAI’s chatbot
By Bloomberg
March 16, 2023
Yellen to Tell Congress the U.S. Banking System 'Remains Sound'
Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound.”
By FATIMA HUSSEIN / AP
March 16, 2023
Where to Find Best Deals on Flights
Experts recommend booking tickets one to two months in advance, and using a travel site to help monitor the cost of flights across airlines.
By Mariah Espada
March 16, 2023
These New Projects Show Just How Much More Powerful GPT-4 Is
In a matter of hours, developers were using Open AI's new software to design websites, create legal documents, and make games.
By Nik Popli
March 15, 2023
Credit Suisse to Get Liquidity Backstop if Needed, SNB Says
Switzerland's central bank and regulator sought to arrest the slump in confidence around the troubled lender.
By Hugo Miller and Bastian Benrath / Bloomberg
March 15, 2023
Washington Wants SVB's Collapse to Be Simple
Most voters understand that those offering an easy explanation to something as complex as a banking crisis are playing a partisan blame game, one they risks prompting more bank runs.
By Philip Elliott
March 15, 2023
How the SVB Collapse Has Sparked a Run On The Truth
Amidst all the finger pointing, there's one main culprit for the collapse of Silicon Valley Bank
By Jeffrey Sonnenfeld and Steven Tian
March 15, 2023
What to Know About ChatGPT-4
ChatGPT-4 is an even more powerful tool than ChatGPT, sure to send bigger ripples across the world.
By Alex Millson / Bloomberg
March 15, 2023
TikTok Considers Splitting From ByteDance If Deal With U.S. Fails
The platform is facing a barrage of potential legislation in Congress, some of which mandates a separation.
By Alex Barinka and Olivia Carville / Bloomberg
March 15, 2023
Effective Altruist Leaders Were Warned About Sam Bankman-Fried for Years
EA leaders said they were deceived by the disgraced billionaire. But the red flags around Bankman-Fried were well known as early as 2018—and sources say the movement's brain trust downplayed the warnings and took his money anyway.
By Charlotte Alter
March 15, 2023
Who Is Tim Mayopoulos, the New CEO of Silicon Valley Bank?
Mayopoulos, who previously worked at Fannie Mae, replaced longtime Silicon Valley Bank CEO Greg Becker.
By Anisha Kohli
March 14, 2023
Maybe Americans Don’t Mind High Prices Anymore
As inflation keeps rising, economists and companies wonder if U.S. shoppers have become less price-conscious.
By Alana Semuels
March 14, 2023
Facebook Parent Meta to Cut 10,000 Jobs
Meta is aiming to make its organization flatter by removing multiple layers of management
By Kurt Wagner / Bloomberg
March 14, 2023
Novo Nordisk Plans Price Cuts for Insulins
The move follows a path set earlier this month by rival Eli Lilly.
By Associated Press
March 14, 2023
SVB Failure Becomes Fodder in Culture Wars
The failure of Silicon Valley Bank has become the latest target for conservatives in their mounting campaign against ESG.
By Janet Paskin / Bloomberg
March 14, 2023
Silicon Valley Bank's Demise Disrupts the Disruptors in Tech
Some entrepreneurs are mourning the loss of a place that served as a chummy club of innovation.
By MICHAEL LIEDTKE / AP
March 14, 2023
After Silicon Valley Bank Fallout, Is Your Money Safe?
The short answer for the vast majority of Americans with bank accounts is that your money is safe and insured.
By Nik Popli
March 13, 2023
GOP Aims for Tea Party-Style Anger Over SVB
Republicans pounced on Biden’s efforts to shore up Silicon Valley Bank's depositors, calling it a “woke” bailout for elites. “Woke! It’s all woke,” joked a Democrat in response
By Mini Racker
March 13, 2023
Big Oil and Biden's New Relationship Status
The Willow project is just the latest development in the Biden Administration's complicated, evolving relations with the industry.
By Justin Worland/Houston
March 13, 2023
Silicon Valley Bank Customers to Get Cash, Even If Uninsured
The move backstops the $175 billion that was held at the bank—about 85% of which was uninsured
By Nik Popli / Aboard Air Force One
March 12, 2023
Why This Liquor CEO Talks About Her Personal Traumas at Work
The head of Pernod Ricard North America uses her past experiences with sexual assault and drunk drivers to inform marketing choices. Her authenticity matters.
By Joann S. Lublin
March 12, 2023
85% of Silicon Valley's Bank's Deposits Were Not Insured
“It’s like a Lehman Brothers moment for Silicon Valley,” says one Silicon Valley startup founder whose company has millions of dollars tied up in SVB
By Andrew R. Chow
March 10, 2023
Why This Bank CEO Likes the Gun Code
Credit card companies are putting it on hold. Amalgamated's Priscilla Brown Sims thinks that's a mistake
By Belinda Luscombe
March 10, 2023
Meet the 80 and 90-Somethings Who Still Want to Work
These older workers are working well past their 60s and have no plans to stop
By Elizabeth Garone
March 10, 2023
Silicon Valley Bank Collapses, Enters FDIC Receivership
SVB collapsed into receivership after its long-established customer base of tech startups grew worried and yanked deposits.
By Amelia Pollard / Bloomberg
March 10, 2023
All This Economic Good News is Just Confusing
The latest U.S. jobs report shows that the economy gained 311,000 jobs in February. But analysts are conflicted on whether that's a good thing.
By Alana Semuels
March 10, 2023
How to Use Pay Transparency to Get a Raise
More workers are taking pay transparency into their own hands and openly sharing what they do for work and how much money they make.
By Nik Popli
March 10, 2023
Mark Cuban Is In Charge of Dad Jokes In His Family
The entrepreneur and "Shark Tank" judge explains what he's learned from being a parent
By Charlotte Alter
March 10, 2023
Starbucks NFTs Are Being Sold for Thousands
Starbucks has been trialing NFTs as part of its rewards program. NFT traders are flipping them for thousands.
By Andrew R. Chow
March 9, 2023
Big Tech Has Layoffs All Wrong
Research shows that such layoffs are often a net negative drag on companies’ financial performance over time.
By Kevin J. Delaney
March 9, 2023
Why There Are No Houses to Buy in Many U.S. Cities
The housing market might be softening in some parts of the U.S., but in others, inventory is so low that it's a nightmare for many buyers
By Alana Semuels
March 9, 2023
How Big Business Fell Out of Love with the GOP
The story of how the Republican Party lost Big Business
By Jeffrey Sonnenfeld and Mark Penn
March 9, 2023
Shell CEO Pay Up 50% Amid Soaring Energy Prices
The pay package for Shell's CEO jumped by half last year to nearly $12 million
By Associated Press
March 9, 2023
JPMorgan Sues Ex-Executive Associated With Jeffrey Epstein
JPMorgan is suing its former private banking chief Jes Staley over his alleged ties to sex trafficker and past client Jeffrey Epstein.
By Hannah Levitt and Ava Benny-Morrison / Bloomberg
March 8, 2023
Why Elon Musk's Very Public Dismissal of a Disabled Employee Could Be Costly
Musk got into a spat with an employee who appeared to have been laid off. Now he’s backtracking
By Anisha Kohli
March 8, 2023
U.S. Investigates Tesla for Steering Wheels That Can Fall Off
The safety probe covers an estimated 120,000 vehicles from Tesla's 2023 Model Y SUV.
By Associated Press
March 8, 2023
Musk Apologizes After Back-And-Forth With Disabled Employee
A Twitter employee wanted clarity as to whether he was fired. Then CEO Elon Musk quizzed him about his work and questioned his disability status.
By Barbara Orutay / AP
March 7, 2023
How EV Car Makers Rank on Climate and Human Rights
Environmental groups rank electric vehicle makers based on the environmental and human rights impacts of their supply chains.
By Alejandro de la Garza
March 7, 2023
Tesla Slashes Model S and X Prices Again
It comes days after Elon Musk said cuts earlier this year had piqued interest in Teslas.
By Dana Hull and Danny Lee / Bloomberg
March 6, 2023
This Fortune 500 CEO Is Obsessed With Gender Parity—But She Still Hasn't Achieved It. Here's Why
In 2023, TIME will once again recognize 100 businesses making an extraordinary impact around the world. Applications for the TIME100 Most Influential Companies of 2023 have been EXTENDED through March 8, 2023. Apply here. (To...
By Joann S. Lublin
March 5, 2023
Elon Musk Is Bringing the Culture Wars to AI
Experts warn that Elon Musk's reported plans to start his own AI venture to combat so-called 'Woke AI' are "ludicrous."
By Billy Perrigo
March 3, 2023
California Gov. Says 'We're Done' With Walgreens After Abortion Pill Policy
California Governor Gavin Newsom declared that the state will stop doing business with Walgreens after the drugstore chain said it will not distribute mifepristone in some states where the abortion remains legal.
By Tara Law
March 3, 2023
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