HSBC has agreed to acquire the UK arm of Silicon Valley Bank for a nominal fee of £1, following the collapse of the bank due to its specialization in lending to technology companies.
Climate activists reacted with equal measures of anger and despair Sunday at the news oil giant Saudi Aramco achieved record profits totalling $161.1 billion last year.
Meta, Facebook’s parent company, is looking into a new social media platform that could potentially rival Twitter, as the company remains in turmoil under CEO Elon Musk’s leadership.
Home Depot co-founder Bernie Marcus discussed the devastating collapse of Silicon Valley Bank, urging Americans to "wake up" and understand that the U.S. economy is in "tough times."
Donald Trump’s former lawyer and fixer Michael Cohen is scheduled to testify Monday before a Manhattan grand jury investigating hush-money payments made on the former president’s behalf.
Just hours before the CEO of Norfolk Southern testified this week before Congress about his railway's apparent difficulty staying on the tracks, another one of its trains derailed in Alabama.
Adidas has warned that it could experience its first annual loss in 31 years, with the sportswear company projecting a full-year operating loss of 700 million euros, or $739 million, for 2023.
Amazon has announced it will be closing several grocery stores in high crime cities like NYC, Seattle and San Francisco, but claims the measure is related to “cost-cutting.”
