New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
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.
Texas officials strongly advise against taking a trip south of the border for spring break this year, urging Texans to avoid travel to Mexico for the popular travel period and beyond
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.
New York Gov. Kathy Hochul pledged Friday on CNN that drug stores that limit the distribution of abortion pills would suffer "consequences" if they try to limit distribution in her state.
The oceanfront home of the late conservative radio icon Rush Limbaugh has been sold for $155 million, a record for real estate in Palm Beach, Florida, according to a report.
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.”
