Investors implore the government to step in after Silicon Valley Bank failure
Voices from tech and finance are increasingly calling for the federal government to push another bank to take over the failed Silicon Valley Bank.
Amazon’s drone business can’t get off the ground as regulations, weak demand stymie progress
Amazon’s drone delivery business has been bleeding cash as it tries to meet regulatory hurdles and incentivizes early customers to submit orders.
Inflation isn’t dampening people’s desire to travel — but travel companies may be missing a trick
Inflation and higher living costs may be weighing on consumers’ wallets, but there’s one area many are unwilling to cut back on: their desire to travel.
Ford recalling 18 electric F-150 Lightning pickup trucks after battery fire
Ford is recalling 18 F-150 Lightning pickups that have been identified as potentially having a battery cell defect that caused a truck to catch fire last month.
Silicon Valley investors and founders express shock over SVB’s collapse, describe struggles to get money out
As Silicon Valley Bank was taken over by the FDIC on Friday, investors and start-ups with money there struggled to make sense of the situation.
New York City launches program to help lower-income residents recover from floods
The new pilot program will help New Yorkers from lower-income communities recover more quickly from major flooding events.
DeSantis first-week memoir sales far outpace books by Trump, Pence, Clinton and Obama
Florida Gov. Ron DeSantis’ memoir outpaces first-week sales of titles by Donald Trump, Barack Obama, Hillary Clinton, Mike Pence, Nikki Haley and Mike Pompeo.
North Carolina lawmakers intervene to defend abortion pill restrictions in case testing FDA power
A North Carolina physician sued the state in January to block its restrictions on mifepristone because they go beyond FDA regulations.
Credit Suisse’s top picks for March include new addition Microsoft
Credit Suisse refreshed its top stock picks for March, as investors become more anxious about the effect of higher interest rates on the market.
Luxury home sales plunge 45%, with Miami and the Hamptons hit hardest
Tight supply and higher rates are pushing luxury home prices higher.