SVB Bank, the first FDIC insured bank to fail in 2023, has attracted the attention of several potential buyers. The bank, which has been in operation for over a century, has a storied history and a so...
Elon Musk, the CEO of Twitter and owner of SpaceX and Tesla, has shown interest in acquiring Silicon Valley Bank (SVB), which recently collapsed on March 10, 2023. The collapse of SVB, a four-year-old...
Roku, the streaming media company, has revealed that almost 26% of its cash reserves, totaling $487 million, are locked up at Silicon Valley Bank (SVB), which has been placed into receivership by the ...
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On March 7th, 2023, news broke that four American men had been kidnapped in the Mexican town of Matamoros. The victims were identified as Zinder Brown, Eric James Williams, Latavia McGee, and Shaeed W...
What is Racketeering? Racketeering is a term used to describe any criminal conduct carried out repeatedly for financial gain, frequently under threat of or actual use of force. A person must commi...
A linear relationship between two explanatory variables is known as collinearity. These variables can be said to be collinear if there exists an exact linear relationship between both of them. ...
A global scarcity of semiconductor chips and other supply chain issues are still causing challenges for the auto market, although Ford Motor's U.S. vehicle sales show considerable incr...
German producer of semiconductors for industrial automation systems and electric vehicle batteries Semikron, has acknowledged that it was the target of a cyberattack that led to data encryption. ...
Following the passing of cloture on Tuesday, the US Senate voted 64-33 to approve the CHIPS Act on Wednesday. The bill will now be debated in the House, as it includes $52 billion to boost do...
PepsiCo, Inc. revised its fiscal-year outlook for organic revenue in the first quarter of the fiscal year, increasing growth guidance to 8% from a previous 6% due to consumers' res...