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News Articles: Business

The Silicon Valley Bank logo is seen at an open branch in Pasadena, Calif., on March 13, 2023.

Tagged as: 

  • Business

The FDIC says First Citizens Bank will acquire Silicon Valley Bank

First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world.

March 27, 2023
|
By:
  • The Associated Press
The Twitter splash page is seen on a digital device in 2022 in San Diego. Some parts of Twitter's source code, the fundamental computer code on which the social network operates, were leaked online, the social media company said in a legal filing on Sunday.

Tagged as: 

  • Technology

Twitter says parts of its source code were leaked online

Some parts of Twitter's source code — the fundamental computer code on which the social network runs — were leaked online, the social media company said in a legal filing.

March 26, 2023
|
By:
  • The Associated Press
Books line the shelves at the Rice University Library in April 2022 in Houston.

Tagged as: 

  • Books

A judge sided with publishers in a lawsuit over the Internet Archive's online library

The nonprofit, which has a mission to provide "universal access to all knowledge," says it will appeal the ruling.

March 26, 2023
|
By:
  • Joe Hernandez
In a frame grab from video, United Auto Workers presidential candidate Shawn Fain is interviewed, Friday, Jan. 13, 2023, in Detroit. The vote count in the election to decide the United Auto Workers' top leader should come to an end Thursday. Challenger Fain leads incumbent Ray Curry, but they're still counting challenged ballots that could change the outcome.

Tagged as: 

  • Business

The president of the United Auto Workers union has been ousted in an election

A challenger defeated the president of the United Auto Workers in a close election and vowed Saturday to take a more confrontational stance in negotiating with the big automakers.

March 26, 2023
|
By:
  • The Associated Press
In this screen grab from video provided by WPVI-TV/6ABC, smoke rises from an explosion at the R.M. Palmer Co. plant in West Reading, Pa., on Friday.

Tagged as: 

  • National

A Pennsylvania chocolate factory explosion has killed 3 people and 4 are missing

Several others were injured by the explosion at the R.M. Palmer Co. plant in West Reading, officials said. The cause of the blast about 60 miles northwest of Philadelphia remains under investigation.

March 26, 2023
|
By:
  • Kaitlyn Radde
People walk outside the U.S. Immigration and Enforcement Processing Center operated by GEO Group Inc. in Adelanto, Calif. The company is facing a lawsuit for the alleged use of hazardous chemicals in the facility during the COVID-19 pandemic.

Tagged as: 

  • Law

GEO Group sickened ICE detainees with hazardous chemicals for months, a lawsuit says

The Social Justice Legal Foundation says one of the country's largest private prison operators knowingly exposed ICE detainees to the disinfectant HDQ Neutral.

March 25, 2023
|
By:
  • Jaclyn Diaz
Gordon Moore, the legendary Intel Corp. co-founder who predicted the growth of the semiconductor industry, smiles during a news conference in 2001.

Tagged as: 

  • Obituaries

Intel co-founder and philanthropist Gordon Moore has died at 94

Moore also made his famous observation, now known as Moore's Law, three years before he helped start Intel in 1968. It said the capacity and complexity of integrated circuits would double every year.

March 25, 2023
|
By:
  • The Associated Press
Charles Lauder at the World Clown Association, Orlando, Florida.

Tagged as: 

  • National

Clowns converge on Orlando for funny business

The World Clown Association is bringing together all types of clowns for its 40th annual convention.

March 24, 2023
|
By:
  • Danielle Prieur - WMFE
The headquarters for National Public Radio in Washington on April 15, 2013.

Tagged as: 

  • Media

NPR cancels 4 podcasts amid major layoffs

NPR moved this week to cut 10% of its staff and stop production of a handful of podcasts, including Invisibilia, Louder Than a Riot and Rough Translation.

March 24, 2023
|
By:
  • David Folkenflik and
  • Mary Yang
GPB News NPR

Tagged as: 

  • Business

Planet Money pieces together the failure of Silicon Valley Bank

The collapse of Silicon Valley Bank was the second-largest bank failure in U.S. history. Many tech startups thought they lost everything until the government stepped in.

March 24, 2023
|
By:
  • GPB Newsroom
Nintendo will soon close the digital storefronts for the Wii U and 3DS.

Tagged as: 

  • Games & Humor

Nintendo's Wii U and 3DS stores closing means game over for digital archives

Starting March 27, you won't be able to buy digital games for the Wii U and 3DS. Video game archivists and fans are racing to preserve titles that may soon disappear.

March 24, 2023
|
By:
  • Jamal Michel
Gov. Spencer Cox signs two social media regulation bills during a ceremony at the Capitol building in Salt Lake City on Thursday, March 23, 2023. Cox signed a pair of measures that aim to limit when and where children can use social media and stop companies from luring kids to the sites.

Tagged as: 

  • Law

Utah's new social media law means children will need approval from parents

The restrictions passed through Utah's Republican-supermajority Legislature reflect how politicians' perceptions of technology companies are changing — and that includes pro-business Republicans.

March 24, 2023
|
By:
  • The Associated Press
Federal Trade Commission Chair Lina Khan, pictured at her April 2021 confirmation hearing, spoke to <em>Morning Edition</em> on Thursday about the new "Click to Cancel" proposal.

Tagged as: 

  • Business

Still trying to quit that gym membership? The FTC is proposing a rule that could help

The Federal Trade Commission gets thousands of complaints a year from customers trapped in memberships they don't want. Its "Click to Cancel" proposal aims to change that, Chair Lina Khan tells NPR.

March 24, 2023
|
By:
  • Rachel Treisman
TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee on Capitol Hill on March 23, 2023. The hearing was a rare opportunity for lawmakers to question the leader of the short-form social media video app about the company's relationship with its Chinese owner, ByteDance, and how they handle users' sensitive personal data.

Tagged as: 

  • Politics

Lawmakers grilled TikTok CEO Chew for 5 hours in a high-stakes hearing about the app

Both Republicans and Democrats expressed deep skepticism that the company won't share U.S. user data with the Chinese government.

March 23, 2023
|
By:
  • Dara Kerr
Hyundai and Kia are telling owners of over 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch fire while they are parked or being driven. The Korean automakers are recalling the vehicles.

Tagged as: 

  • Business

Hyundai and Kia recall 571,000 vehicles due to fire risk, urge owners to park outside

Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch fire while they are parked or being driven.

March 23, 2023
|
By:
  • The Associated Press
  • Load More

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