The meltdown at Silicon Valley Bank and earlier collapse of Silvergate stem from a particular weakness mirrored across the financial industry.
Web search as you know it is dead: Microsoft's and Google's new AIs are about to transform how you look for information online
Say goodbye to long lists of links. New search engines boosted by artificial intelligence give conversational answers to humans' complex questions.
Twitter's CFO warned employees they're on track to get 50% of their typical annual bonuses because of the company's financial challenges, report says
Twitter CFO Ned Segal emailed employees Friday saying the company's bonus pool was currently at 50% of what it could be, The New York Times said.
The EU hit Apple with a preliminary antitrust complaint over Apple Pay
The European Commission said Monday its preliminary view was that Apple "abused its dominant position in markets for mobile wallets on iOS devices."
Inside Roman Abramovich's rise from college dropout and Red Army conscript to rubber-duck trader, billionaire oligarch, and wartime peace envoy
Roman Abramovich is Russia's most recognizable oligarch, known for his luxury property, yachts, private jets – and lately, his role as peace envoy.
Jennifer Lopez and Ben Affleck appear to have previously sailed on a recently seized $100 million superyacht linked to a Russian arms tycoon
Lopez and Affleck reportedly used the yacht, Valerie, last year. Valerie, which is linked to a sanctioned Russian arms tycoon, was seized Monday.
A top Russian official appeared to threaten France with 'real war' after the French finance minister said Western sanctions would 'cause the collapse of the Russian economy'
France's finance minister said Tuesday that the West would "cause the collapse of the Russian economy" through "economic and financial war on Russia."
Western sanctions are already disrupting Russia's economy, with the ruble slumping 30% and interest rates jumping to 20%. Here's what's happening and how the situation could play out.
Analysts at Rabobank believe the sanctions could prompt "perhaps the worst economic and financial collapse" in Russia since 1991.
The Kremlin says Russia's 'economic reality' has 'considerably changed' in the face of 'problematic' Western sanctions
Kremlin spokesperson Dmitry Peskov said Monday that the West's sanctions against Russia were "heavy" but his country had "response plans."
Europe can't stop buying Russian gas. Here's why.
On Sunday morning, Gazprom, the Kremlin-controlled energy giant, said gas exports from Russia to Europe via Ukraine were as high as expected.
Gap could shutter even more US stores after closing 81 in the UK, analysts warn. 'We're in for some radical right-sizing.'
'The uncomfortable truth is they still have way too many stores,' one analyst told Insider. Another said Gap is 'struggling to find its own identity.'