It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.

[ad_1] ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum dressed up as a…

Silicon Valley Bank’s Distress Wasn’t Reflected in Credit Ratings

[ad_1] Credit-rating firms held regional banks in high regard—until two of the biggest banking failures in U.S. history. Rapid collapses at Silicon Valley Bank and Signature Bank cast doubt on…

These Biotech Companies Were Told Their SVB Funds Were Available. It Wasn’t That Simple.

[ad_1] Health Companies rush to open bank accounts and navigate issues with wire transfers after SVB’s collapse [ad_2] Source link

Bob Iger says Disney+ hoarding its own movies and TV shows wasn’t as valuable as he thought and admits the company needs a rethink on streaming strategies

[ad_1] Disney could license more movies and TV shows to its streaming rivals as it becomes less focused on producing original content for its own streaming platforms, CEO Bob Iger…

Intel’s Generosity Wasn’t Paying Dividends

[ad_1] Cutting its dividend makes sense given the chip maker’s need for cash, but the focus now falls squarely on its risky turnaround plan. [ad_2] Source link

‘I wasn’t intending to go back to work for a few months’

[ad_1] Finance Secretary Kate Forbes has announced she will run for the SNP leadership following Nicola Sturgeon’s resignation last week. Ms Forbes, a new mother who is currently on maternity…

Can Southwest Airlines fix its tech problems? We asked aviation experts. The answer wasn’t encouraging

[ad_1] Genaro Molina | Los Angeles Times | Getty Images Will the majority of travelers forgive Southwest Airlines and start buying tickets on the major U.S. air carrier again? To…

Brendan Fraser Wasn’t Fully Sure He Wanted to be Superman

[ad_1] Brendan Fraser recently revealed that he auditioned for the role of Superman in the early 2000s, a role he didn’t get due to what he described as a blend…

China says it rejected U.S. call over balloon because ‘atmosphere’ wasn’t right

[ad_1] The Biden administration says China was using the 200-foot-tall balloon for surveillance, with a senior State Department official saying Thursday that it carried “multiple antennas” capable of collecting signals…

The Steam Deck wasn’t born ready, but it’s ready now

[ad_1] The Steam Deck is my favorite gadget of 2022. I have no hesitation in recommending it anymore. The kind of person who would buy one should buy one. My…