Sen John Kennedy: Silicon Valley Bank Crisis Could Have Been Avoided
Sen. John Kennedy (R-LA) has argued that the Silicon Vally Bank (SVB) collapse, and the resulting banking crisis, could have been avoided.
Business
Top Audit Firm Gave SVB, Signature Bank Clean Bill of Health Just Days before Collapse
One of America’s leading audit firms, KPMG, is defending giving both Silicon Valley Bank (SVB) and Signature Bank a clean bill of health just days before they collapsed last weekend.
GOP 2024 Candidate Ramaswamy: Feds Should Let Silicon Valley Bank ‘Fully Fail’
Republican 2024 presidential candidate Vivek Ramaswamy has called for the federal government to step back and allow the collapsed Silicon Valley Bank (SVB) to “fully fail.”
Biden: Silicon Valley Bank Investors Will ‘Lose Their Money’
President Joe Biden has said that investors in the collapsed Silicon Valley Bank will “lose their money” because “that’s how capitalism works.”
Taxpayer Funding for Ford’s New Battery Plant Rejected by Michigan State Legislators
A plan to use taxpayer money to help fund the new Ford electric vehicle battery plant in Michigan has been rejected by state legislators.
Dutch Government Blocks Chinese Government from Access to Key Semiconductor Technology
The Dutch government agreed to block the Chinese Communist Party (CCP) from gaining access to chip manufacturing technology.
U.S Economy Adds 311,000 New Jobs as Labor Growth Continues
The U.S. economy added 311,000 new jobs in February, according to the latest figures.
Elon Musk Responds after FTC Makes 350 Demands for Internal Twitter Information
The Federal Trade Commission (FTC) has allegedly demanded that Elon Musk hands over internal information about Twitter.
Biden Admin Reverses Course, Gives Congress Green Light to Pass Bill Banning TikTok
President Joe Biden’s administration has reversed course this week by announcing that it would support a Senate bill to outlaw the Chinese app TikTok in the United States.
Congress Tackles ChatGPT amid AI Revolution
This week, senators and representatives have held separate hearings regarding the perils and promises of artificial intelligence (AI).