A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — After Silicon Valley Bank and Signature Bank failed, the US government stepped in with […]
Stocks fall sharply as bank fears consume global markets Source link
CNN — With a grandiose diplomatic flourish China brokered a rapprochement between Saudi Arabia and Iran, in the process upending US calculus in the Gulf and beyond. While the United States has angered its Gulf allies by apparently dithering over morality, curbing arms supplies and chilling relations, Saudi Arabia’s King-in-waiting Crown Prince Mohammed bin Salman, […]
CNN — Three years into the pandemic, Tilda Swinton is ready to put Covid-19-related film set rules behind her. While appearing at a South By Southwest (SXSW) festival event in Austin, Texas on Monday, Swinton said that she was told she had “to wear a mask at all times” while in production on a movie […]
New York CNN — Tyson is laying off nearly 1,700 workers as it closes two poultry plants in an effort to boost profits. The company will shutter a chicken processing plant in Glen Allen, Virginia that employs 692 people, as well as one in Van Buren, Arkansas, with 969 employees, on May 12. The closure […]
New York CNN — Moody’s Investors Service cut its outlook for the entire US banking sector and placed six US banks on review for potential credit rating downgrades, in the wake of last week’s collapse of Silicon Valley Bank. The credit ratings firm said it expects more banks will come under pressure after SVB’s failure […]
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN — From a cabin concept that completely eradicates the middle seat to a swanky design that takes single-aisle aircraft business class to a new level, this […]
Canberra, Australia CNN — More than a year after the United States, the United Kingdom and Australia dropped the tightly held news they were combining submarine forces, the trio released more details Monday of their ambitious plan to counter China’s rapid military expansion. Under the multi-decade AUKUS deal, the partners will build a combined fleet […]
San Diego CNN — President Joe Biden will be flanked on Monday by a 377-foot submarine – the USS Missouri – as he announces an accelerated timeline for Australia to receive its own nuclear-powered submarines early next decade. But looming much larger will be the increasingly tense US relationship with China, which has emerged as […]
US President Joe Biden speaks about the US banking system today in the Roosevelt Room of the White House in Washington, DC. (Saul Loeb/AFP/Getty Images) President Joe Biden addressed the nation Monday to assure Americans that the banking system is safe after the collapse of Silicon Valley Bank and Signature Bank. In his speech, he […]
