London CNN — On March 10, the biggest failure of a US bank since the global financial crisis was playing out in real time as a major lender to the tech industry succumbed to a classic bank run. Silicon Valley Bank’s customers were frantically pulling their money from the California-based lender before US regulators intervened […]
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 — It’s difficult to overstate the influence that Silicon Valley Bank had over the startup […]
London CNN — The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to boost the flow of US dollars through the global financial system with the aim of keeping credit flowing to households and businesses. “The Bank of Canada, the Bank of England, the Bank of Japan, the […]
New York CNN — On St. Patrick’s Day, it might seem appropriate to knock back a shot of Jameson Irish Whiskey. However, when it comes to the luck of the Irish, US whiskey-makers might have the upper hand. American-made whiskey is one of the fastest-growing spirits in the United States, with sales soaring nearly 11% […]
Hong Kong CNN — New Zealand will ban TikTok on all devices with access to its parliament by the end of this month, becoming the latest country to impose an official bar on the popular social media platform owned by a Beijing-based tech conglomerate. Led by the United States, a growing number of Western nations […]
CNN — The US has seen a “significant spike” in aggressive Russian military flights in Syria this month, the commander of US Central Command said Thursday, two days after Russian jets harassed and collided with a US drone over the Black Sea. Gen. Erik Kurilla told a Senate Armed Services Committee hearing that Russian ground-attack […]
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 — Gather round, some hot new travel inspo just dropped. TIME magazine has just released its annual list of the World’s Greatest Places, and we’re here […]
Washington, DC CNN — US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of new home construction, rose by 9.8% in February from January. But that’s still down 18.4% from a year ago, according to data released Thursday by the Census Bureau. Starts in January […]
Washington CNN — The United Kingdom banned TikTok from official government devices on Thursday, adding to similar restrictions imposed by allies in Canada, the European Union and the United States. The social media app is not widely used by UK officials, according to a government announcement, but the measure reflects concerns about TikTok’s links to […]
CNN — US Secretary of State Antony Blinken on Wednesday pressed Ethiopian Prime Minister Abiy Ahmed on accountability for atrocities committed by all parties throughout the yearslong conflict in northern Ethiopia. The secretary of state and the prime minister met for roughly two and a half hours in the Ethiopian capital of Addis Ababa during […]
