The U.S rushed to seize the assets of Silicon Valley Bank on Friday after it experienced a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago. Silicon Valley, the nation’s 16th largest bank,… Read More
Oscars to get rid of the red carpet, a staple since 1961
Many things about the Academy Awards have changed over the years, but for the past six decades there has been at least one constant: The red carpet. The hues have varied over the years, but it has always been some shade of red. Until this year. On Wednesday outside the… Read More
Another country just banned TikTok, following the US and EU
Belgium is banning TikTok from government phones over worries about cybersecurity, privacy and misinformation, the country’s prime minister said Friday, mirroring recent action by other authorities in Europe and the U.S. The Chinese-owned video sharing app will be temporarily prohibited from devices owned or paid for by the Belgium’s federal… Read More
Hitting technology may help baseball’s struggling lineups
Tim Anderson wanted to study his swing. After a season hampered by groin and hand injuries, the Chicago White Sox shortstop wanted to build a more fluid approach at the plate. That work brought him to Driveline Baseball, first at the company’s main facility in Washington, and then at its… Read More
Tiger Woods facing legal clash with ex-girlfriend ahead of Masters
Tiger Woods’ former girlfriend wants to nullify a nondisclosure agreement she signed with golf’s biggest star in a legal dispute that involves allegations of an abrupt breakup after six years together. The court documents have come to light a month before Woods, whose comeback from injuries has restored his popularity,… Read More
Suns’ Kevin Durant is out after this injury
Kevin Durant’s home debut with the Phoenix Suns will have to wait a little longer. The 13-time All-Star slipped on the floor during pregame warmups and was ruled out Wednesday night against the Oklahoma City Thunder because of left ankle soreness. Sponsored: Bezos & Musk investing billions to transform America…Learn… Read More
Adidas dealing with $1.3B stockpile of Kanye merch
Adidas is still wrestling with how to dispose of 1.2 billion euros ($1.3 billion) worth of Yeezy shoes after its breakup with the rapper formerly known as Kanye West, forcing the German sportswear maker into a big loss at the end of last year and expectations of more pain ahead…. Read More
Bold $50 million diamond heist the near-perfect crime
Nearly a decade after a brazen diamond heist at Brussels airport, it looks like a near-perfect crime. While one person was convicted and sentenced to five years in prison and a small part of the loot — estimated in 2013 to be worth $50 million — was recovered, 18 other… Read More
Twitter glitches as links, images fail to load
Twitter experienced a bevy of glitches for over an hour Monday as links stopped working, some users were unable to log in and images were not loading for others. The company, which has experienced an uptick of instability and bugs in recent months after Elon Musk cut its staff sharply,… Read More
Fed chair signals steeper rate hikes… under one condition
The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Jerome Powell told a Senate panel Tuesday. “The latest economic data have come in… Read More
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