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2023
May
24
Page 4

Day: May 24, 2023

‘Shazam!’ sequel tops box office on opening weekend but falls short of modest expectations
Business

‘Shazam!’ sequel tops box office on opening weekend but falls short of modest expectations

Kevin Moore May 24, 2023 0

“Shazam! Fury of the Gods” felt the fury of the marketplace in its theatrical debut this weekend. The New Line Cinema and Warner Bros. superhero movie...

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Elizabeth Warren calls for lifting FDIC insurance cap, possibly into the millions, after SVB failure exposes regional banks risk
Business

Elizabeth Warren calls for lifting FDIC insurance cap, possibly into the millions, after SVB failure exposes regional banks risk

Kevin Moore May 24, 2023 0

Senator Elizabeth Warren said she favors lifting the Federal Deposit Insurance Corp.’s standard $250,000 cap, possibly into the millions of dollars, after Silicon Valley Bank’s failure...

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Credit Suisse’s riskiest bonds in limbo after UBS deal to buy troubled lender
Business

Credit Suisse’s riskiest bonds in limbo after UBS deal to buy troubled lender

Kevin Moore May 24, 2023 0

Credit Suisse Group AG’s riskiest bonds rose sharply as traders bet that UBS Group AG’s deal to buy the troubled lender would spare holders significant losses. Additional Tier...

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FDIC leans toward Silicon Valley Bank breakup plan, pushes back deadline for bids
Business

FDIC leans toward Silicon Valley Bank breakup plan, pushes back deadline for bids

Kevin Moore May 24, 2023 0

US regulators are moving toward a breakup solution for Silicon Valley Bank after failing to line up a suitable buyer for the entire company, according to...

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