Virgin Orbit Furloughs Staff, Halts Operations While It Seeks Funding
Virgin Orbit Holdings Inc. shares tumbled after the Richard Branson-founded satellite launch firm said it would halt operations.
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Credit Suisse Needs Capital Raise or Break-Up, Morningstar Says
Credit Suisse Group AG’s funding costs have become so high it either needs to raise more capital or face a break up.
SVB: Financier Bill Ackman Expects Other Banks to Collapse
Hedge fund manager says regulators' emergency plan won't be enough to avert further failures after Silicon Valley Bank shutdown.
Charles Schwab Stock Falls as it Assures Company is 'Well-Positioned' Amid Financial Sector Turmoil
Charles Schwab's stock fell as much as 23% on Monday — its biggest daily decline on record despite assurances from the financial services company.
Silicon Valley Bank had More Red Flags Than a CCP Meeting
Despite skeins of bank regulations supposed to prevent another financial meltdown, SVB, the country’s 17th-biggest bank, went down in flames.
Google Over-Hired Talent to do ‘Fake Work’ and Stop Them Working for Rivals, Claims Former PayPal Boss, Keith Rabois
Thousands of layoffs in Big Tech are thanks to an over-hiring spree to satisfy the "vanity" of bosses at the likes of Meta and Alphabet.
Lehman Brothers Loses Bid to Collect on Crisis-Era Swaps
Lehman Brothers lost a bid to collect some $500 million on crisis-era subprime mortgage bond trades when it suffered defeat in a trial.
