One driver tells MarketWatch a healthcare stipend under California’s Prop. 22 has helped, ‘but now the cost of living is much higher.’
The Margin: Rat soup? NYC restaurant shut down after woman claims she found rodent in her food.
The restaurant, Gammeeok, has been shut down by the city’s health department.
The Ratings Game: All eyes are on AI ahead of Nvidia’s GTC keynote
Nvidia Corp.’s developer conference this week promises to showcase the “arms race” generative artificial intelligence has become.
: First Republic seeks to raise more money through private stock sale: report
First Republic is seeking to raise money from other banks or private-equity firms by selling new shares, the New York Times reported, citing people with knowledge of the discussions.
The Ratings Game: It’s not the ‘Twilight Zone,’ Silicon Valley Bank turned Big Tech into the ‘new safety trade’
The demise of Silicon Valley Bank may pose an existential crisis for many startups this year, but for big tech, it’s a boon.
: Credit Suisse’s one-year bonds are yielding 18%
Credit Suisse bonds plunged Friday in a new signal that the financial markets are questioning whether the beleaguered Swiss bank will survive.
: Trump returns to Facebook — the same day he’s reinstated on YouTube by Google
Google said its decision to reinstate Trump on YouTube came after the company ‘carefully evaluated the continued risk of real-world violence.’
: No, Silicon Valley Bank did not donate ‘more than $73 million to Black Lives Matter’
A conservative think tank’s database tracked Silicon Valley Bank’s donations, but they didn’t go to Black Lives Matter groups.
: ‘We’re seeing bigger gatherings’: Restaurant diners at head of table as consumption fuels China’s otherwise tepid recovery
Analysts label China‘s economic recovery stable if unimpressive. Medicine and food-service sales key retail outperformance.
Market Extra: What it may take to calm banking sector jitters: time, and a Fed rate hike.
Why First Republic’s $30 billion injection from big U.S. banks on Thursday isn’t calming the stock market yet.
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