The losses came even after 11 other banks pledged to deposit $30 billion in First Republic for at least 120 days in a coordinated rescue attempt.
Macron enrages France by forcing through pension bill with no vote. But few think he’ll be forced out
The French government faces a no confidence vote that it is expected to survive.
See the widespread damage from atmospheric river storms in California
Nearly a dozen atmospheric rivers have led to higher levels of total snowpack and rainfall in many areas of California not seen in decades.
WeWork reaches deal to convert $1 billion of SoftBank’s debt to equity
WeWork said it had reached a deal to convert about $1 billion of key investor SoftBank Group Corp’s unsecured notes into equity, in an effort to restructure its finances.
YouTube lifts restrictions on Trump’s account
The decision means that Trump’s accounts on three major platforms from which he was restricted are now restored, in time for an expected election campaign.
90% of homeowners didn’t realize how expensive it would be—here’s what surprised them the most
Homeowners say the were most surprised by the cost of property taxes, renovations and utilities.
Bank of America says the stock market’s lows will be tested
Bank of America said investors should fade any rebound in stocks off the government’s efforts to backstop the banking system.
Venture investors, U.S. lawmakers join forces to fight Tiktok & Chinese influence: WSJ
To fight TikTok and Chinese influence in the U.S., venture investors have teamed up with U.S. lawmakers to form a new working group.
This luxury trailer in the Hamptons broke records in a $3.75 million sale
Will Gold with the Atlantic Team at Douglas Elliman tells CNBC Make It it took seven months to convince the owners to sell.
WHO calls on China to release data linking Covid origin to raccoon dogs at Wuhan market
The World Health Organization said new data linking the virus to animal samples at China’s Wuhan Market provides more clues about the Covid pandemic’s origins.