The U.S. Federal Deposit Insurance Corporation (FDIC) has entered a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First-Citizens Bank & Trust Company, according to an [Read More]
U.S. President Joe Biden approved early Sunday a disaster declaration for the southern state of Mississippi after deadly tornadoes. Biden ordered federal aid to supplement recovery efforts in the areas affected by “severe storms, straight-line [Read More]
Amazon announced on Monday the company’s plan to cut 9,000 more jobs in a new round of layoffs. Amazon CEO Andy Jassy said in a blog post Monday morning that the cuts will mostly impact [Read More]
The United States has the lowest life expectancy of all G7 nations (Group of Seven), British paper Daily Mail has reported, citing findings published in the Journal of the Royal Society of Medicine. Although the [Read More]
Saudi Arabia announced Tuesday the order of up to 121 Boeing 787 airliners for two national carriers, the Saudi Press Agency (SPA) reported. The newly-formed Riyadh Air said it will buy 39 Boeing 787 Dreamliners, [Read More]
A freight train derailed on Saturday afternoon in Springfield Township, Clark County, the county said Sunday in an update on Facebook. Approximately 20 of the 212-car Norfolk Southern train derailed with four tankers identified with [Read More]
The U.S. dollar fell in late trading on Wednesday, amid strength in the euro. The dollar index, which measures the greenback against six major peers, slid 0.37 percent to 104.4849. The euro, the largest component [Read More]
The COVID-19 emergency state in California, the most populous state of the United States, officially ended on Tuesday, nearly three years after Governor Gavin Newsom issued the country’s first statewide stay-at-home order. Newsom issued a [Read More]
U.S. consumer confidence fell for the second straight month in February, indicating Americans’ jitters about the economy amid surging inflation and high interest rates. The Conference Board reported Tuesday that its Consumer Confidence Index now [Read More]
Two people were killed and three others injured following an explosion and fire at a welding company in Florida on Tuesday. The welding company is located in Medley, a town in Miami-Dade County. Two people [Read More]
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