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First Citizens Buys Much of Silicon Valley Bank
The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system. Source link
The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply
Business U.S. Steel and Cleveland-Cliffs jockey with foreign rivals to supply the crucial material for EV motors Source link
Semiconductor Firms Asked to Submit Financial Projections to Get Chips Act Funds
WSJ News Exclusive Business Commerce Department will use financial statements to evaluate applications Source link
China's Economic Coercion Needs Congressional Response, Ambassador Says
Rahm Emanuel, the U.S. ambassador to Japan, calls for a global coalition of U.S. allies to help those countries targeted by Beijing. Source link
Eurozone Banks Cut Lending Even Before Latest Financial Turmoil
Economy Europe Economy Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB rate moves Source link
Fear of Layoffs Is Changing How People Buy Homes
An employment contingency can protect buyers in the event of job losses. Source link
Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App
WSJ News Exclusive Tech Company plans to stop allowing restaurants to list multiple brands with the same menu Source link
China Detains Japanese Employee From Drugmaker Astellas
The arrest on suspicion of spying came as Beijing seeks to reassure foreign executives that it is open for business, and follows a raid on
Saudi Chairman of Credit Suisse’s Largest Investor Resigns
Markets Finance Ammar al-Khudairy’s remarks about Saudi National Bank’s investment in the troubled lender set off an investor panic Source link
Hertz Finance Chief Kenny Cheung to Step Down
Car-rental company taps accounting officer to stand in while the board searches for a permanent replacement. Source link