Bankrupt SVB Financial still exploring options for venture capital arm
(Reuters) -Bankrupt SVB Financial Group said on Wednesday it is continuing to evaluate strategic alternatives for SVB Capital, its venture…
Business
Fenwick law firm hires Gibson Dunn to defend work for bankrupt FTX exchange
By Andrew Goudsward (Reuters) – Law firm Fenwick & West has hired its own outside legal team as it faces…
Ex-Goldman banker convicted of insider trading
By Jody Godoy (Reuters) – A former Goldman Sachs banker was convicted of insider trading by a New York jury…
Marketmind: Hawkish Powell keeps markets on defense
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets from Alden Bentley, Breaking News Editor…
KB Home quarterly revenue rises on higher demand
(Reuters) – KB Home on Wednesday posted a 3% rise in its quarterly revenue, helped by strong demand amid tight…
Oil rallies as grain markets tighten, dollar falls on Fed Chair comments
By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesday as U.S. corn and soybean prices…
Rivian acquires route planning app maker Iternio – CEO
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) – Rivian has acquired Swedish EV route planning app maker Iternio…
Twitter has failed to pay millions in worker bonuses, lawsuit claims
By Daniel Wiessner (Reuters) – Twitter Inc is facing a lawsuit claiming it failed to pay workers millions of dollars…
Lockheed still working with US government on F-35 jet
(Reuters) – U.S. defense contractor Lockheed Martin said on Wednesday it was continuing to work with the government on capability…
Stocks fall as Powell says inflation fight not over
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell on Wednesday as Federal Reserve Chair Jerome Powell said…