Silicon Valley Bank: The Great Recession’s largest financial disaster 2023

US officials shut down and seized Silicon Valley Bank (SVB) in response to a rush of consumers to withdraw their assets, but how does this affect British businesses? From its founding in 1983, the startup environment has been important to SVB’s commercial operations. With a history of investing in future household brands, such as Cisco … Read more

18 states are thinking about putting a stop to drag shows 2023

Republicans around the national advocate for legislation that would prohibit or ban drag show performances in the presence of minors. Supporters assert that the legislation is discriminatory towards the LGBTQ community and might impact their companies and livelihoods. Timothy Sherwood, who performs as Kylee O’Hara Fatale, said, “Drag saved my life.” Sherwood considers dragging to … Read more

First tenant for Rock Springs Business Park 2023

CHERRY — The long-vacant site of a former pottery in Hancock County will soon have a new tenant following years of renovation and marketing efforts. Heavy Iron Oilfield Services, LP will transfer its operations from Canonsburg, Pennsylvania to Chester’s Rock Springs Business Park, the former location of Taylor, Smith & Taylor Pottery. The relocation entails … Read more

Police-Supporting Business 2023

One of the leading banks in Silicon Valley collapses; assets are taken. WINTERSVILLE — What began as a way for Mayor Michael Petrella to express gratitude to the village’s police department has evolved into a chance for others to do the same. Petrella stated that he had approached Rich and Sharen Gunther, proprietors of Grit … Read more

Meta Announce strategic alternatives for Customer business-software firm 2023

(Reuters) – Meta Platforms Inc. announced on Friday that it is evaluating strategic alternatives for the customer service business Kustomer, which it acquired through a process that concluded in the previous year. “We are now evaluating strategic options for Kustomer and will continue to support Kustomer’s product and customer base during this process,” the owner … Read more