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collapse

CNN Takes Another Stab At Streaming After Disastrous Collapse Of Previous Effort

August 24, 2023

CNN Takes Another Stab At Streaming After Disastrous Collapse Of Previous Effort Jason Cohen on August 24, 2023 CNN will be launching new original programming …

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Biden’s SEC Chair Says AI Technology Could Lead To Financial Collapse

August 7, 2023

Biden’s SEC Chair Says AI Technology Could Lead To Financial Collapse Jason Cohen on August 7, 2023 Securities and Exchange Commission (SEC) Chairman Gary Gensler …

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Bill Hwang seeks to subpoena 10 banks, shift blame for Archegos collapse

July 27, 2023
Bill hwang seeks to subpoena 10 banks, shift blame for archegos collapse - photo licensed by shore news network.

By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang, the founder of Archegos Capital Management, on Thursday asked a judge to let him subpoena documents …

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‘A Lot Of Wrong Things Were Done’: Whistleblower’s Attorney Reacts To Collapse Of Hunter Biden Plea Deal

July 26, 2023

‘A Lot Of Wrong Things Were Done’: Whistleblower’s Attorney Reacts To Collapse Of Hunter Biden Plea Deal Harold Hutchison on July 26, 2023 The attorney …

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Conservatives Celebrate Collapse Of ‘Sweetheart’ Plea Deal For Hunter Biden

July 26, 2023

Conservatives Celebrate Collapse Of ‘Sweetheart’ Plea Deal For Hunter Biden Harold Hutchison on July 26, 2023 Conservatives and Republicans celebrated the collapse of a “sweetheart” …

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One killed in bridge collapse in the Greek city of Patras

July 23, 2023July 23, 2023
One killed in bridge collapse in the greek city of patras - photo licensed by shore news network.

ATHENS (Reuters) – Part of a bridge collapsed on Sunday along a ring road in Patras, Greece’s third-largest city, killing one person and injuring eight, …

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Wealthy Elites Oversaw A Massive Bank Collapse. Now They’re Suing To Claw Back Billions

July 10, 2023

Wealthy Elites Oversaw A Massive Bank Collapse. Now They’re Suing To Claw Back Billions Jason Cohen on July 10, 2023 The wealthy board of directors …

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Palestinian Government Rejects Israel’s Offer Of Security And Economic Aid To Prevent Collapse

July 10, 2023
Palestinian government rejects israel’s offer of security and economic aid to prevent collapse - photo licensed by shore news network.

Palestinian Government Rejects Israel’s Offer Of Security And Economic Aid To Prevent Collapse Kate Anderson on July 10, 2023 The Palestinian Authority (PA) resoundingly rejected …

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Montana bridge collapse sends tank cars into Yellowstone River

June 24, 2023

(Reuters) – A bridge in Montana collapsed into the Yellowstone River early on Saturday, landing multiple rail cars in the water, officials said. Montana Rail …

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Authorities Investigating Goldman Sachs Over Role In Massive Bank Collapse: REPORT

June 15, 2023

Authorities Investigating Goldman Sachs Over Role In Massive Bank Collapse: REPORT Jason Cohen on June 15, 2023 The Federal Reserve and the Securities and Exchange …

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Buttigieg Pressed On Why It Took Him Weeks To Go To East Palestine Despite Visiting Highway Collapse Within Days

June 13, 2023

Buttigieg Pressed On Why It Took Him Weeks To Go To East Palestine Despite Visiting Highway Collapse Within Days Jennie Taer on June 13, 2023 …

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U.S. Transportation chief pledges support for Philadelphia after highway collapse

June 13, 2023
U. S. Transportation chief pledges support for philadelphia after highway collapse - photo licensed by shore news network.

By David Shepardson WASHINGTON (Reuters) – Transportation Secretary Pete Buttigieg on Tuesday pledged federal support for rebuilding a major U.S. highway after a portion collapsed …

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I-95 collapse to take months to repair, Governor says

June 11, 2023
I-95 collapse to take months to repair, governor says - photo licensed by shore news network.

Philadelphia, PA – A significant section of the northbound lanes of I-95, a crucial highway on the East Coast of the United States, collapsed in …

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Philadelphia bridge collapse, Everything you need to know for Monday’s commute

June 11, 2023
Philadelphia bridge collapse, everything you need to know for monday's commute - photo licensed by shore news network.

PHILADELPHIA, PA – A bridge collapse on I-95 in Philadelphia is expected to cause serious traffic issues for the foreseeable future. Here’s what commuters and …

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Fire Causes Collapse Of I-95 In Philadelphia

June 11, 2023
Fire causes collapse of i-95 in philadelphia - photo licensed by shore news network.

Philadelphia, PA – A section of a crucial highway on the East Coast collapsed in Philadelphia following a fire ignited by a gasoline-carrying tanker truck …

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Russia And Ukraine Trade Blame Over Dam Collapse In War Hotspot

June 6, 2023

Russia And Ukraine Trade Blame Over Dam Collapse In War Hotspot Micaela Burrow on June 6, 2023 Russia and Ukraine accused the other of causing …

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First Republic Bank paid some employees salaries of more than $10 million before collapse – Bloomberg News

May 25, 2023
First republic bank paid some employees salaries of more than $10 million before collapse - bloomberg news - photo licensed by shore news network.

(Reuters) – First Republic Bank was paying dozens of employees more than $10 million apiece annually in the heyday before its collapse, Bloomberg News reported …

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‘Bone-Deep Down To The Marrow Stupid’: Sen. Kennedy Grills Silicon Valley Bank CEO On Collapse

May 16, 2023

‘Bone-Deep Down To The Marrow Stupid’: Sen. Kennedy Grills Silicon Valley Bank CEO On Collapse Jason Cohen on May 16, 2023 Republican Louisiana Sen. John …

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Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse

May 5, 2023

Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse Jason Cohen on May 5, 2023 Goldman says it is “cooperating with and providing …

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Regional Bank Stocks Plummet Following First Republic Collapse

May 2, 2023May 2, 2023

Regional Bank Stocks Plummet Following First Republic Collapse Jason Cohen on May 2, 2023 Regional bank stocks declined on Tuesday following the collapse of First …

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Major Bank’s Stock Continues Crashing As It Begs Fed For Aid To Avoid Collapse

April 26, 2023

Major Bank’s Stock Continues Crashing As It Begs Fed For Aid To Avoid Collapse Jason Cohen on April 26, 2023 First Republic Bank’s stock price plunged …

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Despite SVB collapse, FDIC on track to recoup insurance losses: Chair

April 18, 2023
Despite svb collapse, fdic on track to recoup insurance losses: chair - photo licensed by shore news network.

(Reuters) – Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill …

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Analysis-Israel’s tech sector reels from SVB collapse, proposed judicial reform

April 3, 2023
Analysis-israel's tech sector reels from svb collapse, proposed judicial reform - photo licensed by shore news network.

By Steven Scheer JERUSALEM (Reuters) – After weathering recession and military conflicts, Israel’s high-tech sector could be facing its biggest test yet as the collapse …

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‘Absolute chaos’: Illinois theater roof collapse sums up destruction by storms

April 1, 2023
'absolute chaos': illinois theater roof collapse sums up destruction by storms - photo licensed by shore news network.

By Kanishka Singh and Ashraf Fahim WASHINGTON (Reuters) – A rock concert was in store on a Friday evening at the Apollo Theatre in Belvidere, …

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Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

March 22, 2023
Analysis-credit suisse collapse threatens switzerland's wealth management crown - photo licensed by shore news network.

By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management …

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HR startup Rippling raises $500 million in fresh funding after SVB collapse

March 17, 2023
Hr startup rippling raises $500 million in fresh funding after svb collapse - photo licensed by shore news network.

By Krystal Hu and Niket Nishant (Reuters) -HR and payment software startup Rippling said on Friday it has raised $500 million in a new funding …

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Carl Icahn urges Fed to keep fighting inflation after SVB collapse – FT

March 16, 2023
Carl icahn urges fed to keep fighting inflation after svb collapse - ft - photo licensed by shore news network.

(Reuters) – Activist investor Carl Icahn has urged the U.S. Federal Reserve to stay the course in the fight against the “disease of inflation” despite …

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Canada should support startups after SVB collapse, says lobby group

March 16, 2023
Canada should support startups after svb collapse, says lobby group - photo licensed by shore news network.

TORONTO (Reuters) – A lobby group for Canada’s venture capital and private equity funds is asking Prime Minister Justin Trudeau’s government to provide emergency financing …

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After SVB collapse, rating agencies back banks to cope with rate pressures

March 16, 2023
After svb collapse, rating agencies back banks to cope with rate pressures - photo licensed by shore news network.

By Lawrence White and Marc Jones LONDON (Reuters) – Banks should largely be able to cope with “unrealised losses” on bonds and the collapse of …

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U.S. Republicans seek answers from regulators over SVB’s collapse – Thune

March 15, 2023
U. S. Republicans seek answers from regulators over svb's collapse - thune - photo licensed by shore news network.

(Reuters) – Most Republican members want answers from regulators as to why they were “asleep at the switch” over the collapse of Silicon Valley Bank …

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Latin American tech startups scramble after SVB collapse

March 14, 2023
Latin american tech startups scramble after svb collapse - photo licensed by shore news network.

By Kylie Madry MEXICO CITY (Reuters) – Tech startups in Latin America are struggling to find banking alternatives after the sudden crash of Silicon Valley …

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Israel Finance Minister says immediate liquidity risk averted after SVB collapse

March 14, 2023
Israel finance minister says immediate liquidity risk averted after svb collapse - photo licensed by shore news network.

JERUSALEM (Reuters) – Israel’s Finance Ministry said on Tuesday that a panel formed to assess the fallout from the collapse of Silicon Valley Bank determined …

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U.S. banking behemoths attract flood of deposits after SVB collapse -sources

March 14, 2023
U. S. Banking behemoths attract flood of deposits after svb collapse -sources - photo licensed by shore news network.

By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers have flooded banking giants, including JPMorgan Chase & Co, Bank of America Corp …

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No all-clear yet for European banks after SVB collapse – German economist

March 14, 2023
No all-clear yet for european banks after svb collapse - german economist - photo licensed by shore news network.

BERLIN (Reuters) – European banks are not completely in the clear after the collapse of Silicon Valley Bank and Signature Bank even though they do …

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Domestic data, not SVB collapse, in focus for rate hikes in Australia – top bank analysts

March 14, 2023
Domestic data, not svb collapse, in focus for rate hikes in australia - top bank analysts - photo licensed by shore news network.

By Sameer Manekar and Mehr Bedi (Reuters) – Australia’s economic health will be its central bank’s compass for plotting the course of rate hikes, as …

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Japan’s policymakers play down contagion risk from SVB collapse

March 14, 2023
Japan's policymakers play down contagion risk from svb collapse - photo licensed by shore news network.

TOKYO (Reuters) – Japanese policymakers on Tuesday played down the risk of the economy taking a hit from the collapse of U.S. lender Silicon Valley …

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Here’s How The Average American Could End Up Footing The Bill For Silicon Valley Bank’s Collapse

March 13, 2023
Here’s how the average american could end up footing the bill for silicon valley bank’s collapse - photo licensed by shore news network.

Here’s How The Average American Could End Up Footing The Bill For Silicon Valley Bank’s Collapse Jason Cohen on March 13, 2023 The Biden administration …

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How Silicon Valley Bank’s collapse ripped through global tech

March 13, 2023
How silicon valley bank's collapse ripped through global tech - photo licensed by shore news network.

By Martin Coulter (Reuters) – Not long after California startups started pulling money out of troubled Silicon Valley Bank, entrepreneurs in other parts of the …

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‘They’re Not God’: GOP Presidential Candidate Rips Federal Reserve Over Bank Collapse, Vows Reform

March 13, 2023
‘they’re not god’: gop presidential candidate rips federal reserve over bank collapse, vows reform - photo licensed by shore news network.

‘They’re Not God’: GOP Presidential Candidate Rips Federal Reserve Over Bank Collapse, Vows Reform Harold Hutchison on March 13, 2023 Republican presidential candidate Vivek Ramaswamy …

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‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse

March 13, 2023
‘corporate bailouts must end’: 2024 gop candidates weigh in on silicon valley bank’s collapse - photo licensed by shore news network.

‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse Mary Lou Masters on March 13, 2023 The collapse of Silicon …

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Italy says hopes EU acts to shore up banks if needed, after SVB collapse

March 13, 2023
Italy says hopes eu acts to shore up banks if needed, after svb collapse - photo licensed by shore news network.

ROME (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti is closely watching market developments following the collapse of the Silicon Valley Bank (SVB), the ministry said …

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US lawmakers met Fed, FDIC to discuss Silicon Valley Bank’s collapse – Coindesk

March 11, 2023
Us lawmakers met fed, fdic to discuss silicon valley bank's collapse - coindesk - photo licensed by shore news network.

(Reuters) – U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the collapse of SVB Financial Group, Coindesk …

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Construction company, foreman convicted after wall collapse killed worker in Brooklyn

March 5, 2023
Construction company, foreman convicted after wall collapse killed worker in brooklyn - photo licensed by shore news network.

NEW YORK, NY – A New York City construction company and that company’s foreman have been convicted after a worker was killed at a Brooklyn …

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AMD shares jump as earnings defy collapse seen at Intel

February 1, 2023
Amd shares jump as earnings defy collapse seen at intel - photo licensed by shore news network.

By Aditya Soni (Reuters) – Shares of Advanced Micro Devices Inc rose nearly 7% on Wednesday after the U.S. chipmaker’s upbeat earnings showed that it …

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India police charge 10 with homicide over bridge collapse that killed 135

January 27, 2023
India police charge 10 with homicide over bridge collapse that killed 135 - photo licensed by shore news network.

By Sumit Khanna AHMEDABAD, India (Reuters) – Police in India on Friday charged 10 people with homicide in connection with the collapse of a colonial-era …

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Big rig crashes into gas station causing roof collapse

January 14, 2023
Big rig crashes into gas station causing roof collapse - photo licensed by shore news network.

RAWLINGS, MD -A tractor-trailer crashed into a gas station on McMullen Highway in Rawlings on Friday. According to the Allegany County Sheriff’s Office, the tractor-trailer …

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Brazil’s Eletrobras probes collapse of transmission towers – sources

January 10, 2023January 10, 2023
Brazil's eletrobras probes collapse of transmission towers - sources - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian energy company Eletrobras is investigating whether the collapse of two transmission towers were related to anti-government riots in Brazil on …

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Solana crypto token loses most of its value in 2022, FTX collapse weighs

December 28, 2022
Solana crypto token loses most of its value in 2022, ftx collapse weighs - photo licensed by shore news network.

NEW YORK (Reuters) – The price of Solana, a cryptocurrency token that had been lauded by FTX founder Sam Bankman-Fried, fell 10.36% on Wednesday, and …

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Russian pipeline gas exports to Europe collapse to a post-Soviet low

December 28, 2022
Russian pipeline gas exports to europe collapse to a post-soviet low - photo licensed by shore news network.

By Vladimir Soldatkin MOSCOW (Reuters) – Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut …

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Bankman-Fried charged with fraud in FTX’s collapse

December 13, 2022December 13, 2022
Bankman-fried charged with fraud in ftx's collapse - photo licensed by shore news network.

(Reuters) – Here are reactions to accusations of fraud and other charges brought on Tuesday against Sam Bankman-Fried, the founder and former CEO of cryptocurrency …

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