Category Business

WASHINGTON — The warning signs were all there. Silicon Valley Bank was expanding at a breakneck pace and pursuing wildly risky investments in the bond market. The vast majority of its deposits were uninsured by the federal government, leaving its…

Former Theranos executive Ramesh “”Sunny” Balwani is scheduled to begin his nearly 13-year prison sentence Thursday afternoon for a blood-testing hoax he engineered with his former boss and lover, Elizabeth Holmes, who is still fighting to remain free while she…

BRUSSELS — The European Union moved closer to ending a trade dispute with U.S. President Joe Biden on Wednesday following months of wrangling over the billions of America-first incentives in his clean technology plans and said it would ramp up…

WASHINGTON — A new “good neighbor” rule issued by the Environmental Protection Agency will restrict smokestack emissions from power plants and other industrial sources that burden downwind areas with smog-causing pollution they can’t control. Nearly two dozen states will have…

TRAVERSE CITY, Mich. — The U.S. Environmental Protection Agency says it will study whether to toughen regulation of large livestock farms that release manure and other pollutants into waterways. EPA has not revised its rules dealing with the nation’s largest…

WASHINGTON — The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China. Texas-based Microvast was one of 20 companies to win…

SAN FRANCISCO — Elon Musk is trying to slash expenses at Twitter as close to zero as possible while his personal wealth shrinks — and this apparently has included falling behind on rent payments at the company’s offices. Twitter owes…

JACKSON, Miss — Mississippi Gov. Tate Reeves signed a bill Tuesday restricting electric car manufacturers from selling vehicles in person unless they open franchised dealerships. Defying calls from some fellow Republicans in the Legislature to veto the measure, Reeves enacted…