Category Business

In the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 members. Questions flowed as the bank’s financial status…

MONTGOMERY, Ala. — Three current and former former executives of a shipbuilder that constructs vessels for the U.S. Navy have been indicted on accounting fraud charges accusing them of falsely inflating the company’s reported earnings, federal prosecutors said. Craig Perciavalle,…

Shell has agreed to pay $10 million to resolve allegations that it polluted the air around its massive new petrochemical refinery in western Pennsylvania, the administration of Gov. Josh Shapiro announced Wednesday. Shell acknowledged that the plant, located along the…

“ Shazam! Fury of the Gods ” felt the fury of the marketplace in its theatrical debut this weekend. The New Line Cinema and Warner Bros. superhero movie opened to a disappointing $30.5 million from 4,071 theaters, according to studio…

BANGKOK — Shares advanced Tuesday in Asia after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business. China’s National Health Commission said Monday that passengers…

LONDON — The Scottish National Party is finding Nicola Sturgeon a hard act to follow. Scotland’s governing party is holding an acrimonious contest to replace Sturgeon, a leader who came to dominate Scottish politics, but hit an impasse in her…

BERLIN — Chancellor Olaf Scholz said Thursday that Germany will have to do a better job at clamping down on “irregular migration” and deporting those who don’t legally reside in the country. Scholz said that Germany, however, would continue to…

TOKYO — Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a 2 trillion yen ($15 billion) tender offer from Japan Industrial Partners, a buyout fund made up of the nation’s major banks and companies. If the proposal succeeds, it…

SEOUL, South Korea — Samsung Electronics said Wednesday it expects to invest 300 trillion won ($230 billion) over the next 20 years as part of an ambitious South Korean national project to build the world’s largest semiconductor manufacturing base near…