By AJ Fabino Growing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution. Recent events, such as the collapse of Signature Bank and SVB Financial Group’s Silicon Valley Bank have raised questions about deposit insurance, prompting U.S. Treasury Secretary Janet Yellen to testify before a U.S. Senate appropriations subcommittee.
Category: Entrepreneurs
By Alan J. Krawitz NEW YORK — Marcus Bullock made a mistake that could have cost him his future and sent him to prison for life at just 15. But, while he would end up going to prison for eight years for his involvement in an armed carjacking, his time incarcerated would change the trajectory of
By Chris Katje Elon Musk arrives to the 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at Metropolitan Museum of Art on May 02, 2022, in New York City. Musk has expressed his reservations about Instagram before. JAMES DEVANEY/BENZINGA The owner of one of the largest social media platforms in the world shared
By Bibhu Pattnaik Anthony Scaramucci attends the 2022 Forbes Iconoclast Summit at New York Historical Society on November 03, 2022, in New York City. Scaramucci had been reluctant to refer to Bankman-Fried’s dealings within FTX as fraud. ARTURO HOLMES/BENZINGA Skybridge Capital founder Anthony Scaramucci, who was among the featured speakers at the Future Of Crypto event, said
By AJ Fabino Bob Iger speaks onstage during the 2022 Sandy Hook Promise Benefit at The Ziegfeld Ballroom on December 06, 2022, in New York City. Iger returned to Disney after the company had ousted Bob Chapek and had canceled COVID-19 policies for employees. DIA DIPASUPIL/BENZINGA Walt Disney recently reappointed CEO, Bob Iger, ended the company’s
By Chris Katje Jim Farley, CEO of Ford Motor Company, poses with the new all-electric F-150 Lightning performance truck at its reveal at Ford World Headquarters on May 19, 2021, in Dearborn, Michigan. Farley has had a connection to Ford and the automotive industry as his cousin was played a car part inheritor in Tommy
By AJ Fabino Vince McMahon, Stephanie McMahon and Triple H (also known as Paul Levesque) attend the UFC 276 event at T-Mobile Arena on July 02, 2022, in Las Vegas, Nevada. It remains unclear what type of role, if any, McMahon would want at WWE if he sold the company. JEFF BOTTARI/BENZINGA Vince McMahon, the
By JNS Reporter Buffalo Bills fans attend a candlelight prayer vigil for player Damar Hamlin at Highmark Stadium on January 3, 2023 in Orchard Park, New York. Hamlin collapsed after making a tackle last night on Monday Night Football. TIMOTHY T LUDWIG/JNS The cardiac arrest of Buffalo Bills player Damar Hamlin after suffering an injury
By Chris Katje Mark Cuban of the Dallas Mavericks looks on during the game against the Chicago Bulls at United Center on December 10, 2022 in Chicago, Illinois. Maher argued that Democrats might be more boxed into their political identity, while Cuban says Republicans get boxed into being “anti-Roe”. QUINN HARRIS/BENZINGA Mark Cuban is
By AJ Fabino We know the world’s richest man, Elon Musk, recently closed a highly contentious deal: the $44-billion acquisition of micro-blogging platform Twitter, said Shark Tank investors. On set, the venture capitalists take pitches from startups and determine whether the business is investable, and act accordingly. A reporter asked the Sharks (more specifically, Kevin O’Leary and Mark Cuban)