BUSINESS

Whole Foods closes flagship San Francisco store over employee safety concerns

Whole Foods is temporarily closing a large store in downtown San Francisco due to concerns over employee safety, the company said on Wednesday.

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Startup CEO charged in $175 million fraud case

A tech start-up CEO once considered a preeminent American entrepreneur has been arrested and charged with fraud for allegedly lying to J.P. Morgan… Read more

WWE, UFC-parent company Endeavor merge to form $21B global fighting behemoth

Endeavor, the parent company of UFC, acquired World Wrestling Entertainment on Monday in a merger that values the WWE at $9.3 billion, forming a worldwide… Read more

Roku to slash 200 jobs, amounting to 6% of workforce

Roku plans to lay off another 200 workers, or 6% of its workforce, the video-streaming company said in a government filing on Thursday, just months… Read more

Group: Oil tanker tied to US-traded firm receiving Iran oil

DUBAI, United Arab Emirates -- An oil tanker owned by a major U.S.-traded transportation company appears to be taking on Iranian crude oil in a key… Read more

Much of failed Silicon Valley Bank's assets to be sold to First Citizens, FDIC says

First Citizens Bank will buy about $72 billion in assets from the failed Silicon Valley Bank, the Federal Deposit Insurance Corporation said.

Silicon… Read more

SVB execs sold millions of their company stock in lead up to collapse, federal disclosures show

Less than two weeks before Silicon Valley Bank became the largest bank failure since the 2008 financial crisis, top executives at the company sold… Read more

Ford recalling over 1 million cars over brake hose issue

Ford announced this week that it is recalling more than 1.2 million of its vehicles over a serious issue with its brake fluid hoses.

The National… Read more

T-Mobile acquires Mint, partially owned by Ryan Reynolds

Mint Mobile, partly owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion.

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