'big short' investor michael burry blames svb's collapse on greed and recklessness - and draws parallels with the dot-com and housing crashes

Michael Burry blasted Silicon Valley Bank's bosses for the lender's failure, and hinted bailouts lead to asset bubbles, inflation, and other headaches...

March 13, 2023, 5:31 am

Silicon valley bank crash: rep. katie porter blames rising interest rates, and raises oversight questions

That was Rep. Katie Porter pinning most of the blame for Silicon Valley Bank's collapse on rising interest rates....

March 12, 2023, 5:10 pm

Brazil’s economy stalled last year; lula blames high borrowing costs

By Marcela Ayres BRASILIA (Reuters) – Brazil’s economy shrank in the fourth quarter, affected by industry weakness and consolidating a slowdown th...

March 3, 2023, 1:58 am

Madonna blames criticism of grammys appearance on ‘ageism and misogyny’

has blamed “ageism and misogyny” in response to the criticism she has been receiving over her appearance at the Grammys. Read Full Story The post ...

February 11, 2023, 4:00 pm

Lyft forecasts revenue below estimates, blames cold weather, lower prices

Lyft Inc on Thursday forecast current-quarter revenue below Wall Street estimates, blaming extremely cold weather in some of its major markets and low...

February 9, 2023, 4:11 pm

Bp stock, lagging exxon, blames renewables, with earnings due

BP stock has rebounded 57% from Oct. 2020 lows of 14.74. Meanwhile, Exxon Mobil stock has ballooned 258% since then....

February 6, 2023, 3:50 pm

Party city's founder blames bankruptcy on private equity firms that jacked up prices

The founder of Party City blamed the retailer's collapse into bankruptcy on mismanagement by private equity firms -- claiming that they jacked up pric...

January 25, 2023, 3:43 pm

Ticketmaster blames cyberattack for taylor swift tour debacle

US concert booking website Ticketmaster was hit by a cyberattack last year that led to it botching sales for Taylor Swift's US tour, it told lawmakers...

January 24, 2023, 1:39 pm

Ticketmaster blames bots for botched taylor swift sale. senator says it's ‘unbelievable' and company must ‘figure this out.

That line above came Tuesday from Sen. Marsha Blackburn, a Tennessee Republican, during a Senate Judiciary Committee hearing that focused in large par...

January 24, 2023, 1:03 pm

Tesco chairman sparks backlash as he blames food suppliers for 'profiteering'

Tesco chairman John Allan has become embroiled in an angry row with food producer groups after suggesting they were responsible for soaring prices at ...

January 23, 2023, 9:43 am

Knot offshore partners: 3 reasons not to jump aboard this ship

KNOT Offshore Partners recently cut their distributions by 95%, which management blames on their lack o...

January 19, 2023, 2:53 pm

Goldman sachs ceo david solomon blames ‘challenging' us economy as profits plunge

The dismal earnings report came a week after Goldman Sachs announced a round of layoffs....

January 17, 2023, 10:25 am

Coinbase ceo brian armstrong blames ‘unscrupulous actors' for latest layoffs

Armstrong has been openly critical of Bankman-Fried since FTX's downfall....

January 10, 2023, 10:11 am

Coinbase will chop 20% of its staff in a 2nd round of big job cuts, as its boss blames 'unscrupulous actors' for putting pressure on crypto

Coinbase CEO Brian Armstrong blamed "unscrupulous actors" for the crypto market's brutal crash, a possible nod to FTX's Sam Bankman-Fried....

January 10, 2023, 7:23 am

Tesla stock has tanked. elon musk blames rising rates, not twitter.

Tesla's valuation has fallen below that of Johnson & Johnson and Exxon Mobil....

December 21, 2022, 5:25 am

Elon musk blames tesla's $600 billion plunge in market value this year on the fed - as rising interest rates erode the appeal of stocks

Tesla is firing on all cylinders, but rising rates are leading investors to swap out stocks for Treasuries and other safer assets, Musk said....

December 19, 2022, 5:42 am

What's happening to the roblox stock today?

Shares of Roblox Corp (NYSE: RBLX) tanked nearly 20% on Thursday after the online gaming platform reported key metrics for November that signalled a m...

December 15, 2022, 3:05 pm

Fubotv blames outage during france-morocco world cup match on “criminal cyber attack”

Streaming bundle provider FuboTV said a widespread outage during Wednesday's France-Morocco World Cup soccer match was caused by a “criminal cyber a...

December 15, 2022, 9:39 am

Rackspace blames ransomware attack for ongoing exchange outage

Cloud computing giant Rackspace has confirmed that it has been hit by ransomware attack that has left a number of its customers without access to emai...

December 6, 2022, 12:05 pm

China blames slowing economic recovery on covid outbreaks

A spokesperson from China's Statistics bureau with remarks after the data misses earlier:

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  November 15, 2022, 2:31 am