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Micron reports largest loss on record as memory-chip market melts down, but stock gains as execs say inventory issues have peaked
Micron Technology Inc. reported its largest quarterly loss on record thanks to an inventory write-down of more than $1.4 billion on Tuesday, but share...
March 28, 2023, 4:25 pm
Credit suisse's top execs could face a probe over their role in the banking giant's collapse, swiss watchdog says
Credit Suisse was rescued by rival UBS last Sunday, bringing down the curtain on its 167-year history....
March 27, 2023, 5:37 am
Did first republic bank execs play hot potato by quickly dumping stocks?
First Republic Bank execs reportedly sold $11.8 million of company stock this year shortly before the r...
March 17, 2023, 11:51 am
First republic execs dumped $12m in stock before bank chaos: report
One stock sale occurred just two days before Silicon Valley Bank issued a warning that led to its collapse....
March 17, 2023, 11:38 am
Silicon valley bank execs enjoyed generous compensation in recent years, with ceo and cfo packages up 30% from 2018
The demise of Silicon Valley Bank amid a run on deposits has shined a light on stock sales carried out by officers at the bank's parent, SVB Financial...
March 15, 2023, 3:07 pm
Four days of panic: how startup execs navigated svb's meltdown and prepared for the worst
When SVB failed last week, tech CEOs had a lot to worry about, most immediately how they would make payroll for March 15....
March 15, 2023, 8:08 am
Regulators are taking a harder look at those insider stock sales by svb execs
The Justice Department and SEC are investigating the stock sales that officers of Silicon Valley Bank made days before the bank failed, according to b...
March 14, 2023, 5:40 pm
Svb execs sold $84 million in stock over the past 2 years, stoking outrage over insider trading plans
Altogether, Silicon Valley Bank executives and directors cashed out of $84 million worth of stock over the past two years, according to Smart Insider....
March 14, 2023, 4:26 pm
Signature bank execs starred in cringe broadway-like musical sketch video
A song in the musical video, branded the doomed bank "the stupidest idea I ever heard" and even quipped that it could "diminish and fail."...
March 14, 2023, 2:36 pm
Top silicon valley bank execs worked at notoriously troubled lehman brothers, deutsche bank
The employment records of SVB executives Kim Olson and Joseph Gentile raised eyebrows on social media....
March 13, 2023, 12:36 pm
Japan's nidec lines up five execs as chairman contenders
Japanese electric motor company Nidec Corp on Monday lined up five contenders to eventually take the reins as chairman from the firm's no-nonsense 78-...
March 13, 2023, 6:30 am
Tech execs race to save startups from ‘extinction’ after svb collapse
By Jeffrey Dastin, Anna Tong and Krystal Hu The post Tech execs race to save startups from ‘extinctio...
March 12, 2023, 6:36 am
Tech execs race to save startups from 'extinction' after svb collapse
Technology executives, prominent venture capitalists and founders including OpenAI CEO Sam Altman raced this weekend to keep alive companies caught up...
March 12, 2023, 1:26 am
Svb execs sell stock ahead of collapse as part of a pre-planned program
CNBC Contributor Herb Greenberg joins CNBC's Deirdre Bosa, Hugh Son and Brian Sullivan on 'Last Call' to discuss today's closure of Silicon Valley Ban...
March 10, 2023, 8:27 pm
Canada parliament questions google execs over news-blocking test
Alphabet Inc's Google will stop blocking news articles from some Canadian users' search results on March 16, a company executive told a Canadian parli...
March 10, 2023, 5:41 pm
Arcbest fires top 2 truckload brokerage execs in surprise move
In a surprise move, transportation firm ArcBest Corp. announced on Wednesday a reorganization that included the abrupt departures of the founder and C...
March 8, 2023, 3:20 pm
Salesforce ceo asks if tech execs should 'unleash' their inner elon musk. experts say that's an awful idea.
Marc Benioff says Elon Musk could teach tech CEOs a thing or two, but harsh layoffs could have negative long-term consequences, experts told Insider....
March 5, 2023, 5:52 am
Google execs tell employees in testy all-hands meeting that bard a.i. isn't just about search
After rolling out Bard as an AI service largely for search, Google executives appear to be pivoting away from that focus without providing specific us...
March 3, 2023, 5:06 pm
Tesla's investor day featured 17 execs, taking elon musk out of the limelight
One thing the Tesla Investor Day accomplished well was to turn shareholders' attention to the broader organization under Tesla's celebrity CEO....
March 3, 2023, 1:57 pm
Everything elon musk and execs shared (and skipped) at tesla investor day
The big, giant message Tesla CEO Elon Musk and other execs tried to impart during its four-hour Tesla I...
March 1, 2023, 9:36 pm