In stunning news of events, Silicon Valley Bank collapsed Friday morning when California regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance Corporation (FDIC). The FDIC is currently...
Americans likely are receiving smaller tax refunds than they have in recent years, and most people will not be going out to spend this money, according to the February 2023 Consumer Food Insights Report. This month’s report...
The unimaginable happened in March 2020. Many employers shuttered their offices and told their employees to work from home. Today, although office workers are still not coming in every day, offices across 10 major U.S. cities are over...
While the t-shirt you are wearing is likely to be made in China, Vietnam or Pakistan, it may be produced from cotton grown much closer to home. The U.S. is a major world supplier of cotton, exporting...
When Russia invaded Ukraine in February 2022, the impact was felt across the world. In addition to the devastation Russian armies inflicted on Ukraine, the invasion affected global energy markets.
Michael De Groot, assistant...
Co-working spaces can limit the creativity and innovation of new businesses, a study has found. These shared spaces, which have boomed in popularity since the pandemic, may offer initial opportunities to collaborate but, before long, they ultimately...
As nations work to eliminate carbon emissions, batteries will play a huge role.
Electric vehicles powered by batteries seem likely to dominate the future of commercial and consumer transportation.
Likewise, large...
This holiday season is expected to set another record for online sales, according to the National Retail Federation. But if consumer habits mirror previous years, 20% to 30% of the merchandise will be returned. It’s a big...
Theranos founder Elizabeth Homes has been sentenced to more than 11 years in prison for defrauding investors of the blood-testing startup.
Holmes, who plans on appealing, will not have to report for her 135-month prison...
The growth rate of seafood farming worldwide peaked in 1996 according to new UBC research, highlighting the importance of rebuilding wild fish stocks to feed future demand.
If we were to rely only on...
Pfizer has announced the U.S. Food and Drug Administration (FDA) has approved ZAVZPRET™ (zavegepant), the first and only calcitonin gene-related peptide (CGRP)...