US agency to restart sale of defunct Silicon Valley Bank
The United States Federal Deposit Insurance Corp is preparing to restart the sale procedure of Silicon Valley Bank after the most recent…
United States
First Citizens considers acquiring Silicon Valley Bank
First Citizens BancShares Inc is considering the acquisition of the Silicon Valley Bank that was closed down by the United State regulators…
Weekly jobless claims in US drops below prediction
The number of Americans submitting new unemployment benefit claims dropped more than anticipated last week, indicating ongoing labor market strength in the…
US business inventory declines first time in two years
U.S. business inventories declined for the first time in close to two years in January, possibly setting the stage for inventory investment…
Shareholders sue Silicon Valley Bank, CEO, CFO for fraud
Silicon Valley Bank Financial Group, the Chief Executive Officer, and Chief Financial officer were sued on Monday by shareholders. Reuters reported that…
US tech layoffs hit 51% after 180k job cuts in two months
The tech sector reportedly represents 51% of the total layoffs by United State companies over January and February. The job cut in…
Top US pharmacy halts sale of abortion pills in 20 states
The nation’s second-largest pharmacy chain, Walgreens Boots Alliance, stated on Thursday that it will halt the sale of abortion pills owing to…
18 Nigerian nurses charged over alleged fake results in US
The United States has charged at least 18 Nigerian nurses for allegedly using fake nursing degree diplomas and transcripts. This is according…
Valentine: Users fume as T-Mobile reports outage
One of the largest wireless carriers in the United States, T-Mobile, reported outages in the late hours of Monday over the disruption…
Oil prices decline as U.S opens reserve
PThe United State government expressed a decline in oil price on Tuesday after it said it would provide more from its Strategic…
West Africa gets US’ $4m grant to tackle child labour
The United States Department of Labour has announced a $4 million award to support the International Labour Organization’s work to implement a…
Cashew processing: US, Nigeria partner, target 4,500 jobs
The United States Department of Agriculture on Monday disclosed its plans to partner with Nigeria in cashew processing, creating 4,500 jobs in…