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This Week

  1. Amy Nelson’s experience battling Amazon inspired her to turn the Riveter into a platform to support women’s work and financial independence
  2. Ex-Wells Fargo exec implicated in ruse that created millions of fake customer accounts to plead guilty to criminal charges
  3. Chief, the $5,800-per-year women’s networking startup, is worth $1 billion and has a waiting list of 60,000. Some members say the club isn’t living up to the hype
  4. C-suite women are more likely than men to report toxic workplace behavior
  5. Credit Suisse was so fragile that a blunt answer in a TV interview was enough to send it to ask the Swiss central bank for $54 billion
  6. The CEO of GM’s Cruise thinks driverless cars will rule the road in 5 years: ‘Humans are so bad at driving’
  7. A Nobel-winning economist dissects SVB’s collapse—and predicts what happens next
  8. SVB Bridge Bank CEO to clients: ‘Give us a chance’
  9. Exiled Chinese billionaire with ties to Steve Bannon arrested in New York over defrauding investors of more than $1 billion
  10. Group of Nissan workers at plant in anti-union Tennessee to vote on forming union after years of legal wrangling
  11. Biden’s reported plan to force TikTok sale has China accusing the U.S. of ‘spreading disinformation’ and ‘suppressing’ foreign firms
  12. Credit Suisse shares are booming after Swiss central bank backs it with $54 billion loan
  13. Future of Finance: Figure’s Cagney says blockchain for payments nearing ‘tipping point’
  14. A Nobel Prize-winning economist debunks 3 misconceptions about SVB’s collapse—and explains what really went wrong
  15. Credit Suisse says it will borrow as much as $54 billion from the Swiss central bank following a day of market chaos
  16. First Republic Bank is considering a sale after being caught in the turbulence of Silicon Valley Bank’s collapse
  17. A major metro area just declared war on gas appliances — but not stoves
  18. U.S. demands that TikTok jettison its Chinese owners or risk being banned in another sign of rising international tensions
  19. South Carolina’s comptroller made a $3.5 billion accounting error—and now comes the repercussions
  20. Biological age is a better health indicator than the number of years you’ve lived—here’s how to measure it
  21. Silicon Valley Bank’s corporate clients aren’t getting any investor mercy. Their shares are down 6% even though their deposits are guaranteed
  22. Bad credit vs. no credit: Which is worse?
  23. After Twitter played a massive role in a historic $42 billion bank run, Elon Musk mused it was like 1929
  24. Financial planners say the right time to meet with an adviser is now—how to know if you should meet with a CFP, costs, and more
  25. Depression too often gets deemed ‘hard to treat’ when medication falls short. An overreliance on it can cause harm
  26. ‘What happens to all the debt?’ Founders and VCs have a host of questions about the fate of Silicon Valley Bank’s venture loans
  27. The real victims of SVB aren’t the tech elite: Hardworking business owners share their horror stories of the bank’s collapse
  28. With GPT-4, OpenAI’s chief scientist says the company has ‘a recipe for producing magic’
  29. The Credit Suisse turmoil triggered a throwback to 2008
  30. Credit Suisse is talking to the Swiss state about how to stabilize its stock after a record drop, sources say
  31. Honda is recalling 500,000 of its top-selling vehicles to fix seat belts that can fail to latch properly
  32. An exiled Chinese tycoon close to Trump world was just arrested on $1 billion fraud charges
  33. The state of Texas just took over the 8th largest school district in the country
  34. ‘Dr. Doom’ Nouriel Roubini warns that ‘contagion’ from U.S. bank failures and Credit Suisse’s problems could spread globally
  35. Prudential Financial’s CEO describes how ‘expanding access’ has been core to the company’s mission for nearly 150 years
  36. Credit Suisse’s distress sends markets tumbling and ignites more fears about the banking industry’s health
  37. The pros and cons of getting a money market account, according to financial advisers
  38. Many Gen Zers don’t believe they need a college degree for a successful career. They might be right
  39. Larry Fink is warning that after SVB another domino could fall soon, and it might be European giant Credit Suisse
  40. BlackRock’s Larry Fink sees the possibility of a broader banking crisis on the horizon: ‘Are the dominoes starting to fall?’
  41. Regulators are coming for OpenAI—but slowly
  42. The millionaire cofounder of Whole Foods says big business is the victim of unfair attacks and judgment despite being ‘the real value creators’ in the world
  43. The ChatGPT choice: Is improving web search worth exposing humans to tech that preys on their compassion?
  44. Ryan Reynolds cashes in on his budget wireless provider Mint Mobile for a cool $1.35 billion
  45. Kevin Hart wants to be the next Howard Stern as he re-signs with SiriusXM for a huge new deal
  46. The economist who won the Nobel for his work on bank runs breaks down SVB’s collapse—and his fears over what’s next
  47. SVB swag is a hot seller on eBay
  48. Elon Musk’s Starlink is transforming the Amazon, especially for criminals
  49. Your groceries will get stocked by robots and delivered by self-driving trucks (if you shop with Kroger)
  50. Oprah is celebrating her 100th book club pick with a modern-day homage to ‘Little Women’