Category Archives: Business News – ABC Audio

Why most bank deposits are safe, despite the Silicon Valley Bank collapse
Andrea Ronchini/NurPhoto via Getty Images(NEW YORK) -- The failure of Silicon Valley Bank, the second-biggest bank collapse in U.S. history, called into doubt the fate of roughly $175 billion in ...
Max Zahn, ABC News Mar 15, 2023

Experts call cryptocurrency a 'bystander' in SVB, Signature Bank collapses
lvcandy/Getty Images(NEW YORK) -- In the wake of last year's collapse of cryptocurrency exchange FTX, the collapse this week of Silicon Valley Bank and Signature Bank -- representing the second and th...
Ali Dukakis, ABC News Mar 15, 2023

Credit Suisse, Citi and more bank stocks tumble amid Silicon Valley Bank turmoil
Javier Ghersi/Getty Images(NEW YORK) -- Bank stocks in the U.S. and Europe tumbled on Wednesday as the global financial system continued to reckon with the Silicon Valley Bank collapse, the largest ba...
Max Zahn, ABC News Mar 15, 2023

After the fall of Silicon Valley Bank and Signature Bank, here are tips to keep your money safe
Catherine McQueen/Getty Images(NEW YORK) -- The closures of two of the nation's largest banks over the past week have put many consumers on edge. Silicon Valley Bank, the nation's 16th largest bank, s...
Katie Kindelan, ABC News Mar 15, 2023

OpenAI releases GPT-4, claims its chatbot significantly smarter than previous versions
Jakub Porzycki/NurPhoto via Getty Images(NEW YORK) -- OpenAI released the latest version of ChatGPT, the artificial intelligence language model making significant waves in the tech industry, on Tuesda...
Victor Ordonez, ABC News Mar 15, 2023

Two Lunchables approved for National School Lunch Program to be served at cafeterias next year
Kraft Heinz(NEW YORK) -- Lunchables are ready for their first day of school. In tandem with the National School Lunch Program, the ready-to-eat packaged Lunchables kits, made by Kraft Heinz, have been...
Kelly McCarthy, ABC News Mar 15, 2023

New Churro Dipped Cone and Saint Patrick's Day treats at Dairy Queen
Dairy Queen(NEW YORK) -- There's a new sweet treat on the menu at Dairy Queen for a limited time. The ice cream chain, known for its soft serve cones dipped in a quick-hardening shell, has added a new...
GMA Team, ABC News Mar 15, 2023
Silicon Valley Bank marketed itself as a climate tech-friendly bank. How will its collapse impact the industry?
Jakub Porzycki/NurPhoto via Getty Images(NEW YORK) -- Silicon Valley Bank's failure on Friday raises concerns over the potential impacts on the climate technology industry, where SVB was heavily ...
Kelly Livingston, ABC News Mar 14, 2023

Silicon Valley Bank: How a digital bank run accelerated the collapse
Andrea Ronchini/NurPhoto via Getty Images(NEW YORK) -- The collapse of Silicon Valley Bank, the second-biggest bank failure in U.S. history, took place over less than 48 hours. Customers withdrew...
Max Zahn, ABC News Mar 14, 2023

Justice Department, SEC probing collapse of Silicon Valley Bank: Sources
Thinkstock/Getty Images(WASHINGTON) -- The Justice Department and Securities and Exchange Commission are probing the collapse of Silicon Valley Bank, according to two people familiar with the sit...
Luke Barr, Alexander Mallin, and Aaron Katersky, ABC News Mar 14, 2023
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