EXCLUSIVE-U.S. regulator taps Piper Sandler in new bid to sell Silicon Valley Bank -sources

By David French March 15 (Reuters) – Regulators at the U.S. Federal Deposit Insurance Corp (FDIC) have tapped investment bank Piper Sandler Companies PIPR.N to relaunch the auction of failed lender Silicon Valley Bank, people familiar with the matter said on Wednesday. The development shows how the FDIC is preparing a concerted effort to sell … Continue reading EXCLUSIVE-U.S. regulator taps Piper Sandler in new bid to sell Silicon Valley Bank -sources

Smart Money: ‘This or That’: Booking With Points vs. Cash

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode is part of our new series called “This or That,” where the NerdWallet Travel team compares different ways to travel. Check out this episode on any of these platforms: Our take If you have a lot of credit card … Continue reading Smart Money: ‘This or That’: Booking With Points vs. Cash

Spilling the ChatGPT: Are AI Tools Here to Stay?

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It’s completely free and we guarantee you’ll learn something new every day. Unless you’ve been living off the grid somewhere in the Azores, you’ve probably heard of a little thing called ChatGPT. It’s a very impressive chatbot that was created … Continue reading Spilling the ChatGPT: Are AI Tools Here to Stay?

Dominion Energy’s Dividend Is Safe, but Will It Last?

Dominion Energy (NYSE: D) investors collectively breathed a sigh of relief after the company announced on its Q4 2022earnings callthat it had no intention of cutting its dividend. The company already cut its dividend by around a third in 2020. The bigger issue is that Dominion Energy’s stock is hovering around a 10-year low. The … Continue reading Dominion Energy’s Dividend Is Safe, but Will It Last?