CNBC’s Andrew Ross Sorkin says covering the SVB collapse is like ‘walking a tightrope’

new York CNN — Andrew Ross Sorkin woke up early Monday morning, well before dawn, having managed to squeeze in a few hours of sleep. The New York Times columnist had been up late at night to work on his DealBook newsletter. And now he had to get up for a special edition of “Squawk … Read more

Chinese companies and tycoons rush to calm investors after SVB collapse sparks anxiety

hong kong CNN — The collapse of Silicon Valley Bank (SVB), which courted Chinese start-ups, has sparked widespread concern in China, where a series of founders and companies have rushed to appease investors claiming their exposure is insignificant or non-existent. SVB, which worked with nearly half of all venture capital-backed tech and healthcare companies in … Read more

Norfolk Southern balks at compensating homeowners whose home values ​​plummeted after derailment

washington d.c. CNN — Jim Stewart was about to sell his house in East Palestine, Ohio, and retire. Then came the derailment of a Norfolk Southern train on February 3, releasing toxic chemicals into the air and nearby water, and he fears that his home’s value will plummet. He and his wife were hoping to … Read more

Shipwreck in Italy: After a tragedy, no peace for the dead or the living

CNN — Two weeks after a boat full of migrants sank off the coast of southern Italy, there is still no peace for the living or the dead, and the missing – mostly children – continue to s wash up on the beaches. The latest – a girl aged five or six – was discovered … Read more

Hong Kong asks: what to do with 40,000 empty Covid quarantine units in the event of a housing shortage?

hong kong CNN — Behind the gleaming skyscrapers and multimillion-dollar homes that have made this city the world’s most expensive real estate market lies a far less appealing parallel reality: one of the world’s seemingly most intractable housing crises. . Welcome to Hong Kong, where the average house sells well north of a million dollars … Read more

Mental health startup exposes personal data of over 3 million people

Washington CNN — A mental health startup has exposed the personal data of 3.1 million people online. In some cases, potentially sensitive mental health treatment information was leaked, according to a company statement and a Department of Health and Human Services filing. Cerebral, a California-based company that connects people suffering from anxiety and depression with … Read more

Disney Boss Bob Iger Talks Future of Marvel, ‘Star Wars’, ESPN and Hulu

new York CNN — Bob Iger’s vision for Disney is becoming clearer. During his appearance at Morgan Stanley’s annual technology, media and telecommunications conference, Iger spoke at length about the future of the entertainment Goliath he once again finds himself leading, giving insight into his projects for media power. The CEO touched on a wide … Read more

Companies keep food expensive because they can

Editor’s note: A version of this story appeared in CNN Business’ Nightcap newsletter. To receive it in your inbox, subscribe for free, here. new York CNN Business — In the three years since the pandemic took hold in the United States, the economy has taken on shapes that scholars are still trying to understand. But … Read more

Children under 5 are increasingly falling victim to the opioid epidemic, study finds

CNN — The number of young children in the United States who have died from opioid overdoses has risen dramatically, according to a new study of accidental poisonings of children 5 and younger. The study, published Wednesday in the journal Pediatrics, examined a national database and found 731 children ages 5 and younger among the … Read more

Bud Light Seltzer wants to remind people that it does not contain beer

new York CNN — Bud Light Seltzer has a problem: people always think there’s beer in fortified seltzer. More than half of the thousands of people surveyed by Bud Light Seltzer mistakenly believe that alcoholic seltzer contains beer, which is a self-confessed problem for the three-year-old brand because it’s a “hurdle for people who are … Read more