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The Latest Breaking News from Fortune

Read SVB Capital’s letter about its parent company’s bankruptcy

The funds and corresponding portfolio company holdings won’t be included in the bankruptcy proceedings.

Crypto bank Protego didn't meet all requirements for national trust charter, OCC says

Crypto bank Protego didn't meet all requirements for national trust charter, OCC says

The rejection is another blow to the volatile industry’s banking options.

No more red carpet for Musk as VW breaks with Tesla entrepreneur

No more red carpet for Musk as VW breaks with Tesla entrepreneur

Oliver Blume's predecessor Herbert Diess angered labor unions with his constant adulation of Tesla.

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Ryan Reynolds's Mint Mobile sale will earn him an estimated $300 million. Here's how he grew the telecom startup

Mint Mobile, in which actor Ryan Reynolds held a big stake, was acquired for $1.35 billion by T-Mobile this week.

This week in the metaverse: Yuga Labs adds to NFT game, The Sandbox opens a virtual Irish pub, and Silicon Valley Bank spooks Web3 traders

Yuga Labs builds upon Dookey Dash with a new collection, a virtual Irish pub opens in The Sandbox, and Silicon Valley Bank takes a toll on NFT traders.

Americans are stress-buying live chickens because of egg prices

Demand has more than doubled for some businesses, which have now sold out for the season and are having to turn away customers.

Glassdoor is moving beyond salary transparency to DEI transparency

Glassdoor is moving beyond salary transparency to examine equity in the employee experience.

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Inside ‘Operation Yeti’: How U.K. tech survived SVB’s collapse

Inside ‘Operation Yeti’: How U.K. tech survived SVB’s collapse

In a matter of hours, investors, founders, industry volunteers, and government worked together to make sure 40% of their startups don’t go under.

Before fearing ChatGPT, remember that Steve Jobs doubted the cloud, says NetSuite founder

Before fearing ChatGPT, remember that Steve Jobs doubted the cloud, says NetSuite founder

Evan Goldberg, the man behind the world’s first cloud software company, Oracle NetSuite, has faith in humanity over robots.

Diversity is not hurting the financial sector. Inclusive organizations are getting their money’s worth–and disproving DEI’s expendability narrative

Diversity is not hurting the financial sector. Inclusive organizations are getting their money’s worth–and disproving DEI’s expendability narrative

Diversity has helped banks innovate and grow their revenue, says people executive and former Air Force captain Trier Bryant.

5 lifestyle changes can significantly reduce your cancer risk, from giving up drinking to wearing sunscreen

5 lifestyle changes can significantly reduce your cancer risk, from giving up drinking to wearing sunscreen

A third to a half of all cancers are preventable.

‘Let’s do a house tour’: This NYC-based TikTok creator built a following of 7 million and became a modern-day MTV Cribs

‘Let’s do a house tour’: This NYC-based TikTok creator built a following of 7 million and became a modern-day MTV Cribs

“It’s interesting to see how all walks of life live”: TikToker Caleb Simpson’s philosophy behind his viral home tours

CEOs: Inflation is still the 800-pound gorilla in the room

CEOs: Inflation is still the 800-pound gorilla in the room

What are CEOs thinking right now? To find out, Fortune once again ran a CEO survey, conducted in collaboration with Deloitte.

The hottest ticket out of the U.S. these days: A second passport to Italy

The hottest ticket out of the U.S. these days: A second passport to Italy

Fueled by political instability and aided by remote work, more and more Americans are looking into getting Italian citizenship.

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Snapchat's secret weapon: Creators

Snapchat's ad revenue-sharing program is still in beta testing, but some creators report big payouts. Will it give Snap an edge in its competition with larger platforms like Instagram and TikTok?

Corporations have a duty to prevent child labor abuses in their supply chains. Here’s how they’re still getting off the hook

Major brands should be held strictly liable for egregious labor violations in their supply chains–regardless of whether they knew about the violations.

FDIC wants buyer of Signature Bank to give up crypto business, report says

The failed New York-based bank was a popular option among crypto firms.

Arbitrum, a leading scaling solution for Ethereum, will finally have a native cryptocurrency

The long-awaited launch of the coin will further decentralize the blockchain ecosystem, says Offchain Labs, Arbitrum’s initial developer.

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Joe & The Juice aspires to be the Starbucks of juice without losing its ride-or-die culture

Working at Joe & The Juice isn't just a job, the vibrant juicery says, it's a lifestyle—and its employees have all bought in on the culture.

Don’t blame capitalism for America’s health care crisis. Fix the misaligned incentives that make patient outcomes irrelevant

Americans' health care is often tied to the workplace. That makes it hard for insurers to invest in a patient's long-term well-being.

Some members of Chief, a women’s networking startup worth $1B, say the club isn’t living up to the hype

Members told Fortune that operational glitches and disagreements between Chief participants and its leaders caused them to question the club’s rapid growth, with some opting to leave.

Why Cruise's CEO says you'll soon be riding in a self-driving car

Autonomous vehicles will overtake human-driven cars in ten years, the CEO of GM's Cruise predicts.

After Twitter played a massive role in a historic $42 billion bank run, Elon Musk mused it was like 1929

Before Silicon Valley Bank was shut on Friday, investors discussed its health while some recommended that depositors pull their money out.

‘What happens to all the debt?’ Founders and VCs have a host of questions about the fate of Silicon Valley Bank’s venture loans

SVB was a prolific lender. “If it gets acquired, things could change,” one venture investor told Fortune.

The real victims of SVB aren't the tech elite: Hardworking business owners share their horror stories of the bank's collapse

The Silicon Valley Bank bailout was not about solving a “1% problem.”

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