Commercial real estate prices in US fall for first time since 2011
“The magnitude of a correction in property values could be sizable and therefore could lead to credit losses” at banks, a new report says.
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SpaceX hires ex-NASA official for its Starship program
She's a general manager at Starbase, SpaceX’s launch facility in southern Texas,
SpaceX hires ex-NASA official Kathy Lueders for key role on Starship program
The former NASA associate administrator recently retired from the space agency after three decades at the organization.
Musk loses SEC appeal in ‘Twitter sitter’ dispute
Musk has been fighting the SEC over his posts since he tweeted in 2018 that he had “funding secured” to take Tesla private.
Silicon Valley Bank’s former CEO says Fed, social media contributed to bank’s collapse
The fastest pace of rate hikes by the Federal Reserve in decades combined with negative social media sentiment contributed to the failure of SVB Financial Group’s Silicon Valley Bank, said...
Google co-founders gain $17 billion as AI boost lifts stock
Larry Page’s net worth increased by $8.7 billion this week to $106.2 billion, while Sergey Brin’s rose $8.3 billion to $101.5 billion.
Southwest pilots authorize strike in sign of frustration with negotiations
While the vote doesn’t mean pilots will strike immediately, it gives union leaders approval to call for a walkout.
Lyft will discontinue pooled rides
Lyft Inc. is officially discontinuing shared rides, the latest change the ride-hailing company’s new chief executive officer is making in a bid to revamp the platform to compete with Uber.
The buzziest California wine region isn’t Napa or Sonoma
With interesting products and a world-class terroir, Paso Robles is the state’s new winemaking hot spot.
Meta may end Facebook, Instagram news content in Canada
In California, legislators are pushing a bipartisan bill that would see Big Tech paying for news content.