Not here for it. Jax Taylor had some choice words after Raquel Leviss was spotted leaving Tom Sandoval‘s home while Ariana Madix was out of town.
13.03.2023 - 02:35 / deadline.com
New York State regulators took over Signature Bank today, the second financial institution to fold in less than a week as the FDIC and Treasury, however, assured depositors at both that they would be made whole in an attempt to stem the growing crisis.
Signature was a banker to crypto clients. It recently indicated plans to retreat from that business, but customers grew concerned recently given its high share of uninsured deposits — especially in the wake of Friday’ collapse of Santa Clara, Calif.-based SVB, or Silicon Valley Bank, which housed assets of Roku and many other tech companies and startups.
“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth,” the Treasury Department, Federal Reserve, and Federal Deposit Insurance Corporation said in a joint statement Sunday.
“After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”“We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this
Not here for it. Jax Taylor had some choice words after Raquel Leviss was spotted leaving Tom Sandoval‘s home while Ariana Madix was out of town.
Katy Perry has been staying away from alcohol.
Elijah Wood is now a father of two, or has been for awhile now.
Depeche Mode kicked off their 2023 world tour in the US last night (March 23) – check out photos, fan-shot footage and the full setlist below.The synth-pop duo – comprising Dave Gahan and Martin Gore – delivered a 23-track set at the Golden 1 Center arena in Sacramento, California. To open the concert, they performed ‘My Cosmos Is Mine’ from their new album ‘Memento Mori’ for the first time.They also debuted ‘Speak To Me’ and ‘Soul With Me’ from the record, and played their recent single ‘Ghosts Again’.Elsewhere, Depeche Mode dedicated a live rendition of their 1990 single ‘World In My Eyes’ to their late bandmate Andy Fletcher.
Tom Schwartz has unmasked the mystery man who locked lips with Raquel Leviss at Coachella last April.
Depeche Mode performed ‘Ghosts Again’ from new album ‘Memento Mori’ on Jimmy Kimmel Live! this week – check it out below.Ahead of the release of 15th album ‘Memento Mori’, out Friday (March 24), the band – comprising Dave Gahan and Martin Gore – performed the lead single on this week’s episode of the celebrity talk show which aired Tuesday (March 21).Last month, the duo gave ‘Ghosts Again’ its live debut at the SanRemo Song Festival in Italy, the first time they had performed live since the death of bandmate Andy Fletcher last year.Watch the latest live performance of ‘Ghosts Again’ below.Last month, Depeche Mode also performed ‘Ghosts Again’ and ‘Personal Jesus’ on The Late Show with Stephen Colbert.“To me, ‘Ghosts Again’ just captures this perfect balance of melancholy and joy,” said frontman Gahan of the song upon its release, with Gore adding: “It’s not often that we record a song that I just don’t get sick of listening to – I’m excited to be able to share it.”The recent performances come ahead of their huge 2023 ‘Memento Mori’ world tour, which starts in the US and Canada this month and kicks off today (March 23) in Sacramento, California at the Golden 1 Center.Last month, the synth-pop duo announced a second North American leg of 29 new dates between late September and mid-December, 2023.Depeche Mode are also scheduled to tour in Europe, the UK and Ireland this year. Find any remaining tickets for the UK dates here.During an interview with NME last October, Gahan said that the new album wasn’t “something I dived into”, explaining: “At first I put up quite a bit of resistance.
It looked like a good week for Fox News on Last Week Tonight with John Oliver today as the collapse of Silicon Valley Bank and uncertainty in the financial world replaced the searing revelations resulting from Dominion Voting’s lawsuit against the Rupert Murdoch-owned cable newser on the HBO series.
Birthday kisses. Adam Levine celebrated turning 44 by packing on the PDA with wife Behati Prinsloo at the happiest place on Earth.
Harry Styles called crew members to check they were OK after the stage that he was performing on at the 2023 Grammy Awards spun in the wrong direction.That’s according to Grammys set designer Julio Himede, who told the BBC’s Eurovisioncast podcast that Styles was courteous and didn’t criticise technicians for the mishap.Styles “called the team in charge to make sure they were OK,” Himede said.At the 65th Annual Awards in Los Angeles on February 5, Styles and his dancers were forced to “reverse” their routine live onstage after the revolving stage malfunctioned.The pop star sang his 2022 hit single ‘As It Was’ and was due to mirror the song’s official video by presenting Styles on spinning turntable alongside a group of backing dancers.The pop star sang his 2022 hit single ‘As It Was’ at the 65th Annual Awards in Los Angeles, California last Sunday (February 5).Himede added that the mishap “was heartbreaking”.“In rehearsals his performance was so polished. I was sitting there admiring how amazing Harry and his dancers were to just run with it and cope with it.
Brianne Howey has announced she was expecting her first child with Matt Ziering. In a Thursday Instagram post, the Ginny & Georgia star shared her baby bump with fans - revealing she and her husband Matt were expecting.
Fox Corp. is planning a major building overhaul and expansion of its Century City lot including nine new soundstages as well as a media campus, office space and focus on related transportation infrastructure.
A difficult conversation. Raquel Leviss suffered from a panic attack while addressing her split from James Kennedy — and the subsequent aftermath — during season 10 of Vanderpump Rules.
Patrick Frater Asia Bureau Chief Hong Kong-based indie sales agent Good Move Media has added Japanese music drama “Plastic” to its FilMart slate. The film is directed by Miyazaki Daisuke, the Japanese helmer behind “Yamato (California),” which had festival play in 2016, and 2019 slacker youth title “Tourism” in 2019. The new picture is the story of teenagers Juna and Ibuki, who set out to find the psychedelic rock band Exne Kedy. Exne Kedy is a fictional creation from musician Ide Kensuke, who previously released punky album “Kensuke Ide With His Mothership — Contact From Exne Kedy and the Poltergeists,” but the band is actually credited as performing and providing part of the music track in the film. “Plastic” is recently completed and headed for a theatrical release in Japan in July.
it had approximately $487 million held by Silicon Valley Bank. The company said that the number represents approximately 26% of its cash and cash equivalents, and the company will be able meet its pending financial obligations for at least “the next 12 months and beyond.”The Santa Clara-based Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, marking a major ending to what had for decades been one of the pillars of financing in the tech industry economy.The bank first made headlines Wednesday after it notified investors that it needed to raise just over $2 billion to offset $1.8 billion in losses it incurred from investments in mortgage-backed securities, which were devalued thanks to the Fed’s decision to raise interest rates.The next day, dozens of SVB’s venture capital clients — urged on by a venture capital fund founded by billionaire Peter Thiel and others — started pulling their assets from the bank, which one investor previously described as “a hysteria-induced bank run.”The customers withdrew $42 billion by the end of Thursday, according to California regulatory filings, and as a result the bank was left with a negative cash balance of $958 million.
Cynthia Littleton Business Editor The federal government has stepped up efforts to contain the damage of the collapse of Silicon Valley Bank by assuring that all depositors to the bank will have access to all of their money as of March 13. The Treasury Department, Federal Reservce and FDIC put out a joint statement on Sunday to assure markets that all SVB depositors will be protected from losses as the bank faces an exodus of customers. The statement also reinforced that the government’s safety net does not extended to SVB shareholders, senior managers or “certain unsecured debtholders.” “No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer,” the statement ready. “After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13.”
Anyone missing their Sunday sermon this morning in Austin, TX, completely heard it in full from the 52nd former Speaker of the House who made a pitstop here at SXSW for The Atlantic session “The Future of Global Democracy”. Nancy Pelosi canvassed several topics impacting the nation’s democracy and welfare including the collapse of Silicon Valley Bank in her San Francisco backyard, Fox News’ Tucker Carlson, Republicans who prop political violence — and that was just in the first 20 minutes of her hour-long session.
Todd Spangler NY Digital Editor In the wake of the sudden collapse of Silicon Valley Bank, Wrapbook, a company that provides payroll services for TV and film productions, said payments submitted through its platform will be subject to delays. In messages to clients Friday, Wrapbook said payroll-processing delays caused by the failure of SVB — which came after a historic run on the bank’s deposits — may continue into next week. The shutdown of SVB “will cause payroll to be delayed today, March 10th 2023, and impact the processing of uncashed checks,” Wrapbook said in a statement. The company said it is working to resume payroll processing with SVB while at the same time seeking to process payroll payments with another banking partner.
documents filed Friday, Roku disclosed that it had approximately $487 million held by Silicon Valley Bank, the Northern California financial powerhouse that failed this week, sending shockwaves throughout the region’s economy.That number, Roku says, represents approximately 26% of its cash and cash equivalents, and the company will be able meet its pending financial obligations for at least “the next 12 months and beyond.”Santa Clara-based Silicon Valley Bank was closed on Friday by the California Department of Financial Protection and Innovation, a spectacular and rapid end to what had for decades been one of the pillars of financing in the white hot tech industry economy.It’s a complex and still developing story but what is known is that on Wednesday, the bank told investors it needed to raise just over $2 billion to offset $1.8 billion in losses it incurred from investments in mortgage backed securities, which were devalued thanks to the Fed’s decision to raise interest rates.Despite the somewhat routine nature of the announcement, the next day, in what one investor described as “This was a hysteria-induced bank run,” dozens of SVB’s venture capital clients — urged on by billionaire Peter Thiel — attempted to pull their assets from the bank.More to come…
Todd Spangler NY Digital Editor About one-fourth of Roku’s cash and equivalents — nearly half a billion dollars — has been held in Silicon Valley Bank (SVB), which was shut down by financial regulators Friday after it collapsed. And the streaming platform company said it’s unsure the extent to which it will be able to recover that cash. SVB, after it faced a run on deposits and failed to raise capital to make up the shortfall, was closed by the California Department of Financial Protection and Innovation, which appointed the FDIC as receiver of its assets. Roku disclosed in an SEC filing that about $487 million of its $1.9 billion in cash and equivalents is held at SVB, or about 26% of the company’s cash and cash equivalents balance as of March 10. The remaining $1.4 billion is “distributed across multiple large financial institutions,” Roku said in the filing.
Bam Margera has found himself in more trouble.