From winemakers in California to startups across the Atlantic Ocean, companies are scrambling in the wake of Silicon Valley Bank’s failure.
NEW YORK — It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
From winemakers in California to startups across the Atlantic Ocean, companies are scrambling to figure out how to manage their finances after their bank suddenly shut down Friday. The meltdown means distress not only for businesses but also for all their workers whose paychecks may get tied up in the chaos.
California Gov. Gavin Newsom said Saturday that he’s talking with the White House to
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