First Republic Bank Taps Lazard for Help With Review of Strategic Options 

The California bank seeks to regain its footing after the failure of two other lenders caused its depositors to flee.

Silicon Valley Bank's Former Parent Says FDIC Seized About $2 Billion of Its Cash 

The Federal Deposit Insurance Corp. says the former parent, SVB Financial, might have to shoulder costs related to the bank failure.

GameStop Shares Surge After It Posts Surprise Profit 

The videogame retailer recorded its first quarterly profit in two years.

Nike Sales Jump as It Works Through Inventory Glut 

Profit at the sneaker maker fell 11% as it relied on higher markdowns.

TikTok CEO Shou Zi Chew Promises Firewall to Shield User Data 

In his prepared remarks to Congress, the CEO will say that TikTok 'will not be manipulated by any government.'

UBS to Buy Back Some of Its Own Bail-In Notes 

UBS is launching a tender for senior bail-in notes worth EUR2.75 billion in aggregate that were issued last week, just before its agreement to take over Credit Suisse.

Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress 

The acquisition at four times Monday's closing stock price for the rival carrier will boost Knight-Swift's fleet to about 25,000 trucks.

As Ford Carves Out Its EV Unit, Reporting by Region Gets Ditched 

The auto maker's reorganization aims to provide greater insights into the fast-growing electric-vehicle division and its ambitious goals

Fox News, Dominion Spar in Court Ahead of Defamation Trial 

Both sides asked a Delaware judge to give them a win without the case going to a jury.

Tesla Price Cuts Show There's a Method to Musk's Madness 

The electric-vehicle maker's annual growth in EU registrations of nearly 50% outstripped that of industry peers such as Volkswagen.


(END) Dow Jones Newswires

March 22, 2023 05:15 ET (09:15 GMT)

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