Business

T-Mobile will acquire Mint Mobile, partly owned by actor Ryan Reynolds, as part of a cash-and-stock deal worth as much as $1.35 billion. T-Mobile’s purchase of Ka’ena Corp. will give it access to Mint, along with Ultra Mobile and wholesaler Plum. The brands, which already use T-Mobile for their network, will be run as a separate business unit. Ryan...

The probes are looking into the stock sales that SVB executives’ conducted ahead of the tech-focused bank’s collapse.

Meta is laying off 10,000 more employees following a major round of job cuts in November.

The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.

Here’s how the failures of Silicon Valley Bank and Signature Bank and moves by U.S. regulators may affect your wallet, according to financial advisors.

Banking regulators devised a plan Sunday to shore up deposits at Silicon Valley Bank, a critical step in stemming a feared panic.

Regulators are exploring ways to restore the uninsured deposits after the U.S. suffered its largest bank failure since 2008.

Treasury Secretary Janet Yellen says U.S. government will not bail out Silicon Valley Bank

One affected Etsy seller told NBC News the deposits delay would have a “catastrophic” effect on his business.

The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one of the oldest problems in banking — a bank run — which led to its failure on Friday.

As dust begins to settle on the biggest American bank failure since 2008, members of the VC community lament the role other investors played in SVB’s demise.

The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed.

The White House threw its support behind a new bipartisan Senate bill that would give the Biden administration the power to ban TikTok in the U.S.