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People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Three years ago, JPMorgan Chase executive Doug Petno was at a New York City party celebrating a colleague’s retirement when his boss, Jamie Dimon, called Petno over. It was March […]
Wine makers are pulling the cork on California. Another giant in the world-famous wine growing region is shutting down and slashing staff, making it the fourth since the start of 2026. Jackson Family wines has stopped production at its Carneros Hill facility in Sonoma’s Carneros region, laying off more than a dozen employees, according to […]
A man from Sun Valley, Nevada, has been given a custodial sentence for embezzling three-quarters of a million dollars from casino locations where he was employed. Thomas Tonar, 61, worked for Nevada’s Dotty’s Casino locations throughout the state, and as part of a joint police effort, was arrested while on the run with the ill-gotten […]
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]
C. Richard Kramlich, an early investor in Silicon Valley who co-founded the investment giant New Enterprise Associates, helping to fuel the booming tech industry, died on Saturday at his home in San Francisco. He was 89. His death was announced by New Enterprise Associates. Mr. Kramlich (pronounced CRAM-lick), whose career spanned more than five decades, […]
U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024. Cheney Orr | Reuters President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a […]
