Business

On Sunday, the Treasury Department, Federal Reserve and the FDIC said the government would back Silicon Valley Bank deposits beyond the federally insured ceiling of $250,000.

Kraft Heinz announced Tuesday that school administrators will be able to buy Lunchables ahead of the 2023-24 school year.

The big-three rating firm cut comes despite regulators’ efforts to shore up the industry.

The layoffs, done in January, represented only about 1.4% of the bank’s 8,500 employees.

In an SEC filing announcing the cuts, the company also said it anticipated lowered total expenses in 2023, from $86 billion to $92 billion.

Rite Aid pharmacists were accused of ignoring obvious signs of misuse, including in prescriptions for “trinities,” a combination of opioids, benzodiazepine and muscle relaxants preferred by drug abusers for their increased euphoric effect.

Prices rose 0.4% last month from January, slightly lower than the prior monthly increase, as investors assess how the Fed may respond to the twin challenges of inflation and unrest in the banking sector when it meets next week.

NBC News is tracking monthly inflation levels for gas, flights, groceries and more.

The plaintiff accused the chicken chain of engaging in “false and deceptive marketing and advertising” by listing it on the menu that way.

Startup CEOs and other Silicon Valley Bank account holders raced to find ways to maintain cash flow even as some of their federally backstopped funds remained inaccessible late Monday.

The GOP was traditionally aligned with business, but an ascendant populist wing is more concerned with punishing businesses that espouse disfavored ideas.