Shutdowns (Institutional) – Page 32

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.

By Carl Hulse

Bed Bath & Beyond Inc Harmon Stores Inc Labor and Jobs Layoffs and Job Reductions Shopping and Retail Shutdowns (Institutional)

The Chaotic, Dispiriting Work of Liquidating Harmon Stores

Employees of the beauty and health chain said Bed Bath & Beyond’s decision to shut it down had caught them by surprise. Communication never got better.

By Jordyn Holman

Banking and Financial Institutions Credit and Debt Federal Deposit Insurance Corp Mauskopf, Sara Shutdowns (Institutional) Silicon Valley Bank Start-ups Venture Capital Wages and Salaries Winnie (Org)

48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure

The collapse of Silicon Valley Bank set major financial disruptions in motion. It also made one founder’s week a scramble.

By Emma Goldberg

Banking and Financial Institutions Federal Reserve System Powell, Jerome H Quarles, Randal K Regulation and Deregulation of Industry Shutdowns (Institutional) Signature Bank Silicon Valley Bank United States Politics and Government

Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue

Federal government officials wanted a joint statement to include a reference to regulatory shortcomings that they believe helped lead to the bank’s demise.

By Jim Tankersley Jeanna Smialek and Emily Flitter