Jimmy Kimmel jokes about slapping and features celebrity ‘crisis team’ in Oscars monologue

CNN — Oscars host Jimmy Kimmel kicked off the show by introducing some unofficial members of the ceremony’s “crisis team” to avoid any unexpected outbursts – and the crew included The Mandalorian, a Spider-Man and Steven Spielberg. Kimmel nodded at Will Smith slapping Chris Rock throughout his opening monologue, joking that if anyone in the … Read more

Chinese companies and tycoons rush to calm investors after SVB collapse sparks anxiety

hong kong CNN — The collapse of Silicon Valley Bank (SVB), which courted Chinese start-ups, has sparked widespread concern in China, where a series of founders and companies have rushed to appease investors claiming their exposure is insignificant or non-existent. SVB, which worked with nearly half of all venture capital-backed tech and healthcare companies in … Read more

Biden vows to hold those responsible for Silicon Valley Bank’s failure ‘fully accountable’

Washington CNN — President Joe Biden said Sunday that, under his leadership, US Treasury Secretary Janet Yellen and her top economic adviser Lael Brainard worked with financial regulators to ensure that households and businesses affected by the Silicon Valley Bank failures and Signature Bank can access their deposits, and he promised to hold officials accountable. … Read more