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News Articles: Morgan Stanley

A customer stands outside of the shuttered Silicon Valley Bank headquarters in Santa Clara, Calif., on March 10, 2023. The lender was taken over federal regulators on Friday, marking one of the largest bank failures since the 2008 Global Financial Crisis.

A Silicon Valley lender collapsed after a run on the bank. Here's what to know

Silicon Valley Bank was taken over by federal regulators on Friday, capping a spectacular collapse after the lender suffered a run on deposits.

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By:
  • David Gura
Tesla and SpaceX CEO Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he's trying to negotiate an agreement with the company.

Twitter in talks with Musk over bid to buy platform, according to reports

The Tesla CEO says that the money to buy Twitter would come from Morgan Stanley and other banks, some of it secured by his huge stake in the electric car maker.

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By:
  • The Associated Press
A woman walks past a display showing currency exchange rates of the U.S. dollar and the euro against the Russian ruble in Moscow on Feb. 22. Russia owes over $100 million in interest payments for two bonds on Wednesday as fears grow that the country will default on its debt.

Fears are growing that Russia will default on its debt. Here's what you need to know

Russia owes interest payments on two dollar-denominated bonds on Wednesday. If it doesn't pay, the country could go into default.

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By:
  • David Gura
David Shadaha, who operates a cart called King of Falafel & Shawarma, takes an order from a customer in Midtown Manhattan, N.Y. Shadaha is back selling food after taking a job as a GrubHub deliveryman during the pandemic.

Wall Street Bosses Want Their Workers Back. That's Good For The King Of Falafel

Wall Street executives are pushing vaccinated workers to return to work, and that's good news for vendors and other small businesses in New York that depend on workers from finance.

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By:
  • David Gura