Business

The government is “working to recognise the anxiety” of businesses caught up in the collapse of the the UK arm of Silicon Valley Bank, the prime minister has said. Speaking to reporters during an official trip to the US, Rishi Sunak said the government has been “working through over the weekend” to respond to the

Tonight’s performance of Parade, the Broadway musical revival starring Ben Platt as Leo Frank and Micaela Diamond as wife Lucille Frank, was canceled 20 minutes after the scheduled 8 p.m. curtain due to what an announcement said was technical difficulties involving video projections. The Saturday evening performance was one of several in which critics were

The collapse of the UK branch of Silicon Valley Bank (SVB) is being mitigated by the Treasury and Bank of England, according to the Treasury. US regulators shut down the country’s 16th largest bank, in the biggest collapse of a financial institution since the 2008 financial crisis. SVB had failed after depositors – mostly technology

Disney Advertising has sold all inventory for Sunday night’s Oscar telecast on ABC, but with pricing slightly down from 2022 levels. The company sought between $1.6 million and $2.1 million for 30 seconds of airtime, which is down by a low-single-digit percentage from last year’s range, according to a person familiar with the negotiations. For

A new clearing bank which launched just two years ago is among the suitors this weekend weighing bids to salvage the British arm of Silicon Valley Bank (SVB). Sky News has learnt that The Bank of London (TBOL), which recently raised funds at a valuation of over $1bn, is considering making an offer for SVB

The biggest bank failure since the financial crisis more than 15 years ago has hit streaming giant Roku. In an SEC filing Friday, the company disclosed that 26% of its cash was held at Silicon Valley Bank, and the funds were “largely uninsured.” The 16th largest bank in the U.S., with more than $200 billion

US regulators have shut down the country’s 16th largest bank, in the biggest collapse of a financial institution since the 2008 financial crisis. Silicon Valley Bank failed after depositors – mostly technology workers and venture capital-backed companies – began withdrawing their money, creating a run on the bank. The US Federal Deposit Insurance Corporation (FDIC)

The NBCU Academy and NBC News Studios will have an open call for documentary shorts pitches on projects that highlight underrepresented communities. The program — in collaboration with IF/Then Shorts — is part of the Original Voices film fellowship that launched in 2021. Following the open call, five teams will be selected to receive a

The economy rebounded to grow by 0.3% in January, according to official figures which reaffirmed that the UK avoided recession at the end of last year. The Office for National Statistics (ONS) reported a recovery for output last month after the bigger than expected contraction of 0.5% witnessed in December, which went unrevised in the

Casting directors who came to celebrate their own at the 38th annual Artios Awards on Thursday had a message for actors who worry that making a self-tape means sending one’s work into the abyss: They do take the time to see your at-home audition. Casting Society President Destiny Lilly told Deadline that she recognizes that

Hundreds of thousands of mortgage holders could face payment difficulties by the end of June next year, according to analysis by the Financial Conduct Authority. The regulator has said that, in addition to the households already behind on payments, 356,000 mortgage borrowers could face payment difficulties by the end of June 2024. People in this

EXCLUSIVE: Gersh has signed in-demand Canadian actress Molly Parker for representation. An Emmy and Independent Spirit Award nominee, Parker is perhaps best known for her turn as House Whip Jackie Sharp in Netflix’s political drama House of Cards — a pivotal series in the history of the streamer, which ran for six seasons. She also

The biggest producer of oil and gas in the North Sea has reported that the government’s energy profits levy (EPL) has “all but wiped out our profit for the year”. Harbour Energy said it had “reduced our UK investment and staffing levels” and bolstered its aim to expand elsewhere as a result of the hit

Dominion Voting Systems and Fox offered dueling views of defamation law in their latest filings, as each side seeks a summary judgment ruling that could forestall a planned trial in April. The case has generated huge attention in recent weeks, as Dominion’s filings have revealed a trove of text messages, emails and deposition transcripts showing

The Rail, Maritime and Transport Workers’ union (RMT) has said planned strike dates on 14 train operators will go ahead, but they insist they are open to discussions with bosses. The union said the Rail Delivery Group (RDG), representing 14 train operators, invited them to discussions to settle its ongoing dispute, but on the condition

Jen Hollingsworth, a longtime entertainment executive most recently COO of Lionsgate’s Motion Picture Group, is the new chief commercial officer at Flawless, a growing firm specialized in generative AI technology for film and television. She will oversee all commercial strategy for Flawless, working with executives and content creators “to maximize scalable, positive impact” and expand

BMW, the German car manufacturer, is applying the finishing touches to plans to invest hundreds of millions of pounds into its Oxford plant, securing future production of the iconic Mini in Britain. Sky News has learnt that BMW hopes to announce its decision later in the spring, with one industry insider saying on Wednesday that

Bruce Vaughn is returning as chief creative officer to co-lead Walt Disney Imagineering with Barbara Bouza, president of the storied division.   Vaughn has a long history with Imagineering, serving for more than two decades in leadership roles including R&D, as well as co-leading the entire WDI organization as chief creative executive for nine years. He

The Rail, Maritime and Transport Workers’ union has suspended all industrial action against Network Rail following a new pay offer. Strike action was due to take place from 2am on 16 March until 01.59am on 17 March. A ban on accepting overtime – which can be disruptive for maintenance works – had been due to

Endeavor Group Holdings CEO Ari Emanuel’s longstanding ties with Elon Musk led to the company investing a “small amount” in Twitter, a source has confirmed to Deadline. Axios broke the news of the investment earlier Tuesday, noting that Endeavor is the first public company to be identified as an investor in Twitter. Musk took the