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WATCH: Senate panel holds hearing on recent bank failures and the federal response

By Christopher Rugaber, Associated Press

The Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but its managers failed to take the steps necessary…

Louvre staff block entrances as part of France's pension change protest

By Associated Press

The Louvre Museum in Paris has been closed to the public because its workers took part in the wave of French protest strikes against the government's unpopular pension reform plans.

Train derails in rural North Dakota and spills chemical

By Associated Press

A Canadian Pacific train derailed in rural North Dakota Sunday night and spilled hazardous materials. But local authorities and the railroad said there is no threat to public safety.

First Citizens strikes deal to acquire troubled Silicon Valley Bank

By Associated Press

While more than half of Silicon Valley’s assets will remain in U.S. receivership, the First Citizens deal announced late Sunday, at least initially, seemed to achieve what regulators have sought: a shoring up of trust in U.S. regional banks.

Michigan becomes 1st state in decades to repeal 'right-to-work' law

By Joey Cappelletti, Associated Press

Michigan Gov. Gretchen Whitmer has signed legislation to repeal the state's decade-old "right-to-work" law, which was passed by a Republican-controlled Legislature.

France bans TikTok, Twitter from government staff phones amid security concerns

By Associated Press

The move Friday follows similar restrictions on TikTok in democratic countries amid fears about the popular video-sharing app's Chinese connections.

Shares of Germany's largest lender Deutsche Bank fall amid global jitters over banks

By David McHugh, Associated Press

Shares in Deutsche Bank, Germany's largest lender, have fallen sharply and dragged down major European banks as fears about the global financial system send fresh shudders through the market.

1 million march in France, unions call for more pension protests during King Charles III visit

By Sylvie Corbet, Alex Turnbull, Associated Press

The announcement follows record turnout in Thursday's protest march in Paris against President Emmanuel Macron's unpopular bill to increase the retirement age from 62 to 64.

Ford's electric vehicle unit losing billions, as company invests in new technology

By Tom Krisher, Associated Press

Chief Financial Officer John Lawler said Model e should be viewed as a startup company within Ford.

WATCH: TikTok CEO grilled by skeptical lawmakers on safety, content

By Kelvin Chan, Haleluya Hadero, Farnoush Amiri, Associated Press

U.S. lawmakers grilled the CEO of TikTok over data security and harmful content Thursday, responding skeptically during a tense committee hearing to his assurances that the hugely popular video-sharing app prioritizes user safety and should not be banned.