Business

Business

Oil giant Saudi Aramco announces record profit of $161B in 2022

[ad_1] Hightower Resource Advisors CEO Tracy Shuchart provides insight on the stock market and the influence of China on ‘Making Money.’ Global oil giant Saudi Aramco announced Sunday it earned a record-high profit of $161.1 billion during 2022, attributing its massive jump in earrings to higher crude oil prices. Officially …

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Silicon Valley Bank exec was Lehman Brothers CFO prior to 2008 collapse

[ad_1] Silicon Valley Bank customers were seen outside a Menlo Park, California location, Friday, after the Federal Deposit Insurance Corporation seized its assets. (Cointelegraph) Silicon Valley Bank (SVB) executive, Jospeph Gentile, was a former executive of the Lehman Brothers’ Global Investment Bank prior to the bank’s public collapse in 2008. …

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