Posts in tag

Accidents/Man-made Disasters


Credit Suisse Group AG A fire sale of stocks by a large U.S. investor burned Credit Suisse and Nomura Holdings Inc. The global investment banks said Monday that they could incur substantial losses after Bill Hwang’s firm Archegos Capital Management and its banks began liquidating huge positions in blue-chip companies. Large banks served as prime …

More than a dozen Google services, including Gmail and YouTube, were offline in swaths of the globe Monday morning, interrupting access for individuals and businesses. The Alphabet Inc. GOOG -0.24% -owned company’s services showed errors for users attempting to sign in, access their emails or files, according to social-media postings from users. On YouTube, the …