What Caused the Collapse of Silicon Valley Bank?

Fire Erupts At Major Australian Refinery, Amplifying Fuel Shock As "Green" Killed Refining Buffer Australia's failed "green" domestic energy policies had already sparked a fuel-supply shock shortly after the U.S.-Iran conflict disrupted tankers at the Hormuz chokepoint. Now, a fire has broken out at the larger of Australia's two remaining oil refineries, adding even more fuel supply woes.  Victoria state fire authorities said the blaze erupted at Viva Energy's 120,000-barrel-per-day Geelong refinery, one of only two operating oil refineries left in Australia. The refinery accounts for roughly...

Pricing Doritos At $7 A Bag Cost Pepsi "Billions" In Revenue Turns out there's a price point for everything where consumers just stop paying. Guess that whole "price as a rationing mechanism" talk means something after all... Just ask Pepsi. The iconic brand had recognized for some time that its Frito-Lay snack prices were becoming too expensive, with major retailers like Walmart repeatedly raising concerns, according to Bloomberg. Even so, prices remained high as sales declined, with some chip bags climbing past $7. Popular products such as Doritos saw sharp increases, jumping...

Oil prices hovered around $90 per barrel: "Seven nations are scheduled to meet Tuesday to discuss a possible joint release of stockpiles to help ease the supply disruption."