News from Nashville & around the world
Apple iPhone supplier Foxconn said that its semiconductor strategy is to focus on specialty chips, instead of competing in the race for cutting-edge chips. International: Top News And Analysis
Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America. International: Top News And Analysis
U.S. regulators have asked banks for their best and final offers for First Republic by Sunday afternoon. International: Top News And Analysis
Uncertainty caused by the collapse of Silicon Valley Bank this month triggered outflows and plunging share prices at peers including First Republic and PacWest. International: Top News And Analysis
Porsche will return to Super Bowl advertising for the first time since 1997 with a 60-second commercial that features the German brand’s all-electric Taycan sports car. U.S. News