Ken Martin, Fox Business

Ken Martin

Fox Business

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Past articles by Ken:

Discussions held to protect deposits if more banks fail: report

The Federal Reserve and FDIC have reportedly discussed creating a fund to protect deposits if more banks come under financial distress. → Read More

Crypto firm Circle has $3.3B exposure to Silicon Valley Bank

The cryptocurrency firm Circle says that $3.3 billion of its $40 billion USD Coin reserves are held by Silicon Valley Bank, a lender that was shutdown on Friday. → Read More

Company veteran presided over collapse of Silicon Valley Bank

Greg Becker is a 30-year veteran of Silicon Valley Bank who started as a loan officer and later became president and CEO of SVB Financial Group in 2011. → Read More

New US solar installations a miss in 2022, but production expected to fuel surge

Solar installation fell in 2022, largely due to the limited availability of panels caused by a ban on some Chinese goods. → Read More

Adidas to slash dividend after Kanye West split

Adidas is slashing its dividend as the company deals with fallout from ending its partnership with Kanye West. → Read More

WeWork shares rise as company holds talks to restructure debt

WeWork, the workplace rental company is reportedly in talks with Yardi Systems to restructure debt. → Read More

Buffett's Berkshire stocks up on more Occidental Petroleum shares

Warren Buffett's Berkshire Hathaway now owns 200.2 million shares in Occidental Petroleum following the latest $355 million investment. → Read More

Nordstrom leaving Canada, cutting 2,500 jobs

Nordstrom announced it is shutting down operations in Canada, closing 13 stores and cutting 2,500 jobs. → Read More

Ford applies for patent that allows cars to self-repossess

Ford has reportedly filed for a patent on technology that could lead to cars remotely repossess due to non-payment. → Read More

Caterpillar workers reach contract deal at deadline, averting possible strike

Caterpillar's union workers have reached a tentative agreement on a new contract that covers four company facilities. The deal will likely avert a strike. → Read More

IMF against making crypto legal tender, issues action plan

The International Monetary Fund has made recommendations on how countries should handle crypto assets. → Read More

Bank of America totaled $1.2 billion in penalties, settlements in 2022

Bank of America recorded $1.2 billion in fines, settlements and expenses in 2022, topping the costs paid the previous two years. → Read More

Norfolk Southern becomes third railroad to offer paid sick time

Norfolk Southern became the third railroad on Wednesday to make sick time available to workers, an issue in the last contract negotiations. → Read More

Citigroup sees a 'less hard' landing for global economy

Citigroup raised its forecast for global growth slightly to 2.2% for 2023 and expects the Fed to hike interest rates three times. → Read More

Musk's $55B pay package continues to be scrutinized in court

Attorneys argued on Tuesday that Elon Musk's 2018 pay package worth a potential $55 billion should be invalidated. → Read More

Markets and the Presidents Day holiday

After the market volatility of the past week, traders and investors will pause to recognize the Presidents Day holiday. → Read More

Flight disruptions at JFK to stretch to a third day

Limited operations are expected to resume on Saturday at JFK Airport's Terminal 1 which serves international flights. → Read More

Goldman Sachs expects 3 more Fed rate hikes this year

The latest inflation data has Goldman Sachs expecting three more interest rate hikes from the Federal Reserve of 25 basis points each this year. → Read More

Electrical outage at JFK Airport leaves passengers stranded

An electrical problem caused by a fire at JFK Airport has shut Terminal 1 which affects incoming and outgoing international flights. → Read More

McDonald's' new plant-based menu item: non-chicken McNuggets

McDonald's is adding McPlant Nuggets to its offerings of plant-based items on their fast food menu. → Read More