Glassdoor announced the winners of its 10th annual Employees' Choice Awards, honoring the Best Places to Work in 2018. Winners are determined entirely on feedback provided by the employees. Robert Hohman, CEO of Glassdoor, breaks down the the companies that topped this year's list.
Facebook grabbed the number one spot for the third time. Hohman explains what is it about Facebook's culture that puts it in the top spot once again.
Although there were plenty of familiar faces that reappeared on the list, 40 newcomers found their way onto it this year, including Blizzard Entertainment and Adidas. Only Bain & Company, Google, and Apple made the list for the 10th consecutive year.
Depositors withdrew savings, and investors broadly sold off bank shares as the federal government raced to reassure Americans that the banking system is secure following two bank failures.
Pfizer has entered a $43 billion merger agreement with biotechnology firm Seagen in a deal designed to bolster the pharmaceutical giant's efforts to fight cancer
The second-largest stablecoin — a cryptocurrency that is pegged to a fiat currency — USCD depegged from the dollar, hitting an all-time low of around 88 cents over the weekend.
The Treasury Department, Federal Reserve, and Federal Deposit Insurance Corporation said all depositors at the failed Silicon Valley Bank could access all their money quickly, even as another major bank was shut down.
The Treasury Secretary, who emphasized that the situation was much different from the financial crisis almost 15 years ago, said the government would help depositors who are concerned about their money.
