Silicon Valley Bank crisis: Feds move in to help

In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money.

General Motors offers buyouts for U.S. employees and executives

General Motors is offering salaried employees a voluntary buyout as it seeks to reduce costs by $2 billion over the next two years. "Taking this step now will help avoid the potential for involuntary actions," a company letter said.