Ryan Gellert became Patagonia’s CEO in 2020 and helped transition the company to donate its $100 million yearly earnings to fight climate change.
The news comes after First Republic’s stock has been pummeled in recent days, sparked by the collapse of Silicon Valley Bank and Signature Bank.
Payment processor Stripe raised $6.5 billion, largely to provide liquidity to current and former employees, but at a sharply discounted $50 billion valuation.
Prosecutors accused Guo Wengui, an associate of former Trump White House advisor Steve Bannon, of a large conspiracy that duped his online followers.
Pfizer CEO Albert Bourla said it will deliver Seagen’s cancer therapy to the world at a scale that hasn’t been seen before with its $43 billion acquisition.
Saudi state-controlled Aramco achieved a record profit last year, boosted by higher energy prices and firmer sale volumes.
The U.S. cryptocurrency firm Circle’s USD Coin lost its dollar peg and fell to a record low Saturday morning.
A number of issues are weighing on cryptocurrency markets including a sell-off in U.S. stocks and issues at Silicon Valley Bank. Bitcoin fell below $20,000.
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