Bloomberg Business

Amid resurgent banking angst, rattled stock markets may have to live without a key source of buying power.

BYD Co. is China’s best-selling car brand for the first time, dethroning Volkswagen AG as it continues its meteoric rise.

Chipotle Mexican Grill Inc.’s first-quarter sales and profit surpassed estimates on higher prices and lower avocado costs — the latest proof that companies’ higher prices are sticking as consumers pay up. The shares rose in late trading.

Binance.US terminated an agreement to purchase the bankrupt crypto broker Voyager Digital Holdings Ltd., less than a week after federal regulators dropped their efforts to halt the deal in court.

The Federal Reserve said its internal review of the supervision and regulation of failed lender Silicon Valley Bank will be released on Friday at 11 a.m. New York time.

US stocks dropped the most in two months and Treasury yields retreated after First Republic Bank’s disappointing earnings and potential assets sale rekindled worries that the banking crisis has not run its course.

A New York lawyer admitted in court that he illegally helped manage six luxury properties for sanctioned oligarch Viktor Vekselberg as the US continues to put pressure on those accused of helping wealthy Russians hide assets.

Binance.US, the digital-asset platform owned by crypto billionaire Changpeng “CZ” Zhao that was created to serve American clients, has a significant tech workforce in China.

Wall Street analysts covering First Republic Bank have turned the most bearish on the lender since its initial public offering more than a decade ago as a plunge in deposits led to a fresh wave of downgrades and sent shares sliding to a record low.