Bloomberg Business

Virgin Orbit Resumes Some Operations in Bid to Shake off Crisis

Virgin Orbit Holdings Inc. said it’s targeting “an incremental resumption of operations” after temporarily halting activities last week in the wake of a failed satellite launch a few months ago that threw the ambitious space program off course.

First Republic Rescue May Rely on US Backing to Reach a Deal

Wall Street leaders and US officials discussing an intervention at First Republic Bank are exploring the possibility of government backing to encourage a deal that would shore up the lender, people with knowledge of the situation said. The shares dropped Wednesday morning.

Europe Is Running Out of Doctors and Nurses, WHO Warns

Europe is in the midst of a health-worker crisis that must be addressed soon as the region grapples with an aging population and a surge in chronic illnesses, according to the World Health Organization.

Fed Caught Between Inflation and Bank Crisis

All eyes in the financial and economic world will be laser-focused Wednesday on the Federal Reserve as Chair Jerome Powell tries to balance his fight against inflation against a sudden banking crisis.

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