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By Josh Horwitz SHANGHAI (Reuters) – China is ramping up efforts to develop home-grown semiconductor talent as it seeks to rapidly fill a shortage of expertise that has been made worse by U.S. efforts to limit Beijing’s access to advanced chip technology.     Enrolments for undergraduate and post-graduate courses have surged over the past five years thanks to new funds for top universities as well as a boom in smaller […]

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -A top U.S. regulator told a Senate panel on Tuesday that Silicon Valley Bank did a “terrible” job of managing risk before its collapse, fending off criticism from lawmakers who blamed bank watchdogs for missing warning signs. In the first congressional hearing into the sudden collapse of two U.S. regional lenders and the ensuing chaos in markets, both Democratic and Republican lawmakers […]

WASHINGTON (Reuters) – U.S. President Joe Biden said on Tuesday he hoped Israeli Prime Minister Benjamin Netanyahu would jettison the judicial reform law that has sparked protests in Israel and a political crisis for its government. “I hope he walks away from it,” Biden told reporters at the White House. (Reporting by Jeff Mason; Editing by Chris Reese) Brought to you by www.srnnews.com

By Caroline Valetkevitch (Reuters) – U.S. stocks ended slightly lower on Tuesday as investors weighed comments from a top U.S. regulator on struggling banks and sold shares of technology-related names after their recent strong run. Michael Barr, the Federal Reserve’s top banking regulator, told a Senate panel that Silicon Valley Bank did a “terrible” job of managing risk before its collapse. Shares of Apple and Microsoft along with other technology-related […]

By Andrea Shalal DURHAM, North Carolina (Reuters) -President Joe Biden on Tuesday condemned a “sick” epidemic of gun violence against children, one day after a school shooting left three students and three adult staff members dead in Nashville, where he plans a visit. “I never thought when I started my public life that guns would be the number one killer of children in America,” Biden told an audience in North […]