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I've never understood larger companies (several million in revenue a year at least) that put everything in a single bank. I work for a small municipality and we've got bank accounts out the wazoo.

Sweep is one of two things, the account is emptied out overnight into a treasury account to earn interest at a higher rate and then put back first thing in the morning. Not usually available to us peons, but for some reason one of my credit unions offers this on an account I have there. Or it is for sales transactions: Think a retail shop that takes in daily sales. It fills up to a specific amount, and then anything excess is swept into other accounts. This is common in chain stores, so each store has an account but the profits get funneled off to Corporate.

It's for people who buy an REI subscription, puffy jacket, and leave their ski rack on the roof of their FWD CVT Pathfinder year-round, even though they only "go to the cabin" twice a year. Oversized, front-wheel drive luxury coupes can be "lifestyle vehicles" too. China's economy is in deep doo doo and could potentially exacerbate the emerging banking crisis here. There is the potential even that inaction here could push China over a cliff and create a causality loop.

My company is publicly traded, looks like they had a small percentage of their cash reserves in SVB, and some 'sweep' accounts (not quite sure what that entails). But they have their investments diversified across several banks is my understanding.

What's funny is that I can fit my skis transversely in the trunk of my Toronado. Those look like some old-style long jump skis in the ad.

I’ve been watching this closely. My employer (Alkami Technology) is on that list linked above. My CEO sent a Slack announcement about it and that it would not affect payroll (got paid on the 15th). Strange days in tech right now.

There is a huge, Grand Canyon sized divide, between marketing to people who think they want a "lifestyle vehicle" and people who actually do that stuff. Most of these lifestyle vehicles are marketed to suburban and city dwellers who's biggest lifestyle outdoors is walking a groomed rail-trail for a mile or two on Saturdays with their $10 coffee in hand before going to brunch at 10:30 downtown. They don't need a Land Rover Defender to do that, but Land Rover markets to them that they do. It is a vanity purchase, nothing more.

Let me add a couple as well: Skiiers who leave their ski ticket tags on their jacket for years on end. Most of these guys go skiing twice a year, maybe. Have a minimum of 10 tickets on their jacket zipper. Their oldest tag dating back at least 8 years. Bicycle bikers biking with the most expensive bicycle money can buy, biking with full biker regalia with aerodynamic helmets and skin tight lycra pants and 2-3-4 water bottles stuck on their 15 000 dollar bike, biking in the middle of the road, dont matter if its a grand boulevard or a one lane suburban road refusing to bike on the side to let car traffic go through all in the while peddling so phoquing slow that a 5 year old on his Huffy with training wheels could pass him/her.

Not in any appreciable numbers. About the same number as those who buy a new 4-Runner to off-road or camp in and actually do it. The truck could be a useful parts delivery vehicle or a campus landscaping vehicle. I don't see it as anything close to a mass market machine. The people who want vanity off-roaders will buy something that looks more capable of going off-road even if they never actually do it.

A hotel shuttle curiosity at best. It's about as "lifestyle vehicle" as a Chevy Lumina APV with about 1/4 of the personality.