Did remote work doom SVB, March Madness money, and why the plastic water bottle industry is booming

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Ellevest CEO & Co-Founder Sallie Krawcheck tells “Nightcap’s” Clare Duffy why remote work at SVB probably wasn’t a top reason the bank collapsed. Plus, UNC Chapel Hill Associate Professor Jonathan Jensen explains why footwear companies like Nike & Adidas spend big bucks to court universities and college athletes. And plastic water bottle sales are projected to double by 2030. The National Wildlife Federation’s Mustafa Santiago Ali shares a reality check on recycling. To get the day’s business headlines sent directly to your inbox, sign up for the Nightcap newsletter: https://cnn.it/3Ilqyqa

00:00 - Welcome to "Nightcap"
00:37 - Did remote work contribute to SVB's collapse?
05:06 - The money behind March Madness
08:51 - The plastic water bottle industry is booming