Silicon Valley Bank collapsed this week, sending shockwaves through the financial world.

A judge in Texas heard arguments in a lawsuit against a widely-used abortion medication. The Alliance for Hippocratic Medicine filed the suit to overturn the FDA's approval of pills that account for more than half of abortions in the U.S.

The Biden administration approved a drilling project in Alaska's National Petroleum Reserve that would supposedly produce 180,000 barrels of oil a day. Environmental activists said this approval would violate the president's climate goals.

Also this week, the Biden administration is demanding that the Chinese-owned social media app TikTok be sold. Otherwise, it risks a nationwide ban.

And Mexican President Andrés Manuel López Obrador said this week that his country is safer than the U.S. This was his response to critics after four Americans were attacked by cartel gunmen, leaving two dead.

We cover all this and more during the News Roundup.

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