Elissaar has more on what could happen next, alyssa. Thats right. Well, officials were looking for a buyer and we were expecting to hear an announcement sometime today, but at this time, we are still waiting to learn the fate of First Republic bank. The feds were expected to take over First Republic sometime this weekend. I spoke with an economist about what another bank failure could mean for the banking industry. First there was the failure of Silicon Valley bank, then Signature Bank and now another one is on the chopping block. First Republic Bank headquartered in San Francisco, depositors pulled out more than 100 billion last quarter. First Republic Bank has been hurt, just like Silicon Valley bank, hurt by an enormous run on their deposits. Jim wilcox, you see, high school of business professor and economist, explained how this run on the bank can lead to failure. Theyve had to replace these deposit. That they have been paying very low Interest Rates on and still would be with ver
Debate of the year. Good evening. Amma is on assignmen assignment. Things got heated as the battle over National Security was front and center. The brandi hit is there. Donald you know is great at the one liners. But hes a chaos candidate. And he would be a chaos president. Reporter in the fifth face off it was a no hold bar battle over National Security. With donald trump proposal to ban muslim front and center. We are in the talking about religion. We are talking about security. Our country is out of control. If we are going to ban all muslims how do we get them to be part of a Company Litigation to destroy isis. Reporter rubio also under attack on several fronts over whether Data Collection and surveillance needs to be ramp up to track terrorist. Thats where we lost the meta data program that we lost this tool. Mark 0knows what he is saying isnt true. Marco gets it wrong. E the weakest of all the candidate on immigration. Reporter argument that clearly got under governor christy sce
Big shells in this area, if you can see the river youll see the fireworks from wherever you are in the region. The bad news is. All the skating parties here are sold out. Can you watch from penns landing. If you go across from the battleship new jersey just give a 10 donation and what you need to bring is blankets and hand warmers and anything to keep you warm. Reporting live Annie Mccormick channel 6 action news. We are digging that hat by the way a live look at sky 6 hd, the ben franklin bridge the burst of color wont be battling any clouds tonight but if you are outside youll want to brace for the bitter cold and dress for it as she has. Lets go outside for meteorologist, cecily tynan with a first look at the forecast, hello cecily. You want to buntdle up if you are heading out Mother Nature is cooperating as far as sky conditions, visibility is great tonight and its quite cold and getting colder. The temperature is 32 degrees and millville 31 and wilmington 32 and allentown reading
Eye on the storm is a real headache. A live look at the condition oil 76 near the Spring Garden overpass. The plow trucks are out in force this morning trying to keep those roads safe for drivers. Please, give them their room to get their work done. Good morning everyone. We have live team three coverage. First we check in with kate bilo tracking the storm. Yes, we are tracking a mess, all depends on where you are. Seeing a little bit of everything this morning, kind of my owe political tan style storm scan3 with a lot of colors, purpose epp, snow, the pink freezing rain, the green, rain. Portions every illinois all the way newspaper new england heavy rain North Carolina we are right in the middle. On any other day this could be a run of the mill rainmaker or run of the mill even light snow maker but unfortunately temperatures in our area are right on that borderline, straddling the freezing mark, when you get those kind of temperatures, you get the threat for ice. Of course, most peop
Investigation this morning. A train involved in the crash findly made it to the amtrak station in oakland very early the morning. Kpix 5s ryan takeo is live there with more. Good morning. Reporter hi frank. Passengers say about 40 maybe 50 passengers got off here at the Jack London Square station just a couple of hours ago. Just about 3 30. It was supposed to be here at about 10 00 last night. The three mile stretch from the collision site to here. Its supposed to take a matter of minutes. Instead it took hours as police investigated. Heres video from the scene. It happened just after 10 00 last night on 50th street. Thats where it started. But in oakland fire battalion chief says the amtrak train dragged the suv seven blocks before it stopped at high street. The driver of the suv died and no one on the train was injured. It was coming from l. A. And heading towards seattle and it was just about three miles from the oakland station. The passengers waited for five hours as investigators