against former president donald trump. an accusation he denies. what the jury has heard so far and new developments surrounding the humanitarian crisis at the border migrant shelters in texas say they re at capacity and anticipating even more people coming as the pandemic-era border policy comes to an end in just two weeks we begin this hour with breaking news from the white house, where president biden is putting a special focus today on the u.s. relationship with south korea. a short time ago, he and the first lady welcomed south korea s president to the white house for the first of several events culminating with a state dinner this evening at the white house. right now the two leaders are meeting in the oval office we re expecting to see more from that meeting i ing any minute nw an hour and a half from now, president biden will hold a news conference with south korean leader, the president will likely face some questions about the next election, one day after he form
it comes after the embattled lender revealed that it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. the bbc s samira hussain has more from new york. normally when a company s earnings for are released, executive hold a call with analysts where they take questions. but that wasn t the case for first republic bank. executives spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things have become at the regional bank. during the first quarter, it lost $102 billion in customer deposits. that s way more than half of the $176 billion it had on hand at the end of last year. after silicon valley bank and signature bank were taken over by federal regulators, wall street worried that first republic could be the next bank to go down, since it has similar clients to silicon valley bank people in the startup space. on mo
a video announcement from mr. biden could come as early as tuesday announcing his run for reelection but many americans including a large trunk of democrats are concerned for his future. the white house is touchy about the growing drumbeat that he not run again and consider the following the white house is going the extra mile reporters questions about issues where they are left out of unofficial white house transcripts of a rose garden event. why should america give you four more years? stay tuned. well. the past couple of years? at any rate it s all unfortunate somewhat argue. timing for mr. biden with the latest nbc news survey showing the majority of americans just don t think it s a good idea for an 80-year-old to leave the parties bid for a white house. asked if they thought biden should run again an astounding 70 percent said no he shouldn t run and half of those people said his age was a major reason why. and there is more. if, perhaps the driving force behind h
alphabet and meta. and microsoft samsung and intel. the technology sector has been enjoyed rapid growth during the pandemic but now they are operating in a high interest rate environment. they have also been cost cutting measures. meta, for example, has had to announce that this month it will cut 10,000 more jobs and that is on top of the 11,000 that the company let go last november. danzig is a deputy chief investment officer at richard burnside advisors and he now says that he is not optimistic about technology stocks in the united states. i don t really see any reason to expect anything different from what we have seen both from these companies over the past couple of quarters but also from the companies we have only heard from his earnings season. i think what is clear is growth is slowing and this is hurting these companies notjust on the front of the profitability front of the profitability front which i think is front and centre for markets. we were talkin: and cent
look at what it is like to take over a long running family business. time now to get down to business. we begin with energy. it will be clean and safe and power 1.8 million homes in the north of england and the midlands. that is the plan presented by the uk government and the netherlands who have announced the world s largest multiuse electricity powerline built under the north sea. the will connect the uk in the netherlands with offshore wind farms providing energy to britain aiming to reduce household bills. this announcement comes at the start of the second north sea summit which kicks off today in belgium, the founding countries are belgium, denmark and the netherlands will be joined by france, uk ireland norway and luxembourg and the largest ever coalition around energy in the northeast off let s talk to jess ralston head of energy at the energy and climate intelligence unit. first of all, uk government is saying it s the s largest of its kind, powerline is delivering c