the orioles. the highlight of the show for me. i like the squirrel. we will see you tomorrow. thanks so much for joining us this morning. cnn news central starts right now. look at that beautiful day out there. i love that shot of the hudson. finally making it official, florida governor ron desantis is set to launch his presidential bid today. how he changes the race as the republican field expands and what does elon musk have to do with it? shelter now. a stark warning as a typhoon packing wind gusts over 100 miles per hour barrels into land. a look at the devastation as the worst of it is hitting right now. the mar-a-lago documents case reaches a critical moment. donald trump s lawyers demand a meeting with the attorney general as the special counsel closes in on a decision about whether to charge. this is cnn news central. let the games begin. the one competitor that donald trump appears to be most focused on is about to jump in the race. florida governor
portions of the state. just minutes ago we were seeing this video of a levy that failed overnight in monterey county. that has forced evacuations, washed out roads and bridges. this week s atmospheric river, the tenth to hit the state dropped more than a foot of rain in some areas. at least two people have died in the most recent storm and more rain is on the way for some hard-hit areas. several feet of snow is blanketing the sierra, nevada mountains. they worry melting snow could cause more flooding. california national guard in high water vehicles are staged throughout the state. mike lareo is in vallaero. reporter: we re in the heart of the flood zone and we have all of this flooding in the downtown area because from that video you just saw, the levy is about 3 miles behind us and as soon as that levy had a breach around midnight local time, jim, all of that water had nowhere to go but here except for low lying areas. you can see there s a little bit of a dry spot in our
severe road damage as well. the california national guard is now on the scene in santa cruz to support emergency services. for some residents, the rising water is simply too much. we can t live like this. how do you live like this? how do i have my kids here? how do i have my elderly mother live here where i carry her out of the house? cnn s mike valerio and cnn meteorologist brit rits are tracking the latest. reporter: this is the heart of the flood rescue response effort. if you look around us, the area is inundated. as you mentioned at the top of the show, it is flooded because we have this levy upstream that failed around midnight local time, so as the front quickly comes through, that water is dumped around us. what we ve been seeing since we moved positions from the berry farm we talked to you last time until now, national guard troops have been coming up and down the central drag for several hours now rescuing people. you can just see the extent of the water. and
fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that s a hit. on the other hand, those banks still exist. you can t say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it s gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of money. most of that money was not insured, no matter what they tell you. the fdic only guarantees bank deposits up to $250,000. nearly 90% of all deposits at svb exceeded that. and it s unclear if those people see their money again. in fact, when customers show up in svb s branch in manhattan to get the deposits back, managers called the police. so, what we have there is the 1929-style b
alleges she was harassed at the texas base. parent company of phil silicon valley bank is filing for chapter 11. [bell rings] meanwhile, the stock market took another beating tonight. selling their banking y st. patrick s day. millions celebrated with parades, beers, and decade-long presidential tradition. i a t you ve never know mike ever met who has never had a drink. norah: march madness continues, and the women s tournament tips off. gets the dump off. norah: good evening, and thank you for joining us on this friday night. tonight, the fbi and justice department are investigating tiktok s chinese parent company for potentially spying on american citizens. plus, it s friday, so we go on the road with an artist whose talent has given him a new lease on life. but first, the extraordinary announcement today about russia s leader, vladimir putin. the international criminal court at the hague issued an arrest warrant for the russian president for war crime