and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of venture capi
this train was almost 1.8 miles long and had 158 cars, 38 cars ultimately had derailed. 11 were containing hazardous material and there were some five toxic chemicals on board, including vinyl chloride. that s the one that has a lot of folks worried right now because even though it s colorless and you almost wouldn t know it or sense it or smell it, some can. and that was the one that would have normally alerted people along a path of the train carrying it that you ve got a train coming into town that s carrying it. now, there are different interpretations of the laws and requirements around that. be that as it may, norfolk southern has promised to provide whatever help the town needs. better that and million dollars has been distributed thus far and we don t know the details of that, but more money was coming. a lot of lawyers, some of whom i have been talking to, who are pondering class action suits saying that s a drop in the bucket with the obligation that norfolk souther
what kind of support is robert f. kennedy getting. and a major 2024 issue, what s going on at the border right now, where tens of thousands of migrants have been gathering at the mexican side and i believe some as high as 40,000 and all this have is title 42, which has allowed these cases to be adjudicated on the mexican side of the border. all of that goes away in less than three weeks. nate foy is in brownsville, texas keeping an eye on the fast moving developments. secretary mayorkas says details will be coming next week how the biden administration plans to handle the end of title 42 less than three weeks away. we re seeing illegal numbers in the fiscal year of this year and that s expected to skyrocket after title 42 ends. the danger in the communities in southern texas continues. take a look at the video. this is a chase from texas dps in kinney county. the driver in this case was smuggling three illegal migrants. the driver is from galveston in the greater houston area
his official 2024 campaign announcement, but first, alexandra hoff has the latest on the hunter biden probes. there s a lot going on here. prosecutors are looking into two misdemeanor tax charges, felony tax evasion charge and a felony gun charge relate today a purchase, but sources say this is not an indication that charges are imminent and that this meeting is not related to a claim by an irs agent turned whistleblower that the biden administration has mishandled the case. he knows when to spot, when other investigative steps aren t done in the traditional way to get at the truth and he has spotted and observed things that are done differently in this particular matter. that s the whistleblower s attorney there, that he seeks to provide details sworn testimony by congress by a senior appointee and multiple reports named that as merrick garland, who said this on march 1stments i promised to leave the matter of hunter biden in the hands of u.s. attorney for the district
all right, hour two, we re happy to have you. we re looking at a number of protests planned pretty much around the world, a big one in washington d.c. where we re expecting north of 100,000, maybe a minimum, a massive demonstration and similar in london, paris and iran today. the themes are the same, more pro-palestinian and the rage continues. the separate rage and the comments that came out of hezbollah leader yesterday telling the united states that you will pay, essentially for backing of israel and this unacceptable war against hamas, said that all options remain on the table, not concerned about u.s. warnings to stay out of this conflict. in the middle of that, of course, keep in mind that it s hezbollah and forces of hezbollah in the north, in lebanon, that have been, you know, inciting these attacks and others on israel. that s exactly where you were going to find steve harrigan in northern israel right now on how that part of this war and possibly an expanding one