trouble in the valley? financial stocks slump as investors move to withdraw their deposits from silicon valley bank, a key lender to start ups. and the uk grows more healthily than expected injanuary but the government warns there s still a long way to go to restore stability. welcome to world business report, i m tadhg enright. we start in the us with a story causing some worries on financial markets. silicon valley bank has been trying to reassure its clients their money is safe after a 60 per cent collapse in its share price since wednesday. svb has been a key lender to many tech start ups the likes of airbnb and linkedin but questions have been raised about its financial health after it launched a huge share sale to raise money. joao da silva has the details. svb dropped massively overnight as the bank revealed it lost $1.8 billion and the folio of securities valued at around $21 billion. as a result of those losses, the bank was forced to rage cash by a huge share sa
questions to answer so let s get started. swift evacuation 100 people are evacuating from the u.s. embassy and the fierce fighting in sudan the direct orders from president biden straight ahead plus, biden s bid. president reportedly days away from announcing another run fo the legal office what we know about his reelection campaign and ho younger voters can help push him across that finish line. trump on trial former president donald trump civil rape trial said to start tuesday in new york. as the election interference investigations close in on trump s inner circle we re breaking it down ahead later, doubting thomas ethics concerns continue t swirl around clarence thomas s undisclosed lavish trips on gop billionaire megadonor time and that shady real estate deal i want to know chief justice john roberts actually confront the controversy in an upcoming senate hearing all of that and more is coming up a good sunday morning to you all. i am katie phang we begin today share w
we are starting this hour with some breaking news out of akron, ohio. police there have released some very graphic body cam video, and we will show you that in just a bit. this is folio shows the moment officers released a barrage of bullets, shooting 25-year-old jayland walker. this is triggered days of protests in ohio, and an investigation of the incident. let s go to nbc s jackie vest by who is in akron right now. all right, maggie. we know that police say they were attempting to pull walker over for a traffic violation. now, police also say that they were chasing him in his car, and he fired shots out of the window at them. what are authorities saying about what the video shows and how exactly is walker s family responding? sure, so walker s family, as of today, isn t talking quite yet. their attorney spoke for them earlier saying that frankly, they are still horrified after seeing the video. the biggest thing we are learning from authorities is a confirmation of wha
it s an issue that had never really been seriously considered and decided one way or the other before the justice department was confronted with it urgently during the nixon administration. but thanks to this, again, sort of odd series of things happening all at once in the early 70s, the vice president, spiro agnew, maybe going to prison, the president, richard nixon, making being removed from office against his will by impeachment. thanks to those things coming together all at once in a big felonious mess because the american people, in our infinite wisdom, thought it would be a good idea to elect guys that crimy to the white house, twice, thanks to that mess around nixon and agnew, the justice department in the early 70s h 70s 70s, that it was the policy not to bring criminal charges against a sitting president of the united states. that sni like an important landmark moment foran the nixon years. it s never a good sign when your presidency is so crimey, it forces eve
Breaking tonight, flights delayed, in cities across the nation disrupted as anti israel demonstrators read havoc in the streets demanding a ceasefire in gaza. And the contradiction like no other, president Byron Reaffirming his ironclad commitment to israels security, that is saying is that if israel strikes back, they are on their own. We are live with the protesters who put much of the country on pause. We begin tonight in california were police announced more than two dozen arrests after anti israel Protesters Shutdown of the Golden Gate Bridge for hours today. California Highway Patrol says 26 free Palestine Protesters on the Golden Gate Bridge today were arrested, some of the protesters chained themselves to cars blocking traffic during the peak morning commute. And oakland officers say five other protesters were arrested in which they chained themselves to 55gallon drums filled with concrete. The protesters face a slew of charges including unlawful assembly, unlawfully stopping o