to hear her first here outfront. plus, the collapse of the second largest bank in american history that happened in the span of 48 hours and is affecting the entire banking industry and perhaps beyond. i ll speak to the ceo of a company whose money was with that bank, got a call from a panicked investor to get out now. you ll hear what happened. and the president of a little known group of islands calls out china s xi jinping accusing china of bribery, personal threats to his safety, all over xi s potential invasion of taiwan. good evening, i m erin burnett. outfront tonight, executed by russian soldiers. her son s death was seen around the world. she had to watch it herself, and the mother of that ukrainian soldier is now speaking out for the first time. the video of his death difficult to watch, but important to show the depravity of what s happening on the front lines. it sparked global condemnation. the ukrainian was executed after he said glory to ukraine. an
how do i have my kids here? how do i have my elderly mother live here where i carry her out of her house? a powerful storm in the west dumping a dangerous am of rain on millions of residents putting dozens of california communities under a state of emergency. we ll take you there and cnn weather center for the latest. and republicans descend on iowa. a stop on the road to the white house. ron desantis had to say to keep voters there. who wouldn t like to work a four-day workweek. how it s working out. live from cnn center, this is cnn newsroom with kim brunhuber. we begin this hour with a deadly storms pounding california. millions are under flood alerts as heavy rain and melting snow combine in the latest round of intense winter weather in the result of another atmospheric river. officials issued evacuation warnings. more evacuations were ordered in the past hour. the sheriff is urging residents to stay clear of waterways and avoid all unnecessary travel. they worn o
that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing bank s assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large. the tech sector has seen layoffs and funds been sold off. that has led to panic. that s led to group chats of founders of vcs all abuzz with what to do with svp. that led to panic. nobody wants to be the last customer held at a bank. help break down all those affected. svb was the premier bank in silicon valley. we ve seen tech companies banking at svb as kind of a badge of honor. right now we
missing in mexico after crossing the border more than two weeks ago. what we know about the case. plus, former vice president mike pence not mincing words. his harshest statements yet about president trump s role on january 6th and the republicans now trying to downplay the capitol attack. i ve been doing this a long time and have to say donie o sullivan is probably best in the business. incredible. very kind of him to say that. should be honored, really. but anderson didn t say that sthe online could be almost anyone s voice and real concerns its raising, coming up on cnn this morning. we begin with a break in the storm center battering california moved out of the northern and central parts of the state for now but leaving in its wake flooded towns washed out roads and thousands out of their homes. in monterey county the river is surging after relentless rain and the levee couldn t keep up. it probably early saturday morning sending floodwaters into the small
and four shaeeds were intercepted says the ukrainian military. here in the front line town you can see what more than a year of heavy artillery and mortar fire have done. it was again the case on wednesday night. there is not much air defense can do about that. on the whole, what the ukrainian military says is that with western hit s air defense systes have been remarkably efficient from the very start of the invasion. translator: if this hadn t happened, we probably not be talking to you now and there would be no such country as ukraine. last to the air force we managed to hold the keys to the sky. reporter: this is a rare close-up look at iran s technology of death. a drone relatively intact for having been fished out. black sea. at the head it would have carried 50 kilograms worth of explosives. this is what 20 kilograms looks like.