live from london, this is bbc news. avoiding another banking crisis: us regulators race against the clock to find a buyerfor troubled first republic bank, whose shares plunged last week. more protests in france as unions call for further strike action against the government s pension reforms. and solving london s housing crisis: we ll tell you how one community is building its own solution by selling affordable housing to the locals. hello. i m mark lobel, here with your top business stories. let s start in the united states, where us regulators are racing to find a buyer for the troubled first republic bank. the federal deposit insurance corporation has reportedly asked six banks to bid for the lender, and wants a deal in place within the next 2a hours. shares in first republic plunged last week after it admitted customers had withdrawn $100 billion in deposits in march. at that time, its competitor silicon valley bank had collapsed, prompting fears of a wider banking crisis
my most important kitchen tool? my brain. so i choose neuriva plus. unlike some others, neuriva plus is a multitasker supporting 6 key indicators of brain health. to help keep me sharp. neuriva: think bigger. a massive manhunt in texas, the suspect in a horrific shooting vanished without a trace. how authorities are trying to track down the man they say killed five of his neighbors including a 9-year-old boy. plus, another bank takeover has investors and consumers alike questioning the state of the u.s. economy. first republic bank now the second largest failure in american history as jpmorgan steps in to buy it. president biden is set to host the president of the philippines this hour reaffirming america s, quote, ironclad commitment to protect the island nation as tensions with china heat up. we are following these major developing stories and many more all coming in right here to cnn news central. it is possible that the man accused of gunning down this mother, h
town sweet 16 party. fox defamation trial delayed just hours before opening statements . is this a sign a settlement could be near. and spacex boss elon musk, downplaying expectations with his company about to launch the most powerful rocket ever built. good monday morning to you welcome to our viewers here in the united states and around the world. i m christine romans. we begin with carnage at a sweet 16 birthday party in a small southern town. four people were killed, nine injured, some critically in this rampage saturday night. indeed ville alabama so far, authorities have not released details about a suspect or a motive. but overnight we did learn the name of one of those killed kiki smith, who was a student athlete athletic manager on the high school s track team. for more on another of the victims. a star athlete, let s go to cnn s isabel rizal is indeed ville. i spoke with michael taylor, who is the assistant football coach over a day ville high school. and he says th
welcome to the programme. we start in france big numbers have taken to the streets again the 11th day of mass protests against the change in pension age in france. let me show you some live pictures, already some debris and lines of riot police stacked up. i have been watching pictures of small charges by those police to push some of the protesters back. this is right in the centre of paris, the 11th day of these mass protests that have spoiled over the last two and a half months as so many people protest against the change in pension age, making it up to 64 from 62. large numbers on the streets again. a meeting between the prime minister and labour unions failed to break the deadlock yesterday. our paris correspondent hugh schofield is on the streets of paris and joins me now. there is deadlock, you have protesters continuing to voice their concern about the change and the government insistent there will be no step down in terms of what they are laying out. no step down
we start in france. large numbers have taken to the streets again, the 11th day of mass protests against the change in pension age in france. a meeting between the prime minister and labour unions failed to break the deadlock yesterday. on the streets there in france we have more large protests, notjust paris but many of the big cities. notjust paris but many of the big cities. france s constitutional council will decide next week on the validity of the government s move after the change was rammed through parliament with no vote. let s speak to our correspondent hugh schofield who is on the streets near the protests in paris. there is no prospect of the government giving way on the key part of the law which is raising the age from 62 to 64 for state pension, and there is no sign as we see here of the protesters giving up. it may be that beneath the scenes there are things happening as the law approaches this publication in becoming actually law, people will start giving up,