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 shares in first republic plunged last week after it admitted customers had withdrawn $100 billion in deposits in march.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
whoa, whoa 28 points. i would like to do the same. reporter: that would make her a copy cat. she said the same thing when she first laid eyes on patches. whoa. reporter: jeanne moos, cnn, new york. good morning, everyone. welcome to cnn this morning. it is saturday, april 29th. i m amara walker. i m victor blackwell. thank you for joining us. i think the sound we heard at the end of the patches story was the grunt that patches makes getting up i can tup. she can t meow. can you take a cat for a walk? i don t know. here s what we re looking at. more than 0 million are facing severe storms yet again today after residents were faced with baseball-sized hail. what led to the recent collapse of two banks. the concerns now over a third and why the white house says it will not step in to rescue it. we will stand up again and again, and our language will get tougher and we will get madder. antiabortion bills face an uphill battle. they fail in republic
arthel: hi eric, hello everyone i am arthel neville for the lord being served and sarge has republicans in many answers on why they say the biden administration is spending millions of dollars to store unused border wall panels of potential terrorists may be evading capture and slipping into the country but that joe biden and democrats would spend time on the southern border like republican said last week, they would see the same thing we did. his policies at the border not just a feeling their unmitigated disaster. we are going to ensure accountability is coming from the members of this administration who are responsible for these choices. eric: republicans say 50 million years begins vent to own world border will sanctions. grief is on the latest on all this, hey griff. quick take eric, good afternoon print border officials are very concerned at the number of individuals that are hitting the fbi tour watchers they worried about the ones that may be not getting caught and sl
during tomorrow s parade. aaron katersky stand ne week aftellse of silicon valley bank, its former parent company now filing for bankruptcy. the stock market sliding just 24 hours after a group of banks unveiled a $30 billion rescue plan for first republic bank. the new report claiming first republic executives sold $12 million in stock months before the crash. the severe storm system and where it s headed tonight. at least two tornadoes, including a confirmed ef-1 damaging homes and businesses in texas. winds up to 110 miles per hour. an arctic blast now on the way. below-zero wind chills tomorrow morning. our weather team tracking it all. new concerns tonight about tiktok. sources telling abc news the justice department is launching an investigation into the owners of the popular social media app over allegations of spying. a new report on the possible origins of covid-19. an international team of scientists reportedly finding genetic links tying the pandemic to anot
the editorial board. alexandria hoff joins us live. alexandria: u.s. regulators are applauding the deal saying the lifeline given to first republic bank demonstrates the resilience of the american banking system. all of this to pull first republic bank from the spiral met by silicon valley, signature and silver gate. join statement reads action of the largest banks reflect confidence in the banking system, we are deploying strength and liquidity to the largest system where it is needed most. the banks are supporting the economy and those around us. secretary yellen was among the architects of the deal. her testimony game days after emergency action to contain collapse of silicon valley bank. listen. i can reassure the members of the committee that our banking system is sound. americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate resolute commitment to ensure that our financial system remains strong and that dep