this is cnn breaking news. i m max foster joining you live from london. bianca is off for the day. we ve got breaking news to bring you at this hour. it is that essentially the second largest bank failure in american history has been announced. first republic taken over by the authorities late last night. and they have sold a large proportion of the assets to jpmorgan chase. thos those assets we re being told is just announced by the federal deposit insurance agency. that s the agency that ensures deposts for customers. this is the third bank to fail in two months. there s a relief other banks haven t failed. as you can see, the medium-size banks are struggling in the united states. there s concern that contagion may spread to other parts of the world. but so far, the authorities seem to be handling each one on a case-by-case basis. as i was aing, j.p. morningen will take over the assets, the deposits held with the bank. customer deposits are safe for now. authorities tryin
policing is a big family of people who know at some point they may be asked to make a sacrifice. but you never wish or hope that it actually happens. and tonight, this tragedy, there are some broken hearts that will take a long time to grieve. todd: hundreds of police officers gathering on the sheet to carry the body of their colleague. the department calling it a tremendous loss. we will try to get through this, it is a difficult time for chicago police department. we are heartbroken, this young officer we had five years on this department had a bright future ahead of him. and this is something that no family should have to face. todd: investigators reviewing body cam footage of the the suspect is shut in critical condition. ashley: the officer s death comes as chicago police chief david brown announced her resignation after lori lightfoot s laws. the head of the u.s. attorney s office in chicago john also resigning. lightfoot failed to secure enough votes for the
there are winter storms and then there s this, an historic co coast-to-coast arctic blast packing the power of a category 2 hurricane and whether it s blinding snow or subzero temperatures just about everyone out there is feeling it. more than 200 million americans right now under winter warnings or advisories and looking at that map, the more purple you see, the colder it is. and the timing of this is simply terrible. holiday travel where it s even possible is a mess as you would guess. thousands of flights are canceled right now and you can forget about driving in a lot of parts of the country. in new york the snow and flooding are so bad all n nonessential travel is banned right now and in rhode island, massive waves hammering the coast. street flooding there a big concern. and blizzard conditions are also making for some white knuckle driving in ohio and cleveland. it s going to feel like minus 27 all day. and in the south, well, that s where you ll find a lot of ice and
Trump were getting new details on the first witness to be called a men allegedly in the room, what a scheme was hatched to bury bad stories about donald trump. And the 2016 election. Jewish students being urged to return home for their own Safety Classes go virtual has protests, royal, a unit diversity, and the Supreme Court braces for arguments that could effectively end the federal election case against donald trump im john berman with sara sidner and kate this This Is N Newsroom Historis unfolding before our es today, right behind me live pictures of a courthouse in Lower Manhattan a then at use trump tower here in new york vershortly, donald trump will leave his apartment for Opening Statements in a trial or could ultimatelland him behind bars. Were getting new details this morning about the very first witness expected to called by the prosecution a man known to be involved in several catch and kill schemes for donald trump. Polluting the alleged Hush Money Payment with porn star S
Next hour, President Biden leaves the whuite house and jois the picket line. The historic move coming as the selfdubbed prounion president eyes a key 2024 endorsement. Donald trump is also headed to michigan, which means he is ditching the Republican Debate for a second time. His republican rivals are preparing now for the big stage and the high stakes before them as fewer candidates making the cut this time around. Breaking this morning, hunter biden is suing Rudy Giuliani saying he tried to hack his laptop and committed a Total Annihilation of digital privacy. Im john berman with sara sidner and indicate bolduan. Cnn central starts now. Breaking homtmoments ago Th Annou Announcement hunter biden is suing Rudy Giuliani for allegations of hacking and tampering with data bidens team says was taken or stolen. The move is the latest of hunter biden going on offense as he faces new criminal charges. Reporter this is the latest lawsuit that hunter biden has filed in recent weeks. He has bee