the united states and around the world, i m christine romans. we begin with breaking news on what s now the second biggest bank failure in u.s. history. most of first republic bank is now being bought by jpmorgan chase in a deal arranged by the federal deposit insurance corporation. the fdic. cnn s clare sebastian live in london for us. clare, this deal announced just a short time ago. all weekend, we ve been waiting for word what would happen to first republic. we knew it couldn t continue as a concern here. fdic would have to step in. and you went to bed thinkiing first republic is your bank, it s now jpmorgan chase, right? yeah, christine, all 84 branches of first republic will reopen this morning as branches of jpmorgan. this is different than silicon valley bank which was taken by regulators and stayed there for more than two weeks. this happenmuch more quickly over the weekend with that auction held on sunday. several banks bid it. it seems they reached that deal with
is the industry ready? plus: the bitter row brewing at starbucks. its former boss denies illegal union busting in a tense appearance before the us senate. and players ready. a $180 billion industry, 45 contenders. who will smite the opposition at tonight s bafta games awards? hi there. powering up britain that s how the uk government is describing its new strategy to reach net zero carbon emissions by 2050. it s expected to promise £20 billion in funding for carbon capture technology, more investment in nuclear and help for householders to insulate their homes and install heat pumps. it comes after a legal challenge by environmental campaigners led to a ruling by the uk s high court that the government s previous plans were inadequate. friends of the earth, one of the campaign groups, has already described the latest policies as dangerously lacklustre and lacking on climate action. here s what the minister in charge grant shapps had to say. i think is the flipside of the
get in touch with me on twitter @annitabbc #bbcyour questions the prime minister s expected to announce a cabinet reshuffle later this morning, as he replaces conservative party chairman nadhim zahawi. a third earthquake hit central turkey early this morning, as the rescue operation continues across the region to try to find survivors of the two massive quakes which struck yesterday. in the last few minutes, we ve learned that now more than 5,000 people are known to have died in turkey and in northern syria, with that number rising all the time. these are the scenes live in hatay in southern turkey. many images that we ve seen of the quake since yesterday morning have come from the city. you can see on the left of the screen how those buildings have been pancaked, flattened by the two huge tremors, really the 7.8 quake we heard about which struck just really the 7.8 quake we heard about which struckjust before dawn yesterday. and then a few hours later another quake of around
obese when she died at the family home in october 2020. and bp announces record profits of £23 billion, more than double that of the year before. and, the great british fighting plane, one of the most famous from world war two, known as the mosquito, could soon fly again in the uk thanks to a group of volunteers. good afternoon, and welcome to bbc news. more than five thousand people are now known to have died after yesterday s devastating earthquakes that hit turkey and syria. many more have been injured, as thousands of buildings collapsed. the homeless are now having to endure freezing temperatures without shelter, as rescue teams and local residents scramble to free others trapped in the rubble, with some people being heard crying out in pain for help. the uk hasjoined dozens of countries in promising aid for turkey s gaziantep province, near the epicentre of the quakes. with more, here s richard galpin. almost 36 hours after the huge earthquake struck this region, survi