state regulators wasting little time to take possession of silicon valley earlier today before a sudden cash crisis risks becoming a bigger one. then just as quickly reassuring investors their money was safe. the fdic taking control of silicon valley bank s deposits and letting customers know that they would have access to their funds by monday morning. it was all meant to avoid a run on the deposits and one that could spread. neither happened today. janet yellen said she was watching silicon and a few other banks she didn t name very carefully. other government officials stressing that silicon s case was very unique. in the case of silicon, it happened very fast after announcing a big loss on the bond holdings earlier this week. most of the bonds were bought long before the aggressive rate hikes that began almost a year ago. meaning those investments were underwear as bond prices declined and silicon was struck. today s strong employment report showing a bigger than expected
his incredible story of survival, nearly a year to the day since a devastating blast from ukraine almost took his life. but first, democrats getting slammed for attacking the twitter files, journalists and an explosive hearing, liberals claim freedom of the press unless it is something that makes them look bad, democrats ripping the reporters who broke the story exposing how twitter worked with the feds to silence free speech. elon musk spoon fed you cherry picked information, which generates another right-wing conspiracy theory. is it true that you have profited since you were the recipients of the twitter files? you have made money? it is probably a wash honestly. no, you have made money you did not have before, correct? but i have also spent money i did not have before. attention, eyeballs, money, all of it points to problems with accuracy and credibility. judge jeanine: the attacks going even further. dems also try to intimidate and demand to know the source o
and catastrophic wildfires, a climate state of emergency in the united states. live from cnn center, this is cnn newsroom with rosemary church. we begin in ukraine, where there is more fallout from thursday s brutal attack on a detention facility in russian held territory in the east. on sunday, the u.s. ambassador to you range said russia must be held accountable for the attack, and dozens of ukrainian prisoners of war and civilians were killed in the strike, kyiv says, moscow claims russia ukraine is responsible, and they are waiting for access to the site, ukraine says russian forces unleashed a barrage of schelling on the southern city of nikolaev, 2 does seven reported, killed while sheltering in their basement. the ukrainian president condemning the strikes in his nightly address. take a listen. ukrainians, in the region, the most brutal schelling during the entire period of the full-scale war, dozens of missiles and rockets, the occupiers and residential build
we ve never seen. we are spending way too much money to use to hide behind a veterans bill on an unrelated $400 billion spending spree is wrong. the first grain to depart from ukraine s black sea ports under this new agreement. resuming exports could be a critical first step in easing the global food crisis. announcer: live from london, this is cnn newsroom with max foster. it s monday, august 1st, 9:00 a.m. here in london, 4:00 a.m. on the u.s. east coast. we begin with extreme weather fueled by a climate crisis unraveling in real time in the united states. in california, the mckinney fire has burned more than 52,000 acres. the governor has ordered thousands of people to evacuate leaving their homes to burn as high temperatures and drought make the blazes more intense. a heartbreaking realization for some that the fire has taken everything. i watched it from my bedroom. i watched everything come. it was headed right straight towards our property. that s when al
we re beginning with chaos in the skies during what may be the busiest weekend so far this year for air travel. according to the flight tracking website flight aware more than 900 flights were canceled on sunday alone across the u.s. since friday there have been more than 3,000 flight cancellations. so the airlines are blaming weather problems and ongoing staff shortages, in particular a shortage of pilots, so can travelers expect more of this as we enter the peak summer travel season? cnn s aviation correspondent pete muntean is live at reagan national airport. a lot of unhappy travelers this morning, pete. reporter: no doubt, john. in fact, a lot of people probably still trying to get home even today after traveling this weekend. these new numbers are huge, but the cause of this really is not. we were reporting over and over again that airlines got a lot smaller over the pandemic and that has led to these massive flight crew shortages. the deck of cards really comes tum