evacuation orders in california as excessive rainfall leads to raging flood waters. the fresno county sheriff joins me in a few minutes. new legal woes for donald trump, the former u.s. president is considering whether to testify before a grand jury about his alleged role in a hush money scheme. a look at what s behind the second largest bank collapse in u.s. history, and how it happened in just 48 hours. announcer: live from cnn center, this is cnn newsroom with kim brunhuber. another atmospheric river has been pouring massive amounts of rain and snow on california, at least two people have died in powerful storms battering the state. and the weather prediction center put parts of california in the highest warning level possible for excessive rainfall with the worst of it out along the california central coast. officials issued warnings for 10,000 residents, including these folks, who say the rain is unprecedented. go up there check on the scene in case they need
expected to defend the banking system after his government scrambled to prepare emergency measures to bail out silicon valley bank customers. here comes the president coming up to the podium. president biden: before i leave for california, i want to briefly speak about what is happening in silicon valley bank and signature bank. today thanks fought quick action of my administration america will have confidence that the banking system is safe. your deposits will be there when you need them. small businesses across the country that deposit accounts at these banks can breathe easier knowing they can pay their worker and pay their bills. hard working employees can breathe easier as well. last week when we learned of the problems of the banks and the impact they could have on jobs, some small businesses and banking systems overall, i instructed my team to act quickly to protect these interests. they have done that. they have done that. on friday, the government regulator in char
have been ringing the alarm bell for years. we begin with this fox news alert. john: president biden heading to california this hour after giving an update on the sudden collapse of silicon valley banks. the president sought to reassure americans, all while taking shots at top bank executives and republicans for the failure. welcome back as america reports rolls onto us again our appeared happy monday, sandra. here we go again. sandra: i m sandra smith in new york. the news continues. 2:00 on the east coast. sounding off on the handling of this banks collapse. nikki haley offering their take on all of that as they gear up for their 20202024 run. john: out with a warning about the future of guaranteeing deposits. politically, it s going to be impossible not to extend the same full, unlimited deposit guarantee to all banks. once you do it for one bank, it is hard not to do it for ano another. john: let s get straight to peter doocy, waiting president biden s arrival
Could be under threat. Let us know, do you buy fair trade goods to do good or really just to feel good . Just use the hashtag bbcbizlive. Hello and welcome to Business Live. The Japanese Company behind the biggest recall in Car Making History has filed for bankruptcy. Takatas airbags were first found to be faulty in 200a. They were used by 13 of the worlds biggest car makers who have all agreed to Bankruptcy Proceedings in courts in both tokyo and the us. This ceo ta kata this ceo takata said this morning he would step down. Worldwide more than 100 million takata airbags, which can rupture with deadly force and spray shrapnel at passengers, have been recalled. The faulty airbags have been linked to at least 17 deaths and more than 100 injuries worldwide. Its all been an expensive saga. 9 billion is the estimated cost according to japans nikkei newspaper. The firm key Safety Systems has now bought all of takatas assets except those relating to the faulty airbags for almost 1. 6 billion.
BUCKEYSTOWN, Md. (DC News Now) — Frederick County officials ordered work at a Buckeystown drilling operation to halt for environmental testing on Monday. In a news release, officials said that operations will be stopped until the Frederick County Division of Planning and Permitting can conduct testing. The drilling was part of Quantum Loophole’s project to […]