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CNN CNN Newsroom With Jim Acosta July 6, 2024

you are in the cnn newsroom. i m paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland s largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global economic analyst, rana foroohar joins us now. all right, rana, can you explain to us this deal? yeah, absolutely. so a little bit of con context. credit suisse has been a troubled bank for some time. so this, you know, this is a bank that over the last couple of years has had any number of crises. it s been considered weak in the marketplace. even late last year, it was having its own probl ....

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CNN CNN Newsroom With Jim Acosta June 4, 2024 21:29:00

With the amount of snow. that s why you ve got winter weather advisories, winter storm watches, and winter storm warnings set, because of how much snow is really anticipated over the next 48 to 72 hours. now, that next system arriving late monday, that s going to be our next big atmospheric river. and likely going to be a pineapple express, based off the fact that the origin of that moisture coming from hawaii, streaming all the way up into southern california. and likely even spreading some of that moisture into areas of arizona, as well. that s where the flood concern is going to be the greatest over the next few days. you ll see central and southern portions of california looking at a light and margin ralal ris flooding, but also portions of arizona, including flagstaff and phoenix, also looking at the potential for flooding. certainly something we ll have to keep a close eye on in the coming days. vladimir putin makes a surprise visit to ukraine. why did he choose to visit there ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110226:17:16:00

Extending into parts of central wisconsin along this band that s where we can see poor visibility. accumulations light just one, two, three inches of snow. that moisture will be moving east into areas like massachusetts, connecticut, accumulations overnight about three to six inches. otherwise light snow showers across the northeast. bigger storm system across the southwest, bringing in heavy rain across ares of southern california. we could see localized flooding out there. very heavy snow across the four corners region, including flagstaff. we have winter storm warnings in effect, a feet of snow out here. uma: thank you maria. under rest and uncertainty in libya today. we ll get a live report from our own leland vittert from inside the country. and later we talk to tennis superstar venus williams, ....

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