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
severe winter weather. but that national weather service because they once in a generation storm, also causing chaos for travelers coast to airports are packed tonight with some 8000 flights either canceled or delayed at one of the busiest travel times of the year. we have team coverage charles watson is tracking in an lancet. the first to alexis and mcadams live in new york city tracking this cold snap, alexis. hi brian. if tonight another cold night here in new york city. it s nothing compared to other parts of the northeast are dealing with. buffalo, new york was slammed and we are learning about more deaths as authorities are still searching for people who have been stranded on the road for hours. the historic storm is not over yet in buffalo. take a look here on your screen this is a people been dealing with for days they are. this is what look like again this afternoon. at least 12 people have been killed during this winter blast. snowplows trying to make their way th
behind the scenes. a specific meeting inside the white house is looming large. a meeting the committee says has been described to them as insane. a meeting that s preceded by hours, former president trump s tweet calling on supporters to be at a protest in jog on january 6th and that it would be wild. committee member jamie raskin who will lead today s hearing said when trump wrote this, he became the first president in american history to call for a protest against the peaceful transfer of power. committee says the hearing today will focus on how extremist groups were inspired by that tweet. how they mobilized in response, coming to washington that day. and also, what connections exist between trump s circle and these extremist groups. witnesses include rioter stephen ayres who talked about the civil war. and a former spokesperson for the oath keepers will also testify. we re also learning that the committee will reveal new information by members of congress to pressure fo
Growing Leisure Boat Industry. From small, human powered, two giant super yachts. And its one of the highlights of the Sporting Calendar, as the top teams enter the fa cup, and one of the worlds most successful managers Pep Guardiola gets his first taste of its magic tonight. The sounds of stonehenge and why they could reveal some of the secrets of the historic site. And matt has the weather. Good morning. Will it be the sound of ice scrapers echoing around the south and east today . It is a day of contrast. While some have frosts, temperatures down to 6, for others it is cloudy and wet. The forecast coming up in15 it is cloudy and wet. The forecast coming up in 15 minutes. Good morning. First, our main story. The us President Elect donald trump is due to meet intelligence chiefs today, to discuss claims that russia tried to interfere in the american president ial election. Hes faced criticism from both republicans and democrats about his approach to the allegations, and less than 24 h
The scorching heat, which has engulfed China since Saturday and broken historical records in some areas, is expected to linger until next Thursday, a meteorological expert said on Wednesday.