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shares ended up more than 50% after it confirmed it was exploring strategic options including a possible sale. but pac west isn t alone, and shares of other mid size and small banks are also taking hit. our north america business correspondent has more on what is driving this. us regional bank stocks suffered more sizeable losses on thursday despite assurances from the head of america s central bank, saying that the us financial system remains sound. leading the way was pac west, which saw its share price halved yet again, which means since the start of the week, its stock is now worth about a quarter of its value. also trailing we saw first horizon and the western alliance. those stocks under pressure, and the value of those shares falling more than 30%. what is driving some of this is higher interest rates. that has meant that they have had to write down the value of some of their assets that are sensitive to rising interest rates, then you have the fact that there ar ....
brian: that is augusta, georgia, and that s i requested a structure right in the middle of a bridge. that would show symbolically how we have to come together as a people. thank you very much control room for pulling that out. ainsley: kind of like joe biden you want to unite. brian: i do want to unite and like joe biden i have done nothing to make it happen but we ll see. welcome, everyone, to this second hour. and as far as i could tell we still have an hour after that. steve: we do if all goes well we will go until bill and dana get in the building and take over so we can go mow. ainsley: that s exactly right. to texas, we talked about yesterday there was this manhunt for this guy who allegedly ran next door to his neighbor s house with a gun and mowed down five people inside that house. we heard from mr. garcia who said his wife was the first one to die in the threshold of the door. here s the man that they are still looking for. this happened late frida ....
a fiery field hearing taking place just a block away from progress da alvin bragg s office with absolutely harrowing testimony from new york city crime victims and their families. victims like joseph borgen a jewish man who was brazenly beaten by four men in broaddaylight. his attackers were only give an six-month plea deal. he only punched my son once. . perhaps some of the most dramatic moments came when madeline whose son was brutally stabbed to death nine times for significantly lowering the charges against two of her son s alleged attackers. i was totally disrespected. me, my family, my grand children, we were treated like garbage. like garbage. while republicans say the hearing was intended to highlight just how progressive policies are making america less safe, democrats dismissed it as political payback for bragg s indictment of former president donald trump. they insist the big apple is indeed safe. the chairman says this hearing is about violent crim ....
everyone. it is tuesday, april 25th. welcome to cnn this morning. we re so glad you re with us. we do begin, though, with news about this show. as you may have heard yesterday, cnn parted ways with anchor don lemon. a statement, chris licht thanked don for his contributions over the 17 years. writing in part, don will forever be a part of the cnn family. we wish him well and will be cheering him on in his future ende endeavors. he was one of the first anchors to have me on his show. that s something i ll obviously never forget. we wish him the best. we certainly do. don was one of my first friends at cnn. i m so thankful to worked alongside him and for his support for nearly 15 years here and i wish him all good things ahead. we re really proud of this show. we re so proud of the dedicated team that works around the clock to bring you the news every morning and our priority is you, the viewer. we re grateful you welcome us into your home each morning. absolutely ....
there s even greater points looming out there, it s celebrities who lost their status. i m referring to the blue checks. i m not talking about someone choking on their steak in prague. yeah yn can. i debated internally whether to leave that joke in or not. it s terrible. it s one of the worst jokes we ve ever heard so i left it in. last week twitter removed the user verification symbols known as blue checks from any account that doesn t cough up eight bucks to subscribe to twitter blue. the cash will go towards replacing elon s rocket that ec loaded. it s a shame he only had two more payments to go. celebs saw their blue checks go away including kim kardashian, tom lose, the rock, and of course greg gut feld. and my personal favorite, the pope. try getting eight bucks out of that guy. he always said he left hey wallet in his other casic. on saturday, twitter reverifies many users with massive following including dead people like michael jackson and kobe bryant. of cou ....