The three top contenders in the race for governor of Louisiana Republican Jeff Landry, Democrat Shawn Wilson and Independent Hunter Lundy recently visited the metro areas to spark enthusiasm for what is likely to be a lackluster, low-turnout election. This trio of candidates along with State Treasurer John Schroeder, business lobbyist Steve […]
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The 30th anniversary of the Sheepscot River Race is scheduled to start at noon Saturday, July 1. This six-mile canoe and kayak race will start in Newcastle at the U.S. Route 1 Rest Area Bridge and finish at the Wiscasset Waterfront in Wiscasset. The course includes four miles of moving water meandering through protected marshes […]
Signature bank are testifying on capitol hill, answering questions about how the banks collapsed. cnbc senior markets correspondent dominic chu is following it for us, as he always does. dom, good morning. regulators are forced to take over these banks after customers lauchblged a run on the money. what are the former executives saying about that today? reporter: jose, they are basically facing a slew of different questions and pointed ones at that about what went wrong and how it could have gone so wrong in such a bad way leading to a few of the biggest bank failures in u.s. history. now, in the hot seat specifically so to speak, are former silicon valley bank ceo greg becker, former signature bank of new york executives scott shea, the former chairman and eric howell, the former president. and much of the message so far has gone towards the unprecedented so to speak nature of how these banks ultimately collapsed. it was a combination of things like federal reserve interest rate pol