The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday. The failure raised concerns that other banks could face problems, too. Young companies raced to get their money out of the bank, which was central to the start-up industry. Some said they could not make payroll. Regulators shut down Silicon Valley Bank on Friday, in the largest U.S. bank failure since the 2008 financial crisis, and appointed the Federal Deposit Insurance Corporation as the receiver. The decision would allow an enormous $8 billion drilling project in the largest expanse of pristine wilderness in the United States. Mr. Cohen, Donald J. Trump’s former fixer, is the key witness in a case built around a hush money payment to Stormy Daniels. The deal between regional rivals underlines China’s growing economic and political importance in the Middle East, and what some analysts say is waning American influence. Israel had long hoped to isolate Iran and seal ties with Saudi Arabia. A thaw between Riyadh and Tehran has complicated that goal — and was perceived as politically damaging to the prime minister. Gov. Ron DeSantis of Florida visited Iowa on Friday, providing a window into his still-untested skills as a retail politician. In the face of declining enrollment, Valparaiso University in Indiana wants to raise money to renovate two dormitories by selling treasures from its art museum. Not everyone is on board. In some Central California communities, residents have had to pack up and leave several times already this year because of atmospheric rivers. A devastating winter storm in Southern California strands families in their homes, collapses roofs, and leaves behind widespread fears of more deaths not yet discovered. The move comes amid criticism that California has flushed trillions of gallons of water out to sea during this winter’s heavy rains. While Mexicans are often caught in cartel violence, and the outside world barely notices, the criminal groups know that targeting Americans is bad for business. New energy sources to replace oil and natural gas have been easier to find than kicking the dependency on Rosatom, the state-owned nuclear superstore. Interest rates have risen so quickly that some banks can’t keep up. A cult hero to young conservatives, hippie back-to-the-landers and marginalized environmentalists alike, Thomas Massie could shape the future of the GOP. A respected science organization says its review of studies about respiratory viruses was misinterpreted to incorrectly claim masks were useless. The Turkish government’s disastrous response to the recent earthquakes has exposed the false promise of strongman rule. Only a tiny fraction of scripted movies and TV shows talk about climate change. Meet the woman trying to change that. The economy added 311,000 jobs in February despite higher interest rates. But hourly earnings rose more slowly as the pool of available workers grew. The former roommate, who pleaded guilty in 2017 and was deported, sent an affidavit to federal authorities accusing Mr. Santos of running a card-skimming operation. The Social Security numbers and personal information of thousands of people, including some lawmakers, were stolen in a hack of a D.C. health marketplace disclosed this week. A former Crimson Tide player, Darius Miles, and Miles’s friend Michael Davis were indicted by a grand jury. At the Southeastern Conference tournament, Brandon Miller starred for Alabama after being interviewed as a witness in the case. Known in some quarters as the first lady’s tailor and dressmaker, Christy Rilling is starting her own line. More Recent Articles |
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