Sen. Elizabeth Warren presses Goldman Sachs to name bankers on Silicon Valley Bank deal
Published Fri, 01 Nov 2024 20:26:44 GMT
By Steven T. Dennis | BloombergProgressive Senator Elizabeth Warren wants Goldman Sachs to name employees involved in its dealings with Silicon Valley Bank ahead of the financial institution’s failure and disclose whether they communicated with each other.Warren’s requests, made in a letter dated Monday, ratchets up congressional scrutiny of the dual roles Goldman played in the days leading up to SVB’s failure, as its investment bankers advised the company on raising capital and its trading division purchased a $24 billion loan portfolio from the bank at a discount. Warren is a member of the Senate Banking Committee.Justice Department officials and investigators for the Securities and Exchange Commission also have queried Goldman about its role in SVB’s attempts to raise funds, according to a person familiar with the matter. Those queries are part of a broader review of the failed bank’s final days. SVB was taken over by the Federal Deposit Insurance Corporation, triggering a bankin...High school football 2023 preview: PAL El Camino Division
Published Fri, 01 Nov 2024 20:26:44 GMT
PENINSULA ATHLETIC LEAGUE EL CAMINO DIVISION(Predicted order of finish)No. 1 WOODSIDECoach: Justin Andrews2022 record: 8-3What to expect: Woodside won the Lake Division championship last season and moved up. To win a title in its first season in a more competitive division is a tall order, but the expectation is that the Wildcats will perform well. Part of the optimism surrounds a ground attack that features Evan Usher, who rushed for over 1,700 yards last season as a sophomore. Four of five starters on the offensive line are black to block for Usher, including Ben Ricketts (6-4, 230), the Lake Division lineman of the year. On defense, linebacker is a position of strength with Mason Furtado, Oliver Lyssand and Dominic Mercado setting the tone for the unit.Season opener: Aug. 25 vs. Jefferson, 7 p.m.No. 2 CARLMONTCoach: Eric Rado2022 record: 4-6What to expect: The receiving corps looks to be a strength for the Scots this season. Rado says 6-foot-4 junior tight end Sean Chopoff has th...Senator Feinstein released from hospital after falling in her San Francisco home
Published Fri, 01 Nov 2024 20:26:44 GMT
(KRON) -- Senator Dianne Feinstein was hospitalized after falling in her San Francisco home on Tuesday. “Senator Feinstein briefly went to the hospital yesterday afternoon as a precaution after a minor fall in her home. All of her scans were clear and she returned home," according to a spokesperson for Sen. Feinstein. Feinstein has been struggling with health issues over the last year. She was absent from the Senate for about three months while dealing with shingles, Ramsay Hunt syndrome and encephalitis. Sen. Feinstein missed votes during that time which prompted some lawmakers to call on her to resign, but Sen. Feinstein said she would not be stepping down. This is developing news. Stick with us for updates.BART to roll out new fare gates
Published Fri, 01 Nov 2024 20:26:44 GMT
(KRON) -- BART will be installing new gates later this year aimed to cut down on fare evasion. The new gates will first be rolled out at the West Oakland Station in December. The transit agency announced this week they were awarded the contract for nearly 800 new fare gates. The goal is to not only deter fare evasion but to improve access. The $90 million project is being paid for by county, federal and state funds along with BART. People in Hawaii flee into ocean to escape wildfires that are burning a popular Maui tourist town “We know BART loses millions of dollars to fare evasion and at the same time we do offer low income discounts and discounts for youth,” said Alicia Trost BART Chief Communications Officer. "But we do charge a fare and we need people to pay their fares especially as remote work is so popular and we’re trying to get more and more people to take BART for other reasons than a work commute."BART will study how the new gates work this December. Half of...Bay Area program offering gift cards for addicts to stay off meth
Published Fri, 01 Nov 2024 20:26:44 GMT
(KRON) -- A pilot program aims to help people struggling with drug addictions. Starting in a few weeks, Santa Clara County will give gift cards to people addicted to methamphetamine if they can stay clean for at least two months. A new initiative launched by the State of California and piloted in multiple counties will give gift cards to drug users if they test negative for methamphetamine every week.“It incrementally goes up the first week. It's $10 each time. So up to $20. And then it incrementally goes up. The max they can get over the 24 week period is $599,” said Tammy Ramsey, Substance Use Service program manager. ‘I want a ride’: Investigation on San Jose Pink Poodle strip club scandal released Ramsey says participants won’t be allowed to buy alcohol, tobacco or lottery tickets with their gift cards but can shop at a variety of stores including Walmart, Nike and Home Depot. “The intent of the program is positive reinforcement. So the whole concept of it is you ar...Liberan a la enfermera estadounidense y a su hija tras ser secuestradas en Haití
Published Fri, 01 Nov 2024 20:26:44 GMT
(CNN) — La enfermera estadounidense Alix Dorsainvil y su hija fueron liberadas tras ser secuestradas en Haití, según un comunicado de la organización El Roi Haiti, para la que trabaja Dorsainvil.“Con un corazón lleno de gratitud y una inmensa alegría, en El Roi Haiti confirmamos la liberación segura de Alix Dorsainvil, miembro de nuestro personal y amiga, y de su hija, que estaban secuestradas en Puerto Príncipe, Haití. Hoy alabamos a Dios por la respuesta a la oración”, dice el comunicado.La organización pidió que nadie se pusiera en contacto con Dorsainvil o su familia, “todavía hay mucho que procesar y sanar de esta situación”, dice el comunicado.Dorsainvil y su hija fueron secuestradas en el ministerio comunitario El Roi Haiti, donde ella trabaja en Puerto Príncipe.La Policía Nacional de Haití dijo este miércoles a CNN que no puede hacer comentarios sobre el asunto porque todavía está investigando el caso.CNN se ha puesto en contacto con el Departam...Wolves hires O’Neil as manager to replace Lopetegui days before new Premier League season
Published Fri, 01 Nov 2024 20:26:44 GMT
WOLVERHAMPTON, England (AP) — Wolverhampton hired Gary O’Neil as its manager on Wednesday in a speedy response to the departure of Julen Lopetegui just days before the start of the new Premier League season.O’Neil returns to the English top flight seven weeks after being released by Bournemouth, despite defying expectations by keeping the south-coast team in the Premier League.The 40-year-old O’Neil replaces Lopetegui, the former Spain and Real Madrid coach who left Wolves on Tuesday because of a breakdown in his relationship with club officials amid its reported financial problems.Wolves’ first game in the Premier League, which opens on Friday with Burnley vs. Manchester City, is at Manchester United on Monday.“He’s a highly motivated young coach with strong principles and very well thought of by everyone he has worked with, and we’re excited to see what we can achieve together at Wolves,” sporting director Matt Hobbs said of O’Neil, who has signed a t...Thousands of new homes are needed in Tysons as population surges
Published Fri, 01 Nov 2024 20:26:44 GMT
A Northern Virginia town where some of us might go to hit the mall is proving to be an attractive place to live.A new study shows Tysons, Virginia, is going to need more housing in the next couple of years to keep pace.To accommodate population growth, Tysons will need to add 4,400 housing options in the next decade, according to a recent study released by the Tysons Community Alliance.The market study showed the town has grown by 17% since 2015 and can expect around 15,000 more residents by 2030, putting its population just shy of 45,000 people.Tysons’ household growth rate increased to 4% annually between 2015 and 2021. This is four times the Fairfax County average and two-and-a-half times the regional average.“Tysons is no longer just a place to shop and go to work,” said Providence District Supervisor Dalia Palchik in a statement.“The addition of Metro and now the completion of the Silver Line, investment in parks and public amenities, as well as the construction of bike trails,...Fall leaves set to be more colorful than usual
Published Fri, 01 Nov 2024 20:26:44 GMT
DENVER (KDVR) -- It's almost time for the leaves to start changing colors, and this year will be extra special. FOX31 spoke with an arborist who expects the leaves to be more vibrant than ever. "This is going to be one of the most colorful seasons I've seen in 20 years," said Jonathan Raleigh, a certified arborist at SavATree. Why do leaves change color? The color of the leaves will be different than in other years because it's of the rainiest years in Colorado, said Raleigh. According to FOX31's meteorologist Travis Michels, Denver collected 17.7 inches of rain for the first half of the year and expects it to be one of the top 10 wettest years in Colorado if the precipitation continues. The amount of rain affects the leaves because, with more moisture, there's more growth."With the extra moisture, it brings up more nutrients from the root zone that enhance the fall colors. Trees are fuller and healthier with the proper watering so they will have better fall foliage," said Raleig...Caught on camera: Boat falls off trailer, blocks traffic on interstate
Published Fri, 01 Nov 2024 20:26:44 GMT
DENVER (KDVR) — A boat caused quite a traffic jam Wednesday morning when it came off of a trailer and stopped in the middle of Interstate 25.At 5:07 a.m., the Colorado State Patrol received a call about a boat blocking traffic. An 18-year-old was driving a black Dodge truck that was pulling a trailer and heading northbound on I-25 near Fort Collins.According to CSP, the truck hit a bump that was marked with a temporary sign near Harmony Road at exit 265. The boat then came off the trailer and landed in the left lane of the interstate. Driving school employee accidentally drives into building SkyFOX flew over the scene where heavy machinery was brought in to move the boat, which was laying horizontal, to the far edge of the highway. Multiple cars going northbound were backed up while they waited for the boat to be moved.Crews worked quickly, and the boat was cleared shortly after 7 a.m.CSP said no injuries were reported and no other vehicles were damaged.Latest news
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