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Will the government’s moves to stabilize banks work?

Published Wed, 26 Feb 2025 05:28:54 GMT

WASHINGTON (AP) — Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks is safe.It’s all eerily reminiscent of the financial meltdown that began with the bursting of the housing bubble 15 years ago. Yet the initial pace this time around seems even faster. Over the last three days, the U.S. seized the two financial institutions after a bank run on Silicon Valley Bank, based in Santa Clara, California. It was the largest bank failure since Washington Mutual went under in 2008. How did we get here? And will the steps the government unveiled over the weekend be enough? Here are some questions and answers about what has happened and why it matters: WHY DID SILICON VALLEY BANK FAIL? Silicon Valley Bank had already been hit hard by a rough patch for technology companies in recent months and the...

For Hill, a World Cup return to Manila was long time coming

Published Wed, 26 Feb 2025 05:28:54 GMT

The path for USA Basketball this summer on its way to the FIBA World Cup is set: from Las Vegas to Spain to Abu Dhabi to the Philippines.That’s a long journey. In Grant Hill’s case, taking the long way to Manila is symbolic, because his history with the Philippines started about three decades ago.Hill — now the managing director for USA Basketball’s men’s national team — went to the basketball-crazed country in the mid-1990s and knows how big the sport is there. Then a star for the Detroit Pistons, Hill was there to promote a shoe company; 30,000 people showed up to see him at a mall, his hotel needed special security and he still has a photograph showing him with one of his dining companions, former President Corazon Aquino.“The thing that was amazing was that she was an avid basketball fan,” Hill said Monday. “So, she knew about Detroit. She knew the Pistons. I mean, it was absolutely incredible. I just think the fans and the passion and the love of the game will be on full displa...

USA Today Baseball Coaches Poll

Published Wed, 26 Feb 2025 05:28:54 GMT

The USA TODAY Sports Top 25 baseball poll, with team’s RECORDS THROUGH SUNDAY, total points based on 25 for first place through one point for 25th, ranking in the last poll and first-place votes received in parentheses.RecordPtsPvs1. LSU (27)15-177112. Tennessee14-369323. Mississippi (1)14-267654. Florida15-362965. Wake Forest (2)15-262446. Arkansas13-259687. Louisville14-158478. Vanderbilt12-549199. Stanford10-5487310. Virginia14-14591111. East Carolina12-34471312. UCLA12-34311213. Oklahoma State14-34201414. South Carolina (1)16-12932015. Texas A&M12-42631916. Virginia Tech12-42581017. North Carolina State14-22341518. TCU9-62321619. Texas Tech14-32292120. North Carolina12-51951721. Florida State11-41512222. Alabama15-21371823. Campbell12-292NR24. Boston College12-280NR25. Southern Mississippi10-57824Dropped out: No. 22 Oregon State (11-4); No. 25 Auburn (12-3).Others receiving votes: Miami (Fla.) (10-6) 75; Oregon State (11-4) 66; Florida Gulf Coast (14-3) 54; UC Santa Ba...

Vidic withdraws candidacy for Serbian soccer president

Published Wed, 26 Feb 2025 05:28:54 GMT

BELGRADE, Serbia (AP) — Former Manchester United defender Nemanja Vidic on Monday withdrew his candidacy for president of the Serbian soccer federation, an organization which has often been accused of corruption, crime and political influence.The only remaining candidate for the position is former player and veteran Red Star Belgrade official Dragan Dzajic, who is believed to be close to the current populist Serbian government.“Our soccer faces big challenges,” the 41-year-old Vidic said after announcing his withdrawal. “Many things must and can be improved. My idea was and remains to assemble a team of top professionals who are able to solve these challenges.“Unfortunately, at every step of the way toward becoming the president of the (federation), it was made clear to me that we would not be given that chance.”Vidic, who had a highly successful career with Manchester United and served as the team’s captain, has faced a massive campaign against his candidacy.Serbian soccer is...

Una familia está recaudando a toda prisa US$ 2,5 millones para salvar a su hijo, que padece un trastorno neurológico raro que convierte a los bebés en “bombas de tiempo humanas”

Published Wed, 26 Feb 2025 05:28:54 GMT

Nota del editor: esta nota contiene una imagen de alguien sufriendo un ataque convulsivo.(CNN) — Mary Saladino pasa la mayor parte del día sosteniendo a su hijo en brazos mientras sufre convulsiones violentas, susurrándole mientras intenta frenéticamente salvarle la vida. Casi todos los días es testigo de cómo su bebé se tambalea al borde de la muerte, sin respirar y a menudo paralizado.Su hijo de 3 años, Henry, padece hemiplejía alternante de la infancia, o HAI, un raro trastorno neurológico cuyos pacientes son conocidos como “bombas de tiempo humanas”. En cualquier momento, Henry puede dejar de respirar, sufrir un ataque potencialmente mortal o quedar paralizado, y no hay forma de saber cuándo ocurrirá o si logrará sobrevivir al ataque.No existe tratamiento ni cura para la HAI, que afecta a una de cada millón de personas en todo el mundo, según la experta en HAI y neuróloga Dra. Kathryn Swoboda, y las familias de pacientes con esta impredecible enfermedad nunca d...

College Baseball Notebook: HRs in bunches for Bobcats’ Mora

Published Wed, 26 Feb 2025 05:28:54 GMT

It’s going to be hard for Texas State’s Chase Mora to top the first month of his college career.He became the first Division I freshman since 2015 to hit four home runs in a game, and he narrowly missed a fifth in the Bobcats’ 19-18 win over North Dakota State on Saturday.This is the same player who became the first in NCAA history to homer in his first three career plate appearances, doing it against Northwestern on Feb. 18-19.Mora’s big day against NDSU started with a three-run homer in the second inning. He hit a two-run homer in the third and a three-run blast in the fourth. After he flew out deep to left in the sixth, he slugged a solo shot in the eighth for his school record-tying ninth RBI. “That fourth at-bat I was trying for it, got out of my approach a little bit, got a curveball up and hooked it a little bit and didn’t get the result I wanted,” Mora said. “I kind of banged up myself (mentally) and went back to the dugout and flushed it....

Alaska man arrested in 2006 Boulder County cold case murder

Published Wed, 26 Feb 2025 05:28:54 GMT

BOULDER COUNTY, Colo. (KDVR) -- More than 16 years after a woman was found buried in a shallow grave, a man has been arrested in her murder.The Boulder County District Attorney's Office said John Angerer, 53, was arrested in Anchorage Alaska on a charge of second-degree murder. He is suspected of killing Angela Wilds in 2006. Cold case: Who murdered this 12-year-old paper boy in 1981? “I am glad that we were able move our investigation into the homicide of Angela Wilds forward. I am proud that our detectives didn’t give up on this cold case, we know Angela’s family has been waiting a long time for this day to come. Her family is in our thoughts as we take the next steps in the judicial process,” Boulder County Sheriff Curtis Johnson shared in a statement announcing the arrest.Timeline of the investigationOn June 4, 2006, the Boulder County Sheriff's Office said hikers found a decomposing body a few miles from Lyons in the South Saint Vrain Canyon.Deputies and detectives discovered...

13-year-old girl taken from Texas found in locked shed in NC, sheriff says

Published Wed, 26 Feb 2025 05:28:54 GMT

DAVIDSON COUNTY, N.C. (WGHP) — A 13-year-old girl allegedly abducted from Dallas, Texas, was found in a locked shed in North Carolina over the weekend, according to the sheriff's office. The Davidson County Sheriff's Office said Jorge Ivan Santos Camacho is accused of kidnapping the girl and taking her to North Carolina. On Friday around 6 p.m., the Davidson County Sheriff's Office was called by the Texas FBI about the missing 13-year-old. The sheriff's office said messages exchanged between Camacho and the girl on a chat app were consistent with grooming and enticement, and that he took her from her Dallas home. Camacho's vehicle was spotted on "camera activity" in Dallas near her home. Man killed daughter’s suspected stalker with moose antler, sheriff says Warrants allege that Camacho "took indecent liberties" with the girl and that she was kept where he was staying "with the intent that the 13-year-old female be held in sexual servitude." The girl was found locked in a shed lo...

Mexican president says his country safer than United States

Published Wed, 26 Feb 2025 05:28:54 GMT

MEXICO CITY (AP) — Mexico’s president claimed Monday that his country is safer than the United States, a week after two U.S. citizens were killed and two kidnapped and later rescued in the border city of Matamoros.President Andrés Manuel López Obrador said U.S. travel warnings and reports of violence in Mexico were the result of a conspiracy by conservative politicians and U.S. media outlets to smear his administration.Despite López Obrador’s assurances that Mexico was safe for travel, the FBI confirmed last week that three other women from the small Texas town of Peñitas have been missing in Mexico since late February.“Mexico is safer than the United States,” López Obrador said at his morning news briefing. “There is no problem in traveling safely in Mexico.”Mexico’s nationwide homicide rate is about 28 per 100,000 inhabitants. By comparison, the U.S. homicide rate is barely one-quarter as high, at around 7 per 100,000.The president brushed off continued concern over violence...

2 women robbed at gunpoint while vacationing in Miami

Published Wed, 26 Feb 2025 05:28:54 GMT

Two women vacationing in Miami are questioning whether or not they will return after, they said, they became victims of an armed robbery. Speaking with 7News, one of the victims said they were being driven home after a night out when they woke up outside a condo building with a gun pointed at their faces. “We came down here on vacation, I live in Holland,” Suhhai Casteallucceo said. Crime scene investigators could be seen taking photos of a gray Mercedes and questioning the women hours after the robbery. Casteallucceo said she and her friend went to a club with a man they had previously met in Miami. At the end of the night, Casteallucceo said, that man was supposed to give the two a lift back to their hotel. On the ride back, she fell asleep. “When I woke up, I saw a man with a gun in my face, and it was a terrible moment of my life,” Casteallucceo said.She said they were parked in front of a condo building on Northeast 15th Street, near the Venetian Causew...