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Treasury Secretary Yellen: No federal bailout for collapsed Silicon Valley Bank

Published Wed, 26 Feb 2025 14:03:09 GMT

By CHRIS MEGERIAN (Associated Press)WILMINGTON, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.The Federal Deposit Insurance Corporation insures deposits up to $250,000, but many of the companies and wealthy people who used the bank — known for its relationships with technology startups and venture capital — had more than that amount in their account. There are fears that some workers across the country won’t receive their paychecks.Yellen, in an interview with CBS’ “Face the Nation,” provided few details on the government’s next steps. But she emphasized that the situation was much different from the financial crisis almost 15 years ago, which led to bank bailouts to protect the industry.“We’re not going to do that again,” she said. “But we are concerned about depositors, and we’re focused on trying to meet their needs.”With Wall Street ...

Eight dead, seven missing after boat capsizes off San Diego coast

Published Wed, 26 Feb 2025 14:03:09 GMT

SAN DIEGO, Calif. (AP) — At least eight people were killed when two suspected smuggling boats approached a San Diego beach and one capsized, and crews are searching Sunday for an estimated seven additional victims, authorities said. Gov. Newsom works with federal government after fall of Silicon Valley Bank A woman on one of the panga-style boats called 911 late Saturday to report that the other vessel had overturned in waves off Blacks Beach, according to U.S. Coast Guard Petty Officer Richard Brahm.“The woman who called stated that the boat that overturned had 15 people on it, but that was just an estimate,” Brahm said.Coast Guard and San Diego Fire-Rescue crews pulled eight bodies from the water, but thick fog hampered the search for additional victims. A Coast Guard cutter combed the area early Sunday, and officials hoped to get helicopters in the air when weather improves, Brahm said.Daniel Eddy, San Diego Fire-Rescue’s deputy chief of operations, said there was a long debris...

Doan grabs late winner for Freiburg to leave Hoffenheim last

Published Wed, 26 Feb 2025 14:03:09 GMT

BERLIN (AP) — Japan midfielder Ritsu Doan struck late for Freiburg to beat Hoffenheim 2-1 on Sunday and leave American coach Pellegrino Matarazzo’s team bottom of the Bundesliga. It was Matarazzo‘s fifth defeat in five games since taking over as Hoffenheim coach and it stretched the team’s winless run to 14 games. The visitors got off to a terrible start with Maximilian Eggestein scoring for Freiburg in the fifth minute. Hoffenheim struggled to break through Freiburg’s well-organized defense but finally saw its persistence rewarded when Munas Dabbur set up Angelo Stiller to equalize after the break. Matarazzo brought on attacking players with 15 minutes remaining as he went for the win, then saw defender Ozan Kabak sent off with his second yellow card for knocking the ball away in the 84th. There was still time for Doan to score with a volley of Noah Weißhaupt’s cross in the 89th. The win lifted Freiburg to fourth place. Union Berlin was a point behind before its game later at Wolfs...

Government: Gunmen in north Nigeria kill at least 16 people

Published Wed, 26 Feb 2025 14:03:09 GMT

ABUJA, Nigeria (AP) — Gunmen killed at least 16 people during an attack in northwest Nigeria, the government said Sunday.The assailants stormed the Zangon Kataf Local Government Area in Kaduna state and opened fire Saturday after a confrontation with police at a checkpoint, Yabo Ephraim, a spokesperson for the local government told The Associated Press.Authorities imposed a curfew in the area after the attack.The attackers were ethnic Fulani, a group of mostly nomadic pastoralists who have been embroiled in a long conflict with farmers over limited access to water and land, Ephraim said.Before the shootings, a fight had broken out between some villagers and a small group of Fulani men. The latter left the scene and later returned in larger numbers with guns and machetes, the government spokesperson said.“They were strategically stationed at certain places and began to open fire in the community. They chased them even right into their homes. Wherever you are hiding, they will s...

¿Qué sabemos de la segunda temporada de “The Last of Us” de HBO?

Published Wed, 26 Feb 2025 14:03:09 GMT

(CNN Español) — Hasta el momento, “The Last of Us” nos ha entregado nueve episodios en una primera temporada que ha sido aclamada por la crítica y por los espectadores en general.Sin embargo, la temporada inicial llegará a su fin este domingo 12 de marzo, el décimo capítulo de la serie se emitirá en HBO y su servicio de streaming, HBO Max, con lo cual acabará esta primera parte.(HBO es parte de Warner Bros. Discovery, empresa matriz de CNN).¿Tendremos una segunda temporada para seguir el viaje apocalíptico de Joel (Pedro Pascal) y Ellie (Bella Ramsey)?¿Quiénes son los personajes de “The Last of Us”? Conoce a cada uno y sus historias dentro de la serie¿Qué sabemos de la segunda temporada de “The Last of Us”?La serie tuvo grandes números desde el primer capítulo, que se emitió el pasado 15 de enero.Ese episodio, llamado ‘Cuando estés perdido en la oscuridad’, “se convirtió en el lanzamiento más visto de HBO Max en Latinoaméri...

Flyers interim GM Briere believes franchise needs a rebuild

Published Wed, 26 Feb 2025 14:03:09 GMT

PHILADELPHIA (AP) — Danny Briere is not reluctant to say the word his predecessor willfully avoided when plotting the best course for the forlorn Flyers: rebuilding.Briere knows the Flyers are a mess — the depressed state of the team a topic former general manager Chuck Fletcher rarely addressed head-on — and is using what time he has as the interim GM to show he’s the right person to fix them.That starts with the hard truth.“I don’t think this is a quick fix,” Briere said Sunday. “That’s my belief and that’s why I’m not afraid to use the word rebuild.”Briere was promoted to interim general manager on Friday and replaced Fletcher after he was fired following 4 1/2 seasons and only one playoff appearance. The Flyers have just 24 wins, their 59 points are third-fewest in the Eastern Conference and they will miss the playoffs for a third straight season.Yes, the record was abysmal, but what ultimately doomed Fletcher was his inability to settle on a true plan to turn the Flyers into a ...

Muere el rapero sudafricano Costa Titch después de que apareciera un video en el que se le veía desplomándose en el escenario

Published Wed, 26 Feb 2025 14:03:09 GMT

(CNN) — El rapero sudafricano Costa Titch falleció repentinamente este fin de semana, informó su familia en Instagram, horas después de presentarse en un festival de música.El músico, cuyo verdadero nombre es Constantinos Tsobanoglou, tenía 28 años.Las imágenes que circulan por las redes sociales parecen mostrar a Tsobanoglou cayendo sobre el escenario antes de ser levantado por alguien a su lado. A continuación, Tsobanoglou se levanta durante varios segundos antes de desplomarse.“Es con profundo dolor que nos vemos en la necesidad de reconocer su fallecimiento en este momento”, dijo la familia de Tsobanoglou en una publicación en su Instagram. “Estamos agradecidos con los socorristas y con todos los que estuvieron presentes en sus últimas horas”.El comunicado no mencionó la causa de la muerte.El festival donde actuaba, Ultra South Africa, dijo estar “devastado” por la muerte del joven rapero.“Costa era una voz estimulante en la escena...

West Ham out of EPL bottom 3 after 1-1 draw with Aston Villa

Published Wed, 26 Feb 2025 14:03:09 GMT

LONDON (AP) — Said Benrahma’s penalty earned West Ham a 1-1 draw with Aston Villa and lifted his team back out of the Premier League’s relegation zone on Sunday.The Hammers fell behind to Ollie Watkins’ header but Benrahma replied from the spot after Lucas Paqueta was fouled.West Ham started the day in the bottom three after Bournemouth’s stunning win over Liverpool on Saturday. A victory would have lifted the team into 14th place in a congested bottom half of the standings, but West Ham was unable to find a winner with striker Danny Ings drawing a blank against his old club.Nonetheless, a draw moved West Ham up to 17th, ahead of Bournemouth on goal difference, and stretched its unbeaten streak against midtable Villa to 10 matches going back to 2015.The Hammers are the only team in the top flight yet to score in the opening 15 minutes of a match this season, and that trend continued with Nayef Aguerd steering Declan Rice’s free kick wide and Benrahma volleying Jarr...

Roglič triumphs at Tirreno for winning return from injury

Published Wed, 26 Feb 2025 14:03:09 GMT

SAN BENEDETTO DEL TRONTO, Italy (AP) — Primož Roglič made a winning return to cycling as he triumphed at the week-long Tirreno-Adriatico race on Sunday for a fourth Slovenian victory in five editions of “The Race of the Two Seas.”It was Roglič’s first race of the season after the Jumbo-Visma rider underwent shoulder surgery last year.“It’s just nice to come back to racing this way. I really enjoyed the whole week,” Roglič said. “My teammates were super strong. “One week ago I was just expecting to suffer. It’s even better to win when it’s unexpected. It feels good ahead of the Giro d’Italia too.”After winning the previous three stages to build up a significant advantage, Roglič protected his lead and finished safely in the peloton on Sunday’s seventh leg to end the week-long race 18 seconds ahead of João Almeida of Portugal and 23 seconds ahead of British cyclist Tao Geoghegan Hart.Roglič won the Tirreno in 2019. Fellow Slovenian Tadej Pogačar won the two previous editio...

Gabriel Jesus back for Arsenal after injury during World Cup

Published Wed, 26 Feb 2025 14:03:09 GMT

LONDON (AP) — Brazil striker Gabriel Jesus has played for Arsenal for the first time since sustaining an injury during the World Cup.Jesus came on as a 77th-minute substitute in Arsenal’s 3-0 win at Fulham in the Premier League on Sunday.It was his first appearance since undergoing surgery on a medial collateral ligament injury on Dec. 6.Arsenal has hardly suffered in his absence, with the team still first in the Premier League and five points clear of Manchester City.Jesus joined from City in the offseason for 45 million pounds ($54 million). ___More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_SportsSource