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Regulators seize First Republic Bank, third bank to fail in two months

Published Wed, 26 Feb 2025 02:08:26 GMT

NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S.San Francisco-based First Republic is the third midsize bank to fail in two months. It has struggled since the collapse of Silicon Valley Bank and Signature Bank and investors and depositors had grown increasingly worried it might not survive because of its high amount of uninsured deposits and exposure to low interest rate loans.The Federal Deposit Insurance Corporation said early Monday that First Republic Bank’s 84 branches in eight states will reopen as branches of JPMorgan Chase Bank and depositors will have full access to all of their deposits. A guide to the latest banking crisis Regulators worked through the weekend to find a way forward before U.S. stock markets opened. Markets in many parts of the world were closed for May ...

GasBuddy: Albany prices continue to rise

Published Wed, 26 Feb 2025 02:08:26 GMT

ALBANY, N.Y. (NEWS10) -- Average gasoline prices in Albany have risen 1.2 cents per gallon in the last week, averaging $3.73/g on Monday, according to GasBuddy's survey of 546 stations in Albany. Prices in Albany are 24.6 cents per gallon higher than a month ago and stand 56.8 cents per gallon lower than a year ago. The national average price of diesel has fallen 5.3 cents in the last week and stands at $4.07 per gallon. Get the latest, news, weather, sports and community events delivered right to your inbox! According to GasBuddy price reports, the cheapest station in Albany was priced at $3.44/g on Sunday while the most expensive was $3.89/g, a difference of 45.0 cents per gallon. The lowest price in the state yesterday was $2.66/g while the highest was $4.15/g, a difference of $1.49/g.The national average price of gasoline has fallen 6.3 cents per gallon in the last week, averaging $3.58/g today. The national average is up 8.2 cents per gallon from a month ago and stands 59.6 c...

Siena Men's Tennis brings home first MAAC title

Published Wed, 26 Feb 2025 02:08:26 GMT

LOUDONVILLE, N.Y. (NEWS10) -- The Siena Men's Tennis team won the MAAC tournament championship for the first time in program history last weekend. The Saints defeated rival and top-seeded Fairfield to get the job done. Something head coach Jeff Osborn believes no one saw coming. Get the latest, news, weather, sports and community events delivered right to your inbox! “To come into the finals and win it 4-0, I don’t know if anybody would’ve predicted that, but the kids came focused that day, and you could see it right from the start,” Osborn said.The Saints overcame a 0-3 deficit in the semifinals and had to go through Quinnipiac and Fairfield, whom they lost to in the regular season. It's coach Osborns second title at Siena, and he said the road to get here was not easy."We’ve talked about this for the entire year," said Osborn. "We’ve had both these teams, we lost to both teams earlier in the season and you know we had Fairfield, we wanted Fairfield very badly I can tell you that...

Colorado mandates audit of halfway houses for first time in 20 years

Published Wed, 26 Feb 2025 02:08:26 GMT

Colorado’s halfway houses will get an independent financial audit for the first time in 20 years, after a ProPublica investigation found a lack of oversight contributes to a system where more people end up incarcerated than rehabilitated.A new state law directs Colorado’s Division of Criminal Justice to hire a third-party auditor to evaluate the finances of halfway houses every five years, including the costs imposed on residents of the facilities. The findings of the first audits will be presented to lawmakers by July 1, 2025.“The goal is to make sure (halfway house programs) are working the way they were intended and to evaluate if they have the funds to meet those expectations,” state Rep. Emily Sirota, a Denver Democrat who co-sponsored the bill, told ProPublica. “We need the necessary data to assess that.”There are three ways people typically arrive in Colorado’s halfway houses: Some are sentenced by a judge to community corrections in lieu of jail or prison; others are finishi...

Ask Amy: My dad is demanding I tell lies about our family

Published Wed, 26 Feb 2025 02:08:26 GMT

Dear Amy: Should I approve a false obituary going out on the internet?My serial cheater elderly dad moved in with his girlfriend (who is my age) and divorced my mom (who was dying of lymphoma).Dad showed up at our mother’s funeral and announced he was engaged to his girlfriend!He has now sent around a copy of an obit that says our mom was survived by her “husband.” He also demanded that I lie about other things.Within months of our mother’s death, he married the girlfriend. None of us kids showed up at the wedding, so they screamed at us. We were told to “straighten up and fly right” and from now on send Mother’s Day cards to her because we now have a new mother.We kids are all adults!I truly feel brain-dead.Should I just shut up and fake all the lies for family unity?GrievingDear Grieving: No. You shouldn’t fake anything.Your father seems to take up a lot of space. I suggest that you let his new wife provide the attention he seems to demand. He is her proble...

Sale closed in San Ramon: $1.8 million for a four-bedroom home

Published Wed, 26 Feb 2025 02:08:26 GMT

1151 Arrowfield Way – Google Street ViewA spacious house located in the 1100 block of Arrowfield Way in San Ramon has new owners. The 2,363-square-foot property, built in 2003, was sold on April 13, 2023, for $1,815,000, or $768 per square foot. The property features four bedrooms, three baths, an attached garage, and two parking spaces. It sits on a 5,350-square-foot lot.These nearby houses have also recently been sold:On Allanmere Drive, San Ramon, in June 2022, a 3,223-square-foot home was sold for $2,250,000, a price per square foot of $698. The home has 5 bedrooms and 4 bathrooms.A 3,223-square-foot home on the 1400 block of Allanmere Drive in San Ramon sold in September 2022, for $2,200,000, a price per square foot of $683. The home has 4 bedrooms and 3 bathrooms.In September 2022, a 3,223-square-foot home on Allanmere Drive in San Ramon sold for $2,129,000, a price per square foot of $661. The home has 4 bedrooms and 3 bathrooms. 

Harriette Cole: My husband has become insufferable about what we should eat

Published Wed, 26 Feb 2025 02:08:26 GMT

DEAR HARRIETTE: It took 20 years to get my husband to get a colonoscopy. Now he has done it, and all he seems to be able to do is harp on what we should and should not be eating. He read up about the benefits of having a clean colon and can’t stop talking about it.Of course it is smart to eat healthy, and I know that. What I can’t stand is his holier-than-thou attitude.I can’t tell you how often I tried to cut down on red meat in the past, only to have him demand more meat on the table. Now, all of a sudden, he realizes that this is a good idea.How can I have a better attitude about him waking up to healthy eating? Right now, I am fuming because he is demanding things I have encouraged him to do for years but, of course, with no acknowledgment of my prompts.Eat WellDEAR EAT WELL: Sometimes we don’t get credit when it is due. It often takes someone outside our immediate family or friend group to open our eyes to what should be obvious.Related ArticlesAdvice | ...

First Republic Bank seized, sold to JPMorgan Chase

Published Wed, 26 Feb 2025 02:08:26 GMT

NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S.San Francisco-based First Republic is the third midsize bank to fail in two months. It is the second-biggest bank failure in U.S. history, behind only Washington Mutual, which collapsed at the height of the 2008 financial crisis and was also taken over by JPMorgan.First Republic has struggled since the March collapses of Silicon Valley Bank and Signature Bank and investors and depositors had grown increasingly worried it might not survive because of its high amount of uninsured deposits and exposure to low interest rate loans. The Federal Deposit Insurance Corporation said early Monday that First Republic Bank’s 84 branches in eight states will reopen as branches of JPMorgan Chase Bank and depositors will have full access to all of their deposits.Regulators worked through the wee...

Padre cuya esposa e hijo están entre los 5 asesinados por un vecino en Cleveland, Texas, recuerda cómo se desarrolló la masacre

Published Wed, 26 Feb 2025 02:08:26 GMT

(CNN) — Todavía se está llevando a cabo una persecución masiva en Texas, que involucra a más de 250 agentes de la ley de más de una docena de agencias que buscan al hombre sospechoso de disparar y matar a cinco de sus vecinos, incluido un niño pequeño, después de que se le pidió que dejara de disparar su rifle cerca de su casa, dicen las autoridades.Wilson García le dijo a CNN que él y otras dos personas caminaron hasta la casa del sospechoso en Cleveland, Texas, el pasado viernes por la noche para pedirle que disparara su arma al otro lado de su patio porque los disparos ensordecedores estaban haciendo llorar al bebé de García.Pero el sospechoso, identificado por la policía como Francisco Oropesa, de 38 años, se negó, dijo García. La policía fue llamada cinco veces para reportar las actividades del vecino, dijo, pero cuando llegó a la escena, ya era demasiado tarde.Oropesa ya había entrado a la fuerza en la casa donde se alojaba el padre, disparándole primero a la esposa de G...

Al Jazeera says long-held correspondent released in Egypt

Published Wed, 26 Feb 2025 02:08:26 GMT

DUBAI, United Arab Emirates (AP) — The satellite news network Al Jazeera said Monday that a correspondent for one of its channels held in Egypt since 2019 has been released after nearly four years in pre-trial detention. The Qatar-funded network in Doha said that Hisham Abdel Aziz had been released. It offered no other details. Authorities in Egypt did not immediately acknowledge his release either. He was freed on Sunday, said Khaled el-Balshy, head of Egypt’s Journalists’ Union. His wife posted an image Sunday of Abdel Aziz online, thanking God for him. The network has said that Abdel Aziz was stopped at Cairo International Airport in June 2019 while he was traveling for a family trip. They say he was “subjected to enforced disappearance for around a month” before being found in custody. Al Jazeera long had been targeted by Cairo since the country’s 2013 military takeover that installed Gen. Abdel Fattah el-Sissi into the presidency. Egypt joined Bahrain, Saudi Arabia and th...