At least eight people have died after two boats capsized near the shore of Black’s Beach in San Diego County, California. Rescuers responded to the scene and found eight victims in the water, but were unable to access the beach due to the high tide. The cause of the incident is still under investigation and the San Diego Fire-Rescue Department has offered its condolences to the families of the victims.
Posts tagged as “California”
Treasury Secretary Janet Yellen Rules Out Federal Bailout for Silicon Valley Bank Following Collapse
Treasury Secretary Janet Yellen Rules Out Federal Bailout for Silicon Valley Bank Following Collapse
Treasury Secretary Janet Yellen has ruled out a federal bailout for Silicon Valley Bank following its collapse, and Shalanda Young, the director of the White House Office of Management and Budget, has stressed that the US banking system is more resilient now due to reforms. Rep. Ro Khanna of California has urged the Biden administration to take "decisive action" to protect depositors and ensure access to accounts Monday morning.
Key takeaways: The Federal Deposit Insurance Corporation (FDIC) is responsible for insuring deposits up to $250,000. Treasury Secretary Janet Yellen said the federal government would…
Residents of a Northern California agricultural community were forced to evacuate after the Pajaro River's levee was breached by flooding from an atmospheric river. This storm is the second to hit the state in the past few days, bringing heavy rain, mountain snow, and the threat of more flooding to northern and central California. Emergency personnel are working to secure the area and protect residents from the flooding, with 15 million people under flood watches in California and Nevada.
Key takeaways: Silicon Valley Bank suddenly shut down, leaving businesses and workers around the world scrambling to figure out how to manage their finances. Governor…
Residents of California are bracing for a prolonged period of light to moderate rainfall this weekend, following a powerful atmospheric river event that caused flooding and forced many to flee their homes. The release of water from Lake Oroville is a precautionary measure against possible spillover and flooding, and is the latest in a winter weather whiplash for the state. Saturday is not expected to bring the same torrential rain as Friday, but the Weather Prediction Center has advised residents to take caution and prepare for the incoming rainfall.
Paul Flores was sentenced to 25 years to life in prison without parole on Friday for the 1996 murder of college student Kristin Smart. The case was thrust back into the public eye in 2019 with the launch of a podcast, prompting a renewed investigation by the San Luis Obispo County Sheriff’s Office. The sentencing of Flores marks a close to a nearly 27-year mystery, bringing closure to the Smart family and the community.
Paul Flores has been sentenced to 25 years to life in prison for the 1996 slaying of Kristin Smart, a college student whose body has never been found. The case has drawn worldwide attention for over 25 years, and the sentencing of Flores marks the culmination of the investigation. Smart was declared legally dead in 2002, but her remains have never been found.