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FDIC asks banks that want troubled First Republic Bank to submit bids by Sunday

Published Wed, 26 Feb 2025 05:52:32 GMT

Hannah Levitt, Katanga Johnson, Gillian Tan and Katherine Doherty(Bloomberg) — The Federal Deposit Insurance Corp. has asked banks including JPMorgan Chase & Co., PNC Financial Services Group Inc., US Bancorp and Bank of America Corp. to submit final bids for First Republic Bank by Sunday after gauging initial interest earlier in the week, according to people with knowledge of the matter.The regulator reached out to some banks late Thursday seeking indications of interest, including a proposed price and an estimated cost to the agency’s deposit insurance fund. Based on submissions received Friday, the regulator invited some of those firms and others to the next step in the bidding process, the people said, asking not to be named discussing the confidential talks.Spokespeople for JPMorgan, PNC, US Bancorp, Bank of America and the FDIC declined to comment. Bank of America is considering whether to proceed with a formal offer, one of the people said. Citizens Financial Group Inc. i...

NFL Draft: Monte Vista’s Jake Haener joins Fresno State alum Derek Carr in New Orleans

Published Wed, 26 Feb 2025 05:52:32 GMT

Jake Haener will have a familiar face in the New Orleans Saints quarterback room.Haener, the San Ramon Valley High product by way of Fresno State, was a fourth-round selection by the New Orleans Saints Saturday in the NFL Draft, No. 124 overall. He will compete to back up Derek Carr, another former Fresno State quarterback whom Haener considers a mentor.Haener told reporters in New Orleans he has used Carr as a “sounding board” over the years and that he spoke to Carr on the phone following the selection.“I’ve had a number of conversations with Derek. He told me if I never needed anything he’d be there for me,” Haener said. “He’s so excited to teach me some of the things he’s learned over the years.”Carr signed a four-year contract worth a maximum of $150 million with the Saints after being released following an eight-year career with the Raiders. At the NFL Scouting Combine, Haener talked about the “elite standard...

40 residents evacuated after crash causes downed power lines, broken gas line in Vallejo

Published Wed, 26 Feb 2025 05:52:32 GMT

VALLEJO, Calif. (KRON) – Forty people were evacuated after a car crashed into a building causing downed power lines early Saturday morning, according to the Vallejo Firefighters Association.  One dead after residential fire in SF’s Ingleside neighborhood At around 1:30 a.m., firefighters responded to the scene of a vehicle that had crashed into a building. The crash caused downed power lines and a broken gas line threatening a nearby mobile home park, officials said. KRON On is streaming news live now.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }Forty residents from the mobile home park were temporarily evacuated. Vallejo fire and Vallejo police coordinated together to resolve the issue.The cause of the crash is currently unknown at this time. 

Roma and Milan draw 1-1 after goals in stoppage time

Published Wed, 26 Feb 2025 05:52:32 GMT

MILAN (AP) — Roma and AC Milan netted in stoppage time to draw 1-1 in Serie A, a result on Saturday that did neither any favors in a tight race for the Champions League qualifying spots.Tammy Abraham thought he secured a crucial win for Roma when he scored in the fourth minute of stoppage time with the first shot on target of the match.But Alexis Saelemaekers leveled three minutes later to leave Abraham shaking his head almost in disbelief.Fourth-placed Milan led Roma on goal difference. Head-to-head is the first tiebreaker but the sides are level after two late Roma goals helped it snatch a 2-2 draw at Milan in January. They are also level on goal difference.But Roma has eight goals less than Milan overall.Inter Milan can move level on points with a win over second-placed Lazio on Sunday. But Lazio needs the victory to prevent Napoli from clinching the title when it plays Salernitana later that day, in a match that was rescheduled from Saturday for security reasons.Late Saturday, s...

Forest Park graduate Chandler Zavala drafted in fourth round by Carolina Panthers

Published Wed, 26 Feb 2025 05:52:32 GMT

The Carolina Panthers selected Forest Park graduate Chandler Zavala in the fourth round of the 2023 NFL Draft Saturday.The offensive lineman was taken 114th overall. Carolina was one of the NFL teams Zavala took an official pre-draft visit to. He is the second local player ever drafted by Carolina. The other was Osbourn graduate Brandon Hogan, who also went in the fourth round in 2011.Zavala was scheduled to watch the draft with family and friends in Pittsburgh.Zavala was the first lineman selected by new head coach Frank Reich and his staff. The Panthers chose Alabama quarterback Bryce Young No. 1 overall Thursday followed by wide receiver Jonathan Mingo (Ole Miss wide receiver) in the second round and Oregon linebacker DJ Johnson in the third round.Zavala is expected to bolster a Carolina line that saw both its starting guards last season go down with injuries in the last game of the 2022 regular-season. Zavala will also be reunited with former N.C. State teammate Iken Ekwonu.Ekwo...

EEUU realiza exitosamente el primer desalojo de sus ciudadanos de la guerra de Sudán

Published Wed, 26 Feb 2025 05:52:32 GMT

WASHINGTON — Cientos de estadounidenses huyendo de dos semanas de combates mortales en Sudán, llegaron el sábado al puerto del país africano en el primer desalojo operado por Estados Unidos, tras completar la peligrosa travesía terrestre escoltados por drones armados.Aeronaves no tripuladas estadounidenses, que durante días han observado las rutas de desalojo terrestre, proporcionaron vigilancia armada a un autobús que trasladaba entre 200 y 300 estadounidenses a lo largo de 500 millas (800 kilómetros) a Puerto Sudán, un lugar de relativa seguridad, informaron funcionarios estadounidenses.Estados Unidos, que no tenía funcionarios en tierra para el desalojo, ha sido criticado por los familiares de los estadounidenses atrapados en Sudán por inicialmente descartar cualquier evacuación operada por Estados Unidos de los 16,000 estadounidenses que se calcula que están en Sudán y quieren salir. Sumergidos en el terror: miles evacúan Sudán, mientras otros buscan refugio ...

Stars moving on, motivated by payback for hit on Pavelski

Published Wed, 26 Feb 2025 05:52:32 GMT

Dallas got the best payback against the Wild for their hit on Joe Pavelski in the series opener. The Stars are going to the second round of the NHL playoffs.“The immediate reaction of your group is everyone wants revenge,” first-year Stars coach Pete DeBoer said. “We wanted to try and get the temperature down on that, as quickly as we could, and get our focus back. The best thing we could do for Pavs is win the series and let him play again.”Their 38-year-old center will get to do that, against either Colorado or Seattle, after the Stars wrapped up their series with a 4-1 win in Game 6 Friday night in Minnesota.“Go back to my third-line duties now,” veteran center Tyler Seguin said after his four power-play goals in the series. Once Pavelski went into concussion protocol after Game 1, Seguin joined the top line with Roope Hintz and Jason Robertson in the series against the Wild. The only Stars player who has won a Stanley Cup, Seguin also had a more prominent role on the power play....

Dean Kremer’s struggles continue as Orioles drop doubleheader opener to Tigers, 7-4

Published Wed, 26 Feb 2025 05:52:32 GMT

Dean Kremer allowed three earned runs or fewer in his final 10 outings of a breakout 2022 season. His search for that level of consistency continued Saturday.In the Orioles’ 7-4 loss to open a doubleheader with the Detroit Tigers, Kremer gave up five runs and a career-high 11 hits in five innings. In five of his six starts, he has allowed at least four earned runs and now has a 6.67 ERA despite all but one of his outings coming against teams that entered Saturday with losing records.“So far, it’s been frustrating,” Kremer said. “I feel like my stuff is continuously getting better, command of it also slowly getting better, but just got to find a way to miss more barrels.”Those struggles now include the Tigers (10-15), who the Orioles (17-9) had beaten in each of their first four matchups. Detroit went to work early on ending that skid, scoring a run and loading the bases on a walk and three hits softer than 71 mph, the last of which was a slow roll...

NFL draft tracker: Ravens add Stanford CB Kyu Blu Kelly, Ole Miss edge rusher Tavius Robinson on Day 3

Published Wed, 26 Feb 2025 05:52:32 GMT

The Ravens entered the final day of the NFL draft on Saturday with three picks — Nos. 124 (fourth round), 157 (fifth round) and 199 (sixth round). Here’s a look at whom they’ve taken.No. 157: Stanford CB Kyu Blu KellyThe Ravens have a cornerback.With the 157th overall pick, Baltimore selected Stanford’s Kyu Blu Kelly on Saturday.The 6-foot, 191-pound defensive back is the son of former Tampa Bay Buccaneers cornerback Brian Kelly and a two-time All-Pac-12 second-team selection. In 2021, he led the conference with 13 passes defensed and added two interceptions and a forced fumble while recording 58 tackles.Last season, Kelly, a four-year starter, missed two games because of injury and finished with 35 tackles and six pass breakups. He ended his college career with 148 tackles, 26 passes defended and three interceptions.He’s far from the fastest cornerback in the draft, however, having run the 40-yard dash in 4.52 seconds. Kelly is also not the most physic...

Chicago Bears in the 2023 NFL draft: Day 3 begins with 4 picks, including offensive additions RB Roschon Johnson and WR Tyler Scott

Published Wed, 26 Feb 2025 05:52:32 GMT

Chicago Bears general manager Ryan Poles is off and running with his draft weekend to-do list, looking to improve a last-place roster and accelerate the team’s return toward playoff contention.In a demanding and busy offseason, Poles has expressed eagerness to do his heaviest lifting through the draft. That process began in Thursday night’s first round and will continue through Saturday evening.Bears remaining picks in 2023 NFL draftRound 7: Nos. 218 and 258As Poles and the Bears navigate the weekend, we will offer you a comprehensive look at each of the players the team selects.Catch up on our draft coverageBears trade down again and select Tennessee offensive tackle Darnell Wright with the No. 10 pick in the NFL draftColumn: Drafting Darnell Wright the latest item on the checklist so the Bears can better evaluate Justin FieldsDay 2 of NFL draft: Chicago Bears GM Ryan Poles hits the defense with pair of DTs and CB Tyrique StevensonColumn: After passing on Jalen Carter, ...