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Is my money safe? What you need to know about bank failures

Published Wed, 26 Feb 2025 12:10:17 GMT

NEW YORK (AP) — The recent failures of Silicon Valley Bank and Signature Bank, which catered mostly to the tech industry, may have you worried about your money. They were the second- and third-biggest bank failures in U.S. history.It all started last week when too many depositors tried to withdraw their money from Silicon Valley Bank in Santa Clara, California. That’s known as a bank run. The bank had to sell treasury bonds and other securities at a steep loss and more people kept trying to withdraw money as word of the situation spread, causing the bank to fail. Regulators took control of New York-based Signature Bank soon after, saying it was necessary to protect depositors after too many people withdrew money.In response, regulators guaranteed all deposits at the two banks and created a program to help shield other banks to shield them from a run on deposits.Here’s what you need to know:IS MY MONEY SAFE?Yes, if your money is in a bank insured by the Federal Deposit In...

AP source: Texans agree to trade for guard Shaq Mason

Published Wed, 26 Feb 2025 12:10:17 GMT

TAMPA, Fla. (AP) — The Houston Texans have agreed to send the Tampa Bay Buccaneers a sixth-round draft pick for guard Shaq Mason and a seventh-round pick, a person familiar with the trade told The Associated Press on Tuesday.The person spoke on condition of anonymity because the deal can’t be announced until Wednesday.Mason started 18 games for the Buccaneers at right guard last season after spending his first seven years in New England.Mason gives the Texans another veteran presence on an offensive line that includes tackles Laremy Tunsil and Tytus Howard entering the final year of their contracts.On Monday, the Texans agreed on a deal with backup quarterback Case Keenum.The 29-year-old Mason has started 115 games in his eight seasons.Texans general manager Nick Caserio was New England’s director of player personnel when the team drafted Mason in the fourth round in 2015. ___AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFLSource

College Park Aviation Museum honors Harriet Quimby, first American woman to earn pilot license

Published Wed, 26 Feb 2025 12:10:17 GMT

toggle audio on and off change volume download audio WTOP's Jason Fraley previews College Park Aviation Museum tribute to Harriet Quimby (Part 1) $(function () { $('.wtop-audio-container .fa-play').on('click', function(){ var audio_filename = $('div.wtop-audio-file').data("mp3-url"); ga('send', 'event', 'Audio', 'play', audio_filename); }); }); Everyone knows the Wright Brothers, Amelia Earhart, Charles Lindbergh and Chuck Yeager, but you can’t write the history of aviation with Harriet Quimby.Not only was Quimby the first American woman to earn a pilot’s license, she was also the first woman in the world to fl...

Here are the 10 most wanted sex offenders in Colorado

Published Wed, 26 Feb 2025 12:10:17 GMT

DENVER (KDVR) -- The Colorado Bureau of Investigation says there are over 19,000 registered sex offenders in Centennial State.The CBI said 425 of the registered sex offenders are sexually violent predators. Alaska man arrested in 2006 Boulder County cold case murder "Most sex offenders engage in “crossover” behavior, i.e., when an offender acts outside of his or her usual deviant sexual interest. An offender may be caught for one type of offense but is at a higher risk to commit another type of offense involving a victim of a different age, gender, or race.," the CBI said on its website.Most wanted sex offendersThe CBI has a list of the 100 most wanted sex offenders in our state. Here are the top 10 on the list:1. Robert EgglestonRobert Eggleston, also known as Bobby, Eggman, and Red is the most wanted sex offender in Colorado. Cold case: Who murdered this 12-year-old paper boy in 1981? Eggleston has been convicted of sexual assault on a child.He is described as:White man55 yea...

Jeep Wranglers sell for almost 30% over MSRP around Denver

Published Wed, 26 Feb 2025 12:10:17 GMT

DENVER (KDVR) — In the Denver metro, mountain chic Jeep Wranglers sell for over $11,000 more than their suggested retail prices.Used vehicles were among the consumer items hardest hit by inflation. Those who can afford new vehicles are paying a premium, as well. Buyers across the nation are still willing to pay far above MSRP for a new vehicle, according to a new study. When will the car market return to normal? iSeeCars, an automotive search engine and research website, analyzed national auto sales to find how much consumers are paying above MSRP for new vehicles. The markup is less than it was last year, but buyers still paid 8.8% above MSRP in February 2023. Nationally, certain vehicles command the biggest markups. Broadly, consumers are willing to pay far above the asking price for two kinds of cars - luxury cruisers and Jeep Wranglers.A new Genesis GV70 has the nation's highest markup, with buyers paying an average of 27.5% over MSRP. Mercedes-Benz, Porsche, Cadillac and Lex...

Bill could enforce 'substance-free seating' at Colorado entertainment venues

Published Wed, 26 Feb 2025 12:10:17 GMT

DENVER (KDVR) — A new bill is being considered in the Senate, and if passed it would require "substance-free seating" at large Colorado concert, sports and entertainment venues. SB23-171 is also known as the "Large Entertainment Facility Substance-free Seating Requirement" bill and was introduced by Democratic Sen. Kevin Priola and Democratic Rep. Chris deGruy Kennedy on Feb. 27. According to the bill, if passed it would require an entertainment facility with a seating capacity of 7,000 or more to designate and enforce at least 4% of that seating as a substance-free area. The area cannot be limited to seats that are either higher or farther away from the activity. New bill could ban landlords from charging pet rent This means that places like Ball Arena, Coors Field and Red Rocks would have to make 4% of their seating substance-free.The bill defines substance-free as a seating area where the use of alcohol, electronic smoking, marijuana, tobacco and prohibited substances are ban...

Aventura PD issues traffic alert following pedestrian struck by Brightline train

Published Wed, 26 Feb 2025 12:10:17 GMT

A pedestrian was struck by a Brightline train near Biscayne Boulevard in Aventura, resulting in the closure of a section of the road. The Aventura Police Department has issued a traffic alert, urging motorists to use alternate routes until further notice.According to the authorities, the incident is affecting the southbound lanes of Biscayne Boulevard, between 199th Street and 195th Street. The collision between the pedestrian and the train led to a serious traffic hazard, prompting law enforcement officials to reduce the southbound lanes to a single lane.As a result of the incident, commuters in the area are advised to use alternate routes until the situation is resolved. The police have not yet released any details about the cause of the accident, and an investigation is currently underway.

‘Very traumatizing’: Loose pet monkey attacks woman outside of her home

Published Wed, 26 Feb 2025 12:10:17 GMT

(CNN) – An Oklahoma woman says she is traumatized after she was attacked by someone’s pet monkey, on her own front porch.Brittany Parker said she was sitting in her house when she saw the monkey on her front porch. “I was sitting here in this exact spot and I looked at the window and there was a monkey looking at me,” Parker said. “And I said oh my god, there is a monkey, and I took a second take and I said, there is a monkey on the front porch.”Parker said she was stunned. “He was trying to get into my house. The little button you push in on the screen door, he had broken it off. I was literally hanging onto my door trying to hold the door closed,” Parker said. Parker said she called the police and went outside when the officers got there. That’s when she was attacked. “He jumped up my back and landed on my head, got on my head and grabbed handfuls of hair and just ripped it out and then ripped my ear almost completely off...

DUP seeks changes to UK-EU deal on making Brexit work in Northern Ireland

Published Wed, 26 Feb 2025 12:10:17 GMT

DUBLIN — Democratic Unionist Party leader Jeffrey Donaldson sharpened his criticism of the U.K.-EU agreement on making post-Brexit trade rules work in Northern Ireland — but stopped short of an outright rejection.Tuesday’s statement came as Donaldson began four days of difficult diplomacy in Washington, where the DUP has few if any allies, in the run-up to St. Patrick’s Day festivities at the White House. The Biden administration has emphasized it wants Donaldson to end his party’s obstruction of power-sharing, the core goal of Northern Ireland’s U.S.-brokered peace deal achieved on Good Friday a quarter-century ago.But speaking before a series of meetings with congressional leaders on Capitol Hill, Donaldson said the Windsor Framework — jointly unveiled last month by U.K. Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen — “does not deal with some of the fundamental problems” and will “require further clarification, re-working and change.”While teete...

UK and Canada ‘break impasse’ on Indo-Pacific trade pact

Published Wed, 26 Feb 2025 12:10:17 GMT

LONDON — Britain’s trade chief Kemi Badenoch and her Canadian counterpart Mary Ng settled differences during a crunch lunch Tuesday in a move that bodes well for the U.K.’s post-Brexit hopes of joining a key Indo-Pacific trade bloc.Ng and Badenoch “tackled some of the remaining issues” and are “now wrapping up final negotiations” on market access, a senior Canadian official told POLITICO. This, they said, “breaks [an] impasse with the U.K. on CPTPP negotiations.”The details of the settlement between Canada and the U.K. are being closely held. The U.K. government declined to comment on live negotiations.But the crunch talks come after the U.K.’s negotiations to join the 11-nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc soured in Vietnam earlier this month amid a row over agricultural market access.Canada blocked an agreement in principle on Britain’s accession over the issue, four people confirme...