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Feds move to protect ‘all’ SVG deposits; Second bank, in New York, shuttered Sunday

Published Wed, 05 Mar 2025 01:33:37 GMT

No depositor will see a loss due to the collapse of one of the country’s largest banks, the Treasury and central bank said in a joint statement Sunday night in an attempt contain a burgeoning financial crisis that also saw authorities seize a second institution ahead of Monday’s market bell.“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth,” The Federal Reserve, Department of the Treasury and FDIC said in a Sunday statement.“Depositors will have access to all of their money starting Monday, March 13,” the statement continued. “No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”On Friday, ...

Red Sox Notebook: Alex Cora confirms Chris Sale won’t be Opening Day starter

Published Wed, 05 Mar 2025 01:33:37 GMT

Alex Cora isn’t ready to announce his Opening Day starting pitcher, but he eliminated one significant contender on Sunday.Ahead of a split-squad day against the Orioles and Yankees, the Red Sox manager told reporters that Chris Sale will not get the ball on March 30.Apparently, that’s been the plan all along, and he clued his pitcher in a while ago.“I decided that like a month and a half ago, when we had that conversation,” Cora told reporters, including MLB.com’s Ian Browne. “[Sale] knows already.”Instead, the skipper says there’s “a good chance” Corey Kluber takes the mound for Game 1 of 162. Based on the spring training rotation, that would put Sale in Game 2.Still, Sale getting the first start could’ve been a storybook beginning to what he hopes will be a stupendous comeback season.After his August 2010 debut, the veteran southpaw made five Opening Day starts in the first 10 years of his career, including 2018 and 2019 ...

Nor’easter to blast Massachusetts, dumping 12-plus inches of heavy snow in spots: ‘A pretty impressive snowstorm’

Published Wed, 05 Mar 2025 01:33:37 GMT

Old Man Winter is apparently wicked angry that clocks were springing forward over the weekend.So angry, in fact, that the season is serving up the strongest snowstorm of the winter during its final week.A powerful nor’easter is set to blast Massachusetts from Monday evening through Wednesday, dumping several inches of heavy wet snow as strong damaging winds howl across the region. Travel is expected to be very difficult, and power outages are a concern with this whopper of a storm.More than 12 inches of the tough-to-shovel snow is forecasted for parts of the Bay State, while the Boston-area could see a major difference in snowfall amounts within just miles. Logan Airport could get 4 inches of snow, while neighborhoods in the western part of the city may see more than 8 inches.“It’s certainly one of those classic nor’easters where the rain/snow line will be fun to figure out,” AccuWeather meteorologist Jake Sojda told the Herald on Sunday.“This doe...

Who wore what on the Academy Awards (not) red carpet

Published Wed, 05 Mar 2025 01:33:37 GMT

The red carpet got the pink slip from the 95th Academy Awards ceremony in Los Angeles Sunday, as show organizers opted for a champagne shade instead. Change can be good, but dirty footprints – even from celebs – are not. Good luck with that.Fortunately, fab Hollywood glam is always in style, and this year’s crop of nominees, presenters and assorted stars did not disappoint. Observe the A-llisters’ A game:Cate Blanchett arrives at the Oscars on Sunday, March 12, 2023, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)Michelle Yeoh arrives at the Oscars on Sunday, March 12, 2023, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)Stephanie HsuKerry CondonJenny Slate arrives at the Oscars on Sunday, March 12, 2023, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)Elizabeth Banks arrives at the Oscars on Sunday, March 12, 2023, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Inv...

Mets’ Starling Marte, Bryce Montes de Oca injured in 10-4 loss to Rays

Published Wed, 05 Mar 2025 01:33:37 GMT

After three relatively uneventful weeks, the injury bug hit Mets camp.Sunday afternoon, right-hander Bryce Montes de Oca, a bullpen hopeful, was removed from his outing against the Tampa Bay Rays at Clover Park with a forearm strain. The 26-year-old had been throwing 100 MPH in his previous outings and was struggling with his command and his velocity, which was down by about three ticks. Montes de Oca threw 27 pitches but only 11 for strikes and was charged with three earned runs, the first runs allowed by the 24-year-old in three Grapefruit League appearances.Outfielder Starling Marte was also hit on the head by a pitch in the Mets’ 10-4 loss, but tested negative for a concussion. He will be reevaluated Monday.Montes de Oca, an important pitching prospect, will undergo imaging on Monday. He previously had Tommy John surgery in high school which discouraged several teams from drafting the big righty. At 6-foot-7 with the ability to throw triple digit cutters with devastating b...

Driver crashes vehicle into home

Published Wed, 05 Mar 2025 01:33:37 GMT

SAN DIEGO -- A driver crashed a vehicle into the side of a house in Skyline Hills on Sunday, authorities said.The incident occurred around 1 a.m. on Jamacha Road when an individual, whose identity has not been released, lost control of a vehicle while driving, the San Diego Police Department confirmed to FOX 5. How to get on a waitlist for affordable housing in San Diego The person behind the wheel was reported to be a neighbor to the residents who occupied the home that was struck, according to SDPD.No serious injuries were reported; however, police said San Diego Gas & Electric officials were called to the residence, along with a city inspector, to assess the scene before the car was removed from the home.SDPD did not say whether alcohol or drugs were suspected to be a factor in the crash. They also did not confirm if there was a medically related incident ahead of the driver losing control of the vehicle. An investigation into the incident is ongoing and the monetary amoun...

Irish pubs in San Diego hosting St. Patrick's Day celebrations

Published Wed, 05 Mar 2025 01:33:37 GMT

SAN DIEGO -- With St. Patrick's Day approaching, there's no better time than now to start mapping out how you plan to celebrate the culture of the Irish. The good news is there are several spots in San Diego that will be pouring Irish stouts and serving up Irish fare in honor of the occasion. 8 noteworthy Asian markets in San Diego FOX 5 has compiled a list of Irish pubs in San Diego where locals and visitors can gather to clink their glasses and say "Sláinte!" this holiday -- and we're not "talking a load of blarney."The Field Irish PubIf you are aiming for authentic, this century pub was shipped piece by piece from Ireland and relocated in the heart of San Diego's Historic Gaslamp Quarter, said business owner Daniel Drayne. With an "old Irish" vibe, guests can enjoy a the classics like shepherd's pie, corned beef and cabbage, fish and chips paired with none other than a draft Guinness. Will it be the chips and chips or shepherd's pie? This image shows those delicious choices f...

Canada opens WBC with chaotic, mercy-rule win over Great Britain

Published Wed, 05 Mar 2025 01:33:37 GMT

PHOENIX – Teams line up rosters and map games out based on expectations of what should happen in the World Baseball Classic at their own peril. Time and again this tournament takes small-sample-size randomness and multiplies it by spring-training variance to produce utter chaos. As a result, the best laid plans don’t get torn up, they get shredded and burned with the ashes tossed into the wind.That’s how you get, for instance, Ondrej Satoria, an electrician by day who tosses high-70s slop by night, striking out once-in-a-lifetime talent Shohei Ohtani for the Czech Republic. Or the wild five-way tie in Pool A decided by the best quotient of fewest runs allowed divided by the number of defensive outs recorded. Or the hot mess that was Canada’s 18-8 mercy-rule victory over Great Britain on Sunday afternoon, quite possibly the best worst game you’ve ever seen.Nothing other than the end result went according to plan for the Canadians, who had to steel themselves through a Gong Show game ...

Stars arrive at Oscars looking to snap back after The Slap

Published Wed, 05 Mar 2025 01:33:37 GMT

LOS ANGELES (AP) — A year after Will Smith strode on stage at the Dolby Theatre and slapped Chris Rock in the face, the Oscars are reconvening Sunday for a ceremony that will try to move past one of the most infamous moments in Academy Awards history. Stars are streaming down the red carpet — or, this year, the champagne-colored carpet — at the Dolby in Los Angeles. After several days of rain in and around Los Angeles, the sun is out again for a ceremony the Academy Awards are hoping is less stormy than last year.James Hong, co-star of best-picture favorite “Everything Everywhere All at Once” arrived with googly eyes on his tie, a reference to one of the film’s absurdist props. “It shows if you wait long enough, you’ll make it,” the 94-year-old Hong told ABC on the carpet. Some arrived already knowing their chances of winning were slim.“We’re going to lose tonight against a liar called ‘Pinocchio,‘” Antonio Banderas joked on the Oscars carpet. Banderas’ voices the main c...

US government moves to stop potential banking crisis

Published Wed, 05 Mar 2025 01:33:37 GMT

NEW YORK (AP) — The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly.The announcement came amid fears that the factors that caused the Santa Clara, California-based bank to fail could spread, and only hours before trading began in Asia. Regulators had worked all weekend to try and come up with a buyer for the bank, which was the second largest bank failure in history. Those efforts appeared to have failed as of Sunday. In a sign of quickly the financial bleeding was occurring, regulators announced that New York-based Signature Bank had failed and was being seized on Sunday. At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.The Treasury Department, Federal Reserve and FDIC said Sunday that all Silicon Valley Bank clients will be prote...