NORTH PLAINS, Ore. (AP) — Aaron Nichols walked past rows of kale growing on his farm, his knee-high brown rubber boots speckled with some of the richest soil on earth, and gazed with concern toward fields in the distance. Just over the horizon loomed a gigantic building of the semiconductor ...
CHICAGO (AP) — Ken Kunz used to know everyone in the North Side Chicago neighborhood where he’s lived for more than 40 years. But crossing paths with old friends is rare these days because longtime residents have been pushed out by new development and soaring property taxes. When they do ...
Horse racing’s efforts to clean up the sport and level the playing field take another step forward Monday with the launch of a new anti-doping program. It’s an attempt to centralize the drug testing of racehorses and manage the results, as well as dole out uniform penalties to horses and trainers instead of the current patchwork rules that vary from state to state. The Horseracing Integrity and Safety Act (HISA) was created by the federal government nearly three years ago. It has two programs: racetrack safety, which went into effect in July, and anti-doping and medication ...
WASHINGTON (AP) — Leaders of the Senate’s banking committee on Thursday warned former chief executive officers at the failed Silicon Valley Bank and Signature Bank that they expect them to testify before the panel, saying in a letter to each: “you must answer for the bank’s ...
(AP) — Shares of First Republic Bank fell another 47% Monday as investors remain uneasy about the bank's financial condition even after a group of the nation's largest financial institutions teamed up on a $30 billion rescue package. Trading in First Republic shares was halted numerous times due to the volatility. The shares have dropped around 88% in the past two weeks. First Republic Bank received a $30 billion rescue package from 11 of the biggest U.S. banks last week in an effort to prevent its collapse. Over the weekend, the bank's credit rating was downgraded by S&P Global ...
WASHINGTON (AP) — A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen told the Senate Finance Committee on Thursday that the nation’s banking system “remains sound” and Americans “can feel confident” about their deposits. Her remarks, coming against the backdrop of deepening concerns about the health of the global financial system, were an effort to signal to markets that there would be no broader contagion from the collapse of Silicon Valley Bank in California and Signature Bank in New York. Facing fierce questioning by ...
