18 Burst results for "Bridge Bank"
AP News Radio
Parent of Silicon Valley Bank seeks bankruptcy protection
"SPV financial group no longer the parent company of Silicon Valley bank since the bank's seizure is filing for chapter 11 bankruptcy protection. Silicon Valley bank is now being run under the jurisdiction of the FDC as a so called bridge bank, and is not part of today's chapter 11 filing by SVB financial group. SVB capital, a venture capital and private credit fund platform, and SVB securities are regulated broker dealer are also not part of the bankruptcy. But the financial group, along with its CEO and chief financial officer, are the targets of a class action lawsuit that claims the company didn't disclose the risks that future interest rate increases would have on its business in
The Crypto Overnighter
"bridge bank" Discussed on The Crypto Overnighter
"Insurance corporation said that starting Monday morning depositors at Silicon Valley bank will be able to access their money completely. The FDIC confirmed that deposits had been successfully transferred to a new bridge bank. This new bank named Silicon Valley NA will be run by the FDIC. It will have regular business hours and customers have been automatically moved to this new bank. That's according to a statement released by the regulator on Monday. The FDIC stated that all depositors will receive their full funds. They also said that taxpayers won't incur any losses due to the bank resolution. On Sunday, banking regulators approved the transfers using provisions meant to safeguard the financial system from contagion. The FDIC became the receiver of the failing bank on Friday. They also appointed Tim Minneapolis as the CEO of Silicon Valley bank NA previously served as the president of blend labs and CEO of the federal national mortgage association. According to a recent filing, HSBC UK bank will acquire Silicon Valley bank UK for one pound. The filing disclosed that as of March 10th, SVB UK had loans worth approximately $6.6 billion and deposits worth approximately 8.1 billion. HSBC group CEO Noel Quinn expressed that the acquisition of Silicon Valley bank UK is a strategic move. Quinn said that it would strengthen their commercial banking franchise, enabling them to better serve innovative and fast growing firms. Particularly true in the technology
The Bad Crypto Podcast
"bridge bank" Discussed on The Bad Crypto Podcast
"Well, it's interesting because they were earlier this month. They started experiencing some financial problems, right? And I noticed this. There's a dude who's one of their main executives, who was the CFO of Lehman Brothers. Right. When they collapsed, right? Did you see that? I did. Moving from one failure to another, right? Yeah, and what was weird about it is Silicon Valley bank did not have a risk officer. And neither did Lehman Brothers. They literally Silicon Valley bank actually one of their things that they posted like about a week ago was them talking about their woke inclusion thing and how they were really focusing on, you know, helping trans people or something. I don't know, I don't remember the details of it, but it was like, you might have wanted to maybe focus on your risk management and putting your assets in places. And this really showcases the problem of fractional reserve banking because if I have a $1 million, I put that $1 million in the bank, well, what they can do is they can loan that out 9 times. Like, so the basically my $1 million to a bank turns into $10 million and loanable assets that they're creating money out of thin air. So whenever a bank run happens, which hasn't happened in America for the longest time, right? I mean, even we had stuff crashing in 2008, 2009. It was nothing like what was crashing before The Great Depression, right? When people were making huge bank runs and trying to get all their money out, well now, people are starting to see people are starting to learn Joel, why the traditional financial system is flawed. It benefits a few and basically it's not great for the rest of us. What they're saying here, the government is saying that no losses associated with the bailout will be borne by the taxpayer. But I don't understand how that's possible. When the government is run completely on taxes. How is that possible? Maybe I missed missing how this works here. Well, maybe it's, well, so you don't know. They print money out of thin air, right? I'm not sure exactly how the FDIC is set up. How do they get their funding to protect things? They're saying, oh, this is probably the stem going, hey, yeah. Taxpayers, you're not going to have to worry about okay. Okay, government says tech brand. It's just a misdirection is all this is. So they are building the FDIC federal deposit insurance corporation which is an independent corporation is creating a new bridge bank that I guess they will fund so that the Silicon Valley bank customers can access their funds and beginning this morning apparently that's going to happen. I don't know how they make that happen so quickly, but it's called the Silicon Valley bank NA operated by the FDIC. The FDIC named former Fannie Mae CEO, Tim mayopoulos, as the CEO of the bridge bank. Like, can this financial system be any more incestuous?
Bloomberg Radio New York
"bridge bank" Discussed on Bloomberg Radio New York
"There. People are thinking that it could be. How radio here, the white line moving up as a whisper number? Yeah. Crazy. Did they do whisper numbers like on average hourly earnings? Not on average hourly earnings, but I think they may do it on unemployment rate. Although that change is so little that it would kind of not be a drummer. We've heard a number of economists come on our show and say, really what's going to get the fed's attention is if we get a sub 100,000 print for several consecutive months. How far away are we from that? Is that something that the fed is looking at a sort of a line in the sand as well? I don't think they're looking at it as a line in the sand because at this point it's really about wages and wages pushing up incomes we saw for many years growth in the 200,000s range every month and no inflation. So it doesn't really matter so much the size as whether people are paying up to get those workers. How many workers do we need as a replacement level? 100,000 was sort of the view for a long time, but now David Wilcox our head of U.S. economics says 30,000 is already because the labor force has shrunk. You get a long way to go before you run into any kind of issue. That means that it was touching on some of that song Just the structure. But I've never heard that number. Ever in the Wilcox, by the way, folks is a horse. I mean, this guy's great deal. Yeah. Mind the case of real deal. It's going to stick with us. 30,000. The jobs number just around a corner Lisa 180. 9000. Keep an eye out for weather because ADP said their number was bad because of bad weather. Balloons over Montana. Yeah, exactly. Look out for the weather. It's going to get really cold. It is cold outside. Thank you. I know where Tom just goes. It's not cold. If it's not 1950, it doesn't care. Every single winter. Pretty much evergreen statement on a lot of every single winter. Your jobs report up next, little data, Jeff Rosenberg, Mike McKee, I'm deck. Bridge bank helps break through ideas actually break through
Bloomberg Radio New York
"bridge bank" Discussed on Bloomberg Radio New York
"Displays, and it just obviates the need to have a TV display. Just man deep understand what that'll mean for 90 day fiance. Yeah, exactly. You're going to have four or 5, 6 screens. On your headset. What's going to be on those screens? Well, and that's where you gaming. I'll get it. Okay. Take off our Bloomberg terminal, right? How much we appreciate having two panels. Imagine if you have tens of panels where you have launch pad and everything else, I think it could be an exciting experience, but somebody has to make sure that it's comforting to the eyes. It's something that is not tiring and right now the biggest problem. Have you ever gone to a trade show and actually done this? If you put I have to put on the glasses, but I can't put it for more than 5 minutes and I need something special to fit on top of my turban. Well, we know the turbine angle, buddy. Okay, an Iraq runner. If you guys, you guys are the adults at this. If you actually tried the metaverse, I have looked for gaming. I mean, people swear by it, those who can play concurrent games with their friends, et cetera. It's a great gaming experience because you go beyond the console constraints. And you can do a lot more when you're trying VR and AR type of experience. Is that available at all? Look, the technology evolves that's always the case of computing power. It's the only way to play it now or the main way to play it, meta. I think Roblox is the play Meadows. Roblox. And I lose a lot less money. There's something for the IRA, tumblr, some Roblox. If you want exposure to the metaverse, some Roblox, right? Unity. We'll put that in Tom's 401k. Put the surveillance cork in my mouth. Bending sing, thank you so much. Serious technical chops there. It'll be interesting to see, of course, is your Truman mentioned to us that we have Apple and Amazon tomorrow who probably won't mention the metaverse. Yeah, I would think. If they know what's good for them. We have a lot going on. We have important economic data at 10 a.m. at 9 45 as well. We've got a fed decides this afternoon. Onto some important earnings and jobs day on Friday. It is an extraordinary calendar for Bloomberg surveillance. Please stay with us. Bridge bank progressive presents adjusting to the suburbs. I never thought I'd care about gardening until I bought a house in the suburbs. But now I find myself in conversations about liquid fertilizer and I wonder, am I the fertilizer guy now? No, no way. Everyone knows the ratio between phosphorus and nitrogen, right
Bloomberg Radio New York
"bridge bank" Discussed on Bloomberg Radio New York
"Credit has moved over to the private side, which may be a bit more opaque. What are the risks as we see interest rates rise because it looks like a fence is going to keep raising all these for the time being, that there could be some cracks developed that we don't even understand fully in the private credit side. Well, once again, it's an informational issue. Who knows what is there? And I think one of the problems going all the way back to 2007 and O 8 that nobody really knew what the mortgage banks, the non regulated segment of the mortgage system health. And what the credit quality was. As rates rise and if they continue at a high level, there are the two impacts potentially on private credit. One is a higher level of defaults. And the second is the cost of funding goes up. So I returned to the idea of information and disclosure being critical at least to the government. Finally, roger 2022 was a rough year. I think it's fair to say for cryptocurrency. That was even before we had the FTX issue. Are we going to finally get that regulation of crypto in 2023? You know, I would certainly hope so admittedly it's a fiendishly difficult area to regulate, but I've got to be Frank and say that I regard the failure of Congress and the regulators to regulate crypto is just an abdication of responsibility, humpty dumpty is sitting on the wall and we shouldn't wait for humpty dumpty to fall. With the consequences, which the nursery rhyme explains. All the king's horses, even you maybe couldn't put it back together again. But finally, you mentioned Congress and the regulators. Do we need Congress to act? And the regulars do it on their own. I actually think it would be preferable if Congress would act because crypto does not readily fit into any of the existing regulatory schemes. And a more comprehensive approach would make more sense. But I think the regulators can't just keep waiting for Congress and a Congress fails that the regulators must step in. Raj, thank you so very much for being with us as Raj kohan of Sullivan Cromwell. Still ahead, bringing some rigor to the wild wild west of ESG investing. We'll hear from former Bank of America executive and Tom Monte about their new venture. That's coming up next on bounce the power on Bloomberg television and on radio. Bridge bank helps
Bloomberg Radio New York
"bridge bank" Discussed on Bloomberg Radio New York
"Those regulations look like? Because I've seen reporting, not just from our team here at Bloomberg, but from other organizations as well, that have really been they've been incredibly sad. Given that people have died as a result of overdoses or perhaps contraindications when it came to different medications. And it seems, in some cases, some companies having necessarily seen red flags when it came to addiction. Yeah, that's the remarkable thing is the exact same law that banned the sort of prescribing online before the public health crisis. Set out to create a special registration where the DEA would allow people to apply to be able to do this online, specifically for Suboxone and other treatments for opioid addiction. And the DA just never made those rules. So there was never a special registration created at all. So everybody, including the new companies we've been writing about this year and other people who have been doing other forms of telemedicine for the past decade are waiting on these rules and waiting and waiting and waiting. Do we have any sense as when we get somewhere on them? No, both OMB office management budget and the DEA punted when poly reached out to them for clarification on when those rules might just real quickly. I mean, not to get too deep into this, but are there loopholes for some of these companies? I mean, they're always seems to be loopholes where they can continue operating. Does one exist? Yeah, well, I mean, I think the biggest tailwind that they have going for them right now is that hundreds of thousands of people over the last two and a half years have started getting medications this way. And that just creates a lot of yeah, a lot of gravity to try to figure out a way to make it. Especially when it comes to rural communities, right? This is something we talked about a lot in COVID or during COVID when telehealth really kicked in and providing access to those who were often left out. Caleb, thank you so much. Really appreciate a stir by poly Moses. Caleb milby they're breaking it down. You can find that story. On the Bloomberg, we're coming back. We've got more right here on Bloomberg markets, Carol master Romain bostick, and Tim stenog. This is Bloomberg. Bridge bank
Bloomberg Radio New York
"bridge bank" Discussed on Bloomberg Radio New York
"Do it sort of gradually they put everything online at once. And so there's just a lot of options for the way people watch. Thanks again to both Ryan Chapin and Chris Paul Mary for joining the show coming up. We shipped to compensation for college athletes and NIL at straight ahead on the Bloomberg business of sports show from Bloomberg radio around the world. On the latest edition of the Bloomberg business week podcast, a conversation with Bloomberg businessweek senior editor Brett Beacon on the Bloomberg 50. I would say that the biggest theme that emerged is the tentacles really that the war in Ukraine had. So we have obviously volodymyr zelensky is on the list. But then when you start to look into other industries, you see people in the finance world like Dolly Singh, who is the architect of the sanctions regime against Putin. He's on our list. And then I would say it was also sort of hard to avoid what's going on in crypto and the crypto winter. So we had some familiar names like Serena Williams, who's raising money, including investing in some crypto stuff. People like Katie Han, and up until about a month ago, we thought we were going to have someone with the initials SPF on the list. But we ended up putting his replacement John rayon instead. My favorite, though, Brett is Bad Bunny. Yes. For those who are on Paul, explain that one to me. Reggae time, man. Oh, okay. There you go. Bad Bunny is kind of fascinating. You know, he sort of emerges in the pandemic from there's really sort of first recognized when he was a teen for his work on SoundCloud. And has been an incredibly prolific musician in the last couple of years. And that really culminated this year in him selling more tickets to concerts and having the number one album of the year when he had competition from some huge names Harry Styles Beyoncé, BTS, et cetera. So no one had a bigger tour this year and no one had a bigger album this year. Catch more of this and other conversations on today's Bloomberg businessweek podcast. Subscribe on Apple Spotify and anywhere else you get your podcasts. Plus listen anytime on Bloomberg dot com. The markets in some people were made to follow the instructions. We were made to make our own. To always measure twice and never cut corners. Unless of course, we've got a compound miter saw. Northern tool and equipment is a problem solvers Paradise. There's nothing we can't find, fix, or figure out together. We're made for this. Start solving your projects today at northern tool dot com. Focus every business day. The Bloomberg markets podcast with Paul Sweeney and Matt Miller. Are there some sectors that you want to have more or less exposure to? We've got to vaccinate the whole world a melis of the day's Wall Street action. What's the thought on apple here from Bloomberg intelligence, Bloomberg opinion and influential newsmaker. The bond market was the boss. Bloomberg markets with Paul Sweeney and Matt Miller. Subscribe today and Bloomberg radio dot com. The Bloomberg business app or iTunes. Bridge bank helps break through ideas actually break through and remains dedicated to providing financial solutions to the risk takers, the game changers and the disruptors, those committed to
Bloomberg Radio New York
"bridge bank" Discussed on Bloomberg Radio New York
"Sit back one day and go We work together we did a good job That's dedication Find out more at fatherhood dot gov Brought to you by the U.S. Department of Health and Human Services and the ad council From meme stocks to NFTs it can be hard to keep up with the latest investing trends One constant amid all this change is the challenge of finding the right income strategy Despite inflation and the potential of rates creeping up savings in bond yields are still near historic lows At global X ETFs our approach to this challenge looks beyond what you might have considered Visit global X ETFs dot com slash income to learn more That's global X ETFs dot com slash income Bridge bank helps break through ideas actually break through and remains dedicated to providing financial solutions to the risk takers The game changers and the disruptors those committed to making the world a better place Bridge bank has been providing financial solutions to technology and innovation companies from inception to IPO and beyond for over two decades through its national network of banking teams and offices bridge bank a division of western alliance bank member FDIC bridge bank be bold venture wisely From meme stocks to NFTs it can be hard to keep up with the latest investing trends One constant amid all this change is the challenge of finding the right income strategy Despite inflation and the potential of rates creeping up savings in bond yields are still near historic lows At global X ETFs our approach to this challenge looks beyond what you might have considered Visit global X ETFs dot com slash income to learn more That's global X ETFs dot com slash income It's 15 past the hour I'm being Schwartz with a look at global sports As the Liv golf championship series.
KQED Radio
"bridge bank" Discussed on KQED Radio
"2000 employees in the state ride hailing companies uber and lift, both based in San Francisco, have said they will pay legal fees for any drivers who are sued for taking a woman to an abortion clinic. Texas based dating APP Bumble said it will create a relief fund for people affected by the law. I'm Sarah Hussaini KQED news and there's more at kqed dot org. I'm Brian. What Support comes from Bridge Bank Division of Western Alliance Bank offering flexible financial solutions to entrepreneurs and the venture capital community support for NPR comes from to a 11 helps others futures their own could take a back seat to is dedicated to helping people pursue the retirement. They deserve. More at T i a dot org slash never run out and buy the listeners and members of KQED Joe has traffic at 806. Where we going, Joe, we're going to Lafayette and Highway 24 westbound. There's been a crash for about a half an hour now between Pleasantville Road and First Street, and it's still in the left lane. The backup is now on to 26 80, southbound through Walnut Creek and all the way back back to Concord to Slowdowns of merge together the usual one coming south from Concord. The Bay Bridge westbound before the island. Still reports of the crash there, possibly in the far right lane, adding to the back up all the way after the maze and in San Jose New problem. 85 northbound Almond Expressway crash might be in the left lane, Joe McConnell for KQED traffic support comes from European Sleep Works. KQED news Ahead at 8 22 the final days of the recall election. Voters are deciding if they want Governor Gavin Newsom to stay in office. We.
KQED Radio
"bridge bank" Discussed on KQED Radio
"Airport supplies air stuck in customs cues. Oxygen shortages are blamed for deaths that even the best equipped urban hospitals. Meanwhile, in one rural facility in northern India, Ah local reporter saw more than 20 patients on the floor, struggling to breathe with no doctor in sight. Over 19 vaccinations have also slowed across India. Clinics in several states have closed completely for lack of supply. Lauren Frayer NPR NEWS Mumbai stocks are trading lower on Wall Street. At this hour, the Dow was down 246 points the NASDAQ Down 3 11. This is NPR news Live from KQED News. I'm Brian what prosecutors have charged a 25 year old man with assaulting the head of the Oakland Chinatown Chamber of Commerce. Alameda County District Attorney's office charged James Ramsey of Oakland with assault and battery and a hate crime. This is in connection with an assault that took place last Thursday. It injured Carl Chan, one of the leaders who has denounced attacks against members of the region's Asian communities, Chan said the suspect yelled a derogatory comment about Asian people. During the assault. San Francisco Supervisors plan to vote today to make the former home of the first same sex couple to be married in the city. Ah landmark, Phyllis Lyon and Del Martin settled in a know a Valley house during the 19 fifties. Not long after lions death Last year, the House was sold, which prompted some concerns that it would be too orange down and developed the gay, lesbian, bisexual Transgender Historical Society, along with San Francisco Heritage and Supervisor Rafael Mandolin work to preserve the house as a landmark Here's mandolin. The house was a place where we're queer people in particularly lesbian women, um, gathered and, um, social lives but also did politics and community building. If approved by the full board this afternoon, This will be the city's first landmark focused on the history of the lesbian community. There's more Bay Area news at KQED dot or G'kar in Oakland. I'm Brian what support comes from Bridge Bank, a division of Western Alliance Bank offering flexible financial solutions to entrepreneurs in the venture capital community. Support for NPR comes from U. S. P s with the speed of business. Changing USPS is committed to changing with it more at USPs dot com slash new routes. The United States, Postal Service priority you and by the listeners and members of KQED Martinez Interstate 6 80. Joe McConnell has some traffic in that neck of the woods. North bound side of 6 80 Approaching Highway four new crash there with the least one of possibly as many as three lanes blocked and traffic is backed up into Concord to buy Concord Avenue. So far, a separate crashing the ran from East for two South bound 6 80 backing up traffic on the ramp. The right on 80 Westbound hasn't gotten any worse. Despite a crash with an overturn in the motorcycle down west 80 at cutting the lanes made not be blocked at the moment. Heavy traffic from Richmond Park way same as it was Several minutes ago before the crash. Joe McConnell for KQED Traffic support comes to us from good eggs ahead on KQED news at 8 22. Isolation has been part.
KQED Radio
"bridge bank" Discussed on KQED Radio
"To address global challenges. Viacom daughter work. Some cloudiness. Some fog light to moderate rain beginning in the North Bay around midday today, with some light rain passing through the rest of the Bay Area. 6 30. Live from NPR news in Washington. I'm Dave Mattingly. House managers are expected to continue to press their case against former President Donald Trump this afternoon as Trump Senate impeachment trial continues. Trump is accused of inciting insurrection at the U. S Capitol last month, two weeks before leaving office. NPR's Barbers Front says impeachment managers spent part of yesterday trying to bolster their arguments with new video of the violence. House impeachment managers have so far offered a methodical look at the timeline of events that led to the deadly insurrection of the capital on January 6. They argue Trump primed his supporters with false claims that the November election was stolen from them and then weaponized. His supporters rage to storm the capital while lawmakers were tallying the electoral votes. Shared new security camera video that showed just how close the mob came toe lawmakers and to the place where vice president Pence was sheltering with his family. Once managers conclude their arguments, Trump's defense team will have the same amount of time to make their case for an acquittal. Barbara SPRINT NPR NEWS Washington New claims for unemployment benefits in the U. S declined by 19,000 last week, the Labor Department says the broader seasonally adjusted total remains high. It 793,000 the Corona virus pandemic continues to weigh on businesses and hiring thistles. NPR NEWS Live from KQED News. I'm Brian what Lunar New Year begins tomorrow, and there are heightened concerns about safety amid a surge in anti Asian violence in the region. Several seniors have been recently assaulted in the Bay Area. Russell Junco, founder of Stop A P, I hate Says gift giving during the holiday could make Asians even Morvan arable to attack. John says his group is calling on people to visit Asian American business District's in solidarity. If we could have more residents going out shopping, strolling not acting as vigilantes, air patrols but just being present that would help as long as the president again and the physically. Safe, distant matter. Junk says the incidents of anti Asian racism and discrimination have increased nationally since the onset of the pandemic likely bolstered by former President Trump's constant references to Cove in 19 as the China virus. San Francisco's mayor says UCSF's plans to expand its Parnassus campus could help the city rebound from the economic destruction brought on by the pandemic. The deal between the city and university will require the construction of more than 1000 affordable campus housing units. Here's mayor London Breed. Not only will it help us as we advance our city's recovery from Cove, it But the investments in this project will make critical improvements to UCSF medical facilities. Campus officials say the project is set to create 1000 jobs over its 10 year timeline. UCSF has agreed to hire a least 30% of those workers locally. I'm Brian what KQED news Support this morning comes to us from Bridge Bank, a division of Western Alliance bank, offering flexible financial solutions to the technology and life sciences communities. Support.
KQED Radio
"bridge bank" Discussed on KQED Radio
"Are paying enough attention to the assaults at a time when hate crimes towards Asians are rising. Is there enough resource is for the community from the city. Those OPD have culturally confident officers do people even know that they can call 911. If they call my own one. Will there be somebody who could understand what they're saying? Oakland Police say they've identified a person of interest in the case involving the senior who was slammed to the ground. Police say he's been in custody on an unrelated criminal case. Carl Chan is with the Oakland Chinatown Chamber of Commerce. He's hurt more than 20 businesses were robbed in the past month, and those are just the reported incidents for some businesses. They're so worried. If I'm going to let people know about the incidents happened in the old store, they may be afraid that the customers will not be going to the store. Chan says Business has dropped from a pandemic low he thinks because customers are afraid to shop in Chinatown. I'm Julie Chang. KQED NEWS, this story of a door dash delivery driver whose car was stolen in San Francisco over the weekend with his two toddler. Still inside has renewed criticism of gig economy working conditions. KQED Sarah Hussaini reports. Jeffrey Fang is an immigrant father and has been a full time gig driver for almost seven years. During the pandemic. He's been scraping by working for door dash. His family can't afford childcare so he'd sometimes do deliveries with them in the back. A lot of you are struggling. I have seen other people with kids doing delivery. I'm not the only what it's not like. I'm purposely trying for my kids in harm's way. That's what happened Saturday night. Thanks, says he'd been gone for less than a minute when his fan was taken with the kids inside. Although the Children were later found in the car, safe things safety net and those of his fellow workers are now in the spotlight. University of California at Hastings Gig Economy expert Veena Do Ball notes that door dash fought to pass prop 22 exempting workers from minimum wage, health insurance workers, comp and reimbursement guarantees. A driver for ups would never have to put his Children in the car with him in order to make enough money to pay rent and pay for food. Doordash insists that does offer employee protections and has promised to financially compensate Mr Fang for the incident. I'm Sarah Hussaini KQED news and I'm Brian. What in Oakland? There's more at KQED dot torque Support today comes from Bridge Bank, a division of Western Alliance bank, offering flexible financial solutions.
Heartland Newsfeed Radio Network
"bridge bank" Discussed on Heartland Newsfeed Radio Network
"Dot org brought to you by the ad council and the national highway traffic safety administration. I'm bobby with today's karmic minute. Trolls charged them to cross bridges banks levy to.
KQED Radio
"bridge bank" Discussed on KQED Radio
"Covert 19 relief package. Confirmation of Joe Biden's Cabinet and a possible impeachment trial are all on the docket. I'm Scott Shaffer KQED news. Winds are picking up around the Bay Area and gusts of up to 75 MPH are possible in the East and North Bay Hills later tonight, P Jeannie spokeswoman Dina Contreras says those high winds could bring down trees and branches and perhaps power lines. We are ramping up and beefing up our crews to handle these. Power outages should they occur because of the wind locally here in the Bay Area, we're expecting the most wind related power outages. Toe happens tonight through 10 a.m. Tuesday morning, but the utility is not issuing any public safety power shut offs for the Bay Area. Contreras says. That's because the recent rains mean there's low wildfire danger in Oakland. I'm Kate Wolf KQED news Support comes from Bridge Bank, a division of Western Alliance bank offering flexible financial solutions to entrepreneurs into the venture capital community. Support for NPR comes from c three dot ai c three dot ai software enables organizations to use artificial intelligence at enterprise scale solving previously unsolvable business problems. Learn more at sea three dot ai The listeners of KQED and support for KQED comes from mighty mite Termite might he might use his orange oil. Another targeted treatment solutions, which typically require no move outs, mighty mite termite, and here's to all social distancing and safety guidelines. Mighty mite dot com. From NPR news. This is all things considered my Mary Louise Kelly as we near 400,000 deaths from covert 19 400,000. The question.
KQED Radio
"bridge bank" Discussed on KQED Radio
"Trump incited the attack on the capital. We question the Democrat who's urging the Cabinet to remove the president, as the Constitution allows. It's morning edition from NPR News. Senator Debbie stabbing now says it is unsafe to leave the president in office for his last 12 days on the wheel King and I'm Steve Inskeep. We also question Republicans Senator Ben Sasse, who opposed Trump's drive to overturn the election. Also this hour. What happened to Jack Ma, The Chinese tech billionaire has not been seen since the speech questioning financial regulators. And why did an investor buy the rights to Neil Young songs? It's Friday, January. 8th Betsy DeVos, the education secretary of just resigned is 63 years old news is next. Live from NPR news. I'm Janine Herbs. President Trump today tweeted. He will not attend President elect Joe Biden's inauguration this as he faces growing outrage over pro trump extremists who stormed the capital building Wednesday. Meanwhile, Biden and Vice President elect Kamila Harris will not be sworn into office on the West Front of the U. S. Capitol building on January 20th. Because the rioters overtook the platform where the ceremony was to have taken place and the fifth person has died after the violence of the capital capital. Police say one of their officers who was hurt in the attack. From his injuries. Last night. NPR's Scott Newman reports. Capitol police officer Brian Sick. Nick died late Thursday after collapsing the previous day following what the force described as a physical engagement with protesters who stormed the houses of Congress. Dozens of other police officers were injured in the melee triggered by Trump supporters who sought to shut down the certification of President elect Joe Biden's election victory. Officer Sick Nick is the fifth person to die as a result of Wednesday's insurrection. Trump supporter. A woman in her thirties was also fatally shot after breaching the Capitol building, and three other people died as a result of medical emergencies resulting from the violence. Scott Neuman. NPR NEWS Washington Voting equipment Company Dominion is suing lawyer and conspiracy theorists. Susan Powell for $1.3 billion for defamation. Paul was at one time a Trump lawyer who alleged without evidence. Dominion was part of a plot instigated by Venezuelan other actors to swing the election. Militia leader Cliven Bundy is praising the violent mob that overtook the capital NPR's Kirk Siegler reports. The Nevada rancher is also signaling that President Trump played a key role in inciting the violence in a Facebook post. Cliven Bundy says, quote you can't clean the swamp by standing off at a distance and smelling it. He goes on the heap Praise on President Trump, who he says pointed towards Congress and nodded his head and told his loyalists to go get the job done. Bundy is an icon of the extreme right. He's also a free man. The U. S government's case against him collapsed following the armed standoff he led against federal agents east of Las Vegas in 2014. His sons and other extremists from around. The US later staged an armed occupation of federal buildings in eastern Oregon and were later acquitted. Extremist group monitors say these illegal acts in the West in recent years helped embolden pro trump insurrectionists at the U. S. Capitol. Kirk Siegler. NPR NEWS Boise The Labor Department says employers cut 140,000 jobs in December. That's the first loss in eight months as the pandemic continues to surge around the country. The unemployment rate remained the same at 6.7%. Wall Street is trading higher at this hour, but the dollars pulled off earlier highs. It's up 16 points right now, the NASDAQ is up 103. You're listening to NPR news Live from KQED News. I'm Brian what Santa Clara County has fined Kaiser Permanente for not promptly reporting a cove. It 19 outbreak. It is infected at least 60 people at its San Jose Medical Center. The outbreak has led to a least one death. It is believed to be tied to a staff member wearing an inflatable tree in the facilities Emergency department on Christmas Day. Kaiser has been fined $43,000 Santa Clara County officials say they were unaware of the outbreak until the company released a press release on Sunday. Days after some of the positive test started appearing, Kaiser says it's reviewing the county's notice. The pandemic has plunged ridership on public transit across the region, Caltrain says it's also seeing a demographic shift in its passengers. Hey, cuties, Julie Chang explains. Hell, Trade ridership has dropped by 93% compared to last year. And in a survey of over 1100 writers from October to November, the transit agency found that they're seeing more passengers with lower income levels and before and more people of color, including Latinos and African Americans. Dan Lieberman is a spokesperson for Caltrain. You're interpreting me that we're taking on more essential workers. Just more people who need to be writing transit right now and depend on it is a system. Lieberman also says more people are writing outside traditional peak hours and on weekends, suggesting that many writers aren't working typical 9 to 5 jobs. Art and Golden Gate Transit say they've seen similar trends. I'm Julie Chang KQED news Coming up in 15 minutes, the fiscal and the fishy. It's Friday on KQED news. I'm Brian. What Support comes from Bridge Bank, a division of Western Omelet Alliance bank, offering flexible financial solutions to entrepreneurs and to the venture capital community support for NPR comes from Amazon studios. With the new film herself from director of the Iron Lady comes the story of a young mother, who, against all odds creates a home for her daughter's with the help of unexpected friends now on prime video. By the listeners of KQED. Hey, Joe McConnell's back Where we off to Go back to 5 80 cast a ballot. That's the worst jam because of the crash.
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"Not good enough. Several counties said they've heard of vaccine hesitancy in a few frontline health care workers, but that may be changing. Registered nurse Jameel Kaba Coonan cares for covert patients at UCSF. A month ago, she was about 50 50 for getting the shot. Now that she's learned more, she plans to get vaccinated. You know, I'm here to care for people. I would rather be the nurse and the patient, you know, she says, another thing that changed her thinking the current surge. It's worse than any time during the pandemic. I'm Polly striker. KQED news. California has extended the deadline for small businesses to apply for covert relief grants. State officials announced yesterday that the deadline has been pushed from this Friday to January. 13th. The state has made a total of half a billion dollars available to small businesses, the nonprofits hurt by the pandemic. Taken request grants ranging from $5000 to $25,000. The Newsome administration says so many businesses were trying to complete the online application. The program's website was strained and some may have had trouble getting an application. Google says it does not recognize the union more than 200. Workers at Alphabet, the parent company of Google have announced they're forming KQED Sam Harnett reports. Worker activism that Google has been growing over issues like contracts with the military and the firing of employees who've spoken out in 18 22,000 workers walked out to protest sexual harassment, lack of diversity in the second class status of temps and contractors, which account for over half the company's workers. Engineer Alexander Peterson is one of the union organizer's We really want to save alphabet from itself. Stop it from becoming just another one of Thies huge, inhuman, faceless entities that just bulldozes humanity for the sake of profit in the statement, Google did not recognize the union, which includes contractors and service workers, along with programmers. The union's 200 members is only a tiny fraction of the company's 260,000 Some odd workers. I'm Sam Burnett, KQED news and I'm Brian Want in Oakland, There's more at kqed dot organ. Support today comes from Bridge Bank, a division of Western Alliance bank, offering flexible financial solutions to the technology and life sciences communities. On morning edition. Many states are struggling to administer the doses of Corona virus vaccines They already have. We'll have an update on the rollout. Next time on the world. We're in Sudan, which.
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"Bay Area Wednesday and Friday. U C. San Francisco has agreed to build over 1000 new units of housing in the city as part of a plan to update and expand its Parnassus Heights campus. Security's Erica Kelly has more As part of a community benefits deal with the city, U C. San Francisco has agreed to build 1260 new units of housing for faculty, students and staff that will double the amount of housing the university has in the city. Under the deal, 40% of all that housing will be designated as affordable. The university has also agreed to contribute $20 million and transportation improvements in the neighborhood. There's a job's element to the deal to the University of set a goal of hiring local for 30% of the construction and entry level jobs created by the project. Don't part of U. C. San Francisco's plans to replace one of its aging hospitals with a larger, more modern facility. The project goes before the UC Board of Regents for a vote later this month. America. Kelly KQED News and in Oakland. I'm Kate Wolf KQED News Support comes from Bridge Bank, a division of Western Alliance bank, offering flexible financial solutions to entrepreneurs and the venture capital community. Support for NPR comes from Amazon studios with the film herself from the director of the Iron Lady comes a story of a young mother, who against all odds creates a home for her daughter's with Unexpected help starts January 8th on prime video and the listeners of KQED public radio periods of light to moderate rain for the Bay Area as well as gusty winds. Today's highs in the upper fifties similar conditions for the southern Sacramento Valley today a wind advisory up for the southern Sacramento Valley until eight o'clock this evening. Eyes around 56 6 minutes after one o'clock. I'm KQED public radio. Hi, everyone. I'm Cindy Rodriguez and investigative reporter with W N Y C news in for tan Xena Vega this week. This is the takeaway..