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Is your money safe if there's a run on the bank?

Published Wed, 27 Nov 2024 07:18:45 GMT

Remember the scene in "It's a Wonderful Life" when there's a run on Jimmy Stewart's bank? That just happened in real life.Silicon Valley Bank collapsed Friday after depositors rushed to pull funds from the tech lender amid jitters about its exposure to the fragile technology sector.It's the biggest bank failure since the 2008 financial crisis, putting nearly $175 billion in customer deposits under the control of the Federal Deposit Insurance Corp.While this doesn't happen very often (thank goodness), the demise of Silicon Valley Bank serves as an object lesson for all bank customers about what can happen if an institution goes under.The good news is that, in most cases, the FDIC will cover all deposits up to $250,000.Beyond that amount, however, you'll have to get in line to receive a portion of whatever funds are still available for disbursement. That could be the full amount you're owed, it could be bupkis.Typically, this depends on whether the FDIC can sell the collapsed bank or ...

Video shows Kern River in Kernville rising amid heavy rain

Published Wed, 27 Nov 2024 07:18:45 GMT

Video from Kernville Friday morning shows the Kern River rising quickly as heavy rain moved through Central California, KTLA sister station KGET in Bakersfield reports.The video shared with 17 News by Kyle Roberts shows the river near an overpass and water overflowing its banks. River flows of about 39,000 cubic feet per second were recorded Wednesday morning in the Kernville area.Residents are urged to stay away from flowing water. An evacuation order has been issued for low-lying areas in Kernville.

Woman faces attempted murder charge after newborn found in gas station trash can in Fullerton

Published Wed, 27 Nov 2024 07:18:45 GMT

A 25-year-old woman is facing charges of attempted murder and child abuse after a newborn baby was found in a gas station trash can in Fullerton on Thursday, police said.Fullerton Police responded to a Chevron gas station on the 900 block of West Orangethorpe Avenue around 3:30 p.m. A store clerk discovered the abandoned infant inside a restroom trash bin, officers said.Newborn baby found inside gas station trash can in Fullerton on March 9, 2023. (OC Hawk)Newborn baby found inside gas station trash can in Fullerton on March 9, 2023. (OC Hawk)Newborn baby found inside gas station trash can in Fullerton on March 9, 2023. (OC Hawk)Newborn baby found inside gas station trash can in Fullerton on March 9, 2023. (OC Hawk)Newborn baby found inside gas station trash can in Fullerton on March 9, 2023. (OC Hawk)Newborn baby found inside gas station trash can in Fullerton on March 9, 2023. (OC Hawk)Newborn baby found inside gas station trash can in Fullerton on March 9, 2023. (OC Hawk)Newborn ...

Hidden Valley Ranch ice cream to debut at Walmart locations nationwide in March

Published Wed, 27 Nov 2024 07:18:45 GMT

Ranch dressing is a great addition to salads and pairs nicely with various foods, but two companies collaborated to see if the classic condiment pairs well with ice cream.Hidden Valley Ranch ice cream, a collaboration between ice cream parlor Van Leeuwen and Hidden Valley Ranch, will debut at Walmart locations nationwide on March 20.(Hidden Valley Ranch) The unique flavor will be available until May 28, a news release said.“We know that Hidden Valley Ranch goes with just about everything – pizza, carrots, French fries – but ice cream is a first for us,” Rachel Garrison, the associate director at Hidden Valley Ranch, said in a statement.“We are so excited to partner with Van Leeuwen, the expert in limited-edition, premium flavors, to bring together this creamy mix of savory and sweet. Insider tip? Top your scoops with crushed pretzels or potato chips for a perfect salty crunch.” Mountain Dew releases new hot sauce flavor The Hidden Valley Ranch ice cream debut is part of Van Leeuwe...

Meet Trailer Park: The Production Company Shooting Music Videos for Free

Published Wed, 27 Nov 2024 07:18:45 GMT

Establishing yourself as a renowned artist in the music industry has become one of the greatest challenges, especially for newbies. In the highly competitive industry, new talents without sufficient funds to make video productions have always found it challenging to rise to fame. Trailer Park is a production company that has stepped in to help artists reach their dreams. The company shoots all the upcoming artists’ music videos for free.The Trailer Park team believes many hidden talents in the music arena haven’t been exposed to the limelight because of a lack of finances for a music video shoot. Music videos can significantly influence an artist’s fan base, growing their following. The videos catalyze attention and more downloads, which can quickly propel an artist to fame.Adrian Verdult, Trailer Park founder, says his goal is to find artists yet to be known out there and create a platform for them to get recognized. He believes in empowering new talents to reach ...

Oscars Everywhere All at Once– Michael Musto’s Winner’s Picks

Published Wed, 27 Nov 2024 07:18:45 GMT

A big shock awaits viewers of the Academy Awards on March 12 — they will actually have seen some of the movies nominated for Oscars this year. Sure, there will be the usual array of high-toned art-house films on display, but in addition to those, four Best Picture nominees — Top Gun: Maverick; Avatar: The Way of Water; Everything Everywhere All at Once; and Elvis — have cumulatively made close to 1.6 billion bucks at the domestic box office.Pushing into the mix is a tiny indie: To Leslie, made in 19 days for under a million dollars. The little-seen film nabbed a Best Actress nomination for star Andrea Riseborough as a down-and-out Texas alcoholic, squeaking past some bigger films thanks to an “advocacy campaign” that urged major names to tout the performance. Gwyneth Paltrow, Susan Sarandon, and many others dutifully did so, and Riseborough made the cut, leading to an Academy investigation into whether the campaign broke any house rules. Fortunately, it got cleared, and future tiny ...

Watch powerful trajectory of Pineapple Express storm from Hawaii barrel into California. When’s the next one?

Published Wed, 27 Nov 2024 07:18:45 GMT

The strong atmospheric river streaming into California has origins all the way from the tropics south of Hawaii. A true Pineapple Express. pic.twitter.com/w5vVyZpQYg— Colin McCarthy (@US_Stormwatch) March 10, 2023An atmospheric river known as the Pineapple Express that originated in tropical Pacific waters slammed into California and the Bay Area Thursday night downing trees, flooding roads and possibly collapsing a warehouse roof.Pineapple Express roaring into California. One of many storms coming for California. pic.twitter.com/Qtlnppk9Wh— Colin McCarthy (@US_Stormwatch) March 10, 2023Satellite photos captured the tremendous force of the storm that originated south of Hawaii.By Friday afternoon, the storm had passed through the region, but the next atmospheric river is expected Monday evening.Related ArticlesCalifornia News | Bay Area storm photos: Atmospheric river causes flooding, road closures and power outages California News | Oroville D...

Bay Area storm photos: Atmospheric river causes flooding, road closures and power outages

Published Wed, 27 Nov 2024 07:18:45 GMT

The latest winter storm to lash the Bay Area brought heavy rains overnight and into the morning, leaving roads flooded and trees leveled. Power outages also were reported across the region.Inland communities received wind gusts around 35 to 45 miles per hour, while they were as high as 65 to 75 mph in upper elevation areas.As of noon Friday, the National Weather Service recorded 24-hour Bay Area rainfall totals that topped 5½ inches in Ben Lomond in the Santa Cruz Mountains; 4½ inches in Kentfield in Marin County; 3¾ inches in Richmond; 2¼ inches in downtown Oakland; and 1¾ inches in Castro Valley. In San Jose, 1 inch of rain was measured.While the latest storm appears to be petering out, another one is right around the corner. Forecasters say another atmospheric river is likely to land Monday night and continue into Tuesday morning.CLICK HERE to read full storyRelated ArticlesWeather | Oroville Dam floodgates opened as storms fill massive reservoir Weather | ...

Bay Area storm damage: Videos and photos show storm's aftermath

Published Wed, 27 Nov 2024 07:18:45 GMT

(KRON) -- As the first in a series of atmospheric rivers ripped through the Bay Area Thursday night into Friday morning, it left a wide swath of destruction in its wake. In Soquel, an unincorporated Santa Cruz County town, a section of roadway collapsed into a creek, stranding residents. Bay Area storm updates: Flood warning canceled for parts of Northern California Major roadways like the 101 in Gilroy and the 580 in Oakland were closed as a result of the storm. Widespread flood conditions, downed trees and deep puddling were reported across the Bay Area and beyond. Here are some of the images of the storm's devastation.In Clayton, floodwaters poured down Aspara Drive Friday morning. In Soquel, an unincorporated Santa Cruz County town, a large section of Main Street was washed away by a creek, cutting off access for residents in nearby homes. (Photo: Santa Cruz County)Overhead drone footage of the Soquel washout showed heavy machinery working to clear debris...

Video: Large section of road in Santa Cruz County washed out by storm

Published Wed, 27 Nov 2024 07:18:45 GMT

(KRON) -- Powerful rains and stormwater resulted in a large section of Main Street in Soquel being washed away by a creek on Friday morning. Photos tweeted out by Santa Cruz County showed where the roadway had given way at a certain point with crews on hand apparently looking to clear branches and other debris. Bay Area storm updates: Flood warning canceled for parts of Northern California The washout occurred at Main Street and Glen Haven Road with the roadway collapsing into Hayes Creek. Several homes have reportedly been cut off and deemed stranded as a result of the roadway collapse. Overhead drone footage (see above) obtained by KRON showed creek water and debris flowing across the collapsed section of roadway while a heavy excavation machine worked to clear builders and sections of roadway. On the ground, crews also worked to clear debris as water continued to flow.Soquel is an unincorporated town and census-designated place in Santa Cruz County situated on the n...