A Sunday night deadline loomed as JPMorgan and PNC were said to be interested in acquiring the troubled lender after it is seized by the Federal Deposit Insurance Corporation.
The Federal Reserve released hundreds of pages documenting how bank supervision and regulation failed to prevent the lender’s painful collapse. The F.D.I.C. released a separate report on Signature Bank’s failure.
Much of the Assembly Public Safety Committee's debate centered on whether it's better to treat the fentanyl crisis as a public health issue, or to see it as a public safety emergency where harsher punishments could deter drug dealers.
A California housing law grants generous benefits to builders who agree to only hire union workers. Trouble is, few if any builders found a way to do it.
San Jose Fire Chief Robert Sapien Jr. told City Council members Tuesday that unspecified “appropriate disciplinary action” had been taken and that he considered his investigation of the Oct. 5 incident at The Pink Poodle closed.
AB 1657 would authorize $10 billion in general obligation bonds to provide funding for affordable rental housing for lower income families, homeownership opportunities, and supportive housing for people experiencing homelessness.
Sen. Scott Wiener, a Democrat from San Francisco, said that without the state cash, BART and other big-city transit systems will have to make drastic service cuts.
When the project is completed in 2029, VTA riders will be able to get on light rail at the Eastridge Transit Center and connect directly with BART at Milpitas Station.
The April 21 downgrading of the credit ratings of 11 regional banks by Moody’s raised new doubts about their stability, while their leaders said the turmoil spurred by last month’s collapse of Silicon Valley Bank has passed.
Nitrate contamination of well water has been a decades-long problem in the San Joaquin and Salinas valleys — and now stormwater has flushed more manure and fertilizer into sewers.