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Class action suit filed against Silicon Valley Bank parent

Published Sat, 02 Nov 2024 08:32:40 GMT

(AP) — A class action lawsuit is being filed against the parent company of Silicon Valley Bank, its CEO, and its chief financial officer. It alleges that the company didn't disclose the risks that future interest rate increases would have on its business. Get all of the latest news, weather, sports, and entertainment delivered right to your inbox! The lawsuit—against SVB Financial Group, CEO Greg Becker, and CFO Daniel Beck—was filed in the U.S. district court for the Northern District of California. It claims that the company "failed to disclose that, if its investments were negatively affected by rising interest rates, it was particularly susceptible to a bank run,” and seeks unspecified damages for those who invested in SVB in 2021 between June 16 and March 10.The lawsuit from shareholders, led by Chandra Vanipenta, says that some quarterly and annual financial reports from SVB didn't fully account for warnings from the Federal Reserve about interest rate hikes. In particular, ...

Man admits to killing father and his fiancée in Bellefontaine Neighbors

Published Sat, 02 Nov 2024 08:32:40 GMT

ST. LOUIS COUNTY, Mo. - A man appeared in St. Louis County Circuit Court Tuesday morning and admitted to a double murder involving his father and fiancée. Jerry Cannon, 40, and Iesha Emery, 33, were found shot to death inside Cannon's home in the 1100 block of Oran Drive in Bellefontaine Neighbors. A family member contacted police around 8:30 a.m. on Dec. 2, 2018, after discovering the bodies.The Major Case Squad of Greater St. Louis was activated to assist the Bellefontaine Neighbors Police Department in the investigation. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily News SIGN UP NOW Home security video showed Cannon and Emory enter the home with Tyjuan Cannon-Scarelli, 18 at the time, between 3:09 p.m. and 3:12 p.m. on Nov. 25. At 3:41 p.m., Cannon-Scarelli can be see...

Cardinals prospects Walker, Winn thriving and learning with extended spring looks

Published Sat, 02 Nov 2024 08:32:40 GMT

JUPITER, Fla. - Two top prospects are taking care of business and then some in their highly-anticipated spring auditions with the St. Louis Cardinals.Twenty-year-olds Jordan Walker and Masyn Winn have worked their way into lineups on a near-regular basis this spring as many Cardinals stars embark on the World Baseball Classic. Between both youngsters, the ultimate package of baseball goods has been unlocked this spring: contact, power, speed, defense and arm strength. Walker leads all qualified spring hitters with a 1.212 on-base-plus-slugging percentage. Winn recently fired the fastest-tracked spring throw for infielders, a 99.9 mph dart to first base. Along with these spring-leading feats, the dynamic duo has combined for 5 HR, 12 RBI, 14 runs scored, four stolen bases and some occasional web gems here and there in just around two weeks of action. RELATED - Albert Pujols makes surprise spring visit, at peace with post-baseball life Recently ranked baseball's fourth and 50th bes...

Missouri homeschool families seek access to public school activities, teams

Published Sat, 02 Nov 2024 08:32:40 GMT

Homeschooled students came to Missouri’s Capitol last week in hopes they could convince lawmakers to allow them to participate in their local school district’s extracurricular activities.A pair of bills were debated by the Senate education and workforce development committee aimed at expanding access to activities like sports and clubs to students who are homeschooled. “Throughout my elementary school years, I participated in local school and city sponsored activities with my public-school peers,” Jonah Spieker, 16, told the Senate committee. “That came to an abrupt end when I entered the seventh grade. I was cut off from the athletic community that I’ve experienced my whole life.”He could only play football in his local school’s team if he enrolled in two classes, according to Missouri State High School Activities Association (MSHSAA) policy. Spieker’s brother, Zeke, serves as a legislative assistant to Sen. Jill Carter, R-Granby, who is sponsoring one of the two bills he...

Impact of declining scores unclear as Missouri lawmakers continue education debate

Published Sat, 02 Nov 2024 08:32:40 GMT

As the Missouri House debated legislation last week to allow students to transfer out of their home district, rumors about the state’s declining school performance data lingered.When the numbers became public later in the day, lawmakers were quick to voice their opinions.Missouri students scored worse across the board from pre-pandemic levels, and 112 districts and charter schools performed poorly enough to put them on the verge of losing accreditation. The scores seemed to have had little impact on the open enrollment vote. Roll calls before and after the release of the numbers show little change in support for the bill.But as the shock of the scores sets in, and lawmakers dive deeper into the numbers during their annual mid-session break this week, just how they will alter the trajectory of a litany of education proposals — school vouchers, charter school expansion, changes to district evaluation, teacher pay hikes — that were already making their way through the legislature ...

Man wanted in south St. Louis bank robbery

Published Sat, 02 Nov 2024 08:32:40 GMT

ST. LOUIS - Police are asking for the public's assistance with identifying a man accused in a south St. Louis bank robbery last week. The robbery happened at the Alliance Credit Union in the 5000 block of Hampton Avenue in the St. Louis Hills neighborhood. Investigators say the suspect entered the building, approached a teller station, and then produced a note demanding money. Trending: Cardinals to hold $3.14 flash sale today Based on preliminary information, it's unclear whether the supsect was armed. He took off with an undisclosed amount of money and ran away. Police describe the suspect as a Black man with light complexion, a thin build and around 5 feet, 9 inches tall. He was last seen wearing black sweatpants, a black zip-up jacket, grey gloves, a black winter hat, a purple Durag, white shoes, and a surgical mask covering his nose and mouth. His jacket was possibly a Nike Men’s Tech fleece jacket with a left side arm pocket. The St. Louis Metropolitan Police Department sha...

One man dies in overnight Denver shooting

Published Sat, 02 Nov 2024 08:32:40 GMT

A man shot overnight in Denver died on Tuesday, police confirmed.The shooting happened in the 18700 block of East 65th Avenue, according to a police posting shortly before midnight Monday on Twitter. Police investigators were “working to develop” information identifying a suspect.ALL: DPD is investigating a shooting that occurred in the 18700 Block of E 65th Ave. One victim located with unknown extent of injuries. Investigators are working to develop suspect info. #Denver pic.twitter.com/i5smRTLJGv— Denver Police Dept. (@DenverPolice) March 14, 2023No other information was released. Denver officials in the Office of the Medical Examiners will identify the victim and cause of death, police said.UPDATE: The adult male victim has been pronounced deceased. The Office of the Medical Examiner will release victim ID and cause of death.— Denver Police Dept. (@DenverPolice) March 14, 2023Sign up to get crime news sent straight to your inbox each day.Related ArticlesCr...

Denver Urban Spectrum editor, MSU Denver journalism professor Alfonzo Porter dies

Published Sat, 02 Nov 2024 08:32:40 GMT

Denver Urban Spectrum editor and Metropolitan State University of Denver journalism professor Alfonzo Porter has died, bringing sadness and tributes for a mentor devoted to helping young writers find their voices.Porter, 60, collapsed at his home Sunday. The cause of death hasn’t been determined.It is with a heavy heart that we report longtime journalism professor, amplifier of Black voices and Met Media’s Associate Director Alfonzo Porter has passed away. Honor his memory with us and learn more about his legacy here: https://t.co/vajXqGBLeK pic.twitter.com/r6JMrQc5KF— The Metropolitan (@TheMetOnline) March 14, 2023Beyond teaching journalism students, Porter during the pandemic stepped in amid staff cuts to run a weekly magazine, in addition to overseeing the Metropolitan school newspaper. He also worked since 2016 running the Denver Urban Spectrum, a monthly news publication where, back in 1987, he produced a report about gang violence for its first issue.“This wasn’t e...

Rueben Wood Set To Be Host Of New Reality Show!

Published Sat, 02 Nov 2024 08:32:40 GMT

Rueben recently signed on to be the host of a new reality TV show in the works spear headed by Quality Control Music’s Too Official and QC Djs Executive Director D1 Star. The creative direction of the show is one of its own, but its base line is the culture driven world of Entertainment and its circulating world of business. The show will begin its filming in April 2023, as it has now finished its pre-production stages.Wood is a music producer and TV personality known for being the host of SOM Talk Live, an interview based show airing on Caspen Media’s, Noire TV every Wednesday night at 10 pm EST/9 pm CST. Rueben is also prepping the release of a new musical project titled “5 AM on Peachtree”, set to release between late March or early April 2023. The album features leading single “You Can Tell”, with guest appearances from Jadakiss, Rick Ross, Cam Ron, Juicy J, Kurupt, Gucci Mane, & more!The Breakdown with Rueben Wood is your exclusive how to guide for everything of interest. W...

Kurtenbach: The Warriors have the potential to win another title. But first they need to win a road game

Published Sat, 02 Nov 2024 08:32:40 GMT

SAN FRANCSICO — Here we go again.I don’t know if two games constitute a home stand, but the Warriors won their Saturday and Sunday games at Chase Center. They did it in impressive fashion, too — beating the two favorites to win the NBA Finals this June.Yes, both the Bucks and Suns were missing their best players, but the victories carried weight for the Warriors, who looked focused and, in turn, also looked like a team that could beat both of those opponents again in the postseason.Which brings the Warriors right back to where they were at the beginning of last week.Can this team do what they did at Chase Center on the road?Scratch that.Can the Warriors do half of that away from their citadel by the Bay?Beggars can’t be choosers at this point.Golden State Warriors’ Jordan Poole #3 after drawing a foul while making a basket in the fourth quarter of their NBA game against the Phoenix Suns at the Chase Center in San Francisco, Calif., on Monday, March 13, 2023. (Jane ...