Record number of failed banks reported in US for February

">
Record number of failed banks reported in US for February

Posted: February 17th, 2023 by Admin

Sunday, March 1, 2009

According to the Federal Deposit Insurance Corporation (FDIC), a record number of banks for a calendar month have failed in the United States in February. A total of 10 banks failed in February, more than any other month since October of 2000. A total of 16 banks have closed this year so far, with 24 closing in 2008. If the current trend continues, the total number of failed banks will more than double in March, as compared to the total number of failed banks in 2008.

The list grew after the FDIC took over the funds from the Security Savings Bank of Henderson, Nevada and the Heritage Community Bank in Glenwood, Illinois on February 27. The FDIC issued press releases for both institutions.

The four branches of the Heritage Community Bank reopened on February 28 “as branches of MB Financial Bank,” stated the FDIC. The bank’s assets were worth nearly US$233 million and had customer deposits worth nearly $220 million. MB is expected to purchase $230 million of the bank’s assets and the FDIC will “retain the remaining assets for later disposition.”

“The two Security Savings Bank branches will reopen on Monday (March 2) as branches of Bank of Nevada,” stated the FDIC. The bank held assets worth approximately $238.3 million with customer deposits of nearly $180 million. Bank of Nevada will purchase approximately $111 million of the bank’s assets while the FDIC will retain the remaining balance, also “for later disposition.”

“The FDIC insures deposits at the nation’s 8,305 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed,” added the FDIC.

Both banks, when reopened, will immediately become members of the FDIC.

Retrieved from “https://en.wikinews.org/w/index.php?title=Record_number_of_failed_banks_reported_in_US_for_February&oldid=780729”

No Comments | Filed under Uncategorized

Oakland, California record release party catches fire

">
Oakland, California record release party catches fire

Posted: February 16th, 2023 by Admin

Sunday, December 4, 2016

File:Oakland fire, 2016-12-03, subsequent morning.jpg
The burned out building surrounded by firefighters the subsequent morning, seen from the south sideImage: Anonymous.
Oakland Fire Station 13Image: Anonymous.

A fire broke out at a record release party in Oakland, California late on Friday night. Nine were confirmed dead the following morning with the death toll rising to 24 the next day.

The warehouse, known as Ghost Ship, was hosting a party for the release of the newest album by Joel “Golden Donna” Shanahan. It is in Oakland’s Fruitvale neighborhood, a mix of commercial and residential buildings nestled together. The structure is one block away from Fire Station No. 13 and at least 55 firefighters spent four hours containing and stopping the fire which began at approximately 11:30 p.m.

Firefighters and police cordoned off the block to spectators. The two-story, mixed-use structure also housed the artist collective Satya Yuga who hosted the show and is being searched by firefighters. Out of approximately 50 attendees, at least 25 were declared missing. Shanahan was among the survivors.

Efforts to rescue partygoers were compounded by the roof caving in during the inferno as well as the stacks of furniture, art pieces, and supplies which turned into obstacles for first responders.

Oakland mayor Libby Schaaf:

Quote

Last night’s fire was an immense tragedy. I am grateful to our first responders for their efforts to deal with this deadly fire. Our focus right now is on the victims and their families and ensuring that we have a full accounting for everyone who was impacted by this tragedy. We are fully committed to sharing as much information as we can as quickly as possible.

The structure is owned by Chor N. Ng, who is also the proprietor of several other buildings in the East Bay. On November 13 Ng was cited by the city for having stacks of garbage in and around the warehouse. Most fatalities were reported to have occurred in the upstairs portion of the building where escape was hampered by unstable stairs and miscellaneous art pieces lying in the way. The building lacked any smoke detectors and sprinklers; fire extinguishers were found outside of the premises.

Retrieved from “https://en.wikinews.org/w/index.php?title=Oakland,_California_record_release_party_catches_fire&oldid=4269168”

No Comments | Filed under Uncategorized

Neanderthals ‘knew what they were doing’: Archæologist Dr Naomi Martisius discusses her findings about Neanderthals’ behaviour with Wikinews

">
Neanderthals ‘knew what they were doing’: Archæologist Dr Naomi Martisius discusses her findings about Neanderthals’ behaviour with Wikinews

Posted: February 16th, 2023 by Admin

Sunday, June 28, 2020

Portrait of Dr Naomi Martisius. (Image: acagastya)

Last month, a study conducted by archæologist Dr. Naomi Martisius and other researchers concluded Neanderthals living in Europe tens of thousands of years ago were more sophisticated than previously thought. The now-extinct species used to carefully select bones from a particular animal species to manufacture their bone tools, the research showed. The research was published on May 8 in Nature’s Scientific Reports journal.

Bone tools used by Neanderthals. (Image: Naomi L. Martisius, Frido Welker, Tamara Dogandži?, Mark N. Grote, William Rendu, Virginie Sinet-Mathiot, Arndt Wilcke, Shannon J. P. McPherron, Marie Soressi & Teresa E. Steele)

Dr Martisius and her team used five bone tools discovered from Neanderthals’ sites in southwest France for this research. Four of these bone tools were found in a site called Abri Peyrony and the other one was from Pech-de-l’Azé I. These tools were just a few centimetres in size and were about 50 thousand years old, Dr Martisius told Wikinews. Microscopy analysis of these bone tools called lissoirs (smoothers) suggested Neanderthals used these tools for working animal skin to leathers.

The study stated the fauna of the sites were primarily medium-sized ungulates such as reindeer, in one layer nearly 90%. Despite the overabundance of medium-sized ungulates, Neanderthals used ribs of large bovids for making lissoirs. Dr Martisius told Wikinews this was likely due to the physical characteristics of the bovid ribs, which were “thicker” and “stronger” as compared to the “thin and flimsy ribs” of reindeers. In order to check the origins of the bone tools, the researchers used a technology called non-destructive Zooarchæology by Mass Spectrometry (ZooMS).

Video description of how ZooMS analysis is conducted. (Image: Archaeology, University of York)

Instead of damaging the bone artefacts in order to discover its origins, the researchers collected collagen from the plastic containers in which these artefacts were kept. Collagen is a type of protein. These bone artefacts were kept in plastic containers: some were kept for about five years, some for just a few months. During this time, the collagen proteins from bone tools were stuck to the walls of its plastic containers. The collagen samples collected from the walls of the containers are broken into smaller molecules called peptides by using a chemical enzyme called trypsin.

Example of a MALDI-ToF spectra. (Image: Krista McGrath, Keri Rowsell, Christian Gates St-Pierre, Andrew Tedder, George Foody, Carolynne Roberts, Camilla Speller & Matthew Collins)

After the trypsin has broken collagen fibres into peptides, it is analysed using a technology called Matrix-assisted laser desorption/ionization (MALDI) Time-of-Flight mass spectrometer (ToF MS). The assisting matrix is a coloured compound. The acidic peptide is combined with the matrix, vapourised, and peptides are released. Some of them are positively-charged particles which travel across a vacuum tube in an electric field. Depending on the weight of the peptides, these molecules reach the end of the vacuum tube at different instances of time, forming a spectrum. These graphs are like unique fingerprints of a species: they are different for different species of animals. Looking at the database of such graphs, taxonomic identifications of the collagen proteins came be made.

Watch the entire interview with Dr Naomi Martisius.

All four bone tools from Abri Peyrony gave positive results and showed that the bones were made from large bovids, even though reindeer were more abundant during that time. One of the advantages of using bovid ribs over reindeer’s thin ribs was the bovid ribs would be more resistant to breaking during flexion, Dr Martisius said.

Dr Martisius said such non-destructive ZooMS analysis was previously conducted, but for tools no older than a few centuries. She said such an analysis had never been previously conducted for artefacts so ancient.

Wikinews caught up with Dr Martisius to discuss this research in-depth.

Retrieved from “https://en.wikinews.org/w/index.php?title=Neanderthals_%27knew_what_they_were_doing%27:_Archæologist_Dr_Naomi_Martisius_discusses_her_findings_about_Neanderthals%27_behaviour_with_Wikinews&oldid=4678768”

No Comments | Filed under Uncategorized

Euro reaches new lows

">
Euro reaches new lows

Posted: February 10th, 2023 by Admin

Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

Retrieved from “https://en.wikinews.org/w/index.php?title=Euro_reaches_new_lows&oldid=4456539”

No Comments | Filed under Uncategorized

US Homeland Security Department doubts credibility of New York subway threat

">
US Homeland Security Department doubts credibility of New York subway threat

Posted: February 9th, 2023 by Admin

Wednesday, October 12, 2005

The US news agency CNN is reporting that the recent New York subway terrorist threat this past weekend was based on “false information.” The original tip lead to the arrest of three men in Iraq with suspected ties to the plot; however, under interrogation which included lie detector tests, investigators discovered they had no knowledge of any planned terror attacks on the New York subway system.

The Department of Homeland Security (DHS) was skeptical of the threat since it was first announced last week. More recently, Russ Knocke, a spokesman for the DHS, said “The intelligence community has been able to determine that there are very serious doubts about the credibility of this specific threat.”

Responding to the new comments from the DHS, New York City Mayor Bloomberg replied, “We’ve got to take every threat seriously and that is what we are going to do.” Even before the new questions about the tip’s accuracy, Mayor Bloomberg was already defending his decision to increase security and promised that the measures will remain in place for at least the near future. Mayor Bloomberg explained that, while he did not believe he made a mistake in calling for increased security, “If I’m going to make a mistake you can rest assured it is on the side of being cautious.” New York City Police Commissioner Raymond Kelly agreed, adding, “We did exactly the right thing.” Critics of Bloomberg have charged that the threat was a bid to “look strong” in support for his upcoming re-election attempt.

Retrieved from “https://en.wikinews.org/w/index.php?title=US_Homeland_Security_Department_doubts_credibility_of_New_York_subway_threat&oldid=1392987”

No Comments | Filed under Uncategorized

Wikinews interviews Goronwy Price about the upcoming by-election in the Bradfield electorate of the Australian parliament

">
Wikinews interviews Goronwy Price about the upcoming by-election in the Bradfield electorate of the Australian parliament

Posted: February 8th, 2023 by Admin

Thursday, December 3, 2009

With two federal by-elections coming up in Australia, many minor parties and independents will be looking to gain a seat in the House of Representatives. Goronwy Price is a candidate representing the Environmentalists for Nuclear Energy party.

Mr Price is an environmentalist, adventurer and businessman from the Sydney suburb of Cremorne.

“In 1975 I founded the adventure travel company World Expeditions and built it to be the world’s largest adventure organisation. I am currently Managing Director of Learningportal.com a successful software company I founded in 1997. We export software around the world.,” Mr Price said.

Wikinews reporter Patrick Gillett held an exclusive email interview with Mr Price, candidate for the Division of Bradfield.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Goronwy_Price_about_the_upcoming_by-election_in_the_Bradfield_electorate_of_the_Australian_parliament&oldid=4567771”

No Comments | Filed under Uncategorized

Satirist Stephen Colbert runs for U.S. President

">
Satirist Stephen Colbert runs for U.S. President

Posted: February 7th, 2023 by Admin

Wednesday, October 17, 2007

The American satirist Stephen Colbert has announced that he will run for the Presidency of the United States. He made his announcement on his mock news show The Colbert Report.

However, Colbert said that he would only run in his home state of South Carolina as a favorite son. He also said that he would represent both major political parties: the Republicans and the Democrats. It is not known how far Colbert will go with his character during his electoral run.

Colbert has hosted The Colbert Report, a spin-off to another satirical television series, The Daily Show, since its creation in 2005. “I didn’t have a job back then. I wonder what it was like to have a job back then. I am sure I could ask a dentist or a surgeon. He would know.” On the show he plays a right-wing political pundit, based on real-life pundits such as Bill O’Reilly and Stone Phillips. Colbert has been credited with popularizing certain words such as “Truthiness”, meaning to believe something intuitively, without regard for actual facts, logic or evidence.

Filling in for New York Times columnist Maureen Dowd on Sunday, Colbert wrote: “I am not ready to announce yet — even though it’s clear that the voters are desperate for a white, male, middle-aged, Jesus-trumpeting alternative.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Satirist_Stephen_Colbert_runs_for_U.S._President&oldid=557087”

No Comments | Filed under Uncategorized

Category:June 27, 2006

">
Category:June 27, 2006

Posted: February 7th, 2023 by Admin

? June 26, 2006
June 28, 2006 ?
June 27

Pages in category “June 27, 2006”

Media in category “June 27, 2006”

Retrieved from “https://en.wikinews.org/w/index.php?title=Category:June_27,_2006&oldid=1333791”

No Comments | Filed under Uncategorized

Anna Nicole Smith dies

">
Anna Nicole Smith dies

Posted: February 4th, 2023 by Admin

Thursday, February 8, 2007

Smith at the MTV awards ceremony, Sydney 2005.Credit: Foraggio (Some rights reserved)

Anna Nicole Smith, who was born as Vickie Lynn Hogan, was found unconscious in the Seminole Hard Rock Hotel and Casino in Hollywood, Florida in her 6th floor hotel room. One of her attorneys has confirmed that she was pronounced dead at a hospital less than an hour later. She was 39.

Paramedics are reported to have performed CPR on the actress and had to have breathing equipment inserted into her chest after a nurse found her passed out in her hotel room and witnesses say that Smith was receiving CPR while the ambulance took her to the hospital around 2:00 p.m. [EST]. Smith’s bodyguard is reported to have given Smith “cardiopulmonary resuscitation” before paramedics arrived.

“I can confirm that she is deceased. It’s as shocking to me as to you guys. I don’t know what the cause was. This is just tragic and that’s all you can say right now and I don’t know anything further,” said one of Anna Nicole’s lawyers, Ron Rale.

Smith was taken by ambulance to Memorial Regional Hospital and “checked in Monday [to the hotel] at 8 p.m. as a guest. She was due to check out tomorrow,” said cafe spokeswoman, Danielle Giordaano.

“Our rescue crews got there, and they were escorted to a bedroom, where they found a female alone in her room and unresponsive. We then began our normal protocol for dealing with a non-breathing individual. The victim never regained consciousness and we continued with CPR and all life-support methods right up until the time we delivered her to the hospital and then the hospital takes over,” said a spokesman for the responding paramedics team. Smith was pronounced dead at the hospital at 2:49 p.m. [EST].

According to Broward County Medical Examiner’s Office investigator, Edwina Johnson, an autopsy will be performed on Smith on Friday and that her death is currently being investigated. Authorities are not yet treating her death as a crime.

One of Smith’s attorneys, Howard K. Stern, is reported to have been staying with Smith in her room, but authorities have yet to locate Mr. Stern. Mr. Stern is identified by TRIMSPA as Smith’s husband.

“He was here with her. I don’t know where he’s at right now,” said Charlie Tiger the chief of the Seminole Police Department also adding that Smith’s 5 month old baby was not with them.

Smith was a spokeswoman for the company TRIMSPA when she passed, and TrimSpa has removed all content from their site for now, shutting it down and posting only a message in response to her death.

“Today, Anna Nicole Smith’s grief stricken and tumultuous personal life came to an end. Anna came to our Company as a customer, but she departs it as a friend. While life for Anna Nicole was not easy these past few months, she held dear her husband, Howard K. Stern, her daughter, Dannielynn Hope, her most cherished friends, beloved dogs, and finally, her work with TRIMSPA. Anna knew both the joy of giving life, and the heartache of losing a child. We pray that she is granted the peace that eluded her more recent days on earth, and that she find comfort in the presence of her son, Daniel,” said the statement on TRIMSPA’s website posted by Alex Goen, CEO and Founder of TRIMSPA.

Smith was rushed to the hospital in November of 2006 after she was suffering from symptoms of pneumonia. Smith’s son, Daniel Smith, died on September 10, 2006 shortly after Anna gave birth to a baby girl 5 months ago.

Smith was shopping for a new boat in Florida and reports say she felt ill and had a fever for at least a day.

Retrieved from “https://en.wikinews.org/w/index.php?title=Anna_Nicole_Smith_dies&oldid=411141”

No Comments | Filed under Uncategorized

Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate

">
Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate

Posted: February 3rd, 2023 by Admin

Thursday, March 31, 2016

Businessman Rocky De La Fuente took some time to speak with Wikinews about his campaign for the U.S. Democratic Party’s 2016 presidential nomination.

The 61-year-old De La Fuente resides in San Diego, California, grew up in Tijuana, and owns multiple businesses and properties throughout the world. Since getting his start in the automobile industry, De La Fuente has branched out into the banking and real estate markets. Despite not having held or sought political office previously, he has been involved in politics, serving as the first-ever Hispanic superdelegate to the 1992 Democratic National Convention.

De La Fuente entered the 2016 presidential race last October largely due to his dissatisfaction with Republican front-runner Donald Trump. He argues he is a more accomplished businessman than Trump, and attacks Trump as “a clown,” “a joke,” “dangerous,” and “in the same category as Hitler.” Nevertheless, De La Fuente’s business background begets comparisons with Trump. The Alaskan Midnight Sun blog described him as the Democrats’ “own Donald Trump.”

While receiving only minimal media coverage, he has campaigned actively, and according to the latest Federal Election Commission filing, loaned almost US$ 4 million of his own money to the campaign. He has qualified for 48 primary and caucus ballots, but has not yet obtained any delegates to the 2016 Democratic National Convention. Thus far, according to the count at The Green Papers, De La Fuente has received 35,406 votes, or 0.23% of the total votes cast. He leads among the many lesser-known candidates but trails both Senator Bernie Sanders who has received nearly 6.5 million votes and front-runner Hillary Clinton who has just shy of 9 million votes.

With Wikinews reporter William S. Saturn?, De La Fuente discusses his personal background, his positions on political issues, his current campaign for president, and his political future.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Rocky_De_La_Fuente,_U.S._Democratic_Party_presidential_candidate&oldid=4585942”

No Comments | Filed under Uncategorized