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With “everybody else” dead or gone, a California bank grows

Published Mon, 16 Dec 2024 12:36:47 GMT

By Eliyahu Kamisher and Max Reyes, BloombergFrom his office just outside Los Angeles, Dominic Ng watched as California banks fell like dominoes — first crypto-friendly Silvergate Capital Corp. down near San Diego in early March, then Silicon Valley Bank up north days later, followed by San Francisco’s First Republic Bank at the beginning of May.Once the regional-banking turmoil eased, Ng found himself head of the biggest surviving California-chartered bank. The deposit base at his Pasadena-based East West Bancorp Inc. grew by $921.4 million, or 2%, in the months after the collapse of its peers. With $68.5 billion in total assets, East West is the only state bank with more than $50 billion in assets, a level that triggers closer scrutiny by state regulators.“I didn’t grow that much,” Ng, 64, said in an interview shortly before crosstown rival PacWest Bancorp agreed to a takeover by smaller competitor Banc of California Inc. as part of the fallout from this year’s upheaval. “It’...

Urban devastation: Losing Lahaina and Superior is a warning siren for the world

Published Mon, 16 Dec 2024 12:36:47 GMT

The news out of Hawaii has been deeply tragic. The Maui disaster is already the deadliest U.S. wildfire in more than a century, and the island’s death toll continues to rise, with hundreds still missing.And the cluster of fires that broke out on Aug. 8 all but erased Lahaina, one of America’s most picturesque and historic towns. As I discovered when I visited years ago, Lahaina was a magical place where you could stroll Front Street and watch the sunset over the neighboring islands or visit landmarks from Lahaina’s days as a royal capital, a missionary center, and a shore-leave destination for rowdy whalers.But beyond the tragedy, the Lahaina horror offers lessons for us in Colorado, where we are no strangers to devastating wildfires and where we now realize that the flames can strike communities we once thought were safe. It’s a warning siren.It didn’t take long for officials to note similarities between the Lahaina blaze and the Marshall Fire that swe...

FIBA Basketball World Cup 2023: Here are players with Colorado ties

Published Mon, 16 Dec 2024 12:36:47 GMT

Colorado will have its fair share of representation at this year’s FIBA Basketball World Cup.The tournament kicks off Friday and while none of the current Nuggets will be playing — Jamal Murray withdrew from Team Canada and Slovenia’s Vlatko Cancar suffered an ACL tear — there’s still plenty of players with ties to the Centennial State.Here’s a look:AustraliaNick Kay: The 6-9 forward-center played with Metro State from 2011-15. He was twice named a first-team All-RMAC selection. In his senior season, he averaged 20.4 points, 7.7 rebounds and 2.4 assists.Australia’s Nick Kay drives to the goal during the international basketball game between France and Australia at Ariake Arena in Tokyo on Aug. 20, 2023. (Yuichi Yamazaki, AFP via Getty Images)Jack White: The 6-foot-7 forward played 17 games with the Nuggets last season, averaging 1.2 points and 1.0 rebounds.FranceEvan Fournier: Drafted in the first round (20th overall pick) by Denver in the 2012 NB...

Boulder King Soopers shooting suspect found competent to stand trial after long delay

Published Mon, 16 Dec 2024 12:36:47 GMT

The man accused of killing 10 people in a mass shooting at a Boulder King Soopers was found mentally competent to stand trial by state evaluators, the Boulder County District Attorney’s office said in a statement Wednesday.The criminal case against Ahmad Al Aliwi Alissa, 24, has been delayed since December 2021, when Alissa, who defense attorneys say has schizophrenia, was found to be mentally incompetent to stand trial. He has been undergoing treatment and regular mental competency evaluations since then.The Boulder County District Attorney’s office said in a news release Wednesday that state evaluators determined that Alissa “is now competent to proceed in this case.”“The defendant has been deemed as restored to competency,” the news release said. The determination means the criminal case against Alissa can now move forward.Related ArticlesCrime and Public Safety | Psychologists say Boulder King Soopers shooting suspect isn’t co...

Yevgeny Prigozhin killed in plane crash says Russia

Published Mon, 16 Dec 2024 12:36:47 GMT

Yevgeny Prigozhin has been killed in a private jet crash in the Tver region north of Moscow, Russian agencies have reported.   The Wagner mercenary boss was on board the aircraft when it crashed killing all 10 passengers, authorities have said.According to Russia’s federal air transport agency: “An investigation of the Embraer plane crash that happened in the Tver Region this evening was initiated. The plane that crashed was a private jet belonging to Yevgeny Prigozhin, according to the Associated Press.“According to the passenger list, the first and last name of Yevgeny Prigozhin was included in this list.”The flight appears to have been travelling between Moscow and St. Petersburg. Wagner-linked Telegram channels have reported that the plane was shot down by Russian air defences.Mr Prigozhin led an abortive coup against Russia’s military leadership in June, which ended after Wagner fighters were promised amnesty in neighbouring Belarus.

L.A. County beachgoers asked to avoid water days after Tropical Storm Hilary

Published Mon, 16 Dec 2024 12:36:47 GMT

Tropical Storm Hilary did a number at Los Angeles County beaches, with some areas seeing trash and debris accumulation at the shore.An ocean water quality rain advisory is in effect until at least 9 a.m. Thursday, and beachgoers are being asked to avoid water contact.It is common for bacterial levels in coastal levels to increase after a storm, as rainfall flushes contaminants like trash, metals and car fluids from streets into the ocean through rivers, creeks, storm drains and others.Debris is seen on rocks in Seal Beach on Aug. 23, 2023. (KTLA) Two people pick up trash and other debris along the shore in Seal Beach on Aug. 23, 2023. (KTLA) Trash and other debris builds up along the water in Long Beach days after Tropical Storm Hilary slammed Southern California. (KTLA) Aerial video from Sky5 captured garbage, debris and seaweed at Dockweiler Beach in Playa del Rey.A cleanup is under way in Long Beach at the end of the Los Angeles River, where trash accumulated after the storm.Furt...

Disneyland releases menu for Tiana's Palace restaurant

Published Mon, 16 Dec 2024 12:36:47 GMT

Disneyland is giving guests an inside look at the food expected to be served at Tiana’s Palace, a new restaurant coming to the theme park on Sept. 7.The new menu items, which include Gulf shrimp and grits, plant-based gumbo and beignets, all represent Tiana’s story and honor the flavors traditionally found in New Orleans cuisine, park officials said. Disneyland’s ‘Rogers: The Musical’ scheduled to end in August Some ingredients will also be directly sourced from the Crescent City when possible, a news release said.7 Greens Gumbo (plant-based) (Tiana’s Palace at Disneyland Park in Anaheim, CA) – white beans, okra, yams, sweet potatoes and heirloom rice. Available beginning Sept. 7, 2023. For more details, visit DisneyParksBlog.com. (David Nguyen/Disneyland Resort)Gulf Shrimp and Grits (Tiana’s Palace at Disneyland Park in Anaheim, CA simmered in creole sauce with cheesy grits. Available beginning Sept. 7, 2023. For more details, visit DisneyParksBlog.com. (David Nguyen/Disneyland R...

WGA shuts down AMPTP proposal hours after it was made public

Published Mon, 16 Dec 2024 12:36:47 GMT

While SAG-AFTRA and WGA members took to the picket lines of the Disney Studios on Tuesday, more talks resumed between writers and producers.In an undisclosed location, actual studio executives met face-to-face with the WGA's negotiating committee. Among them were David Zaslav of Warner Bros. Discover, Robert Iger of Disney and Ted Sarandos of Netflix. The big wigs were hoping to end the stalemate by telling the writers to end the strike and offered what they thought was a good deal and kind of their final offer. Despite what has been reported, an AMPTP spokesperson says there was no agreement on a media blackout during the talks.Members of the Writers Guild of America, WGA picket outside CBS Television City in the Fairfax District of Los Angeles on May 2, 2023. (AP Photo/Damian Dovarganes)However, about 20 minutes afterward the Alliance of Motion Picture and Television Producers sent out a press release with details of their Aug. 11 proposal to writers. "This new package substanti...

Rider Airlifted after Motorcycle Crash on Highway 128 [Napa County, CA]

Published Mon, 16 Dec 2024 12:36:47 GMT

Advertising disclosure: We may receive compensation for some of the links in our stories. Thank you for supporting LA Weekly and our advertisers.The post Rider Airlifted after Motorcycle Crash on Highway 128 [Napa County, CA] appeared first on LA Weekly.

One Pronounced Dead, Three Hurt in Multi-Vehicle Crash on West Russel Road [Las Vegas, NV]

Published Mon, 16 Dec 2024 12:36:47 GMT

Three-Car Collision on Lindell Road Left 1 Killed, 3 InjuredLAS VEGAS, NV (August 23, 2023) – Friday afternoon, a multi-vehicle crash on West Russel Road left one person dead and three others injured.The collision happened around 1:43 p.m. at West Russel Road and Lindell Road.According to LVMPD, a Toyota Rav-4 traveling north on Lindell Road halted at a stop sign, but then entered the intersection, colliding with two vehicles traveling westbound on Russell Road, a Kia and a Ford Ranger.The Toyota hit Ford’s left rear, leading it to turn off the road and collide with a light pole and an oak electricity pole. The Toyota then collided with the Kia.According to the news in the press release, one died at the site. Another two were rushed to a medical facility with significant wounds.Authorities did not release any additional information at this time. However, a further investigation is underway to determine the cause and factors leading up to the fatal collision.Authorities did not...