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New York Community Bank to buy failed Signature Bank

Published Tue, 25 Feb 2025 02:36:20 GMT

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank’s subsidiaries. The deal will include the purchase of $38.4 billion in Signature Bank’s assets, a little more than a third of Signature’s total when the bank failed a week ago.The FDIC said $60 billion in Signature Bank’s loans will remain in receivership and are expected to be sold off in time. Signature Bank was the second bank to fail in this banking crisis, roughly 48 hours after the collapse of Silicon Valley Bank. Signature, based in New York, was a large commercial lender in the tristate area, but had in recent years gotten into cryptocurrencies as a potential growth business. After Silicon Valley Bank failed, depositors became nervous about Signature B...

Sandler receives Mark Twain Prize for lifetime in comedy

Published Tue, 25 Feb 2025 02:36:20 GMT

WASHINGTON (AP) — A host of comedic and entertainment royalty gathered at Washington’s Kennedy Center to present comedy icon Adam Sandler with the Mark Twain Prize for American Humor.Among those scheduled to honor Sandler on Sunday night were Jennifer Aniston, Judd Apatow, Drew Barrymore, Steve Buscemi, Dana Carvey, Luis Guzmán, Conan O’Brien, Chris Rock, Rob Schneider, David Spade and Ben Stiller.“Who has lasted this long and stayed this beloved?” Carvey said as he arrived on the Kennedy Center red carpet. “Nobody keeps this up for this long.”Buscemi, known largely for dramatic and often violent roles, portrayed a string of comedic characters in Sandler movies. “He takes his comedy very seriously. I laugh hard at everything I do with him,” he said. Buscemi also singled out Sandler’s musical comedy, including “The Chanukah Song,” which became a multiplatinum hit. “His comedy songs alone deserve this reward,” he said. Sandler, 56, first came to national attention as a cas...

Apartment fire in Palatine damages dozens of units

Published Tue, 25 Feb 2025 02:36:20 GMT

PALATINE, Ill — Firefighters are battling a fire that has damaged dozens of homes Sunday evening in Palatine.Witnesses say the fire started around 6 p.m. on East Dundee Quarter Drive. Looking to avoid the Kennedy Expressway construction? Here’s what you should know. Mauricio Sanchez, who lives in a building nearby, said everyone in the complex lost power and the fire alarm in the affected building went off.As of Sunday evening, about 24 units are affected due to the fire and water damage. 2 dead, 2 injured after fiery crash in Will County The Red Cross is on the scene and said they are working with the 50-60 people who are affected by the fire.They set up an office at the community center on-site to help people.Additional details haven't been released by the fire department at this time.

Police: 4 injured, driver charged after crash in Yorkville

Published Tue, 25 Feb 2025 02:36:20 GMT

YORKVILLE, Ill. — Four people were injured and a driver was charged with DUI after a crash Sunday afternoon in Yorkville, according to police.The crash was reported around 4:15 p.m. near Route 47 and Galena Road. 2 dead, 2 injured after fiery crash in Will County According to a news release from the Yorkville Police Department, a driver, 44, of Aurora, side-swept two cars in the other lane and then hit another car head-on.Officers arrived and found the four vehicles involved in the crash went into Rob Roy Creek, but they weren't submerged.Four people were taken to Rush Copley Medical Center with minor injuries, according to the release.The 44-year-old driver, of Aurora, was charged with driving under the influence of alcohol, according to the release.

Man dead after shooting in DeKalb

Published Tue, 25 Feb 2025 02:36:20 GMT

DEKALB, Ill. — A man was shot and killed Sunday in DeKalb, according to police.The shooting was reported to the DeKalb Police Department Sunday afternoon in the 800 block of Russell Road. Police: 4 injured, driver charged after crash in Yorkville Police said a man in his 20s was killed. His identity hasn't been released.Detectives said they are speaking to a person of interest and a weapon was recovered. Additional details haven't been released at this time.

NCAA men’s hockey: Gophers get No. 1 seed, date with Canisius

Published Tue, 25 Feb 2025 02:36:20 GMT

Bob Motzko generally takes the “it is what it is” stance with things a coach can’t control. That attitude extends to things like the NCAA tournament schedule. Although the Minnesota coach had one quibble after seeing the bracket on Sunday evening.The Minnesota Gophers are the top seed for the Fargo regional, and as such will get the No. 16-seeded Canisius Golden Griffins at 8 p.m. on Thursday night. That last detail was Motzko’s only complaint.“We don’t want to practice, we want to play games. The only problem I saw was 8 o’clock (at night). I’d rather play at 8 in the morning,” Motzko said. “We have a group that needs to get in some game time right now. I’m glad it’s Thursday. They don’t need to hear my whistle anymore.”In the other Fargo matchup, St. Cloud State will face Minnesota State Mankato at 4 p.m. Thursday. The Huskies, making their 17th NCAA Division I tournament appearance and fifth strai...

DU Pioneers hockey to open NCAA Tournament vs. Cornell

Published Tue, 25 Feb 2025 02:36:20 GMT

The University of Denver hockey team will begin its national title defense out east.The Pioneers were given the No. 1 seed in the Manchester Regional and will open NCAA Tournament play at 3:30 p.m. Thursday (ESPNews) against Cornell University at SNHU Arena in Manchester, New Hampshire.Boston University and Western Michigan will play in the region’s other semifinal at noon on Thursday (ESPN2). The semifinal winners will face off in the regional final at 2 p.m. Saturday (ESPNU) for a spot in the NCAA Frozen Four.Denver has a 30-9-0 overall record and won the Penrose Cup as NCHC regular-season champions with a 19-5-0 mark in league play. The Pioneers lost to Colorado College 1-0 on Friday in the NCHC semifinals.The defending national champions are the No. 4 national seed. Minnesota (Fargo, N.D.), Quinnipiac (Bridgeport, Conn.) and Michigan (Allentown, Pa.) hold the top spots in their respective regionals.DU has a 7-5-0 all-time record against Cornell. The teams have met four tim...

Disney's reimagined Toontown is an inclusive playground for all

Published Tue, 25 Feb 2025 02:36:20 GMT

Walt Disney famously said that Disneyland would never be completed. The idea was that there would always be room for improvement, room for innovation and room for new ideas.It was with that mindset that Disney Imagineers took on the task of revitalizing a large portion of the young child-centric Mickey's Toontown to better cater to a group of fans who may have been left out by the land's original layout.On Sunday, the new-and-improved Toontown was unveiled to the public after a year of construction. While much of the beloved area remains the same, new additions and modifications have transformed Toontown into a place of inclusion for those of all abilities.During a reopening ceremony on Saturday, Disneyland President Ken Potrock highlighted the changes and praised the innovative team behind the decision-making process."One of the things that we wanted to be able to do is recognize that this was going to be a land that was available, not just to all of our guests and our families, bu...

Anti-trans rant at Cheesecake Factory in San Francisco caught on video

Published Tue, 25 Feb 2025 02:36:20 GMT

SAN FRANCISCO (KRON) -- A transgender woman enjoying her meal at The Cheesecake Factory in San Francisco's Union Square was faced with an anti-trans rant from a fellow diner, and she caught it all on TikTok livestream. Lilly Contino is a full-time content creator living in San Francisco. She was dining at the Union Square Cheesecake Factory on Geary Street on March 9 when she began livestreaming to her TikTok followers. "Everything was pretty normal until a woman with a walker entered the restaurant. She sat down a couple of tables nearby, definitely within earshot, no more than 5-10 feet from me," Contino tells KRON4. Contino poses for a recent shoot (Photo courtesy of Billy Winters, Styling by Teresa Reynolds)At first, the interaction seemed innocuous; the woman told Contino several jokes before offering to show off a scar on her stomach from a recent surgery. When Contino refused to take a look, the woman said, "I'll show you if I want to show you, son." After 14 atmospheric r...

Herro’s late run helps Heat come back to beat Pistons

Published Tue, 25 Feb 2025 02:36:20 GMT

DETROIT (AP) — Tyler Herro scored 10 of his 19 points in the final 3:20 and the Miami Heat rallied for a 112-100 victory over the Detroit Pistons on Sunday night.Miami improved to 39-34, one game behind the Brooklyn Nets for the sixth seed in the Eastern Conference. The Heat host the Nets on Saturday.“This is going to be our March Madness and April Madness,” Heat coach Erik Spoelstra said. “The opportunity is right in front of us, and that’s all you can ask for at this part of the season. We are going to have to fight for it – that’s what this is all about.”Herro’s 3-pointer gave the Heat a 101-98 lead with 3:20 left. After he and Jimmy Butler hit jumpers, Herro made another 3-pointer to put Miami up 108-98.“Tyler lives for those moments,” Spoelstra said. “He has the clutch gene – he really does – and we know he will knock down some really tough shots when we need them.”Butler had 26 points and 10 assists and Bam Adebayo added 22 points and 10 rebounds ...