Sinema calls for an independent investigation on recent bank failure
Senator Kyrsten Sinema (I-Arizona) and other members of the Senate Banking Committee sent a letter urging the Government Accountability Office to…
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U.S. Highway Safety investigate Tesla seatbelts coming loose
The investigation by the National Highway Traffic Safety Administration covers an estimated 50,000 Model X SUVs from the 2022 and 2023 model…
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Local bank reassures customers, after Silicon Valley Bank failure frenzy
Earlier this month two banks collapsed in Silicon Valley sending the American banking industry into a…
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Arizona Governor Hobbs vetoes the ban on sales tax for food
Arizona Gov. Katie Hobbs vetoed a food tax bill Tuesday that would have prevented cities and municipalities from taxing…
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CA to earmark $1 billion on behavioral health housing
(CNN/KYMA, KECY) – Democratic California governor Gavin Newsom wants to earmark $1 billion dollars a year to help behavioral health housing.…
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Fed official: Bank rules under review in wake of SVB failure
The Federal Reserve’s bank supervisors informed Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual…
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Troubled Silicon Valley Bank acquired by First Citizens
First Citizens will acquire much of Silicon Valley Bank, the tech-focused financial institution that collapsed this month, setting off a chain…
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California looks to spend some Medicaid money on housing
Gov. Gavin Newsom has proposed spending more than $100 million per year in the state’s Medicaid program to pay for up to six months of housing for…
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Local TikTok users oppose potential ban of the app
Yumans are just one part of the over 150 million Americans who use…
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Hyundai and Kia recall more than half-a-million vehicles due to fire risks
Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors and away from…
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Spreckels Sugar Company strike has ended
After weeks of striking, workers at Spreckel’s and the company have agreed on a…
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Recall of certain marijuana products due to possible Aspergillus contamination
The Arizona Department of Health Services said several marijuana establishments are voluntarily recalling certain products for possible Aspergillus…
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Yellen says bank situation stabilizing, different from 2008
Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional…
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Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on…
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Rep. McHenry speaks on preventing further bank failures
In an interview with “Face the Nation” moderator Margaret Brennan, McHenry said Congress must explore the circumstances that led to the closures of…
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Parent company of Silicon Valley Bank files for bankruptcy
The parent company of Silicon Valley Bank filed for Chapter 11 bankruptcy protection Friday, a week after the tech-focused bank failed in a sudden…
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Biden Administration demands TikTok to sell stakes
A source close to TikTok confirms to NBC News that the Biden Administration has demanded that TikTok’s Chinese owners, ByteDance, sell their stakes…
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Yellen tells Congress US banking system ‘remains sound
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen told the Senate Finance Committee on Thursday that…
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Sunny D vodka seltzer coming out soon
(CNN/KYMA, KECY) – Sunny D is launching a vodka seltzer. Sunny D, the highly advertised orange drink from the 1990s, is now all grown up. The…
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Southwest Airlines to increase winter staffing and improve tech
Southwest Airlines is increasing staffing to avoid a repeat of the mass cancelations that stranded tens of thousands of passengers over the last part…
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