Top Items:
Jesse Pound / CNBC:
Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis — The FDIC said in the announcement that insured depositors will have access to their deposits no later than Monday morning. — SVB's branch offices will also reopen at that time, under the control of the regulator.
Discussion:
FDIC, Bloomberg, Associated Press, Wall Street Journal, U.S. Department …, Reuters, Breitbart, The San Francisco Standard, Almanac Online, Axios, New York Post, The Daily Caller, Financial Times, Engadget, The Information, CoinDesk, TechCrunch, RedState, Fortune, The Wrap, The Post Millennial, New Republic, One America News Network, Cointelegraph, Albuquerque Journal, Twin Cities, Exit Fuel 🛢️, CBS News, San Bernardino Sun, HotAir, Politico, Al Jazeera, NBC News, Raw Story, The Western Journal, KRON4, The Guardian, NewsNation and The Block, more at Techmeme »
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Chris Anstey / Bloomberg:
Summers Sees No Systemic Risk From SVB If Depositors Protected — Former Treasury Secretary Lawrence Summers said the meltdown of SVB Financial Group shouldn't pose a risk to the financial system as long as depositors are made whole. — “What is absolutely imperative is that …
Discussion:
CNBC, Financial Times, HotAir, Fortune, Mercury News, CoinDesk, Breitbart, TechCrunch, The Information and Erick Erickson's Show Notes, more at Techmeme »
New York Times:
Silicon Valley Bank Fails After Run on Deposits — The Federal Deposit Insurance Corporation took control of the bank's assets on Friday. The failure raised concerns that other banks could face problems, too. — Emily Flitter and Rob Copeland cover Wall Street and finance.
Discussion:
Bloomberg, Grid News, Alternet.org, Slate, The Gateway Pundit, NBC News, CoinDesk, The Information, Fortune, The Verge, California Globe, Joe.My.God., WGN-TV, The Daily Caller, TechCrunch, Breitbart, Forbes, New York Post, Twin Cities, CNBC, The San Francisco Standard, Marginal REVOLUTION and The Post Millennial, more at Techmeme »
CNN:
Silicon Valley Bank collapses after failing to raise capital — New York CNN — Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to the second-largest failure of a financial institution in US history.
Discussion:
CNBC, The San Francisco Standard, New York Times, Bloomberg, KNSD-TV, Noahpinion, The National Gazette, Breitbart, Financial Times, Common Dreams, Mercury News, RedState, The Register, CoinDesk, Washington Post, The Information, The Block, Lawyers, Guns & Money, Twin Cities and Mediaite, more at Techmeme »
Austin Weinstein / Bloomberg:
SVB Chief Sold $3.6 Million in Stock Days Before Bank's Failure
SVB Chief Sold $3.6 Million in Stock Days Before Bank's Failure
Discussion:
Breitbart, New York Post and East Bay Times
New York Times:
Michael Cohen to Testify at Grand Jury as Likely Trump Indictment Looms — Mr. Cohen, Donald J. Trump's former fixer, is the key witness in a case built around a hush money payment to Stormy Daniels. — Michael D. Cohen, the former fixer who for years did Donald J. Trump's dirty work …
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David A. Graham / The Atlantic:
Trump Gets a Taste of His Own Medicine
Trump Gets a Taste of His Own Medicine
Discussion:
Steady, BizPac Review, News Corpse, THE JACKAL, Election Law Blog, Raw Story, PoliticusUSA and Vanity Fair
Philip Bump / Washington Post:
The legal threat to Trump in New York, explained
The legal threat to Trump in New York, explained
Discussion:
New York Times, CNBC, Associated Press, Newsbusters, Reason, Mercury News, CNN, NPR, Alternet.org and Raw Story
Helena Horton / The Guardian:
BBC will not broadcast Attenborough episode over fear of rightwing backlash — Exclusive: Decision to make episode about natural destruction available only on iPlayer angers programme-makers — The BBC has decided not to broadcast an episode of David Attenborough's flagship new series …
Discussion:
The Sun and The Wrap, more at Mediagazer »
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Eleanor Klibanoff / The Texas Tribune:
Three Texas women are sued for wrongful death after assisting with abortion — In the first lawsuit of its kind since Roe v. Wade was overturned, a husband seeks damages from women who helped his ex-wife obtain the medications to terminate her pregnancy. — A Texas man whose ex-wife terminated …
Discussion:
The Hill, Washington Post, Associated Press, Bloomberg, Forbes, New Republic, Rolling Stone, Abortion, Every Day, Jezebel, Joe.My.God. and Raw Story
Chris Stokel-Walker / Wired:
Twitter's $42,000-per-Month API Prices Out Nearly Everyone — Tiers will start at $500,000 a year for access to 0.3 percent of the company's tweets. Researchers say that's too much for too little data. — Since Twitter launched in 2006, the company has acted as a kind of heartbeat for social media conversation.
Lisa Friedman / New York Times:
Biden Expected to Move Ahead on a Major Oil Project in Alaska — The decision would allow an enormous $8 billion drilling project in the largest expanse of pristine wilderness in the United States. — WASHINGTON — In one of the most consequential climate decisions of his administration …
Discussion:
The Guardian, NPR and KTOO
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Ella Nilsen / CNN:
Biden administration to approve major Alaska oil drilling project Willow
Biden administration to approve major Alaska oil drilling project Willow
Discussion:
Bloomberg, Associated Press, The Daily Caller and Alaska House Coalition
Phil Williams / WTVF-TV:
'I'm really, really sorry.' Tennessee Lt. Gov. Randy McNally apologizes after uproar over social media posts — NASHVILLE, Tenn. (WTVF) — Tennessee Lt. Gov. Randy McNally, in an exclusive interview Thursday, apologized after the uproar over his interactions with provocative posts on social media …
Discussion:
The Daily Beast, NBC News, Second Nexus, Washington Post, Slate, The Signorile Report, The Hill, NPR, WTOP News, Advocate, Fox News, New York Daily News, Joe.My.God., HuffPost and Raw Story
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Brock Colyar / The Cut:
Zooming With Tennessee Thirst Trap Franklyn McClure … “I love being naked,” says Franklyn McClure, 20, Zooming from the porch of his home in Charlotte, North Carolina, and wearing nothing but a pink pair of briefs and a whole lot of jewelry and lip gloss. “So that's why I didn't want to wear a shirt for this interview.
Caleb Ecarma / Vanity Fair:
How Rod Dreher's Blog Got a Little “Too Weird” for The American Conservative — The right-wing commentator's columns, which were unedited and bankrolled by a single donor, will be shuttered Friday after a 12-year run. Sources say it was ultimately a diatribe on circumcision that was a bridge too far.
Discussion:
The American Conservative
Dana Milbank / Washington Post:
Kevin McCarthy joins the insurrection — Not since the Know-Nothing Party disappeared in the 1850s has a public figure boasted about his ignorance with as much gusto as Kevin McCarthy does. — It doesn't seem to matter what you ask the speaker of the House. He hasn't read it, seen it or heard about it.
Discussion:
The Hill, Carmen says and Raw Story
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Slate:
Can Georgia Republicans Really Fire a Prosecutor for Indicting Trump? — Having tried and failed to interfere in Georgia's 2020 presidential election, Donald Trump's allies are now attempting to interfere with the ongoing grand jury investigation into that earlier misconduct.
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David Lat / Original Jurisdiction:
Yale Law Is No Longer #1—For Free-Speech Debacles — Congratulations, Stanford Law, you're the new poster child for intolerance. — Congratulations, Stanford Law School. You're the nation's new top law school—when it comes to free-speech debacles.1 (And I'm interrupting my vacation to cover you—so thanks for that too, SLS.)
Discussion:
Reuters, HotAir, Ringside at the Reckoning, Washington Free Beacon, The Daily Caller, Reason and Instapundit
Jozsef Papp / Atlanta Journal-Constitution:
Family: Activist's hands raised when shot by troopers near training center site — Family files lawsuit against city of Atlanta for release of information — An independent autopsy showed Manuel Teran's hands were raised when the activist was fatally shot by state troopers in January near …
Discussion:
Raw Story and New York Daily News
Washington Post:
House conservatives issue new spending demands in debt ceiling debate — The House Freedom Caucus insisted on steeper spending cuts than some GOP lawmakers had been considering, along with caps on future spending, as the fight over the debt ceiling intensifies
Discussion:
Axios, Talking Points Memo, Zandar Versus The Stupid, New York Post, NBC News, New York Daily News, ABC News, Wall Street Journal, Washington Times, CNBC, CBS News, New Republic, USA Today, Roll Call, Just The News, The Hill, Breitbart, Raw Story, Washington Examiner, Bloomberg, Fox News, Alternet.org, Insider and Political Wire
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David Lawder / Reuters:
Yellen warns U.S. House members of ‘economic collapse’ from default
Yellen warns U.S. House members of ‘economic collapse’ from default
Discussion:
The Boston Globe, Washington Monthly, The Hill, Roll Call, CBS News, The Cause and Fortune
Jeet Heer / The Nation:
The Horrifying and Shameful Return of Child Labor — Bipartisan buck-passing and a ramshackle immigration system have revived Victorian degradation. — The disorienting fact about the 21st century is that, even as the calendar moves forward, actual social and political reality is in a state of regression.
Discussion:
Wall Street Journal and MLive.com
Wall Street Journal:
Saudi Arabia, Iran Restore Relations in Deal Brokered by China — Accord marks diplomatic victory for Beijing in a region where U.S. has long dominated geopolitics — RIYADH, Saudi Arabia—Iran and Saudi Arabia agreed to re-establish diplomatic relations Friday in a deal mediated by China …
Discussion:
Haaretz, The Guardian, Al Arabiya, NBC News, France 24, KhabarOnline, The Long Mekong, New York Times, Vox, CNN, Insider, Al Jazeera, Washington Examiner, nationalinterest.org, Al-Monitor, One America News Network, NPR, Atlantic Council, Associated Press, The New Arab, Jewish Telegraphic Agency, Voice of America, Stimson Center, Responsible Statecraft, Fox News, The Daily Caller, RedState, Reuters, Financial Times, Human Events, The Hill, Bloomberg, The Diplomat, TASS and Breitbart
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Winn Sioux Christnot-Peters / Second Nexus:
Eric Swalwell Perfectly Shames Jim Jordan Over Hypocritical ‘Subpoena Compliance’ Demand — Eric Swalwell calls out Jim Jordan's hypocrisy for issuing subpoenas after defying them when Democrats were in control. — California Democratic Representative Eric Swalwell called out the hypocrisy …
Discussion:
The Hill, Just The News, Joe.My.God. and BizPac Review
Michael C. Bender / New York Times:
A Glimpse of DeSantis in Iowa: Awkward, but Still Winning the Crowd — Gov. Ron DeSantis of Florida visited Iowa on Friday, providing a window into his still-untested skills as a retail politician. — DAVENPORT, Iowa — Suzy Barker, a native Iowan dressed in an orange-and-blue University …
Glenn Kessler / Washington Post:
Tennessee congressman Andrew Ogles's résumé is too good to be true — The Fact Checker … — Rep. Andrew Ogles (R-Tenn.), speaking to supporters while running for election, July 23 — Ogles, a newly elected member of Congress, has been the subject of news reports …
Discussion:
Raw Story
Anshel Pfeffer / Haaretz:
Israel's Long-awaited Secular Uprising Is Finally Here — Israel's wave of protests isn't just about the balance of power between the government and judiciary. It is also about a secular middle class fighting to preserve Israel's essential character — Zen Read
Discussion:
New York Times
Zeynep Tufekci / New York Times:
Here's Why the Science Is Clear That Masks Work — The debate over masks' effectiveness in fighting the spread of the coronavirus intensified recently when a respected scientific nonprofit said its review of studies assessing measures to impede the spread of viral illnesses found it was …
Discussion:
cochrane.org, Twitchy and Commentary Magazine
Brandon Drenon / BBC:
Asteroid headed toward Earth may arrive on Valentine's Day 2046 - Nasa — A newly detected asteroid has a very small chance of impacting the Earth in 2046, Nasa tweeted on Tuesday. — If it does hit, the asteroid, roughly the size of an Olympic swimming pool, may arrive on Valentine's Day 2046 according to Nasa calculations.
Discussion:
NPR, The Western Journal, KXAN-TV and Al Jazeera
George Monbiot / The Guardian:
I once admired Russell Brand. But his grim trajectory shows us where politics is heading — In an age of distortion, public figures have powerful tools and a responsibility. This is an object lesson in how that can go wrong — n 2014, the Guardian asked me to nominate my hero of the year.
Washington Post:
What key players at Fox News said about the network and its viewers — The $1.6 billion defamation case against Fox News has given the public a rare look at the inner workings of the conservative cable-news giant — including what its executives and top personalities privately …
Bruce Leshan / wusa9.com:
‘I snapped’ | Day care owner says she shot her husband accused of child molestation in a moment of rage — In an exclusive interview from jail, Shanteari Weems says she shot her husband in the neck and thigh after a parent she trusted said he abused her kid.
Discussion:
Twitchy
Adam Klasfeld / Law & Crime:
Jury can see ‘Access Hollywood’ tape in E. Jean Carroll's rape case against Trump, federal judge rules — Former President Donald Trump cannot keep E. Jean Carroll from showing a jury the infamous “Access Hollywood” tape that nearly derailed his 2016 campaign in a lawsuit accusing him of rape, a federal judge ruled.
Discussion:
Bloomberg, Raw Story, NBC News, CNBC, Politico, WKBN-TV, Insider, Fox News, CNN, New York Post, Washington Examiner, Rolling Stone, Associated Press, Alternet.org, New Republic, Joe.My.God. and New York Daily News
Mark Magnier / South China Morning Post:
Exclusive: China unofficially suggests way to mitigate any Taiwan trip by House speaker: US sources — While the risk of an immediate crisis was reduced this week when US House Speaker Kevin McCarthy signalled near-term plans to meet Taiwanese President Tsai Ing-wen on US soil rather than in Taipei …
Discussion:
Washington Examiner and The American Conservative