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you are in the cnn newsroom. i m paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland s largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global economic analyst, rana foroohar joins us now. all right, rana, can you explain to us this deal? yeah, absolutely. so a little bit of con context. credit suisse has been a troubled bank for some time. so this, you know, this is a bank that over the last couple of years has had any number of crises. it s been considered weak in the marketplace. even late last year, it was having its own probl ....
an indictment soon against former president donald trump. cnn has now learned the manhattan district attorney s office has invited trump to testify before a grand jury, all of this connected to the alleged hush money payment to adult film actress stormy daniels in 2016 right before the election. ahead, what it means as prosecutors weigh potential criminal charges. plus, good economic news, the u.s. economy added some 311,000 new jobs last month, that beat analysts expectations by a long shot. wages, unemployment up slightly. what does this all mean for the fed as it continues its fight to cool down inflation. we will break down the numbers. evacuation orders are in effect for parts of california. people along the central coast could see dangerous amounts of rain. we will take you there as residents prepare for yet another massive storm. but we do begin this hour with news in the manhattan district attorney s office signaling it could file criminal charges against f ....
at the u. s army base, fort campbell have confirmed the crash of two blackhawk helicopters, and it s believed that the incident could be deadly. we re told the aircraft went down in nearby trigg county around 10 p.m. wednesday night local time these photos from the crash site just into us now they were obtained by wkd z radio. in kentucky. the helicopters were with the 101st airborne division , and we re told that they were doing routine training when the crash occurred as of now, the official status of the crew members is unknown, but in a tweet earlier from kentucky governor andy beshear, he said that fatalities are expected and asked for prayers for those affected. stay with cnn for the very latest will bring you any updates as they come in. it s been four days since three children and three adults were killed in a school shooting and for many in nashville, tennessee , and across america, that pain and recovery will last a long time. the mayor says that the city s he ....
the fda has approved narcan for over-the-counter sales. the move by the fda to help combat drug overdose death. norah: midair fire scare, an engine gives out on a united flight. the new details. claims on the departure before us. it is not normal to have flames coming out of the back of a commercial airline. starbucks founder is in the hot seat about his company s efforts to block unions. starbucks coffee company unequivocally has not broken the law. follow your gut, your instincts, your heart. i am shiza shahid, i am an entrepreneur and the cofounder of our place. the more people cook, then more people gather, then we have conversations about the things that matter. norah: good evening to our viewers in the west, and thank you for joining us on this wednesday night. tonight, just days before holy week begins, catholics around the world are praying for pope francis. the vatican says the 86-year-old pope is in the hospital tonight after ....
attacks on u.s. citizens are unacceptable. we think our mexican and u.s. law enforcement efforts to find these innocent victims, the task force is to ensure justice is done. do you know how many people currently working going about their lives will lose their jobs some. inflation is extremely high and it is hurting the working people of this country badly. he is constantly pointing to china as a critical competitor to the u.s. why w we need a more comprehensive approach to mitigate these threats. live from london, this is cnn newsroom with max foster and bianca nobilo. it is wednesday, march 8. 9 3:00 a.m. in eastern texas and matamoros where authorities are working to learn more about the deaths of two of the four americans kidnapped last week. all four were found tuesday. a man is in custody in connection with the kidnappings, but officials vice president said if he is tied to a criminal group. the white house condemned the kidnappings. attacks ....