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the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference earlier. on friday, the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence, and that a swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with our regulator, with credit suisse and ubs. the federal council welcomes the takeover and is supporting it by guaran ....
morning continues right now. done. my nephew is alive. yes healing. it is not the story that that individual intended for us to tell you that right? there is a lot of hate. yeah right. here is a lot of love. love versus hate . disappoint they were making good morning, everyone. we re so glad you re here. caitlin is off protests and outrage in kansas city after a homeowner shot a black teenager. police say the team went to the wrong house by mistake when he was just trying to pick up his younger brothers to talk to you about the fox news to many in trial, it is delayed. there s new reporting. the network is trying to settle out of court with dominion voting systems. we re live outside the courthouse for you. brand new cnn reporting this morning. we re learning supreme court justice clarence thomas is going to make some changes to his financial disclosure forms after a real estate deal with the gop mega donor came to light this morning calls for justice across the country ....
new tornado emergency for you that storm right there is on the ground producing damage. we do know that it is a large and damaging tornado right now that just moved through winnie and parts of arkansas just to the north west of memphis, likely mrs memphis, but we ll keep watching that iowa city big storm just to your northwest was rotating for awhile. tornado was on the ground and things but on the ground since ottumwa, iowa, a long path so this area here from chicago through devenport all the way down to louisiana and mississippi, all part of the same system with e f to e f three s and larger likely with this not by tomorrow, this thing even gets to some of the big cities. now i m not e f two and e f three s. but watch this is hour by hour. i set this up because i know you all don t live in parts of arkansas but hour by hour as we roll this through the ohio valley down through tennessee, we go from seven o clock to nine o clock in advance again. back into the evening h ....
top of the hour this thursday. i m jim sciutto. i m erica hill. we begin this hour with the new reporting of the chinese surveillance balloon, and the state department is confirming that this device was capable of monitoring u.s. communications. that is likely one of the new details that lawmakers are learning this morning. the biden administration is giving classified briefings on the issue on capitol hill a short time ago, and we will give you more of what we are learning in a moment, and with reclosely following what is happening in europe. the ukrainian president volodymyr zelenskyy is calling on the european allies to step up the assistance and talking about specifically what they could do in his mind game-changers. fresh off of the sales pitch in wisconsin, president biden is headed to florida to expect to drive home his pledge in particular to protect social security and medicare, and we will have more on that message from the white house ahead. first of all ....
deadly shooting on miami beach. just seven blocks from where we are in this video exclusively obtained by cross country see the chaos unfold on ocean drive and the first responders quick response. fox news correspondent phil keating has the latest on this developing story. for the most part all of the month of march up to last night has been relatively calm and peaceful here in miami beach as well as the spring break scene new fort lauderdale and last night behind me on ocean drive, around 10:30 p.m., suddenly gunshots erupteds. i talk to a couple of of the spring breakers from westchester university in pennsylvania they said it was a stampede of people running into restaurants and hotel and shops trying to hide. miami beach police say two rushed across downtown miami to jackson medical center. one of those men young men ended up dying. so one dead, one wounded he s out of the hospital now. and they did detain one suspect who miami beach police say is cooperating ....