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world. i'm laila harrak. thousands of people ordered to evacuate their homes in california as the storm-battered state endures another round of heavy rain and flooding. donald trump facing new legal woes. the former u.s. president now weighing whether to testify before a grand jury about his alleged role in a hush money scheme. plus, a major step for the middle east as iran and saudi arabia strike a deal to restore diplomatic ties. the surprise agreement helped along by beijing. we'll break down what it all means. >> announcer: from cnn center, this is "cnn newsroom" with laila h...

latest. >> reporter: in what would be an historic case, the manhattan district attorney closer to bringing criminal charges against former president donald trump in a long-running investigation. >> we will look at the facts and the law and let the investigation and justice and what justice requires will dictate how much time we take. >> reporter: prosecutors are giving trump the chance to testify before a grand jury investigating his alleged role in that $130,000 hush money payout to adult film star stormy daniels days before the 2016 election to cover up their alleged affair a decad...

what happened? >> erica, this happened so fast. it's stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven't heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we...

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Transdev Rhein-Ruhr (TDRR) has received a contract for the operation of the S-Bahn Line 7 Wuppertal – Remscheid – Solingen in the Rhine-Ruhr Transportation Network (VRR).