The Latest Breaking News from Santa Clara

Santa Clara is going to host another Super Bowl. And this time, it should host the whole week’s worth of festivities.

SANTA CLARA, Calif. — Has it really been 25 years since the 49ers produced a pair of 1,000-yard receivers? Yes.

SANTA CLARA, Calif. — Sam Darnold is the 49ers’ choice to fulfill their quarterback contingency plan while Brock Purdy recovers from elbow surgery and Trey Lance comes back from a fractured ankle.

SANTA CLARA, Calif. — Defensive tackle Javon Hargrave, one of the NFL’s top free agents, is coming to fortify the 49ers’ perenially stout defensive line, at a steep cost.

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Based in California and with about $US200 billion in assets, Silicon Valley Bank (SVB) was the 16th-largest in America, making it the biggest bank failure since the global financial crisis of 2008. The implications for financial markets and the global economy are big.

SANTA CLARA, California — Federal officials moved to insure all deposits at failed Silicon Valley Bank, hoping to inoculate the banking system against contagion, but shares of another Bay Area regional bank plunged on Monday.

Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa Clara, California-based lender suffered from an old-fashioned bank run. State regulators seized the bank and made the Federal Deposit Insurance Corporation its receiver.

The failure of one of the largest commercial banks in the U.S. left people frantically figuring out next steps Friday morning.