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Month: March 2023

Bailed out, arrested again: These charities boomed after the murder of George Floyd. They’re under fire for bailing out violent offenders

By Rob Kuznia and Yahya Abou-Ghazala, CNN In late August of 2021, Minneapolis police responded to a shooting along I-94, where they found a BMW sedan that had crashed into a freeway median. Slumped behind the steering wheel was 38-year-old Luis Damian Martinez Ortiz, who’d suffered a fatal gunshot wound to the chest. After reviewing

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The 3D printed superyacht concept designed to be ‘virtually invisible’

Tamara Hardingham-Gill, CNN It’s usually relatively difficult to fail to notice a superyacht, but this new concept from Jozeph Forakis Design has actually been designed to disappear into the background. Described as “virtually invisible” both in design and environmental impact, the 88-meter Pegasus concept is to be the world’s first 3D printed superyacht, according to

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Janet Yellen: Further rescues of depositors could be needed if smaller lenders suffer bank runs

By Matt Egan, CNN The federal government could once again come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like the one that collapsed Silicon Valley Bank, according to prepared remarks from US Treasury Secretary Janet Yellen. Yellen argues the government’s “decisive and forceful actions” have successfully calmed the banking

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