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By STAN CHOE AP Business Writer NEW YORK (AP) — Fear is gripping Wall Street about what’s next to topple following the second- and third-largest bank failures in U.S. history, and stocks are falling Monday as investors scramble to find someplace safe to park their money. The S&P 500 was 1.1% lower in early trading,
Continue ReadingBy Kara Scannell and Abby Baggini, CNN Former President Donald Trump does not plan to testify in a New York grand jury investigation into his alleged role in a scheme to pay hush money to adult film star Stormy Daniels, Trump’s attorney told CNN on Monday. The attorney, Joe Tacopina, also appeared on ABC’s “Good
Continue ReadingBy Tara Subramaniam, CNN India has made movie history by scooping its first Oscar for the best original song, “Naatu Naatu.” Praised for its buoyant choreography and catchy tune, the song, which has already won a Golden Globe award, is from the movie “RRR,” a Telugu-language drama set during India’s struggle for independence from Britain.
Continue Reading By JAMEY KEATEN and KARL RITTER Associated Press GENEVA (AP) — Senior U.N. officials are hosting Russian envoys in Geneva in a bid to extend an export agreement amid the war with Ukraine and prevent a potential new spike in world food prices. The meeting is taking place on Monday. Ukraine and Russia struck a
Continue Reading By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ Associated Press NEW YORK (AP) — President Joe Biden insisted Monday that the nation’s banking system was safe, seeking to project calm after the collapse of two banks stirred fears of a broader upheaval and prompted regulators to offer emergency loans to banks to stave
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By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ Associated Press NEW YORK (AP) — President Joe Biden insisted Monday that the nation’s banking system was safe, seeking to project calm after the collapse of two banks stirred fears of a broader upheaval and prompted regulators to offer emergency loans to banks to stave
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Juan Pablo Elverdin (CNN) — El presidente Joe Biden afirmó este lunes que los estadounidenses pueden tener “confianza en que el sistema bancario es seguro” y añadió que los directivos de Silicon Valley Bank y Signature Bank serán despedidos tras la quiebra de ambos bancos. “Hoy, gracias a la rápida actuación de mi administración en
Continue Reading By MATTHEW DALY and CHRIS MEGERIAN WASHINGTON (AP) — The Biden administration is approving the controversial major Willow oil project on Alaska’s petroleum-rich North Slope, according to two people familiar with the decision. The decision being announced Monday is one of President Joe Biden’s most consequential climate choices and is likely to draw condemnation from
Continue Reading By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ Associated Press NEW YORK (AP) — President Joe Biden on Monday told U.S. residents the nation’s financial systems are sound, following the swift and stunning collapse of two banks that prompted fears of a broader upheaval. “American can have confidence that the banking system is
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By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ Associated Press NEW YORK (AP) — President Joe Biden on Monday told U.S. residents the nation’s financial systems are sound, following the swift and stunning collapse of two banks that prompted fears of a broader upheaval. “American can have confidence that the banking system is
Continue Reading WASHINGTON (AP) — President Biden says none of the losses from bank failures will burden taxpayers, funds will come from bank fees.
Continue Reading By JARI TANNER Associated Press HELSINKI (AP) — A Swedish think tank says Russia’s invasion of Ukraine that led to a substantial flow of military aid to Kyiv made Ukraine the world’s third largest importer of arms in 2022. The Stockholm International Peace Research Institute, or SIPRI, reported that from 1991, when Ukraine became independent
Continue Reading By JARI TANNER Associated Press HELSINKI (AP) — A Swedish think tank says Russia’s invasion of Ukraine that led to a substantial flow of military aid to Kyiv made Ukraine the world’s third largest importer of arms in 2022. The Stockholm International Peace Research Institute, or SIPRI, reported that from 1991, when Ukraine became independent
Continue Reading By JILL LAWLESS Associated Press LONDON (AP) — The BBC says sports commentator Gary Lineker will return to the airwaves. Britain’s national broadcaster has reversed the former soccer great’s suspension for a post on Twitter that had criticized the British government’s new asylum policy. BBC Director-General Tim Davie said Monday that “I look forward to
Continue ReadingBy Ella Nilsen, CNN The Biden administration has approved the massive Willow oil drilling project in Alaska, angering climate advocates and setting the stage for a court challenge. The Willow Project is a decadeslong oil drilling venture in the National Petroleum Reserve, which is owned by the federal government. The area where the project is
Continue Reading By ANDREW DALTON and LINDSEY BAHR Associated Press BEVERLY HILLS, Calif. (AP) — Michelle Yeoh and Angela Bassett locked in a long embrace, whispering and laughing with glee as nearly every phone in the vicinity came out to take photos. Vanity Fair’s annual post- Oscars party was full of such moments of warmth and joy
Continue Reading By ANDREW DALTON and LINDSEY BAHR Associated Press BEVERLY HILLS, Calif. (AP) — Michelle Yeoh and Angela Bassett locked in a long embrace, whispering and laughing with glee as nearly every phone in the vicinity came out to take photos. Vanity Fair’s annual post- Oscars party was full of such moments of warmth and joy
Continue ReadingBy Jack Bantock, CNN It is said that a Grandma knows best. Scottie Scheffler, newly crowned The Players Championship winner, would agree wholeheartedly. Scheffler’s grandmother, Mary, could not have chosen a better week to follow her grandson around all 72 holes of a tournament. A dominant victory sealed a dream Sunday for Scheffler at TPC
Continue Reading By DAVID A. LIEB Associated Press Florida has long been known for sunshine — not only the warm rays that brighten its beaches but also the light of public scrutiny afforded by some of the nation’s strongest meetings and records laws. Although years of rollbacks have gradually clouded the impact, advocates are ringing alarms that
Continue Reading By RICK CALLAHAN Associated Press Authorities say a former University of Wisconsin-Madison graduate student emailed threats to kill the children of students, staff members and professors. Online court and jail records say 32-year-old Arvin Raj Mathur was being held Sunday at the St. Clair County Jail in Michigan, where he was arrested after traveling to
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