U.S./World category, Page 486
UBS confident about Credit Suisse deal despite ‘huge’ risk
GENEVA — The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging the deal will reduce costs, benefit shareholders and buttress Swiss finance despite “huge” risks in knitting the global lenders together. Speaking to UBS shareholders, Colm Kelleher...
French prime minister, unions meeting fails ahead of pension protests
PARIS — French trade union leaders walked out of talks with Prime Minister Elisabeth Borne on Wednesday after failing to find a compromise on the contentious plan to raise the country’s legal retirement age from 62 to 64 years. The heads of France’s major unions, who want the withdrawal of...
To counter China, U.S. trade rep seeks closer ties to allies
WASHINGTON — The Biden administration is pressing its case for a new approach to global trade, arguing that America’s traditional reliance on promoting free trade pacts failed to anticipate China’s brass-knuckled brand of capitalism and the possibility a major power like Russia would go to war against one of its...
Stormy Daniels must pay $122,000 in Trump legal bills
LOS ANGELES — Stormy Daniels must pay nearly $122,000 of Donald Trump’s legal fees that were racked up in connection with the porn actor’s failed defamation lawsuit, an appeals court ruled Tuesday. The decision in California came at about the same time that that Trump became the only ex-president to...
Paying for paradise? Hawaii mulls fees for ecotourism crush
HONOLULU — Repairing coral reefs after boats run aground. Shielding native forest trees from a killer fungus outbreak. Patrolling waters for swimmers harassing dolphins and turtles. Taking care of Hawaii’s unique natural environment takes time, people and money. Now Hawaii wants tourists to help pay for it, especially because growing...
Cities will get nearly $200M in grants for pipeline upgrades
LAS CRUCES, N.M. — Federal officials announced the first $196 million of grants Wednesday in a $1 billion program to repair and replace aging and sometimes leaking natural gas pipelines across the country. The Transportation Department and its Pipelines and Hazardous Materials Safety Administration announced that the city of Las...
Dangerous severe storms again hitting Midwest, SouthVideo
DES MOINES, Iowa — People still sorting through the wreckage of their homes after deadly weather hit over the weekend braced for another wave of strong storms, including tornadoes, that began rolling into parts of the Midwest and South beginning Tuesday evening. Officials warned residents to have shelter ready before...
At a glance: The 3 hush money cases in Trump indictmentVideo
The criminal charges that Donald Trump is now facing in New York stem from three separate instances in which the former president and his associates are accused of making hush money payments during his 2016 campaign: to two women to suppress information about extramarital sexual encounters they said they had...
Trump’s expected surrender creates New York spectacle
NEW YORK — A small park built on a site that was once a swampy, sewage-filled pond was ground zero for the frenzy surrounding former President Donald Trump’s expected surrender Tuesday at a courthouse in Lower Manhattan. Hundreds of onlookers, protesters, journalists and a few politicians swarmed into the confines...
About 5K GM salaried workers take buyouts, avoiding layoffs
DETROIT — About 5,000 white-collar workers at General Motors took the company’s buyout offers, which the automaker says is enough to avoid layoffs at this time. GM said Tuesday that the offers will save about $1 billion per year in costs, about half of the $2 billion it wants to...
Officials reach deal to restart northern Iraq oil exports
BAGHDAD — Iraq’s central government and officials from the semi-autonomous Kurdish region reached a deal Tuesday to resume oil exports from northern Iraq via a pipeline to Turkey. Iraqi Prime Minister Mohammed Shia al-Sudani and Masrour Barzani, prime minister of the semi-autonomous Kurdish region, announced the deal at a press...
U.S. chip controls threaten China’s technology ambitions
BEIJING — Furious at U.S. efforts that cut off access to technology to make advanced computer chips, China’s leaders appear to be struggling to figure out how to retaliate without hurting their own ambitions in telecoms, artificial intelligence and other industries. President Xi Jinping’s government sees the chips that are...
Biden offers $450M for clean energy projects at coal mines
WASHINGTON — President Joe Biden’s administration is making $450 million available for solar farms and other clean energy projects across the country at the site of current or former coal mines, part of his efforts to combat climate change. As many as five projects nationwide will be funded through the...
Bringing Lolita home: How to release a long-captive orca?Video
SEATTLE — An ambitious plan announced last week to return Lolita, a killer whale held captive for more than a half-century, to her home waters in Washington’s Puget Sound thrilled those who have long advocated for her to be freed from her tank at the Miami Seaquarium. But it also...
France boosts military spending amid war in Ukraine
PARIS — The French government on Tuesday approved a key budget bill presented as the country’s biggest military spending spree in more than 50 years, underscoring the impact of Russia’s war in Ukraine. The bill foresees 413 billion euros ($450 billion) in military spending or the period covering 2024-2030 -...
TikTok fined $15.9M by U.K. watchdog over misuse of kids’ data
LONDON — Britain’s privacy watchdog hit TikTok with a multimillion-dollar penalty Tuesday for misusing children’s data and violating other protections for users’ personal information. The Information Commissioner’s Office said it issued a fine of 12.7 million pounds ($15.9 million) to the short-video sharing app, which is wildly popular with young...
Finland joins NATO in major blow to Russia over Ukraine war
HELSINKI — Finland joined the NATO military alliance Tuesday, dealing a major blow to Russian President Vladimir Putin with a historic realignment of Europe’s post-Cold War security landscape triggered by Moscow’s invasion of Ukraine. The Nordic country’s membership doubles Russia’s border with the world’s biggest security alliance. Finland had adopted...
Trump is heading to court. Here’s what to expect
Former President Donald Trump came to a New York City courtroom Tuesday for his arraignment on charges related to falsifying business records in a hush money investigation, the first president ever to be charged with a crime. The Republican former president, who has denied any wrongdoing and has repeatedly assailed...
Trump charged with 34 felony counts in hush money schemeVideo
NEW YORK — A stone-faced Donald Trump made a momentous courtroom appearance Tuesday when he was confronted with a 34-count felony indictment charging him in a scheme to bury allegations of extramarital affairs that arose during his first White House campaign. The arraignment in a Manhattan courtroom was a stunning...
Lawyers: Ex-Maryland political aide dead after manhunt
BALTIMORE — A former Maryland political aide wanted on corruption charges died Monday after he was wounded while being confronted by law enforcement agents, his lawyer said, following a manhunt that was launched when the man failed to appear for trial. Attorney Joseph Murtha said the FBI confirmed Roy McGrath’s...
4 found dead in hotel area of Mexico’s Cancun beach resort
MEXICO CITY — Authorities in the Mexican resort of Cancun said Monday they have found four dead bodies in the city’s hotel zone near the beach. There was no immediate information on the nationalities or identities of the victims. The announcement of the deaths came less that a week after...
More severe weather forecast for battered South, MidwestVideo
OKLAHOMA CITY — While residents across parts of the South and Midwest pummeled by deadly storms and wildfires sifted through the wreckage of their homes Monday, forecasters warned of more severe weather and fire danger in the days ahead across much of the same region. The fierce storms that spawned...
Nashville police: School shooter planned attack for monthsVideo
NASHVILLE — As students across Nashville walked out of class on Monday to protest gun violence at the Tennessee Capitol as a result of a school shooting last week, police said the person who killed six people, including three 9-year-old children, had been planning the massacre for months. Police have...
Nashville police: School shooter planned attack for months
NASHVILLE, Tenn. — As students across Nashville walked out of class on Monday to protest gun violence at the Tennessee Capitol following a school shooting last week, police said the person who killed six people, including three 9-year-old children, had been planning the massacre for months. Police have not established...
Unlike in Trump case, Secret Service kept this one secret
WASHINGTON — The last time Secret Service agents escorted a U.S. leader to face criminal charges, they kept their mission a secret — even from their own bosses. It was Oct. 10, 1973, and just a few agents knew the history they would make in ensuring that Vice President Spiro...
