money Credit Suisse takes $4.7 billion hit, cuts 2 execs amid Archegos fallout
Yahoo Finance’s Oscar Williams-Grut and Julie Hyman discuss the extent of Credit Suisse’s losses following Archegos hedge fund scandal.
Yahoo Finance’s Oscar Williams-Grut and Julie Hyman discuss the extent of Credit Suisse’s losses following Archegos hedge fund scandal.
A mother is suing Indianapolis Public Schools, as well as some of its staff members, claiming that her 7-year-old son was recorded as he was attacked by another student.
The Republican-controlled U.S. House of Representatives on Saturday is set to vote on, and expected to pass, a $95 billion legislative package providing security assistance to Ukraine, Israel and Taiwan, over bitter objections from party hardliners. More than two months have passed since the Democratic-majority Senate passed a similar measure and U.S. leaders from Democratic President Joe Biden to top Senate Republican Mitch McConnell have been urging embattled House Speaker Mike Johnson to bring it up for a vote. Johnson this week chose to ignore ouster threats by hardline members of his fractious 218-213 majority and push forward the measure that includes some $60.84 billion for Ukraine as it struggles to fight off a two-year Russian invasion.
A growing majority of US Catholics favor legal abortion, a Pew study found. Meanwhile, Hispanics are growing as a segment of the Catholic population.
Authorities in the region of Kurgan in Russia's Urals mountains ordered an evacuation from several districts on Saturday due to rising river levels, after large snowfalls melted and heavy rain fell on ground already waterlogged before winter. Russia's Urals region and northern Kazakhstan often suffer flooding at this time of year but are seeing the worst in memory this year and authorities in Kurgan said the level of the Tobol river had already exceeded the highest level since 1994.
It was a week of unexpected developments in an unpredictable but consequential election year.
British interior minister James Cleverly has written to London's Metropolitan Police after an officer stopped a man who was wearing a traditional kippah cap from crossing a road during a pro-Palestinian march on the grounds he was "openly Jewish". The charity Campaign Against Antisemitism released a video late on Thursday which showed a police officer preventing Gideon Falter, its chief executive, from crossing a road in the capital because of the protest on April 13. The officer was videoed telling Falter he feared his presence could prompt a "reaction" because he was "quite openly Jewish".
One person was killed and eight wounded in an overnight explosion at an Iraqi military base housing a coalition of pro-Iranian armed groups, officials said Saturday.The Iraqi security forces media unit said "an explosion and a fire" hit the Kalsu base in the early hours of Saturday, leaving one person dead and eight wounded.
Hamas political leader Ismail Haniyeh will meet Turkey's President Recep Tayyip Erdogan on Saturday with Middle East tensions at a high after Israel's reported attack on Iran and Gaza bracing for a new Israeli offensive.According to press reports, that have never been denied, Haniyeh and other Hamas leaders were in Istanbul when the attacks were launched.
No one is around to harvest the fruits weighing down the loquat branches of Kfar Aza."Today I'm in Kfar Aza, but tomorrow, I don't know.
An Israeli airstrike on a house in Gaza’s southernmost city killed at least nine people, six of them children, hospital authorities said Saturday, as Israel pursued its nearly seven-month offensive in the besieged Palestinian territory. Israel's war against the Islamic militant group Hamas has led to a dramatic escalation of tensions in an already volatile Middle East. The strike late Friday hit a residential building in the western Tel Sultan neighborhood of the city of Rafah, according to Gaza’s civil defense.
It’s 420, or “weed day,” created to celebrate marijuana. But when it comes to weed’s impact on health, should we be celebrating or worrying? CNN asked the experts.
China has overtaken in the U.S. with the most branded coffee shops in the world as young people start drinking coffee to cope with a competitive job market and workplace.
President Biden's threat to triple tariffs of steel imports from China is as much about as the 2024 election as economics, according to trade experts.
Ukraine launched a barrage of drones across Russia overnight, the Defense Ministry in Moscow said Saturday, in attacks that appeared to target the country’s energy infrastructure. Fifty drones were shot down by air defences over eight Russian regions, including 26 over the country’s western Belgorod region close to the Ukrainian border.
The case is the Supreme Court's first chance to weigh in on the state laws restricting abortion that have gone into effect since overturning Roe v. Wade.
In December 2021, the principal at Eagle Point Elementary School in Broward County, Florida, received an anonymous bomb threat. Using a silent panic alarm app on her phone, she alerted police and within seconds her image appeared on multiple screens in the Broward County Sheriff’s Office.
About 1,300 people have fled from eastern Myanmar into Thailand, officials said Saturday, as fresh fighting erupted at a border town that has recently been captured by ethnic guerillas. Fighters from the Karen ethnic minority last week captured the last of the Myanmar army’s outposts in and around Myawaddy, which is connected to Thailand by two bridges across the Moei River. The latest clashes were triggered in the morning when the Karen guerillas launched an attack against Myanmar troops who were hiding near the 2nd Thai-Myanmar Friendship Bridge, a major crossing point for trade with Thailand, said police chief Pittayakorn Phetcharat in Thailand's Mae Sot district.
With just two weeks until local elections that will likely go badly for his governing Conservative Party, there is a growing sense that the British Prime Minister is a man to whom the epithet “in office but not in power” applies.
The once-tranquil city of Belgorod, some 25 miles north of Russia’s border with Ukraine, has been transformed into a kind of ghost town by Russia’s war.
A multi-billion-dollar tower featuring floor-to-ceiling glass will now add another dimension to the ever-changing, iconic city.