JPMorgan Chase is caught in U.S Russia sanctions war after overseas court orders $440 million seized from bank
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Chevy Bolt owners win $150 million settlement after EVs caught fire
Some owners of the electric vehicle will be eligible for compensation of up to $1,400 because of a battery problem that caused fires.CBS News - Top stories -
Russian court seizes assets worth €463mn from Italy’s UniCredit
Move follows dispute with a subsidiary of Gazprom over guarantees made to German group LindeFinancial Times - Business - Russia -
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Drones smuggled drugs across Niagara River from Canada, 3 suspects caught in NY
Authorities say a smuggling operation used drones to fly drugs across the Niagara River from Canada into upstate New YorkABC News - Tech -
Blow to UAW as Mercedes-Benz workers in Alabama vote against union
Defeat marks a reversal for the United Auto Workers after victory at Volkswagen plant in ChattanoogaFinancial Times - Business -
Georgia and Russia's 'Hybrid War'
Vladimir Putin’s friends in Tbilisi are following the Kremlin’s playbook to shut down independent voices in civil society.The Wall Street Journal - World - Russia -
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
USC paid nearly $20 million in Lincoln Riley's first season after poaching coach from Oklahoma, per report
The Trojans paid a king's ransom for the splash hireCBS Sports - Sports -
State Department issues alert for Americans traveling overseas
The State Department issued a worldwide alert Friday for Americans traveling overseas. Sources tell CBS News the warning is a result of recent intelligence, citing threats by ISIS against Pride events in parts of Europe. CBS News national security ...CBS News - Top stories -
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.The Wall Street Journal - World -
Newly released photos depict cash and gold bars seized from Sen. Bob Menendez's home
The pictures were entered as evidence by prosecutors, who accuse the high-profile New Jersey Democrat of accepting “hundreds of thousands of dollars” in bribes.NBC News - Top stories -
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In Quest for Metals, U.S. Pitches Deal to Ease Sanctions on Israeli Businessman
Mining magnate Dan Gertler, whom the U.S. has accused of corruption, would sell his assets in the African country under a proposal that could make it easier for Western companies to access valuable minerals there.The Wall Street Journal - World - Israel -
In Quest for Metals, U.S. Pitches Deal to Ease Sanctions on Israeli Businessman
Mining magnate Dan Gertler, whom the U.S. has accused of corruption, would sell his assets in the African country under a proposal that could make it easier for Western companies to access valuable minerals there.The Wall Street Journal - Business - Israel -
May 16, 2024 - Russia's war in Ukraine
Russian President Vladimir Putin has met Chinese leader Xi Jinping in Beijing, emboldened by the survival of his wartime economy and Russia's advances in Ukraine.CNN - Top stories - Ukraine -
Key weeks ahead for Russia’s war in Ukraine
Russia has launched a push north of Kharkiv but its ultimate goal is so far unclear.BBC News - Top stories - Ukraine -