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Deutsche Bank shares drop amid global jitters over banks

Published Fri, 27 Dec 2024 07:59:56 GMT

FRANKFURT, Germany (AP) — Shares in Deutsche Bank, Germany’s largest lender, fell sharply on Friday, dragging down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets.Deutsche Bank shares were off 12.8% in midday trading on the German stock exchange. The drop follows a steep rise in the cost of financial derivatives, known as credit default swaps, that insure bondholders against the bank defaulting on its debts. Rising costs on insuring debt were also a prelude to a government-backed takeover of Swiss lender Credit Suisse by its rival UBS. The hastily arranged marriage Sunday aimed to stem the upheaval in the global financial system after the collapse of two U.S. banks and jitters about long-running troubles at Credit Suisse led shares of Switzerland’s second-largest bank to tank and customers to pull out their money last week.Like Credit Suisse, Deutsche Bank is one of 30 banks considered globally significant f...

French protests continue; King Charles III’s trip postponed

Published Fri, 27 Dec 2024 07:59:56 GMT

PARIS (AP) — French citizens angry at President Emmanuel Macron’s pension reforms engaged in scattered protest actions Friday, as the ongoing unrest across the country persuaded officials to postpone a planned state visit by Britain’s King Charles III.Demonstrators had demanded that Charles cancel his trip, which was scheduled to start Sunday. The protests and labor strikes against Macron’s decision to raise France’s retirement age from 62 to 64 already had promised to impact his visit, with workers refusing to roll out the red carpet for the king’s arrival. Although no major protests were planned for Friday, train traffic was slowed, rows of trucks blocked access to Marseille’s port for several hours and debris still littered the streets of Paris following the previous day’s mass demonstrations. Over 450 protesters were arrested in Paris and beyond as some 300 demonstrations on Thursday drew more than a million people nationwide. Polls show that most F...

Man drives into pedestrians inside German airport garage

Published Fri, 27 Dec 2024 07:59:56 GMT

BERLIN (AP) — A motorist drove into several pedestrians Friday in a parking garage at Cologne-Bonn Airport in western Germany and injured some of them slightly, police said.A man allegedly drove straight at people inside the garage, but most were able to avoid him, German news agency dpa reported.No one’s life was in danger, police said, and the injuries were considered mostly minor. The man also drove into several cars, dpa said.The 57-year-old driver was detained and taken to the hospital. Police said there were indications he had mental health issues.Two police officers also received slight injuries when the suspect alleged resisted his detention.The Associated Press

We don’t just hang out anymore. It’s a problem.

Published Fri, 27 Dec 2024 07:59:56 GMT

In today’s Big Story podcast, your friends and family live in your phone. Sure, you see them from time to time, but usually for scheduled events, planned well in advance, with an agenda and a timeframe. How often do you just find a friend, and chill?Sheila Liming, author of Hanging Out: The Radical Power Of Killing Time, joins us on The Big Story to discuss the book, and all that she learned about the importance of human connection while writing it.“Hanging out is about finding ways to cultivate care, maybe in very small ways or even in the most mundane examples or experiences,” she said, “it can grow from there into a more hypothetical sense and a more wide-ranging sense.”There’s a particular kind of energy we get from just killing time, or wandering, and we’re losing it. What’s that doing to us?You can subscribe to The Big Story podcast on Apple Podcasts, Google and Spotify.You can also find it at thebigstorypodcast.ca.

Israeli AG warns Netanyahu defied conflict of interest rule

Published Fri, 27 Dec 2024 07:59:56 GMT

JERUSALEM (AP) — Israel’s attorney general on Friday warned Prime Minister Benjamin Netanyahu that he has violated the Supreme Court’s conflict of interest ruling, which barred him from direct involvement in his government’s divisive plans for a judicial overhaul.Netanyahu’s far-right government has barreled ahead with plans to weaken the Supreme Court and grant politicians less judicial oversight in their policymaking despite massive protests from across Israeli society — including an uproar among business leaders, top legal officials and military reservists. On Thursday, just hours after his coalition passed a law that would protect the Israeli leader from being deemed unfit to rule because of his corruption trial and claims of a conflict of interest, Netanyahu defiantly pledged to proceed with the overhaul.Netanyahu contended that stripping the attorney general of the power to remove him from office was necessary to clear the way for him to participate in the ne...

Dean's Reviews: 'John Wick: Chapter Four'

Published Fri, 27 Dec 2024 07:59:56 GMT

Check out WGN Entertainment Reporter Dean Richards' reviews for the latest on the new films coming to theaters and Paramount Pictures.Get Dean's reviews and A-List interviews delivered right to your inbox. Sign up for Dean's Downloads weekly newsletter. You'll also get his Dean Cooks recipes too!

Dean’s Weekender: Paw Patrol Live, Wilco, Impractical Jokers Live — and more

Published Fri, 27 Dec 2024 07:59:56 GMT

Check out Dean’s Weekender for the top events coming to the Chicagoland area this weekend.Get Dean's reviews and A-List interviews delivered right to your inbox. Sign up for Dean's Downloads weekly newsletter. You'll also get his Dean Cooks recipes too!

How Austin FC team uses oxygen to create an advantage

Published Fri, 27 Dec 2024 07:59:56 GMT

AUSTIN (KXAN) -- While Q2 stadium is where Austin FC play their games, much of the hard work is done elsewhere.Most of the training and recovery for Austin FC happens at the St. David's Performance Center in north Austin. That's where they have multiple practice soccer fields, a weight room, a barber shop and an altitude training room.In the altitude training room, the air is regulated so it simulates the lower oxygen content found at higher elevations. It helps to prepare for places the team travels, like Denver or Salt Lake City."It'll turn back on at six and it takes roughly four to five hours until it's back above 10,000 feet again," said David Tenney, High Performance Director for Austin FC, talking about the machine that regulates the oxygen in the room as he showed KXAN's Nick Bannin around the facility.Lower oxygen levels, if players are not used to it, can impact performance."The oxygen levels in your body are lower, so your oxygen that goes to your brain just gives you the...

18-wheeler struck by train in Luling Thursday

Published Fri, 27 Dec 2024 07:59:56 GMT

LULING, Texas (KXAN) -- An 18-wheeler was struck by a train at a crossing in Luling on Thursday. It happened at a crossing on Elm Avenue, according to a social media post from the Luling Police Department. NBC's News 4 in San Antonio reported that the driver was able to escape the truck before the collision happened. Luling police did not say why the crash happened.

State court official on leave after being arrested in UB locker room

Published Fri, 27 Dec 2024 07:59:56 GMT

BUFFALO, N.Y. (WIVB) — The district executive for New York State's Eighth Judicial District is on a voluntary leave of absence after being arrested in early March. According to a complaint filed with Amherst Town Court, Andrew Isenberg was issued an appearance ticket for loitering in the locker room of the University at Buffalo's Alumni Arena without "permission, authority or reason to be present on the premise." Get the latest, news, weather, sports and community events delivered right to your inbox! "We have been made aware of the alleged incident and are monitoring the situation," Lucian Chalfen, a spokesperson for the New York State Unified Court System, told NEWS10's Buffalo affiliate. The leave is unpaid. Isenberg, 55, is the ranking nonjudicial officer for the Eighth Judicial District, overseeing operations of state courts in all eight Western New York counties. He manages about 860 employees, 26 courthouse facilities and an annual budget totaling over $100 million, accord...