First Republic Bank’s shares plunge as it reveals more than $100bn of withdrawals
The bank, which was saved from possible collapse by a $30bn cash injection agreed by major lenders, saw its stock drop by up to 29% at the market open on Tuesday. They closed almost 50% lower, leaving its market value 93% lower in the year to date below $3bn. It followed the release of its […]
Singer, actor and civil rights activist Harry Belafonte dies at 96
The Grammy, Emmy and Tony winning star died of congestive heart failure at his New York home on Tuesday, with his wife by his side, according to a spokesperson. Reluctantly nicknamed “The King of Calypso”, he was largely responsible for bringing Caribbean music to an international audience in the 1950s, and the first singer – […]
Taylor Swift fans raise thousands for concert goer killed on way home from show
Jacob Charles Lewis, 20, was reportedly struck by a suspected drunken driver after his car broke down in the early hours of Saturday morning. He is understood to have attended Swift’s Eras Tour concert earlier that evening with his sister. Now, Swift’s fans have taken to the GoFundMe page, with many donating $13 or $113 […]
Joe Biden formally announces he will run for a second term as US president
Joe Biden has formally announced he is running for re-election in 2024, asking voters to give him more time to “finish the job” – with vice president Kamala Harris right by his side. The announcement of his run for the 2024 election comes four years to the day since he declared his initial bid for […]
Taliban kill Islamic State leader who masterminded Kabul airport bombing that left 13 US service members dead
The US military informed the families of the 11 marines, the sailor and the soldier killed in the blast during the chaotic US withdrawal from Afghanistan. About 170 Afghans were also killed in the bombing outside Hamid Karzai International Airport on 26 August 2021. Family members of the US personnel shared the information in a […]
Bed Bath & Beyond, described as a ‘US institution’, files for bankruptcy protection
Bed Bath & Beyond has filed for bankruptcy protection in the US, following years of falling sales, financial losses and failed recovery efforts. The homeware chain made the filing in the US District Court in New Jersey, saying it will start to wind down its operations while seeking a buyer for some or all of […]
Cruise ship passenger’s body was kept in drinks cooler for almost a week, lawsuit claims
A Florida widow and her family are suing a cruise line for allegedly mishandling her husband’s dead body and storing it in a drinks cooler after he died on board a ship. Robert Jones’ body was stored inside a walk-in cooler normally used for drinks for nearly a week instead of a properly chilled morgue […]
Richard Glossip: US death row inmate due to be executed in May as murder conviction upheld
Death row inmate Richard Glossip has had his conviction for murder upheld by an Oklahoma court, paving the way for him to be executed next month. Glossip, 60, was sentenced to death for ordering the 1997 killing of Barry Van Treese, the owner of a motel in Oklahoma City where Glossip worked. He has maintained […]
Twitter blue tick cull – The Pope, JK Rowling and Ant and Dec among hundreds of thousands losing their verification
Twitter has finally started removing “legacy” blue ticks from verified accounts, with some of the world’s best-known figures losing the verification sign. The Pope, author JK Rowling, football star Cristiano Ronaldo, US rapper Jay-Z, and TV stars Ant and Dec have lost their blue ticks on the social networking site, along with the Conservative and […]
Florida woman wins $2m after spending life savings on daughter’s breast cancer treatment
Geraldine Gimblet claimed the top prize in a $2m scratch card lottery. But when she went to buy the card, the shop assistant told her they didn’t have any left. “I asked him to double check because I like the crossword games the best. He found the last one!” she told Florida lottery officials in […]