New York

USA: Cohen to testify before grand jury in Trump hush-money probe

NEW YORK (AP) — Donald Trump’s former lawyer and fixer Michael Cohen is poised to testify Monday before a Manhattan grand jury investigating hush-money payments he arranged and made on the former president’s behalf.

Cohen’s impending grand jury appearance was confirmed by two people familiar with the matter who were not authorized to speak publicly about grand jury proceedings and did so on condition of anonymity.

US, UK try to stem fallout from Silicon Valley Bank collapse

NEW YORK (AP) — Governments in the UK and U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down.

The UK Treasury and the Bank of England announced early Monday that they had facilitated the sale of Silicon Valley Bank UK to HSBC, Europe’s biggest bank, ensuring the security of 6.7 billion pounds ($8.1 billion) of deposits.

USA: From wine country to London, bank’s failure shakes worldwide

NEW YORK (AP) — It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.

From winemakers in California to startups across the Atlantic Ocean, companies are scrambling to figure out how to manage their finances after their bank suddenly shut down Friday. The meltdown means distress not only for businesses but also for all their workers whose paychecks may get tied up in the chaos.

USA: UN reveals plan to salvage oil from stricken supertanker

UNITED NATIONS, March 11 (NNN-AGENCIES) — The United Nations has released a plan to offload 1 million barrels of oil off a rusting supertanker that has been moored off the coast of Yemen for more than 30 years.

In an attempt to avert what could be one of the worst environmental disasters in history, a very large crude carrier was purchased by the UN to get the oil off the FSO Safer.

USA: UN chief calls for stamping out “poison” of anti-Muslim bias

UNITED NATIONS, March 11 (NNN-XINHUA) — UN Secretary-General Antonio Guterres called for the elimination of “poison” of anti-Muslim bias at an event marking the International Day to Combat Islamophobia.

“I thank Pakistan and the Organization of Islamic Cooperation for focusing attention – and calling for action – to stamp out the poison of Islamophobia,” the top UN official said at the high-level special event marking the International Day to Combat Islamophobia at the UN headquarters in New York.

USA: The New York hush-money probe of Donald Trump explained

NEW YORK (AP) — In the final weeks of the 2016 presidential election, Donald Trump’s lawyer tried to buy the silence of a porn actress who said she had a sexual encounter with the Republican during his days as a reality TV star.

More than six years later, New York prosecutors appear to be close to deciding whether Trump should face charges in connection with that payoff, in what could become the first criminal case ever brought against a former president.

USA: One of Silicon Valley’s top banks fails; assets are seized

NEW YORK (AP) — Regulators rushed Friday to seize the assets of one of Silicon Valley’s top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago.

Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week amid anxiety over the bank’s health. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008.

USA: Records in Fox defamation case show pressures on reporters

NEW YORK (AP) — It wasn’t critics, political foes or their bosses that united Fox News stars Tucker Carlson, Sean Hannity and Laura Ingraham when they gathered via text message for a gripe session shortly after the 2020 election.

It was their own network’s news division.

“They’re pathetic,” Carlson wrote.

“THEY AREN’T SMART,” Ingraham emphasized.

“What news have they broken the last four years?” Hannity asked.

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