By MATT OTT AP Business Writer Wells Fargo, the nation’s largest mortgage lender, saw its second-quarter revenue and profit decline as rising interest rates pushed people out of the housing market. The San Francisco bank earned $3.1 billion in the period, or 74 cents per share, coming up short of the 80 cents per share
Continue ReadingBy NICOLE WINFIELD Associated Press ROME (AP) — Italy is entering five days of political and financial uncertainty after the 5-Star Movement sparked a government crisis by withholding support on a government-sponsored bill. On the immediate horizon are behind-the-scenes consultations to see if Italian Premier Mario Draghi could be persuaded to try to find a
Continue ReadingBy NICOLE WINFIELD Associated Press ROME (AP) — Italy is entering five days of political and financial uncertainty after the 5-Star Movement sparked a government crisis by withholding support on a government-sponsored bill. On the immediate horizon are behind-the-scenes consultations to see if Italian Premier Mario Draghi could be persuaded to try to find a
Continue ReadingBy MARK GILLISPIE Associated Press AKRON, Ohio (AP) — Jayland Walker, the 25-year-old Black man who died last month at the hands of police in Akron, Ohio, was shot dozens of times, with 26 bullets recovered from his body, according to a preliminary autopsy report released Friday. Dr. Lisa Kohler, the Summit County medical examiner,
Continue ReadingBy Kyle Blaine and Eliza Mackintosh, CNN Saudi Arabia on Friday opened its airspace to all civilian carriers, including all flights to and from Israel, in a step toward normalizing relations between the two nations as US President Joe Biden tours the Middle East. In a statement shared hours before he was due to fly
Continue ReadingMOSCOW (AP) — A court in Russia’s far east has handed a rare acquittal to a feminist artist who was charged with disseminating pornography after she shared artwork online depicting female bodies. The charges against 29-year-old Yulia Tsvetkova in the far eastern city of Komsomolsk-on-Amur have been linked to the Kremlin’s aggressive promotion of “traditional
Continue ReadingLAUSANNE, Switzerland (AP) — Jim Thorpe has been reinstated as the sole winner of the 1912 Olympic pentathlon and decathlon in Stockholm — nearly 110 years after being stripped of those gold medals for violations of strict amateurism rules of the time. The International Olympic Committee announced the change Friday on the 110th anniversary of
Continue ReadingLAUSANNE, Switzerland (AP) — Jim Thorpe has been reinstated as the sole winner of the 1912 Olympic pentathlon and decathlon in Stockholm — nearly 110 years after being stripped of those gold medals for violations of strict amateurism rules of the time. The International Olympic Committee announced the change Friday on the 110th anniversary of
Continue ReadingBy Jamiel Lynch and Aya Elamroussi, CNN A Georgia school district approved a policy Thursday that allows some employees to carry weapons in schools, excluding teachers and staff who supervise classrooms. The Cobb County Board of Education voted 4-2 to pass the measure intended to improve security in Georgia’s second-largest school district. “This policy gives
Continue ReadingSOFIA, Bulgaria (AP) — Bulgaria’s defense minister says the country’s defense capabilities will not be seriously affected by Moscow’s decision to suspend Russian helicopter repair certificates to local companies. He said Bulgaria would also continue to repair Ukrainian military equipment. Russian Foreign Ministry spokesperson Maria Zakharova said in a statement a day earlier that Russia
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Continue ReadingBy RAF CASERT and JUSTIN SPIKE Associated Press BRUSSELS (AP) — The European Union’s executive has intensified its legal standoff with Hungary by taking Budapest to the EU’s highest court over a restrictive law on LGBT issues and media freedom. The EU had already tried for a year to make Hungary change a law that
Continue ReadingBEIRUT (AP) — The regional director at the International Federation of Red Cross and Red Crescent says a truce that went into effect in April in war-torn Yemen has not improved humanitarian conditions in the country. Hossam Elsharkawi said Friday that the effects of the war in Ukraine on food and fuel prices are causing
Continue ReadingBy MARGARET STAFFORD and SUMMER BALLENTINE Associated Press KANSAS CITY, Mo. (AP) — Leaders in largely Democratic Kansas City, Missouri, don’t control the city’s police department, hire the police chief or determine how the department spends its tax dollars. A 1930s-era law gives that power to a five-member board largely appointed by the Missouri governor,
Continue ReadingLAUSANNE, Switzerland (AP) — Russia remains barred from international soccer competitions including the Champions League after the Court of Arbitration for Sport rejected appeals by the national soccer federation and four clubs. CAS upheld decisions by UEFA and FIFA which excluded Russian national teams and clubs following Russia’s invasion of Ukraine. Russia was already excluded
Continue ReadingBy JIM HEINTZ Associated Press KHIMKI, Russia (AP) — A lawyer for WNBA star Brittney Griner at her drug possession trial in Russia on Friday gave the court a U.S. doctor’s letter recommending she use medical cannabis to treat pain. Griner, a two-time Olympic gold medalist and standout for the Phoenix Mercury, was arrested at
Continue ReadingFrancesca Street, CNN Home entertainment today is defined by sleek, high definition flat screen televisions, voice controlled speakers, and cell phones that know us better than we know ourselves. So when we board an airplane, decade-old, bulky inflight entertainment screens can feel like a hangover from another era. Recent inflight entertainment concepts aim to revolutionize
Continue ReadingBy Issy Ronald, CNN The Miami Marlins secured a bruising 3-2 victory over the Pittsburgh Pirates on Thursday — in every sense of the word. Marlins shortstop Miguel Rojas was hit square in the mouth by Oneil Cruz’s helmet as Cruz unsuccessfully tried to steal second base at the top of the ninth inning. Rojas
Continue ReadingBy ANGELA CHARLTON and BARBARA SURK Associated Press PARIS (AP) — The pilot of a Portuguese firefighting plane died when his plane crashed while on a firefighting operation in the northeast of the country Friday. The death came as fires continued to rage across Portugal, neighboring Spain and in France. In a message on his
Continue ReadingBERLIN (AP) — A German court has convicted a military officer who posed as a Syrian asylum-seeker aof plotting to attack prominent politicians. The court sentenced him to 5½ years in prison. The Frankfurt state court on Friday convicted the defendant of preparing a serious crime meant to endanger the state and violations of weapons
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