NEW YORK (AP) — A unit of American International Group that played an outsized role in the 2008 global financial crises is nearing its official end. AIG said Wednesday that its Financial Products unit has filed for Chapter 11 bankruptcy protection. Bad bets on mortgages by the Financial Products unit knocked parent AIG off its
Continue ReadingThe mountains are under partly cloudy skies this morning and we have seen no new snow overnight for any of the resorts. Skies will stay partly cloudy to mostly sunny through the day and highs will stay cold. Fortunately, we are not expecting very high winds, so it should be a good day on the
Continue ReadingÁngela Reyes Haczek (CNN Español) — Las tormentas no dan tregua en Estados Unidos: en áreas del noreste podrían acumularse más de 50 cm. de nieve (20 pulgadas) para el sábado 17 de diciembre, de acuerdo al pronóstico del Servicio Meteorológico Nacional (NWS, según sus siglas en inglés). Minnesota, Wisconsin y Nueva York son tres
Continue ReadingGOOD WEDNESDAY MORNING, EVERYONE… We settle in on the back side of a major winter storm today, so our skies will stay mostly sunny, but we will stay cold. Patchy morning freezing fog will clear and highs will be in the low to mid 30’s. A light NW breeze today will become light and variable
Continue ReadingBy Parija Kavilanz, CNN It happens every year — the mad dash to ship holiday gifts to get them to loved ones on time. And it bears repeating, especially for procrastinators, that the sooner you get the packages in the mail the better because of the annual surge in delivery volume in November and December.
Continue ReadingBy Rachel Ramirez, CNN Among the cocktail of extreme weather events that plow through the United States, tornadoes can be the most destructive and the most deadly especially for those unprepared for what’s to come. As severe weather events intensify, occur more often and exacerbate the country’s growing economic toll, science is running to keep
Continue ReadingISTANBUL (AP) — A Turkish court has sentenced the mayor of Istanbul to two years and seven months in prison on charges of insulting members of Turkey’s Supreme Electoral Council. The court convicted Mayor Ekrem Imamoglu on Wednesday and also imposed a political ban that could lead to his removal from office. Imamoglu is expected
Continue ReadingBy BEN NUCKOLS Associated Press The Scripps National Spelling Bee has its third executive director in the past two years. Scripps announced Wednesday that longtime bee staffer Corrie Loeffler will lead the competition. Loeffler is a 40-year-old former speller who has worked for Scripps since 2006. She says the executive director position is her dream
Continue ReadingBy DEE-ANN DURBIN AP Business Writer More than half of U.S. adults say it’s harder to afford holiday gifts this year. According to a new poll from The Associated Press-NORC Center for Public Affairs Research, 69% of them say they have seen higher prices for holiday gifts in recent months, up from 58% last year.
Continue ReadingBy DEE-ANN DURBIN AP Business Writer More than half of U.S. adults say it’s harder to afford holiday gifts this year. According to a new poll from The Associated Press-NORC Center for Public Affairs Research, 69% of them say they have seen higher prices for holiday gifts in recent months, up from 58% last year.
Continue ReadingBy HOWARD FENDRICH AP Tennis Writer A new Netflix docuseries about professional tennis called “Break Point” is scheduled to debut on Jan. 13. That is three days before the start of the 2023 Grand Slam season at the Australian Open. Netflix revealed the title and launch date on Wednesday. It also released a 30-second teaser
Continue ReadingBy HOWARD FENDRICH AP Tennis Writer A new Netflix docuseries about professional tennis called “Break Point” is scheduled to debut on Jan. 13. That is three days before the start of the 2023 Grand Slam season at the Australian Open. Netflix revealed the title and launch date on Wednesday. It also released a 30-second teaser
Continue ReadingBy JENNIFER McDERMOTT Associated Press British banking giant HSBC announced Wednesday it will no longer finance new oil and gas fields as part of its updated climate strategy. But the bank added it would still give finance to current projects “in line with current demand.” It would also continue to provide finance and advisory services
Continue ReadingBy JENNIFER McDERMOTT Associated Press British banking giant HSBC announced Wednesday it will no longer finance new oil and gas fields as part of its updated climate strategy. But the bank added it would still give finance to current projects “in line with current demand.” It would also continue to provide finance and advisory services
Continue ReadingBy Amy Woodyatt, Lauren Kent, Allegra Goodwin and Joseph Ataman, CNN At least four people have died after a small boat likely to be carrying migrants capsized in the English Channel, authorities confirmed Wednesday after a major search and rescue operation was launched in the early hours of the morning. The UK’s South East Coast
Continue ReadingBy Kristen Rogers, CNN Like brushing your teeth or washing your face, putting deodorant on every day might seem like one of those rituals crucial for basic hygiene. But your decision is most likely based more on personal and cultural preferences than any potential medical necessity, dermatology experts say. “People have strong preferences and sensitivities
Continue ReadingBy ZEKE MILLER AP White House Correspondent WASHINGTON (AP) — President Joe Biden on Wednesday said the U.S. “should have societal guilt” for the slow pace of action on restricting access to firearms as he marked the 10th anniversary of the mass shooting at Sandy Hook Elementary School. Twenty students and six educators died in
Continue ReadingSTOCKHOLM (AP) — Four chimpanzees escaped from their enclosure in a Swedish zoo and roamed freely before being captured and euthanized on Wednesday, according to Swedish media. Annika Troselius, press spokeswoman for the group that operates the Furuvik zoo, told the Expressen daily that the animals had to be euthanized because there was not enough
Continue ReadingWARSAW, Poland (AP) — Poland’s government has submitted to parliament a draft law that reverses key regulations on judicial responsibility that are an obstacle blocking the release of massive European pandemic recovery funds to the nation. Commentators say that the draft is a major step away from the policies that the right-wing government has been
Continue ReadingWARSAW, Poland (AP) — Poland’s government has submitted to parliament a draft law that reverses key regulations on judicial responsibility that are an obstacle blocking the release of massive European pandemic recovery funds to the nation. Commentators say that the draft is a major step away from the policies that the right-wing government has been
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