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Year: 2024

New York Community Bancorp’s credit rating downgraded to junk on real estate concerns

By Matt Egan, CNN (CNN) — Embattled regional bank New York Community Bancorp suffered another blow Tuesday evening as Moody’s Investors Service downgraded its credit rating to junk status. Moody’s said the downgrade was driven by concerns about “challenges” facing New York Community Bancorp after the lender shocked Wall Street last week by revealing a surprise

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Bend councilors hear citizens’ passionate views, OK mayor’s letter calling for urgent efforts to end Mideast violence

Three weeks after several residents urged Bend city councilors to call for an immediate cease-fire in the war in Gaza, Mayor Melanie Kebler has drafted a carefully worded letter to President Biden and Oregon lawmakers for colleagues to consider Wednesday night, calling for “urgent” efforts to reach a “negotiated settlement to the war.”

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RNC Chair McDaniel has offered to step down following South Carolina primary

By Jeff Zeleny, Kaitlan Collins and Daniel Strauss, CNN (CNN) — Republican National Committee chairwoman Ronna McDaniel has offered to leave her position following the South Carolina primary later this month to allow former President Donald Trump to install his own party chair, two party advisers told CNN. She has also discussed those plans with Trump, according to

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Drug shortages may mean difference between life and death for some US patients, experts say

By Jen Christensen, CNN (CNN) — When T.J. Grimm and his team at University Hospitals Cleveland Medical Center put in their nightly orders to fill customers’ medications, they‘re never really sure that the orders will actually get filled. It’s a problem facing health care systems across the country: Pharmacy managers have been left scrambling to

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Azerbaijan’s Aliyev appears headed to a landslide win in election called after retaking Karabakh

By AIDA SULTANOVA Associated Press BAKU, Azerbaijan (AP) — Preliminary results of Azerbaijan’s presidential elections show incumbent Ilham Aliyev headed to a resounding victory, as expected. The head of the Central Election Commission said most votes from Wednesday’s election had been counted and Aliyev was winning the race with 92.05%. None of his challengers had

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The GOP-controlled House fails to impeach the homeland security secretary. What could come next?

By REBECCA SANTANA Associated Press WASHINGTON (AP) — The House has failed to impeach Homeland Security Secretary Alejandro Mayorkas over the Biden administration’s handling of the U.S.-Mexico border. Tuesday night’s vote marked the culmination of months of examination by House Republicans as they’ve aimed to make immigration and border security a key election issue. But

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Reps. Bentz, Chavez-DeRemer vote in favor of Mayorkas impeachment, but House vote narrowly fails

WASHINGTON (KTVZ) — Reaffirming their recent public stance, Reps. Cliff Bentz and Lori Chavez-DeRemer voted late Tuesday to impeach Homeland Security Secretary Alejandro Mayorkas, though the move narrowly failed by just two votes. Bentz released the following statement after voting in favor of impeaching Department of Homeland Security Secretary Alejandro Mayorkas: “It has been said that

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