Credit Suisse SPAC Head Stabinsky Leaves for Santander
Credit Suisse Group AG’s departures continue with its head of blank-check companies leaving after the fortunes of both
1970-01-01 08:00
Senate passes GOP bill overturning student loan cancellation, teeing it up for Biden veto
A Republican measure overturning President Joe Biden's student loan cancellation plan passed the Senate on Thursday and now awaits an expected veto. The vote was 52-46, with support from Democratic Sens. Joe Manchin of West Virginia and Jon Tester of Montana as well as Arizona Sen. Kyrsten Sinema, an independent. The resolution was approved last week by the GOP-controlled House by a 218-203 vote. Biden has pledged to keep in place his commitment to cancel up to $20,000 in federal student loans for 43 million people. The legislation adds to Republican criticism of the plan, which was halted in November in response to lawsuits from conservative opponents. The Supreme Court heard arguments in February in a challenge to Biden's move, with the conservative majority seemingly ready to sink the plan. A decision is expected in the coming weeks. “The president’s student loan schemes do not ‘forgive’ debt, they just shift the burden from those who chose to take out loans onto those who never went to college or already fulfilled their commitment to pay off their loans,” said Louisiana Sen. Bill Cassidy, lead sponsor of the Senate push. The legislation aims to revoke Biden’s cancellation plan and curtail the Education Department’s ability to cancel student loans in the future. It would rescind Biden’s latest extension of a payment pause that began early in the pandemic. It would retroactively add several months of student loan interest that was waived by Biden’s extension. The GOP challenge invoked the Congressional Review Act, which allows Congress to undo recently enacted executive branch regulations. Passing a resolution requires a simple majority in both chambers, but overriding a presidential veto requires two-thirds majorities in the House and Senate, and Republicans aren't expected to have enough support to do that. "If Republicans were to get their way and pass this bill into law, people across the country would have relief they are counting on snatched away from them,” said Sen. Patty Murray, D-Wash. ___ The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content.
1970-01-01 08:00
Aces vs. Dream prediction and odds for Friday, June 2 (Vegas is must bet)
Through four games of the 2023 WNBA season, I think it’s fair to ask this question:Are the Las Vegas Aces the greatest team ever assembled?Las Vegas has wins by 41, 9, 28 and 21 to start the season, posting an absurd net rating of 28.7.To put this in perspective, the second-best ne...
1970-01-01 08:00
American expat shot dead on her ‘Shangri-La’ off-the-grid farm in Ecuador
A Colorado mother-of-three was shot dead while trying to protect her elderly father during a home invasion at her farm in southern Ecuador. Francesca Williams, 44, was killed when robbers burst onto the family property in the village of Vilacamba where she lived with her father John, husband Michael and the couple’s three teenage daughters on 20 May, according to reports. Michael Williams told KDVR that the first he realised the farm was under attack was when he was struck by a hard object in the head while standing outside and collapsed to the ground. Francesca had been hanging washing when the gunmen showed up, and was fatally shot in the back while trying to protect her birth father John, her adoptive mother Marianna Bacilla told NBC San Diego. John, who suffered from emphysema and dementia, was stabbed three times during there attack but is out of hospital and expected to make a full recovery. The couple’s daughter Rachel told KDVR that she had witnessed the gunfire strike her mother. “I saw my grandpa on the floor with a strange man to the right, then I saw another man with my mom and she was scrambling after him, basically fighting him off,” the teenager said. “Then I saw two sparks of a gun and heard gunshots.” The family reported hearing the men asking in Spanish for the “large aunt”, and believe they were at the wrong address. Michael Williams told the news site he was tied up before the assailants ransacked the home taking any valuables they could find, including iPads and laptops. After they left he discovered his wife badly wounded and drove to the nearest medical facility, but she had already succumbed to her injuries. Her body has since been returned to her former hometown of Kremmling, Colorado, and a funeral is due to be held on 3 June. On a fundraising page set up to help the family, Ms Bacilla said they had moved several years ago to the farm in rural southern Ecuador where they were raising chickens, goats, horses, pigs, ducks and guinea fowl. “It was their humble Shangri-La,” she said. Francesca Williams was described as a devoted wife and mother, who graduated from the University of California, San Diego with a degree in linguistics. She was fluent in French, Spanish and Lithuanian, worked as a translator and had recently published her first illustrated children’s book The King’s Magic. A few days after the attack, Michael Williams said the family were in a “heightened level of anxiousness and security because we aren’t in a safe place”. A GoFundme page has received nearly $30,000 in donations. Read More New Jersey attorney linked to three rapes after family submitted DNA to genealogy website Ecuador lawmakers denounce president's disbanding of National Assembly, argue it wasn't legal Lauren Boebert didn’t turn up to vote on debt ceiling deal she furiously campaigned against
1970-01-01 08:00
American Airlines' reliance on partners faces test after court ruling
By Rajesh Kumar Singh CHICAGO American Airlines' plan to grow revenue by relying more heavily on alliance partners
1970-01-01 08:00
LAFC's Steve Cherundolo credits Club Leon for disappointing 2-1 defeat
LAFC go into the second fixture of the CCL final with a chance to lift the trophy if they win by two goals.
1970-01-01 08:00
Apple’s Retail Plans Will Push Company Deeper Into China, Overhaul US Stores
Apple Inc. is working on plans to expand and revitalize its retail chain, aiming to push deeper into
1970-01-01 08:00
Ange Postecoglou responds to Tottenham manager links
Ange Postecoglou has insisted that links with the vacant Tottenham Hotspur managerial role haven't 'registered' with him.
1970-01-01 08:00
Robert F. Kennedy Jr. emphasizes the importance of a democratic election and hits DNC in speech to New Hampshire Senate
Robert F. Kennedy Jr., the environmental lawyer and anti-vaccine activist who launched his 2024 presidential bid earlier this year, discussed the importance of a democratic election and critiqued the Democratic National Committee over the push to change the presidential nominating calendar in a Thursday address to the New Hampshire Senate.
1970-01-01 08:00
Arrest of ‘Stop Cop City’ bail fund organisers is ‘alarming escalation’ of police retaliation, activists warn
Atlanta police have arrested three organisers behind a nonprofit group that provides bail and legal support to arrested protesters involved with a monthslong campaign against a sprawling, multi-million dollar law enforcement complex. Marlon Kautz, Adele Maclean and Savannah Patterson – all board members with the Atlanta Solidarity Fund – were charged with one count each of money laundering and charity fraud on 31 May. If convicted on money laundering charges, the organisers could face up to 20 years imprisonment and tens of thousands of dollars in fines. Bail fund organisers and civil rights groups have warned that the arrests mark a rapid and unconstitutional escalation of law enforcement retaliation against demonstrators involved with the “Stop Cop City” movement. Atlanta activists also fear that prosecutors are planning to indict those arrested in connection with the protests as a “criminal organisation” under Georgia’s sweeping state-level statute that has been used to target organised crime. Lauren Regan, executive director of the Civil Liberties Defense Center, called the arrests an “extreme provocation” from Atlanta Police Department and state prosecutors. “Bailing out protestors who exercise their constitutionally protected rights is simply not a crime,” she said in a statement. “In fact, it is a historically grounded tradition in the very same social and political movements that the city of Atlanta prides itself on. Someone had to bail out civil rights activists in the [1960s] – I think we can all agree that community support isn’t a crime.” The Atlanta Public Safety Training Center project has been at the centre of “Stop Cop City” protests and occupations since its proposal in 2021, expected to occupy 85 acres in a historically and environmentally significant forest area owned by the city of Atlanta. The police training facility in the South River Forest has drawn widespread opposition from environmental groups and criminal justice reform advocates. Police have arrested dozens of people during protests, including more than 40 people facing “domestic terrorism” charges. The Atlanta Solidarity Fund – among similar organisations across the country that provide bail support and legal aid – has predated the “Stop Cop City” movement and provided grants to a number of groups in the Atlanta area. The fund also has provided legal aid and bail assistance to protesters facing excessively high bonds, with some as high as $300,000. A statement from the Georgia Bureau of Investigation accuses the three arrested organisers with committing “financial crimes”; an arrest warrant for Ms Patterson connects a “money laundering” charge to reimbursements from the nonprofit to a personal PayPal account for expenses including “gasoline, forest clean-up, totes, [Covid-19] rapid tests, media, yard signs and other miscellaneous expenses.” In a statement defending the arrests, Georgia’s Republican Governor Brian Kemp called bail organisers “criminals” who “facilitated and encouraged domestic terrorism”. “As we have said before, we will not rest until we have held accountable every person who has funded, organized, or participated in this violence and intimidation,” Georgia Attorney General Chris Carr said. The arrests of the bail fund organisers on 31 May comes roughly one week after news of the project’s $67m price tag, more than double the $30m projected cost, and days before the Atlanta City Council’s anticipated vote on 5 June on whether to fund the facility. In a written statement prepared in the event of an arrest, Kautz said that criminal charges against the Atlanta Solidarity Fund “will have repercussions on the ability of movements to create change across the country,” a tactic from “a new playbook that criminalizes the coalition of advocates who are providing financial and physical support to movements.” Fair Fight Action, a voting rights organisation founded by Stacey Abrams in 2018, stressed that “legal aid groups and bail funds are, and have long been, critical resources for those seeking to make their voices heard in their communities.” “The timing of the state actions – just one week before a controversial vote – is not a coincidence,” the group said in a statement condemning the arrests. “Bail funds were integral during the Civil Rights Movement, oftentimes serving as the only path to freedom for arrested protesters. The incendiary rhetoric against and criminalization of these institutions by the Kemp administration represents an alarming escalation of tensions in the face of serious community concerns.” Sherilynn Ifill, former president and director counsel of the NAACP’s Legal Defense Fund, said the arrests “demand explanation” from Atlanta Mayor Andre Dickens and Atlanta Police Department chief Darin Schierbaum. “They may wish to recall that targeting the charitable status [and] legitimacy of groups involved in civil rights organizing has a long and ugly history in the South,” she said. “This is dangerous stuff. It is anti-democratic and menacing to organizing and protest – core protected activity in a democracy.” State Senator Josh McLaurin lambasted Mr Carr for what he called an “attempt to score cheap political points by being reckless with people’s lives.” “This empty, 1990s-style tough-on-crime bull**** is tired and dangerous,” he said. Georgia state Rep Saira Draper, whose district includes the area where the arrests were made, said she is “deeply concerned” about the case and the “grossly excessive” use of a SWAT team and helicopters to make the arrests. “What I do know is weaponizing the powers of the state for political gain is abuse of power,” she said. Atlanta City Councilmember Liliana Bakhtiari also said the case deserves “the utmost scrutiny and sensitivity as it moves through the legal process.” Read More Marjorie Taylor Green falsely claims slain Georgia activist killed police officer at Cop City protest Autopsy strengthens case that ‘Cop City’ activist didn’t fire first before being gunned down by police
1970-01-01 08:00
Is Valorant Night Market Coming in June 2023?
Valorant Night Market is returning on June 7 to give players a chance to purchase six randomized gun skins at a discounted price.
1970-01-01 08:00
Brazil Congress Backs Lula’s Cabinet, But Tests Green Agenda
Brazil’s senate approved a provisional measure establishing the structure of President Luiz Inacio Lula da Silva’s cabinet, a
1970-01-01 08:00
