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US stocks open lower as bank worries still weigh on markets

Published Wed, 26 Feb 2025 01:35:40 GMT

NEW YORK (AP) — Stocks are falling as more worries about banks on both sides of the Atlantic tug markets lower. The S&P 500 fell 0.6% early Friday. The Dow and the Nasdaq also fell. Treasury yields dropped. Markets have been turbulent on worries that banks are weakening under pressure from higher interest rates. That’s led to rising concerns about a recession and uncertainty about what central banks will do with interest rates going forward. The stock of major German bank Deutsche Bank sank more than 10%. Earlier this month, depositors and investors fled Credit Suisse so swiftly that Swiss regulators brokered a takeover by its rival UBS.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Shares on Wall Street tumbled in premarket trading Friday as worries flared over turmoil in the banking sector and potentially worsening risks of recession. Futures for the Dow Jones Industrial Average slid 1% before the bell and the benchmark S&P 500 fell 0.8%.Most U.S. bank st...

Scotland extends coach Clarke’s contract to 2026 World Cup

Published Wed, 26 Feb 2025 01:35:40 GMT

GLASGOW, Scotland (AP) — Steve Clarke extended his contract Friday with Scotland’s national soccer team through the 2026 World Cup, which would make him the Tartan Army’s longest-serving coach in more than 20 years.The Scottish Football Association announced the deal ahead of European Championship qualifying games against Cyprus and Spain.Clarke led Scotland to Euro 2020 for its first major tournament since the 1998 World Cup.After Scotland lost to Ukraine in the playoffs for last year’s World Cup, the team won a Nations League group to advance to the top tier for the first time.Clarke, a former Chelsea defender, was hired in 2019 and is set to have the longest spell in the Scotland job since Craig Brown left in 2002 after nine years.“Steve has united the nation behind a successful men’s national team,” SFA chief executive Ian Maxwell said in a statement.Scotland’s Euro 2024 qualifying group also includes Norway and Georgia.The top two teams in the group will advance to ...

French President Emmanuel Macron condemns unrest at pension reform protests, says ‘violence has no place in a democracy’

Published Wed, 26 Feb 2025 01:35:40 GMT

BRUSSELS (AP) — French President Emmanuel Macron condemns unrest at pension reform protests, says ‘violence has no place in a democracy.’Source

Kimmich praises Nagelsmann amid reports Bayern coach out

Published Wed, 26 Feb 2025 01:35:40 GMT

FRANKFURT, Germany (AP) — Bayern Munich midfielder Joshua Kimmich praised Julian Nagelsmann as an “outstanding” coach Friday amid reports that the 35-year-old manager is set to be fired and replaced by Thomas Tuchel.Both Kicker magazine and German tabloid Bild reported Thursday that Bayern was ending Nagelsmann’s spell in charge following the team’s 2-1 loss at Bayer Leverkusen in the Bundesliga on Sunday.“I can only say that Julian Nagelsmann is an outstanding coach. Really, I’ve had a lot of coaches and a lot of top coaches and despite that I’d say he’s easily in the top three of my best coaches,” Kimmich told reporters Friday as he prepares to captain Germany in a friendly against Peru on Saturday. “As things stand at the moment, you can surely understand that I can’t say anything” about the reports, he added.Germany coach Hansi Flick, who was Nagelsmann’s predecessor at Bayern, said he was “very surprised” to see reports saying Nagelsmann woul...

Macron says ‘common sense and friendship’ led to cancelation of King Charles III’s trip due to protests in France

Published Wed, 26 Feb 2025 01:35:40 GMT

BRUSSELS (AP) — Macron says ‘common sense and friendship’ led to cancelation of King Charles III’s trip due to protests in France.Source

Strangled, stabbed, left to die: Who murdered this woman in 1996?

Published Wed, 26 Feb 2025 01:35:40 GMT

DENVER (KDVR) — “Their voices may now be silent . . . those who may know the truth are not,” the Colorado Bureau of Investigation shared as a part of its mission as it works to assist in bringing justice to cold case tragedies.There are hundreds of unsolved homicide cases, long-term missing person cases, and unidentified remains cases in our state where at least three years have passed since the crime happened. Cold case: Who murdered this 12-year-old paper boy in 1981? The Colorado cold case task force created a list of those cases dating back to 1970. The Problem Solvers are working to highlight cold cases in our state each week.Who murdered Jodi Carrigg?The Colorado Bureau of Investigation and Denver Police Department are working to solve a cold case murder from 1996.The CBI said Jodi Carrigg was found dead inside a closet at a motel near the intersection of 11th Avenue and Broadway. Cold case: Who murdered this man on Lookout Mountain? Duri...

Trump attorney in documents case appears before grand jury

Published Wed, 26 Feb 2025 01:35:40 GMT

WASHINGTON (AP) — A lawyer for Donald Trump was back in court Friday after being ordered to answer questions before a grand jury investigating the possible mishandling of classified documents at the former president’s Florida estate.M. Evan Corcoran entered federal court in the District of Columbia early Friday morning, one week after a federal judge ruled in favor of the Justice Department in forcing Corcoran to answer additional questions before a grand jury that has been hearing testimony for months. He did not make any comments as he arrived at the building.The interest by prosecutors in Corcoran’s testimony underscores the legal peril confronting Trump, making clear the department’s continued focus on whether Trump obstructed government efforts to recover hundreds of classified documents taken from the White House to Mar-a-Lago at the end of his term.A search warrant affidavit released last August showed that investigators were examining potential violations o...

Video shows US Navy Sailor Seamus Gray outside Waukegan bar before going missing

Published Wed, 26 Feb 2025 01:35:40 GMT

WAUKEGAN, Illinois (WLS) — Waukegan police continue to search for a Navy sailor who hasn’t been seen or heard from since Saturday.Seamus Gray, 21, was last seen leaving the Ibiza Bar on Genessee Street Saturday morning. He was wearing a red shirt or jacket – and red pants.Concerning video shared with ABC7 shows what transpired outside the bar moments before he went missing.An attorney for Ibiza Night Club says Gray was there twice Friday night, on St. Patrick’s Day.Gray, seen in all red, first left Ibiza at 10:30 p.m. Then, according to the attorney, returned to the bar at 1:30 a.m. near closing time.The attorney said the bar kicked Gray and a group of others out shortly after, because they were too intoxicated. At one point in the video, Gray is seen lying on the ground.Another surveillance video, shared by Waukegan police, captures Gray, walking alone, at the intersection of Sheridan Road and Washington around 1:40 a.m. Police said there is more video of hi...

Animal sanctuary rescues cow after escaping slaughterhouse

Published Wed, 26 Feb 2025 01:35:40 GMT

BROOKLYN, NY. (WSVN) – A cow’s life was saved after breaking free from a slaughterhouse in Brooklyn, Tuesday.The 4-month-old calf was being transported to the Saba Live Poultry slaughterhouse when she escaped. Workers immediately started chasing the cow with local pizzeria workers joining. Video showed the cow evading people at all costs as they tried to round her up. After the cow was caught, Skylands Animal Sanctuary offered to take her in.

UK and EU seal the deal on post-Brexit Windsor Framework

Published Wed, 26 Feb 2025 01:35:40 GMT

LONDON — The U.K. and EU made official their new plan to ease post-Brexit trade tensions in Northern Ireland — despite ongoing objections from the region’s Democratic Unionist Party.A series of meetings in London Friday co-chaired by Maroš Šefčovic, the EU’s Brexit pointman, and James Cleverly, the U.K.’s foreign secretary, saw the formal adoption of the Windsor Framework after months of at-times-acrimonious talks.“These arrangements address, in a definitive manner, the challenges in the operation of the Protocol on Ireland/Northern Ireland over the last two years and the everyday issues faced by people and businesses in Northern Ireland, while supporting and protecting the Good Friday or Belfast Agreement in all its parts,” a joint statement from the two men read. The breakthrough plan, unveiled last month, aims to resolve a host of issues with the post-Brexit setup governing Northern Ireland and to convince unionists in the region to return to its pow...