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UBS confident about Credit Suisse deal despite 'huge' risk

UBS confident about Credit Suisse deal despite 'huge' risk

GENEVA (AP) — The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging the deal will reduce costs, benefit shareholders and buttress Swiss finance despi
Swiss cut up to $66M in bonuses for top Credit Suisse execs

Swiss cut up to $66M in bonuses for top Credit Suisse execs

GENEVA (AP) — The Swiss government says it's ordered cuts to the bonuses of top executives of Credit Suisse, with nearly 1,000 managers being “deprived” of tens of millions combined as the troubled bank heads toward a forced merger with rival UBS .
Blinken says WSJ reporter 'wrongfully detained' by Russia

Blinken says WSJ reporter 'wrongfully detained' by Russia

BRUSSELS (AP) — U.S. Secretary of State Antony Blinken said Wednesday he has “no doubt” that Russia has wrongfully detained an American reporter for The Wall Street Journal who was arrested last week on spying allegations.
Love him? Hate him? For Donald Trump, attention is attention

Love him? Hate him? For Donald Trump, attention is attention

In the currency of today’s attention economy, Donald Trump is the world’s richest man. His media-engulfed arraignment in New York was an out-of-court Exhibit A.
Dutch court nixes plan to reduce flights at Schiphol Airport

Dutch court nixes plan to reduce flights at Schiphol Airport

THE HAGUE, Netherlands (AP) — A judge ruled Wednesday that the Dutch government cannot order Amsterdam's Schiphol Airport, one of Europe's busiest aviation hubs, to reduce the number of flights from 500,000 per year to 460,000, dealing a blow to effo
A decade in the EU, Croatia aids Balkan hopefuls

A decade in the EU, Croatia aids Balkan hopefuls

SKOPJE, North Macedonia (AP) — Croatia's prime minister promised on Wednesday to redouble efforts to help other countries in the region join the European Union as it prepares to mark a decade of EU membership.
Johnson elected Chicago mayor in victory for progressives

Johnson elected Chicago mayor in victory for progressives

CHICAGO (AP) — Brandon Johnson, a union organizer and former teacher, was elected as Chicago's next mayor Tuesday in a major victory for the Democratic Party’s progressive wing as the heavily blue city grapples with high crime and financial challenge
Ohio Republican lawmaker falsely claims to be MIT graduate

Ohio Republican lawmaker falsely claims to be MIT graduate

COLUMBUS, Ohio (AP) — A freshman state lawmaker in Ohio falsely claimed to have graduated from the Massachusetts Institute of Technology, according to the prestigious university, and he has stepped down from a House committee leadership post after th
Biden says tech companies must ensure AI products are safe

Biden says tech companies must ensure AI products are safe

WASHINGTON (AP) — President Joe Biden said Tuesday it remains to be seen if artificial intelligence is dangerous, but that he believes technology companies must ensure their products are safe before releasing them to the public.
German chancellery defends record on sending arms to Ukraine

German chancellery defends record on sending arms to Ukraine

BERLIN (AP) — German Chancellor Olaf Scholz's spokesman on Wednesday defended Berlin's record on delivering arms to Ukraine after the vice chancellor, a rare prewar advocate of providing Kyiv with weapons, said this week he was “deeply ashamed” that
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