The collapse of the Silicon Valley Bank worries the founding fathers of color

In the hours after some of Silicon Valley Bank’s largest clients began raising their funds, a WhatsApp group of startup founders who are immigrants of color grew to more than 1,000 members. Questions poured in as the bank’s financial status deteriorated. Some desperately sought advice: Could they open an account with a larger bank without … Read more

Russia and Ukraine extend grain deal to help the world’s poor

KYIV, Ukraine (AP) — An unprecedented war deal allowed grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices are driving more people into poverty was extended just before its due date, officials said Saturday. The United Nations and Turkish President … Read more

Mostly quiet in the streets of Paris, the rubbish is still piling up

PARIS (AP) — France was slated for a wave of protests this weekend against President Emmanuel Macron’s controversial pension reform, as trash continued to stink on the streets of Paris and beyond amid a strike by garbage collectors. An eerie calm returned to Paris on Saturday after two nights of thousands of strong protests in … Read more

Bank failures: fury in Congress, but division over what to do

WASHINGTON (AP) — Bills were filed, hearings scheduled and blame laid as Congress reacted to the abrupt bankruptcy of two banks last week. A look at what lawmakers are saying and planning as the fallout from the collapse of Silicon Valley Bank and Signature Bank continues. QUICK LEGAL FIXES LIKELY While President Joe Biden called … Read more

How a warrant for Putin puts a new spin on Xi’s visit to Russia

WASHINGTON (AP) — Chinese President Xi Jinping’s plans to meet with Russian President Vladimir Putin in Moscow next week highlighted China’s aspirations for a greater role on the world stage. But they also revealed the dangers of global diplomacy: Hours after announcing the trip on Friday, an international arrest warrant was issued for Putin on … Read more

Protests break out in France over Macron’s raising of the retirement age

PARIS (AP) — Protesters disrupted traffic in Paris on Friday as angry critics, political opponents and unions across France criticized President Emmanuel Macron’s decision to enforce a bill that would raise the retirement age from 62 to 64 . without a vote by parliament. Opposition parties would later start procedures on Friday for a vote … Read more

Yellen declares that the banking system is fine, as new bailouts have ordered

WASHINGTON (AP) — Treasury Secretary Janet Yellen offered firm, optimistic reassurances to rattling bank depositors and investors Thursday, even as US financial institutions and European agencies ordered fresh bailouts after the second largest bank collapse in US history. Closely, sometimes aggressively questioned, Yellen told senators at a hearing at the Capitol that the U.S. banking … Read more

France’s Macron bypasses parliament to push through unpopular pension reforms

PARIS (AP) — French President Emmanuel Macron on Thursday ordered his prime minister to exercise a special constitutional power that bypasses parliament to pass a deeply unpopular bill that would raise the retirement age from 62 to 64 without a vote. His calculated risk caused a ruckus among lawmakers, who began singing the national anthem … Read more

COVID-19 pill Paxlovid moves closer to full FDA approval

WASHINGTON (AP) — Pfizer’s COVID-19 pill Paxlovid won another vote of confidence from U.S. health advisers Thursday, paving the way for full regulatory approval from the Food and Drug Administration. The drug has been used by millions of Americans since the FDA granted it emergency use authorization late 2021. The agency has the final say … Read more

Looking for clues to Alzheimer’s disease in the few who escape genetic fate

ST. LOUIS (AP) — Doug Whitney inherited the same gene mutation that gave Alzheimer’s disease to his mother, brother and generations of other relatives at the unusually young age of 50. Yet he is a healthy 73, his mind still sharp. Somehow, the Washington man escaped his genetic destiny. So was a woman in Colombia … Read more