The economically-ailing Vatican has inaugurated a 120,000-square-foot shopping mall to cater to the millions of tourists and pilgrims that visit it each year.
The U.S. Supreme Court on Monday declined to hear a traveling Christian evangelist's free-speech challenge to a University of Alabama requirement that he obtain a permit before handing out religious pamphlets and preaching from a sidewalk adjacent to its campus.
Russia's banking system is largely shielded from the negative effects of the U.S. crisis due to the country's limited connections with the international financial system, says Russian press secretary.
U.S. stocks plummeted Wednesday morning after bank concerns reached European markets, while investors are warning that the banking situation could worsen after the closures of Silicon Valley Bank and Signature Bank over the weekend.
Ohio is suing Norfolk Southern in federal court for “recklessly endangering” the health of residents in East Palestine, Ohio, and the surrounding area after a train derailment in the state last month sparked a public health and environmental emergency.
New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
Inspectors General from the Labor Department, Treasury Department, and Small Business Administration (SBA)testified on Covid-19 relief funding to the House Oversight Committee, stating that billions of dollars were lost through "fraud" and "waste" in what was "the biggest fraud in a generation."
Adidas has warned that it could experience its first annual loss in 31 years, with the sportswear company projecting a full-year operating loss of 700 million euros, or $739 million, for 2023.
