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Big bank CEOs warn that new regulations could harm the economy

Published Mon, 24 Feb 2025 04:49:00 GMT

NEW YORK (AP) — The heads of Wall Street’s biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administration’s proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation. Wall Street’s most powerful bankers have regularly appeared in front of Congress going back to the 2008 financial crisis. Among those testifying before the Senate Banking Committee Wednesday include JPMorgan’s Jamie Dimon, Bank of America’s Brian Moynihan, Jane Fraser of Citigroup and Goldman Sachs’ David Solomon. Whereas in previous years the bank CEOs used the hearing to highlight the industry’s good deeds, this year they’re warning about the potential dangers of over-regulating the industry. The banks are adamantly against new regulations proposed by the Biden administration that could hit their profitability hard, including new rules from the...

Panthers say goodbye to Spartanburg, will host training camp in Charlotte next summer

Published Mon, 24 Feb 2025 04:49:00 GMT

CHARLOTTE, N.C. (AP) — The Carolina Panthers are staying home next summer for training camp.The Panthers have joined a growing trend of NFL teams who’ve decided to streamline football operations by remaining at the team headquarters where they train year-round. The Panthers were one of just six NFL teams still hosting training camp away from home.The Panthers have held training camp at Wofford College in Spartanburg, S.C., every year since their inception in 1995, with the exception of 2020 during the COVID-19 pandemic when it was held in Charlotte.Wofford College is the alma mater of late Panthers owner Jerry Richardson, who sold the team to David Tepper in 2018.“We’re excited to hold training camp at our facility in Charlotte,” Panthers president Kristi Coleman said on the team’s website. “We appreciate Wofford and the Spartanburg community for their hospitality over the years.”The Panthers say they’re working through logistics on how best to accommodate fans during ca...

Shelter-in-place lifted in Weld County

Published Mon, 24 Feb 2025 04:49:00 GMT

DENVER (KDVR) — Deputies in Weld County were asking residents to stay in their homes while they searched for a suspect with "violent tendencies."The Weld County Sheriff's Office tweeted about the incident at 8:46 a.m. Wednesday. They provided an update at 10:52 a.m. that the scene was safe. Deputies were in the area of Yosemite Drive and Badlands Court in the Hill N Park subdivision in Greeley. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Deputies were asking anyone who lives in the area to stay in their home and not leave their cars running unattended.Weld County Sheriff's Office said more information will be released at a later time. This is a developing story and will be updated as more information becomes available.

Adam Sandler takes photo with Colorado Eagles hockey team

Published Mon, 24 Feb 2025 04:49:00 GMT

DENVER (KDVR) — The minor league ice hockey team the Colorado Eagles got quite the surprise when an award-winning comedian stopped by.“Is that Gilmore again??” said the Eagles on X, formally known as Twitter. Happy Gilmore himself, Adam Sandler, visited the Colorado Eagles team on Tuesday.In a photo posted by the team, Sandler was decked out in an Eagles jersey, sporting the maroon and blue. The Colorado Eagles are a minor league hockey team in the American Hockey League and an affiliate of the Colorado Avalanche. Sandler's jersey even had an Avs patch on the shoulder. Actor Jason Segel visited these Denver spots on recent trip The team also posted a hockey clip from his movie "Happy Gilmore" on X and replaced his helmet patch with the Eagles logo. Sandler isn't the only star spotted in the photo, fellow comedians Rob Schneider and Jon Loughran also visited the Eagles. The comedian played at the Eagle's home Blue Arena, formerly the Budweiser Events Center, in Loveland on Dec. 4 ...

Pembroke Pines Police seek public’s help in identifying porch pirate caught on camera

Published Mon, 24 Feb 2025 04:49:00 GMT

The Pembroke Pines Police Department is seeking assistance from the public in identifying a suspected porch pirate on camera in the Treasure Sound neighborhood. According to police. the man was captured on surveillance footage stealing packages from a home and placing the stolen items inside a newer model dark gray Honda Civic.https://twitter.com/PPinesPD/status/1732434634724516246?s=20Anyone with information is urged to contact Detective Stogner at 954-431-2225 or [email protected].

Police wrangle runaway pig in New Jersey

Published Mon, 24 Feb 2025 04:49:00 GMT

DEPTFORD TOWNSHIP, N.J (WSV) — In an atypical police operation, officers in Deptford Township, New Jersey, faced an unexpected challenge on Tuesday: apprehending a 4-year-old pig on the loose in the suburbs.The pursuit of the pig, named Albert Einswine, proved to be no ordinary task for the officers. The details surrounding the pig’s great escape remain unclear, but what is certain is that the porky fugitive led law enforcement on a whimsical adventure through the town.Despite the challenges faced, the officers managed to corral Albert Einswine and return him to his owners.

High-speed police pursuit ends in arrest after driver ditches stolen Porsche near Tampa

Published Mon, 24 Feb 2025 04:49:00 GMT

FLORIDA (WSVN) — A stolen Porsche became the focal point of a chaotic chase, with the Hillsborough County Sheriff’s Office deploying a chopper to monitor the pursuit from above. On Sunday morning, the driver of the stolen white Porsche evaded deputies as they swerved through traffic and avoided collisions. A crash occurred after the suspect lost control of the stolen luxury car. The driver, later identified as 30-year-old Jamaurice Burgess, then abandoned the wrecked Porsche and fled the scene. Dozens of deputies quickly surrounded the vicinity when a tense standoff ensued. Burgess finally surrendered to authorities moments later. He was promptly taken into custody. Sheriff Chad Chronister commended the teamwork in a Facebook post. “Seeing the collaboration between different units is a testament to our team’s commitment to keeping Hillsborough County safe,” he said.

UK’s Rishi Sunak unveils plan to deem Rwanda safe for deportations

Published Mon, 24 Feb 2025 04:49:00 GMT

LONDON — Rishi Sunak tried to revive the British government’s controversial idea of deporting asylum seekers to Rwanda with an “emergency” law meant to overcome objections to the scheme.In fresh legislation published Wednesday night amid pressure from his Tory backbenchers, Sunak’s government moved to ensure courts cannot deem the east African nation unsafe for asylum purposes.Combined with a fresh treaty with Rwanda, signed Tuesday, it’s a bid to address the central objections of the Supreme Court, which last month deemed the plan unlawful over concerns about the robustness of Rwanda’s asylum system. Conservative MPs on all wings of the party were poring over the detail Wednesday night.The proposed law — the Safety of Rwanda (Asylum and Immigration) Bill  — says courts “must conclusively treat Rwanda as a safe country,” and therefore can’t consider any challenge to someone’s deportation there on the grounds that Rwanda is unsafe. That applies ...

No injuries reported after sailboat runs aground in Plymouth, MA amid snow and heavy winds

Published Mon, 24 Feb 2025 04:49:00 GMT

Authorities say three people aboard a sailboat were rescued off the coast of Plymouth after their ship ran aground Wednesday morning.A spokesperson for the United States Coast Guard said it was around 7:30 a.m. when the ship’s crew sent out a mayday call, stating that their 41-foot vessel had been pushed towards the rocks near the shoreline.Plymouth Fire Department personnel were able to later assist the crew, with all three members safely transported to shore.“Upon arrival, Plymouth firefighters observed that the sailboat had run aground and was lodged approximately 75-100 feet offshore,” the department stated in a news release. “Firefighters entered the water in survival gear and made their way toward the vessel.”According to Plymouth Fire Chief Neil Foley, neighbors living in the area, including retired Plymouth Fire Battalion Chief Michael Roy, put on wetsuits and attempted to help those stranded on the boat as well.Authorities described the cr...

Devin McCourty finds fault in Patriots organization for Mac Jones’ struggles

Published Mon, 24 Feb 2025 04:49:00 GMT

Patriots legend Devin McCourty blames the organization more than the player for quarterback Mac Jones’ early-career struggles.Jones had a productive and efficient rookie season before nose-diving in 2022 and 2023 before his eventual benching in Week 12.McCourty hasn’t seen anything wrong with Jones’ effort or preparation, while he sees plenty of fault in how the Patriots have managed their 2021 first-round pick.Related ArticlesNew England Patriots | Callahan: The Steelers are who the Patriots should have been New England Patriots | Patriots get mixed injury news at Tuesday practice before Steelers game New England Patriots | Bill Belichick has made it ‘pretty clear’ Bailey Zappe is Patriots’ starting QB New England Patriots | Patriots RB Rhamondre Stevenson may miss rest of season with high ankle sprain New England Patriots | Patriots-Chargers film review: Bill Belichick...