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Credit Suisse deal halted crisis, Swiss central bank says

Published Tue, 25 Feb 2025 03:35:02 GMT

GENEVA (AP) — The Swiss central bank hiked its key interest rate Thursday and insisted that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.In a statement, the Swiss National Bank said it is providing large amounts of support for the deal to merge Switzerland’s biggest banks and that the late Sunday announcement by the federal government, financial regulators and the central bank “put a halt to the crisis.”“An insolvency of Credit Suisse would have had severe consequences for national and international financial stability and for the Swiss economy,” said Thomas Jordan, chairman of the Swiss central bank’s governing board.The hastily arranged, $3.25 billion deal aimed to stem the upheaval in the global financial system after the collapse of two U.S. banks and jitters about long-running troubles at Credit Suisse led shares of Switzerland’s second-largest bank to tank and customers to pull out their money.Swiss auth...

5 players out as viral infection hits Netherlands squad

Published Tue, 25 Feb 2025 03:35:02 GMT

ZEIST, Netherlands (AP) — Five players in the Netherlands squad to face World Cup finalist France in their opening European Championship qualifier have been sent home after contracting a viral infection.Liverpool forward Cody Gakpo, Bayern Munich defender Matthijs de Ligt along with Sven Botman, Joey Veerman and Bart Verbruggen all left the training camp, the Dutch federation said on Thursday. It did not elaborate on the virus.The departures were another blow to coach Ronald Koeman ahead of the first match of his second stint in charge of the national team. Already this week, Barcelona midfielder Frenkie de Jong and Ajax winger Steven Bergwijn dropped out due to injuries. Koeman called up Bayern Munich midfielder Ryan Gravenberch, Vitesse Arnhem’s Kjell Scherpen and Inter Milan defender Stefan de Vrij as replacements for the five ill players.The Netherlands plays France at the Stade de France on Friday in a Group B qualifier before returning home to take on Gibraltar on Monday...

2 teens on motorbike shot in Southeast DC, 1 killed

Published Tue, 25 Feb 2025 03:35:02 GMT

A teenage boy is dead, while another teen was taken to a hospital after a double shooting in Southeast D.C. Tuesday evening.The shooting happened around the area of 22nd Street and Alabama Avenue after 9 p.m., police said.More DC NewsMore Crime NewsD.C. Police Chief Robert Contee said on Wednesday the two teens were on a motorbike before the shooting happened. Several unidentified people inside a vehicle saw the teens and stopped, stepping out onto the street and firing at the two teens.Contee said the teens did not return gunfire. The shooting suspects reentered their vehicle and drove away.On the day of the shooting, 7th District Commander LaShay Makal said officers responding to the shooting heard gunshots near Alabama Avenue.They arrived and found 16-year-old Traev’on Green of Southeast D.C. unconscious and not breathing. Despite receiving treatment from DC Fire and EMS, Green died at the scene.Officers found the second teenager, 15, also suffering from gunshot wounds. Makal sai...

Japan’s Miura and Kihara win pairs at figure skate worlds

Published Tue, 25 Feb 2025 03:35:02 GMT

SAITAMA, Japan (AP) — Riku Miura and Ryuichi Kihara became the first skaters from Japan to win the pairs at the world figure skating championships on Thursday.Miura and Kihara were first after the short program on Wednesday and finished second in the free skate with 141.44 points, behind reigning world champions Alexa Knierim and Brandon Frazier of the United States.But their two-day total of 222.19 points was good enough for a 4.68 lead over Knierim and Frazier, who scored 142.84 in the free for a 217.48 total.Frazier fell in the short program on the triple toe which proved to be costly for the Americans.European champions Sara Conti and Niccolo Macii of Italy were third with 208.08.Miura and Kihara won the silver medal at the last worlds. Their personal best of 80.72 in the short program gave them a 6.08-point lead over the Americans and a shot at history heading into the free program at Saitama Super Arena.Other Japanese winners of world championships are Yuzuru Hanyu in the men’...

Van Leeuwen ice cream shop opens Thursday in Union Market with $1 scoops

Published Tue, 25 Feb 2025 03:35:02 GMT

(new Image()).src = "https://capi.connatix.com/tr/si?token=9be9c680-c459-4acb-af21-654a2ccca384&cid=c2ffed0c-3624-46c0-b10f-97c976d290a3";cnx.cmd.push(function() { cnx({ playerId: "9be9c680-c459-4acb-af21-654a2ccca384",mediaId: "d3fb44ac-b643-4b00-ba86-2ff6ba5cfa3a"}).render("26dd674aaa6e46fca646f558f7a116d7"); });It is officially spring, and as temperatures start to warm this week, an ice cream chain with national acclaim is opening the doors to one of its three planned scoop shops in the D.C. area.New York-based Van Leeuwen will celebrate the opening of its Union Market neighborhood location Thursday with $1 scoops between noon and 4 p.m.More DC NewsMore Local NewsThe company is collaborating with local chef Johnny Spero to revive his beloved “Birch” ice cream flavor that originated at his award-winning restaurant, Reverie. The special collaboration flavor — Birch Bark with Raspberry Jam — will also debut on Thursday.The scoop shop is located on 418 Morse Street in Northe...

Faith, family carry Miami’s Meier deep into March Madness

Published Tue, 25 Feb 2025 03:35:02 GMT

CORAL GABLES, Fla. (AP) — Katie Meier’s practices at Miami always end the same way. Every player and coach gathers around the midcourt circle, clasps the hand of the person next to them and someone then quietly offers a few words from the heart.It’s about faith.This season, Meier’s faith was tested. And rewarded.For the first time in more than 30 years of college basketball — counting her time as a Duke player, then an assistant coach at UNC Asheville and Tulane, then eventually head coach at Charlotte and Miami — Meier is in the Sweet 16. Miami (21-12), the No. 9 seed in the Greenville 2 Region, takes on No. 4 Villanova (30-6) on Friday.“We talk about faith a lot,” Meier — Katie to most, Kate to friends and family — said after her Hurricanes kept their season alive by upsetting top-seeded Indiana in the second round. “Not religiously. I’m talking about faith, which is just confidence with a lot of patience, and we needed it. Your confidence can kind of come and go, but faith ...

Princeton Tigers add to their March Madness lore

Published Tue, 25 Feb 2025 03:35:02 GMT

PRINCETON, N.J. (AP) — Two years ago, Mitch Henderson was coaching a Princeton team that was basically on sabbatical. The Ivy League had called off sports again amid the pandemic as other leagues and the NCAA pushed ahead so the Tigers blended in with other hoops junkies and watched March Madness like fans. Henderson ordered pizzas and smoothies, gathered the Tigers at their on-campus gym, and they watched tournament games on the big screen.“That was fun and we got to do something,” Henderson said. “It really brought us closer.” Princeton’s bonding period over a season of Zooms and tournament watch parties fueled the Tigers’ growth into this season’s brainy basketball bullies of March. See ya, Arizona. Maybe next year, Missouri. Oh, and that’s not the delivery driver this week dropping pizzas off at Jadwin Gym. That was Phil Murphy, the governor of New Jersey, who made a cameo appearance at a practice before the Tigers left for their first Sweet 16 since 1967. Murphy raised hi...

East High School shooting suspect found dead near car in Park County

Published Tue, 25 Feb 2025 03:35:02 GMT

DENVER (KDVR) — The Park County Sheriff's Office said the body of the East High School shooting suspect was found near his vehicle. The suspect is accused of shooting two administrators on Wednesday.Austin Lyle, 17, was identified as the suspect by Denver police and was under a safety plan to be patted down each day before entering the school. During that search on Wednesday, Lyle got hold of a weapon and shot the staff members. He then fled the scene.A vehicle that police believed was connected to Lyle was found in Park County near Bailey Wednesday afternoon. At about 8:15 p.m. Jefferson County SWAT team found a body in the vicinity of Lyle's vehicle, according to Park County Sheriff Tom McGraw. At about 1 a.m. Thursday morning, the Park County Coroner's Office positively identified the body as Austin Lyle. The coroner said Lyle's next of kin has been notified. Watch: Crowd of upset parents confront Denver mayor, police chief after shooting Austin Lyle is suspected of shooting t...

RNA compound and vitamin B3 found in samples from near-Earth asteroid

Published Tue, 25 Feb 2025 03:35:02 GMT

(CNN) — Organic molecules have been detected in samples collected by Japan’s Hayabusa2 mission from the near-Earth asteroid Ryugu.“When researchers analyzed the samples, collected from two different locations on the asteroid, they found uracil, one of the building blocks of RNA, as well as vitamin B3, or niacin (a key cofactor for metabolism in living organisms).Uracil is a nucleobase, or a nitrogen-containing compound. It’s one of five nucleobases in DNA and RNA, the proteins and molecules that contain genetic information and instructions crucial for the cells of living organisms.A study detailing the findings published Tuesday in the journal Nature Communications.Ryugu is a carbon-rich, diamond-shaped asteroid that measures about 3,000 feet (1 kilometer) wide. Hayabusa2 was the first mission to return a subsurface sample from an asteroid to Earth.The Japanese Aerospace Exploration Agency mission collected one sample from the asteroid’s surface in Febr...

Shooting investigation on SR-826 south entrance ramp causes traffic delays in Doral

Published Tue, 25 Feb 2025 03:35:02 GMT

A shooting investigation is currently underway in Doral, causing traffic delays for drivers on the SR-826 South on-ramp near Northwest 79th Avenue and Northwest 36th Street. The details surrounding the incident are limited, but Doral police appear to be focusing their attention on the on-ramp, where a white SUV is believed to be involved in the shooting.At around 2 a.m. Thursday, a call came in reporting shots fired on the entrance ramp, prompting Doral police to block off the entire section of the road. Upon arrival at the scene, authorities found the driver of the white SUV in need of medical attention, and he was taken to an area hospital by trauma alert.The incident is still under investigation and it remains unclear what led to the shooting. K9 units have been deployed to search the area for evidence, as authorities work to piece together the details of the incident.The police presence and road closures have caused significant delays for drivers in the area, and motorists are a...