General News
U.S. to Sanction Companies Providing Technology for Russian Military, Intelligence Services
WASHINGTON—The Biden administration is preparing sanctions targeting Russian companies it says provides goods and services for the military and intelligence services, including dual-use components used in weapons proliferation, U.S. officials said. The Treasury Department sanctions, which could be announced as early as next week, come as the U.S. and allies continue to target a range …
Ukraine Strikes Russian Navy as War Enters Second Month
Ukraine said it struck the Russian-occupied port facilities in the Azov Sea city of Berdyansk Thursday, setting off a large fire and destroying a Russian ship as the war entered its second month. The port has become a major logistics hub for Russian forces. Footage from the area showed smoke billowing from the berthing area …
Tencent Faces Possible Record Fine for Anti-Money-Laundering Violations
HONG KONG—Chinese technology giant Tencent Holdings Ltd. TCEHY -5.19% is facing a potential record fine for violations of some central bank regulations by its WeChat Pay mobile network, as Beijing toughens its regulations for fintech platforms, according to people familiar with the matter. Financial regulators recently discovered that WeChat Pay had flouted China’s anti-money-laundering rules …
‘Healing’ Review: More Help for Mental Health, Please
It may be surprising to learn that serious mental illness—such as schizophrenia, bipolar disease and severe depression—afflicts about one in 20 Americans. Some of us have encountered these conditions in the experience of family members. Others see it routinely on display on city streets. By now, as Thomas Insel notes in “Healing: Our Path From …
Missiles strike near US consulate in north Iraq; no injuries
BAGHDAD — As many as 12 missiles struck Iraq’s northern city of Irbil on Sunday near the U.S. consulate, Iraqi security officials said. A U.S. defense official said missiles had been launched at the city from neighboring Iran. No injuries were reported. Officials in Iraq and the U.S. gave different accounts of the strike and …
BMW recalls 917,000 vehicles due to engine fire risk
DETROIT (AP) — BMW is recalling more than 917,000 older cars and SUVs in the U.S. — most for a third time — to fix a problem that can cause engine compartment fires. The recall covers many 3 Series, 5 Series, 1 Series, X5, X3, and Z4 vehicles from the 2006 through 2013 model years. …
European stocks rally at the open and bund yield turns positive on report of joint European Union spending
European stocks enjoyed an unusually strong open on Tuesday after a weak Wall Street finish, after a report the European Union will consider jointly issuing bonds to finance energy and defense spending. The Stoxx Europe 600 SXXP, +0.81% gained over 1% in early action, as the French CAC 40 PX1, +1.75% gained 2.5%, the German …
Supreme Court won’t review decision that freed Bill Cosby
PHILADELPHIA — The U.S. Supreme Court quietly announced Monday that it would not review Bill Cosby’s sexual assault case, leaving him a free man and ending a two-decade legal drama that shifted the cultural landscape, destroyed the groundbreaking Black actor’s reputation, and sent him to prison for several years late in life. The high court, …
Russia sets cease-fire for evacuations but battles continue
LVIV, Ukraine — Russia announced yet another limited cease-fire and the establishment of safe corridors to allow civilians to flee some besieged Ukrainian cities Monday. But the evacuation routes led mostly to Russia and its ally Belarus, drawing withering criticism from Ukraine and others. Ukrainian officials accused Moscow of resorting to “medieval siege” tactics in …
Intel Files to Take Self-Driving Unit Mobileye Public
Intel Corp. INTC -0.01% said it has filed paperwork to take its Mobileye self-driving car unit public as the semiconductor giant tries to spark investor enthusiasm in its own shares and capitalize on growing demand for automated driving. Intel last year said it was going to list Israel-based Mobileye, which it bought in 2017 for …
