US fines Bank of America US$1.2 billion, says it violated money laundering, sanctions laws
SCMP •

US fines Bank of America US$1.2 billion, says it violated money laundering, sanctions laws

The US Treasury Department said on Tuesday that it was imposing US$1.2 billion in fines on Bank of America for allegedly violating anti-money-laundering and sanctions laws. The fines on America’s second-biggest bank amount to the third-largest in the department’s history. “When a bank of this size fails to meet its anti-money-laundering and sanctions obligations, the consequences extend far beyond...

Pope Leo diagnosed with lung cancer

Pope Leo diagnosed with lung cancer

NBC News •

The Vatican says surgery to remove a nodule from Pope Leo’s lung was successful. The 71-year-old leader of the Catholic Church was found to have what is the most common form of lung cancer. NBC News’ Anne Thompson reports.

Details on Pope Leo XIV's lung cancer diagnosis, surgery

CBS News •

Pope Leo XIV, the first American pope, has been diagnosed with lung cancer after surgeons removed the lower lobe of his right lung, according to the Vatican. Chris Livesay reports and Dr. David Jones, chief of thoracic surgery at the Memorial Sloan Kettering Cancer Center, has medical analysis.

Fostering in crisis: can flexible care models fix England’s child placement shortfall?

Fostering in crisis: can flexible care models fix England’s child placement shortfall?

The Guardian •

New recruitment campaign to target adults in their 30s and 40s in bid to create 10,000 new foster care places Viennetta Basterfield, 67, spent two decades fostering more than 100 children in her west London home before she and her husband handed in the reins during Covid.Her own mother had died when she was nine and she was brought up by another woman who took her in. There was no doubt in her min...

Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m

Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m

The Guardian •

Former investor alleges BitMEX sold products in UK despite not being regulated by Financial Conduct AuthorityA cryptocurrency exchange founded by the billionaire Reform UK donor Ben Delo is being sued for £20m over claims that the company mis-sold financial products in the UK.Lewis Barber, who is a software engineer, alleges that BitMEX offered crypto derivative products to investors in the UK, de...

Rules, London’s oldest restaurant, donated to National Trust

Rules, London’s oldest restaurant, donated to National Trust

The Guardian •

Historic eatery in capital’s theatreland given to heritage charity after changing hands only three times in 228 yearsWhen Thomas Rule served his first oyster to diners on Maiden Lane in London’s Covent Garden, “mad” George III was on the throne of England, John Adams was US president and William Pitt the Younger had just come up with a wheeze called income tax to pay for the Napoleonic wars.More t...

Stop making sense: focus on sounds to help learn a language, study suggests

Stop making sense: focus on sounds to help learn a language, study suggests

The Guardian •

Research shows that the best linguists process unfamiliar foreign speech sounds more like non-speech soundsIf you want to get really good at French, Arabic or Hungarian, don’t start with rote learning vocabulary and grammar, focus on how they sound instead, research suggests.A new study of how humans learn modern languages has found that the brains of the most talented linguists hear foreign terms...

Man who died in Six Flags rollercoaster fall in Georgia was a father and educator

Man who died in Six Flags rollercoaster fall in Georgia was a father and educator

The Guardian •

Hassan Jihad Ibn Kariem was a father of 10-year-old daughter, and overcame two bouts of cancer, his family saysPolice on Tuesday identified the victim of the fatal accident at Six Flags Over Georgia as 42-year-old Hassan Jihad Ibn Kariem of Atlanta.Kariem fell to his death after being ejected from his seat and several others were injured in an incident involving a rollercoaster at the theme park. ...

A couple started a coffee cart using a credit card limit; it now generates $4.5 million a year

A couple started a coffee cart using a credit card limit; it now generates $4.5 million a year

Times of India •

Audrey Finocchiaro and Sam Lancaster founded The Nitro Bar in 2016, embarking on a path marked by financial constraints and initial customer engagement hurdles. Their persistence paid off at Brown University, resulting in significant sales growth. With the help of investors, they expanded into wholesale and retail sectors, achieving impressive annual earnings of $4.5 million and creating 80 jobs.

10/13: CBS Evening News

CBS News •

Pope Leo was diagnosed with lung cancer, the Vatican said; Six Flags shut down 10 rides across the U.S. after a fatal fall.