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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan strategist says the U.S. should be able to achieve a soft landingMarcella Chow, global market strategist at JPMorgan Asset Management, discusses China and U.S. markets.
Persons: Marcella Chow Organizations: Asset Management Locations: U.S, China
GM was lowered to underweight from equal weight, with the price target cut to $42 from $47. Additionally, Jonas lowered his rating on EV maker Rivian to equal weight from overweight, cutting his price target to $13 from $16. F GM 5D mountain F and GM fall Ford Motor shares have struggled in 2024, losing more than 10%. These headwinds, coupled with "peak earnings" and electric vehicle and regulatory risks, will also send GM shares lower. On Rivian, Jonas said, "The downgrade reflects our incorporation of the capital intensity of [autonomous vehicles] which may be required to fulfill the technological underpinnings that attracted Volkswagen as a JV partner."
Persons: Morgan Stanley's Adam Jonas, Ford, Jonas, Rivian Organizations: U.S, Ford Motor, General Motors, GM, Rivian, Ford, Volkswagen, Magna International, Federal Locations: China
Federal prosecutors have charged the man who was spotted with a gun outside of Donald Trump's golf course with attempted assassination of a presidential candidate. It also added two other charges: possessing a firearm in furtherance of a crime of violence and assaulting a federal officer. Routh had previously been charged with possession of a firearm by a convicted felon and possession of a firearm with an obliterated serial number. Ryan Wesley Routh following his arrest in Martin County, Fla., on Sept. 15. “The Kamala Harris/Joe Biden Department of Justice and FBI are mishandling and downplaying the second assassination attempt on my life since July.
Persons: Donald Trump's, Ryan Wesley Routh, United States Donald J, Trump, Routh, Aileen Cannon, Kamala Harris, Joe Biden, ” Trump, He's Organizations: United, Trump, AFP, Getty, Department, Joe Biden Department of Justice, FBI Locations: United States, West Palm Beach , Florida, Martin County, Fla, U.S, Florida
“It showed the callous way in which children going to the US. At a hearing in 1977, a U.S. congressman asked why so many children were still coming from South Korea. But with hundreds of stories to verify in a single week, only a tiny fraction of adoptions were denied. How is that possible?” said Susan Jacobs, a retired State Department official who has worked on adoption reform efforts. Robert Ackerman, immigration attache at the U.S. Embassy in Seoul, told reporters in 1988 that he had heard allegations of birth mothers being bribed.
Persons: Patricia Nye, , ” Nye, , Susan Jacobs, Laws, Homer Stark, ” Stark, David Will, ” Will, Stark, Donald Wells, “ I’ve, Robert Ackerman, Ackerman, ” Ackerman, Michelle Bernier, Toth, adoptees, Elizabeth Bartholet Organizations: Social Service, U.S, Embassy, University of Minnesota Libraries, ISS, State Department, State, United Press International Locations: Seoul, Asia, U.S, South Korea, Tokyo, Gwinnett County , Georgia, strollers, Georgia, United States, Europe, Hague, Korea
Caroline Ellison, whose testimony helped convict her former boss and ex-boyfriend, disgraced cryptocurrency mogul Sam Bankman-Fried, was sentenced Tuesday to two years in prison for fraud and conspiracy. Ellison, 29, accepted a plea deal to charges of conspiracy and financial fraud in December 2022, a month after FTX spiraled into bankruptcy. Bankman-Fried was convicted of all seven criminal fraud charges against him and sentenced to 25 years in prison. Lawyers for Ellison had asked that she be sentenced to time served and supervised release, citing her cooperation. Ryan Salame, a former top lieutenant of Bankman-Fried, was the first of the FTX executive team to be sentenced.
Persons: Caroline Ellison, Sam Bankman, Ellison, Judge Lewis A, Kaplan, FTX spiraled, Fried, Prosecutors, John Ray, disentangling, FTX, Ryan Salame, Nishad Singh, Gary Wang Organizations: FTX, CNBC, Bankman, U.S, Alameda Research, Super Bowl Locations: U.S, Manhattan, Bahamas, Washington, Caribbean, Bankman
The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing “exclusionary” agreements on partners and smothering upstart firms. “Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service,” Garland said. They are essentially toll collectors, shuffling payments between the merchants’ banks and cardholders. ″Visa wields its dominance, enormous scale, and centrality to the debit ecosystem to impose a web of exclusionary agreements on merchants and banks,” the DOJ said in its release. “These agreements penalize Visa’s customers who route transactions to a different debit network or alternative payment system.”This is a developing story.
Persons: monopolization, , General Merrick Garland, ” Garland Organizations: U.S . Justice, Visa, DOJ, , MasterCard, fintech, Plaid, Mastercard Locations: New York, U.S
Nearly 1 in 3 Americans may have an undiagnosed iron deficiency, a problem that can lead to fatigue, brain fog and difficulty concentrating, a new study suggests. An analysis of data from more than 8,000 adults in the U.S. revealed that 14% had low iron blood levels, a condition known as absolute iron deficiency, while 15% had the right iron levels but their bodies couldn’t use the essential mineral properly, known as functional iron deficiency, according to the report published Tuesday in JAMA Network Open. Doctors don’t typically screen adults for iron deficiency, which is why the condition has been overlooked in many people. There had been hints in other studies suggesting iron deficiency might be more widespread than doctors assume. The rates of iron deficiency between men and women are more similar after the age of menopause, experts said.
Persons: don’t, , Leo Buckley, , Dr, Andrew Eisenberger, Eisenberger, ” Eisenberger, Brigham, Buckley, Johanna Contreras, Hossein Ardehali, Ardehali Organizations: Brigham, Women’s Hospital, Columbia University Vagelos College of Physicians and Surgeons, Women’s, National Health, Renal Research Institute, Molecular Cardiology, Northwestern University Feinberg School of Medicine, Research Locations: U.S, Boston, Sinai, New York City
Propagandists in China, Iran and Russia are using artificial intelligence to create content designed to deceive Americans ahead of the November presidential election, federal intelligence officials said Monday. In a conference call about foreign election interference efforts organized by the Office of the Director of National Intelligence, officials said the U.S. intelligence community has concluded that AI has made it easier to create disinformation, but has not fundamentally changed the way those actors operate. “The IC considers AI a malign influence accelerant, not yet a revolutionary influence tool. In other words, information operations are the threat, and AI is an enabler,” said one ODNI official, referring to the U.S. intelligence community. Russia has a much more sophisticated understanding of American politics than Iran, the intelligence official said Monday.
Persons: , OpenAI, Trump’s, Trump, Donald Trump’s Organizations: National Intelligence, Western, National Security Agency, NSA, Microsoft, Clemson University, Trump, Democratic, Federal, Republican Locations: China, Iran, Russia, U.S, Ukraine
SHENZHEN, China — Chinese vendor Yin Xinwei sometimes makes close to $1,400 a day selling low-priced pill boxes, barbecue spits and other items to U.S. online consumers. Each year hundreds of millions of packages, mostly from Chinese platforms, are sent directly to American consumers eager to take advantage of rock-bottom prices on clothing, electronics and other products. That could mean painful times ahead for the Chinese sellers that supply the platforms — and higher prices for American consumers. Chinese state media has criticized the proposal as protectionist and say it will hurt American consumers. Yin used to sell to Chinese consumers but has given up his domestic business to focus entirely on the overseas market.
Persons: Yin, , ” Yin, David Townsend, Dorsey, Trump, Biden, ” Townsend, Temu, , Jacky Lu, Shein, Eunice Yoon, Jennifer Jett Organizations: CNBC, Whitney, PDD Holdings, White, U.S . Customs, U.S Locations: SHENZHEN, China, Shenzhen, United States, U.S, Singapore, Boston, Hong Kong, Europe,
Three EPA whistleblowers told ProPublica on Thursday that their complaints were the subject of the reports (which redact employee names). After endorsing Trump, Kennedy wrote in a Wall Street Journal op-ed that the U.S. could “revisit pesticide and other chemical-use standards” if Trump wins. “The EPA was sort of paralyzed under the Trump administration,” she said. It’s not yet clear what Kennedy’s role might be in a potential Trump administration, or which decisions he’d help to make as part of the transition team. Even with Kennedy’s ties to Trump, Gartner said she would expect the EPA under a second Trump administration to act similarly to the first one.
Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, , Maria, Sean O’Donnell, ProPublica, Remmington Belford, , Kennedy —, Tucker Carlson, ” Karoline Leavitt, ” Kennedy, Sharon Lerner, Lerner, Michal Freedhoff, , Freedhoff, Biden, Karen McCormack, McCormack, Trump’s, , Eve Gartner, Danielle Alvarez, It’s, Carlson, Steven Cheung, Gartner Organizations: Environmental Protection Agency, NBC News, Trump, EPA, Chemical Control, Environmental Defense Fund, EPA’s, Trump ., RFK Jr, RFK, European Union, The, of Chemical Safety, Toxic, Federal, Food and Drug Administration, National Institutes of Health, Centers for Disease Control Locations: U.S, Milwaukee,
The son of the man accused of plotting to assassinate former President Donald Trump at his golf course has been arrested in connection with a child sex abuse images case. Oran Alexander Routh was charged in federal court Monday with one count of receipt of child pornography and one count of possession of child pornography. The criminal complaint filed against Oran Routh states that his North Carolina home was searched in connection to an unrelated case. The complaint also said investigators found a messaging app on the phone that is "commonly used by individuals who distribute and receive child pornography." Court records show that Oran Routh is in federal custody.
Persons: Donald Trump, Oran Alexander Routh, Oran Routh, Ryan Wesley Routh, Trump, Ryan Routh, Routh, Oran Routh's Organizations: U.S, Middle, Middle District of, NBC News, Oran, AFP, FBI, Samsung Locations: Middle District, Middle District of North Carolina, West Palm Beach , Florida, North Carolina, Martin County, Fla, Oran Routh's
A national interest rate cap requires CongressUnder current federal law, nationwide limits on credit card interest rates are scarce, consumer advocates say. Likewise, federal credit unions are typically restricted to an 18% interest rate on their credit cards. “A president cannot set a cap on credit card interest rates,” said Rust. A 10% interest rate cap could backfireFinancial experts on both sides of the debate expressed concerns that a 10% interest rate cap could backfire on consumers in various ways. “Otherwise, it is a game of whack-a-mole.”In 2022, credit card issuers charged $14 billion in late fees, he noted.
Persons: Donald Trump, Trump, , Kamala Harris, It’s, Trump’s, Ted Rossman, ” Rossman, Karoline Leavitt, ” Harris hasn’t, Biden, Adam Rust, Rust, , ” Rust, Lauren Saunders, Nicholas Anthony, they’re, ” Anthony, Rossman, Saunders, “ Banks Organizations: Social Security, Republican, Democratic, Federal, Bankrate, CNBC, Consumer Financial, Consumer Federation of America, Bank Act, Consumer Financial Protection Bureau, Consumer Financial Protection, National Consumer Law, Cato Institute’s Center, Monetary, Bureau, U.S . Chamber of Commerce Locations: New York, South Dakota, Delaware, Utah, U.S, Bankrate
A hurricane watch and warnings of storm surges up to 15 feet high were issued Tuesday for almost all of Florida's western coastline as a potential tropical storm moves across the Caribbean Sea and towards the Gulf Coast. The hurricane watch extends from Indian Pass in north-west Florida near Panama City, down to Englewood, and includes Tampa Bay. Hurricane and tropical storm watches are now in effect for the entire western coast of the Sunshine State. A hurricane watch means that hurricane conditions are possible, and is typically issued 48 hours before the anticipated onslaught of tropical-storm-force winds and conditions. Outside of the U.S., a hurricane watch is also in effect for parts of eastern Mexico from Cabo Catoche to Tulum and Pinar del Río in Cuba.
Persons: Helene, Ron DeSantis, DeSantis, Floridians, Beryl, Debby, Francine Organizations: Grand Cayman, National Hurricane Center, NHC, Sunshine State, Lower, Florida Gov, Federal Emergency Management Agency, National Guard, Florida State Guard, Atmospheric Administration, Climate Central, Northern, Florida Climate Center Locations: Gulf Coast, Florida, Panama City, Englewood, Tampa, Grand, Mexico, Flamingo, Walton, Bay, Bonita Beach, Lower Florida Keys, U.S, Cabo Catoche, Tulum, Pinar del Río, Cuba, Cayman Islands, Tallahassee, Gulfport, Henrico County, Bend, Caribbean, Northern Caribbean, Eastern Gulf of Mexico, Texas, Florida’s Big Bend, South Carolina, Louisiana
Russia's military is advancing on the battlefield in Ukraine, but at home the Kremlin appears to have suffered a number of fiery setbacks that are captured in new satellite imagery: A failed test of a new missile, and a wave of Ukrainian strikes that set ablaze arms depots deep inside the country. “I think that we are closer to the peace than we think,” Ukrainian Zelenskyy said in an interview with ABC News that aired Monday. We just have to be very strong, very strong,” he said. The Ukrainian military said Saturday it had recorded fire and detonation at the Oktyabrsky depot. The images show damage to rail lines and missile canisters at the site.
Persons: Volodymyr Zelenskyy, , Zelenskyy, Organizations: ABC News, Maxar Technologies Locations: Ukraine, Kyiv, Russia, Russia's Kursk, United States, U.S, Colorado, Oktyabrsky, Tver
Israel’s military warned residents in southern and eastern Lebanon to evacuate certain areas, spurring tens of thousands of people to flee their homes. The lawsuit alleges ExxonMobil misled consumers for decades, encouraging Americans to pursue a “throw-away lifestyle” and downplaying concerns about plastics’ ecological risks. Effort to change Nebraska’s electoral vote system blockedA Republican state senator’s opposition to a law changing how Nebraska allocates its electoral votes drew anger from former President Donald Trump. State Sen. Mike McDonnell wrote in a letter that he is opposed to changing Nebraska’s system — which awards electoral votes by congressional district — to a winner-take-all approach so close to Election Day. Under a winner-take-all model, Trump would be all but certain to win all of Nebraska’s electoral votes.
Persons: Fadel Itani, Israel, , Rob Bonta, , Read, Donald Trump, Donald Trump . State Sen, Mike McDonnell, McDonnell, Trump, Lars Fruergaard Jørgensen, Ryan Wesley Routh, Marcellus Williams, Felicia “ Lisha ” Gayle, Bill Anders, — Elizabeth Robinson, Elizabeth Robinson Organizations: ExxonMobil, Getty, International Organization for Migration, U.S . State Department, NBC News, Republican, Donald Trump . State, drugmaker Novo Nordisk, Service, Justice Department, Trump, National Hurricane Center, King, Gettysburg College, NASA, NBC, Walmart Locations: Lebanon . California, Lebanon, Israel, Beirut, AFP, California, Nebraska, Omaha, Florida, Trump’s, Lago, Butler , Pennsylvania, Missouri, Caribbean, Colorado, Boulder, Boulder ., Pennsylvania, Spain
LOS ANGELES — When Simone Biles won her first world championship in 2013, her agent at the time asked her a seminal question: What did she hope to accomplish in the sport of gymnastics? Olympic gold medals may have come up, but one of the wish list items Biles remembers most fondly was a long-held desire to have her own tour across the U.S.Like many of her goals, it has come to fruition in spectacular fashion. In the decade since she first pondered her aspirations in the sport, Biles has won 11 Olympic medals and 30 world championship medals, making her the most decorated gymnast in history. After her tour de force showing at the Paris Olympics this summer, she is making the rounds to 30 American cities to connect and celebrate with the fans who cheered her to greatness from home. It’s called the Gold Over America Tour, which can be abbreviated, appropriately, as “GOAT.”“It’s really about sharing that love and passion for the sport with the audience,” Biles said backstage before Friday’s Los Angeles show.
Persons: Simone Biles, Biles, It’s, , ” Biles, we’ve, Jordan Chiles, Jade Carey Organizations: Paris, America, NBA’s Lakers, Laker Girls, Paris Games, men’s Locations: Los Angeles
President Joe Biden will address the United Nations General Assembly for the final time as commander in chief Tuesday morning amid the spiraling conflict in the Middle East, Russia’s ongoing war in Ukraine and growing global concerns about China’s influence. They are also Biden’s first remarks before the General Assembly since Hamas’ attack on Israel in October and the conflict that has ensued in Gaza, killing thousands of civilians. He’ll speak to the leaders of other nations as hope for a cease-fire deal between Israel and Hamas has dimmed. As Israel continues its battle with Hamas, its conflict with Iran-backed Hezbollah has also escalated in recent days. Other key speakers expected at the General Assembly include Iran’s new president, Masoud Pezeshkian; Ukrainian President Volodymyr Zelenskyy; Palestinian Authority President Mahmoud Abbas; and Israeli Prime Minister Benjamin Netanyahu.
Persons: Joe Biden, Kamala Harris, Donald Trump, Israel, John Kirby, Biden, ” Kirby, Kirby, António Guterres, Masoud, Volodymyr Zelenskyy, Mahmoud Abbas, Benjamin Netanyahu, Sabrina Singh, , Antony Blinken, , ” Biden, Trump Organizations: United Nations General Assembly, White, Hamas, National Security, U.N, United Nations, General Assembly, Palestinian, Defense Department, Foreign Ministry, Congressional Republicans Locations: Ukraine, Israel, Gaza, Iran, Lebanon, New York, Sudan, United States, U.S, Mexico, Ukrainian, Wilmington , Delaware, Australia, India, Japan, China, Afghanistan
A female cat has more freedom in Afghanistan than a woman does, Hollywood actor Meryl Streep said at the United Nations on Monday in a bid to get world leaders to focus on the plight of Afghan women and girls. “The way that ... this society has been upended is a cautionary tale for the rest of the world,” Streep told an event on the sidelines of the U.N. General Assembly to encourage the inclusion of women in the future of Afghanistan. The U.N. has sought a unified global approach to dealing with the Taliban, who have cracked down on women’s rights. Most girls have been barred from high school and women from universities by the Taliban. A squirrel has more rights than a girl in Afghanistan today, because the public parks have been closed to women and girls,” Streep said.
Persons: Meryl Streep, ” Streep, , ” U.N, Antonio Guterres Organizations: United Nations, General Assembly, Taliban, Locations: Afghanistan, Kabul
OTTAWA, Ontario — A Canadian man detained by China for more than 1,000 days said he was put into solitary confinement for months and interrogated for up to nine hours every day, treatment he said amounted to psychological torture. Kovrig and fellow Canadian Michael Spavor were taken into custody in December 2018 shortly after Canadian police detained Meng Wanzhou, the chief financial officer of Chinese telecommunications giant Huawei, on a U.S. warrant. Kovrig noted that U.N. guidelines say prisoners should not be put into solitary confinement for more than 15 days in a row. Kovrig said there was no daylight in the solitary cell, where the fluorescent lights were kept on 24 hours a day. “It’s a combination of solitary confinement, total isolation and relentless interrogation for six to nine hours every day,” he said.
Persons: Michael Kovrig, Michael Spavor, Meng Wanzhou, , ” Kovrig, Spavor, Kovrig, , Meng, “ I’ll, ’ ” Organizations: Canadian Broadcasting Corporation, Canadian, Huawei, U.S . Justice Department, Embassy, Ottawa Locations: OTTAWA, Ontario, China, Ottawa, rapeseed, Canada
The poll showed that 66% of Asian American voters plan on backing Harris, while 28% say they’ll be voting for Trump. It featured 1,105 Asian American registered voter respondents, and reported a margin of error of plus or minus 5.1 percentage points. Before Harris entered the race, 46% of Asian American voters said they would choose Biden. Meanwhile, 28% of Asian American voters have a favorable opinion of Donald Trump, slightly down from previous polling. Tim Walz was found to be favorable among 56% of Asian American voters, more than twice the percentage that found Republican Sen. JD Vance favorable.
Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Karthick Ramakrishnan, “ Harris, Biden, ” Ramakrishan, favorability, ” Ramakrishnan, , , Ramakrishnan, Dobbs, Roe, Wade, Hillary Clinton’s, Tim Walz, Republican Sen, JD Vance, it’s Organizations: Trump, Asian American, Data, Pacific Islander American, Pew Research Center, National Opinion Research, Democratic Gov, American, Republican, NBC Asian Locations: America, U.S, NBC Asian America
Lynn Song, chief economist for greater China ING, called the repo rate cut announcement “the most important” move made during the news conference. “If we see a large fiscal policy push as well, momentum could recover heading into the fourth quarter.”The headquarters of the People’s Bank of China in Beijing. During his first news conference as central bank governor in January, Pan said the PBOC would cut the reserve requirement ratio. Unlike the Fed’s focus on a main interest rate, the PBOC uses a variety of rates to manage monetary policy. Pan has indicated he would like the 7-day rate to become the main policy rate.
Persons: Pan Gongsheng, Pan, Lynn Song, , , Jiang Qiming, ” Edmund Goh, Goldman Sachs, Li Yunze, Li, Nomura Organizations: People’s Bank of China Gov, China ING, , U.S . Federal Reserve, People’s Bank of China, China News Service, Getty, Pan, National Financial Regulatory Administration Locations: BEIJING, China, Beijing, abrdn
Academy Award winner Emerald Fennell‘s anticipated “Wuthering Heights” adaptation just got buzzier with Academy Award nominee Margot Robbie and BAFTA nominee Jacob Elordi attached to star as Catherine Earnshaw and Heathcliff. MRC has tapped LuckyChap to produce the upcoming feature film — written, directed and produced by Fennell, based on the classic romance novel by Emily Brontë. Robbie has also been vocal in championing Fennell’s unique sensibilities after producing both the filmmaker’s movies. She’s so masterful at tone and plot,” Robbie said reflecting on “Saltburn’s” more shocking scenes in a January interview with Variety. Deadline was first to report news of Robbie, Elordi and LuckyChap’s involvement in the project.
Persons: Emerald Fennell‘s, Margot Robbie, Jacob Elordi, Catherine Earnshaw, Heathcliff, Fennell, Emily Brontë, Oscar, ” Fennell, Barbie, Robbie, , Elordi, Saltburn, Barry Keoghan, Variety he’s, , ” Robbie, Carey Mulligan, Mulligan, Rosamund Pike, Kogonada’s, Tom Ackerley, Josey McNamara, “ Saltburn ”, Elvis Presley, Sofia Coppola’s “ Priscilla, ” Elordi, Justin Kurzel, Guillermo del Toro’s, Michael Management, Jeff Bernstein, Gersh . Fennell Organizations: MRC, Variety, Entertainment, CAA, Gersh, UTA Locations: Wuthering, I’m
Missouri is set Tuesday to execute Marcellus Williams, a death row inmate whose case has spurred several efforts to save his life amid doubts about the evidence presented at his 2001 murder trial and the actions of a trial lawyer in the case. The attorneys are asking for the court to either find that those actions violated Williams’ rights or have a lower court address those issues. A St. Louis County circuit judge and Gayle’s family also agreed to the deal, but state Attorney General Andrew Bailey, a Republican, opposed it, and the state Supreme Court agreed. A judge ultimately rejected the motion to vacate, a ruling Williams’ attorneys appealed to the state Supreme Court in the hearing Monday. In addition to the state Supreme Court appeal, Williams’ attorneys also have an appeal before the U.S. Supreme Court and a clemency request before Missouri Gov.
Persons: Marcellus Williams, Williams, Felicia, Lisha, Gayle, Louis, , Marcellus Williams ’, Jonathan Potts, Potts, ” “, , Michael Spillane, Wesley Bell, Louis County, Bell, St, Andrew Bailey, Mike Parson, Parson Organizations: Reuters, Missouri Supreme Court, Democrat, Republican, U.S, Supreme, Missouri Gov, NAACP Locations: Missouri, St, Louis, Louis County
The head of the committee, Sen. Bernie Sanders, I-Vt., has been vocal about his frustrations over how much Novo Nordisk charges Americans for both Ozempic (used to treat type 2 diabetes) and Wegovy (approved for weight loss). Mariam Zuhaib / AP“It is clear that Novo Nordisk is ripping off the American people,” Sanders told NBC News in June. In a statement Monday, Novo Nordisk defended its pricing structure. Novo Nordisk holds the patent on semaglutide, so other companies aren't able to make a generic version. That leaves Novo Nordisk — and ultimately Jørgensen — to answer questions about the price of its blockbuster drugs.
Persons: Lars Fruergaard Jørgensen, Jørgensen, Sen, Bernie Sanders, Sanders, Mariam Zuhaib, ” Sanders, , United States don’t, Organizations: Nordisk, Capitol, Health, Education, Labor, Pensions, NBC News, Novo Nordisk, Department of Health, Human Services, NBC, Novo Nordisk — Locations: Canada, Europe, United States, Germany, United Kingdom, U.S, Novo
MOSCOW — A court in Russia’s Kaliningrad region said it had sentenced a U.S. citizen to six years in jail and fined him for 100,000 roubles ($1,078) for kidnapping his son, after he tried to leave Russia with the child without permission from the boy’s mother. The court said that the U.S. citizen, Daniel Joseph Schneider, tried to leave Russia with his four-year-old son, who is a Russian citizen, on July 29, 2023. Schneider was detained near Poland by Russia’s border service while trying to cross the Russian border in a forest swamp, the court said. Russian state TV channel Vesti said that Schneider had tried to get permission from the child’s mother to take him abroad but that she refused. In August, Russia, the United States and several other countries carried out a major prisoner exchange, which involved 24 prisoners — 16 moving from Russia to the West and eight sent back to Russia from the West.
Persons: Daniel Joseph Schneider, Schneider Organizations: MOSCOW, . Locations: Russia’s Kaliningrad, Russia, Russian, Poland, Russia’s, United States
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