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How Each Member Voted on the House Stopgap Spending MeasureWith the help of House Democrats, Speaker Mike Johnson successfully pushed forward a stopgap measure that would keep the government funded into the beginning of next year. See a breakdown of individual member votes below. On Tuesday, House Democratic leaders endorsed the measure, which needed bipartisan support to pass. The first, passed in late September, caused a furor among hard-right House Republicans that cost Kevin McCarthy the speakership. See how each member of the House voted.

Persons: Mike Johnson, Kevin McCarthy, Johnson Organizations: House Democrats, Dem, House Democratic, House Republicans Locations: Ukraine, Israel

☆ Strip Clubs, Lewd Photos and a Boozy Hotel: The Toxic Atmosphere at Bank Regulator FDIC
▼ + stars: | 2023-11-13 | by ( Rebecca Ballhaus | ) www.wsj.com time to read: 1 min

A male Federal Deposit Insurance Corp. supervisor in San Francisco invited employees to a strip club. A supervisor in Denver had sex with his employee, told other employees about it and pressed her to drink whiskey during work. Senior bank examiners texted female employees photos of their penises. All of the men remained employed at the agency.

Organizations: Federal Deposit Insurance Corp, San Francisco Locations: San, Denver

☆ This unmanned lifeboat could rescue drowning people on its own
▼ + stars: | 2023-11-13 | by ( Rebecca Cairns | Hazel Pfeifer | ) edition.cnn.com time to read: +6 min

Accidents are all too common, and often deadly, says Sam Mayall, a lifelong sailor and former maritime transport deck officer. “A lot of the technologies employed offshore now are the same technologies that have been there for the last 40 or 50 years,” says Mayall. Spotting people is just one part of search and rescue — getting them out of the water rapidly is also critical. Zelim’s “Swift” conveyor belt is adapted to the maritime environment to get people out of the water quickly. The maritime industry is slow to innovate, says Phillips, and the industry-standard rescue winches have been the same for decades.

Persons: Sam Mayall, ”, Mayall, “, ” Zelim, isn’t, “ Swift, —, Laura Tognarelli, Swift, “ It’s, ” Sam Mayall, Gareth Phillips, Phillips, Phillips — Organizations: CNN, coastguard, UK’s, Guardian, US Coastguard, Mariners, CNN Guardian, Zelim, Milford Haven Port Authority, Swift, Marine Locations: Scottish, Milford Haven, MHPA

☆ Chrysler Parent Stellantis Prepares to Offer Buyouts to U.S. Salaried Workers
▼ + stars: | 2023-11-13 | by ( Ryan Felton | Nora Eckert | ) www.wsj.com time to read: 1 min

Stellantis is expected to offer buyouts to about 6,400 white-collar workers. Photo: REBECCA COOK/REUTERSJeep maker Stellantis is preparing to offer buyouts to roughly half of its U.S. white-collar employees, as the company cuts expenses amid an expensive transition to electric vehicles and potentially higher labor costs. Stellantis Chief Operating Officer Mark Stewart said in an all-hands meeting Monday that the company planned to offer voluntary separation packages to nonunion employees with at least five years of experience, according to people familiar with the matter.

Persons: Stellantis, REBECCA COOK, Mark Stewart Organizations: REUTERS

☆ FDIC Hires Independent Firm to Investigate Alleged Harassment and Discrimination at Regulator
▼ + stars: | 2023-11-13 | by ( Rebecca Ballhaus | ) www.wsj.com time to read: 1 min

Federal Deposit Insurance Corp. Chairman Martin Gruenberg testified on Capitol Hill earlier this year. Photo: EVELYN HOCKSTEIN/REUTERSThe Federal Deposit Insurance Corp. has hired an independent firm to conduct a “top-to-bottom assessment” of alleged harassment and discrimination at the banking regulator, its chairman told staff Monday, hours after The Wall Street Journal published an investigation that found a longtime toxic atmosphere prompted women to quit the agency. In a three-minute video to staff reviewed by the Journal, Chairman Martin Gruenberg said the article “raises some serious allegations about the FDIC workplace” and said the firm would contact employees to solicit their confidential input. He didn’t specify which firm the agency had hired.

Persons: Martin Gruenberg, EVELYN HOCKSTEIN Organizations: Deposit Insurance Corp, Capitol, Federal Deposit Insurance Corp, Journal

☆ UK petrol station group EG to buy Tesla charging units
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

A Tesla electric charging point stands unused in a car park, as Britain will ban the sale of new petrol and diesel cars and vans from 2030, five years earlier than previously planned, in London, Britain, November 18, 2020. REUTERS/Simon Dawson/File Photo Acquire Licensing RightsLONDON, Nov 13 (Reuters) - British petrol station operator EG Group will buy Tesla's (TSLA.O) ultra-fast charging units to help roll out its electric vehicle charging network across Europe, it said on Monday. The UK had just over 49,000 public electric vehicle charging devices installed as of Oct. 1, according to government figures. The "open network" Tesla chargers being bought by EG will enable all drivers to access them regardless of the brand of their vehicle, the company added. "The rapid installation of reliable, easy-to-use EV charging infrastructure is the right step towards a sustainable future," Tesla's senior director of Charging Infrastructure, Rebecca Tinucci, said.

Persons: Simon Dawson, Issa, Rebecca Tinucci, Sachin Ravikumar, Kate Holton Organizations: REUTERS, EG, Asda, Charging, Thomson Locations: Britain, London, Europe

☆ House to vote on whether to impeach Homeland Security Secretary Alejandro Mayorkas
▼ + stars: | 2023-11-13 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Department of Homeland Security (DHS) Secretary Alejandro Mayorkas looks up during a Senate Appropriations Homeland Security Subcommittee hearing on the department's budget request on Capitol Hill in Washington, May 26, 2021. The House of Representatives will hold a key vote Monday on whether to move forward with a Republican-backed motion to impeach Homeland Security Secretary Alejandro Mayorkas. The vote comes as the House scrambles to negotiate a new budget resolution to avoid a government shutdown. On Monday, House lawmakers are expected to vote on a Democratic procedural effort to derail the Mayorkas impeachment. But the House vote comes amid a separate internal debate among Republicans over whether to move forward with the impeachment of a much bigger target: President Joe Biden.

Persons: Alejandro Mayorkas, Mike Johnson, Johnson, Mayorkas, Joe Biden Organizations: of Homeland Security, Appropriations Homeland, Capitol, Republican, Homeland, Democratic Locations: Washington

☆ He lost his eye in a tiger attack — but Bhadai Tharu is still fighting to protect the king of the jungle
▼ + stars: | 2023-11-13 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

But by the time Tharu was growing up in the 1970s, the tiger population had dwindled to just 20% of its peak. As an adult, he became involved in forest conservation and was committed to protecting their habitat. Similarly, the creation of artificial watering holes has also helped to disperse the tiger population and direct animals away from local communities. “It is crucial to prioritize community development, to ensure that communities become advocates for tiger conservation,” Paudel adds. Even as human-animal conflicts increase, Tharu says the local communities are happy to see the tiger population flourish.

Persons: Bhadai Tharu, Tharu, “, ” Tharu recommitted, Vijay Bedi, ”, Umesh Paudel, Paudel, Anupam Roy, iStockphoto, NTNC, ” Tharu Organizations: CNN, WWF, Trust for Nature Conservation, Parks, Nepalese Army Locations: Bardiya, Nepal, India, Asia, Tharu’s, Khata, Uttar Pradesh

☆ The Social Gospel movement is changing our politics and reshaping our perspectives
▼ + stars: | 2023-11-13 | by ( John Blake | ) edition.cnn.com time to read: +15 min

Fain’s sermonette underscores a trend that has largely gone unnoticed: The Social Gospel movement is making a comeback. Jemal Countess/Getty ImagesIt might sound like hyperbole to say that this resurgent form of the Social Gospel is changing our politics. He reached deep into the Social Gospel throughout the UAW strike, routinely deploying what one commentator called “strikingly Christian rhetoric.”Christopher H. Evans, author of “The Social Gospel in American Religion: A History,” said he heard the Social Gospel in Fain’s UAW speeches. “It (The Social Gospel) won’t have the institutional muscle it had before, but you could still have these voices and followers.”The climate in contemporary America seems ripe for the Social Gospel message. And the soaring optimism of old Social Gospel reformers may now seem as outdated as wobbly black-and-white silent films.

Persons: CNN —, Shawn Fain, Fain, ” Fain, Matthew, Jesus, ”, Moses, Paul, Stellantis, Fain’s sermonette, don’t, Frederic J . Brown, John D, Rockefeller, “, pulpits, didn’t, Charles Sheldon, Fain’s, that’s, Democratic Sen, Raphael Warnock, Cornel West, William Barber II, Liz Theoharis, Matthew Desmond, Martin Luther King, William Barber, Jemal Countess, ” Christopher H, Evans, Heath W, Carter, Luke, Sen, Warnock, Barber, Desmond, Amir Levy, it’s, ” It’s, you’re, ” Evans, Dom Helder Camara, Rebecca Cook, Reuters “ There’s, won’t, —, John Blake Organizations: CNN, Big Three, United Auto Workers, UAW, General Motors, Ford Motor Company, Chrysler, Writers Guild of America, UPS Teamsters, UPS, Getty, Democratic, US, Big Tech, Boston University, ” Mining, Library, “, Princeton Theological Seminary, Yale Divinity School‘s Center, Public Theology, Ivy League, The New York Times, Social, Reuters, Teamsters, Screen Actors Guild Locations: Jerusalem, America, Los Angeles, AFP, Washington, Kingston , Pennsylvania, Chicago, ”, American City, American, Lower Manhattan, New York City, Brazilian, Detroit

☆ Former House Speaker Kevin McCarthy has not decided whether to seek reelection in 2024
▼ + stars: | 2023-11-12 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Former US House Speaker Kevin McCarthy, Republican of California, speaks before a third vote to elect a new speaker after he was ousted 17 days ago at the US Capitol in Washington, DC, on October 19, 2023. Former House Speaker Kevin McCarthy, R-Calif., said Sunday he has not yet figured out whether he will rerun for his congressional seat in 2024. "We had a bad night, but you learn from it," McCarthy said in the Sunday interview. He later said that if the Republican conference wanted him back as speaker, he would consider it. After his removal as speaker, the House scrambled for weeks to find his replacement, delaying policy action including funding approval to financially support Israel at the advent of its war against Hamas.

Persons: Kevin McCarthy, McCarthy, Mike Johnson Organizations: US, Republican, CNN, Hamas Locations: California, Washington ,, Pennsylvania, Virginia, Israel, Louisiana

☆ Donald Trump makes a new gaffe as rivals ratchet-up challenges to his mental sharpness
▼ + stars: | 2023-11-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Trump appeared to imply that Barack Obama was still president at a campaign event in New Hampshire. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The gaffe occurred during Trump's speech at a campaign event in Claremont, New Hampshire, on Saturday, as he seeks the Republican nomination ahead of the 2024 presidential election. In an October 2023 interview, he alleged that Orbán was asked what he would "advise President Obama," adding that the Hungarian leader wants Obama to "immediately resign." In line with campaigns to undermine 80-year-old Biden's credibility linked to his seniority and alleged mental decline, Trump's rivals are also challenging his mental capacities.

Persons: Trump, Barack Obama, spotlighting, —, Donald Trump, Viktor Orbán, Orbán, Obama, Ron DeStantis's, Nikki Haley, jabbed Trump, Haley, Joe Biden, Alex Brandon Biden's, Biden, Donald Trump's, MAGA, Steven Cheung, mumbling Organizations: Trump, Service, Hungarian, Washington Post, ABC, White, Florida Gov, Former UN, AP, Washington, Air Force Locations: New Hampshire, Claremont , New Hampshire, Hungarian, Turkey, Derry , New Hampshire, China, North Korea, United States

☆ Israel's new Eitan APC spotted in combat against Hamas in Gaza. The IDF prematurely rushed the hi-tech armor into service.
▼ + stars: | 2023-11-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Israel's new Eitan APC has performed its first combat missions in Gaza battling Hamas, IDF said. Featuring advanced technology from the Merkava tank series and Namer armored vehicles, the Eitan offers high mobility and firepower in various terrains. AdvertisementAdvertisementAn Eitan APC first went into action during the October 7 terrorist attacks on southern Israel by Hamas, according to Walla, an Israeli news outlet. AdvertisementAdvertisementAn Eitan commander, Lieutenant Yotam, told Walla: "The Eitan brings important capabilities such as flexibility, high level protection and lethality. Eitan APC: 'The best and most advanced'Israel's Eitan APC Zachi EvenorEitan means "strong" in Hebrew.

Persons: Israel's, Eitan, —, Walla, Yotam, Israel's Eitan, Evenor Eitan, Sayeret, Guy Paglin Organizations: Service, Israel, Hamas, Israel Defense Forces, IDF, Technology, Eitan APC, Nahal Infantry Brigade, Defense, Defense Ministry's, Vehicles, Israel Times Locations: Gaza, Israel, Walla, Israeli, Brig

☆ A volcano in Iceland could erupt in hours devastating a nearby town, say experts
▼ + stars: | 2023-11-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Iceland has declared a state of emergency due to a high risk of a volcanic eruption. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementA town in Iceland, home to 4,000 people, could be devastated by an imminent volcanic eruption, experts said. Since late October, the Reykjanes peninsula has experienced a staggering 24,000 tremors. After being dormant for several centuries, there have been three eruptions on the Reykjanes peninsula since 2021.

Persons: Grindavik, —, specter, Iceland — Organizations: Service, Emergency Management, Icelandic Met, Department of Civil, Department, Fire Locations: Iceland, soutwest Iceland, Reykjavik, Reykjanes, Grindavik, Sundhnjukagigar, Europe

☆ More than 1,600 Jewish Harvard alumni threaten to stop donations as campus antisemitism worries grow
▼ + stars: | 2023-11-12 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

1,600 Harvard alumni have threatened to cut donations over the college's handling of antisemitism. The Biden Administration told colleges this week that they must do more to stop antisemitism and Islamophobia. "We never thought that, at Harvard University, we would have to argue the point that terrorism against civilians demands immediate and unequivocal condemnation," the HCJAA said. This week, the Biden Administration told colleges that they risk losing federal funding if they don't take steps to prevent antisemitism and Islamophobia. Harvard University and the HCJAA did not immediately respond to Insider's request for comment, which was made outside of normal working hours.

Persons: —, Claudine Gay, Dean, Harvard College Rakesh Khurana, Israel, Rebecca Claire Brooks Organizations: Harvard, Biden Administration, Service, Harvard University, CNN, Harvard College, Harvard College Jewish Alumni Association, Gaza, Hamas, University, Fox News Locations: Palestinian

☆ A Pond in Hawaii Turned Pink, Raising an Environmental Red Flag
▼ + stars: | 2023-11-11 | by ( Rebecca Carballo | More About Rebecca Carballo | ) www.nytimes.com time to read: 1 min

A pond in Hawaii became a social media spectacle this week after turning bubble-gum pink. However, experts said the new hue was not just a photo opportunity but an indicator of environmental stress. Staff members at the Kealia Pond National Wildlife Refuge on Maui have been monitoring the pink water for the last two weeks, according to the U.S. Fish and Wildlife Service, after initial fears that the color was a result of toxic algae. The salinity inside the Kealia Pond outlet area is currently greater than 70 parts per thousand, which is twice the salinity of seawater.

Organizations: Staff, Wildlife, U.S . Fish, Wildlife Service Locations: Hawaii, Maui

☆ SpaceX worker injuries rise as Elon Musk accelerates Mars mission, report says
▼ + stars: | 2023-11-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

SpaceX and Tesla CEO Elon Musk arrives for a U.S. Senate bipartisan forum on artificial intelligence at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. SpaceX employees have put their lives on the line to meet the aggressive pace of work that Chief Executive Elon Musk has demanded in pursuit of a Mars mission, according to a Reuters investigation. The report documented over 600 previously undisclosed workplace injuries at SpaceX facilities since 2014, which Reuters said are only a part of the total number that is not publicly available. The investigation also included interviews with dozens of current and former SpaceX employees. According to employee accounts from the investigation, senior SpaceX managers skirted safety protocols and product testing.

Persons: Elon Musk, comas Organizations: SpaceX, Tesla, U.S, Senate, Capitol, Washington , D.C, Reuters Locations: Washington ,

☆ Book banning Moms for Liberty just got canceled by US voters
▼ + stars: | 2023-11-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Conservative organization Moms for Liberty faced major setbacks in state and school board elections. Candidates endorsed by the organization suffered widespread defeats, this week. With over 130 endorsed candidates nationwide, most faced losses, some with single-digit support. New Jersey saw only four out of 19 endorsed candidates winning. In April, a Florida school banned an adaptation of Anne Frank's Holocaust diary because Moms for Liberty deemed it "sexually explicit."

Persons: —, Nathan Gibson, Ron DeSantis, Anne Frank's, Ohioans Organizations: Liberty, Service, Washington Post, Ohio, Gov, Republican Party, Senate Locations: Iowa, Minnesota, Washington, . New Jersey, Virginia, Florida

☆ Ukraine's security service raided a factory in Ukraine making uniforms for the Russian national ski team, report says
▼ + stars: | 2023-11-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

A factory in western Ukraine was caught making uniforms for Russia's national ski team. Ukraine's security service said it found a production line for the ski team in Zakarpattia Oblast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementA factory in Ukraine was caught making uniforms for Russia's national ski team, Ukraine's Security Service (SBU) said, per The Kyiv Post. The SBU said it had found evidence of a production line for the ski team operating within a factory located in the Zakarpattia Oblast in western Ukraine, per the report.

Persons: —, Viktor Mykyta Organizations: national, Service, Ukraine's Security, Zakarpattia Regional, Kyiv Post, Russian Federation, United Nations Locations: Ukraine, Zakarpattia Oblast, Kyiv, Russia, Poland, Hungary, Romania, Slovakia, Mukachevo

☆ HIMARS strike by Ukraine targets Russian drone pilots at training school in Donetsk, say reports
▼ + stars: | 2023-11-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

A HIMARS attack targeted a Russian drone training school in occupied Donetsk, say reportsActing head of the Donetsk People's Republic said six people were killed and 11 injuried in the attack. AdvertisementAdvertisementRussian officials say a Ukrainian missile attack on Ukraine's occupied eastern Donetsk region targeted a Russian drone pilot training center, Newsweek reports. Acting head of the Donetsk People's Republic, Denis Pushilin, said a Ukrainian HIMARS attack resulted in six deaths and 11 injuries. AdvertisementAdvertisementEarlier this year, a HIMARS attack on five Russian units gathered on a beach resulted in 200 casualties and destroyed equipment. "A lot of people want to become drone pilots because they think the work is further back and safer," one front-line commander told the outlet.

Persons: —, Denis Pushilin, Vladimir Organizations: Donetsk People's, Mobility Artillery, Service, Newsweek, Euromaidan Press, Vladimir Zhoga Locations: Russian, Donetsk, Donetsk People's Republic, Ukrainian, Ukraine, Kherson, Russia, Zaporizhia

☆ A homeowner planned to throwaway a painting hanging in her kitchen — it turned out to be a 13th-century masterpiece worth $25 million
▼ + stars: | 2023-11-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

A 13th-century masterpiece was valued at over $25 million after being destined for the trash. The artwork has been declared a national treasure of France. "Christ Mocked," initially believed to be of no value, was eventually sold at auction for a staggering $25 million. The French government recognized the cultural significance of the masterpiece and declared it a national treasure. He said Cimabue's "Christ Mocked" "constitutes a crucial milestone in the history of art, marking the fascinating transition from icon to painting.

Persons: Florentine, Cimabue, —, Álvaro Saieh, Ana Guzmán Ahnfelt, Laurence des, Philomène Wolf, Van Dyck Organizations: Service, Louvre, Louvre Museum, Times Locations: France, Paris, Russia, Compiègne, Spain

☆ Florida Man Chases Poachers
▼ + stars: | 2023-11-11 | by ( Lydia Millet | ) www.nytimes.com time to read: +2 min

Though Babauta was a law-enforcement officer, Renner recounts, he often felt a kinship with the poachers he was tasked to bring in. Or the developers and politicians who cater so eagerly and profitably to that voracious demand. Rather, they crawl toward us out of the dark ooze, slowly opening long jaws lined with sharp teeth. They lurk in the murk like primordial fear and sometimes find themselves on the wrong side of a golf course fence. GATOR COUNTRY: Deception, Danger, and Alligators in the Everglades | By Rebecca Renner | Flatiron | 277 pp.

Persons: Renner, Jeff Babauta, finessing, Babauta, Karen Russell, Lauren Groff, Rebecca Renner Organizations: Flatiron Locations: Florida, South Florida

☆ Harvard alumni group threatens to withdraw donations over antisemitism concerns
▼ + stars: | 2023-11-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +5 min

Organizers say it is the first Jewish alumni association in the history of the university. Harvard President Gay wrote a letter to members of the larger Harvard community addressing the tensions on Thursday. While a large chunk of university donations come from big gifts, small donations from alumni are becoming an increasingly important source of funding for higher education, according to the Council for Advancement and Support of Education (CASE). Universities like to tout the high number of donations they receive to show that they have an engaged alumni base, said CASE. More than 300 Cooper Union alumni also recently threatened to end donations over the New York school’s response to anti-Israel protests.

Persons: Bill Ackman, Leslie Wexner, —, “, ”, Claudine Gay, Dean, Harvard College Rakesh Khurana, Rebecca Claire Brooks, Gay, Brooks, ” Brooks, ” Cooper Organizations: New, New York CNN, Harvard University, Harvard, Pershing, Harvard College, Harvard College Jewish Alumni Association, Organizers, Jewish, Holocaust, CNN, “ Harvard, Council, Advancement, Universities, Cooper Union Locations: New York, Israel

☆ UAW workers at GM's Flint plant narrowly vote against new labor deal
▼ + stars: | 2023-11-10 | by ( Shivansh Tiwary | ) www.reuters.com time to read: +2 min

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Acquire Licensing RightsNov 10 (Reuters) - United Auto Workers (UAW) union members at General Motors' (GM.N) Flint assembly plant in Michigan have narrowly voted against a proposed contract with the U.S. automaker, the local chapter said. In a Facebook post on Thursday, the UAW Local 598 said 51.8% of votes cast were against the proposed deal. The vote signals that approval of the deal, which is set to raise costs significantly for GM, is not guaranteed. Union workers are voting on contracts from each of Chrysler-owner Stellantis (STLAM.MI), General Motors and Ford Motor (F.N), after the first coordinated strike against Detroit's Big Three automakers.

Persons: Rebecca Cook, Stellantis, Erik Gordon, Mack Trucks, Nathan Gomes, Shivansh, Sriraj Organizations: General Motors, REUTERS, United Auto Workers, UAW, U.S ., GM, Workers, Chrysler, Ford, Detroit's Big, Silverado, Detroit Three, University of Michigan, Detroit, Honda, Volvo Group, Thomson Locations: Detroit , Michigan, U.S, Flint, Michigan, Bengaluru

☆ Hackers Hit U.S. Arm of Chinese Bank
▼ + stars: | 2023-11-10 | by ( Rebecca Feng | Matthew Thomas | ) www.wsj.com time to read: 1 min

An ICBC building in Shanghai. The bank is China’s biggest. Photo: Cfoto/Zuma PressA U.S. subsidiary of China’s biggest bank was hacked this week, threatening a temporary logjam for some trades in the Treasury bond market. ICBC Financial Services, a New York-based entity owned by the Industrial and Commercial Bank of China , was the victim of a ransomware attack on Wednesday. The unit largely focuses on clearing, which means ensuring that transactions previously agreed by traders go through, with the money and securities changing hands.

Organizations: Press, Treasury, ICBC Financial Services, Industrial, Commercial Bank of China Locations: Shanghai, China’s, New York

Organizations: Press, Treasury, ICBC Financial Services, Industrial, Commercial Bank of China Locations: Shanghai, China’s, New York

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