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☆ King Charles makes historic speech at French senate
▼ + stars: | 2023-09-21 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +6 min

When his late mother, Queen Elizabeth II, visited in 2004, she made her speech from the adjoining Salle des Conferences. Queen Camilla plays table tennis during a visit to France's national stadium and venue for next year's Olympic Games. Hannah McKay/Pool/AFP/Getty ImagesQueen Camilla delivers a speech next to French President's wife Brigitte Macron at the national library in Paris. Queen Camilla and King Charles III are welcomed by French President Emmanuel Macron and Brigitte Macron to a state dinner in Versailles on September 20, 2023. Christian Liewig/Corbis/Getty ImagesBritain's King Charles with the French first lady Brigitte Macron at the Palace of Versailles, west of Paris, on Wednesday.

Persons: Paris CNN — King Charles III, ” Charles, Queen Camilla, Emmanuel Macron’s, Queen Elizabeth II, Charles, King ”, King –, “, ”, Russia’s, France's, Emmanuel Dunand, Brigitte Macron, Camilla, l’Entente, Denis, Hannah McKay, Bertrand Guay, Macron, Hugh Grant, Charlotte Gainsbourg, Emma Mackey, Mick Jagger, Arsene Wenger, French King Louis XIV, King Charles III, Emmanuel Macron, Christian Liewig, King Charles, Daniel Leal, Rishi Sunak’s Organizations: Paris CNN, Palais du, Rugby, National Assembly, Getty, Senate, Bibliotheque Nationale de, Notre Dame, Twitter, Mirrors Locations: France’s, France, Paris, Bordeaux, Salle, Ukraine, Europe, Palais du Luxembourg, United Kingdom, Bibliotheque Nationale de France, French, Franco, British, Saint, Paris ’, Notre, of Versailles, Versailles

☆ King Charles arrives in France for state visit
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +4 min

[1/3] French Prime Minister Elisabeth Borne greets Britain's King Charles ( and Britain's Queen Camilla upon arrival at the Orly Airport on September 20, 2023, on the first day of a state visit to France. Here's the latest:* The plane carrying Charles and Camilla has landed at Paris' Orly airport, where they were greeted by French Prime Minister Elisabeth Borne. Charles and Camilla tweeted in English and French, along with a video of Charles getting on the plane. Your Majesty, welcome," Macron tweeted in English, alongside a video clip of Charles' past visits to France. Macron and Charles have in particular shared correspondence and insight on the restoration of the Notre-Dame cathedral, ravaged by fire in 2019.

Persons: Elisabeth Borne, Britain's King Charles, Queen Camilla, MIGUEL MEDINA, King Charles, Emmanuel Macron, Charles, Camilla, Borne, Mireille, Queen Elizabeth, Parisian Marie, Helene Aubree, Eric Frizzi, he's, Macron, À, Louis XIV, Hugh Grant, Charlotte Gainsbourg, Mick Jagger, Ken Follett, Emma Mackey, Bernard Arnault, Xavier Niel, Arsene Wenger, Didier Drogba, Michel Rose, Ingrid Melander, Bernadette Baum Organizations: French, Airport, REUTERS Acquire, Rights, France's, Parisian, European Union, Notre, Dame, of Mirrors, Thomson Locations: France, Paris, Bordeaux, Britain, of Versailles, British, French

On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Her successor, Prime Minister Rishi Sunak, visited France in March to kick off what he called an "entente renewed". Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."

Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Charles, Camilla, Macron, Brigitte, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: Arsenal, Notre, Dame, Adelaide de Clermont, Vue, Reuters, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, of Versailles, British, French, Adelaide, Paris, London

On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. [1/11]King Charles III with French President Emmanuel Macron as they walk from the Elysee Palace, Paris, to the British Ambassador's Residence, during the state visit to France. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."

Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Elisabeth Borne, Marie, Noelle Ahanso, Noelle, Charles, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Camilla, Macron, Brigitte, King Charles III, Yui Mok, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Juliette Jabkhiro, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: French, Reuters, Arsenal, Notre, Dame, British, REUTERS Acquire, Adelaide de Clermont, Vue, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, Paris, French, Versailles, Ukraine, Sahel, British, Elysee, Adelaide, London

☆ Sergio Brown: What we know about search for former NFL player and probe into his mother's homicide
▼ + stars: | 2023-09-19 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +4 min

CNN —The search continues for former NFL player Sergio Brown after his mother was found dead with assault injuries near a creek behind her suburban Chicago home, according to the Maywood Police Department. The body of 73-year-old Myrtle Brown was discovered on Saturday after relatives alerted authorities that they’d been unable to find or contact her or her son, the department said in a news release. As the investigation continues, the grieving family has asked for help finding Sergio Brown. “Maywood Police Officers initiated a missing person report and began making attempts to locate both individuals,” police said in a news release. Who was Myrtle Brown?

Persons: Sergio Brown, Myrtle Brown, they’d, “, Sergio, ” Nick Brown, ” Sergio Brown, Myrtle, Natalia Derevyanny, Sergio Brown's, Carlos Cortez, ” Cortez, Cortez, Sergio Brown’s, Instagram, Nick Brown, ”, Kevin Grayer, ” Grayer, Mom Organizations: CNN, NFL, Maywood Police Department, Office, Notre Dame, New England Patriots, Patriots, Indianapolis Colts, Jacksonville Jaguars, Buffalo Bills, Police, WBBM, Maywood police, “ Maywood Police, Browns, “, WLS Locations: Chicago, Cook County, Maywood, Maywood –

☆ Charles is 'just the son': Parisians unfazed by king's visit to France
▼ + stars: | 2023-09-19 | by ( Noemie Olive | ) www.reuters.com time to read: +3 min

Charles, a fluent French speaker like his mother, is keen to walk in her footsteps and is likely to refer to the late queen's deep affection for France during the visit, officials said. All this combined together doesn't create much interest," said the 88-year old, who liked Queen Elizabeth and her horses. As part of the visit, Charles and Camilla will drive down the Champs-Elysees and view restoration works at the Notre-Dame cathedral following a massive blaze in 2019 that destroyed its roof. The trip is also a chance to rebuild ties that have been frayed by Britain's chaotic exit from the EU in 2020. In Britain, polls suggest Charles is less popular than his mother, who had strong support from much of the public.

Persons: Britain's King Charles, Queen Camilla, Princess Royal, Duke, Russell Cheyne, Brexit PARIS, King Charles, Queen Elizabeth, He's, Mireille, Charles, Camilla, France's Patrouille, Alexia Aubert, Elizabeth, King Charles isn't, Edouard Val de Lievre, Michael Holden, Elizabeth Pineau, Ingrid Melander, Bernadette Baum Organizations: Braemar Royal, Princess, REUTERS, Notre, Dame, Arrows, Britons, Thomson Locations: Braemar, Fife, Scotland, Britain, Paris, Bordeaux, France, Versailles, Bresse, England

☆ Some Parisians Unfazed by King Charles' Visit to France
▼ + stars: | 2023-09-19 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

By Noemie OlivePARIS (Reuters) - King Charles' state visit to France, from Wednesday to Friday, may be seen politically as a chance to rebuild ties between the two countries, but some Parisians said they were not impressed, and that they missed the late Queen Elizabeth. Charles, and his wife Queen Camilla, will be guests of honour at a state banquet in the gilded Versailles palace during the visit to France, Charles' first since becoming king a year ago. All this combined together doesn't create much interest," said Mireille, a retiree who liked Queen Elizabeth and her horses. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the Royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not." In Britain, polls suggest Charles is less popular than his mother, who had strong support from much of the public.

Persons: Olive PARIS, King Charles, Queen Elizabeth, Charles, Queen Camilla, France's Patrouille, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Edouard Val de Lievre, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: Notre, Dame, Arrows, Britons Locations: France, Versailles, Britain, Paris, England

Britain's Charles, Prince of Wales, greets France's President Emmanuel Macron ahead of their bilateral meeting on the sidelines of the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain November 1, 2021. Charles had meant to make France his first royal visit after his coronation, but the March trip was abruptly cancelled by violent French protests over pension reforms, much to Macron's embarrassment. Charles and his wife Queen Camilla are scheduled to visit Paris before heading southwest to the vineyards of Bordeaux. The day after that, Charles and Camilla will visit the flower market named after Queen Elizabeth on Paris' Ile de la Cité. "The king is always very interested in the president's analysis of major international issues," an Elysee official told Reuters.

Persons: Britain's Charles , Prince of Wales, Emmanuel Macron, Jane Barlow, Charles, Camilla, King Charles III, Queen Camilla, Elizabeth's, Elizabeth, René Coty, Queen Elizabeth, Boris Johnson, torpedoing, Macron seething, Liz Truss, Rishi Sunak, Prince Charles, Jeff Bezos, Macron, It's Prince Charles, Michel Rose, Andrew Heavens Organizations: Change, Notre, Dame, France, Windsor Castle, of Mirrors, European Union, Canberra, entente, Elysee, Reuters, Amazon, Thomson Locations: Glasgow, Scotland, Britain, France, Versailles, Bordeaux PARIS, Windsor, Paris, Bordeaux, Europe, Buckingham, of Versailles, la, United States, Australia, Ukraine, Africa

Florida State, Miami and Florida were all ranked in The Associated Press college football poll on Sunday. 1 Georgia (3-0)Next: vs. UAB, Saturday. 4 Florida State (3-0)Next: at Clemson, Saturday. 7 Penn State (3-0)Next: vs. No. 21 Washington State (3-0)Next: vs. No.

Persons: Billy Napier, Charlotte, Mike Bobo's, we're, Xavier Worthy, Jonathon Brooks, Jerrin Thompson, Jordan Travis, DE Chop Robinson, Sam Hartman, Audric Estime, Quinshon Judkins, Duke, Travis Hunter, Thomas Gore, Leonard Taylor, Cameron Ward, Dante Moore, Joe Milton, Hendon Hooker, Kaleb Johnson, Billy Napier's, Ralph D, Russo Organizations: Florida State, Associated Press, Seminoles, Hurricanes, Gators, Tennessee, Florida, SEC, Kentucky, Vanderbilt, Georgia Tech, Atlantic Coast Conference, Carolina, Clemson, LSU, ACC, UAB, South, Rutgers, Big, Baylor, Arizona State, Ohio State, Notre Dame, Penn State, DE, Washington, Audric, UCLA, Mississippi State, USF, Oregon State, Washington State, Quinshon, Cincinnati, Iowa State, OU, Pittsburgh, Power, App State, UConn, Devils, Colorado State, Miami, UTSA, Hendon, Vols, Charlotte, Volunteers, AP Locations: Miami, Florida, South Carolina, Georgia, Temple, Tallahassee, Michigan, Texas, Wyoming, California, Kentucky, Iowa, Oregon, Colorado, Utah, . Arkansas, Mississippi, Alabama, Oklahoma, Cincinnati, Carolina, Salt Lake City, Tennessee, Louisiana, Lafayette

CNN —Former NFL player Sergio Brown is missing, and his mother was found dead Saturday near a creek in a Chicago suburb, according to police. “Maywood Police Officers initiated a missing person report and began making attempts to locate both individuals,” the news release read. Sergio Brown, 35, played for Notre Dame before signing with the New England Patriots as an undrafted free agent in 2010. He played seven seasons in the NFL as a member of the Patriots, Indianapolis Colts, Jacksonville Jaguars and Buffalo Bills. CNN reached out to family members of Sergio and Myrtle Brown but did not immediately hear back.

Persons: CNN —, Sergio Brown, Brown, Myrtle, they’d, Dennis Diaz, Sergio, Myrtle Brown, she’s, ” Carlos Cortez, Myrtle Brown’s, ” Organizations: CNN, NFL, Maywood Police Department, “ Maywood Police, Office, WBBM, Notre Dame, New England Patriots, Patriots, Indianapolis Colts, Jacksonville Jaguars, Buffalo Bills Locations: Chicago, Maywood, Cook County

☆ The No. 1 personality trait linked to a long life: 'The effects of just being positive are overstated,' psychology expert says
▼ + stars: | 2023-09-17 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

The number of people who are living to at least 100 years old in the U.S. has doubled over the past decade. Many centenarians credit their longevity, at least in part, to their positive attitude. Roslyn Menaker, 103, told The Guardian that "happiness, joy, appreciation … a positive outlook," are why she has lived so long. Ruth Sweedler, 103, told CNBC Make It that she was always praised for her good attitude growing up. "I think the effects of just being positive are overstated," he says.

Persons: Roslyn Menaker, Ruth Sweedler, David Watson Organizations: Guardian, CNBC, University of Notre Dame Locations: U.S

☆ Impeaching Joe Biden
▼ + stars: | 2023-09-12 | by ( William Mcgurn | ) www.wsj.com time to read: 1 min

William McGurn is a member of The Wall Street Journal editorial board and writes the weekly "Main Street" column for the Journal each Tuesday. Previously he served as Chief Speechwriter for President George W. Bush. Mr. McGurn has served as chief editorial writer for The Wall Street Journal in New York. He spent more than a decade overseas -- in Brussels for The Wall Street Journal/Europe and in Hong Kong with both the Asian Wall Street Journal and the Far Eastern Economic Review. Bill is author of a book on Hong Kong ("Perfidious Albion") and a monograph on terrorism ("Terrorist or Freedom Fighter").

Persons: William McGurn, George W, Bush, McGurn, Bill Organizations: Wall Street, The Wall Street, Street Journal, Economic, Washington, National Review, Foreign Relations, Notre Dame, Communications, Boston University Locations: New York, Brussels, Europe, Hong Kong

The groups argued that banks cannot properly respond to the proposal, which would require lenders to hold more cash to absorb losses, without that analysis. The Fed drafted the rules with the Federal Deposit Insurance Corp (FDIC) and Office of the Comptroller of the Currency (OCC). The "Basel Endgame" proposal implements international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis. The U.S. central bank has estimated it will increase industry capital requirements by $170 billion. "These capital rules will have an impact on economic growth and that will affect large businesses and small businesses and their access to capital."

Persons: Rick Wilking, Goldman Sachs, Morgan Stanley, Banks, David Solomon, Jamie Dimon, Morgan Stanley's, Dan Simkowitz, Pete Schroeder, Saeed Azhar, Lananh Nguyen, Tatiana Bautzer, Michelle Price, Paul Simao, Deepa Babington Organizations: Deposit Insurance Corporation, REUTERS, Rights, Federal Reserve, JPMorgan Chase, Citigroup, APA, Fed, Federal Deposit Insurance Corp, Currency, OCC, Banking, Reuters, JPMorgan, FDIC, Republican, Financial, Bank Policy Institute, American Bankers Association, Financial Services, Institute of International Bankers, Securities Industry, Financial Markets Association, Chamber of Commerce, Thomson Locations: Westminster , Colorado, U.S, Washington

The Pac-12's previous high was six ranked teams, achieved multiple times including last week. After Washington State beat Wisconsin on Saturday night, Cougars coach Jake Dickert noted his school's unfortunate position. OUTFalling out along with Texas A&M were Wisconsin, which lost at Washington State, and Tulane, which lost at home to Mississippi. CONFERENCE CALLWith Tulane dropping out, there are no ranked teams from conferences outside the Power Five. RANKED vs. RANKEDNo games match ranked teams this week.

Persons: Quinn Ewers, Nick Saban, Jake Dickert, ” Dickert, —, Duke, Ralph D, Russo Organizations: Associated Press, Alabama, Georgia, Florida State, Texas, Longhorns, BCS, Crimson Tide, Power, SEC, Clemson, Atlantic Coast Conference, Penn State, USC, Southeastern Conference, Washington, Oregon State, Washington State, UCLA, Wisconsin, Cougars, ESPN, Ohio State, Notre Dame, — Clemson, Miami, Hurricanes, Aggies, Hawkeyes, Iowa State, Tulane, Tigers, Charleston Southern, ACC —, AP Locations: Michigan, Alabama, Quinn Ewers , Texas, Southern California, , Oklahoma, Utah, Oregon, Pullman, — Nebraska, — Florida, Miami, Florida, Iowa, Wisconsin, Mississippi

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Sept 8 (Reuters) - The Federal Reserve's top regulatory official said on Friday the central bank is "a long way" from any decision on whether it would issue its own digital currency, and added it would not do so without official support in Washington. Fed Vice Chair for Supervision Michael Barr said while officials are investigating a central bank digital currency (CBDC), the Fed was far from any decision. "Of course, investigation and research are very different from decision-making about next steps in terms of payments system development, and we are a long way from that." Barr's comments echo those of Fed Chair Jerome Powell, who also has said the Fed would not move to issue a digital currency without explicit authorization from Congress. It is important to get the legislative and regulatory framework right before significant risks emerge," he said.

Persons: Michael Barr, Evelyn Hockstein, Barr, Jerome Powell, Pete Schroeder, Hugh Lawson, Andrea Ricci Organizations: Banking, Housing, Urban Affairs Committee, Capitol, REUTERS, Rights, Federal, U.S ., Thomson Locations: Washington , U.S, Washington, Philadelphia

☆ Supreme Court's Alabama map ruling defied predictions as Roberts and Kavanaugh teamed up to protect Voting Rights Act
▼ + stars: | 2023-09-08 | by ( Joan Biskupic | ) edition.cnn.com time to read: +18 min

Ambivalent during early internal debate, Kavanaugh eventually gave Roberts enough confidence that he could write an opinion for a majority. The state’s approach would have wholly undercut the history and purpose of the landmark Voting Rights Act, passed at the height of the Civil Rights movement to try to end race discrimination. Senior conservative Thomas, who has been unyielding in his rejection of race-based practices, was ready to write a far-reaching opinion against the court’s Voting Rights Act precedent for redistricting. Meanwhile, Kavanaugh and Roberts came together, ensuring the chief a five-justice majority for the robust endorsement of Voting Rights Act remedies when states discriminate in redistricting. The Alabama redistricting case shook out differently as Kavanaugh signed a significant portion of Roberts’ opinion.

Persons: John Roberts, Brett Kavanaugh, Roberts, Kavanaugh, –, Steve Marshall, Edmund LaCour, ”, Donald Trump, Ramos, Atticus Finch, “, Bill Clinton, Clarence Thomas, Samuel Alito, Neil Gorsuch, Amy Coney Barrett, General LaCour, Holder, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Thomas, Alito, Gorsuch, Thomas ’, Barrett, George H.W, Roe, Wade, Dobbs, ” Roberts, General Marshall, LaCour, — Organizations: CNN, Alabama, Republican, Supreme, Blacks, Democratic, Notre Dame, Black, Trump, Black Democrats, ”, Civil, Senior, Jackson, Health Organization, Harvard, University of North Locations: Alabama, Black, Minnesota, . Louisiana, . Mississippi, ” Alabama, Shelby County, Bush, Mississippi, University of North Carolina, ”

☆ Why Does Duke Have So Few Low-Income Students?
▼ + stars: | 2023-09-07 | by ( David Leonhardt | Graphics Ashley Wu | ) www.nytimes.com time to read: +31 min

Duke students, she thought, seemed more well rounded than students on some other campuses. I think it was me being a little bit naïve.” Other Duke students who identify as F.G.L.I. At Duke — as well as elite colleges that admit more low-income students — their graduation rate tends to be similar to the overall graduation rate. Over the past decade, as other elite colleges paid more attention to low-income students, they wooed some who once might have attended Duke. “Duke students are really oriented to the world,” she said.

Persons: Ben Denzer, Perkins, Duke, ” Juliana Alfonso, DeSouza, ”, Stephany Perez, Sanchez, University of Chicago —, Pell, Duke Duke, Melinda French Gates, Adam Silver, ” Gary Bennett, Grant, Bates, Brown, Pell Grant, ” Bennett, we’re, Ithaka, Yale Conn, —, Juliana Alfonso, Juliana, Duke Rice, Austin U.N.C, “, Karen Dong, ” Dong, ” Randi Jennings, Dong, Duke’s F.G.L.I, Duke —, ” Jennings, Randi, Jennings, Alfonso, David M, Rubenstein, “ It’s, ” Alfonso, Colleges don’t, Bennett, Caroline Hoxby, Christopher Avery, Louis, Holden Thorp, ” Thorp, Ron Daniels, Johns Hopkins, ” Daniels, Catharine Bond Hill, Thorp, Hopkins, Michael Bloomberg, Johns, “ Duke Organizations: Duke University, Perkins, Ivy League, Stanford, Massachusetts Institute of Technology, University of Chicago, Harvard, Yale, Princeton, Columbia, Pell Grants, Duke, Pell Grants Harvard, Penn, Cornell, Dartmouth, Brown, Chicago, U.S . News, Colleges, Midwest, California Institute of Technology, Notre Dame, Bucknell, Georgia Tech, Oberlin, Reed, Tufts, Tulane, Wake, Universities, Wall Street Journal, University of California, University of South, College, Princeton N.J, Pomona Calif, Dartmouth N.H, Stanford Calif, Caltech Calif, Amherst Mass, Grinnell Iowa, Claremont McKenna, Vanderbilt, Opportunity, Elite, Spurs, Texas North, Southern Methodist University, Davidson, California Massachusetts, Stanford Harvard, Berkeley UMass Amherst, Amherst College Pomona, University of Texas, parka, Mardi Gras, Daily, West Union, LIFE, Uber, ” Colleges, Washington University, Hopkins, Vassar College, Johns Hopkins, University of Michigan, University of Virginia, University Locations: San Antonio, South Carolina, M.I.T, United States, Durham, N.C, Georgetown, Georgia, California, San Diego, U.C.L.A, University of South Dakota, University of South Florida, America, Middlebury, Northwestern, Pomona, Swarthmore, Harvard, Texas North Carolina, Texas, Canada, Myrtle Beach, Dallas, China, New Orleans, Irish, Camden , N.J, “, St, Johns Hopkins, Wash

Companies U.s. Commodity Futures Trading Commission FollowWASHINGTON, Sept 7 (Reuters) - A U.S. District Court judge has ordered a South African to pay over $1.7 billion in restitution to victims for operating a fraudulent commodity pool worth roughly that amount in bitcoin, the Commodity Futures Trading Commission announced Thursday. The order against Mirror Trading International Proprietary Limited (MTI) resolves an enforcement case the CFTC had filed against the company and its CEO, Cornelius Johannes Steynberg. In a June enforcement order, the CFTC claimed that MTI solicited bitcoin online from thousands of people to purportedly operate a commodity pool. In reality, only a small portion of the pooled bitcoin was ever invested, at a loss, and the rest was "misappropriated," according to the CFTC. The company ultimately filed for bankruptcy in 2021, shortly after which South African authorities launched a fraud investigation.

Persons: Cornelius Johannes Steynberg, MTI, Paul Grant, Caitlin Webber, Chizu Organizations: U.s . Commodity Futures, U.S, Futures Trading, Mirror, Proprietary, CFTC, Thomson Locations: African

REUTERS/Jason Reed/File Photo Acquire Licensing RightsWASHINGTON, Sept 7 (Reuters) - U.S. bank profits were largely flat in the second quarter of 2023 after accounting for the impact of three large failed bank acquisitions, the Federal Deposit Insurance Corporation reported Thursday. The bank regulator said industry profits dipped 11.3% to $70.8 billion in the second quarter, but that was primarily due to the impact of the bank failures and ensuing acquisitions. Accounting for those events, bank profits were up 5.7% compared to a year prior. The FDIC said banks saw unrealized deposits on securities increase 8.3% in the second quarter, rising to $558.4 billion. U.S. bank deposits declined for the fifth straight quarter, but only fell 0.5% in the second quarter compared to a record 2.5% decline in the first quarter.

Persons: Jason Reed, Martin Gruenberg, JPMorgan Chase, Pete Schroeder, Chizu Organizations: Federal Deposit Insurance Corp, REUTERS, Rights, Federal Deposit Insurance Corporation, Silicon Valley Bank, First Republic Bank, JPMorgan, Thomson Locations: Washington, Silicon, U.S

☆ The GOP’s ‘Forever War’ Follies
▼ + stars: | 2023-09-05 | by ( William Mcgurn | ) www.wsj.com time to read: 1 min

4 Florida State jumped into the top five after its resounding victory over LSU in Week 1's marquee game. 3 Alabama moved up a spot and Florida State climbed four places and received the remaining three first-place votes after beating LSU, 45-24. Duke capped the long Labor Day weekend of college football by knocking off Clemson 28-7 on Monday night in Durham, North Carolina. It was the Blue Devils' first victory against a team ranked in the top 10 since 1989 against a Clemson team ranked seventh. POLL POINTSHaving Florida State near the top of the AP poll is a familiar sight, just not as much recently.

Persons: Duke, Deion's Sanders, Sanders, Mike Elko, Jimbo Fisher, Mike Norvell's, Bobby Bowden, ___, Ralph D, Russo Organizations: Associated Press, Florida State, LSU, Georgia, Michigan, Seminoles, Ohio, Clemson, Duke, TCU, Buffaloes, Buffs, NFL, Penn State, Notre Dame, Devils, AP, Texas, Florida, FSU, Florida State's, Pac, SEC, ACC —, Athletic, Tulane Locations: Colorado, Alabama, Southern California, Penn State , Washington , Tennessee, Durham , North Carolina, Florida, Texas, Tuscaloosa , Alabama, Mississippi

WASHINGTON, Sept 5 (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) is seeking buyers for the $33 billion commercial real estate (CRE) loan portfolio of failed New York lender Signature Bank, it said on Tuesday. The majority of the portfolio comprises multi-family properties primarily located in New York City, the regulator said, adding that it would be marketing the asset over the next three months. Within the CRE portfolio is about $15 billion of loans secured by residences that are rent stabilized or controlled. New York City and State housing authorities, as well as community groups, are providing input to the FDIC as it begins marketing. The FDIC said it expects to complete any portfolio sales by the end of 2023.

Persons: Michelle Price, Pete Schroeder, David Goodman Organizations: U.S, Federal Deposit Insurance Corporation, Signature Bank, FDIC, York Community Bancorp, New, Thomson Locations: New York, New York City, State

☆ Visualizing the Latest Wave of N.C.A.A. Conference Realignment
▼ + stars: | 2023-09-01 | by ( Josh Katz | Kevin Quealy | ) www.nytimes.com time to read: +5 min

Missouri and Texas A&M were the first teams to join the SEC in 20 years. Financial benefits and concerns about conference stability lured Boston College to become the A.C.C.’s 12th member in 2005. Penn State, one of the last major programs to remain independent, became the Big Ten’s 11th member in 1993, setting off a wave of realignment across college football. The Missouri Valley Conference stopped sponsoring football after the 1985 season. Arkansas departed for the SEC in 1991, signaling the beginning of the end for the Southwest Conference, long associated with N.C.A.A.

Persons: Drake, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George Washington Colonials Georgia Bulldogs Georgia Southern Eagles Georgia State Panthers Georgia Tech Yellow Jackets Harvard Crimson Hawaii Rainbow Warriors Houston Cougars Idaho Vandals Illinois Fighting Illini Illinois State Redbirds Indiana Hoosiers Indiana State Sycamores Iowa Hawkeyes Iowa State Cyclones Jacksonville State Gamecocks James Madison, Monroe Warhawks Louisville Cardinals Marshall Thundering, William, Mary Organizations: Air Force Falcons Akron Zips Alabama Crimson Tide Appalachian State Mountaineers Arizona Wildcats Arizona State Sun Devils Arkansas Razorbacks Arkansas State Red Wolves Army Black Knights Auburn Tigers Ball State Cardinals Baylor Bears Boise State Broncos Boston College Eagles Bowling Green State Falcons Brigham Young Cougars Brown Bears Buffalo Bulls Cal State Fullerton Titans Cal State Los Angeles Golden Eagles California Golden Bears, Santa Barbara Gauchos, Santa Barbara Gauchos Central Michigan Chippewas Charlotte 49ers Chattanooga Mocs Cincinnati Bearcats Clemson Tigers Coastal, Colorado Buffaloes Colorado State Rams Columbia Lions Connecticut Huskies Cornell Big Red Dartmouth Big Green Davidson, Drake Bulldogs Duke Blue Devils East Carolina Pirates East Tennessee State Buccaneers Eastern Michigan Eagles Florida Gators, Atlantic Owls Florida, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman, Golden Panthers Florida State Seminoles Fresno State Bulldogs Furman Paladins George Washington Colonials Georgia Bulldogs Georgia Southern Eagles Georgia State Panthers Georgia Tech Yellow Jackets Harvard Crimson Hawaii Rainbow Warriors Houston Cougars Idaho Vandals Illinois Fighting Illini Illinois State Redbirds Indiana Hoosiers Indiana State Sycamores Iowa Hawkeyes Iowa State Cyclones Jacksonville State Gamecocks, Golden Panthers 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CNN —Justice Clarence Thomas disclosed Thursday that Republican megadonor Harlan Crow paid for private jet trips for Thomas in 2022 to attend a speech in Texas and a vacation at Crow’s luxurious New York estate, as ethics questions continue to rock the Supreme Court. Thomas made the disclosures after receiving an extension to file the yearly reports that were originally due in May 2023. In a statement after the ProPublica report, Thomas acknowledged the friendship but stressed that Crow did not have business before the court. In addition, he said that he should have disclosed a 2014 private real estate deal between Crow, Thomas and members of Thomas’ family. According to the disclosure, Thomas flew down to be the keynote speaker of the event in February, but returned via private jet “due to an unexpected ice storm.”The talk was rescheduled in May and Thomas rode round trip on Crow’s plane.

Persons: Clarence Thomas, Harlan Crow, Thomas, Dobbs, Roe, Wade, “, Crow, Samuel Alito, ProPublica, Thomas ’, ” Thomas, Virginia Thomas, Leola Williams, Williams, VII, –, Elliot S, Berke, Thomas “, ”, Sen, Sheldon Whitehouse, Chip Somodevilla, Elena Kagan, Alito, ” Alito, Gabe Roth, he’s, ” Roth, Rome Alito, Duke Organizations: CNN, Republican, Judicial Conference, Old Parkland Conference, Hoover Institution, Manhattan Institute, American Enterprise Institute, Black Americans, Crow Holdings, Democrats, Supreme, Capitol, Rhode Island, Wall Street, Notre Dame, School’s, Liberty Initiative, Religious Liberty Summit, Regent University School of Law, Duke Law School Locations: Texas, New York, Georgia, Savannah , Georgia, Washington ,, Rome

It follows a tumultuous spring for regional banks in which Silicon Valley Bank and two other lenders collapsed, forcing regulators to backstop deposits to stave off a broader panic. The proposal, which is subject to industry feedback, would see banks raise their long-term debt issuance by roughly 25%, or $70 billion, according to the FDIC. The agency said banks would have three years from the rule's adoption to meet the new standard. 'COMPELLING CASE'Each bank's debt requirement will be based on their risk-weighted assets, total assets, or total leverage, depending on which number is highest. In a speech previewing the proposals this month, Gruenberg said recent bank failures made "a compelling case" for regulators to impose tougher rules on regional firms.

Persons: Brian Snyder, Martin Gruenberg, Matthew Bisanz, Mayer Brown, “ It’s, Greg Baer, Gruenberg, Ian Katz, Pete Schroeder, Megan Davies, Philippa Fletcher, Andrea Ricci Organizations: First Republic Bank, REUTERS, Rights, Federal Deposit Insurance Corporation, Federal Reserve, Wall, Bank, FDIC, Financial Services Group Inc, Fifth Third Bancorp, Citizens Financial Group Inc, Industry, Bank Policy Institute, Silicon Valley Bank, JPMorgan Chase, FDIC's, Insurance Fund, Capital Alpha Partners, Thomson Locations: Boston , Massachusetts, U.S, Silicon

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