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[1/3] Flowers decorate the fence around the First Baptist Church of Sutherland Springs where 26 people were killed a week earlier on Nov. 5, 2017, as the church opens to the public as a memorial to those killed, in Sutherland Springs, Texas, U.S. November 12, 2017. REUTERS/Rick Wilking/File PhotoCompanies The United States Department Of Justice FollowApril 5 (Reuters) - The U.S. Department of Justice reached a $144.5 million settlement with survivors and families of victims of the 2017 mass shooting at a Texas church that killed 26 people, for which a judge had found the Air Force primarily responsible. Wednesday's settlement with more than 75 plaintiffs requires approval by U.S. District Judge Xavier Rodriguez in San Antonio. It would end the government's appeal of Rodriguez's order that it pay approximately $230 million over the Nov. 5, 2017 massacre by former Air Force airman Devin Patrick Kelley at the First Baptist Church in Sutherland Springs, Texas. "No words or amount of money can diminish the immense tragedy of the mass shooting in Sutherland Springs," Associate Attorney General Vanita Gupta said in a statement.

☆ Call it the Great Cash Out: Almost half of job switchers are making the mistake of cashing out their retirement savings when they go
▼ + stars: | 2023-04-05 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +4 min

Americans are rushing to cash out their 401(k)s, and it's not just about being strapped for money. Cashing out when you leave a job can mean you miss out on major long-term savings, experts say. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAmericans have been cashing out their retirement savings at an "alarming" rate. That's despite the IRS's 10% penalty, under most circumstances, for those under the age of 59.5 who choose to cash out. Of the workers withdrawing from their funds after a job separation, only 27% were fired or laid off.

☆ US rule to allow some inmates to stay home after COVID emergency lifts
▼ + stars: | 2023-04-04 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +2 min

[1/2] The Metropolitan Detention Center (MDC), which is operated by the U.S. Federal Bureau of Prisons, is pictured, as the global outbreak of the coronavirus disease (COVID-19) continues, in Brooklyn, New York, U.S., December 8, 2020. The regulations are expected to provide some relief to inmates, who feared they could potentially be hauled back into prison when the public health emergency expires on May 11. Criminal justice and civil rights groups have lobbied the Justice Department and the White House to change those rules to prevent inmates from being returned to prison en masse. The BOP will still be able to impose "proportional and escalating sanctions," including a return to prison, on inmates who commit infractions. Of those, the department said only a fraction of one percent were returned to prison due to new criminal conduct.

Amazon is currently hosting deals for Samsung's latest Galaxy S23 phones, including the standard Galaxy S23, Galaxy S23 Plus, and Galaxy S23 Ultra, for a limited time. And the Galaxy S23 Ultra that typically costs $1,200 is down to $1,000 — that's $200 off, and the same regular price as the Galaxy S23 Plus. Deal Samsung Galaxy S23 Ultra (256GB) Amazon’s $200 deal on the Galaxy S23 Ultra is an all-time low price for Samsung’s most powerful smartphone to date. Deal Samsung Galaxy S23+ (256GB) Save $150 on Amazon for the Galaxy S23+, a larger-screen version of the S23 (6.6 inches versus 6.1). Deal Samsung Galaxy S23 (128GB) Amazon is taking $100 off the Galaxy S23 (2023), the entry model in Samsung's flagship smartphone series.

☆ DeSantis gets support from some on Wall Street, but Trump looms large in their concerns
▼ + stars: | 2023-04-03 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

Ron DeSantis, according to people familiar with the conversations. "I think most people favor DeSantis over Trump but it's unclear that [DeSantis] can win," a Wall Street donor strategist told CNBC. Peterffy has even donated more than $360,000 to a pro-DeSantis political action committee called Friends of Ron DeSantis. DiLella has donated at least $80,000 to the Friends of Ron DeSantis PAC, according to state records. Gerson donated $3,000 to DeSantis' 2018 campaign for governor and just over $100,000 to the Friends of Ron DeSantis PAC between 2018 and 2022, according to state records.

☆ One of the oldest restaurants at Downtown Disney in California is closing down
▼ + stars: | 2023-04-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Catal Restaurant and Uva Bar at Disneyland California's Downtown Disney are closing on 14 April. The restaurant has been in business since the Downtown Disney District opened in 2001. Catal Restaurant and its accompanying outdoor bar – Uva Bar – have been permanent fixtures since the opening of Downtown Disney in 2001. The theme park says that the restaurant and bar are closing "to make way for an exciting new addition to the Downtown Disney District." The change is part of a large redevelopment of the Downtown Disney District, which is home to a number of restaurants, shops, and entertainment options.

☆ Leonardo DiCaprio testifies in Fugees rapper's lobbying trial
▼ + stars: | 2023-04-03 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +2 min

DiCaprio is one of several prominent figures linked to Low, who is suspected of embezzling $4.5 billion from Malaysia's 1MDB sovereign wealth fund. Michel faces 11 criminal counts for trying to influence the administrations of Obama and former President Donald Trump. Prosecutors said Michel agreed to funnel money into Obama's 2012 re-election campaign and hide the source of the funds. Prosecutors said Michel later waged an illegal influence campaign to persuade the Trump administration to stop investigating Low. Michel and other co-conspirators are also accused of lobbying the Trump administration at China's behest to return Guo to China.

☆ Hacker Stole My Phone, Credit Card, Identity. I Set Out to Find Them.
▼ + stars: | 2023-04-02 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +22 min

They left the Verizon store and went to a nearby Apple store, where they used my Chase credit card to spend $6,370. And two, because a physical credit card had been used to make the purchases, even though I was still in possession of my card. Typically, when your credit card is about to expire, as mine was, the bank sends you a new card a few weeks ahead of time. All told, the gang allegedly stole hundreds of identities and defrauded retailers and credit card companies of $1.3 million. Whoever hacked my identity, it makes sense that they started with my credit card.

March 30 (Reuters) - Citigroup Inc (C.N) hired Andy Sieg to lead its global wealth arm, the lender said on Thursday, from Bank of America Corp (BAC.N), where he led the Merrill Wealth Management unit. Two years ago, Citigroup unified its various wealth businesses into a single organization led by Jim O'Donnell that included its private bank and personal wealth management divisions. Fraser signaled the bank's intention to become a global leader in wealth management at its investor day last year. "This is a fantastic opportunity to build a leading wealth management business at the world's most global bank at a time of massive wealth creation," he said in a statement. Sieg's departure prompted the appointments of Lindsay Hans and Eric Schimpf as co-leads of Merrill Wealth Management, Bank of America said in a separate statement.

☆ Is Jamie Dimon the most powerful person in finance?
▼ + stars: | 2023-03-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Insider's Carter Johnson has a story on one executive whose profile continues to rise: Jamie Dimon. Carter's story got me thinking: Who's the most powerful person in finance? Warren Buffett: Before you jump down my throat, realize this is a list of the most powerful people in finance not on Wall Street. Place your vote here — or name someone else — for who you think is the most powerful person in finance. The bank was hit with a nearly $100 million fine for letting a foreign bank make prohibited transactions, The Wall Street Journal reports.

The iPhone 14 Pro Max is Apple's priciest and most premium iPhone, so it pays to protect it with a reliable case. Our favorite cases for the iPhone 14 Pro Max include models from Apple, Otterbox, Smartish, and other trusted brands. Do iPhone 13 Pro Max cases fit the iPhone 14 Pro Max? A case meant for the iPhone 13 Pro Max will not fit the iPhone 14 Pro Max, as the two phones have slightly different dimensions. Though the iPhone 13 Pro Max and 14 Pro Max have the same height, they have different widths and depths.

Pixel 7 vs. Pixel 7 Pro: ScreensThe Pixel 7 and Pixel 7 Pro have very different screens. Pixel 7 vs. Pixel 7 Pro: Performance and smart featuresThe Pixel 7 and Pixel 7 Pro run on the same processor, which helps run the same set of smart features that Google’s Pixel phones are known for. Antonio Villas-Boas/InsiderPixel 7 vs. Pixel 7 Pro: Battery life and chargingThe Pixel 7 surprisingly showed a better result than the bigger Pixel 7 Pro in our battery test. Pixel 7 vs. Pixel 7 Pro: PriceThe Pixel 7 and Pixel 7 Pro differ pretty dramatically in price, with a steep $300 delta between each model's storage options. Pixel 7 Pixel 7 Pro 128GB $599 $899 256GB $699 $999 512GB N/A $1,099Pixel 7 vs. Pixel 7 Pro: Which should you buy?

March 30 (Reuters) - Citigroup Inc (C.N) on Thursday it has hired Andy Sieg to lead its global wealth arm from Bank of America Corp (BAC.N), where he led the Merrill Wealth management unit. Two years ago, Citigroup unified its various wealth businesses into a single wealth management organization, which was led by Jim O'Donnell and included the Citi Private Bank and Citi Personal Wealth Management. At its investor day last year, Fraser signaled the bank's intention to become a global leader in wealth management. Sieg's departure led to the appointments of Lindsay Hans and Eric Schimpf as co-leads of Merrill Wealth Management, Bank of America said in a separate statement. Sieg joined Merrill Lynch in 1992 and had served as Merrill president since 2017.

☆ Bank of America's Andy Sieg is joining Citi as head of global wealth
▼ + stars: | 2023-03-30 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +1 min

Andy Sieg, a veteran of Merrill Lynch, is parting ways with Bank of America to join Citigroup . He will be the new head of Citi Global Wealth, reporting to Jane Fraser, the bank's CEO. Previously, Sieg was president of Merrill Lynch Wealth Management, a post he's held for six years. He was also a member of Bank of America's executive management team. Separately, Bank of America announced that Lindsay Hans and Eric Schimpf have been appointed presidents and co-heads of Merrill Wealth Management.

☆ Meet the new co-heads of Merrill Lynch as Andy Sieg exits to jump-start Citi's wealth business
▼ + stars: | 2023-03-30 | by ( Hayley Cuccinello | Rebecca Ungarino | ) www.businessinsider.com time to read: +4 min

Merrill Lynch head Andy Sieg is leaving to lead rival Citi's wealth management business. Sieg is leaving for rival bank Citi, where he faces a big challenge when he starts in September: improving Citi's wealth business, which has lagged behind competitors like Merrill and Morgan Stanley Wealth Management. New battles await both Sieg at Citi, where he will be head of Citi Global Wealth, and his successors at Merrill. The move was made after the wealth business had missed revenue targets, the Wall Street Journal reported. Citi CEO Jane Fraser described the wealth management unit's performance as "disappointing" on a call to discuss earnings in January.

[1/5] Grammy award-winning Fugees rapper Prakazrel (Pras) Michel, who is facing criminal charges in an alleged illegal lobbying campaign, arrives for opening arguments in his trial at U.S. District Court in Washington, U.S., March 30, 2023. "This is a case about foreign money, influence and concealment," Lockhart said during her opening statement in Washington on Thursday. "Through this scheme, the defendant duped the Obama campaign," Lockhart told the jury. For his work on these two lobbying campaigns on behalf of Low and China, prosecutors said Michel was paid $70 million. Low remains a fugitive in the Michel case.

Trump asked Raffensperger to "find" enough votes needed to overturn Trump's election loss in Georgia. Only the Justice Department can decide whether to charge Trump, who has called the Democratic-led panel's investigation a politically motivated sham. Trump has accused the Justice Department of engaging in a partisan witch hunt. NEW YORK ATTORNEY GENERAL CIVIL LAWSUITNew York Attorney General Letitia James sued Trump and his Trump Organization last September for fraud. The second lawsuit could go to trial on April 25, after a U.S. judge in January called Trump's bid to dismiss it "absurd."

Ermotti may need to persuade Switzerland's authorities that UBS should keep "the piece de resistance," Credit Suisse's domestic bank, said Porta's Wittmann. During the financial crash of 2008 it was UBS, not Credit Suisse, that took the lion's share of support from the state. One of Ermotti's biggest challenges may be to prevent Credit Suisse's problems contaminating UBS, which will involve hacking back its investment bank and its unwieldy derivatives. Disentangling Credit Suisse's finances, however, is only a part of the problem. "There are clearly parts of Credit Suisse that have had a bad culture.

☆ Factbox: Five facts about returning UBS CEO Sergio Ermotti
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

LONDON, March 29 (Reuters) - Sergio Ermotti has been rehired as the CEO of Swiss banking giant UBS (UBSG.S) to steer its massive takeover of rival Credit Suisse (CSGN.S). * He joined UBS in 2011 after being passed over for the top job at Italian lender UniCredit. Within six months of joining he was appointed interim CEO in the wake of a $2.3 billion trading scandal, before he was picked to run UBS on a permanent basis until 2020. * Ermotti, with long experience in investment banking and wealth management, is credited with executing UBS's turnaround and scaling down its investment banking operations after a series of scandals and losses nearly caused the bank's implosion. Reporting by Tommy Reggiori Wilkes; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

The Samsung Galaxy S23 Ultra is one of the best premium smartphones on the market. FAQsWill a Galaxy S22 Ultra case fit a S23 Ultra? No, Galaxy S22 Ultra cases will not properly fit the Galaxy S23 Ultra. The S22 Ultra and S23 Ultra are very similar in size, but the S23 is just slightly bigger — it's 0.03 inches taller, and 0.07 inches wider. Like most premium smartphones, the Galaxy S23 Ultra is made out of some pretty strong materials.

☆ Pence must testify in Jan. 6 attack probe, judge rules -source
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, March 28 (Reuters) - A federal judge has ruled that former U.S. Vice President Mike Pence must testify to a grand jury about conversations he had with former President Donald Trump leading up to the Jan. 6, 2021, attack on the U.S. Capitol, a source familiar with the ruling said on Tuesday. In a ruling that remains under seal, the judge also said that Pence can still decline to answer questions related to Jan. 6, the source said, adding that Pence can still appeal the ruling. The appeal option is being evaluated, the source said. "I'm pleased that the court accepted our argument and recognized that the Constitution's provision about speech and debate does apply to the vice president," he said. In February, a source told Reuters Pence was preparing to resist a grand jury subpoena to secure his testimony.

☆ Pence must testify in Jan. 6 attack probe, judge rules -reports
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, March 28 (Reuters) - A federal judge has ruled that former U.S. Vice President Mike Pence must testify to a grand jury about conversations he had with former President Donald Trump leading up to January 6, 2021 attack on the U.S. Capitol, according to media reports. In a ruling that remains under seal, the judge also said that Pence can still decline to answer questions related to Jan. 6, CNN reported, citing unnamed sources, adding that Pence can still appeal the ruling. NBC separately reported the judge's split decision citing sources familiar with the ruling, saying it compels Trump former vice president to appear before the federal grand jury but shields him from testifying about Jan. 6, 2021. Pence, who is exploring a challenge to Trump for the Republican presidential nomination in 2024, is fighting a grand jury subpoena to secure his testimony, sources have told Reuters. Reporting by Sarah N. Lynch; additional reporting Kanishka Singh; writing by Susan Heavey and Paul Grant Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

☆ Pharmacy startups are losing their battle with giants like CVS and Walgreens
▼ + stars: | 2023-03-28 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +12 min

Pharmacy startups like Capsule and Truepill are crumbling in the fight against pharmacy giants. But in the past year, the pharmacy startups have begun to crumble. Plus, each chain has thousands of stores across the country, providing the convenience that the pharmacy startups seek to replicate with tech. The digital-pharmacy shakeoutAnalysts suggested that healthcare startups with pharmacy components, rather than pure-play pharmacy startups, are best positioned to succeed. Truepill CEO Sid Viswanathan TruepillBut the pharmacy startups that have attempted to offer additional services have largely shelved those efforts in recent months.

☆ How First Republic's courtship of the wealthy led to meltdown
▼ + stars: | 2023-03-27 | by ( Lawrence Delevingne | ) www.reuters.com time to read: +6 min

March 27 (Reuters) - First Republic Bank (FRC.N) became the epicenter of the U.S. regional banking crisis after the wealthy clients it courted to fuel its breakneck growth started withdrawing deposits and left the bank reeling. Reuters GraphicsFor years, First Republic lured high net-worth customers with preferential rates on mortgages and loans. Morgan Stanley analysts estimated a deposit outflow of nearly half of total deposits according to a March 20 note. First Republic's loan book and investment portfolio also became less valuable as interest rates rose, which is hampering a capital raise. "Wealthy customers were drawn to First Republic in part because they could get large mortgages at rock-bottom interest rates," said McCoy.

☆ Ex-Trump lawyer appears before grand jury as U.S. probes swirl
▼ + stars: | 2023-03-24 | by ( Sarah N. Lynch | ) www.reuters.com time to read: +5 min

Corcoran and his attorney Michael Levy entered the federal courthouse in Washington and went to the third floor, where the grand jury typically meets. Attorneys for Trump did not respond to a request for comment on the court order compelling Meadows and other former aides to testify. At that June meeting, the lawyers handed over a single envelope containing 38 documents with classified markings. Corcoran is one of multiple Trump attorneys who have been summoned to appear before the grand jury. Tim Parlatore, another attorney, voluntarily testified before the same grand jury in December to explain the steps Trump's legal team took to comply with the May 2022 subpoena.

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