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Credit Suisse owes millions to Georgia’s billionaire ex-prime minister, court says

Published Fri, 15 Nov 2024 03:51:19 GMT

LONDON (AP) — Credit Suisse owes former Georgian Prime Minister Bidzina Ivanishvili hundreds of millions of dollars for failing to protect the billionaire’s money held in a trust pilfered by a manager, a Singapore court ruled Friday, the latest scandal for the Swiss bank whose yearslong problems forced its takeover by a rival.Ivanishvili in 2004 put more than $1.1 billion into a trust overseen by the bank’s Singapore subsidiary, Credit Suisse Trust Limited, and the employee managing the trust “misappropriated many millions of dollars” over nine years before being caught and sent to prison, the Singapore International Commercial Court said. Bidzina, who amassed a fortune in Russia as a businessman before serving as Georgia’s prime minister from 2012 to 2013, sued the Swiss bank for about $1.2 billion, saying it failed to properly administer the trust and keep its assets safe.“The judgment published today is wrong and poses very significant legal issues,” Credit Suis...

2 teens critical after shooting on Near West Side

Published Fri, 15 Nov 2024 03:51:19 GMT

CHICAGO — Two teenagers are in critical condition after a shooting on the city's Near West Side.The shooting happened around 6:17 a.m. Friday in the 1800 block of West Maypole. Police said a 17-year-old boy and 18-year-old were getting into a vehicle when the another person approached them.According to police, the offender pulled out a gun and fired shots at both teens. Chicago’s new leaders’ Memorial Day weekend public safety plan The 17-year-old was shot in the head and transported to Stroger Hospital in critical condition. The 18-year-old was shot in the chest and also transported to Stroger Hospital in critical condition.No one is in custody. Area Three detectives are investigating.

Friday Forecast: Temps near 70 with abundant sun, cooler lakeside

Published Fri, 15 Nov 2024 03:51:19 GMT

CHICAGO — Temperatures near 70 with sunny conditions and cooler lakeside. High: 69; Lakeside: 59. Interactive Radar: Track showers and storm here Clear skies tonight. Low: 49.Saturday Forecast:  Mostly sunny conditions. High: 73; Lakeside: 59.Full forecast details and more at the WGN Weather Center blog

Amber Alert: 2-year-old, 9-year-old abducted from San Antonio

Published Fri, 15 Nov 2024 03:51:19 GMT

SAN ANTONIO, Texas (KXAN) -- Police are searching for two children who were abducted from San Antonio and last seen Thursday afternoon. A suspect has been named in connection to their abduction.The San Antonio Police Department is searching for Zylah Faulks, a 2-year-old Black female. She's described as 2’09” in height and 30 lbs, with black hair, brown eyes, and was last seen wearing unknown clothing. Police are also searching for Kamil Brown-Sykes, a 9-year-old Black female. She's 3’09” in height and 80 lbs, with black hair, brown eyes, and was last seen wearing unknown clothing.Amber Alert issued for Kamil Brown-Sykes, last seen at 4:50 p.m. May 25 in the 3200 block of Bolmore Drive in San Antonio. (Photo: San Antonio Police)They were last seen in the 3200 block of Bolmore Drive in San Antonio, TX at 4:50 p.m. on Thursday, May 25. No photo was available for Zylah Faulks. Julio Najar-Trevino, a 29-year-old Hispanic man was named in connection to the abduction. He is described as 6...

How do the top baby names in Texas compare to the nationwide rankings?

Published Fri, 15 Nov 2024 03:51:19 GMT

AUSTIN (KXAN) — Texas welcomed 2,532 new Liams, 2,120 Noahs, 1,892 Olivias and 1,793 Emmas in 2022.The Social Security Administration released the top baby names of last year. Liam and Olivia were the most popular male and female names in the state, reflecting popularity seen nationwide.In fact, the top two male and female names in Texas matched the overall rankings for the U.S. as a whole. It's not until third place where the rankings start to differ.Liam has been the most popular male name in Texas since 2018, while Olivia has been the most popular female name since 2020.Here's a look at the top 20 most popular baby names in last year. Toggle between Texas and the U.S. as a whole using the buttons in the top left.How has name popularity changed over time?When it comes to names, popularity comes and goes. The Social Security Administration shows the top five most popular male and female names each year back to 1923.Since then, a total of 26 male names have appeared in the top five ...

A mostly dry holiday weekend forecast

Published Fri, 15 Nov 2024 03:51:19 GMT

AUSTIN (KXAN) -- The overnight hours were dry. Today will be dry, as well, with most high temperatures reaching the upper half of the 80s.Today's normal high is 90°Upper-level high pressure will be our main weather feature tomorrow and Sunday with no rain expected either day. After a partly cloudy sky Saturday there will be few more clouds arriving Sunday. Highs will reach the upper half of the 80s again tomorrow. The additional cloud cover means slightly lower high temperatures for Sunday.An upper-level disturbance heads to Central Texas Monday increasing the moisture from the Gulf and leading to the next chance of showers and thunderstorms. This precipitation extends into Monday night and Tuesday. Update on area rain totals Monday to WednesdayOnly isolated showers and thunderstorms will be part of the Wednesday and Thursday outlooks. BLOG: Summer forecast released: When do 100º days begin INVESTIGATION: LCRA didn't plan for climate change until KXAN investigation FIRST WARNIN...

Sheldon Jacobson: America’s health care system benefits the insurance industry, not patients or doctors

Published Fri, 15 Nov 2024 03:51:19 GMT

Could this be the year when America starts to shift away from the employer-sponsored health insurance model?To be sure, health care is an issue that concerns most people. Whether it is accessing care or paying for health care services, few people are free of the anxiety that comes when they or a loved one must undergo treatment for an acute life-threatening or debilitating chronic condition.In spite of the $4 trillion spent in 2021 on health care in the United States, the highest per capita spending in the world, life expectancy in our nation continues to languish in comparison to other industrialized countries.So what are the issues that demand discussion and resolution?For many people, health insurance is tied to their employment. When they take on new employment, their health insurance coverage moves as well. This creates a patchwork of coverage that is susceptible to cracks during any transition. If there is a gap in employment, COBRA is available to provide coverage, at the per...

5 things to know this Friday, May 26

Published Fri, 15 Nov 2024 03:51:19 GMT

ALBANY, N.Y. (NEWS10) — It was a very chilly morning across the Capital Region, but Meteorologists Jill Szwed and Matt Mackie are calling for a significant warmup this afternoon—and they said the heat isn't going anywhere over the long weekend! Get the latest, news, weather, sports and community events delivered right to your inbox! The driver in the Northway crash that killed two Shenendehowa high schoolers in 2012 is out of prison. Meanwhile, travelers are flocking to local airports—and roads—for Memorial Day Weekend. Read more, in today's five things to know.1. Dennis Drue, driver in fatal 2012 Northway crash released from prisonDennis Drue, the drunk and drugged driver who caused the fatal crash that killed Shenendehowa students Christopher Stewart and Deanna Rivers and seriously injured their close friends Bailey Wind and Matt Hardy was released on Thursday. Dennis Drue, driver in fatal 2012 Northway crash released from prison 2. Parents react to Dennis Drue being released ...

'Iron Chef Saratoga' raises $32k for Wellspring

Published Fri, 15 Nov 2024 03:51:19 GMT

SARATOGA SPRINGS, N.Y. (NEWS10) — Chefs from three well-known area restaurants and bartenders from two popular local bars competed Wednesday night at Airosmith Development's third annual Iron Chef Saratoga event to raise funds for Wellspring, the county's domestic violence and sexual assault resource agency. All proceeds from ticket sales—over $32,000—will go toward the agency's mission to support survivors and engage the community to end relationship and sexual abuse. Get the latest, news, weather, sports and community events delivered right to your inbox! Much like the classic Iron Chef culinary game show, chefs were given a secret ingredient, and each round was timed. The competing chefs, from well-known Saratoga restaurants 30 Lake, Osteria Danny, and Salt & Char, were a new addition to this year's Iron Chef. This year's competition also featured a specialty cocktail competition between bartenders from Spa City Tap and Barrel and Lucy's Bar. In addition to the specialty c...

Coroner IDs man and woman killed in Highway 1 crash near Castroville

Published Fri, 15 Nov 2024 03:51:19 GMT

CASTROVILLE — The Monterey County Sheriff-Coroner’s Office has identified two individuals killed Tuesday in a head-on collision near Molera Road.Dorothy Cousins, 79, of Soquel, was driving southbound on Highway 1 when a driver operating a GMC Sierra pickup traveled directly into the path of her car, a Mazda CX-5. The cause of the crash remained under investigation by the California Highway Patrol Monterey area this week.Both Cousins and her backseat passenger, James Hendrickson, 76, of Dandridge, Tennessee, were killed in the crash. Cousins’ front-seat passenger, a 73-year-old woman from Tennessee, suffered major injuries and was transported to an area trauma center for care. The driver of the GMC, a 69-year-old Santa Cruz man who had been driving northbound around 12:30 p.m., also was taken to the hospital for treatment of major injuries. Related ArticlesCrashes and Disasters | I-580 lanes reopen after crash following a road-rage shooting Crashes and Disasters | ...