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Credit Suisse: Net asset outflows topped $68 billion in Q1

Published Wed, 26 Feb 2025 23:25:17 GMT

GENEVA (AP) — Ailing Swiss bank Credit Suisse on Monday reported over 61 billion Swiss francs (over $68 billion) in net asset outflows in the first quarter, when Switzerland’s government arranged for its takeover by rival UBS, and said investors are continuing to withdraw assets this month.The Zurich-based bank cited “significant net asset outflows” as it posted its first-quarter results that were skewed by the rescue plan, which was ordered by Switzerland’s financial markets regulator and included the write-down of some 15 billion francs in debt tied up in a particular type of bond. The takeover by UBS is expected to close in the coming months, and was designed in part to help stabilize the global financial system that had been roiled by the collapse of two U.S. banks. The reputation of 167-year-old Credit Suisse had been pummeled in recent years over stock price declines, a string of scandals and the flight of depositors worried about the bank’s future amid global financial turmoi...

Nikola Jokic, Jamal Murray lament “missed opportunity” to sweep Wolves into offseason

Published Wed, 26 Feb 2025 23:25:17 GMT

MINNEAPOLIS – Most of the heavy lifting was already done, and it looked like the Timberwolves were headed for hibernation.Nikola Jokic and Michael Porter Jr. orchestrated an absurd 11-0 run over the final two minutes of regulation in Sunday’s gripping Game 4, putting the Nuggets on the precipice of the second round and the verge of the first sweep in franchise history.Down 96-95 with 12 seconds left, Jokic went to the free-throw line for two looks, a place he hadn’t visited once in Friday’s Game 3. On a night when the two-time reigning MVP hung 43 points on 26 shots, including five 3-pointers, Jokic missed. His errant free throw changed the complexion of the comeback and the game.“We had (an) opportunity,” lamented Jokic, who hit the second free throw to force overtime but whose team defense evaporated in the extra session.First Jokic took the blame for the free throw. If he had made both, maybe the Wolves wouldn’t have mustered a game-winning shot to stave off elimination. Th...

Germany's foreign minister: Parts of China trip 'more than shocking'

Published Wed, 26 Feb 2025 23:25:17 GMT

German Foreign Minister Annalena Bärbock described her recent visit to China on Wednesday as "more than shocking". She said Beijing is increasingly becoming a rival system rather than a trading partner or competitor.Baerbock made the remarks after her visit to Beijing, where she warned of any attempts by China to control Taiwan.Beijing has always claimed that Taiwan is a Chinese province, governed democratically. It also never ruled out using force to take the island under control.Baerbock also stated that China wants to follow its rules instead of the international order based on rules. Beijing, in turn, asked Germany to back Taiwan'reunification' and said China-Germany were not enemies but partners.Baerbock told the German Bundestag on Wednesday that "some of what she saw was more than shocking".She didn't elaborate, but her comment came after she had said that China was becoming aggressive and repressive both internally and externally.She said that for Germany, China is both a co...

How to use flowcharts to visualize workflows

Published Wed, 26 Feb 2025 23:25:17 GMT

A flowchart is a technique for visualizing a workflow. By making a flowchart, you can leave more effective results at work.After reading this article you will know:● What is a workflow?● What is a flowchart?● How to use flowchartsPlease read this article and use flowcharts at work.What is a workflowWorkflow (or business flow) refers to the sequence of operations. It is a content and diagram that shows which work should be given to whom. Presenting a workflow can help you work more smoothly, improve your decisiveness, and increase your productivity.Example of workflowFrom manufacturing to sales of product A:1. Outsourced manufacturing (OEM)2. Purchase product3. Quality check4. Delivered to Warehouse ASales5. Packaging6. Wholesale7. Sales8. Reach your customers9. Marketing10. Sales11. Reach the customerWhy Use Flowcharts?A flowchart is a way to make the workflow easier for others to understand. By drawing the actual work in a way that is easy to visualize, it becomes easier to underst...

1 dead after shooting in Exposition Park

Published Wed, 26 Feb 2025 23:25:17 GMT

One person is dead after a shooting Sunday night in Exposition Park, authorities said.  Calls about the incident, located in the 3700 block of Vermont Avenue, near Exposition Boulevard, came in at around 8:30 p.m., according to the Los Angeles Fire Department. Officials with the Los Angeles Police Department told KTLA that three suspects approached the victim, described only as a Black male in his 30s, as he was sitting in the passenger side of a vehicle. An argument ensued and shots were fired. The three suspects then fled.  Paramedics responded to the scene and the victim was taken to the hospital where he succumbed to his injuries.  L.A. police on the scene of a fatal shooting in Exposition Park on April 23, 2023. (KTLA)Details about the fatal shooting are limited, but so far, no arrests have been made and authorities have not provided any additional details about the suspects.  

Single family residence sells for $3.3 million in San Jose

Published Wed, 26 Feb 2025 23:25:17 GMT

1117 Mockingbird Court – Google Street ViewThe spacious property located in the 1100 block of Mockingbird Court in San Jose was sold on April 6, 2023 for $3,300,000, or $981 per square foot. The house, built in 1997, has an interior space of 3,365 square feet. The property features four bedrooms, three baths, a garage, and four parking spaces. The unit sits on a 0.3-acre lot.Additional houses that have recently changed hands close by include:In September 2022, a 3,522-square-foot home on Micro Court in San Jose sold for $2,700,000, a price per square foot of $767. The home has 4 bedrooms and 3 bathrooms.A 3,780-square-foot home on the 1100 block of Macias Court in San Jose sold in October 2022, for $3,100,000, a price per square foot of $820. The home has 5 bedrooms and 4 bathrooms.On Macias Court, San Jose, in October 2022, a 4,015-square-foot home was sold for $3,150,000, a price per square foot of $785. The home has 5 bedrooms and 5 bathrooms. 

Braves begin 4-game series with the Marlins

Published Wed, 26 Feb 2025 23:25:17 GMT

Miami Marlins (12-10, third in the NL East) vs. Atlanta Braves (14-8, first in the NL East)Atlanta; Monday, 7:20 p.m. EDTPITCHING PROBABLES: Marlins: Edward Cabrera (1-1, 4.08 ERA, 1.76 WHIP, 18 strikeouts); Braves: Spencer Strider (2-0, 2.45 ERA, 1.05 WHIP, 36 strikeouts)FANDUEL SPORTSBOOK MLB LINE: Braves -279, Marlins +228; over/under is 8 runsBOTTOM LINE: The Atlanta Braves host the Miami Marlins on Monday to begin a four-game series.Atlanta is 4-6 at home and 14-8 overall. The Braves are fourth in MLB play with 30 total home runs, averaging 1.4 per game.Miami has a 12-10 record overall and a 5-4 record on the road. The Marlins have a 5-0 record in games when they scored at least five runs.The teams meet Monday for the first time this season.TOP PERFORMERS: Sean Murphy has seven doubles, five home runs and 15 RBI for the Braves. Ozzie Albies is 10-for-38 with two doubles and three home runs over the past 10 games.Luis Arraez has five doubles, a triple and a home run for the Marl...

Giants host the Cardinals to begin 4-game series

Published Wed, 26 Feb 2025 23:25:17 GMT

St. Louis Cardinals (9-13, fourth in the NL Central) vs. San Francisco Giants (7-13, fourth in the NL West)San Francisco; Monday, 9:45 p.m. EDTPITCHING PROBABLES: Cardinals: Jordan Montgomery (2-2, 4.84 ERA, 1.34 WHIP, 19 strikeouts); Giants: Alex Cobb (0-1, 2.79 ERA, 1.50 WHIP, 22 strikeouts)FANDUEL SPORTSBOOK MLB LINE: Cardinals -125, Giants +105; over/under is 8 runsBOTTOM LINE: The San Francisco Giants start a four-game series at home against the St. Louis Cardinals on Monday.San Francisco has a 4-6 record in home games and a 7-13 record overall. The Giants have a 1-3 record in games decided by one run.St. Louis has a 4-5 record in road games and a 9-13 record overall. The Cardinals are 7-2 in games when they scored five or more runs.Monday’s game is the first time these teams match up this season.TOP PERFORMERS: Thairo Estrada leads the Giants with four home runs while slugging .532. Wilmer Flores is 12-for-40 with a double, a home run and three RBI over the past 10 games...

El gobernador de Florida, Ron DeSantis, se reunió en Tokio con el primer ministro de Japón

Published Wed, 26 Feb 2025 23:25:17 GMT

(CNN) — El gobernador de Florida, Ron DeSantis, aspirante a la postulación republicana a las elecciones presidenciales de Estados Unidos, se reunió este lunes en Tokio, Japón, con el primer ministro de ese país, Fumio Kishida.Durante la reunión, ambos intercambiaron puntos de vista sobre “asuntos regionales”, y Kishida declaró que espera que “la visita de DeSantis a Japón conduzca a un mayor fortalecimiento de la relación Japón-EE.UU. y Japón-Florida”, según un comunicado del Ministerio de Asuntos Exteriores japonés publicado este lunes.DeSantis provoca a Trump al referirse al caso de supuestos pagos por silencio que enreda al expresidenteDeSantis añadió: “Japón es un socio importante para EE.UU. y Florida”, añadió el comunicado.DeSantis está viajando a Japón, Corea del Sur, Israel y el Reino Unido para reunirse con funcionarios de esos países como parte de una “misión comercial internacional”, según su oficina.The-CNN-Wire&trade...

Ex-UN Secretary-General Ban Ki-moon on surprise Myanmar trip

Published Wed, 26 Feb 2025 23:25:17 GMT

BANGKOK (AP) — Former U.N Secretary-General Ban Ki-Moon is on a surprise visit to military-run Myanmar on behalf of a group of elder statesmen that engages in peace-making and human rights initiatives around the world, a South Korean diplomat said Monday.The arrival of Ban, the deputy chair of The Elders, in the capital Naypyitaw was announced Sunday night by state television MRTV. It said he arrived with a small delegation, and was greeted by the deputy ministers for defense and foreign affairs.“This visit by Mr. Ban Ki Moon was totally scheduled by The Elders. We are not engaged in this process,”″ said a South Korean Embassy official, speaking on condition of anonymity because he wasn’t authorized to speak to the media. “This is not the official visit. It is probably a two-day visit. He will depart this evening.”Ban is a former South Korean foreign minister. The Elders have not yet released any details about Ban’s visit, and no further information was given by the military g...