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US turns to new ways to punish Russian oligarchs for the war

Published Wed, 26 Feb 2025 21:59:32 GMT

WASHINGTON (AP) — The U.S. has begun an aggressive new push to inflict pain on Russia’s economy and specifically its oligarchs with the intent of thwarting the Kremlin’s invasion of Ukraine. From the Treasury Department to the Justice Department, U.S. officials will focus on efforts to legally liquidate the property of Russian oligarchs, expand financial penalties on those who facilitate the evasion of sanctions, and close loopholes in the law that allow oligarchs to use shell companies to move through the U.S. financial system. Andrew Adams, who heads the KleptoCapture task force, designed to enforce the economic restrictions within the U.S. imposed on Russia and its billionaires, told The Associated Press that the group is prioritizing its efforts to identify those who help Russians evade sanctions and violate export controls. “These illicit procurement networks will continue to take up an ever-increasing amount of our bandwidth,” said Adams, who also serves as acting deputy assis...

Biden to announce Australia submarine deal in San Diego

Published Wed, 26 Feb 2025 21:59:32 GMT

WASHINGTON (AP) — President Joe Biden is set to meet with two of America’s closest allies to announce that Australia will purchase U.S.-manufactured, nuclear-powered attack submarines to modernize its fleet, amid growing concerns about China’s influence in the Indo-Pacific region.Biden is traveling Monday to San Diego, where he will meet Australian Prime Minister Anthony Albanese and U.K. Prime Minister Rishi Sunak for talks on the 18-month-old nuclear partnership known by the acronym AUKUS.The partnership, announced in 2021, paved the way for Australia’s access to nuclear-powered submarines, which are stealthier and more capable than conventionally powered boats, as a counterweight to China’s military buildup.San Diego is Biden’s first stop on a three-day trip to California and Nevada. He will discuss gun violence prevention in the community of Monterey Park, California, and his plans to lower prescription drug costs in Las Vegas. The trip will include fundr...

AP News in Brief at 12:04 a.m. EDT

Published Wed, 26 Feb 2025 21:59:32 GMT

US government moves to stop potential banking crisisNEW YORK (AP) — The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors at the failed institution that they could access all their money quickly, even as another major bank was shut down.The announcement came amid fears that the factors that caused the Santa Clara, California-based bank to fail could spread. Regulators had worked all weekend to try to find a buyer for the bank, which was the second-largest bank failure in history. Those efforts appeared to have failed Sunday. In a sign of how fast the financial bleeding was occurring, regulators announced that New York-based Signature Bank had also failed and was being seized on Sunday. At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.The near-financial crisis that U.S. regulators had to intervene to prevent left Asian market...

China’s Xi wants bigger global role after Saudi-Iran deal

Published Wed, 26 Feb 2025 21:59:32 GMT

BEJIING (AP) — President Xi Jinping called for China to play a bigger role in managing global affairs after Beijing scored a diplomatic coup by hosting talks that produced an agreement by Saudi Arabia and Iran to reopen diplomatic relations.Xi spoke Monday following a legislative session that installed a government of loyalists to tighten his control over the economy and society.China should “actively participate in the reform and construction of the global governance system” and promote “global security initiatives,” said Xi, the country’s most powerful leader in decades, in a speech at end of the annual meeting of China’s ceremonial legislature.That will add “positive energy to world peace and development and create a favorable international environment for our country’s development,” Xi said.Xi gave no details of the ruling Communist Party’s ambitions, but his government has pursued increasingly assertive policies abroad since he took power in 2012. It has pressed for chang...

Keller’s 2nd of game in OT gives Coyotes 5-4 win over Wild

Published Wed, 26 Feb 2025 21:59:32 GMT

TEMPE, Ariz. — Clayton Keller’s second goal of the night at 4:09 of overtime lifted the Arizona Coyotes to a 5-4 victory over the Minnesota Wild on Sunday night.Barrett Hayton had two goals and an assist for Arizona. Keller’s pair gave him 29 for the season and Brett Ritchie scored his eighth — and second in three games since being acquired from Calgary in a trade involving his brother Nick. Ritchie also had two assists. Karel Vejmelka had 30 saves.Minnesota tied its franchise record points streak at 13 games (10-0-3). The Wild matched the team mark (12-0-1) set from Dec. 2-29, 2016. But the Wild trail Dallas by one point (85-84) in the Central Division.Mats Zuccarello, Ryan Reaves, Matt Boldy and Connor Dewar had goals for Minnesota. Filip Gustavsson finished with 18 saves.The Wild played their second game without injured Kirill Kaprizov, who went out Wednesday against Winnipeg with a lower-body injury and may miss the rest of the regular season. Kaprizov leads Minnesot...

Dog swimming out to sea rescued by Long Beach lifeguard

Published Wed, 26 Feb 2025 21:59:32 GMT

Lifeguards rescued a small white dog who was swimming out to sea Sunday in Long Beach, officials announced.  At around 6 p.m., lifeguards received a call regarding a dog that was running loose in the Junipero Lot. When personnel arrived, they saw the pooch run into the ocean and start swimming out to sea. “Lifeguard 7 put on his wetsuit, grabbed his rescue board and buoy, and headed out to rescue the small white lap dog,” the Long Beach Fire Department said.  The dog made it all the way out to the swim line before crews on a boat were able to help the lifeguard get the dog on the rescue board and safely back to shore.Before running into the ocean, the little pooch had been seen running loose in the Junipero Lot Mar. 12, 2023 (LBFD).So far, lifeguards have been unable to locate the dog’s owner and animal control was called to take custody of the animal.  Officials asked the owner of the dog call 562-570-7387. 

Oscars 2023: ‘Everything Everywhere’ makes history

Published Wed, 26 Feb 2025 21:59:32 GMT

“Everything Everywhere All at Once” proved to be the weird little movie that could at the 95th annual Academy Awards on Sunday, winning seven of its 11 nominations, including Oscars for best picture, best director and three of its actors.Producer Jonathan Wang thanked the “brilliant and bighearted cast and crew” who surrounded him onstage at the Dolby Theatre in Hollywood after “Everything Everywhere” closed out the night with a win for best picture.Co-director Daniel Kwan wrapped up with a message of hope for the continuing role of film to help “shelter each other from the crazy chaos of this world.”“I have great faith in our stories,” Kwan said of film in general. “These stories have changed my life. They have for generations. And I know that we’ll get through this.”Michelle Yeoh, the first Asian to win a best actress Oscar, accepted her award for “Everything Everywhere” with a shout-out for holding fast to your dreams no matter one’s background or age.“For all the little boys and...

Photos: See the winners and best performances of the 95th annual Academy Awards in Hollywood

Published Wed, 26 Feb 2025 21:59:32 GMT

“Everything Everywhere All at Once” was the big winner on the historic 95th annual Academy Awards night.With seven awards, capping a huge haul on Hollywood’s biggest night, the movie won best picture to close the evening.With 11 nods, the film helmed by the duo known as the Daniels also picked up awards for best actress (Michelle Yeoh), best supporting actor (Ke Huy Quan), best supporting actress (Jamie Lee Curtis), best director, best original screenplay and best film editing.For Michelle Yeoh, it was an Oscar. For Asian women, it was history. Yeoh became the first Asian woman to win best actress.Brendan Fraser was “The Whale.” He’s now the winner. Fraser’s journey is complete, winning Best Actor for “The Whale” on Sunday at the Oscars, the crowd at the Dolby Theater erupting in what seemed like one of the loudest ovations of the night when he was announced.You might think Lady Gaga’s bare-faced, ripped-jeans-and-T-shirt appearance during her performance of “Hold My Han...

‘Everything Everywhere’ wins best picture and six other honors at Oscars

Published Wed, 26 Feb 2025 21:59:32 GMT

By JAKE COYLE (AP Film Writer)LOS ANGELES (AP) — The metaphysical multiverse comedy “Everything Everywhere All at Once” wrapped its hot dog fingers around Hollywood’s top prize Sunday, winning best picture at the 95th Academy Awards, along with awards for Michelle Yeoh, Ke Huy Quan and Jamie Lee Curtis.Though worlds away from Oscar bait, Daniel Kwan and Daniel Scheinert’s anarchic ballet of everything bagels, googly-eyed rocks and one messy tax audit emerged as an improbable Academy Awards heavyweight. The indie hit, A24’s second best picture winner following “Moonlight,” won seven Oscars in all. Only two other films in Oscar history — “A Streetcar Named Desire” and “Network” — won three acting Academy Awards.Fifty years after “The Godfather” won at the Oscars, “Everything Everywhere All at Once” triumphed with a much different immigrant experience. Its eccentric tale about a Chinese immigrant family — just the second feature by the Daniels, as the filmmaking duo is known — blended ...

Santa Clara hosts WAC power in opening round of NIT; here’s how to watch

Published Wed, 26 Feb 2025 21:59:32 GMT

The Santa Clara men’s basketball team will host No. 2 seed Sam Houston State in the first round of the 32-team National Invitation Tournament on Wednesday at 6 p.m.The game will be streamed on ESPN+.The winner will play either No. 2 North Texas (26-7) or unseeded Alcorn State (18-13) in the second round on Saturday or Sunday.Santa Clara (23-9), which is making its second straight appearance in the NIT, finished the regular season on a seven-game win streak and entered the West Coast Conference tournament as the No. 3 seed.  The Broncos, though, lost 93-87 in double overtime to San Francisco in the conference quarterfinals, eliminating any chance they had of earning a bid to the NCAA Tournament.“We are incredibly excited to get an opportunity to continue our season in the NIT for the second-straight year,” Broncos coach Herb Sendek said in a statement. “Our players and staff have worked tremendously hard all season long, and I’m so pleased that their hard work...