The rooms are filled with elderly residents, their hands wrinkled and backs bent. They shuffle slowly down the corridors, some using walkers. Workers help them bathe, eat, walk and take their medication. But this isn’t a nursing home – it’s Japan’s largest women’s prison. The population here reflects the aging society outside, and the pervasive problem of loneliness that guards ...
World leaders have been rushing to get on Donald Trump’s good side since his reelection as US president, arguably none more so than Ukraine. In his annual New Year address, Ukrainian President Volodymyr Zelensky said he had “no doubt that the new American president is willing and capable of achieving peace and ending Putin’s aggression,” in comments that embody his ...
Chinese President Xi Jinping will not attend President-elect Donald Trump’s inauguration, but he is sending Vice President Han Zheng as his special representative. The decision, announced Friday in China by the foreign ministry, came more than a month after Trump extended the unusual invitation to Xi, a break from tradition since no heads of state have previously made an official ...
Donald Trump said he held a “very good” phone call with China’s President Xi Jinping, as the US-president elect prepares to return to the White House next week. “I just spoke to Chairman Xi Jinping of China,” Trump wrote on his social media platform, Truth Social. “It is my expectation that we will solve many problems together, and starting immediately.” ...
Don’t let Israel’s approval of the Gaza ceasefire fool you: There are deep schisms in Israeli politics that could threaten the longevity of the deal. The ceasefire as agreed to in Qatar is set to last 42 days. Over that period, 33 hostages are expected to be freed in exchange for hundreds of Palestinian prisoners, there will be a slow ...
Israel’s government approved a ceasefire and hostage release deal with Hamas, paving the way for the agreement to take effect Sunday and potentially signalling a new chapter in a bloody 15-month conflict that has enflamed the Middle East. The 33-member cabinet deliberated for more than seven hours into early Saturday before green-lighting the agreement, according to a statement from Prime ...
American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive marketing, the company said Thursday. The tally includes more than $138 million as part of a non-prosecution agreement with the U.S. Attorney’s Office in Brooklyn, New York, related to allegations that American Express gave customers “inaccurate tax advice” ...
A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter. The new organization would offer players equity, those people said. The investors aim to raise $5 billion for the league, which could serve as a rival to the NBA if it can offer big-money deals to players, similar ...
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The SEC order found that the change spurred redemptions as Vanguard customers ...
The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition. Walmart is the unnamed retailer, people familiar with the matter told CNBC. The FTC alleges Pepsi violated the Robinson-Patman Act, which bars sellers from giving competing buyers different prices for the same “commodity” or ...