Wells Fargo cuts hundreds of jobs in mortgage business

Reuters
Rescue worker dies in southern Germany floods
A firefighter died while trying to rescue residents trapped by major flooding in southern Germany after heavy rain that was expected to continue throughout Sunday. The man, 42, was in a rescue boat carrying four firefighters that capsized late on Saturday. While municipalities had days to prepare for the flooding, rescue workers still had to evacuate hundreds of people as the water cut off some areas, authorities said.
NBC News
Biden campaign speeds up efforts to get voters to pay attention to the presidential race
With the end of Trump’s criminal trial, the Biden team now sees a new window of opportunity to try and accelerate efforts to draw in disengaged voters.
Politico
South Korea vows ‘unbearable’ retaliation against North Korea over trash balloons
In the past week, North Korea floated hundreds of huge balloons to dump rubbish on South Korea.
AFP
Stormy Daniels says Trump should be jailed after conviction
Stormy Daniels, the adult film actor, broke her silence after former US president Donald Trump's conviction to say he should be jailed, in an interview published in British tabloid The Mirror at the weekend."I think he should be sentenced to jail and some community service working for the less fortunate, or being the volunteer punching bag at a women's shelter," Daniels said in the interview, published late on Saturday.
Associated Press
A firefighter dies and a long-distance train derails amid heavy rains and flooding in Germany
The firefighter's body was recovered after an inflatable watercraft carrying four firefighters capsized as they navigated floodwaters to bring residents to safety in the town of Pfaffenhofen, on the Ilm River in the southern Bavaria region, the dpa news agency reported. The 185 passengers were uninjured.
Associated Press
South Korea vows 'unbearable' retaliation against North Korea over its launch of trash balloons
South Korea said Sunday it’ll soon take “unbearable” retaliatory steps against North Korea over its launch of trash-carrying balloons across the border and other provocations. In the past week, North Korea floated hundreds of huge balloons to dump rubbish on South Korea, simulated nuclear strikes against its neighbor and allegedly jammed GPS navigation signals in the South in an escalation of animosities between the rivals.
Associated Press
South Africa's ANC calls demands for President Ramaphosa to step down for coalition talks a 'no-go'
South Africa's African National Congress party will not consider any demands from possible coalition partners that President Cyril Ramaphosa step down, a top official said Sunday, as the ANC attempted to present a united front after a stinging election result ended its 30-year majority. As South Africa heads for a series of complex talks to form a national coalition government for the first time and establish stability, ANC secretary-general Fikile Mbalula said Ramaphosa would remain as party leader and any demands from others that he resign for talks to go ahead was “a no-go area.”
Associated Press
Energy shutdowns hit Ukraine after Russian attacks target infrastructure
Ukraine imposed emergency power shutdowns in most of the country on Sunday, a day after Russia unleashed large-scale attacks on energy infrastructure and claimed it made gains in the eastern Donetsk province. The shutdowns were in place in all but three regions of Ukraine following Saturday's drone and missile attack on energy targets that injured at least 19 people. Ukraine’s state-owned power grid operator Ukrenergo said the shutdowns affected both industrial and household consumers.
NBC News
What does a city that has spurned cars look like? Olympics visitors to Paris will get a look
Changes designed to encourage people in Paris to take other forms of transportation have contributed to a 40% decline in air pollution, according to city officials.
Reuters
Mexicans vote in election seen crowning first female president
Mexicans will vote in national elections on Sunday with the ruling party candidate, Claudia Sheinbaum, commanding a hefty lead in the polls and expected to become the country's first female president. Sheinbaum's mentor and popular outgoing president, Andres Manuel Lopez Obrador, has loomed over the campaign, seeking to turn the vote into a referendum on his political project that Sheinbaum, a leftist, has vowed to continue. "We already won the campaign, we already won the debates and now we have to win the election to consolidate the continuity of the national project," 61-year-old Sheinbaum, a trained physicist and former Mexico City mayor, said as she wound up her campaign.
CNN
Two Virginia colleges face backlash after backtracking on plans to require diversity courses
Virginia Commonwealth University’s Board of Visitors voted in May to drop the requirement for students to take diversity-themed courses. Some students and faculty are outraged.
USA TODAY
Unprecedented ocean temperatures make this hurricane season especially dangerous
Hot oceans feed hurricanes. And records show the Atlantic has never been hotter, sparking fears of a dangerous hurricane season starting June 1.
USA TODAY
An African American holiday predating Juneteenth was nearly lost to history. It's back.
Beyond Juneteenth, other historic holidays honor Black culture and liberation in American history. Pinkster has its roots in colonial New York.
Associated Press
Unusual mix of possible candidates line up for Chicago's first school board elections this fall
A Grammy-winning rapper, progressive activists and a leader of an afterschool squash program are part of the eclectic mix of possible candidates lining up for Chicago’s first school board elections this fall. Special interest groups are taking notice. “This is not a political race, this is a movement,” said rapper Che “Rhymefest” Smith, who is among dozens of hopefuls who filed fundraising paperwork.
AFP
India's Modi eyes election victory as top opponent readies for jail
A top opponent of Prime Minister Narendra Modi said he would return to jail Sunday as his bail conditions demand after elections that were widely expected to result in another landslide victory for the Hindu-nationalist leader.Results are expected Tuesday but supporters of Modi in his constituency of Varanasi -- the spiritual capital of the Hindu faith -- said they believed their leader's win was secure.
AFP
Sri Lanka monsoon floods kill 14, schools shut
Flash floods, mudslides and falling trees have killed at least 14 people in Sri Lanka as the island nation is battered by monsoon storms, the country's disaster centre said Sunday.Nine other people were crushed and killed when trees fell on them in seven districts since the monsoon intensified on May 21, the DMC said.
Associated Press
With home prices up more than 50%, some states try to contain property taxes
“To pay the higher property taxes, it just means we’ve got to take more money out of our investments when it comes time to hit those big bills,” Beverly McAdam said. It's one of several measures in states this year to limit, cut or offset escalating property taxes in response to complaints. “With assessed values skyrocketing over the past few years,” said Jared Walczak, vice president of state projects at the nonprofit Tax Foundation, “homeowners are clamoring for relief, and state policymakers are increasingly exploring ways to provide it.”
CNN
Zelensky says China’s ‘support to Russia’ will extend war in Ukraine during surprise appearance in Asia
China’s support to Russia will extend the war in Ukraine, President Volodymyr Zelensky said Sunday, as he called on countries across the Asia-Pacific to join an upcoming peace summit he accused Russia of trying to thwart.
AFP
Zelensky says China working hard to 'prevent' countries from attending peace summit
Ukrainian President Volodymyr Zelensky accused China on Sunday of working hard to stop countries from going to a peace summit, which Beijing has publicly criticised because Russia is not invited."China, unfortunately, is working hard today to prevent countries from coming to the peace summit," Zelensky told reporters on the sidelines of the Shangri-La Dialogue, which draws defence officials from around the world.
AFP
Iranian ex-president Ahmadinejad registers new bid for post
Iran's hardline former president Mahmoud Ahmadinejad on Sunday registered his candidacy for a presidential election this month, state media reported. Ahmadinejad was previously disqualified from entering the presidential race in the 2021 and 2017 elections.

Wells Fargo cuts hundreds of jobs in mortgage business - Bloomberg News

Latest Stories

Rescue worker dies in southern Germany floods

Biden campaign speeds up efforts to get voters to pay attention to the presidential race

South Korea vows ‘unbearable’ retaliation against North Korea over trash balloons

Stormy Daniels says Trump should be jailed after conviction

A firefighter dies and a long-distance train derails amid heavy rains and flooding in Germany

South Korea vows 'unbearable' retaliation against North Korea over its launch of trash balloons

South Africa's ANC calls demands for President Ramaphosa to step down for coalition talks a 'no-go'

Energy shutdowns hit Ukraine after Russian attacks target infrastructure

What does a city that has spurned cars look like? Olympics visitors to Paris will get a look

Mexicans vote in election seen crowning first female president

Two Virginia colleges face backlash after backtracking on plans to require diversity courses

Unprecedented ocean temperatures make this hurricane season especially dangerous

An African American holiday predating Juneteenth was nearly lost to history. It's back.

Unusual mix of possible candidates line up for Chicago's first school board elections this fall

India's Modi eyes election victory as top opponent readies for jail

Sri Lanka monsoon floods kill 14, schools shut

With home prices up more than 50%, some states try to contain property taxes

Zelensky says China’s ‘support to Russia’ will extend war in Ukraine during surprise appearance in Asia

Zelensky says China working hard to 'prevent' countries from attending peace summit

Iranian ex-president Ahmadinejad registers new bid for post