NEW YORK (AP) -- JPMorgan Chase & Co. Inc. came to the rescue of Washington Mutual Inc. Thursday, buying the thrift's banking assets after WaMu was seized by the Federal Deposit Insurance Corp. in the largest failure ever of a U.S. bank. This is the second time in six months that JPMorgan Chase has taken over a major financial institution crippled by bad bets in the mortgage market.
Donald Trump’s handpicked board voted on Thursday to rename Washington’s leading performing arts center as the Trump-Kennedy Center, the White House said.
The switch would move marijuana away from its current classification as a Schedule I drug, alongside heroin and LSD.
A business jet with six people aboard crashed Thursday at a regional airport in North Carolina used by NASCAR teams and Fortune 500 companies, erupting in a large fire and killing multiple people, authorities said.
There was no winner in Wednesday’s Powerball drawing. The jackpot has grown to $1.5 billion for Saturday, one of the largest in the game’s history.
President Donald Trump said he was sending a $1,776 bonus check to U.S. troops for Christmas, indicating that tariffs were funding the payments.
Nick Reiner’s arraignment was postponed until Jan. 7 at his attorney’s request. He spoke only to say “yes, your honor” to agree to the date. He is being held without bail.
Nevada and dozens of other states announced a settlement with Hyundai and Kia for the car manufacturers’ sale of vehicles without anti-theft technology, the same day as two men received life sentences for a killing that followed a 2023 car-stealing spree in the northwest Las Vegas Valley.
The departure comes as FBI leadership has been buffeted by criticism over Director Kash Patel’s use of a government plane for personal purposes and social media posts about active investigations.
Las Vegas is distributing free trees, their planting and irrigation systems to certain city residents in an effort to combat the effects of extreme heat.
Federal officials gave the clearest timeline yet for when a breakthrough could come in closed-door negotiations over the water supply of 40 million Americans.
