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Citigroup to spin off Banamex, its longtime Mexican banking business

Published Wed, 25 Dec 2024 06:07:23 GMT

NEW YORK (AP) — Citigroup plans to spin off its Banamex banking franchise, the company said Wednesday, a deal that would bring an end to Citi’s two-decade push into Latin America.Citi had announced last year that it planned to explore options for the Banamex business, which included a possible sale of the company to a rival bank or a major investor. Under CEO Jane Fraser, Citi has been looking to simplify its business and pull out of 14 international markets where the bank does not have scale or significant operations. But Banamex, or Banco Nacional de Mexico, is not a small part of Citi’s business. Since buying the company in 2001, Citi has grown Banamex to Mexico’s fourth-largest banking company, with 1,300 branches and 13 million customers. Banamex employs roughly 38,000 workers in the country. Since announcing its plans for Banamex last year, any deal has come with significant political complications. Mexican politicians had pushed for job guarantees and there ...

1 person seriously injured, 2 animals killed in house fire

Published Wed, 25 Dec 2024 06:07:23 GMT

LAKEWOOD, Colo. (KDVR) — An early morning fire at a Lakewood home left one dog and one cat dead, and one adult was taken to the hospital with serious injuries.West Metro Fire Rescue responded to a fire at a family home just after 6:30 a.m. Wednesday. Firefighters were in the 9900 block of West Wesley Avenue in the Carmody neighborhood northeast of Bear Creek Lake Park. Neighbors from across the street alerted 911 after they saw smoke coming from the home. Which areas are under a marginal risk for severe storms? According to WMFR, four people were being treated for possible injuries from the blaze. One adult was later transported to the hospital with serious injuries. West Metro Fire Rescue responded to a house fire in Lakewood that killed one dog and one cat. (West Metro Fire Rescue) West Metro Fire Rescue responded to a house fire in Lakewood that killed one dog and one cat. (West Metro Fire Rescue) West Metro Fire Rescue responded to a house fire in Lakewood that killed one dog ...

Boulder company suing Twitter for alleged unpaid dues

Published Wed, 25 Dec 2024 06:07:23 GMT

DENVER (KDVR) -- A cleaning company based in Boulder is suing Twitter, claiming that the company owes them thousands in unpaid dues.Avalanche Commercial Cleaning filed a complaint in Boulder County District Court on May 18 accusing Twitter of not paying their dues for services from October through December 2022. What is Twitter Spaces? DeSantis expected to use platform to announce presidential run According to the complaint, Twitter allegedly owes a sum of $93,504.13 in unpaid invoices from Avalanche Commercial Cleaning for services provided at the Wencel Building, located at 1301 Walnut St. in Boulder. The cleaning company claimed that they had provided services to Twitter since August 2015 until Twitter terminated its contract with them on Dec. 19, 2022, and no cleaning services were provided after that day. Majority of US Twitter users took a break from the platform in past year: poll FOX31 has reached out to Twitter for comment but has not yet received a response.

Bodycam video shows Georgia deputies arresting 3 armed robbers as boy exits getaway car

Published Wed, 25 Dec 2024 06:07:23 GMT

GRIFFIN. Ga. (WSVN) — Bodycam video was released after three men were arrested in connection to an armed robbery in Georgia. Deputies said they not only found the stolen $365,000, but they were also shocked to see a 4-year-old boy walk out of the getaway vehicle.On May 15, Spalding County deputies responded to a call about suspects who held up the driver of an armored car at a Ross store in Griffin, Georgia. A former officer who witnessed the whole thing followed their car and called 911.Deputies were able to catch up to the suspect’s car and that was the moment bodycam video captured each suspect as they were told to walk backward toward the deputies with their hands up.”Alright walk backward to the side of my voice,” said one officer on bodycam footage. “Keep coming — keep coming.”As one of the men was being arrested, a child ran from the car to one of the deputies.Authorities said the young boy was turned over to child services and l...

Man recalls encounter after striking bear while bicycling on Canadian trail

Published Wed, 25 Dec 2024 06:07:23 GMT

NORTH VANCOUVER (WSVN) — Cyclist Kevin Milner struck a black bear while on his regular bike ride through a North Vancouver trail and although he attempted to move out of the animal’s way, the grisly creature had other plans.“He decides to run from the left side directly across the road in front of my path and I hit him right behind the shoulder blades,” said Milner. He was cycling upwards of 25 miles an hour before slamming into the bear.“I just remember the big shock of impact and I guess I was flying through the air,” he continued.The 30-year-old said when he hit the ground, the whole left side of his body went completely numb.“I was in pretty excruciating pain and I couldn’t get myself up,” said Milner. “I was obviously panicking at that point.” Other cyclists tried to call 911 but they couldn’t get cell reception so some left to get help. Moments later, the bear doubled back to the scene while Milner was sti...

Night train from Brussels to Berlin is ready to go. Next stop, Barcelona

Published Wed, 25 Dec 2024 06:07:23 GMT

BERLIN — Startup railway company European Sleeper launches the first direct sleeper train between Berlin and Brussels in more than a decade on Thursday, but it’s already seeking investment to put on a second scheduled service, running to Spain.“We’re making good progress” on the financing side for extra carriages, said European Sleeper’s co-founder Chris Engelsman. “This is one of the areas where the European Commission can help.” Engelsman is hoping to capitalize on a surge in interest in rail as a green alternative to cheap flights with the launch of the Brussels-Berlin service on Thursday evening, which will run via Amsterdam, Rotterdam and Antwerp. The service will run three times a week in each direction, departing Brussels on Monday, Wednesday and Friday at 7:22 p.m. and arriving in Berlin the next morning at 6:48 a.m.In the opposite direction, the European Sleeper service will depart from Berlin on Sunday, Tuesday and Thursday at 10:5...

Next NATO chief? Danish leader’s DC invite prompts speculation

Published Wed, 25 Dec 2024 06:07:23 GMT

Danish Prime Minister Mette Frederiksen has emerged as a serious contender to lead NATO in the wake of an invitation to visit the White House.  Washington announced that President Joe Biden will host Frederiksen next month, fueling chatter at NATO headquarters about whether the U.S. will back the Danish leader for the NATO role, which is traditionally reserved for a European but requires Washington’s blessing. The current secretary-general, Jens Stoltenberg, is slated to leave his post at the end of September following multiple extensions — though it is possible that he will stay on for a few more months if the alliance’s leaders cannot agree on a replacement. The Danish leader checks off several boxes. Allies are looking for a politician with the stature of a head of government, and given that all previous NATO chiefs have been men, there is strong pressure to find a female candidate. At the same time, Denmark is seen as a middle-ground country within the ...

Uber Files : l’audition d’Alexis Kohler divise la commission d’enquête

Published Wed, 25 Dec 2024 06:07:23 GMT

Alexis Kohler sera-t-il auditionné par la commission d’enquête sur les Uber Files ? Le nom du secrétaire général de l’Elysée a été mis dans la balance par la rapporteure Danielle Simonnet (LFI), a appris POLITICO auprès d’un collaborateur parlementaire et de plusieurs députés.Le président Benjamin Haddad (Renaissance) a toutefois opposé son veto à l’élue insoumise sur une telle audition, ainsi que sur celles de plusieurs personnalités du premier cercle d’Emmanuel Macron lorsqu’il était ministre de l’Economie. Il revient donc au bureau de la commission de voter pour ou contre leur convocation.Réuni demain à 13 heures, le bureau devra ainsi examiner, outre le cas d’Alexis Kohler (directeur de cabinet d’Emmanuel Macron entre 2014 et 2016), les noms d’Emmanuel Lacresse, ex-directeur adjoint du cabinet d’Emmanuel Macron et désormais député Renaissance, de Philippe Vigier, député Modem qui a porté des amendements proposés par Ube...

No surprises here: These are the top US consumer complaints, from cars to credit cards

Published Wed, 25 Dec 2024 06:07:23 GMT

New York (CNN) — When you’re using your hard-earned money to pay for goods and services, chances are you’re not in the mood for aggravation, nor in favor of a bait-and-switch routine.And yet … US consumers encountered plenty of both last year.The Consumer Federation of America on Wednesday put out its annual list of top complaints filed with city, county and state consumer agencies across the United States. All in, they handled nearly 600,000 complaints in 2022 and recovered more than $740 million for consumers through mediations, court enforcement actions and other means, the CFA said.While these are the agencies where anyone can file a complaint, they can be especially helpful for people who don’t have the time or the means to resolve or litigate a dispute with a business on their own.The top complaint in 2022 was …The No. 1 consumer complaint in 2022 pertained to the sales and repairs of new and used autos. That category has held the top spot for seven years running, the CFA...

Can a daily multivitamin slow cognitive aging? Maybe

Published Wed, 25 Dec 2024 06:07:23 GMT

(CNN) — Older adults who took a multivitamin each day for three years found a mild improvement in their memory after one year compared with people taking a placebo, or sugar pill, a new study found.At the start of the study, 3,560 adults older than age 60 were asked to learn 20 words on a computer program. The study participants had three seconds to study each word before the next appeared. Immediately after, participants were asked to type all the words they could remember.Retested at the end of the first year, the study found people who continued to take a daily multivitamin were able to remember, on average, nearly one extra word compared with those who took a placebo. While the effect was small, it was statistically significant, according to the study published Wednesday in The American Journal of Clinical Nutrition.The improvement in memory remained for the duration of the study and was stronger for people with a history of cardiovascular disease, said ...