USA

The Fed tells banks to keep third-quarter dividends at second-quarter levels and prohibits them from buying back shares in the third quarter to preserve capital. It also requires banks to reevaluate their long-term capital plans. “All major banks will need to resubmit and update their capital plans later this year …

(Newser) Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended leave as Australia’s largest airline tries to survive the coronavirus pandemic. Qantas announced a plan Thursday to cut costs by billions of dollars and raise new capital, the AP reports. The plan includes landing …

WASHINGTON (Reuters) – President Donald Trump’s administration is considering ending a long-standing system for congressional review of foreign arms sales, congressional aides said Thursday, a plan that would face strong opposition from colleagues Republicans and Democrats. FILE PHOTO – United States President Donald Trump speaks during a joint press conference …

TOPLINE A recently fired Miami Gardens police officer who was shown in a January video clip holding his knee against the neck of a pregnant black woman while tasting her repeatedly in the stomach has been arrested and charged with assault and official misconduct, the Miami-Dade State Attorney announced Thursday. …

In a late-night presentation, Attorney General Noel Francisco said that once the law’s individual coverage mandate and two key provisions are invalidated, “the rest of the ACA should not be allowed to remain in place.” The judges He will hear arguments about the case sometime in the next period, although …