Drone Footage, $30 Billion in Help, and Amazon Sued

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Keeping up with America

  • American Airlines (AAL.O), which gave up rights to two airport slots to Delta Air Lines' (DAL.N) in 2013, lost a court appeal to have the European Union cancel them for lack of use.

  • The nation's top soldier, Sgt. Major Michael Grinston, came to Dunbar High School in Washington, D.C., armed with a new twist on an old recruiting slogan. With the Army falling short of its recruitment goals last year, the Pentagon is going back to a familiar slogan in its new recruiting efforts: "Be All You Can Be."

  • Credit Suisse Group AG's (CSGN.S) average liquidity coverage ratio, a measure of how much cash-like assets the bank has, did not change between March 8 and March 14, the Swiss lender said, despite the global banking crisis.

  • A group of 11 of the largest U.S. banks said they are sending a combined $30 billion to shore up First Republic Bank, a rare move by financial industry rivals to strengthen a regional lender buffeted by the sudden collapse of Silicon Valley Bank.

  • FedEx Corp (FDX.N) raised its fiscal 2023 profit forecast despite weak market conditions, citing progress on its plan to shave $3.7 billion in costs from its global delivery business, sending its shares up more than 11%.

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Daily World News

  • The US military has released footage of a Russian jet crashing into one of its drones over the Black Sea. The US said the damage to the large drone meant it had to be brought down into the water near Crimea on Tuesday. Russia denied its Su-27 fighter jet clipped the propeller of the drone, but the video appears to back up the American version of events.

  • Poland said it would send four MiG-29 jet fighters to Ukraine in coming days, making it the first Western nation to supply warplanes to Kyiv, which is preparing a counteroffensive against Russia’s invading forces.

  • Who Blew Up Nord Stream? Investigators Focus on Six Mysterious Passengers on a Yacht A boat rented in Germany sailed close to the spots in the Baltic Sea where explosions sabotaged the gas pipeline from Russia. (More)

Take control of your consistent emotions and begin to consciously and deliberately reshape your daily experience of life.

Tony Robbins

Business & Tech

  • “Don’t treat AI as a goldrush,” FinovateEurope panelist warns (More)

  • Amazon sued for not telling New York store customers about facial recognition (More)

  • EU moves on clean technology: Subsidies up, free market down (More)

Wealthy Wise

  • Stocks soar after First Republic gets $30 billion injection (More) | Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride. (More)

  • UK will not enter a recession this year | Karen Gilchrist, CNBC. U.K. Finance Minister Jeremy Hunt said that the economy would no longer enter a technical recession in 2023, based on new forecasts from the independent Office for Budget Responsibility.

  • Stop Blaming Crypto for Traditional Finance Failures (More)

Sports and Entertainment

  • Michael Jordan in talks to sell majority stake in Hornets, sources say (More) | Eagles reach $42M extension with star CB Darius Slay (More)

  • AI-“Assisted” Works Are Now Open to Copyright Protection, Raising Questions for Hollywood (More) | Sarah Michelle Gellar Talks ‘Wolf Pack’ Twists, Deeper Messages and Season 2 Hopes (More)

  • Bret Michaels is 'still fast, still fun,' but needs 'a little more maintenance' (More) | Book bans are on the rise. What are the most banned books and why? (More)

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