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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

HSBC cuts headcount by 35,000 in deep overhaul

By DANICA KIRKA and ELAINE KURTENBACH | February 18, 2020

LONDON (AP) — Europe's biggest bank, HSBC, will shed some 35,000 jobs as part of an overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to the trade wars to the new coronavirus.The...

Firm loses compensation claim vs. Norway for spy recruitment

February 18, 2020

COPENHAGEN, Denmark (AP) — A Norwegian concrete company on Tuesday lost its compensation case against its home country, claiming it suffered financial losses after Norway's intelligence services tried to recruit two of its employees working in Russia.The...

Lewis Capaldi, Dave among front-runners for UK’s Brit Awards

February 18, 2020

LONDON (AP) — Singer-songwriter Lewis Capaldi and rapper Dave lead the nominations for the U.K. music industry’s Brit Awards, which faced criticism for the lack of female artists nominated for the high-profile prizes.Capaldi, who topped U.K. and U.S....

Greece: Ferries, urban transport halted by strikes, protests

February 18, 2020

ATHENS, Greece (AP) — A 24-hour strike in Greece halted ferries, public transport, and municipal services in Athens and other parts of the country Tuesday as unions mounted protests against pension reforms by the center-right government.Flights, as...

German ex-environment minister seeks to lead Merkel’s party

By GEIR MOULSON | February 18, 2020

BERLIN (AP) — A former German environment minister on Tuesday became the first prominent figure officially to declare his candidacy for the leadership of Chancellor Angela Merkel's center-right party.Norbert Roettgen, the 54-year-old chairman of the...

UK PM Johnson and estranged wife reach financial settlement

February 18, 2020

LONDON (AP) — British Prime Minister Boris Johnson and his estranged wife Marina Wheeler have reached a financial agreement for their divorce, court records showed Tuesday.Lawyers for Johnson and Wheeler attended a brief private hearing at the Central...

Shares take hit as virus outbreak slams profits, events

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the...

China virus outbreak chilling recovery for Asian economies

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe.As many Chinese finally go back...

Nissan shareholders furious at Ghosn scandal, dismal results

By YURI KAGEYAMA | February 18, 2020

TOKYO (AP) — Nissan shareholders vented their outrage at the Japanese automaker's top management Tuesday for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn.They got up, one...

Court reinstates order for Russia to pay $50 bln over Yukos

By MIKE CORDER | February 18, 2020

THE HAGUE, Netherlands (AP) — In a major legal defeat for the Russian government, a Dutch appeals court on Tuesday reinstated an international arbitration panel’s order that it should pay $50 billion compensation to shareholders in former oil company...

Turkey seeks 695 arrests over links to U.S.-based cleric

February 18, 2020

ANKARA, Turkey (AP) — Turkish prosecutors have issued detention warrants against 695 people suspected of links to the U.S.-based Muslim cleric blamed by Turkey for a failed coup attempt in 2016, state media reported Tuesday.The warrants were issued...

Shares fall in Asia as virus outbreak hits profits, events

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — Shares slipped in Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to postpone or cancel major events including the Beijing...