A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender’s executives for allegedly hiding risks that led to its stunning downfall, legal experts said.
A fire at a fuel storage facility in the Crimean port city of Sevastopol, caused by an apparent drone strike, has been extinguished, the Moscow-installed governor there said on Saturday.
Potential presidential candidate and South Carolina Republican Sen. Tim Scott is pushing to move billions of dollars away from the Internal Revenue Service and toward bolstering U.S. efforts to stifle the flow of people and illicit items into the nation from the south.
The U.S. confiscated Iranian oil on a tanker at sea in recent days in a sanctions enforcement operation, three sources said, and days later Iran seized another oil-laden tanker in retaliation, according to a maritime security firm.
