Moscow asks for direct flights to resume between Russia and the US
Russian negotiators have asked their American counterparts to consider reopening US airspace to Russian aircraft and to restore direct flights between the two countries, the Russian Ministry of Foreign Affairs said on Friday. The ministry said the request was made during a bilateral meeting in Istanbul, Turkey, on Thursday, where the two countries discussed their diplomatic missions. The Russian statement said the talks focused “on ways to overcome numerous ‘irritants’ inherited from previous American administrations.”
Nippon to continue its fight to buy US Steel, despite what Trump believes
Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an “investment” and his pledge not to allow it to buy a controlling stake. Trump declared after a meeting with Japanese Prime Minister Shigeru Ishiba earlier this month that Nippon was no longer interested in purchasing US Steel and was only interested in making an investment in the company.
Citigroup mistakenly credited a customer account with $81 trillion
Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues it has sought to fix, the Financial Times first reported on Friday. The error, which occurred last April, was missed by a payments employee and a second official assigned to check the transaction before it was cleared to be processed the next day, FT said, citing an internal account and two people familiar with the event.
Mardi Gras festivities threatened Tuesday as strong winds, severe weather eye South
A powerful storm system that is expected to sweep across the southern Plains and Southeast will head toward the Gulf Coast, raising concerns about its impact on Mardi Gras celebrations. Mardi Gras is a celebration held in and around New Orleans that concludes before Lent begins on Ash Wednesday. While some parades during the month-long celebration have already been impacted by wet weather, attention is now focused on Fat Tuesday’s events, which kick off around 8 a.m. local time. As long as the storm system's timing doesn’t change, parades on Tuesday are expected to proceed without any major disruptions, according to event organizers.
Tesla recalls 376K vehicles for loss of power steering assist
Tesla has recalled certain 2023 Model 3 and Model Y vehicles for an overstress condition in the printed circuit board controlling the vehicle’s power steering, which may lead to a sudden loss of electronic assist after coming to a stop, according to the National Highway Traffic Safety Administration. The recall potentially includes up to 376,241 Tesla vehicles equipped with older software versions prior to 2023.38.4. Tesla is rolling out an over-the-air software update to correct the issue on vehicles still equipped with an older version. Owner notification letters are expected to be mailed March 25.
Workers lacking motivation? Monitoring and incentives aren’t the answer, researchers say
Leaders want employees to be self-motivated and engaged, but too often manage with monitoring and incentives, according to research published Feb. 18 in the MIT Sloan Management Review. Instead, managers are likely to see better results with clear strategic direction and meaningful feedback. Managers also should aim to provide workers a sense of connection to their work and colleagues and space to work in a way that suits them, researchers said. Such performance management isn’t easy, they said, but when managers provide clarity and autonomy, they’ll see gains in ethical behavior, innovation and long-term commitment.
Measles cases continue to spread in multiple states following child’s death
New measles cases have been reported since the first death in West Texas amid the ongoing outbreak. The pediatric patient, who lived in Gaines County, died in Lubbock, Texas, on Tuesday, per a statement from health officials. The child was reported to be "school-aged" and unvaccinated, according to the Texas Department of State Health Services (DSHS). Identity and gender were not disclosed. Most of the cases are in children and a total of 18 people have been hospitalized, the DSHS reported in a press release. Cases of measles have also been reported in other states.
76ers shut down Joel Embiid for rest of NBA season due to nagging knee injury
Joel Embiid's stellar 2022-23 season, which culminated with the Philadelphia 76ers center receiving NBA MVP honors, seems like a distant memory. The seven-footer's pro basketball career has been hampered by injuries, with knee issues contributing to his latest setback. On Friday, the Sixers announced that the seven-time NBA All-Star would be forced to watch games from the sidelines for the rest of the season due to a left knee injury.
Top MLB prospect Samuel Basallo launches ball over scoreboard in Spring Training
The Samuel Basallo hype train made a stop at Ed Smith Stadium on Thursday. Basallo, the No. 1-ranked catching prospect in Major League Baseball and the No. 13-ranked prospect overall, blasted a home run over the center field scoreboard that landed in the outfield of one of the back fields during the Baltimore Orioles' Spring Training game against the Toronto Blue Jays. Basallo called the home run one of the "top three" longest hits of his career, according to The Baltimore Sun, with the ball having traveled just under 500 feet.
Top MLB prospect Samuel Basallo launches ball over scoreboard in Spring Training
The Samuel Basallo hype train made a stop at Ed Smith Stadium on Thursday. Basallo, the No. 1-ranked catching prospect in Major League Baseball and the No. 13-ranked prospect overall, blasted a home run over the center field scoreboard that landed in the outfield of one of the back fields during the Baltimore Orioles' Spring Training game against the Toronto Blue Jays.
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