Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat

Summary of the front page

The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports. 

The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.

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Berlin police search for suspect after vehicle injured 16 at Pride parade

What’s going on?
German police confirmed a suspect is at large following a van-ramming attack during a Pride parade in Berlin, which resulted in one death and 16 injuries. Authorities are actively searching for the individual believed to be involved in the incident. Eyewitness accounts indicate a chaotic scene as the vehicle struck parade attendees.
In contrast, AP News reported, “German police hunt suspect in Berlin Pride van-ramming attack that left 1 dead and 16 injured,” emphasising the law enforcement response. Meanwhile, The New York Times framed it as, “Berlin Police Search for Suspect in Fatal Attack on Pride Parade,” highlighting the incident’s impact and nature. This reflects differing focuses on police action versus the broader implications of the attack.
Coverage analysed: AP News | The New York Times

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