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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Graham Platner Wins Maine Senate Primary After Challenging Campaign

What’s happening?
Maine Senate candidate Graham Platner has secured a position in the primary race, following a turbulent campaign marked by challenges and controversies. His performance in this election is being closely monitored as it could impact the Democratic Party’s standings in upcoming races.

Coverage analyzed: The Washington Post | CNN | BBC | The New York Times
Two headlines illustrate different focuses: “Maine Senate primary tests Platner’s strength after stumbles” from The Washington Post and “Platner Wins Maine Senate Primary After a Turbulent Stretch of His Bid” from The New York Times. The Washington Post emphasizes the assessment of Platner’s capabilities within the context of his campaign difficulties, suggesting a key focus on his resilience. In contrast, The New York Times conveys a definitive outcome, framing the headline around Platner’s victory while acknowledging the adversities faced, which may shift focus towards his prospects moving forward.

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EU targets Patriarch Kirill for sanctions after Hungary’s earlier veto

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