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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Couple arrested after scaling Empire State Building for marriage proposal

What’s happening?
Police have arrested two climbers at the Empire State Building after they scaled its antenna and appeared to get engaged at the top. The climbers were taken into custody without incident and are facing charges related to their actions.

In comparing headlines, CBS News states, “2 Empire State Building climbers in custody after apparently getting engaged at the top,” focusing on the arrest and the climbers’ actions. In contrast, the Anchorage Daily News emphasizes, “2 arrested after scaling Empire State Building’s antenna for apparent marriage proposal,” framing the event as a specific action of climbing that culminated in a proposal. This highlights the process involved rather than solely the outcome of the arrest.
Coverage analyzed: CBS News | Anchorage Daily News | The New York Times | ABC7 New York

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