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US allies in Europe vow to stand by Iran nuclear deal

(CNN)The leaders of Britain, Germany and France have declared their backing for the Iran nuclear deal renounced by President Donald Trump, saying it is "in our shared national security interest.""The nuclear deal was the culmination of 13 years of diplomacy and was a major step toward ensuring that Iran's

Pup-lover Putin gifted new dog for birthday

Moscow (CNN)Russian President Vladimir Putin, a dog lover, was presented Wednesday with a puppy as a belated birthday gift from the leader of Turkmenistan. "As far as bad moods go," Putin said once, "of course I have them like any other person, but in those cases I try to consult

Nobel Peace Prize awarded to anti-nuclear weapons campaigners

(CNN)The 2017 Nobel Peace Prize was awarded Friday to the International Campaign to Abolish Nuclear Weapons. "Nuclear weapons pose a constant threat to humanity and all life on earth. Through binding international agreements, the international community has previously adopted prohibitions against land mines, cluster munitions and biological and chemical

Conservatives accuse the Pope of spreading heresy

Rome (CNN)Several dozen conservative Catholic scholars and clergy have charged Pope Francis with spreading heresy, a bold but perhaps futile salvo against Francis and his reform-minded papacy.The letter's organizers call their challenge a "filial correction" of the Pope by his "spiritual sons and daughters." "Church law itself requires that

Dominica knocked to its knees by Hurricane Maria’s might

Over Dominica, in the Caribbean (CNN)Hurricane Maria's first victim was Dominica, and it was clear from a flight Wednesday over the island nation that the storm showed absolutely no mercy.This Caribbean island of 73,000 residents is -- or was -- a place of lush greenery, punctuated by waterfalls and rain

Insurers Join Hospitals, Doctors Opposing New Obamacare Repeal

Insurance-industry groups said Wednesday that they oppose a Republican proposal to repeal and replace the Affordable Care Act, joining health-care providers in asking Senators to reject the bill.America’s Health Insurance Plans and the Blue Cross Blue Shield Association said they oppose the plan, backed by Republican Senators Lindsey Graham, Bill

Yellen Says Fed Is Monitoring Banks for Harm From Equifax Breach

The Equifax Inc. data breach, Chair Janet Yellen said Wednesday.Consumers should monitor their credit reports and personal finances in response to Equifax’s disclosure that personal information on 143 million Americans may have been compromised, Yellen said at a news conference in Washington. The Fed is working to ensure banks take appropriate

Boston’s Fate Lies With a Zombie Hurricane

Hurricane Maria continued its thunderous roll northward as forecasters struggled to pin down a trajectory. Whether the storm makes landfall again could be determined by a zombie.That’s what former Hurricane Jose will soon be in the meteorological vernacular, a once-dangerous tropical system that has fallen apart and been robbed of

How Toys R Us Collapsed So Quickly

After sustaining a crushing load of debt for more than a decade following its 2005 buyout, It’s not as if creditors weren’t well aware of troubles at Toys ‘‘R’’ Us. The Wayne, New Jersey-based company has operated for more than a decade with a debt load that totals $5 billion

Its Not Just Toys R Us. More Credit Weak Spots Are Emerging

Beneath the tranquil surface of U.S. credit markets, bearish winds are blowing. Issuer and sector-specific risks are increasing while the pile of debt trading at distressed levels is rising -- evidence the post-crisis debt bull-run is peaking.That’s the alarm sounded by Wall Street premiums aren’t compensating investors for the risks.One

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