5 things to know for March 16: Bank meltdown, Ukraine, Abortion, Plane safety, TikTok

An enormous blob of seaweed spanning greater than 5,000 miles is headed for the shores of Florida, threatening to dampen vacationer season with an extremely sticky scenario (forgive the pun). The seaweed can be prevalent on seashores in Florida round July, researchers say, after it completes its trajectory via the Caribbean and up into the Gulf of Mexico.

Right here’s what else you could know to Get As much as Velocity and On with Your Day.

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Two banks collapsed over the previous week, sparking fears that banking turmoil is spreading around the globe. Nevertheless, analysts say this isn’t a repeat of the 2008 international monetary disaster and never essentially a time to panic. “People’ cash is protected,” former Treasury Secretary Larry Summers informed CNN. This comes after one other banking scare occurred Wednesday when Switzerland’s second-biggest lender, Credit score Suisse, introduced its largest shareholder had no plans to provide any extra funds. This despatched US shares tumbling Wednesday, however futures are up after the corporate agreed to a $53 billion mortgage from the Swiss central financial institution. Individually, analysts say it might be robust to buy a house proper now, notably if authorities regulators crack down on banks within the wake of their main fluctuations.

The US army launched newly declassified video at the moment displaying the Russian downing of a US drone over the Black Sea on Tuesday. Whereas Russia’s protection ministry denied its plane got here into contact with the drone, the video reveals a Russian fighter jet dumping gas because it intercepts the US drone. Russia mentioned it’ll attempt to retrieve the wreckage of the downed drone and has reportedly despatched its forces to the location of the crash. The US mentioned earlier it was taking measures to make sure the drone received’t fall into the improper arms however admitted it might by no means be recovered. Following the incident, Russia mentioned relations between Moscow and Washington at the moment are at their “lowest level.”

A lawsuit in a federal court docket in Texas might block entry to mifepristone, an abortion drug authorised by the FDA. The lawsuit claims the drug shouldn’t be protected and that the FDA didn’t examine it sufficient to approve it, regardless of a number of research which have proven it to be protected and efficient for greater than 20 years. The lawsuit from anti-abortion docs and medical associations intends to require the FDA to withdraw or droop its approval of the drug, in addition to block the company’s newer regulatory adjustments making the tablets extra accessible. The choose listening to the case, an appointee of former President Donald Trump, didn’t share an specific timeline for when he’ll rule, telling the events Wednesday he would subject an order and opinion “as quickly as attainable.” If he had been to rule towards the FDA, an enchantment is nearly actually assured to observe – and will in the end make its option to the Supreme Court docket.

US Transportation Secretary Pete Buttigieg on Wednesday referred to as on members at an aviation summit to assist discover the “root causes” of the rising variety of security incidents at airports nationwide. “We’re notably involved as a result of we’ve seen an uptick in critical shut calls,” Buttigieg mentioned, referring to a collection of close to collisions on runways throughout the US. The summit comes after the FAA mentioned it was investigating one other near-accident between industrial airliners. The newest shut name was earlier this month at Reagan Nationwide Airport close to Washington, DC – the seventh because the begin of this yr. “We’re not going to attend for one thing nonetheless worse to occur to behave now,” Buttigieg informed CNN, including that the efforts ought to lead to “ensuring we will save lives at airports across the nation.”

The Biden administration has threatened to ban TikTok from the US except the app’s Chinese language homeowners conform to spin off their share of the social media platform. TikTok has declined to debate specifics on the matter, however didn’t dispute latest studies of the divestiture request. “If defending nationwide safety is the target, divestment doesn’t remedy the issue,” TikTok spokesperson Maureen Shanahan mentioned in a press release. The talks with TikTok have stretched on with out decision, prompting criticism of the Biden administration by some US lawmakers who’ve pushed to ban the app via laws. US officers have raised fears that the Chinese language authorities may stress TikTok or its Chinese language father or mother ByteDance into handing over the non-public data of TikTok’s US customers, which could then profit Chinese language intelligence actions or affect campaigns.

The US has a brand new favourite canine breed, and it’s not the Labrador Retriever

Trace: The sort of lovely breed has bat-like ears and a wrinkly nostril.

Pilot makes first-ever airplane touchdown on Dubai’s Burj Al Arab helipad

A stunt pilot efficiently introduced his plane to a cease in simply 68 toes on high of a Dubai skyscraper. See the photographs right here.

Inexperienced Bay Packers quarterback Aaron Rodgers intends to play for the New York Jets

Famed quarterback Aaron Rodgers shared he wish to proceed his NFL profession in New York, particularly with the Jets.

Man indicted on housebreaking expenses for allegedly stealing animals from the Dallas Zoo

The 24-year-old suspect was linked to a case of lacking monkeys and the disappearance of a leopard from its enclosure.

NASA reveals new spacesuit design

These spacesuits, developed for NASA by Axiom House, look fairly totally different than the puffy white outfits you might be envisioning.

Bobby Caldwell, the soulful singer and songwriter behind R&B hits like “What You Gained’t Do For Love” and “Open Your Eyes,” has died after battling well being points for a while, his spouse shared in a press release on Wednesday. He was 71.

$6.5 million

That’s how a lot the US can pay in misplaced wages owed to Mexican migrant employees, in response to a press release this week from the US Division of Labor. The cash owed to 1000’s of overseas farm employees was recovered by the division after it didn’t find the people to be able to ship their checks, Mexican officers mentioned.

“Life is unusual and I’m extremely proud and grateful.”

– Ryan Reynolds, sharing remarks after T-Cellular introduced Wednesday that it’s shopping for the actor’s finances wi-fi firm Mint Cellular in an unlimited $1.35 billion deal. Reynolds’ large payday comes after he bought a minority possession stake within the firm in 2019. He’ll keep on in his “inventive position on behalf of Mint,” the place he serves as a spokesperson, in response to a information launch.

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