US Army grounds air units for training after deadly helicopter crashes

Army air units in the US have been grounded for training after deadly helicopter crashes in Alaska and Kentucky killed 12 soldiers in the past month. Operations have been suspended with immediate effect until personnel undergo instruction. For active-duty units, the training will take place in the coming week, while national guard and reserve troops […]

First Republic: JP Morgan to take over assets after lender becomes fourth to fail in two months

JP Morgan has agreed a deal with regulators to acquire the “substantial majority” of First Republic’s assets, including $173 billion (£138bn) of loans. The California Department of Financial Protection and Innovation announced early on Monday it had taken possession of First Republic and the Federal Deposit Insurance Corporation (FDIC) would act as its receiver. The […]

Three soldiers dead and one injured as two US army helicopters crash in Alaska

Two of the soldiers died at the scene, with the third dying while on the way to hospital. A fourth soldier is being treated in hospital for injuries following the crash on Thursday, which involved two AH-64 Apache helicopters returning from a training flight in the Healy region of the northwestern state. The soldiers’ identities […]

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