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Evergrande Group announces long-awaited debt restructuring deal after 2021 collapse

By Laura He, CNN China’s Evergrande Group, whose collapse in 2021 sparked China’s worst property market crisis on record, has unveiled a multi-billion dollar restructuring plan to make peace with its international creditors. The long-awaited plan could set an important precedence for investors dealing with the growing defaults and restructuring in China’s real estate industry.

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Plane crash that killed Christian diet guru and ‘Tarzan’ actor was caused by pilot’s ‘spatial disorientation,’ NTSB report says

By Jamiel Lynch and Tina Burnside, CNN The Tennessee plane crash that killed a Christian diet guru and six others in 2021 was caused by the pilot losing airplane control during a climb “due to spatial disorientation,” according to a National Transportation Safety Board report filed Wednesday. Dietician Gwen Shamblin Lara, her husband, actor William

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Netanyahu seeks to soothe US concerns over settlement repeal

By LAURIE KELLMAN Associated Press JERUSALEM (AP) — Israel’s prime minister says his government has ”no intention” to return to four settlements in the occupied West Bank dismantled in 2005 under a law that was repealed by the Israeli parliament this week. Benjamin Netanyahu’s statement on Wednesday comes after the Biden administration summoned Israel’s ambassador

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Supreme Court humors itself as it considers whether Jack Daniel’s can stop a dog toy company from parodying its brand

By Devan Cole, CNN The Supreme Court on Wednesday delved into the complexities of federal trademark law in a case concerning a poop-themed dog toy that resembles a Jack Daniel’s bottle, at times erupting into laughter as the justices explored how much protection should be given to parodists that rip off trademarks they don’t own.

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