Mar 16, 2018

U.K. police open murder inquiry into death of exiled Russian

Police forensics officers erect a tarpaulin sheet over the rear of the home of Russian exile Nikolai Glushkov. Photo by Chris J Ratcliffe/Getty Images

British police have opened a murder investigation into the death of exiled Russian businessman Nikolai Glushkov, reports the BBC.

The backdrop: Two days after Theresa May laid out consequences for the attempted murder of one Russian defector, ex-spy Sergei Skripal, British police are treating another suspicious death as murder. Glushkov, whose cause of death was "compression to the neck," according to police, was a close friend of the late oligarch and well-known Putin foe Boris Berezovsky.

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Courtenay Brown

Fed temporarily lifts Wells Fargo's growth restrictions

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The Federal Reserve said Wednesday it will temporarily lift Wells Fargo’s growth restrictions, which were put in place following the bank’s customer abuse scandals.

Why it matters: The Fed’s only reason for lifting the cap is so Wells Fargo can dole out more loans to struggling small businesses as part of the government’s coronavirus aid package. Earlier this week, the bank said it could only lend a total of $10 billion, thanks to Fed restrictions that it can’t grow its assets beyond $1.95 trillion.

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Coronavirus dashboard

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Global: Total confirmed cases as of 12 p.m. ET: 1,450,343 — Total deaths: 83,568 — Total recoveries: 308,617 — Map.
U.S.: Total confirmed cases as of 12 p.m. ET: 399,979 — Total deaths: 12,912 — Total recoveries: 22,539 — Map.
Business updates: Roughly one-third of U.S. apartment renters didn't make April payments.
Federal government latest: The U.S. has begun to see "glimmers of hope" despite its highest recorded number of deaths in 24 hours, Anthony Fauci said.
Public health latest: Surgeon General Jerome Adams highlighted the disproportionate impact the illness is having on African-American communities.
World latest: Indians look to Taiwan amid China's coronavirus missteps
🚌 Public transit: Systems across the country are experiencing ridership collapse, squeezed funding streams and slow recovery from the pandemic.
What should I do? Pets, moving and personal health — Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk.
Other resources: CDC on how to avoid the virus, what to do if you get it.

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Bernie Sanders suspends presidential campaign

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Sen. Bernie Sanders announced Wednesday that he is suspending his presidential campaign.

The big picture: It's an end to the campaign of the leading progressive in the race — and the candidate who seemed to be the clear front-runner for the Democratic nomination just a few months ago. It also makes Biden the presumptive Democratic nominee four months before the party's convention in Milwaukee.

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