Friday, March 17th, 2023

Today's headlines: Yesterday, a group of the largest banks in the US provided First Republic Bank with $30 billion dollars in cash to bolster their liquidity and calm the markets. The Biden Administration is demanding that TikTok’s Chinese owner ByteDance sell their stake in TikTok, or else face a possible ban of the app in the US. Fulton County Georgia has been hearing evidence about attempts to overturn the 2020 election results there. The US and Russia had a collision over the Black Sea, when a Russian fighter jet crashed into a US drone, forcing the US to bring it down in international waters. Finally for this week, new research from the Kaiser Family Foundation found that nonprofit hospitals in the US save more in tax exemptions than they provide in charity care. Resources/Articles mentioned this episode: WSJ: Eleven Banks Deposit $30 Billion in First Republic Bank WSJ: U.S. Threatens Ban if TikTok’s Chinese Owners Don’t Sell Stakes AJC: EXCLUSIVE: Behind the scenes of Trump grand jury; jurors hear 3rd leaked Trump call BBC: Everything we know about the US drone that crashed in the Black Sea Axios: Nonprofit hospitals save more in tax exemptions than they provide in charity care: KFF Host: Sami Sage Morning Announcements is produced by Sami Sage alongside Amanda Duberman and Bridget Schwartz Original Music and Editing by Brandon Lee Bjornson Learn more about your ad choices. Visit megaphone.fm/adchoices