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An iPhone that fell 5,000 meters down the hole of the Alaska Airlines Boeing survives and continues to work

An iPhone that fell 5,000 meters down the hole of the Alaska Airlines Boeing survives and continues to work. A netizen took to Twitter on Sunday that he found an iPhone on the shoulder of a highway near Portland, Oregon, where an email from the airline could be seen on the screen. "Still in airplane mode, with the battery half full," wrote Seanathan Bates in X. The accident led to the grounding of some aircraft pending an inspection imposed by civil aviation authorities and led to a fall in Boeing shares on Monday. ....

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Russian Central Bank head says country should prepare for increased sanction pressure

The head of Russia's Central Bank Elvira Nabiullina said Russia should prepare for the increasing pressure from sanctions in an interview with the Russian media outlet RBC. ....

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US bank regulators to be grilled by Congress on capital hike plan

The Federal Reserve's top Wall Street cop Michael Barr and other bank regulators will defend plans to hike U.S. bank capital requirements when they appear before Congress this week as they come under increasing pressure from many lawmakers to rein in their efforts. Barr, the Federal Deposit Insurance Corporation's Martin Gruenberg and acting Comptroller of the Currency Mike Hsu will appear before the Senate Banking Committee on Tuesday at 10 a.m. ET (1500 GMT) and the House of Representatives Financial Services Committee on Wednesday at 9:30 a.m. ET (1430 GMT). ....

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