Klarna CEO Siemiatkowski says buy now, pay later is used by shoppers who otherwise avoid credit

Published Tue, 19 Nov 2024 10:30:10 GMT

Klarna CEO Siemiatkowski says buy now, pay later is used by shoppers who otherwise avoid credit NEW YORK (AP) — Sebastian Siemiatkowski is a co-founder and CEO of Klarna, the Sweden-based company that’s one of the world’s biggest providers of buy now, pay later services to customers. Klarna started off in Europe and entered the U.S. market in 2015.Buy now, pay later has become an increasingly popular option for consumers for purchases: its usage is up 10-fold since the pandemic and U.S. regulators see it as potentially a more sustainable way for borrowers to pay for purchases instead of using credit cards.Siemiatkowski spoke to the AP about how popular buy now, pay later has gotten since the pandemic, why consumers are choosing it and how the company is using artificial intelligence software in how it hires. This interview has been edited for length and clarity.Q: You operated in Europe for several years before coming to the U.S. What made you come here?A: As we were considering coming to the US, we identified that there was a fairly large group of U.S. consumers that they cal...

Kishida says Japan is ready to lead Asia in achieving decarbonization and energy security

Published Tue, 19 Nov 2024 10:30:10 GMT

Kishida says Japan is ready to lead Asia in achieving decarbonization and energy security TOKYO (AP) — Japan’s Prime Minister Fumio Kishida pledged to lead efforts to simultaneously achieve decarbonization, economic growth and energy security in Asia, an ambitious goal he set Monday at a regional climate summit attended by Southeast Asian leaders. Kishida told the summit of the Asia Zero Emission Community, or AZEC, that the initiative will create “a new, huge decarbonization market in Asia that will attract global capital.” Decarbonization in Asia will require 4,000 trillion yen ($28 trillion), Kishida said, and promised to establish a new organization to support AZEC countries in their effort to implement policies needed to achieve carbon neutrality. Leaders of nine member countries of the Association of Southeast Asian Nations except Myanmar, in addition to Australia, expressed commitment to cooperate toward achieving carbon neutrality. The summit was held one day after Japan hosted a special summit Sunday commemorating 50 years of ties with ASEAN. As part...

Amid accusations, French actor Gerard Depardieu’s figure is removed from a Paris wax museum

Published Tue, 19 Nov 2024 10:30:10 GMT

Amid accusations, French actor Gerard Depardieu’s figure is removed from a Paris wax museum PARIS (AP) — The wax figure of actor Gerard Depardieu has been removed from Paris’ most famous wax museum, following negative reactions from visitors over allegations about his conduct with women, the museum said Monday. The decision to remove the figure from the Grevin Museum, the so-called “Pantheon of wax celebrities,” followed a recent report on the actor on French television that has dented his reputation in France and around the world. The France 2 documentary showed him repeatedly making obscene remarks and gestures during a 2018 trip to North Korea. Depardieu has also been under investigation for rape since 2020. He denies all charges.Depardieu, 74, has starred in hundreds of movies over more than half a century, including French classics like “The Last Metro,” “Jean de Florette” and “Cyrano de Bergerac,” and English-language movies including “Green Card” and “Life of Pi.”This waxwork’s disappearance coincides with France’s culture minister announcing a dis...

5-year-old child living at migrant shelter in Pilsen dies: Mayor's office

Published Tue, 19 Nov 2024 10:30:10 GMT

5-year-old child living at migrant shelter in Pilsen dies: Mayor's office CHICAGO -- A five-year-old child living at a temporary migrant shelter in Pilsen has died after falling ill, the mayor's office said.According to a statement released by the mayor's office, the child was identified as 5-year-old Carlos Martinez who was living in the temporary shelter located in the 2200 block of South Halsted Street. COPA investigating shooting involving off-duty officer Reports said the child was suffering from a medical emergency and transported to Comer Children's Hospital where he passed away shortly after. The mayor's office said officials are providing support to the family and are still gathering information on the incident. WGN is actively following the incident and will update as more information is recovered.

Sandra Day O'Connor's casket arrives at Supreme Court

Published Tue, 19 Nov 2024 10:30:10 GMT

Sandra Day O'Connor's casket arrives at Supreme Court The late Justice Sandra Day O’Connor’s casket arrived at the Supreme Court on Monday, kicking off two days of remembrance events in the nation’s capital.O’Connor, the first woman to serve on the Supreme Court, will lie in repose throughout the day following a private ceremony.Eight Supreme Court Police officers carried O’Connor’s casket up the stairway and into the building. Dozens of what appeared to be O’Connor’s former clerks lined the pathway.O’Connor’s funeral service will be Tuesday at the Washington National Cathedral. President Biden is expected to deliver remarks, according to his White House schedule.Nominated by former President Reagan in 1981, O’Connor emerged as a key swing vote on the court, guiding some of the court’s biggest cases on issues like abortion and affirmative action.She retired from the court in 2006 to spend more time with her husband, who had Alzheimer’s disease. On Dec. 1, ​​O’Connor died from what the court described as complications from what was “pro...

ICYMI: 12/18 What happened last week?

Published Tue, 19 Nov 2024 10:30:10 GMT

ICYMI: 12/18 What happened last week? Here’s a recap of the top stories you may have missed over the weekend and last week:Lawmakers call for gun safety measuresToday marks 11 years since the massacre at Sandy Hook elementary school and some lawmakers are again calling for more gun safety measures...(more)Deadly fighting continues in GazaThe U.S. is pushing for changes in Israel’s offensive against Hamas as its military forces continued airstrikes and tank shelling...(more)Car slams into POTUS motorcade vehicleConfusion as President Biden was interrupted while chatting with a reporter by a car slamming into the presidential motorcade...(more)Zelensky visits White House to make last-ditch pleaUkrainian President Volodymyr Zelensky visited the White House on Tuesday afternoon to make a last-ditch plea for additional aid for his country...(more)

Car slams into POTUS motorcade vehicle

Published Tue, 19 Nov 2024 10:30:10 GMT

Car slams into POTUS motorcade vehicle WASHINGTON (NEXSTAR) – Confusion as President Biden was interrupted while chatting with a reporter by a car slamming into the presidential motorcade.“Why are you losing to Trump in the polls?” a reporter asked. Biden coyly responded, “You’ve got the wrong polls.”A loud bang cut the scene short, as Biden was then ushered into his car and reporters dispersed.Security and police instantly swarmed a silver car that had caused the disturbance with weapons drawn and found a driver who looked surprised and stunned. A motive has yet to be reported.

Senators try to hammer out border deal

Published Tue, 19 Nov 2024 10:30:10 GMT

Senators try to hammer out border deal WASHINGTON (NEXSTAR) - Senators are back in Washington this week, working on a deal that addresses issues at the U.S.-Mexico border and provides funding for Ukraine and Israel.Lawmakers say they are encouraged that a deal can be reached this week but both sides remain far apart on policy changes at the southern border.West Virginia Democratic Senator Joe Manchin says this is about addressing current border issues."And this is not immigration reform. They're basically working diligently on just securing the border," said Manchin.Delaware Democratic Senator Chris Coons agrees that there are serious challenges at the border."We need to take seriously that there is a border security crisis, and we need to take responsible steps that reflect our values," said Coons.Republicans are demanding sweeping new policies at the southern border, before signing off a bigger package that would include funding for both Ukraine and Israel to fight their wars.South Carolina Republican Senator Lindsey G...

Man sentenced in deadly shooting outside Martindale home

Published Tue, 19 Nov 2024 10:30:10 GMT

Man sentenced in deadly shooting outside Martindale home CALDWELL COUNTY, Texas (KXAN) — A Martindale man who was found guilty of manslaughter in a deadly shooting outside of his home was sentenced in Caldwell County Monday.Terry Turner was sentenced to 180 days in jail, starting Monday, and 10 years of probation. He'll also have to serve four days in jail on dates coinciding with the date of Dghougi's death and his birthday. Turner will have to pay a $10,000 fine as well as do community service and counseling. Verdict reached in driveway shooting of Austin man Turner was indicted in Feb. 2022 in connection with the shooting.Previous coverage of the trialIn October 2021, Turner shot and killed Dghoughi through his driver’s side window as he backed out of Turner’s driveway in Martindale, according to investigators.According to testimony delivered during the trial, Turner awoke in the middle of the night to use the bathroom when he noticed a car in his driveway, according to his attorneys.Attorneys said he went outside to confront the dri...

6 face organized crime charges in Colorado catalytic converter theft scheme

Published Tue, 19 Nov 2024 10:30:10 GMT

6 face organized crime charges in Colorado catalytic converter theft scheme Six people will face organized crime charges in Weld County, Colorado, for an alleged scheme involving the suspects acquiring and redistributing thousands of stolen catalytic converters.The Weld County Sheriff’s Office, Colorado Bureau of Investigation and Homeland Security Investigations announced the arrests Friday, reporting a warrant sweep police conducted Wednesday in Brighton, Commerce City and Parker, as well as the Las Vegas area in Nevada.Julian Baros, top left, Nicholas Handley, top center, Devin Garcia, top right, Herman Medina, bottom left, Aaron Reader, bottom center, and Patrick Santoyo, bottom right. (Courtesy/Colorado Bureau of Investigation)Julian Baros, 31, Nicholas Handley, 25, and Devin Garcia, 40, were booked into the Weld County Jail on Wednesday, with bond set at $700,000 for Baros and $500,000 each for Handley and Garcia — all cash only. Herman Medina, 35, Aaron Reader, 22, and Patrick Santoyo, 43, were arrested in the Las Vegas area and will be extradited to...