CBS News
Children and adults injured in China as car hits crowd outside elementary school
Taipei, Taiwan — Numerous children were injured by a vehicle outside an elementary school in central China’s Hunan province on Tuesday, reports said. Hours after the incident, the casualty count was unclear and authorities had yet to clarify if it was an accident or a deliberate attack. The incident follows a series of recent killings or attacks in China by people in vehicles or wielding knives, including others at schools.
Students were arriving for classes around 8 a.m. at Yong’an Elementary School in the city of Changde when a small white SUV drove into a crowd of children and adults, according to state media. Few details were released, reflecting China’s reflexive inclination to suppress news about crime, protests and major accidents that could erode public confidence in the ruling Communist Party’s self-declared ability to maintain social order.
Several adults were also injured, the official Xinhua News Agency said, adding that the driver was subdued by parents and security guards and some of the injured were immediately sent to the hospital.
Police in the city’s Dingcheng district, where the school is located, issued a statement saying no one had life-threatening injuries and identifying the driver as a 39-year-old man surnamed Huang, who was under detention. It said the incident was under investigation but gave no word on the cause or other details.
Footage posted on Chinese social media showed the injured lying on the road while terrified students ran past the gate and inside the schoolhouse.
Comments on Chinese internet sites reflected anger and frustration with recurring incidents of violence against citizens by those venting anger at society.
While China has much lower rates of violence than many countries — personal gun ownership there is illegal — knifings and the use of homemade explosives still occur.
Chinese schools have been subject to numerous attacks by people armed with knives or using vehicles as weapons. A stabbing attack at a vocational school in the eastern Chinese city of Wuxi on Saturday left eight people dead and 17 others injured.
That came shortly after a man drove his car into people at a sports facility in the southern city of Zhuhai, leaving 35 people dead and 43 others injured.
In September, three people were killed in a knife attack in a Shanghai supermarket, and 15 others were injured. Police said at the time that the suspect had personal financial disputes and came to Shanghai to “vent his anger.”
The same month, a Japanese schoolboy died after being stabbed on his way to school in the southern city of Shenzhen.
The Chinese government generally censors internet content it deems overly sensitive or political, and some images of the school incident were quickly taken down. Most Western social media sites and search engines like Google are blocked in China, limiting available content even while some people use tools like VPNs and send news through Chinese social media before the censors have time to catch it.
CBS News
Feds sue Zelle, alleging that nation’s biggest banks failed to stop fraud
Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be protected against “widespread” fraud, alleges a lawsuit filed on Friday by the Consumer Financial Protection Bureau.
Bank of America, JPMorgan Chase and Wells Fargo ignored customer complaints related to Zelle, users losing hundreds of millions of dollars in scams, the regulatory agency alleges. Zelle is run by Early Warning Services, which is owned by the three banks named in the CFPB’s suit, along with four other financial institutions.
According to the CFPB, bank customers have lost more than $870 million over the seven years Zells has been in operation. Early Warning and the three banks named in the complaint hastily created the payments network to head off rival payment apps including Venmo and CashApp without adequately protecting end users, the suit alleges.
“The nation’s largest banks felt threatened by competing apps, so they rushed to put out Zelle,” Rohit Chopra, the CFPB’s director, said in a statement. “By their failing to put in place proper safeguards, Zelle became a gold mine for fraudsters, while often leaving victims to fends for themselves.”
Zelle blasted the CFPB’s accusations as “legally and factually flawed,” with a spokesperson also suggesting the timing of the suit as “driven by political factors unrelated” to the company.
JPMorgan also accused the agency of pursuing a “political agenda,” stating that the agency was “overreaching its authority by making banks accountable for criminals, even including romance scammers.”
JPMorgan Chase said it prevents nearly $20 billion in fraud attempts each year, and that 99.95% of its transactions are completed without dispute.
A spokesperson for Wells Fargo declined to comment. Bank of America did not immediately respond to a request for comment.
Offered by more than 2,200 banks and credit unions, Zelle has more than 143 million users in the U.S., according to the suit. Customers transferred a total of $481 billion in conducting 1.7 billion transactions during the first half of 2024, the CFPB noted.
Hundreds of thousands of customers filed fraud complaints and were denied assistance by Zelle and the three banks, according to the suit, which noted that some people were advised to contact those behind the fraud to get their money back.
Zelle “has been slow to implement anti-fraud measures, including closing accounts accused of fraud,” Jaret Seiberg, an analyst with TD Cowen Washington Research Group, said in a report, pointing to the CFPB’s allegations. “It also permitted the registration of emails that were impersonating legitimate entities, including Zelle itself.”
Since Zelle launched in 2017, according to the CFPB, JPMorgan Chase received 420,00 customer complaints involving more than $360 million; Bank of America heard from 210,000 customers with more than $290 million in fraud losses; and Wells Fargo tallied $220 million in fraud losses by 280,000 people.
In 2023 Early Warning began refunding money to an undisclosed number of fraud victims amid pressure from lawmakers. In late 2022, Sen. Elizabeth Warren issued a report that found increasing incidents of fraud and scams to be occurring on the popular payment app, with large banks typically reluctant to compensate victims, the Massachusetts Democrat said.
CBS News
What would a government shutdown mean for flights, air travel?
The Transportation Security Administration (TSA) has cautioned that a looming government shutdown could lead to longer wait times for travelers at airport security checkpoints. The warning comes as the TSA announced it is expecting a record 40 million airline passengers to take to the skies over a two-week period that began Thursday.
Most TSA workers, about 95%, are considered essential, and would therefore remain on the job in the event of a shutdown — but without pay — TSA administrator David Pekoske said in a post on X.
Air traffic controllers are also deemed essential employees and would be asked to work while foregoing a paycheck. Employees would be paid after a shutdown were to end.
Here is how a government shutdown will affect air travel for consumers.
Will the government shutdown affect flights?
Not for now. Passengers will still be able to travel on flights they have booked, with operations expected to continue as normal at least in the early days of a shutdown. That’s because TSA agents, air traffic controllers, and other essential airport staff will remain on the job.
Will TSA screening lines be longer?
While passengers are always advised to arrive at the airport earlier than usual during peak travel periods, that advice could be even more applicable in the event of a shutdown.
“While our personnel are prepared to handle high volumes of travelers and ensure safe travel, please be aware that an extended shutdown could mean longer wait times at airports,” the TSA’s Pekoske warned.
“My advice? Arrive at your airport early, with plenty of time to park your car, check your bags and make your way through security,” he added.
The last government shutdown in 2018-2019, lasted 35 days. While TSA officers were also deemed essential then, the number officers who called out sick rose as the shutdown dragged on and financial woes ensued.
“It was after TSA officers started missing paychecks that you saw the sick call numbers increase,” said senior CBS News senior transportation and national correspondent Kris Van Cleave. “There may not be an immediate impact at all airports, particularly if it is a short shutdown. If it drags on, then you have a workforce that is among the lowest-paid government employees,” he said.
If, in the event of a prolonged government shutdown, TSA employees stop showing up to work in significant numbers, wait times at security screening checkpoints would likely increase.
What about air traffic controllers?
The Federal Aviation Administration (FAA) is already grappling with a shortage of air traffic controllers, who are responsible for securing the national airspace by guiding takeoffs and landings and ensuring that aircraft don’t fly too close to one another. About a month into the last shutdown, LaGuardia Airport temporarily delayed flights because of staffing shortages, including among air traffic controllers.
In the event of a shutdown, the more than 14,000 air traffic controllers in the U.S. would be expected to show up to work without pay.
What would a government shutdown mean for passport processing?
According to the State Department’s contingency plan, consular operations will continue as normal “so long as there are sufficient fees to support operation,” given that they are integral to national security. That includes passport and visa services.
Still, some passport services could be limited, if they are located in buildings run by another agency that is inoperational.
CBS News
New details on notebook that Luigi Mangione prosecutors may use as evidence
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