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Former president Trump is indicted in New York on charges of paying hush money to a porn star during his 2016 election campaign.

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Apple Classical Music takes up the problems listening to Beethoven or Mozart.

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Safety checks at Norfolk Southern are the subject of this report in the WSJ. The derailment of a freight train leading to spill of toxic chemicals in Ohio on Feb 3, 2023, led to concern about the safety practices at American railroads in the efforts to cut costs. The National Transportation Safety Board has opened a probe into the safety culture and practices of Norfolk Southern. One practice called PSR or precison scheduled railroading has been used by railroads in America to cut costs. This means fewer employees, longer freight trains as long as 3 miles, and fewer locomotives. The result is that employees count went down from 159,000 in 2011 to 115,000 in 2021 a drop of 28% even when freight dropped by 11%. This increased profits resulting in higher dividends and stock buybacks, with a heavier workload and less time off  even for sick days until a threatened strike. President Biden intervened to set a new pay and work deal and an element of fairness for workers. ...

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Leah Williamson is the author of the new book You Have the Power with Guardian football writer Suzanne Wrack. It is a motivational story of England's European cup soccer winning team from 2022 for girls ages 10 to 14 years. Its subtitle is Find Your Strength and Believe You Can. Leah says this is the age group that struggles the most in terms of who we want to be as young women. It is also the age when young girls decide to drop out of sport. What has made a difference for Leah is that her mother was a footballer playing for Milton Keynes and her grandmother played badminton competitively. She remembers going to Arsenal for games with her mom and grandmother at an early age. By age 7 she was playing competitively and she was scouted for Arsenal girls. She has played for Arsenal since then. She started on boys team when there were no teams for girls. A confident attitude came naturally to her and once she decided to play soccer competitively it did not matter that professional soccer for women did not exist when she joined Arsenal girls. ...

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What happened with the Allied strategy of area bombing of Hamburg with 4 British raids a day, in 1943 when victory was far from assured, is shown by a historian of UK German relations. Most of the city destroyed, a million homeless.  King Charles's visit to Hamburg does a lot for reflection on this part of history, at this time of war in Europe.

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It is not yet known who is responsible for the hacking of groups critical of Exxon.

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About the collapse of two banks- Silicon Valley Bank and Signature Bank Fed vice chairman for financial and banking supervision, Michael Barr, had this to say at a Congressional hearing last week- "I think anytime you have a bank failure like this, bank management clearly failed, supervisors failed, and our regulatory system failed."  The rest of this report looks at changes the Fed can on its own make stricter supervision of banks over $100 billion, action the Biden administration is thinking of taking, and action by the FDIC. The Biden administration does not want to be seen supporting wealthy depositors at Silicon Valley Bank by guaranteeing uninsured deposits as it did. It took this action solely to protect the financial system so that it would not hurt working families. For this reason alone the Biden administration will seek tighter controls of mid sized banks now that the illusion that banks below $250 billion do not pose a risk to the financial system is gone. It will also seek to recover all funds used to support these failed banks from the banks and financial sector that has lobbied for so long for less regulation leading to failure of banks not once in 2009, but again in 2023. This time under the Biden administration the damage is carefully controlled so that it does not affect the American economy and working families. ...

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A trip to Tugela Falls in the Drakensburg mountains from Johannesburg, South Africa. It ranks with Angel Falls, Venezuela, as the two highest waterfalls in the world.

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Sergio Ermotti returns to UBS as CEO to tackle the messy takeover of Credit Suisse. Ermotti was given the task of reviving UBS after its problems during the 2009 financial crisis. A rogue trader cost the bank 2.3 billion dollars. He ran UBS for 9 years closing its investment banking business to concentrate on banking for wealthy investors. He is from Lugano, Switzerland, the Italian part of the country.

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Yousaf Humza comes from a family that immigrated from the Punjab state in Pakistan in the 1960's to Scotland. His grandfather worked at a Singer sewing machine factory in Clydesbank, and his father worked as an accountant. He studied for a Masters degree in Arts at Glasgow University and entered politics as a parliamentary assistant to Alex Salmond and Nicola Sturgeon during the early days of the SNP. He held several ministerial positions before becoming First Minister. He is a Sturgeon loyalist who defeated challenger Elizabeth Forbes 52% to 48% in a close election for leadership of the SNP party.  His election is seen as a transitional period in the same way as Rishi Sunak's winning the leadership of the Conservative party after Boris Johnson like Nicola Sturgeon lost support. This is because of divisions within the SNP and in the Conservative party, and the rising popularity of Labour during a cost of living crisis after the ravages of the pandemic had affected working families in many ways. Both are from Punjab province of the British and the two provinces of Punjab in independent India and Pakistan. In fact the election of Humza as SNP leader and First Minister, the defeat of Elizabeth Forbes, provides Labour with an opportunity to win as many as 20 seats in Scotland for Keir Starmer of Labour to make it to No. 10 Downing Street, according to reports in The Times. ...