In a break from tradition, USA Today took sides Friday in the upcoming presidential election, warning readers to "resist the siren song of a dangerous demagogue" and reject Republican Donald Trump. The national newspaper, one of the most widely circulated in the United States, has never before taken a stance on a presidential race in its 34-year history, but its editorial board spoke out this time on the battle between Trump and Democrat Hillary Clinton. "This year, one of the candidates -- Republican nominee Donald Trump -- is, by unanimous consensus of the Editorial Board, unfit for the presidency.
By Andreas Kröner and Maiya Keidan FRANKFURT/LONDON (Reuters) - Deutsche Bank's chief executive sought to reassure his staff on Friday that Germany's largest lender remained robust after its shares again fell to record lows, sending tremors through global financial markets. Chief Executive John Cryan's letter, seen by Reuters, addressed reports of the departure of a few hedge fund clients, blaming unfounded speculation and "certain forces" that wanted to weaken trust in the bank. People familiar with the matter told Reuters that one large hedge fund in Asia had pulled out collateral from Deutsche amounting to $50 million in the last two days, while other sources said this had happened elsewhere, albeit on a small scale.