March 16

2023 - 3 - 16

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Image courtesy of "CNN"

5 things to know for March 16: Bank meltdown, Ukraine, Abortion ... (CNN)

A massive blob of seaweed spanning more than 5,000 miles is headed for the shores of Florida, threatening to dampen tourist season with an incredibly sticky ...

[spin off their share](https://www.cnn.com/2023/03/15/tech/tiktok-cfius/index.html) of the social media platform. [growing number of safety incidents](https://www.cnn.com/2023/03/15/us/faa-air-safety-summit-close-calls/index.html) at airports nationwide. The summit comes after the FAA said it was investigating [another near-accident](https://www.cnn.com/2023/03/01/business/faa-plane-close-call-investigations/index.html) between commercial airliners. US officials [have raised fears](https://www.cnn.com/2023/03/08/tech/biden-tiktok-bill/index.html) that the Chinese government could pressure TikTok or its Chinese parent ByteDance into handing over the personal information of TikTok’s US users, which might then benefit Chinese intelligence activities or influence campaigns. [downing of a US drone](http://www.cnn.com/2023/03/16/politics/us-military-video-drone-russian-jet/index.html) over the Black Sea on Tuesday. [claims the drug is not safe](https://www.cnn.com/2023/03/15/health/mifepristone-what-is-it/index.html) and that the FDA didn’t study it enough to approve it, despite several studies that have shown it to be safe and effective for more than two decades. This sent US stocks tumbling Wednesday, but [futures are up](https://www.cnn.com/business/live-news/stock-market-credit-suisse-svb-banking-collapse-03-16-23/index.html) after the company [agreed to a $53 billion loan](https://www.cnn.com/2023/03/15/investing/credit-suisse-shares-saudi-national-bank/index.html) from the Swiss central bank. The talks with TikTok have stretched on without resolution, prompting criticism of the Biden administration by some US lawmakers who have [pushed to ban the app](https://edition.cnn.com/2023/01/16/tech/tiktok-state-restrictions/index.html) through legislation. [banking turmoil](https://www.cnn.com/2023/03/15/investing/banking-meltdown-takeaways/index.html) is spreading around the world. The lawsuit from anti-abortion doctors and medical associations intends to require the FDA to [withdraw or suspend its approval](https://www.cnn.com/2023/03/15/politics/takeaways-medication-abortion-hearing-texas/index.html) of the drug, as well as block the agency’s more recent regulatory changes making the pills more accessible. While Russia’s defense ministry denied its aircraft came into contact with the drone, the video shows a [Russian fighter jet dumping fuel](https://www.cnn.com/2023/03/15/europe/reaper-drone-russia-us-ukraine-explainer-intl/index.html) as it intercepts the US drone. However, analysts say this is not a repeat of the [2008 global financial crisis](https://www.cnn.com/business/live-news/stock-market-credit-suisse-svb-banking-collapse-03-16-23/h_c9e2b2498bffcf2d1c0f1de4fcf9ffdd) and not necessarily a time to panic.

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