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NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman ever to lead a Wall Street bank when she succeeds CEO Michael Corbat in February. The New York bank announced the succession Thursday. Fraser is currently head of Citi's global consumer banking division, a major part of the bank that oversees checking and savings accounts but also Citi's massive credit card business. For 16 years, Fraser has worked in various departments within Citi:- 2015-19: Chief Executive Officer of Citi’s Latin American region.- 2013-15: Chief Executive Officer of the U.S. Consumer and Commercial Banking and CitiMortgage. - 2009-13: Chief Executive Officer of Citi's Private Bank. - 2007-09: Global Head of Strategy and Mergers & Acquisitions.In 2004, she joined the company in its Corporate and Investment Banking division.She previously worked at McKinsey & Company, Goldman Sachs, and Asesores Bursátiles.Fraser also serves as a member of the Board of Dean’s Advisors at Harvard Business School and Stanford University’s Global Advisory Council. She's also a member of the Council on Foreign Relations.She earned her M.B.A. from Harvard Business School and an M.A. in economics from Cambridge University.Fraser's climb to the CEO role is a major accomplishment in an industry long dominated by men. Corbat led Citigroup for eight years, rebuilding the company after it nearly collapsed during the Great Recession and 2008 financial crisis.Corbat had been with the company for 37 years. 1500

NEW YORK (AP) — Carl Lentz, a pastor from global megachurch Hillsong known for his ministry to athletes and celebrities, has been fired. He acknowledged on Instagram that he cheated on his wife. Lentz and his wife, Laura, founded the East Coast arm of the Australia-based church in 2010. Justin Bieber and wife Hailey Baldwin both attended Hillsong in Los Angeles. "This failure is on me, and me alone and I take full responsibility for my actions. I now begin a journey of rebuilding trust with my wife, Laura and my children and taking real time to work on and heal my own life and seek out the help that I need," Lentz said in his social media post. 661

NEWTOWN, Connecticut — Elementary students at a Connecticut school where a mass shooting took the lives of 20 students and six adults in 2012 went home early today because of a bomb threat.Police said they believe the threat made toward Sandy Hook Elementary in Newtown was a hoax but cleared the school as a precaution. They did not report who was behind the threat, according to courant.com.Newtown Police said they received a call about the threat at 9 a.m. local time today — one day after email threats of bombs were sent to businesses, hospitals and other places across the U.S. and three other countries.The Sandy Hook mass shooting happened exactly 6 years ago on Dec. 14. The students killed were first graders, and the adults were educators. 764

New research from the AAA Foundation found hit and run crashes killed 2,049 people in 2016. It's the highest number on record. Even more alarming is that more than one hit-and-run crash happens every minute in the United States.AAA research found these commonalities:  306

NEW YORK (AP) — Tiz the Law has won an unprecedented Belmont Stakes, claiming victory at the first race of a rejiggered Triple Crown schedule and crossing the finish line in front of eerily empty grandstands.The 3-year-old colt from upstate New York charged to the lead turning to the front stretch and now can set his sights on the Sept. 5 Kentucky Derby and Oct. 3 Preakness.All three legs of this year’s Triple Crown schedule were postponed due to the coronavirus pandemic.Belmont, usually the series capper, was initially scheduled for June 6.Tiz the Law gave New York a hometown champion in its first major sporting event since the coronavirus pandemic seized the area. 682