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The federal agency that oversees the financial condition of U.S. banks says it will offer voluntary early retirement to about 20% of its 5,800 employees.Agency officials say the early retirements could create a more highly skilled workforce with the goal of attracting employees with a new set of skills.The Federal Deposit Insurance Corp. announced the move Thursday, saying it isn’t designed to reduce its budget or the total size of the workforce. About 42% of the current workforce is eligible for retirement within five years, the FDIC says. A wave of potential retirements could sap the agency’s institutional knowledge, especially during a crisis, the FDIC’s inspector general said in a recent report.In addition, the FDIC plans to close a handful of field offices, and to relocate and consolidate others. No staff involved in examining banks will be affected, the agency says.“This program will enhance our agility, preparedness and technological transformation,” FDIC Chair Jelena McWilliams said in a statement. It’s part of the agency’s strategy to “further reduce layers of management and acquire new skill sets,” she said.Sen. Sherrod Brown of Ohio, the senior Democrat on the Senate Banking Committee, questioned the approach of phasing out veteran employees and said it could hurt the FDIC’s ability to deal with another financial crisis. “If the FDIC chair were interested in increasing the agency’s capability to respond to a crisis, she would be focused on hiring and training a new generation of workers, not encouraging experienced and senior staff to rush to the exit,” Brown said. “Let’s be clear –- no matter how Chair McWilliams tries to spin it, reducing FDIC’s workforce will make us less prepared for a financial downturn.”During the 2008-09 financial crisis and the following years, the FDIC closed hundreds of failed U.S. banks and transferred their loans and deposits to other, healthy banks. Bank failures reached a peak of 157 in 2010. With the new plan, the FDIC is looking build up its staff engaged in inspecting banks, and in specialized information technology, computer science and data management. Officials declined to estimate what portion of the employees being offered early retirement is expected to take it. They include executive managers as well as administrative staff at FDIC headquarters in Washington and in the field. The union representing FDIC employees said it’s concerned about employees having enough time to adequately assess their options and make informed decisions. Employees who accept the offer must leave by June 6. Under terms of the offer, most of the employees who choose to leave or retire will receive six months of salary.The union, the National Treasury Employees Union, said it will negotiate with the agency on the office closures and consolidations to prevent involuntary relocations of employees to another FDIC office and allow them to continue to inspect banks in their areas.“We also intend to closely examine the FDIC’s justification for these decisions, and our union will raise concerns if we feel the moves are unwarranted or harmful to FDIC’s ability to accomplish its mission,” NTEU President Tony Reardon said in a statement.In addition to monitoring the banks’ condition, the FDIC was established during the Great Depression to insure deposits of banks that fail. It guarantees deposits up to 0,000 per account. 3411

The Brazos County (Texas) Health District is investigating after a Texas A&M student may have contracted a suspected case of the 2019 Novel Coronavirus (2019-nCoV). The patient traveled from Wuhan, China, where the coronavirus originated. Health care providers were aware of public health guidance on novel coronavirus and quickly recognized that the patient met the criteria for coronavirus testing.</p><p>Meanwhile, a suspected case has been reported in New Jersey. China's National Health Commission has confirmed 830 cases of the new coronavirus with 25 deaths. A Washington man was recently 624

The firearm used in the deadly Riverside, California, shootout was an untraceable AR-15-type weapon assembled from separately acquired parts, commonly known as a "ghost gun," a law enforcement source told CNN Thursday."Ghost guns" are firearms manufactured without serial numbers and require no background checks for purchase, making them difficult for law enforcement authorities to trace, according to the 420

The Justice Department may bring additional hacking charges against Paige Thompson, the former engineer accused of downloading more than 100 million Capital One customers' personal information."The investigation is ongoing and additional charges are a possibility," Emily Langlie, communications director for the US Attorney's Office for the Western District of Washington, told CNN by email.Thompson, 33, allegedly hacked Capital One, posted the tools she used to do so to Github, and talked about it with friends online, according to a complaint against her filed Monday.The complaint also references a Slack channel and says she posted there under the name "erratic." While the complaint partially redacts the channel's name, it does quote from it. The channel, called netcrave, was deleted early Tuesday afternoon, but CNN was able to view erratic's posts on it hours before.While the indictment lists the channel only as "Net*****," CNN was able to confirm the full name of "netcrave" by comparing quotes listed in the indictment with those that were live in the netcrave channel.In one Slack conversation on June 27, erratic pasted a long list of compressed filenames and their sizes, indicating they were caches of hacked files. Many were listed as being dozens of gigabytes, indicating a huge mass of files.Not all of the filenames in the list made it obvious from where they were supposedly hacked, but erratic discussed some of them in the Slack. One of the files, which was listed at 28 GB of data, was "capitol one," erratic wrote later in the chat. Another site erratic listed as being the "ohio.gov dept of transportation." Erratic also mentioned the British telecommunications company Vodafone, California IT company Infoblox, Ford, and Michigan State University.Erratic listed only filenames in the Slack channel, and not files themselves.All five of those organizations, reached for comment, said that they were looking into the matter, but none said that they had been hacked."Infoblox is continuing to investigate the matter, but at this time there is no indication that Infoblox was in any way involved with the reported Capital One breach," Infoblox spokesperson Erica Coleman told CNN. "Additionally we have not been contacted by the FBI however if contacted we fully intend to cooperate with law enforcement.""This was brought to our attention this morning and we have since then reached out to the FBI and are working with them to determine if there has been any access to ODOT data systems," said Erica Hawkins, a spokeswoman for the Ohio Division of Transportation."We are investigating to determine even if Ford's information is involved," Ford spokeswoman Monique Brentley told CNN."We take security very seriously," said Vodafone spokesman Adam Liversage. "Vodafone is not aware of any information that relates to the Capital One security breach.""MSU receives hundreds of threats and attacks each day on our system," Michigan State spokeswoman Emily Guerrant said in an email. "We investigate and fend these off daily, and it's hard to know if one of them recently was alleged hacker from the Capital One situation. I did flag the slack channel posting and our team is looking into it, but even that wasn't much for them to go on."A lawyer for Thompson did not immediately respond to a request for comment. 3348

The Fourth of July is here and what better way to celebrate Independence Day than by sampling some of America's most delicious (and cheapest) food.Lots of restaurants are celebrating July 4 with free and cheap food. Here's a roundup of what you can score.Red, white and blue all overBruegger's Bagels: 314

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