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Organizers of the Oscars, facing an outcry over the lack of diversity on its voting board for the film awards, said on Wednesday it has invited nearly 700 new members with a focus on female and minority talent. Actors Idris Elba, America Ferrera, Oscar Isaac, John Boyega, Eva Mendes and this year's Best Actress Oscar winner Brie Larson were among the 683 potential new members, the academy said in a statement. "This class continues our long-term commitment to welcoming extraordinary talent reflective of those working in film today," Academy President Cheryl Boone Isaacs said in the statement.
The Federal Reserve said Wednesday that US operations of Germany's Deutsche Bank and Spain's Santander had failed an annual stress test, citing weaknesses in their capital planning and risk management. The Fed granted a conditional approval to US investment bank Morgan Stanley to return funds to shareholders, while delivering a full endorsement to 30 other large financial institutions on their capital distribution plans.
By Neil Jerome Morales and Manuel Mogato MANILA (Reuters) - There will be no fancy 'vin d'honneur' at Rodrigo Duterte's inauguration as president of the Philippines on Thursday, just simple fare at a low-key event. It's not going to be champagne bottles popping and cheese," incoming Communications Minister Martin Andanar told Reuters on the eve of the ceremony. Andanar said that instead of being driven around in the president's limousine, a bullet-proof Mercedes, Duterte wants to travel in a pick-up truck.