News Headlines - 12 February 2018

▽Merkel, SPD under renewed fire over German coalition deal

German Chancellor Angela Merkel and the leader of the Social Democrats (SPD) faced further criticism on Monday from within their own parties over a new coalition deal that must still be approved by disgruntled SPD rank-and-file members.

▽Takata, injured drivers reach deal to end U.S. bankruptcy

Takata Corp’s U.S. unit reached a settlement with its creditors, lawyers for those injured by its deadly air bags and automakers that smoothes the way to end its Chapter 11 bankruptcy and sell its viable operations, according to court papers.

▽London City Airport shut as WW2 bomb found in Thames - BBC News

The airport will be shut all day and all flights cancelled, affecting up to 16,000 passengers, a spokeswoman said.
The bomb was discovered at about 05:00 GMT on Sunday at George V Dock during pre-planned work at the airport in east London, the Met Police said.

▽Graffiti Artists Awarded $6.7 Million for Destroyed 5Pointz Murals - The New York Times

Ruling that graffiti — a typically transient form of art — was of sufficient stature to be protected by the law, a federal judge in Brooklyn awarded a judgment of $6.7 million on Monday to 21 graffiti artists whose works were destroyed in 2013 at the 5Pointz complex in Long Island City, Queens.
In November, a landmark trial came to a close in Federal District Court in Brooklyn when a civil jury decided that Jerry Wolkoff, a real estate developer who owned 5Pointz, broke the law when he whitewashed dozens of swirling murals at the complex, obliterating what a lawyer for the artists had called “the world’s largest open-air aerosol museum.”

▽AC Milan Officially Cut Ties With Kit Sponsor Adidas in Favour of Long-Term Deal With Puma | SI.com

After weeks of speculation, Serie A giants AC Milan have officially announced they will be cutting ties with kit manufacturer Adidas in favour of a new long-term partnership with Puma.
Effective from July 1, the pairing, which claim this new deal brings together "two of the most passionate, iconic and ambitious brands in football industry", will come together, with the Germany-based company instated as Rossoneri's official partner, global technical supplier and official licensing partner.