• economic inequality Sep 27, 2020

    Coronavirus Forcing Society to Look At Economic Inequality Among Minorities

    The coronavirus pandemic forced the United States into a health and economic crisis and as a result, it’s put a spotlight on racial gaps in America.

  • Los Angeles Apr 30, 2019

    Wall Street Banks Boycott Brunei-Owned Hotels After Kingdom Makes Homosexuality Punishable by Death

    A growing list of multinational banks are banning employees from staying at hotels owned by the Sultan of Brunei, where homosexuality and adultery is punishable by death. J.P. Morgan, Goldman Sachs and others — called to task by celebrities like Elton John, George Clooney and Ellen DeGeneres — have barred staff from staying at properties owned by the Dorchester Collection...

  • China Mar 31, 2019

    AP Investigation: Florida Gets Tougher on Massage-Parlor Sex

    When Florida authorities shut down 10 massage spas last month and charged hundreds of men with buying sex, they broke a longstanding pattern of meting out minor charges and punishment for owners, letting patrons off scot-free and turning a mostly blind eye to signs of human trafficking. An Associated Press review of state records over the past decade shows that...

  • Department of Justice Aug 1, 2018

    Wells Fargo to Pay $2.1 Billion for Role in Housing Bubble

    Wells Fargo agreed Wednesday to pay a $2.1 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis.

  • georgia Jun 25, 2018

    Corporate America Increasingly Avoids Gun-Industry Business

    With Gary Ramey’s fledgling gun-making business taking off in retail stores, he decided to start offering one of his handguns for sale on his website. That didn’t sit well with the company he used to process payments, and they informed him they were dropping his account. Another credit card processing firm told him the same thing: They wouldn’t do business...

  • DONALD TRUMP Apr 9, 2018

    ‘Trade Wars Are Good, and Easy to Win,' Trump Tweets

    President Donald Trump on Friday declared “trade wars are good, and easy to win,” a bold claim that will likely find many skeptics, including those on Wall Street and even some Republicans. Trump has declared that the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of...

  • DONALD TRUMP Apr 1, 2018

    Fact Check: Trump Departs From Reality on Wall, Amazon

    President Donald Trump hailed the start of his long-sought U.S.-Mexico border wall this past week, proudly tweeting photos of the “WALL!” Actually, no new work got underway. The photos showed the continuation of an old project to replace 2 miles of existing barrier. And on Saturday, he ripped Amazon with a shaky claim that its contract with the post office...

  • DONALD TRUMP Mar 31, 2018

    Trump Goes After Amazon — Again — Over Postal Delivery

    President Donald Trump is again attacking online retailer Amazon.com, calling its business deal with the U.S. Postal Service to deliver packages a money-losing agreement that hurts U.S. taxpayers. Federal regulators, however, have found the contract with Amazon to be profitable. In tweets Saturday, Trump said “the U.S. Post Office will lose $1.50 on average for each package it delivers for...

  • head Mar 27, 2018

    White House Probing Huge Loans to Kushner's Family Firm

    White House officials are looking into whether $500 million in loans that went to Trump administration senior adviser Jared Kushner’s family real estate company may have spurred ethics or criminal law violations, according to the head of the federal government’s ethics agency....
    David J. Apol, acting director of the Office of Government Ethics, said in a letter sent late last week...

  • CEO Nov 6, 2017

    Saudi Crown Prince's Arrests Are a Risky Gamble

    Saudi Arabia’s young Crown Prince Mohammed bin Salman has taken his riskiest gamble yet with the stunning arrests of top princes, military officers, government officials and influential businessmen in the kingdom. The sweep, which the government says is aimed at eliminating corruption, also appears to be aimed at stamping out potential rivals or critics of Prince Mohammed, popularly known as...

  • DONALD TRUMP Nov 6, 2017

    Billionaire Prince Among Dozens Arrested in Saudi Sweep

    Saudi Arabia’s heir to the throne is overseeing an unprecedented wave of arrests of dozens of the country’s most powerful princes, military officers, influential businessmen and government ministers — some potential rivals or critics of the crown prince now consolidating his power. Among those taken into custody overnight Saturday in the purported anti-corruption sweep were billionaire Prince Alwaleed bin Talal,...

  • DONALD TRUMP Nov 5, 2017

    In Hot Water: Baldwin's Trump Takes Jabs at Manafort, Weinstein in ‘SNL' Cold Open

    Days after the first Russia probe indictments, “Saturday Night Live” continued to show the Trump administration in hot water—this week’s the cold open ended with President Donald Trump and his team in the shower.

  • DONALD TRUMP Jul 15, 2017

    JPMorgan CEO Shifts Topic to Politics From Financial Results

    After JPMorgan Chase posted a record $7 billion quarterly profit, the last thing a contentious Jamie Dimon wanted to talk about Friday was his company’s earnings.
    Instead, the CEO of the nation’s largest bank vented his irritation with politicians and what he called gridlock that’s preventing the economy from doing even better.

  • bank Jul 14, 2017

    Hootie Johnson, Former Augusta National Golf Club Chairman, Dies

    Hootie Johnson, the South Carolina banker and Augusta National chairman who stubbornly stood his ground amid pressure for the club to invite female members, died Thursday morning. He was 86. Augusta National announced his death and celebrated the sweeping changes to the Masters during his eight years as chairman. But it was his battle with Martha Burk and her National...

  • United States Mar 27, 2017

    Wells Fargo to Roll Out Cellphone ATM Access

    Wells Fargo is upgrading all 13,000 of its ATMs to allow customers to access their funds using their cellphones instead of traditional bank cards.

  • Twitter Dec 1, 2016

    Prince Alwaleed Bin Talal: Let Women in Saudi Arabia Drive

    A member of the Saudi royal family issued a public call for women to be allowed to drive in the conservative kingdom, calling the longstanding ban “unjust.” Prince Alwaleed Bin Talal took to Twitter late Tuesday, writing in Arabic and English: “Stop the debate: Time for women to drive.” His tweet included a link to an opinion article arguing for...

  • wall street Jun 3, 2016

    Weak Jobs Report Sends Stocks Lower

    Stocks fell and bond prices rose after the government reported a sharp slowdown in hiring last month. The Labor Department also reported Friday that the unemployment rate fell to its lowest level since 2007 as more people stopped looking for work. Banks fell more than the rest of the market as traders anticipated that interest rates would remain low for...

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