Business

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Business

All Las Vegas MGM casinos, hotels to temporarily close
Las Vegas Review Journal - Sun Mar 15, 2020
MGM Resorts International announced Sunday it is temporarily suspending operations at all Las Vegas properties "until further notice" effective Tuesday. More»

Dow falls 1,191 points -- the most in history
CNN - Thu Feb 27, 2020
New York - US stocks again sold off sharply on Thursday as worries about coronavirus mounted. More»

Deutsche Bank confirms plan to cut 18,000 jobs
BBC - Sun Jul 7, 2019
Deutsche Bank will cut 18,000 jobs over three years as part of a radical reorganisation of the German bank. More»

Wells Fargo Says Its Culture Has Changed. Some Employees Disagree.
New York Times - Sat Mar 9, 2019
Wells Fargo has spent years publicly apologizing for deceiving customers with fake bank accounts, unwarranted fees and unwanted products. More»

Fentanyl Maker Donates Big to Campaign Opposing Pot Legalization
US News - Sun Feb 10, 2019
AN EMBATTLED pharmaceutical company that sells the powerful painkiller fentanyl has donated $500,000 toward defeating a ballot initiative that would make recreational use of marijuana legal under Arizona law. More»

Report: Missing Migrant Children Being Funneled Through Betsy DeVos Adoption Agency
Patheos - Thu Feb 7, 2019
The Trump administration says it cant reunite missing migrant children with their families; instead, many of the children are being shipped to a Christian adoption agency with ties to Education Secretary Betsy DeVos. More»

New Facebook Bug Exposed 6.8 Million Users Photos to Third-Party Apps
The Hacker News - Sun Dec 16, 2018
Facebooks latest screw-up - a programming bug in Facebook website accidentally gave 1,500 third-party apps access to the unposted Facebook photos of as many as 6. More»

Mystery as Russia LIQUIDATED almost ALL of its holdings in US Treasury securities during run up to Helsinki
Daily Mail - Sat Jul 28, 2018
The Russian government has sold off the vast majority of its holdings of US Treasury securities for reasons that remain mysterious, in a dramatic move that experts are calling unprecedented. More»

Oklahoma Earthquakes: Oil Industry Took State from Seismic Dead Zone to Hotspot in a Decade
Newsweek - Thu Feb 1, 2018
"There are better ways we can be doing things," says Erin Brockovich, the environmental activist portrayed in the Oscar-winning 2000 film, who has become one of the latest people to draw attention to the frequent man-made earthquakes plaguing the US state of Oklahoma. More»

U.S. regulators ditch net neutrality rules
Reuters - Thu Dec 14, 2017
WASHINGTON - The US Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape. More»

U.S. Steel dumps more toxic chromium near Lake Michigan, faces lawsuit
Chicago Tribune - Wed Nov 15, 2017
Six months after US Steel dumped a plume of toxic metal into a Lake Michigan tributary, the company quietly reported another spill at the same northwest Indiana plant and asked state environmental regulators to keep it secret, according to newly released documents. More»

Motel 6 Chains Are Allegedly 'Selling' Undocumented Immigrants to ICE for $200 a Pop
Alternet - Wed Sep 13, 2017
Multiple Motel 6 chains in heavily Latino neighborhoods around Phoenix have been tipping off ICE agents when guests check in at their locations without citizenship documents. More»

It's time to plan an escape route, for you and your money, from Trumpland
Market Watch - Fri May 26, 2017
There are two great dangers when managing your own money and, indeed, the rest of your affairs. More»

Markets plunge worldwide as Trump surges to the White House
Washington Post - Tue Nov 8, 2016
Global financial markets convulsed Tuesday night as Donald Trump was projected to claim victory in the race for the White House after a polarizing campaign that investors had largely bet against. More»

Cable News Silent as Two States Declare Emergency After Pipeline Spill
US Uncut - Thu Sep 15, 2016
More than a quarter million gallons of gasoline have spilled in Shelby County, Alabama, after a major fuel pipeline ruptured this week. More»

Diabetes Spreads As The Treatment For It Gets Pricier
Think Progress - Wed Apr 6, 2016
The price of the most effective drug used to treat diabetes is skyrocketing - even as the potentially life-threatening disease is becoming increasingly common among impoverished people. More»

Govt. Scientists Admit They Deceived the Public About Fracking's Impact on Drinking Water
AlterNet - Tue Jan 12, 2016
Five years ago, the Environmental Protection Agency (EPA) was commissioned by Congress to undertake a study on the impacts of hydraulic fracturing (fracking) on drinking water. More»

5 Years After Gulf Oil Spill, BP Spokesman Tells Public Not To Worry About Tar Balls In The Water
Think Progress - Sat Apr 18, 2015
Five years ago, BPs historic 2010 Deepwater Horizon spill resulted in more than 210 million barrels of oil ending up in the Gulf of Mexico. More»

Halliburton pleads guilty to destroying Gulf oil spill evidence
Reuters - Fri Jul 26, 2013
Halliburton Co has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the US Department of Justice said on Thursday. More»

Bank of America Whistle-blower Bombshell: "We Were Told to Lie" to Rip Off Borrowers
AlterNet - Fri Jun 21, 2013
Bank of Americas mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure: Yes, these allegations were suspected by any homeowner who ever had to deal with the bank to try to get a loan modification - but now they come from six former employees and one contractor, whose sworn statements were added last week to a civil lawsuit filed in federal court in Massachusetts. More»

Oil company offices raided in EU pricing probe
BBC - Tue May 14, 2013
The offices of several firms involved in the oil market have been raided by European Commission officials. More»

FDIC closes banks in North Carolina, Georgia
Associated Press - Sat May 11, 2013
WASHINGTON - Regulators say they have closed banks in North Carolina and Georgia, bringing the number of US bank failures to 12 this year. More»

New evidence suggests BP knowingly downplayed huge scale of oil leak in 2010 Deepwater Horizon disaster
The Daily Mail - Sun Dec 9, 2012
Documents that will be presented to court in February appear to show that BP knew about the massive scale of the 2010 Deepwater Horizon oil blowout weeks earlier than previously stated. More»

Movers, deputies refuse to evict 103-year-old woman
WSB-TV - Tue Nov 29, 2011
ATLANTA, Georgia - A 103-year-old woman and her 83-year-old daughter were just moments from being evicted from their home Tuesday, when sheriffs deputies and the moving company hired by the bank decided not to go through with the action. More»

Banks closed in Ga, NC, NJ, Ill; 80 failed in 2011
Associated Press - Fri Oct 14, 2011
WASHINGTON - Regulators on Friday closed small banks in Georgia, North Carolina, New Jersey and Illinois, boosting to 80 the number of US bank failures this year. More»

Bank of America to shut down lending division
Associated Press - Wed Oct 5, 2011
NEW YORK - Bank of America is closing down one of its mortgage units. More»

Unlocked by melting ice-caps, the great polar oil rush has begun
The Guardian, UK - Mon Sep 5, 2011
Its the melting of the Arctic ice, as the climate warms, that makes it possible - and you can understand why theyre all piling in. More»

US regulator to sue banks over subprime mortgage losses
BBC - Thu Sep 1, 2011
US authorities are to sue 17 major banks for losses on mortgage-backed investments that cost taxpayers tens of billions of dollars. More»

Banks Still Robo-Signing
Reuters - Mon Jul 18, 2011
NEW YORK/IMMOKALEE, Florida - Americas leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year. More»

Man Buys House With Cash, Bank Of America Tries To Foreclose
Sacramento Bee - Thu Jun 30, 2011
Kamal Sharma almost lost his house in a foreclosure auction the other day. More»

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