Wall Street firms fined $390M in over text, WhatsApp messages
The SEC watchdog on Thursday levied $390 million in fines on 26 Wall Street investment firms as part of its latest crackdown on misuse of text and WhatsApp messaging. The fined firms included Ameriprise Financial, Edward Jones, LPL Financial and Raymond James, which each agreed to pay $50 million to settle the allegations. BNY’s Pershing […]
Walmart beats Wall Street expectations as it offers more grocery discounts
CFRA Senior Vice President Arun Sundaram analyzes Walmart and Target’s earnings, expectations for their stock prices, and changes in the way consumers shop. Walmart, America’s largest retailer and private employer, lured shoppers with deeper discounts on groceries and reported strong quarterly results that beat Wall Street expectations. The Arkansas-based company said consolidated sales rose 4.8% […]
Video shows prostitution, gunfights on Seattle street corner as city lawmakers aim to temper ‘unsafe’ problem
Shocking video shown to the Seattle City Council’s Public Safety Committee shows a neighborhood plagued by prostitution and gunfire over several nights. Seattle City Council Member Cathy Moore has proposed a bill to create Prostitution Area No-Go Zones (SOAPs) that would establish policies governing arrests for prostitution and loitering and could result in prosecution for […]
Stock market today: Wall Street holds firm after inflation data clears the path for cuts to rates – Yahoo Finance
NEW YORK (AP) — Wall Street was relatively stable on Wednesday. Inflation update That was roughly in line with economists’ expectations. The S&P 500 was up 0.3% in midday trading. One of the best days of the yearThe Dow Jones Industrial Average was up 184 points, or 0.5%, as of 11:35 a.m. Eastern time, while […]
Police believe driver was street racing when he crashed into family car and killed both parents, 2 children
Texas police say a driver crashed into another car while street racing. Killed 4 people One of five in a family. The teen was the only survivor after being thrown from the car. “Many people tried to help them but could not get close to them.” Police said drivers of Dodge Chargers were racing against […]
Mob of 30 teens on bicycles caught on video brutally beating up, robbing lone man in street: ‘This is what LA has come to’
Earlier this month, a group of about 30 young people on bicycles were captured on video brutally beating and robbing a man in downtown Los Angeles. KTLA-TV reported.. The station’s video report, which includes cell phone video of the attack and interviews with the victim, can be viewed here. here. According to the sheriff’s office, […]
Dr. Phil’s Merit Street TV startup reportedly axes dozens of job : ‘Complete shock’
The media startup founded by famous TV talk show host Dr. Phil McGraw has reportedly laid off about a third of its 100 employees. Merritt Street Media, which McGraw founded earlier this year, completed its job cuts on Monday, cutting fewer than 40 jobs, mostly in its morning and evening news divisions, a source familiar […]
South Londoners raise £3k for street cleaner’s holiday – but bosses say no | London
A heartwarming story about a community coming together to show their appreciation for a man who helps keep their streets clean hit a snag when his boss told him he couldn’t accept holiday donations. In Beckenham, south-east London, more than 200 people have donated money to send Paul Spires to Portugal for a summer holiday. […]
Rep. Ritchie Torres presses DEA after animal tranquilizers found in NYC street drugs
WASHINGTON — Bronx Congressman Ritchie Torres is requesting information from the Drug Enforcement Administration after local health officials found the elephant tranquilizer carfentanil and the veterinary anesthetic medetomidine in street drugs in New York City. Carfentanil, a more potent analogue of fentanyl, Eight local opioid samples contained small amounts of the substance. According to the […]
Top Wall Street exec predicts ‘social unrest’ due to AI
Senior Wall Street finance executives say artificial intelligence could make many jobs, such as cashiers and drivers, unnecessary and lead to widespread social unrest. Armen Panossian, co-CEO of Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that while AI “clearly has the potential to deliver enormous economic benefits,” it also poses “the greatest […]