Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
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Column: The war on ‘junk fees’ is gaining ground, but the fight is not yet won
“I talk to a lot of banks,” Rep. Dan Meuser (R-Pa.) told Rohit Chopra, director of the Consumer Financial Protection Bureau, “and they’re really not happy with your agency.” He urged Chopra to “be responsive to the clientele you’re supposed to be helping.” With admirable restraint, Chopra replied: “Just to be clear, the clientele of…
Walmart Reversed Its Decision To Pull Guns And Ammo From Its Displays Over Civil Unrest Concerns
Walmart on Friday reversed their decision to remove all guns and ammunition displayed on the floor of its stores this week, amid concerns of civil unrest in major cities across the country after the killing of Black people by police. The major retailer had made a similar move in some of its stores in June…
SEC makes it easier to trade bitcoin in landmark decision
Comment on this storyComment Add to your saved stories Save The Securities and Exchange Commission voted Wednesday to allow Wall Street firms to offer easier ways to buy and sell bitcoin on financial markets, a major decision that could lead to the cryptocurrency becoming more mainstream just over a year after the crypto markets crashed….
Investigators Allege A Shocking Case Of Child Labor In A U.S. Meatpacking Plant
Regulators say Exclusive Poultry Inc. had kids as young as 14 working to debone chickens with sharp knives and “operate power-driven lifts to move pallets.”
Column: The truth about the Harvard president’s ouster
You may have heard during the last few days about the resignation by the president of a smallish university in New England. Pundits, politicians and alumni are currently locked in a debate over whether Claudine Gay’s decision to step down after only a months-long tenure as president of Harvard was due to accusations that she…
On Main Street, it’s time to prepare for the new state minimum wage hikes in 2024
A “Now Hiring” sign is posted in the drive thru of a McDonald’s restaurant on July 07, 2021 in San Rafael, California. Justin Sullivan | Getty Images More wage hikes are coming across U.S. states in 2024 and many Main Street businesses may feel the pinch. Not only are wages generally up from year-ago figures…
