Amid all the headlines over a $130,000 payment porn star Stormy Daniels received from an attorney representing President Donald Trump, there’s one party not mentioned. That would be the Internal Revenue Service. Uncle Sam will likely want to collect taxes on the money. Daniels, whose real name is Stephanie Clifford, […]
FAN Editor
Budget airline considers seats that don’t recline to cut costs
Mexican budget airline Volaris has a big decision to make: should seats on its airplanes recline? The airline is set to receive dozens of new narrow-body Airbus jets over the next six years. It expects its fleet to grow to 124 planes by 2026, up from the 71 aircraft it […]
A look at who could next run Goldman Sachs
The search is apparently on for the next leader of the iconic Wall Street firm Goldman Sachs. CEO Lloyd Blankfein could step down as soon as the end of the year, The Wall Street Journal reported Friday, citing sources familiar with the situation. A power transition would likely be quick […]
The Latest: Cost for California bullet train soars to $77B
article The Latest on California’s high-speed rail project (all times local): Continue Reading Below 11:10 a.m. The projected cost of California’s bullet train from San Francisco to Los Angeles has jumped 20 percent to $77 billion and the opening date has been pushed back four years to 2033. The numbers […]
Trump Org says it donated $151,470 in profits to US Treasury
article A Trump Organization executive says the company has donated $151,470 in foreign government profits at its hotels and similar businesses last year to the U.S. Treasury. Continue Reading Below Company official George Sorial says the voluntary donation fulfills the company’s pledge to donate profits from foreign government patronage while […]
The Latest: The Latest: ‘Pharma Bro’ sentenced to prison
article The Latest on the sentencing of “Pharma Bro” Martin Shkreli (all times local): Continue Reading Below 2 p.m. The self-promoting “Pharma Bro” vilified for jacking up the price of a lifesaving drug has been sentenced to prison for securities fraud. Pharmaceutical executive Martin Shkreli (SHKREL’-ee) was sentenced Friday to […]
“Pharma Bro” Martin Shkreli sentenced to 7 years in prison for fraud
Last Updated Mar 9, 2018 2:30 PM EST Former pharmaceutical executive Martin Shkreli wept and apologized before being sentenced to seven years in prison on Friday for securities fraud. A U.S. District Court judge in Brooklyn handed down the sentence after a jury in August found him guilty of defrauding […]
ACLU accuses U.S. of separating immigrant families
HOUSTON — The American Civil Liberties Union (ACLU) filed a class-action lawsuit Friday accusing the U.S. government of broadly separating immigrant families seeking asylum. The lawsuit follows action the ACLU took in the case of a Congolese woman and her 7-year-old daughter, who the group said was taken from her […]
Trump and Kim Jong Un’s planned meeting draws praise from China, Russia, Japan
President Donald Trump‘s plan to meet face-to-face with North Korea‘s Kim Jong Un elicited expressions of cautious optimism from some of the countries that may have the most at stake from Pyongyang’s nuclear program. “Meeting being planned!” Trump tweeted late Thursday ET, just hours after he spoke to South Korean […]
Oil prices rise more than 2 percent amid broad market optimism
FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S., May 3, 2017. REUTERS/Ernest Scheyder/File Photo March 9, 2018 By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose more than 2 percent on Friday, rebounding from two days of declines as Wall Street […]