NEW YORK — A woman is accusing Steven Seagal of rape, saying he assaulted her when she was 18 years old in 1993. The once-aspiring actress said Seagal raped her at a wrap party for the film “On Deadly Ground,” claiming he undressed her and assaulted her on his bed […]
FAN Editor
Wall Street could face a #MeToo tsunami
Predictably, the #MeToo wave is slowly creeping back up on the shores of Wall Street. It started to gain more attention last month with Morgan Stanley’s decision to fire former Congressman Harold Ford. But it took a new and potentially explosive turn this week. A lawsuit filed by a fund […]
Gamer anger over ‘microtransactions’ will hurt Activision, Electronic Arts: Analyst
The controversy over in-game microtransactions will have a lasting negative impact on game publishers, according to one Wall Street firm. Cowen reiterated its market perform ratings for Activision Blizzard’s and Electronic Arts’ shares, citing increasing development costs. “Game development times are getting longer, and R&D costs are growing faster than […]
U.S. opens sexual abuse investigations in sports amid gymnastics scandal
FILE PHOTO: Larry Nassar, a former team USA Gymnastics doctor who pleaded guilty in November 2017 to sexual assault charges, is escorted into the courtroom during his sentencing hearing in Lansing, Michigan, U.S., January 24, 2018. REUTERS/Brendan McDermid/File Photo January 26, 2018 By Jonathan Allen and David Shepardson (Reuters) – […]
Here’s how Trello sets its remote workers up for success
Recently, major companies like IBM, Aetna and Bank of America have called their remote employees back in the office to improve collaboration and productivity. But one CEO who has vowed to keep his remote policy and prove its effectiveness is Trello’s Michael Pryor. He tells CNBC Make It that his […]
Richardson says Suu Kyi living in a ‘bubble’, but is Myanmar’s best hope
Former New Mexico governor Bill Richardson speaks during an interview with Reuters as a member of an international advisory board on the crisis of Rakhine state in Yangon, Myanmar January 24, 2018. REUTERS/Ann Wang January 26, 2018 LONDON (Reuters) – Myanmar’s leader Aung San Suu Kyi is “isolated” and living […]
Tillerson to visit Latin America Feb. 1-7: State Department
U.S. Secretary of State Rex Tillerson attend a press conference with Britain’s Foreign Secretary Boris Johnson in London, January 22, 2018. REUTERS/Toby Melville January 26, 2018 WASHINGTON (Reuters) – U.S. Secretary of State Rex Tillerson will travel to Latin America from February 1 to 7, visiting Argentina, Colombia, Mexico and […]
Tax reform windfall: These companies are hiking pay, delivering bonuses
FedEx on Friday said it would raise pay for its employees due to the recently-enacted GOP tax plan, joining several other major corporations in rewarding workers. Continue Reading Below The company announced a $200 million investment to increase employee pay, with roughly two-thirds of the money earmarked for FedEx’s hourly […]
Colgate-Palmolive shares fall on sales, growth concerns
NEW YORK – Colgate-Palmolive Co. shares fell Friday after the consumer products maker posted revenue that missed forecasts. Continue Reading Below The maker of toothpaste, dishwashing liquid and other household goods reported fourth-quarter earnings of $323 million, or 37 cents per share. The latest quarter includes a charge related to […]
Police say Canadian billionaire, wife apparently murdered
TORONTO –– Police said Friday they believe Canadian drug-company billionaire businessman Barry Sherman and his wife were both murdered. Det. Sgt. Susan Gomes said investigators came to the conclusion after six weeks of investigation, but declined to discuss possible motives or suspects. The founder of generic drugmaker Apotex and his […]