As part of the arrangement, Google is required to let employees speak with the media about their employment without getting permission, which marks a change for a company that has exercised tight restrictions over conversations with the press. The company also has to say that it will comply with federal […]
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Children not exempt from Trump’s toughest asylum policy and will be turned back, officials say
U.S. Border Patrol agents take into custody a father and son from Honduras near the U.S.-Mexico border on June 12, 2018 near Mission, Texas. John Moore | Getty Images Following the Supreme Court’s decision to allow the Trump administration to go forward with its toughest asylum policy to date, officials […]
Actress Felicity Huffman sentenced to two weeks in jail in college admissions cheating case
Oscar-nominated actress Felicity Huffman was sentenced Friday to 14 days in jail for paying thousands of dollars to fraudulently boost her daughter’s chances of attending an elite university. Huffman was also ordered by federal Judge Indira Talwani to pay a $30,000 fine and perform 250 hours of community service. The […]
Inside Treasury Secretary Steven Mnuchin’s Park Avenue duplex on sale for $27.5 million
The Park Avenue home of U.S. Treasury Secretary Steven Mnuchin has had a price drop: The Manhattan duplex is now listed at $27.5 million. The apartment was originally listed in September 2018 at $32.5 million. The price was then reduced to $29.5 million in January, according to Realtor.com. The five-bedroom, […]
Apple disputes negative Goldman call hitting the stock, says TV+ will not have ‘material impact’
Apple disputed the negative call by Goldman Sachs on Friday, which hit the stock, taking issue with the firm’s negative characterization on how Apple would account for its new TV+ service. Goldman said that the one-year free trial of the TV+ service would have a “material negative impact” on earnings […]
Week ahead: The stock market is poised to set a new record if the Federal Reserve delivers
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters The Federal Reserve is expected to cut interest rates by a quarter point on Wednesday, but what it says about its future […]
Lumber Liquidators tumbles after founder, former CEO backs out of buyout bid, sells shares
Shares of flooring company Lumber Liquidators plunged Friday after founder and former CEO Thomas Sullivan decided to opt out of his bid to find a buyer for the company, a week after he announced the buyout plan. Sullivan also sold the majority of his stake in the company. The founder […]
Lumber Liquidators tumbles after founder shelves buyout and sells shares for a quick profit
Shares of flooring company Lumber Liquidators plunged Friday after founder and former CEO Thomas Sullivan decided to opt out of his bid to find a buyer for the company, a week after he announced the buyout plan. Sullivan also sold the majority of his stake in the company. The founder […]
Virginia AG quiet on potential probe of Jerry Falwell Jr.’s Liberty U. after bombshell report
U.S. President Donald Trump (L) and Jerry Falwell (R), President of Liberty University, on stage during a commencement at Liberty University May 13, 2017 in Lynchburg, Virginia. President Trump is the first sitting president to speak at Liberty’s commencement since George H.W. Bush spoke in 1990. Alex Wong/Getty Images Virginia […]
‘The most important chart in the world’ offers a warning sign for stocks
Government bond yields recently held above an important level, but the next test may prove dangerous for the stock market. The benchmark 10-year Treasury note yield tested 1.5% in late August and early September, bouncing off that level and most recently trading around 1.8%. That’s the third time the barrier […]