A growing number of Coinbase customers are complaining that the cryptocurrency exchange withdrew unauthorized money out of their accounts. In some cases, this drained their linked bank accounts below zero, resulting in overdraft charges. In a typical anecdote posted on Reddit, one user said they purchased Bitcoin, Ether, and Litecoin […]
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Mass. regulators blast Scottrade for an ‘aggressive sales culture’ involving retirement accounts
Massachusetts authorities on Thursday accused discount brokerage Scottrade of practicing aggressive and improper sales practices, stating the firm “knowingly” violated established rules by linking sales contests to retirement accounts. In a complaint filed Thursday, state regulators detailed “an aggressive sales culture” at Scottrade that violated federal laws requiring investment firms […]
US court says Trump travel ban unlawfully discriminates against Muslims
President Donald Trump’s travel ban targeting people from six Muslim-majority countries violates the U.S. Constitution by discriminating on the basis of religion, a federal appeals court ruled on Thursday in another legal setback for the policy. The Richmond-based 4th U.S. Circuit Court of Appeals, on a 9-4 vote, became the […]
Here’s how a bold public school got a billionaire alum to donate $25 million
Public school superintendents listen up. Abington High School, outside Philadelphia, just got one of its former students, billionaire private equity titan and philanthropist Steve Schwarzman, to donate $25 million. How did the school do it? Schwarzman, co-founder of Blackstone Group, told CNBC on Thursday: “I was asked. That’s always the […]
Tech investor Roger McNamee: ‘I would like Google to be broken up into 8 or 10 different monopolies’
Silicon Valley’s biggest companies have gotten so powerful that at least some need to be taken apart, tech investor Roger McNamee said Thursday. “I’m OK with Google being a monopolist in search. What I don’t want them to do is to use that power to eliminate pricing engines in Europe. […]
VA Secretary David Shulkin expresses regret for travel errors, reimburses government for his wife
Veterans Affairs Secretary David Shulkin said he regrets mistakes he and others made during travel planning and ethics clearance processes that led to findings by the VA inspector general that he had misused taxpayer resources during a European trip last year. The inspector general found Shulkin improperly accepted Wimbledon tickets […]
The life-changing advice 22-year-old Oscar-nominee Timothee Chalamet got from Kid Cudi
The early, astronomical success of the 22-year-old Timothée Chalamet can be attributed in part to a conversation he had backstage at a concert in Montreal with rapper Kid Cudi. The breakout star is featured in two Best Picture contenders this year: Chalamet’s lead role as the heartthrob in “Call Me […]
You should leave this off your resume if you can’t back it up in a job interview
While highlighting a skill on a resume that’s relevant to a job is important, don’t bother including it if you can’t offer concrete examples during an interview, according to HR expert Barry Drexler. “Make sure you can back up whatever’s on your resume or take it off,” says Drexler, who […]
US factory output fails to grow for second straight month
U.S. factory output was flat for the second straight month in January, raising questions about the manufacturing outlook as production dropped in the aerospace, plastics and food industries. The lack of growth in U.S. manufacturing, reported on Thursday by the Federal Reserve, confounded analyst expectations for a 0.3 percent monthly […]
Apple, Teva rip higher on Buffett’s Berkshire investments
The Oracle of Omaha still has a touch for stocks. Teva Pharmaceutical climbed more than 9 percent in premarket trading Thursday after news late Wednesday that Warren Buffett‘s Berkshire Hathaway disclosed a $358 million stake in the drugmaker as of the end of the fourth quarter. The quarterly filing also […]