The Justice Department announced Friday a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods. It is the first major expansion of redlining investigations since the Obama administration. As part of the effort, the Justice Department as well as the Consumer …
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A bankruptcy move from Johnson & Johnson could stall any talcum powder settlements for the thousands of families that have sued the company for billions of dollars in damages in recent years. Officials with Johnson & Johnson said they have created a new subsidiary called LTL Management. Johnson & Johnson …
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California became the first state to say large department stores must display products like toys and toothbrushes in gender-neutral ways, a win for LGBT advocates who say the pink and blue hues of traditional marketing methods pressure children to conform to gender stereotypes. The new law, signed by Democratic Gov. …
Read More »A meteoric rise in the share price of GameStop has trained the eyes of stock market watchers on a fast-growing Reddit discussion board called Wallstreetbets, where it appears that 20-somethings armed with cheap and easy stock-trading apps like Robinhood, MooMoo and TradeStation are targeting stocks to soar and hedge funds for …
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Chuck E. Cheese’s parent company, CEC Entertainment, said Thursday it is filing for Chapter 11 bankruptcy protection, citing the “financial strain” of mass restaurant closures due to the coronavirus pandemic. The company said it expects to continue operating many of the family-oriented restaurants, which include the Peter Piper Pizza chain, …
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Disney CEO Bob Iger, who steered the absorption of Star Wars, Marvel and Fox’s entertainment businesses and the launch of a Netflix challenger, is stepping down immediately, the company said in a surprise announcement Tuesday. The Walt Disney Co. named as his replacement Bob Chapek, most recently chairman of Disney’s parks, …
Read More »Black parents looking to take their kids to a Santa Claus who looks like them can now turn to technology for help, thanks to a Texas mom who developed an app after several years of struggling to find a St. Nick her twin sons could relate to. Citing studies that …
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Jeopardy! contestant James Holzhauer needed just $58,484 in winnings to exceed Ken Jennings’ record of $2.5 million.Holzhauer has provided the correct questions for 1,160 pieces of trivia, while asking only 36 incorrect questions. The average Jeopardy! champion takes away $19,980, according to fan site TheJeopardyFan.com. Love him or hate him, Jeopardy! …
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