Financial services

December 05, 2019 - 10:13 am
WASHINGTON (AP) — The Justice Department unsealed charges Thursday against two Russian men in what authorities say was one of the worst computer hacking and bank fraud schemes of the past decade. Maksim V. Yakubets, 32, of Moscow and Igor Turashev, 38, from Yoshkar-Ola, Russia were charged in the...
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FILE - In this Oct. 18, 2019, file photo, Pacific Gas and Electric Company workers bury utility lines in Paradise, Calif. Pacific Gas & Electric officials urged a federal bankruptcy judge to approve an insurance settlement that would enable the nation's largest utility to regain its financial footing while covering at least $20 billion in losses stemming from catastrophic wildfires tied to its equipment and negligence. (AP Photo/Rich Pedroncelli, File)
December 04, 2019 - 7:42 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment. The...
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Steve Cohen
AP Photo/File
Associated Press
December 04, 2019 - 5:07 pm
NEW YORK (AP) — A hedge fund manager whose company paid $1.8 billion in U.S. criminal and civil settlements is in negotiations to increase his stake in the New York Mets, who left open the possibility he eventually could become controlling owner. The team said Wednesday the deal between Sterling...
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Businesswoman Kelly Loeffler, right, smiles while being introduced by Georgia Gov. Brian Kem, left, as his pick to fill Georgia's vacant U.S. Senate seat at the Georgia State Capitol on Wednesday, Nov. 4, 2019, in Atlanta. (Alyssa Pointer/Atlanta Journal-Constitution via AP)
December 04, 2019 - 1:46 pm
ATLANTA (AP) — Georgia’s Republican governor has chosen a wealthy businesswoman and political newcomer to fill an upcoming vacancy in the U.S. Senate, flouting President Donald Trump’s preferred candidate in a play for moderate suburban voters. Gov. Brian Kemp formally announced his selection of...
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FILE - In this Nov. 28, 2018, file photo Microsoft CEO Satya Nadella speaks during the annual Microsoft Corp. shareholders meeting in Bellevue, Wash. Microsoft's shareholders voted Wednesday, Dec. 4, 2019, to defeat two proposals by activist investors that would have required the company to add a rank-and-file employee on its board of directors and study workplace gender pay disparities. (AP Photo/Ted S. Warren, File)
December 04, 2019 - 12:50 pm
Microsoft's shareholders have defeated two proposals by activist investors calling for the company to add a rank-and-file employee on its board of directors and report on gender disparities in company salaries. The company said Wednesday that neither proposal got enough support, according to...
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FILE-In this Tuesday, Sept. 6, 2011 file photo, Mary Brock, right, and Kelly Loeffler cheer from their courtside seats as the Atlanta Dream basketball team plays in the second half of their WNBA basketball game, in Atlanta. Republican donor and financial services executive Loeffler tapped by Georgia governor Kemp for U.S. Senate seat as three-term Republican Sen. Johnny Isakson, who is stepping down because of health issues. (AP Photo/David Tulis, File)
December 02, 2019 - 8:20 pm
ATLANTA (AP) — Georgia’s governor is expected to appoint a wealthy business executive to replace an outgoing U.S. senator, according to a GOP political consultant, bypassing President Donald Trump’s preferred pick and betting instead that a moderate woman can garner enough support to hold onto the...
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This Sunday, Dec. 1, 2019, photo shows rewards offered through Chase bank on an iPhone in the Brooklyn borough of New York. Banks want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. Wells Fargo became the latest bank to customize retail offers to individual customers. It joins Chase, Bank of America, PNC, SunTrust and a slew of smaller banks. (AP Photo/Jenny Kane)
December 02, 2019 - 12:27 pm
NEW YORK (AP) — There’s a powerful new player watching what you buy so it can tailor product offerings for you: the bank behind your credit or debit card. For years, Google and Facebook have been showing ads based on your online behavior. Retailers from Amazon to Walgreens also regularly suction up...
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President Donald Trump listens during an event to sign an executive order establishing the Task Force on Missing and Murdered American Indians and Alaska Natives, in the Oval Office of the White House, Tuesday, Nov. 26, 2019, in Washington. (AP Photo/ Evan Vucci)
December 02, 2019 - 10:08 am
WASHINGTON (AP) — President Donald Trump on Monday accused Argentina and Brazil of hurting American farmers through currency manipulation and said he’ll slap tariffs on their steel and aluminum imports to retaliate. Trump also called on America’s central bank to take action to prevent other...
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From left, European Central Bank President Christine Lagarde, European Commission President Ursula von der Leyen and European Council President Charles Michel attend an event to mark the 10th anniversary of the entry into force of the Lisbon Treaty at the House of European History in Brussels, Sunday, Dec. 1, 2019. (AP Photo/Olivier Matthys)
December 02, 2019 - 10:02 am
FRANKFURT, Germany (AP) — New European Central Bank President Christine Lagarde says that growth “remains weak” in the 19 countries that use the euro but gave no indication that she was contemplating more stimulus, saying the measures enacted under her predecessor were supporting the economy...
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Protesters chant slogans during ongoing protests against the Lebanese political class as riot police stand guard in front of Finance Ministry building in Beirut, Lebanon, Friday, Nov. 29, 2019. Protesters have been holding demonstrations since Oct. 17 demanding an end to widespread corruption and mismanagement by the political class that has ruled the country for three decades. (AP Photo/Bilal Hussein)
November 29, 2019 - 1:05 pm
BEIRUT (AP) — Angry motorists blocked roads with their vehicles in Beirut and other parts of Lebanon on Friday, creating traffic jams to protest a strike by owners of gas stations demanding an increase in gasoline prices as the local currency drops and the nation slides deeper into a financial...
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