Business

Sunday, December 22, 2024

Three major banks sued for fraud by the Consumer Financial Protection Bureau

  A government agency that protects consumers has sued JPMorgan Chase, Bank of America, and Wells Fargo. The three major banks and the operator of Zelle, a popular payment app, were sued last Friday, December 20. The Consumer Financial Protection Bureau accused them of allowing fraud to fester on Zelle’s peer-to-peer network. The CFPB says shoddy safeguards on the network […]
Sunday, September 22, 2024

U.S. wage gender gap widens for first time in a decade

Edwin J. Viera, reporter/producer, Connecticut News Service, a bureau of Public News Service.    New research shows the gender wage gap has widened. The U.S. Census Bureau found full-time working women make 82.7 cents for every dollar a man makes, down from 84 cents for every dollar in 2022. Connecticut echoes the trend statewide, particularly in the public sector workforce. Jamila K. Taylor, […]
Thursday, August 29, 2024

Fast food jobs increase in CA despite rising minimum wage

  Suzanne Potter, reporter/producer, California News Service, a bureau of Public News Service.   New data shows fast food jobs have been on the upswing in the four months since the minimum wage in the sector went from $16 to $20 an hour. The Bureau of Labor Statistics found California added 11,000 new fast-food jobs from April to July and showed increases […]
Tuesday, August 20, 2024

Report details price-gouging tactics by Big Pharma

  Eric Galatas, reporter/producer, Colorado News Connection, a bureau of Public News Service.   As advocacy groups take a victory lap for moving lawmakers to finally allow Medicare to negotiate lower prices for ten widely used medicines, a new report detailed how the makers of those drugs have gouged billions of taxpayer and consumer dollars. Kyle Herrig, senior adviser for the […]
Friday, July 19, 2024

CA workers encouraged to know their rights for hot days

  Suzanne Potter, reporter/producer, California News Service, a bureau of Public News Service.    California shattered heat records left and right this month and temperatures are forecast to be 10 degrees above normal for several days. Therefore,  the state wants to remind workers of their right to shade, free cold water, and rest breaks. Also, employers are required to train […]
Tuesday, July 9, 2024

Black women’s equal pay day is today

  By Suzanne Potter Reporter/Producer, California News Service, a bureau of Public News Service.    Today is Black Women’s Equal Pay Day, and at 11 a.m. PT, advocates hope to get the topic trending with a “social media storm.” The wage gap is stark. Black women working full-time, year-round, make 69 cents for every dollar made by non-Hispanic white men. The […]
Monday, March 11, 2024

The Anatomy of a Class Action Real Estate Lawsuit

California homeowners are just beginning to hear the grumblings of a recent class action lawsuit over real estate commissions in Missouri. Several major franchises have settled while at the same time, the National Association of Realtors (NAR) is appealing the decision. The class-action lawsuit was filed because many sellers claimed they were not informed that the buyer’s agent was being […]
Monday, February 19, 2024

Hip Hop legends Dr. Dre and Snoop create new gin and juice cocktail drink

Hip Hop legends Dr. Dre and Snoop Dogg are collaborating on a new venture. Earlier this month, during Super Bowl weekend in Las Vegas, they rolled out the first ready-to-drink product from their new premium spirits company. “Doggystyle” Album The beverage joint enterprise comes on the 30th anniversary of Snoop’s debut album “Doggystyle,” produced by Dr. Dre in 1994. On […]
Tuesday, October 10, 2023

A done deal: WGA membership overwhelmingly ratifies new contract

It’s a done deal. Writers Guild of America scribes officially give thumbs up to a new three year contract.  Yesterday, the WGA West announced on its website  the results of a contract vote by the rank and file. 99 percent of writers reportedly voted for the deal hammered out with the Alliance of Motion Picture and Television Producers. This brings […]