Tag Archives: news

Can the Goldmans, Browns collect money from O.J. Simpson’s estate?

O.J. Simpson, who died Thursday, was acquitted in 1995 of the murder of his ex-wife Nicole Brown Simpson and her acquaintance Ronald Goldman, but two years later was found liable for their deaths in a civil proceeding. While the California jury in that civil case entered a $33.5 million US judgment, the Brown and Goldman families’ quest to obtain significant …

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Morgan Stanley Facing Probes of Anti-Money Laundering

Morgan Stanley is reportedly facing investigations by several agencies into how its wealth management division vets and monitors clients who may pose money-laundering risks. The Securities and Exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC), the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC) and the Federal Reserve are probing the bank, The Wall Street Journal (WSJ) reported Thursday (April 11), citing unnamed sources. …

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58% of U.S. Consumers Sell Used Clothes to Earn Extra Money

In the latest edition of “The Paycheck-to-Paycheck Report: High-Income Consumers Lead Surprising New Data on Side Hustles,” PYMNTS Intelligence explored a variety of methods U.S. consumers pursue to pick up a little extra cash. For some, doing so is a necessity. Fifty-nine percent of U.S. consumers live paycheck to paycheck, including 42% of those earning more than $100,000 per year, …

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4 Ways bp Is Investing in the Future of Mobility

Photograph courtesy of bp bp is investing in the future of mobility by shining a spotlight on a few areas of the business. Alternative fuels, electric vehicle (EV) charging stations for larger vehicles and a better customer experience are taking center stage right now at the energy company. BP America Inc./Thorntons is No. 7 on CSP’s 2023 Top 202 ranking of U.S. convenience-store chains by …

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Microsoft to Invest $2.9 Billion for AI Projects in Japan

Microsoft will reportedly invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Reuters reported Tuesday (April 9). The company will announce this investment Tuesday, while Japanese Prime Minister Fumio Kishida is visiting Washington, …

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Walmart Settlement: Shoppers May Be Able to Claim up to $500

Many companies featured on Money advertise with us. Opinions are our own, but compensation and in-depth research may determine where and how companies appear. Learn more about how we make money. Have you recently shopped for groceries at Walmart? You may be eligible to claim up to $500 from a major class action lawsuit over allegedly misleading prices. To qualify …

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Oracle Intros AI-Powered Anti-Money Laundering Service for Banks

Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. The new Oracle Financial Services Compliance Agent “identifies and remediates vulnerabilities,” the company said in a Monday (April 8) press release. “Putting Compliance Agent in the hands of financial-crime compliance officers will help enable banks to thwart potential money laundering opportunities more quickly and economically,” Jason Wynne, global …

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First Source for Women ‘investing in the gift of life’

First Source for Women held its annual banquet fundraiser on April 4, 2024, at Loft 212, with comedian Gordon Douglas performing. (Cheyenne Sharp) CULLMAN, Ala. – Local pregnancy resource center First Source for Women held its annual banquet fundraiser Thursday, April 4, at Loft 212.   Executive Director Janet Davis and Board President Julia Rushing both spoke to the night’s …

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Terraform Labs and Co-Founder Convicted of Defrauding Investors

A jury in a U.S. District Court has found Terraform Labs and its co-founder, Do Kwon, liable for defrauding investors in crypto asset securities. The court found earlier that the company and Kwon unlawfully offered and sold crypto asset securities, the Securities and Exchange Commission (SEC), which brought the lawsuit, said in a Friday (April 5) statement.  “Terraform Labs and Kwon, its former CEO, deceived …

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