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Capital One has received a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in both “willful and negligent violations of the Bank Secrecy Act (BSA) and its implementing regulations.” Capital One (COF) admitted that it had deliberately failed to implement and maintain an effective Anti-Money Laundering program, with it also not
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Pompeo: “Communist China is already within our borders.” twitter.com/SecPompeo/status/1350497517356642306?s=09 JUST IN – Pompeo: “Communist China is already within our borders.”pic.twitter.com/XsG3PScvkf — Disclose.tv 🚨 (@disclosetv) January 16, 2021 Related: It’s been one full year and China still has not allowed a thorough investigation. www.state.gov/fact-sheet-activity-at-the-wuhan-institute-of-virology/ h/t AllForTheGains
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Take a look at some of the biggest movers in the premarket: JPMorgan Chase (JPM) – The bank reported fourth-quarter earnings and revenue that topped Wall Street forecasts. Strong trading and investment banking results were among the factors helping the company’s bottom line. PNC Financial (PNC) – PNC reported better-than-expected revenue and earnings for the
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It’s been a stellar week for Acorda Therapeutics (ACOR) investors. The stock skyrocketed over 60% after the company announced it is selling its manufacturing operations for Inbrija – Acorda’s FDA approved treatment of OFF episodes in Parkinson’s disease – which should also reduce its headcount by 16%. The company’s 90,000 square-foot, FDA-inspected CGMP facility in
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by confoundedinterest17 Enter Biden/Harris. President elect Joe Biden is touting a $1.9 trillion Covid relief package once he is seated. Today’s industrial production reading for December show IP improving from -5.41 YoY in November to -3.58% YoY in December. Capacity utilization increased from 73.39% in November to 74.54% in December. So, Biden is inheriting an improving
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Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both
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by Martin Armstrong The Entire Dutch Government resigned today showing that career politicians are just corrupt and this is what we will see as revolutions start to unfold. The resignations came after a scandal involving the mismanagement of childcare funds where the politicians demanded thousands of families into financial hardship had to repay the money they were
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by mapi Are American’s ready for a national United States Postal Service (USPS) biometric criminal background check program? What initially started out as an employee criminal background screener program has morphed into a biometric criminal background check program for the public. In 2019, the USPS innocuously began installing fingerprint scanners in post offices so they could scan
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Nokia has teamed up with Google Cloud to develop 5G core network infrastructure and enable business customers to offer a platform for smart retail, automated manufacturing, and other online consumer experiences. As part of the partnership, Google (GOOGL) Cloud will provide the platform for communications service providers (CSPs) to modernize their network infrastructures and unlock
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by Chris Black It is really, really important to the system that people get this vaccine, despite the fact that they’ve already stated that it probably doesn’t work and it won’t result in an end to the lockdowns, or really even change anything at all. Proof of vaccination or immunity could help countries open their borders
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Share this on WhatsApp The US National Highway Traffic Safety Administration (NHTSA) urged Tesla to recall around 158,000 vehicles over safety concerns. Shares declined 1.3% in Wednesday’s after-market trading. Tesla’s (TSLA) vehicles that have been asked to recall involve 2012-2018 Model S and 2016-2018 Model X. The US car-safety regulator stated that its Office of
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