U.S. Bank Cited by Federal Authorities for Lapses on Money Laundering
The bank, which was accused of neglecting safeguards against illegal activity and of lying to a regulator, agreed to pay $613 million in fines and penalties to resolve the case.
Source: https://www.nytimes.com/2018/02/15/business/us-bank-money-laundering.html?partner=rss&emc=rss
N.B.A. Stars Get Into the Hollywood Game
Los Angeles is suddenly crawling with basketball royalty like Kobe Bryant, LeBron James and Kevin Durant, who are developing TV shows, streaming offerings and movies.
Source: https://www.nytimes.com/2018/02/15/business/media/kobe-bryant-lebron-james-kevin-durant-hollywood.html?partner=rss&emc=rss
Common Sense: Inflation and Stocks Are Both Up, and That’s Stirring Some Worries
It’s long been believed that inflation and higher interest rates are bad for stock prices. Now, it’s unclear how the markets will react.
Source: https://www.nytimes.com/2018/02/15/business/inflation-stocks-interest-rates.html?partner=rss&emc=rss
Source: https://www.nytimes.com/pages/business/index.html?partner=rss&emc=rss