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| August 23, 2017

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Down With Confederate Monument, Up With Missy Elliott Statue?

August 22, 2017 |

The more than 25,000 people who’ve signed a viral online petition so far don’t just want a Confederate monument in Portsmouth, Virginia, removed—they want it replaced with a monument to Missy Elliott. The idea isn’t as random as it might seem; the iconic rapper hails from Portsmouth, BuzzFeed…

‘CEO of Purple Drank’ Brought Down by Own Instagram Page

August 21, 2017 |

The self-described “CEO of Purple Drank” will be operating out of a new office: federal prison. According to the Washington Post , a judge has sentenced Harrison Garcia, also known as “Cuban Harry” and “Muhammad_a_Lean,” to 30 years after the 27-year-old was found guilty of armed drug trafficking. The Miami Herald…

More Confederate Monuments Are Coming Down

August 17, 2017 |

Cities across America, fearing that they could become the site of the next Charlottesville-style confrontation between white supremacists and their opponents, are stepping up efforts to get rid of Confederate monuments. Four monuments were taken down in Baltimore overnight Tuesday in a surprise move ordered by the mayor, and cities…

Facebook Shut Down Employee Chat Room Over Harassing Messages

August 17, 2017 |

Facebook dismantled a popular anonymous discussion board for employees last year that had become a forum for conservative political debate that sometimes degenerated into racist or sexist comments. US Business

Wells Fargo chairman, two directors to step down amid continuing fallout from sham accounts scandal

August 16, 2017 |

Stephen Sanger, the chairman of Wells Fargo & Co., will step down from the board of the embattled bank effective Jan. 1 and will be replaced by former Federal Reserve official Elizabeth A. “Betsy” Duke, the bank announced Tuesday.

Two other long-serving directors, Cynthia H. Milligan and Susan G….

L.A. Times – Business

Dow Ends Day Down 204

August 11, 2017 |

Stocks are ending broadly lower on Wall Street, led by declines in technology companies and banks, two of the highest-performing sectors over the last year. Retailers were also falling Thursday, the AP reports. Macy’s slumped 10% after reporting its 10th straight decline in a key sales measure. Simmering tensions between…

Duterte: US ‘Toned Down’ Its Human Rights Concerns

August 8, 2017 |

The US already has a small military force in the Philippines to help in the fight against ISIS, but NBC News reports that the Pentagon might ramp things up by allowing US drones to conduct airstrikes. The strikes would be part of an official military mission that could be unveiled…

How do you shut down a failing financial giant? Lawmakers can’t seem to agree

August 7, 2017 |

Did Dodd-Frank end bank bailouts or guarantee they’ll return in the next financial crisis?
L.A. Times – Business