New York A.G. Schneiderman On $25 Million Settlement Agreement Reached In Trump University Case

New York A.G. Schneiderman On $25 Million Settlement Agreement Reached In Trump University Case

Albany, NY…Attorney General Eric T. Schneiderman issued the following statement on the $25 million settlement agreement reached in Trump University case: In 2013, my office sued Donald Trump for swindling thousands of innocent Americans out of ​millions of dollars through a scheme known as Trump University. Donald Trump fought us every step of the way, […]

Amazon.com Announces Third Quarter Sales Up 29% To $32.7 Billion

Amazon.com Announces Third Quarter Sales Up 29% To $32.7 Billion

Seattle, WA…Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2016. Operating cash flow increased 49% to $14.6 billion for the trailing twelve months, compared with $9.8 billion for the trailing twelve months ended September 30, 2015. Free cash flow increased to $8.6 billion for the trailing twelve months, […]

AT&T To Acquire Time Warner

AT&T To Acquire Time Warner

Dallas, TX and New York City, NY…AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal […]

All Tesla Cars Being Produced Now Have Full Self-Driving Hardware

All Tesla Cars Being Produced Now Have Full Self-Driving Hardware

Palo Alto, CA… Yesterday Tesla released that they will be installing self driving hardware on all new vehicles. Details from Tesla are as follows: Self-driving vehicles will play a crucial role in improving transportation safety and accelerating the world’s transition to a sustainable future. Full autonomy will enable a Tesla to be substantially safer than […]

Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

San Francisco, CA…Wells Fargo & Company (NYSE: WFC) announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, […]

EFF to Court: Public’s Right To Access The Law Should Not be Blocked By Bogus Copyright Case

EFF to Court: Public’s Right To Access The Law Should Not be Blocked By Bogus Copyright Case

Washington, D.C.—On Monday, September 12, Electronic Frontier Foundation (EFF) Legal Director Corynne McSherry will urge a federal court to confirm that the public has a right to access and share the laws, regulations, and standards that govern us and cannot be blocked by overbroad copyright claims. The court in Washington, D.C., is hearing arguments in […]

Odds Of Rate Increases Strengthen & The Fed’s Monetary Policy Toolkit ~ Chair Janet L. Yellen

Odds Of Rate Increases Strengthen & The Fed’s Monetary Policy Toolkit ~ Chair Janet L. Yellen

Jackson Hole, WY…The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the design, implementation, and communication of monetary policy. With the U.S. economy now nearing the Federal Reserve’s statutory goals of maximum employment and price stability, this conference provides a timely opportunity to […]

Economic Opportunity & Income Mobility (Status Of The American Dream) ~ A Speech By William C. Dudley, Federal Reserve Bank of New York

Economic Opportunity & Income Mobility (Status Of The American Dream) ~ A Speech By William C. Dudley, Federal Reserve Bank of New York

New York, NY…Good morning. I am very pleased to speak at the 6th Annual Community Development Conference. I would like to give a special thanks to the Association for Neighborhood and Housing Development for organizing this conference about issues of importance to the community development industry and to the future of New York City. At […]

Hornblower’s Third Season Boasts Earliest Opening

Hornblower’s Third Season Boasts Earliest Opening

Niagara Falls, Ont…Hornblower Niagara Cruises opened its doors for a third season of thrilling passengers on its legendary boat tours into the mighty Niagara Falls. The attraction officially opened to the public on Friday, April 1, 2016. “We’re ecstatic to announce the opening of our third year of operations in Niagara Falls,” said Terry MacRae, […]

A Note To Apple Customers On IOS Encryption & San Bernadino Case ~ By Tim Cook

A Note To Apple Customers On IOS Encryption & San Bernadino Case ~ By Tim Cook

Cupertino, CA…”The United States government has demanded that Apple take an unprecedented step which threatens the security of our customers. We oppose this order, which has implications far beyond the legal case at hand. This moment calls for public discussion, and we want our customers and people around the country to understand what is at […]