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Equifaxs Hacking Nightmare Gets Even Worse For Victims

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After Equifax Inc. revealed that sensitive data on two of every five Americans was exposed in a cyberattack, thousands logged onto a company website to see if they were at risk. For many, the site didn’t work at first. But for those who got through, a nasty surprise was waiting. If your data had been stolen, Equifax offered a free year of credit monitoring known as “TrustedID Premier.” But some fine print may also mean that consumers who agree would be giving up the right to sue over many types of damages related to the massive penetration. The unprecedented breach, which [...]

Wells Fargo Boosts Fake-Account Estimate 67% to 3.5 Million

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Wells Fargo & Co. raised its estimate for how many bogus accounts employees may have created, a sign the bank is still struggling to move past a scandal that sparked record fines and congressional investigations. An outside review into more than 165 million deposit and credit-card accounts found an additional 1.4 million that were potentially unauthorized, bringing the total to about 3.5 million, according to a statement Thursday from the San Francisco-based firm. The revised estimate covers January 2009 to September 2016, almost twice as long as the period examined in the initial review. The disclosure of even more fraudulent [...]

Monsanto Was Its Own Ghostwriter for Some Safety Reviews

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Monsanto Co. started an agricultural revolution with its “Roundup Ready” seeds, genetically modified to resist the effects of its blockbuster herbicide called Roundup. That ability to kill weeds while leaving desirable crops intact helped the company turn Roundup’s active ingredient, the chemical glyphosate, into one of the world’s most-used crop chemicals. When that heavy use raised health concerns, Monsanto noted that the herbicide’s safety had repeatedly been vetted by outsiders. But now there’s new evidence that Monsanto’s claims of rigorous scientific review are suspect. Dozens of internal Monsanto emails, released on Aug. 1 by plaintiffs’ lawyers who are suing the [...]

London Banker Denies Being Jogger Who Pushed Woman in Buss Path

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Eric Bellquist, a partner at Hutton Collins & Co., denied that he was the jogger who pushed a woman into the path of a bus earlier this year after he was arrested by London police investigating the assault. The 41-year-old was arrested Thursday by the Metropolitan Police on suspicion of causing grievous bodily harm during the May 5 incident on Putney Bridge over the Thames River. The private-equity specialist was out of the country when the assault occurred, his lawyer said. Pictures of a jogger crossing the south London Bridge during rush hour and pushing a 33-year-old woman into the road were widely shared [...]

Shkreli Decries Witch Hunt After Being Convicted of Securities Fraud

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Martin Shkreli, once dubbed "the most hated man in America," is now a convicted felon. Shkreli, notorious for raising the price of the potentially life-saving drug Daraprim by 5,000 percent, was found guilty Friday of defrauding investors in two hedge funds. He is now almost certain to go to prison. Shkreli faces as long as 20 years behind bars, although he’s likely to serve much less. U.S. District Judge Kiyo Matsumoto allowed him to return home and wished Shkreli well after the verdict was read. She said she would see him soon, though she hasn’t set a date for sentencing. “This [...]

Trump confirms he’s at least thinking about presidential pardons

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Can I pardon everyone? Image: AP/REX/Shutterstock President Donald Trump wakes up on Saturday mornings thinking about all the presidential pardons he could issue. His latest tweetstorm, about the unfairness of the investigation into his associates' ties to Russia, Anthony Scaramucci and Democratic obstruction, included an interesting tweet that's getting some attention. Only crime so far https://t.co/m0gAfHcvpt Jake Tapper (@jaketapper) July 22, 2017 How quickly we've reached the point in which the President's chosen defense is to lay the groundwork for his own attempted pardon. https://t.co/fB2Sa9Gv8G Evan McMullin (@Evan_McMullin) July 22, 2017 Are you going to try and pardon your family, [...]

Trump America-First Pipeline Plan Draws Ire of American Oil

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dominance."  The intense lobbying effort comes as the Commerce Department faces a Sunday deadline to give the president a plan to require oil and gas pipelines use American-made steel, an idea Trump embraced in the initial days of his presidency. While the U.S. has imposed "Buy American" rules on government purchases for decades, it would be unprecedented to force those obligations on privately funded, commercial projects. The blueprint from Commerce Secretary Wilbur Ross will set the stage for further protests from the oil industry, the The Williams Companies Inc. and Read More: Trump Pins Keystone, Dakota Pipeline Fate on Renegotiation [...]

This Is How Bad Its Getting for Wall Street Traders

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1) There’s Little Happening Traders can play Nintendo and head off to Massachusetts for an afternoon of golf. Or while away the afternoons swiping on Tinder. Traders at some of Wall Street’s biggest banks have time on their hands, because not enough is happening on the global stage to persuade investors to get involved, Bloomberg’s Laura J. Keller reports. The Federal Reserve is holding steady on its plan for interest rates, President Donald Trump’s agenda appears to be stalled, and there hasn’t been a big surprise event like the Brexit vote to provide volatility. “As a salesman or trader, it does get [...]

I Need More Mexicans: A Kansas Farmers Message to Trump

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Undocumented immigrants make up about half the workforce in U.S. agriculture, according to various estimates. But that pool of labor is shrinking, which could spell trouble for farms, feedlots, dairies, and meatpacking plantsparticularly in a state such as Kansas, where unemployment in many counties is barely half the already tight national rate. Two weeks ago, my boss told me, I need more Mexicans like you, says a 25-year-old immigrant employed at a farm in the southwest part of the state, who spoke on condition of anonymity because hes trying to get his paperwork in order. I said, Well, theyre kind [...]
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