Post Tagged with: "Business News"

JPMorgan Chase (NYSE: JPM-D) Discussing $11 Billion Settlement To End Crisis-Era Mortgage Probes

September 25, 2013 8:59 PM0 comments
JPMorgan Chase (NYSE: JPM-D) Discussing $11 Billion Settlement To End Crisis-Era Mortgage Probes

WASHINGTON – Federal and state authorities are discussing an $11 billion settlement with JPMorgan Chase that would resolve numerous allegations of mortgage-related improprieties in the years before the financial crisis, according to people familiar with the ongoing negotiations. The deal, if struck, would settle claims brought by the Federal Housing […]

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eMediaWorld.com Reports The Biggest Obamacare Change Won’t Affect Most Americans’ Insurance

September 23, 2013 11:21 AM0 comments
eMediaWorld.com Reports The Biggest Obamacare Change Won’t Affect Most Americans’ Insurance

The biggest part of President Barack Obama’s health care overhaul is just days away from its debut, and the American public remains confused. For many consumers, the most important question is personal: What do I have to do? If you’re one of the roughly 80 percent of Americans who already […]

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eMediaWorld.com Reports Rich-Poor Employment Gap Now Widest On Record

September 16, 2013 10:07 AM0 comments
eMediaWorld.com Reports Rich-Poor Employment Gap Now Widest On Record

WASHINGTON — The gap in employment rates between America’s highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press. Rates of unemployment for the lowest-income families – those earning […]

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eMediaWorld.com Reports Financial Crisis, Big Bank Bailout, Big Bank Ceos, Big Bank Executives, Big Banks, Financial Crisis Investigation, Business News

September 10, 2013 6:03 AM0 comments
eMediaWorld.com Reports Financial Crisis, Big Bank Bailout, Big Bank Ceos, Big Bank Executives, Big Banks, Financial Crisis Investigation,  Business News

Five years after the near-collapse of the nation’s financial system, the economy continues a slow recovery marred by high unemployment, hesitant consumers and sluggish business investment. Many of the top Wall Street bankers who were largely responsible for the disaster — and whose companies either collapsed or accepted billions in […]

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eMediaWorld.com Reports Time Warner To Remove U.S. Retirees From Company Health Plan

September 9, 2013 4:05 AM0 comments
eMediaWorld.com Reports Time Warner To Remove U.S. Retirees From Company Health Plan

NEW YORK – Time Warner Inc is planning to transfer its U.S. retirees from company-sponsored health plans and move them to private insurance exchanges. According to an August memo obtained by Reuters, the media company will make allocations to a Health Reimbursement Arrangement account for retirees to use towards the […]

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eMediaWorld.com Reports D.C. Mayor Yet To Make Decision On ‘Living Wage’ Bill That Could Kill Walmart’s Expansion Plans

September 5, 2013 1:22 PM0 comments
eMediaWorld.com Reports D.C. Mayor Yet To Make Decision On ‘Living Wage’ Bill That Could Kill Walmart’s Expansion Plans

WASHINGTON – District of Columbia Mayor Vincent Gray could decide as early as this week whether to sign a minimum wage bill that could discourage Wal-Mart Stores Inc , the world’s biggest retailer, from opening stores in the U.S. capital. The bill, approved by the City Council two months ago, […]

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eMediaWorld.com Reports Chicken Nuggets from China

1:20 PM0 comments
eMediaWorld.com Reports Chicken Nuggets from China

Where do chicken nuggets come from? The answer may not be straightforward following the Department of Agriculture’s announcement on Friday that it has approved four Chinese poultry processors to begin shipping meat to the U.S. According to The New York Times, the poultry that processors are allowed to ship will […]

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eMediaWorld.com Reports Robert Miles, Scammed Lottery Winner, To Claim Prize 7 Years Later

August 30, 2013 8:54 AM0 comments
eMediaWorld.com Reports Robert Miles, Scammed Lottery Winner, To Claim Prize 7 Years Later

SYRACUSE, N.Y. – A central New York maintenance worker duped out of a winning $5 million scratch-off ticket will get his money next month, seven years after being scammed out of the jackpot, state lottery officials said Thursday. The Gaming Commission has verified that the ticket belongs to Robert Miles […]

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eMediaWorld.com Reports Javier Martin-Artajo, Ex-JPMorgan Trader, Arrested In Connection To ‘London Whale’ Scandal

August 27, 2013 6:27 AM0 comments
eMediaWorld.com Reports Javier Martin-Artajo, Ex-JPMorgan Trader, Arrested In Connection To ‘London Whale’ Scandal

MADRID — A former JPMorgan Chase & Co. trader wanted by the United States for allegedly falsifying bank records to cover up $6 billion in trading losses was arrested in Madrid Tuesday, Spanish police said. A statement said Spaniard Javier Martin-Artajo, 49, was arrested after he presented himself to police […]

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eMediaWorld.com Reports Starbucks (NASDAQ:SBUX) Won’t Cut Worker Hours, Benefits Ahead Of Obamacare

August 26, 2013 6:05 PM0 comments
eMediaWorld.com Reports Starbucks (NASDAQ:SBUX) Won’t Cut Worker Hours, Benefits Ahead Of Obamacare

NEW YORK – Starbucks Coffee Co will not follow the lead of other companies that are cutting health insurance benefits or reducing hours for employees in anticipation of the U.S. Affordable Care Act, the coffee shop chain’s CEO Howard Schultz told Reuters on Monday. “Other companies have announced that they […]

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