Waters and Green Complete Investigation of Meme Stock Market Event; Release Report Revealing the Troubling Business Practices and Inadequate Risk Management Leading up to the Trading Frenzy

Waters and Green Complete Investigation of Meme Stock Market Event;  Release Report Revealing the Troubling Business Practices and Inadequate Risk Management Leading up to the Trading Frenzy

Today, Congresswoman Maxine Waters (D-CA)Chairwoman of the Committee on Financial Services, and Congressman Al Green (D-TX)Chair of the Subcommittee on Oversight and Investigations, released a Majority staff report entitled, “Game Stopped: How the Meme Stock Market Event Exposed Troubling Business Practices, Inadequate Risk Management, and the Need for Regulatory and Legislative Reform.” GameStop Corporation (GameStop) … Read more

Apple and Google should face FTC probe over ad practices that could end up harming abortion-seekers, US lawmakers say

Apple and Google should face FTC probe over ad practices that could end up harming abortion-seekers, US lawmakers say

Washington CNN Business — The Federal Trade Commission should investigate Apple and Google over what they initially told consumers about how their information would be used for advertising purposes, according to a group of US lawmakers warning that the loosely regulated data industry could result in particular harms to abortion-seekers. In a letter dated Friday … Read more

Adidas, Nike and Disney join wave of companies that’ll cover employee abortion travel costs

Adidas, Nike and Disney join wave of companies that'll cover employee abortion travel costs

A slew of companies will cover travel expenses for employees that have to travel out of their state for an abortion after the Supreme Court overturned federal protections for the procedure. Gemunu Amarasinghe / AP JPMorgan Chase, the largest bank in America, and two athletic apparel giants with a significant presence in the Northwest have … Read more

Recession is challenging inflation as top fear among stock and bond investors

Recession is challenging inflation as top fear among stock and bond investors

It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for many investors, another potential bugaboo … Read more

Club Pheasant Restaurant in West Sacramento to close at end of the year

Club Pheasant Restaurant in West Sacramento to close at end of the year

A West Sacramento restaurant in business for 87 years and known for its ravioli has announced that it plans to close its doors at the end of 2022. Club Pheasant said on its website that the Palamidessi family-owned restaurant had “made the tough decision” to close and that “to say it’s been an honor being … Read more

Will Las Vegas Strip Casinos Ban a Popular Bad Habit?

Will Las Vegas Strip Casinos Ban a Popular Bad Habit?

Las Vegas caters to every sin. You can experience “pride” when you pull off some sort of improbable gambling beat, “greed” when you see your winnings pile up, “lust” during all sorts of R-rated performances, “gluttony” as you partake of the city’s many fine culinary offerings (and its endless buffets), “wrath” when your losing or … Read more