JPMorgan Chase has offered to pay about $3 billion to settle an array of pending Justice Department probes, The Wall Street Journal reported Tuesday, citing a person familiar with the discussions.The Justice Department argued JPMorgan would need to pay billions above the $3 billion offer to settle the cases, according to the person.The newspaper, citing people familiar with the matter, said that JPMorgan, the biggest US bank by assets, and the Justice Department had expanded the settlement talks to include an array of cases.
Michelle Allaby spent Thursday night carrying a stack of paper door-to-door in her Dartmouth, N.S., neighbourhood. She and two other mothers have amassed more than 350 signatures in protest of what they call “political correctness to the extreme.”
Less than a month before Father’s Day, the women are trying to reverse a year-old decision at Astral Drive Elementary School that has kept students from making a card or craft for the holiday.
The $6 billion sale of Neiman Marcus represents another victory for private equity firm Warburg Pincus, which took the first couple of spots in our list of Top 50 Dealmakers this year. It also confirms the allure of department store retailers, as a flurry of activity has involved rivals including Saks, which was a possible merger target with Neiman Marcus, and J.C. Penney.
Young reporter Habiba Ahmed Abd Elaziz of XPress, a United Arab Emirates publication, died of a gunshot wound today in Cairo. Her mother Sabreen Mangoud, published the last few text messages she shared with her daughter on Facebook.
Six children between one and five years old were left alone at an unlicensed home-based daycare in the Manitoba capital, police said Thursday.
The woman in charge, who was the sole caregiver, left the home at some point Tuesday, police said. A mother of one of the children arrived at 2 p.m. to pick up her child and was shocked to find no adults around.
“When the parent went there, there were … numerous knocks at the residence that met with negative results,” Det. Sgt. Natalie Aitken said.