Connecticut News: Governor Malloy Announces Companies to Create Nearly 4,000 Jobs, Retain Over 15,000 Jobs Statewide

HARTFORD, CT – Connecticut Governor Dannel P. Malloy announced following yesterday’s state Bond Commission meeting that 16 companies have been approved for $80.7 million in assistance to relocate, expand, and create new jobs throughout the state.  In total, the companies are expected to retain 15,003 jobs and create 3,876 jobs. “The investments we’re making today … Continue reading Connecticut News: Governor Malloy Announces Companies to Create Nearly 4,000 Jobs, Retain Over 15,000 Jobs Statewide

KCS Holds Annual Meeting of Stockholders, Elects Twelve Directors & Announces Preferred and Common Dividends

KANSAS CITY, MO – Kansas City Southern (KCS) (NYSE:KSU) held its Annual Meeting of Stockholders on May 17, 2018 in Kansas City, Missouri.  With 88% of KCS’ outstanding common and preferred stock represented in person or by proxy at the Annual Meeting, the stockholders: elected Lydia I. Beebe, Lu M. Córdova, Robert J. Druten, Terrence … Continue reading KCS Holds Annual Meeting of Stockholders, Elects Twelve Directors & Announces Preferred and Common Dividends

Business Highlights

April 21, 2018 (AP)(STLRealEstate.News) — Wells Fargo fined $1B for mortgage, auto lending abuses NEW YORK (AP) — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest punishment levied against the banking giant for widespread customer abuses. The regulators penalized … Continue reading Business Highlights

NEW YORK | Audit clears Facebook despite Cambridge Analytica leaks

NEW YORK | April 20, 2018 (AP)(STL.News)  An audit of Facebook’s privacy practices for the Federal Trade Commission found no problems even though the company knew at the time that a data-mining firm improperly obtained private data from millions of users — raising questions about the usefulness of such audits. Facebook agreed to outside audits … Continue reading NEW YORK | Audit clears Facebook despite Cambridge Analytica leaks

Court overturns verdict against Luxembourg tax whistleblower

BRUSSELS/January 11, 2018 (AP)(STL.News) —A Luxembourg court has overturned a verdict against a former accounting firm employee who leaked thousands of secret documents to a journalist investigating sweetheart tax deals the government granted to big foreign companies. The Court of Cassation ruled Thursday that Antione Deltour should have been recognized as a whistleblower, a status that … Continue reading Court overturns verdict against Luxembourg tax whistleblower

SunEdison Emerges from Chapter 11 Restructuring

Company Successfully Completes Reorganization ST. LOUIS, MO/December 29, 2017 (STL.News) – SunEdison Inc. (“SunEdison” or the “Company”), announced that its Plan of Reorganization (the “Plan”) became effective yesterday and that the Company has emerged from Chapter 11 as a newly reorganized, privately held company. As previously announced, the Bankruptcy Court for the Southern District of … Continue reading SunEdison Emerges from Chapter 11 Restructuring

Construction temporarily stopped at church destroyed on 9/11

NEW YORK  /December 27,2017 (AP)(STL.NEWS) —Construction on a Greek Orthodox church to replace one that was crushed in the Sept. 11 attacks has been temporarily suspended amid rising costs and questions over how donations have been managed. The St. Nicholas National Shrine next to the World Trade Center memorial plaza was to replace a tiny … Continue reading Construction temporarily stopped at church destroyed on 9/11

Construction halted at church destroyed in Sept. 11 attacks

NEW YORK /December 26,2017 (AP)(STL.NEWS) — Construction on a Greek Orthodox church to replace one that was crushed in the Sept. 11 attacks has been temporarily suspended amid rising costs and questions over how donations have been managed. The St. Nicholas National Shrine next to the World Trade Center memorial plaza was to replace a … Continue reading Construction halted at church destroyed in Sept. 11 attacks