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Citibank fined $26 million for ‘treating Armenian Americans like criminals,’ US agency says

Published Tue, 05 Nov 2024 15:36:09 GMT

Citibank illegally discriminated against Armenian Americans for years by singling them out on credit card applications based on their surnames, a federal regulator alleged on Wednesday.The Consumer Financial Protection Bureau found that from at least 2015 through 2021, Citi “targeted” retail services credit card applicants whom employees associated with Armenian national origin.“Citi treated Armenian Americans as criminals who were likely to commit fraud,” the CFPB alleged.Citi applied more stringent criteria to suspected Armenian Americans’ applications, including “denying them outright,” placing blocks on the accounts and requiring additional information, according to the regulator.The bank then “hid” the discrimination by giving consumers “false reasons” for credit denials, the CFPB said.Related ArticlesBusiness | Internal documents reveal the story behind California’s unemployment crash Business | Bank deposit delays: Some customers still haven’t been ...

BART ‘Safe & Clean Plan’ Listening Tour asks for direct rider feedback at the stations

Published Tue, 05 Nov 2024 15:36:09 GMT

(KRON) -- Bay Area Rapid Transit officials plan to start a month-long tour across several BART stations to get feedback directly from riders on location. The first stop will catch morning commuters on Nov. 9 at the Fruitvale station from 7:45 a.m. to 8:45 a.m.The Safe & Clean Plan Listening Tour will be the third for BART General Manager Bob Powers and the first for Chief of Police Kevin Franklin, the transit agency said. According to BART, the tour will allow officials to hear directly from riders and learn how the day-to-day commute experience is for them. The general manager and chief of police will be at the stations during the busiest times. Oakland Arena, Coliseum record best fiscal year ever after sold-out Bad Bunny, K-pop concerts BART officials said with the recent boost in train patrols and schedule changes to emphasize shorter trains, the number of trains negatively impacted by BART Police Department incidents fell by more than 60% since May.Officials expect another...

Man arrested for allegedly robbery at a San Mateo Walgreens

Published Tue, 05 Nov 2024 15:36:09 GMT

(BCN) -- A 24-year-old man was arrested after allegedly robbing a Walgreens store in San Mateo on Wednesday morning, according to police.Around 10 a.m. Wednesday, officers were alerted to a report of a robbery at a Walgreens store at 191 East 3rd Avenue, the San Mateo Police Department said in a news release.Officers learned a man stole items from the store and when he was confronted, he punched an employee before fleeing the scene. The employee described the suspect and gave the suspect's direction after leaving the store. San Francisco bakery burglarized in SoMa neighborhood, community contributes to recovery efforts A few blocks away from Walgreens, police found a man matching the employee's description. When he was contacted, officers allegedly found in his possession the stolen merchandise.The suspect was identified Desiree Baquero. He was arrested and booked into San Mateo County Jail on suspicion of robbery.Those with relevant information are asked to contact the San Mateo ...

Global Ship Lease: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 15:36:09 GMT

MAJURO, Marshall Islands (AP) — MAJURO, Marshall Islands (AP) — Global Ship Lease Inc. (GSL) on Thursday reported profit of $85.1 million in its third quarter.The Majuro, Marshall Islands-based company said it had profit of $2.34 per share. Earnings, adjusted for non-recurring gains, were $2.33 per share.The containership owner posted revenue of $174.5 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSL at https://www.zacks.com/ap/GSLSource

Mourinho and Sarri exchange jibes ahead of Rome derby in Serie A

Published Tue, 05 Nov 2024 15:36:09 GMT

MILAN (AP) — Despite Roma and Lazio being involved in European competition, much of the attention this week has been focused on Sunday’s derby match in Serie A and the barbs have been flying.After Lazio beat Feyenoord 1-0 in the Champions League on Tuesday, coach Maurizio Sarri said his team had gone to “war” against the Dutch side, while he deemed Roma’s Europa League game against Slavia Prague later on Thursday to be just a “friendly match.”Roma’s highly successful coach José Mourinho claimed he wasn’t bothered by the comments but then made a thinly-veiled attack on Sarri, who won the Serie A title with Juventus in 2020 and the Europa League with Chelsea the previous year.“If someone should feel offended about that comment, it is Slavia Prague and not me,” Mourinho said when asked about Sarri’s remarks. “The way in which the coach talked it’s as if to say that Slavia has no quality.“I always respect my opponents. Perhaps the difference between a coach who has won 26 titles and ano...

Aemetis: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 15:36:09 GMT

CUPERTINO, Calif. (AP) — CUPERTINO, Calif. (AP) — Aemetis Inc. (AMTX) on Thursday reported third-quarter net income of $30.7 million, after reporting a loss in the same period a year earlier.On a per-share basis, the Cupertino, California-based company said it had net income of 73 cents. Losses, adjusted for pretax gains, came to 59 cents per share.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.The renewable fuels and specialty chemicals company posted revenue of $68.7 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $79.5 million.The company’s shares closed at $4.58. A year ago, they were trading at $6.36._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMTX at https://www.zacks.com/ap/AMTX...

Agile Therapeutics: Q3 Earnings Snapshot

Published Tue, 05 Nov 2024 15:36:09 GMT

PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Agile Therapeutics Inc. (AGRX) on Thursday reported a loss of $799,000 in its third quarter.On a per-share basis, the Princeton, New Jersey-based company said it had a loss of 27 cents. Losses, adjusted for non-recurring gains, were $1.47 per share.The developer of prescription contraceptive products for women posted revenue of $6.7 million in the period.The company’s shares closed at $1.98. A year ago, they were trading at $12.78._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGRX at https://www.zacks.com/ap/AGRXSource

Cresud: Fiscal Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 15:36:09 GMT

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) on Thursday reported earnings of $133.2 million in its fiscal first quarter.The Buenos Aires, Argentina-based company said it had profit of $1.92 per share.The agricultural company posted revenue of $220.6 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRESY at https://www.zacks.com/ap/CRESYSource

Stock market today: Wall Street inches forward before the bell with little news to trade on

Published Tue, 05 Nov 2024 15:36:09 GMT

Wall Street was pointed toward small gains before the bell Thursday as markets recalibrate following recent big swings.Futures for the S&P 500 and the Dow Jones Industrial Average each edged 0.1% higher before markets opened. A dearth of fresh economic data and few high-profile earnings reports have left the markets mostly quiet this week. Cereal maker WK Kellogg and The Walt Disney Co. each climbed more than 4% in off-hours trading after reporting bigger profits than expected for the most recent quarter. Golf equipment maker Topgolf Callaway skidded 21.7% after it missed sales targets and lowered its forecast.Tapestry rose nearly 2% after rhe maker of high-end shoes and handbags beat Wall Street’s profit forecasts.Coming later Thursday is the government’s weekly unemployment benefits report, one of the few notable economic data releases this week. Elsewhere, in Europe at midday Germany’s DAX and Britain’s FTSE each edged 0.5% higher, while the CAC 40 in ...

S&W Seed: Fiscal Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 15:36:09 GMT

LONGMONT, Colo. (AP) — LONGMONT, Colo. (AP) — S&W Seed Co. (SANW) on Thursday reported a loss of $6 million in its fiscal first quarter.The Longmont, Colorado-based company said it had a loss of 14 cents per share. Losses, adjusted for non-recurring costs, were 11 cents per share.The alfalfa seed company posted revenue of $16.4 million in the period.S&W Seed expects full-year revenue in the range of $76 million to $82 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SANW at https://www.zacks.com/ap/SANWSource