Web Analytics Made Easy - Statcounter
Monday, Jan 30, 2023 - 05:17:03
44 results - (0.024 seconds)

his family company:

latest news at page 1:
1
    The billionaire owner of craft chain Hobby Lobby has declared that he has decided 'to give away ownership of Hobby Lobby' - adding: 'I chose God'. David Green, 80, founded the company in his native Oklahoma in 1972, and has presided over the growth of the family firm into a nationwide chain with annual revenues of $6.4 billion. On Friday, Green - who's worth over $13 billion, according to Forbes - wrote an op ed in Fox News saying that he understood the decisions made by Patagonia's founder Yvon Chouinard and Alan Barnhart of Barnhart Crane. Chouinard last month announced he had handed over the $3 billion company to a specially designed trust and a nonprofit organization, and that all profits from now on - around $100 million a year - were designated to be spend fighting climate change and protecting undeveloped land around the globe. Barnhart, founder of a Tennessee construction company who like Green is an evangelical Christian, announced in 2007 that he was giving the company to the National Christian Foundation (NCF). Barnhart still runs it, but...
    The founder of Patagonia just announced he and his family will be giving away their ownership of the company and dedicating all profits to fight climate change. The apparel company is worth $3 billion and was founded nearly 50 years ago. Founder Yvon Chouinard wrote a letter announcing the decision and their want to help begin “reimagining capitalism.” Source: NBC News/Youtube Patagonia was already a certified B-Corp and California Benefit Corporation and even donated one percent of its sales each year to grassroots activists (which they will continue to do). But now, the company will take it even further. Less than 6,000 companies across the whole world are certified as B-Corp businesses. These businesses must meet environmental, social, and governance standards to gain certification.”While we’re doing our best to address the environmental crisis, it’s not enough. We needed to find a way to put more money into fighting the crisis while keeping the company’s values intact,” the letter read. The privately held company’s stock will now be owned by a climate-focused trust, and a group of nonprofit organizations...
    The 83-year-old founder of the outdoor-themed clothing brand Patagonia and his family have given away ownership of the three-billion-dollar conglomerate so that its profits can be used to fund efforts to protect the environment. Yvon Chouinard, renowned for his aversion to material wealth and passion for nature, established "a specially designed trust and a nonprofit organization" that "were created to preserve the company’s independence and ensure that all of its profits — some $100 million a year — are used to combat climate change and protect undeveloped land around the globe," The New York Times reported on Wednesday. "The unusual move comes at a moment of growing scrutiny for billionaires and corporations, whose rhetoric about making the world a better place is often overshadowed by their contributions to the very problems they claim to want to solve," the outlet noted. READ MORE: Marjorie Taylor Greene tells Steve Bannon she plans to impeach Joe Biden over renewable energy “Hopefully this will influence a new form of capitalism that doesn’t end up with a few rich people and a bunch of poor...
    New York (CNN Business)Shares of Bed Bath & Beyond were 15% lower in premarket trading following the death of its one its top executives.Gustavo Arnal, the chief financial officer of the beleaguered retailer, jumped to his death from a high-rise apartment in Manhattan on Friday afternoon, a law enforcement source previously told CNN. The NYPD said in a statement Sunday that Arnal, 52, was found unconscious and unresponsive outside his luxury 57-story skyscraper in the neighborhood of Tribeca. The law enforcement source told CNN on Sunday that Arnal's wife witnessed him jump. The source said while no suicide note was found, no criminality is suspected.Bed Bath & Beyond (BBBY) is "profoundly saddened by this shocking loss", a company spokesperson said. In a statement Sunday, the Independent Chair of Bed Bath & Beyond's Board of Directors Harriet Edelman said, "I wish to extend our sincerest condolences to Gustavo's family.""Our focus is on supporting his family and his team and our thoughts are with them during this sad and difficult time. Please join us in respecting the family's privacy," Edelman said. Arnal...
    A seven-year-old boy is being prevented from receiving a device that could save his life after his insurance company declined to cover it - saying that medical evidence did not support using it. Decker Sharp, of Nashville, Tennessee, was born with an atrioventricular septal defect and pulmonary stenosis - which means that he has holes in his heart and that his pulmonary valve is especially narrow, reports CBS. Sharp has been cleared by a cardiologist to play sports - but warns that if he suffers cardiac arrest while straining himself, a risk for someone with his condition, than he will likely die. A device called a automated external defibrillator (AED) could save his life, though. The device could cost up to $3,000. The Sharp family is insured by Anthem, one of the nation's largest insurance providers, who is refusing to cover the device. Anthem says that existing medical evidence does not support the need for an AED for someone like Sharp. This has left the family in a bind. While they would like for their child to continue playing sports, doing opens...
    New York (CNN Business)The families of Sandy Hook victims allege that Alex Jones' company Free Speech Systems has "systematically transferred millions of dollars" to Jones, his family and companies he controls in order to avoid compensating victims' families, according to a court filing.The Thursday filing from attorneys for the families was made as part of a Texas bankruptcy case for Free Speech Systems. The nine families are asking the bankruptcy court to order Jones to relinquish his control over the company and appoint an independent committee to investigate its conduct and operations to "ensure transparency, accountability and maximize the Debtor's Estate for all creditors."CNN has reached out to an attorney for Free Speech Systems and Jones for comment.The families have painted a picture of a company that is "being drained into insolvency to benefit insiders to the detriment of creditors," the filing states. Sandy Hook families are considered "creditors" in the Free Speech Systems bankruptcy case, after they sued Jones and his companies for intentional infliction of emotional distress and defamation, among other claims.Read MoreOne of the allegations are related...
    He enjoys a life of luxury and a generous net worth estimated at £3.8billion - yet a Norwegian fishing farm heir has insisted he's just 'a normal guy' and is 'very happy and grateful he grew up without money'. Gustav Magnar Witzøe, 29, was named by Forbes as the world's youngest male billionaire in 2018 after his father Gustav Witzoe senior gifted almost half of fishing farm Salmar ASA to his son in 2013. The model grew up on Frøya, a tiny island off the north-west coast of Norway, with his mother Oddny working as a carer, while in 1991, Gustav Snr founded his firm, which would later become one of the world's largest salmon producers. Speaking to The Telegraph, Gustav Junior, who lives alone in the city of Trondheim, stressed how happy and 'grateful' he is to have enjoyed a simple childhood without money.  But the heir is not shy about sharing glimpses of his lavish lifestyle on Instagram, from first-class trips to the Cannes Festival to holidays to Lake Como and drives down the coast in his father's vintage Aston Martin. ...
    Former Trump CFO Allen Weisselberg departs from the courtroom in Manhattan Supreme Court on August 18 Allen Weisselberg, the Trump Organization's veteran chief financial officer, pleaded guilty on Thursday in a deal with prosecutors that will see him testify against the former president's family business in October. Weisselberg was charged in July 2021 with an array of financial crimes focused on his and the company's evasion of taxes by failing to declare nearly $2 million in lavish gifts over the years. While his testimony could have earth-shattering consequences for Donald Trump's real estate empire, it's very likely to be limited in what touches the ex-president himself. Despite months of pressure to flip on his boss, the longtime Trump associate instead accepted a jail sentence of 100 days - a fraction of the 15 years he could have gotten - and agreed to give narrower testimony regarding the tax fraud scheme that saw him showered with high-end cars, apartments and tuition for his children. If he ultimately does not testify, prosecutors can ask for a harsher sentence.  Manhattan District Attorney Alvin...
    “We have to start off in Italian because it’s Italian vodka.” Mike Piazza expressed his gratitude in Italian, unprompted, by dropping a “grazie a tutti” four different times during a Friday night event promoting True Vodka, his latest business endeavor. “The Italian part is something that we’re very proud of,” said Piazza, who not long ago purchased an Italian soccer team only to sink them into bankruptcy. True Vodka, according to their own marketing material, is for rich people. They’ve identified their target demographic as people aged 30-50 with household income ranging from $125,000 to $350K, living in “aspirational urban venues and neighborhoods.” As one of the faces of the Mets, a team that’s always represented the city’s working class, Piazza is conveying a message that seems far more aligned with the yuppie Yankees. But, lest you forget, True Vodka is extremely Italian. This is not something that Piazza, who is from Pennsylvania, takes lightly. When asked about how meaningful it is to be involved in a pursuit with such strong Italian roots, he was prepared. “It’s an honor, without...
    Steve Young, 59, is a Florida resident, business owner, husband, father and one of the paying customers set to fly to space aboard Blue Origin's New Shepard rocket. 'They [Blue Origin] have my flight suit made. The date is now set and it will happen this year,' Young told DailyMail.com in a phone interview. 'Why do I want to go to space? Because I can. I am a bragger. I can say I went to space and my friends can't.' 'It [Blue Origin's flights] also intrigued me and I have the funds available to do this.' Those funds come from the sale of Florida's largest telecommunications contractor, Young's Communications or Y-com Young told DailyMail.com that he sold the company when it was generating $100 million annually and it was acquired by Grain Management, which only purchases companies valued between $20 million to $150 million. Scroll down for videos  Steve Young (center), 59, is a Florida resident, business owner, husband, father and one of the paying customers set to fly to space aboard Blue Origin's New Shepard rocket. Pictured he is...
    Laura Ingraham claimed on Wednesday night that President Joe Biden “is enriching his family as much as possible before he leaves this Earth.” Biden has been dogged by the fact that his son Hunter Biden has engaged in the tried-and-true practice of trading off a relative’s political fame for personal gain, such as getting paid up to $50,000 a month for a do-nothing job at a Ukrainian energy company, cutting multimillion-dollar deals with a Chinese energy company, and selling aesthetically dubious artworks for $75,000 a pop. Additionally, Biden’s brother James Biden has also made millions off the family name. Like other Fox News primetime hosts, Ingraham has been especially critical of Joe Biden over his son’s actions. But during the administration of Donald Trump, she seldom if ever (which is more likely) criticized Trump as millions of dollars flowed into his real estate empires some influence-seekers both domestic and foreign, not to mention all those Secret Service rooms at Trump properties taxpayers paid for. The same goes for Trump’s adult children for engaging in icky profiteering similar to Hunter’s. Ingraham scoffed...
    Donald Trump and his children have agreed to be deposed in a class action lawsuit charging that the family duped people into investing in allegedly dodgy companies.  Don Jr will sit for his deposition first on May 10, followed by his brother Eric on May 12 and the ex-president on June 16. But there is still not set date for Ivanka, because 'defendants have not yet offered a deposition date.' Trump's other children, Tiffany and Barron, are not named in the suit.  There has been no location set for the proceeding, according to NBCNews.  Filed in 2018, investors claim that the Trump got 'secret' payments from the multi-level marketing company ACN Opportunity, a vitamin and health company, the Trump Network and the Trump Institute, a business training company that would teach participants the 'secrets to success.'  In exchange, the suit says the family would promote the businesses on 'Celebrity Apprentice' and other live events. The alleged quid pro quo violated federal anti-racketeering law and mislead sales staff who lost money investing in the marketing company. The lawsuit claims that the family...
    The son of the founder of Entenmann's, who helped take the family's cakes and cookies from a small bakery in New York to grocery stores nationwide, died in Florida last month at the age of 92. Charles Entenmann died 'peacefully' surrounded by his living children on February 24 in Key Largo, according to an obituary. A cause of death was not listed. His father, William Entenmann, opened the original bakery in Brooklyn, New York, in 1898, later moving it to Bay Shore on Long Island in 1900. Charles, along with his mother Martha and his brothers Robert and William Jr., took over the bakery in 1951 after his father's death, setting it off on a course that would see its products decorate supermarket shelves across the country.  The family sold the business to pharmaceutical company Warner-Lambert for $233 million - which would be valued at more than $1 billion in today's money - in 1978, The New York Times reported. Their net worth is not publicly known, though Charles's Key Largo home is worth an estimated $9.97 million, according to Zillow....
    Former president Donald Trump has claimed his accounting form stopped working for his company after 'vicious intimidation tactics' by New York's Democrat Attorney General forced them to quit. In a statement on Tuesday night, he also said he estimates his net worth to be around $8billion, as questions over his finances mount up. Trump's claims came after Mazars USA LLP informed the Trump Organization that a decade's worth of its financial statements 'should no longer be relied upon' – and asserted it now has a 'conflict of interest' with the company.  New York's AG Letitia James will go to court on Thursday seeking to enforce a subpoena for Trump's testimony in a civil investigation she says uncovered evidence his company used 'fraudulent or misleading' valuations of golf clubs, skyscrapers and other properties to get loans and tax benefits.  In a letter posted to the court docket as evidence, Mazars urged the Trump Organization on February 9 to inform anyone who'd been given his Statement of Financial Condition, such as banks and insurers, that 'those documents should not be relied upon.'  The firm...
    In this article FIncoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company's Michigan plant that produces the pickup.Michael Wayland | CNBCDETROIT – Ford Motor Chair Bill Ford has been slowly amassing more shares, and control, of the automaker his great grandfather founded in 1903. Unlike Elon Musk and other CEOs who've recently cashed out some of their company stock as prices soared, Ford has been doubling down on his namesake company over the last decade. The 64-year-old is the company's biggest individual shareholder with 2.3 million shares of the Ford's common stock. More importantly, he's also the biggest holder of the automaker's Class B shares that carry super-voting powers that have allowed the Ford family to retain control of the company. While the Class B shares account for 2% of Ford's outstanding stock, they control 40% of the voting power. Bill Ford directly owns 16.1 million, or 23%, of the Class B shares, which are only available to family members. That's quadruple...
    A FURIOUS family have slammed a funeral firm after they “lost” their relatives body in a morgue for four weeks. Devastated Martine Barnhouse claims that a cremation company forgot about her dad’s body as the family were waiting for his ashes. 3The family were devestated that the company had 'lost' their relativeCredit: Martine Barnhouse/MEDIA WALES 3Peter died in November after a heart attackCredit: Martine Barnhouse/MEDIA WALES Peter Edwards, from Cilfynydd, Wales, passed away on November 18 after suffering from a heart attack aged 73. His family were assured that his body would be cremated within four weeks and his ashes would be delivered by December 21 at the latest. Martine has been left appalled by the “lack of respect” shown by Simplicity Cremations, and was furious after calling them to ask where her dad was and they “didn’t have a clue”. The family contacted University hospital of wales in Cardiff where he died to confirm that his body was still in the morgue. The hospital stated that the company had not been in touch regarding the cremation, and Martine claimed...
    The bodybuilding-obsessed son who allegedly shot both his parents at their $3.2million Long Island estate on Christmas morning has waived his right to an extradition hearing in New Jersey and will return to New York this week to face charges. Construction magnate Rocco Tomassetti, 65, and wife Vinceta Marsicano-Tomassetti, were shot inside their 8,751-square foot mansion in Hewlett Harbor at around 10am.   Their son Dino Tomassetti, 29, has been held at the Bergen County Jail in New Jersey since his arrest and has been charged as a fugitive from justice after he allegedly fled the scene. Dino made a virtual appearance in court in Bergen County on Monday, where the personal trainer agreed to be sent directly to Nassau County court for the case.    He allegedly fled the scene in a Cadillac Escalade, which Nassau County police were able to track via GPS after a neighbor reported a 'disturbance' at the family's house.   The Tommassettis' mob ties have also been revealed in the wake of their son's arrest. The bodybuilding-obsessed son who allegedly shot both his parents at their $3.2M Long Island...
    Sen. Joe Manchin of West Virginia. Sen. Joe Manchin of West Virginia apparently doesn't like being reminded that he killed a $150 billion climate change provision in President Joe Biden's Build Back Better bill that could have directly impacted his personal fortune. The Washington Post recalls an episode in September when he was asked about his family's coal business, Enersystems, which has earned millions selling waste coal from abandoned mines to a power plant in West Virginia that “emits air pollution at a higher rate than any other plant in the state," according to the Post. “I have been in a blind trust for 20 years. I have no idea what they’re doing,” the senator told reporters about his family’s coal firm. “You got a problem?” That's pointed senator speak for, Shut up already, or I'll stop taking your questions. In 2020, Manchin made $492,000 in interest, dividends, and other earnings from the family business, according to his latest financial disclosure report. But here's the kicker: "He signed a sworn statement saying he is aware of these earnings, underscoring that he is not blind to them,"...
    A succession battle has been looming over the late Scholastic owner's decision to leave the $1.2billion Harry Potter publisher to his lover after his death this summer - and the boss's sons have refused to sign legal documents saying they will not contest his will.  M Richard 'Dick' Robinson Jr died unexpectedly on June 5 aged 84 after collapsing while on a walk in Martha's Vineyard with one of his sons. Upon his death it was revealed that Robinson shockingly left Scholastic Corp - which published popular children's books such as Clifford The Big Red Dog, Captain Underpants and Magic Schoolbus - to Iole Lucchese, 55, Scholastic's chair of the board, executive vice president and president of Scholastic Entertainment. The owner of $1.2billion Scholastic Corp M Richard 'Dick' Robinson Jr (left) died suddenly at age 84 and - as a shock to his two sons and ex-wife - left the company to Iole Lucchese (right), a worker he was in a relationship with John Benham 'Ben' Robinson, 34, declined to sign a document waiving his right to contest his late father's will. He...
    Alex Murdaugh set up a shell company named Forge to syphon off $3.5 million of the $4.3 million settlement money meant for his housekeeper who was mysteriously killed at his home, according to new legal documents.  A motion filed Tuesday by attorneys for Gloria Satterfield's family provides new details of how funds were allegedly redirected from Murdaugh's insurance companies to what was essentially a PO Box in Hampton, South Carolina, instead of making their way to the family. Three checks for $403,500, $2.76 million and $118,000 were paid into Forge - each within a matter of hours of the insurance companies paying out similar amounts or a settlement being reached, the documents reveal.     At the same time, millions of dollars was also allegedly going missing from Murdaugh's law firm Peters, Murdaugh, Parker, Eltzroth and Detrick (PMPED), according to a separate lawsuit filed against Murdaugh by his ex-partners. The new motion is calling on Murdaugh, attorney and Murdaugh's close friend Corey Fleming, and banker with Palmetto State Bank Chad Westendorf to testify under oath about their handling of the settlement.  Alex Murdaugh...
    SpaceX Jared Isaacman Jared Isaacman was always unique, even as a child. He chose to start a business when he was just a teenager. Although his parents sometimes worried about him, they always supported him. His dad even ended up working for him. Now Isaacman’s commanding SpaceX’s Inspiration4 mission. Here’s what you need to know about Isaacman’s family, including his mother, his father, and his brothers and sister.His Dad Was One of His First EmployeesIsaacman’s father was one of his first employees, BJT Online reported. His dad had the office next to his when BJT’s article was written in 2011. Isaacman told BJT that Don Isaacman began working for his company within weeks of when he launched UBC (United Bank Card Co.) His dad was about a year away from losing his home after he was laid off from being an alarm salesman. He has said that his son gave him a second chance at life and helped save his family. However, it worked both ways. Don helped his son significantly as the business was starting out. Isaacman...
    Disgraced South Carolina lawyer Alex Murdaugh faces further financial ruin as his claim on his $6million indemnification policy over the wrongful death lawsuit resulting from the fatal boating accident involving his deceased son  has been rejected by his insurance company, DailyMail.com can reveal. According to court documents reviewed by DailyMail.com, insurance company Philadelphia Indemnity denied Murdaugh's claim following the accident that resulted in the death of 19-year-old Mallory Beach. Beach was on board in 2019 when, a 'highly drunk,' 'belligerent' and 'intoxicated' Paul Murdaugh plowed his father's boat into a piling on Archer's Creek. Philadelphia Indemnity stated that it had no obligation to insure or indemnify Murdaugh when he 'had knowledge or should have had knowledge that his minor son illegally purchased and consumed alcohol on a regular basis by using or displaying the driver's license of his adult son, Murdaugh Jr.' Although the ongoing Beach lawsuit does not stipulate an amount, Murdaugh could be on the hook for millions.  Earlier this week the South Carolina legal heir was accused of misappropriating over $1million from his private law firm. He...
    At least 70 family businesses claim millionaire Marcus Lemonis ruined or harmed them by appearing on his reality TV show The Profit, according to new legal paperwork obtained by DailyMail.com. They represent nearly three-quarters of the small firms featured in the seven seasons of the CNBC hit, which is designed to help or rescue firms that are in trouble. The show, which premiered in 2013, follows the business guru on his hunt for struggling small businesses, which he then offers to save by typically presenting them with his financial backing and acumen in exchange for an ownership stake. If the owners agree to the deal, Lemonis assumes full control of the company and uses his expertise to improve operations and make the business profitable. However, lawyers for one company suing the tycoon in New York now allege 70 small firms were 'depicted falsely in an unforgivable manner' and claim they were 'destroyed through the forced and fraudulent indebtedness and crafty theft of the trusted advisor host, Marcus Lemonis.' At least 70 family businesses claim millionaire Marcus Lemonis ruined or...
    WHITE PLAINS, N.Y. (AP) — Former Purdue Pharma chair says in court that he, his family and the company are not responsible for opioid crisis. Copyright © 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
    Facebook spent $24 million in 2020 keeping its billionaire CEO Mark Zuckerberg and his family secure at home and when travelling. Pictured: Zuckerberg and wife Priscilla Chan Facebook spent $24 million on keeping its billionaire CEO Mark Zuckerberg secure at home and when travelling in 2020, according to a financial filing from the tech giant. The huge cost comes due to 'identified specific threats' faced by the company's co-founder, necessary due to his 'unique position' as 'one of the most recognised executives in the world,' according to the proxy statement filed on Friday. Facebook spent $3 million more on protecting Mr Zuckerberg than in 2019, with the increase in costs blamed on the pandemic, the 2020 US elections, and the rising cost of personal bodyguards. The filing shows that in 2020, the company spent more than $13.4 million on personal security for its 36-year-old CEO 'at his residences and during personal travel pursuant to Mr. Zuckerberg's overall security program.' He also received a pre-tax allowance from the tech giant of $10 million for his family's private security, taking the total security spend...
    Hunter Biden has admitted that he got a job on the board of Ukrainian gas company Burisma because of his family name, as he opens up about a job that almost cost his father the presidency. The 51-year-old said Burisma viewed his family name as 'gold' when the firm hired him in 2014 because it is 'synonymous with democracy and transparency' and hoped to capitalize on that reputation while trying to counter Russian 'aggression' in Crimea. Hunter was paid up to $50,000 per month by the gas firm despite his lack of experience in the energy sector. But he denied leveraging connections to his father Joe - who was then US vice president and leading Obama's policy on Ukraine - while in the job, saying his day-to-day was '100% limited to... corporate governance and transparency'.  He also admitted that being a Biden had 'opened doors that wouldn't be opened up to other people', but said that was 'both a privilege and a burden'. Hunter Biden has admitted that he got a job on the board of Ukrainian gas company Burisma in...
    BURLINGAME (KPIX) — The family of a young physics researcher at a Bay Area COVID-19 testing lab was in mourning Sunday after he was killed by a falling tree near the facility in Burlingame. Kahlil Gay had just graduated from Cal State East Bay in December and started working at the company. READ MORE: Santa Clara Officials Open COVID-19 Vaccination Clinic At Local Farm “At a very early age, he knew that he wanted to be in the physics or engineering field. He knew actually where he was going in life,” said the victim’s aunt, who declined to provide her first name. Family members said Gay was excited about his new job — working for Color, a health tech company that provides COVID-19 testing for several San Francisco city-run sites. “Kahlil had just called his parents to check in (before the tragedy,)” said the victim’s aunt. But that excitement quickly turned into a tragedy on his third day at the Color campus located on Mitten Road. “He was walking with a co-worker of his,” said Kahlil’s older brother, Darryl Gay,...
    MARRIOT Hotels CEO Arne Sorenson has died of cancer at the age of 62. But what was his net worth and who is his wife? Here is everything you'll need to know... 3The 62-year-old Arne Sorenson died of pancreatic cancer in FebruaryCredit: AFP or licensors Who was Marriott CEO Arne Sorenson? Arne Morris Sorenson was born in October 1958 in Japan where his father was a Lutheran pastor. His family returned to the United States when he was seven and settled in Saint Paul, Minnesota. After graduating from Luther College in Iowa in 1980, he earned his J.D degree from the University of Minnesota Law School in 1983. In 1992 he represented Marriott before being recruited to work in-house for the company a few years later. During his time, the company's share price jumped by more than 240%. While serving as the Marriott chief, Sorenson spoke out in support of LGBTQ rights and against the travel imposed by former President Donald Trump from certain Muslim countries. 3Sorenson joined Marriott International in the 1990sCredit: Huw Evans What was Arne Sorenson's net...
    New York : Alexander Kearns, a 20-year-old college student, took his own life by jumping onto the railroad track last summer in Illinois. He made the tragic decision after consulting the balance of his account on the financial platform Robin Hood: It showed a negative balance of $ 730,000. But it was a mistake. His parents have sued the stock investment company for negligence. The family accuses the California company of attracting inexperienced investors like Alexander, who take big financial risks without proper advice and guidance. “Robinhood built its commercial platform to look a lot like a video game, attract young people and minimize the appearance of risk in the real world.”read the lawsuit filed Monday in California by Kearns’ parents, Dan and Dorothy, and by their sister Sydney. [Un joven sale de 10 meses de coma sin saber nada de la pandemia de COVID-19] The complaint filed by the Illinois family also accuses the company, founded in 2015, of causing emotional stress and unfair business practices. “The Robinhood communication was completely misleading because Alex did not owe money,”...
    Joe Biden's son-in-law Howard Krein is 'playing with fire' for advising health care start ups while his father-in-law is president, experts warn. Krein is chief medical officer for Startup Health, a health care investment company that has been focused on the coronavirus pandemic and has touted its connection to President Biden.  But ethics experts have raised concerns about his influence in government matters and on the president, particularly as Krein advises clients who are seeking government contracts.   'Howard Krein is playing with fire,' Meredith McGehee, the executive director of Issue One, a nonpartisan ethics watchdog group, told ABC News. 'If he gets too close to that flame -- if he is trying to either cash in on his relationship with the president, or he is trying to influence policy -- the flame is going to get him. And it is not worth it to him or to Biden.' Krein, who is married to Ashley Biden, advised Biden's campaign in an unofficial role on potential coronavirus response plans. He was criticized for it at the time although the campaign emphasized he had no...
    More On: hunter biden Exclusive! First ‘excerpt’ from Hunter Biden’s new memoir Hunter Biden’s memoir is arriving in the spring Biden says no family members will be involved in foreign policy Fla. Gov. DeSantis goes to war against ‘Big Tech’ President Biden’s son still has yet to cash out his stake in an investment company funded by the Bank of China and other financial firms owned by the Chinese government, the White House said on Friday. In response to a question from The Post, White House press secretary Jen Psaki acknowledged that Hunter Biden was still an investor in Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., known as BHR. “He has been working to unwind his investment but I would certainly point you — he’s a private citizen — I would point you to him or his lawyers on the outside on any update,” Psaki said during her daily briefing. The delay in Hunter’s divestment of his 10 percent share of BHR comes despite his father’s post-election pledge that no relatives would have even the appearance of...
    U.S. Special Envoy for Climate John Kerry’s family still owns a private jet, according to Federal Aviation Administration (FAA) records. A Gulfstream Aerospace jet is currently owned by Flying Squirrel LLC, the name of Teresa Heinz-Kerry’s private charter jet company, Fox News reported Wednesday, citing the FAA’s registry. FAA records show the plane’s registration certificate was issued July 2005 and runs through October 2023. Kerry said Wednesday that fossil fuel workers who lose their jobs as a result of new climate policies should “have better choices,” such as manufacturing solar panels. “You look at the consequences of black lung for a miner, for instance, and measure that against the fastest-growing job in the United States before COVID was solar power technician,” he said during a news conference. “The same people can do those jobs. But the choice of doing the solar power one now is a better choice.” Fox News reported that it was unclear whether or how much Kerry has benefited from his wife’s company, although the former Democratic presidential nominee did make 60 payments to the charter jet...
    JUSTIN Duggar is now working for his future father-in-law’s construction company as a secretary while the teen plans his wedding to fiancee Claire Spivey.  The Sun can exclusively reveal Justin, 18, listed Texas-based business Spivey Construction, which Claire’s father Robert launched in 2006, as his employer for a campaign donation, according to the Federal Election Commission. 9Justin Duggar works for his father-in-law's construction company Credit: Instagram 9Justin is listed as a secretary for Spivey ConstructionCredit: Instagram His occupation is listed as “secretary” of the company.  His future wife Claire also has Secretary for Spivey Construction listed on her Instagram bio.  Eagle-eyed Reddit fans were the first to report on Justin’s occupation.  The construction business is the perfect line of employment for Jim Bob and Michelle’s son, as he remodels homes. 9Jim Bob sold Justin a home for $1Credit: Instagram 9Justin renovated the mobile trailer Credit: Instagram As The Sun previously reported, Jim Bob, 55, sold his son a mobile home for $1 on December 8, 2020. Jim Bob bought the Springdale, Arkansas home on May 18, 2020 for $35,500. ...
    2 megachurches fined after video shows packed holiday services One year since coronavirus emerged in Wuhan, Americans there look home Brad Keselowski says his manufacturing startup booming through the space industry The space industry has become a solid launch platform for Brad Keselowski to achieve liftoff with his state-of-the-art 3-D printing company. © Keselowski Advanced Manufacturing Since Keselowski Advanced Manufacturing opened two years ago, its owner has been reticent about the business in which he invested millions. The hybrid manufacturing factory, housed in the 70,000-square-foot-shop that once was the base of Keselowski’s truck team, assists companies by bending and forming metal into parts. Because of proprietary agreements, the Team Penske driver remains tight-lipped about KAM’s customer base (which has been aimed at aerospace, defense, medical and automotive), but he has been more forthcoming about the company’s growth potential with space technology projected to triple into a trillion-dollar industry (and possibly within the next decade). “Nothing happens as fast as we want it to, but we’re riding a pretty big wave right now,” Keselowski recently told NBC Sports. “It’s not...
    The ex-Bill Clinton adviser at the center of the tell-all Vanity Fair article where he claimed the former President sabotaged Hillary's White House run has announced he is standing down from PR company Teneo to 'focus on his family office'. Doug Band, who used to be one of Clinton's closest advisers, said he is resigning from his position as president of Teneo, the communications and advisory firm he co-founded with Declan Kelly and Paul Keary back in 2011.   Band, 48, broke the news to his 800-strong workforce in an email Monday, according to the Financial Times.   In it, he said he was bidding farewell with a 'heavy heart' but that he didn't want to regret staying too long at the company at the detriment of pursuing 'other dreams and ideas' - something he cited as a regret from his time working with Clinton.  The shock announcement comes just one week after Band broke his silence about his time inside 'Clintonworld' in a bombshell interview with Vanity Fair.  Band made several extraordinary claims including that Clinton didn't want his wife to...
    Prince Harry said he would 'insist' on The Crown finishing before it reaches him and Meghan Markle and is 'disloyal and rude' for 'taking money' from Netflix after the company 'ridiculed' his family, a royal biographer has claimed.   Speaking to talkRADIO, Angela Levin recalled going to Kensington Palace to interview the Duke of Sussex, 36, two years ago, and says he immediately asked her if she watched the show.   'When I met Harry at Kensington Palace the first question he asked me was, "Are you watching The Crown?" 'I mumbled and said, "are you and the rest of the Royal Family?" He said, "yes, we're all absolutely watching everything but I'm going to insist it stops before it reaches me".' Prince Harry (pictured) said he would 'insist' on Netflix show The Crown finishing before it reaches him and Meghan Markle, a royal biographer has claimed. The royal biographer branded Prince Harry 'disloyal and rude' for 'taking money' from Netflix after the company 'ridiculed' his family. Pictured, Emma Corrin and Josh O'Connor as Princess Diana and Prince Charles in series four of...
    Former WWE superstar Erick Redbeard appeared on this week’s episode of The Ryback Show, where he shared his experiences with the company’s creative team in the months leading up to his release in April. As quoted by WrestlingNews.co on Thursday, Redbeard — who was formerly known as Erick Rowan in WWE — discussed several topics with Ryback during his guest appearance and notably opened up about his last major storyline with his former employer. As he recalled, he was particularly frustrated about the direction of the angle, which had him carrying around a cage with an unknown creature inside it. This was because company officials supposedly didn’t provide him enough clarity regarding the storyline’s direction and purpose. “This was the first time in my career when I was the most vocal about things. I was professional but I was vocal about it. I said, what’s the plan for the cage? Why am I doing this? I was told it was something that’s going to be killed by a babyface but it will set up a good feud.” According to Redbeard,...
    James Murdoch sensationally quit the board of his family's News Corporation media empire following a series of behind-the-scenes rows over the company's political stance – especially on climate change.  James, a father-of-three who is regarded as 'the liberal of the Murdoch family', cited editorial disagreements in his bombshell resignation letter, which ran to just two paragraphs.  In it, he wrote: 'My resignation is due to disagreements over certain editorial content published by the Company's news outlets and certain other strategic decisions.'  The 47-year-old, who has held senior positions in several of his father's companies, was once seen as the favourite to take over News Corporation.  James Murdoch sensationally quit the board of his family's News Corporation media empire following a series of behind-the-scenes rows over the company's political stance. Pictured: James (right) and Lachlan Murdoch with their father Rupert But he is understood to have grown disillusioned with the conservative views championed by many of its newspaper titles, as well as by Fox News – which is also owned by his father as part of a separate corporation.  He and...
    COMMERCE (CBSLA) — The family of a 67-year-old man who died from COVID-19 said Wednesday that they believe his death could have been prevented. Jose Roberto Alvarez Mena, 67, died from COVID-19. He was a worker at the Mission Foods facility in Commerce where an outbreak sickened 40 people. (Family Photo) “He was in the hospital, in the ICU on a ventilator, and we prayed and sent all of our positive energy hoping he would get out of this,” Alisha Alvarez said of her father. “And we really thought he would.” But, in the end, Jose Roberto Alvarez Mena died from COVID-19 July 20. “He was the sole provider for my mom, my mom’s partner of 35 years and our dad,” Alvarez said. “So it was truly devastating.” And almost a week after Mena’s death, the family learned there had been a COVID-19 outbreak at Mission Foods where he worked, but the employees were never notified. “It meant that not every precaution was taken, and this probably could have been avoided,” Alvarez said. In a statement, a Mission Foods spokesperson...
    (CNN)The CEO of a San Francisco-based technology company who was seen in a viral video making racist remarks against an Asian-American family has resigned from his company.In the video, which was posted last week by Jordan Chan on Instagram, Lofthouse calls the group "Asian pieces of sh--," among other vulgarities, at the Lucia Restaurant at the Bernardus Lodge in Carmel Valley."This is the face of the man who relentlessly harassed my family and I completely UNPROVOKED, UNWARRANTED, and UNCONSCIONABLE," Chan wrote in her Instagram post. In an email to CNN, Michael Lofthouse said, "I can confirm that I have stepped down from Solid8, terminating all business relationships with immediate effect." The CEO added, "I will make it my duty to ensure my personal actions do not continue to have a detrimental impact on those people closest to me."Chan said she and her family were celebrating her aunt's birthday on July 4 when Lofthouse started yelling and insulting her family with racist remarks such as "F--- you Asians," "Go back to whatever f---ing Asian country you're from," and "You don't belong...
    Goya Foods CEO Robert Unanue has doubled down on his support for Donald Trump saying 'we are with the president' and blasting protesters for 'killing our nation' amid the growing boycott of his family brand.  Unanue showered more praise on Trump in an interview with Fox News Friday, just one day after he spoke at an event in the White House Rose Garden where he told Americans they were 'truly blessed' to have a leader like him.  His comments sparked an instant backlash on social media and from some major political names including Alexandria Ocasio-Cortez and Julian Castro, with calls mounting for a boycott of the popular food brand.  'We are with the president. We’re with this country, you know, right, left, center, up and down,' Unanue told Fox News Friday. Goya Foods CEO Robert Unanue has doubled down on his support for Donald Trump saying 'we are with the president' and blasting protesters for 'killing our nation' amid the growing boycott of his family brand The businessman brushed off the boycott as 'a reflection of the division' in America...
    AUSTIN — The family of a construction worker who was killed after falling two stories at a West Side church is suing the construction company, saying it failed to provide adequate safety measures to protect employees from dangerous work conditions. Francisco Aguilar, 57, fell from scaffolding while working for Destiny Builders Construction Services on Nov. 22. He was rushed to Mount Sinai Hospital, where he was in intensive care until he died Dec. 6. Aguilar left behind a wife and six children. “The family continues to mourn the loss of their father for something that should never have happened,” said the family’s attorney, Michael R. Grieco. Grieco said Aguilar and other workers were not provided with harnesses, safety belts and railings that could have prevented his death. Occupational Safety and Health Administration rules require construction companies to implement fall protection and safety training to keep workers safe anytime they will be standing higher than 6 feet from the ground. The lawsuit, filed in Cook County Circuit Court, seeks more than $50,000 in restitution for the family. The company did not...
    The family of a construction worker who plunged to his death while working on a Chicago church has filed a lawsuit against his employer claiming they failed to provide proper protections.  Francisco Aguilar, 57, fell two stories from scaffolding on November 22nd of last year at 4901 W. Ferdinand St. in the city's Austin neighborhood. He died from his injuries in hospital on December 6.  Aguilar left behind a wife and six children, who are now seeking more than $50,000 in damages from Destiny Builders.  A suit filed on behalf of the family by Romanucci and Blandin Law claims fall protections were not in place for Aguilar and other employees on the job.  Francisco Aguilar, 57,  (left) fell two stories from scaffolding on November 22nd of last year at 4901 W. Ferdinand St. in the city's Austin neighborhood. He died from his injuries in hospital on December 6. It further alleges that Destiny Builders 'knowingly exposed employees to falling hazards by not providing proper scaffolding, railing, harnesses or supervision,' according to The Chicago Sun-Times.  Attorney Michael R. Grieco accused the...
1