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Wednesday, dec 25
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Citigroup
Politics
Persona Non Grata: Embattled NY Rep-Elect Santos Endures Lonely First Days In Congress
Embattled New York Congressman-elect George Santos received a less than warm welcome from colleagues during his first week on Capitol Hill. Pictures and video on social media show the Republican politician, who represents the 3rd District on Long Island’s North Shore and parts of Queens, sitting alone in the House chamber during the repeated rounds of voting to elect a speaker. Previous Report: Pants On Fire: DA Launches Probe Into Nassau Congressman-Elect Who Lied About Past, Report Says It was clear right from the start of the 118th Congress that Santos had become a social pariah after …
Police & Fire
Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties
Donald Trump Jr. has become the latest member of the First Family to flee New York amid more fallout tied to the circumstances surrounding his father's unprecedented second impeachment. According to reports, Trump Jr. is following in the footsteps of his sister, Ivanka, who already left New York to establish residence in Florida. The move comes as the PGA moved the 2022 championship from the Trump golf course in Bedminister, New Jersey, and corporate America began severing all ties with the much-maligned president. Reports stated that Trump Jr. is looking at homes in Jupiter, Florida, less…
Business
Westport's Westbury Group Brings On Yang, Croddy To Get (Even More) Deals Done
When you're a leading investment bank for entrepreneurs, having successful entrepreneurs on your team only reinforces your expertise and appeal – and only adds to your track record of getting deals done. With that in mind, Westport, CT-based Westbury Group, one of the largest investment banking firms in Connecticut, is announcing the addition of Ted Yang and Robert Croddy to the firm. The two men bring extensive experience as entrepreneurs and capital market executives – both nationally and internationally – to Westbury, which prides itself on its financial and strategic advisory serv…
Business
Citigroup Will Refund 1.75 Million Credit-Card Customers $335M
One of the world's largest credit-card issuers said it will issue a whopping total of $335 million in refunds to U.S. customers whose annual percentage rate should have been lower. New York-based Citigroup said a method that it utilized to calculate annual percentage rates did not properly reflect the full benefit customers should have received for good behavior, including paying on time. Approximately 1.75 million credit card accounts were affected since 2011. Refunds will be about $190 per customer. Will you be getting cash back? You'll have to wait to find out. Citigroup said it's now …