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Finance

Business
American Express To Pay $230M For Misleading Small Business Customers American Express To Pay $230M For Misleading Small Business Customers
American Express To Pay $230M For Misleading Small Business Customers American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products. The credit card company agreed to pay a $108.7 million civil penalty, the Department of Justice said in a news release on Thursday, Jan. 16. The settlement resolved claims against American Express of deceptive marketing and "dummy" account information. American Express was accused of engaging in unlawful sales tactics and falsifying records between 2014 and 2021. "When financial companies …

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by Chris Spiker
Schools
NJ Catholic University's First Male President Announces Retirement: 'I Am Deeply Grateful' NJ Catholic University's First Male President Announces Retirement: 'I Am Deeply Grateful'
NJ Catholic University's First Male President Announces Retirement: 'I Am Deeply Grateful' Georgian Court University's first male president will retire at the end of the academic year, officials said. Dr. Joseph Marbach announced he'll step down as head of the private Catholic college in Lakewood on Monday, June 30, 2025. He's also the first non-clergy member to be president of Georgian Court. Dr. Marbach said he'll establish a scholarship in his name for students in financial need, "helping future generations of GCU students achieve their academic goals." "Serving as President of Georgian Court University has been one of the greatest honors of my life," Dr. Marbach said in a st…

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by Chris Spiker
Politics
Former Trump Hater J.D. Vance Selected As Donald Trump's VP Candidate Former Trump Hater J.D. Vance Selected As Donald Trump's VP Candidate
Former Trump Hater J.D. Vance Selected As Donald Trump's VP Candidate Former President Donald Trump unveiled his vice presidential running mate late Monday afternoon, July 15.  US Sen. J.D. Vance of Ohio, age 39, was announced as the pick by Trump on Truth Social just ahead of his appearance at the Republican National Convention in Milwaukee. The post reads as follows: "After lengthy deliberation and thought, and considering the tremendous talents of many others, I have decided that the person best suited to assume the position of Vice President of the United States is Senator J.D. Vance of the Great State of Ohio. J.D. honorably served our Country in the Ma…

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by Jillian Pikora