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Finance

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 …
Trump Names Ex-SEC Chief, PA Native To Replace Damian Williams As SDNY's Top Prosecutor Trump Names Ex-SEC Chief, PA Native To Replace Damian Williams As SDNY's Top Prosecutor
Trump Names Ex-sec Chief, PA Native To Replace Damian Williams As Sdny's Top Prosecutor President-elect Donald Trump is looking to replace Damian Williams, US Attorney for the Southern District of New York, with a familiar face from his previous administration who hails from Pennsylvania.  Trump announced on Thursday, Nov. 14 that he would nominate Jay Clayton, who has no experience as a criminal prosecutor, to be the next US Attorney for the Southern District of New York.  Clayton, age 58, previously served as Chairman of the US Securities and Exchange Commission from May 2017 to December 2020, a role in which Trump wrote he "did an incredible job." Before that, he…
Popular PA BBQ Pitmaster Mike Wister Of NJ Dies From Short Illness Popular PA BBQ Pitmaster Mike Wister Of NJ Dies From Short Illness
Popular PA BBQ Pitmaster Mike Wister Of NJ Dies From Short Illness A Pennsylvania BBQ pitmaster and business owner with roots in New Jersey has died suddenly, according to his obituary posted by Huff & Lakjer Funeral Home. Michael "Mike" C. Wister, 58, originally of Elizabeth, NJ, but most recently of Lansdale, PA, passed away suddenly after a short illness at home on Saturday, Sept. 28, as detailed in his obituary. For 20 years, Mike ran small roadside BBQ stands, then he ran Wister’s Barbecue on Main Street for five years before moving to Broad Street in Lansdale where it's been for over two years, as explained in his obituary.  In his spa…