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Payday Lenders Gave Millions to Republican Group That Backed Supreme Court Suit to Annihilate CFPB

Published Mon, 16 Dec 2024 20:44:30 GMT

The Supreme Court is set to rule this term in a case that could lead to the elimination of the Consumer Financial Protection Bureau. A federal agency tasked with protecting consumers from predatory lending and banking practices, the CFPB is being sued by two trade groups representing industries it regulates: The groups filed their suit in 2018 over a rule aimed at protecting borrowers from payday lenders.The case is the latest step in a yearslong conservative fight to dismantle the CFPB. At least 13 states, including red states like Arkansas and Georgia, have limited or made payday lending illegal, and others have passed recent ballot initiatives to crack down on the industry. “The attorney generals are collecting millions of dollars in campaign contributions to undermine the only serious effort to regulate payday loans.”Despite widespread approval among Republican voters to regulate or prohibit payday lending, Republican officials in more than 20 state...

Gabon’s leader calls on people to ‘make noise’ after mutinous soldiers detain him in attempted coup

Published Mon, 16 Dec 2024 20:44:30 GMT

LIBREVILLE, Gabon (AP) — Gabon’s president called on his citizens to “make noise” after a coup attempt in the Central African country, saying he was speaking from detention in his residence.Mutinous soldiers said Wednesday they were seizing power to overturn the results of a presidential election, and claimed to have arrested the president, whose family has held power for 55 years.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.LIBREVILLE, Gabon (AP) — Mutinous soldiers in Gabon said Wednesday they were seizing power to overturn the results of a presidential election, and claimed to have arrested the president, whose family has held power for 55 years.Crowds took to the capital’s streets celebrating the possible ouster of a family that’s grown rich while the oil-rich country’s economy has stagnated.The coup attempt came hours after the central African country’s President Ali Bongo Ondimba, 64, was declared winner of an election criticized by international obse...

Gabon’s president calls on citizens to “make noise” after coup attempt; says he’s detained in his residence

Published Mon, 16 Dec 2024 20:44:30 GMT

LIBREVILLE, Gabon (AP) — Gabon’s president calls on citizens to “make noise” after coup attempt; says he’s detained in his residence.Source

Benjamin Pavard is on the verge of joining Inter Milan, Bayern Munich’s CEO says

Published Mon, 16 Dec 2024 20:44:30 GMT

MUNICH (AP) — Bayern Munich defender Benjamin Pavard will undergo medical tests at Inter Milan on Wednesday ahead of an expected transfer to the Italian club.Pavard, a World Cup winner with France in 2018 and a Champions League winner with Bayern in 2020, would leave after four years with the German champions.“Benjamin Pavard flew to Milan yesterday. The medical is today, and if it’s successful, he will move,” Bayern Munich chief executive Jan-Christian Dreesen said.Pavard would be the second player that Inter has signed from Bayern this off-season after goalkeeper Yann Sommer.Pavard’s contract at Bayern runs out at the end of the season. He has often been deployed as a right back during his four years at the club but has said he would prefer to be a central defender.The France international has been limited to only 45 minutes in the German Super Cup so far this season and missed Bayern’s first two league games. Bayern said last week he had an illness that was preventing him f...

National Bank of Canada: Fiscal Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 20:44:30 GMT

MONTREAL (AP) — MONTREAL (AP) — National Bank of Canada (NTIOF) on Wednesday reported net income of $629.4 million in its fiscal third quarter.The bank, based in Montreal, said it had earnings of $1.77 per share. Earnings, adjusted for non-recurring gains, were $1.66 per share.The bank posted revenue of $4.47 billion in the period. Its revenue net of interest expense was $1.88 billion, exceeding Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTIOF at https://www.zacks.com/ap/NTIOFSource

Patterson Cos.: Fiscal Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 20:44:30 GMT

ST PAUL, Minn. (AP) — ST PAUL, Minn. (AP) — Patterson Cos. (PDCO) on Wednesday reported fiscal first-quarter earnings of $31.2 million.The St Paul, Minnesota-based company said it had profit of 32 cents per share. Earnings, adjusted for amortization costs, came to 40 cents per share.The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 40 cents per share.The medical supplies maker posted revenue of $1.58 billion in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $1.57 billion.Patterson Cos. expects full-year earnings in the range of $2.45 to $2.55 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PDCO at https://www.zacks.com/ap/PDCOSource

REX: Fiscal Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 20:44:30 GMT

DAYTON, Ohio (AP) — DAYTON, Ohio (AP) — REX American Resources Corp. (REX) on Wednesday reported net income of $9.1 million in its fiscal second quarter.On a per-share basis, the Dayton, Ohio-based company said it had profit of 52 cents.The ethanol producer posted revenue of $212 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 REX at https://www.zacks.com/ap/REXSource

Kremlin says ‘Deliberate wrongdoing’ among possible causes of plane crash that killed Prigozhin

Published Mon, 16 Dec 2024 20:44:30 GMT

MOSCOW (AP) — The Kremlin said Wednesday that “deliberate wrongdoing” is among the possible causes of the plane crash that killed mercenary leader Yevgeny Prigozhin last week. Speaking to reporters during his daily conference call, Kremlin spokesperson Dmitry Peskov noted that “different versions” of what happened exist and “are being considered,” including “let’s put this way, deliberate wrongdoing.” He urged reporters to wait until the probe by the Russian Investigative Committee is concluded, and said there can’t be an international investigation into it. The committee said last week it has opened a criminal case on charges of flight safety violations, a standard charge used in plane crash investigations in Russia when there is no immediate reason to suspect foul play. A business jet carrying Prigozhin, founder and leader of the private military force Wagner, and his top lieutenants crashed halfway between Moscow and St. Petersburg last Wednesday, killing all 10 peopl...

Dos hombres ugandeses podrían enfrentarse a la pena de muerte tras ser acusados de “homosexualidad agravada”

Published Mon, 16 Dec 2024 20:44:30 GMT

(CNN) — Dos hombres en Uganda enfrentan cargos separados de “homosexualidad agravada”, un delito castigado con la muerte según las nuevas y controvertidas leyes antigay del país.Un hombre de 20 años del distrito de Soroti, en el este de Uganda, fue acusado el 18 de agosto después de que supuestamente “realizó relaciones sexuales ilegales con un [hombre] de 41 años con discapacidad”, dijo a CNN Jacqueline Okui, portavoz de la oficina del director del Ministerio Público.La “homosexualidad agravada”, según la tan criticada ley, implica el incesto, el sexo con niños, así como con personas con discapacidad o ancianos.La ley, promulgada en mayo, también prohíbe el matrimonio homosexual en Uganda y castiga los actos entre personas del mismo sexo con cadena perpetua.Han pasado décadas desde la última vez que Uganda llevó a cabo una ejecución, pero su antiguo presidente, Yoweri Museveni, había amenazado en 2018 con reanudar la aprobación estatal para la pena capital.La abogada Justine ...

Hurricane Idalia makes landfall as dangerous Category 3 storm on Florida's west coast

Published Mon, 16 Dec 2024 20:44:30 GMT

CEDAR KEY, Fla. (AP) — Hurricane Idalia made landfall on Florida’s west coast as a dangerous Category 3 storm on Wednesday and was unleashing life-threatening storm surges and rainfall in an area not accustomed to such pummeling.Idalia came ashore in the lightly populated Big Bend region, where the Florida Panhandle curves into the peninsula. It made landfall near Keaton Beach at 7:45 a.m. as a high-end Category 3 hurricane with maximum sustained winds near 125 mph (205 kph). The storm also brought flooding to the streets of Tampa and other communities. LIVE: Hurricane Idalia brings catastrophic storm surge, destructive winds to Florida’s Big Bend Florida residents living in vulnerable coastal areas were ordered to pack up and leave as Idalia gained strength in the warm waters of the Gulf of Mexico. And those who didn't were warned to find a safe place while the storm moves through. “Don’t put your life at risk by doing anything dumb a...