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The 7 most important things in the leaked FinCEN files, which exposed $2 trillion in suspicious transactions and are roiling the world of finance
JP Morgan Chase & Co sign outside headquarters in New York Reuters Thousands of leaked documents from the Financial Crimes Enforcement Network were shared with hundreds of journalists, revealing how big banks have for years engaged with dirty money. The agency, which operates under the Treasury Department, compiles “suspicious activity reports” when it detects potential or evident financial crimes. Banks such as JPMorgan Chase, HSBC, and Deutsche Bank facilitated the movement of criminal money even after getting caught, the agency reported. Here are some of the biggest takeaways from the scandal. Visit Business Insider’s homepage for more stories. Thousands of leaked documents shared with hundreds of journalists reveal how some…
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POTTERY BARN LAUNCHES “POTTERY BARN RENEWED” | Business & Finance
SAN FRANCISCO–(BUSINESS WIRE)–Sep 18, 2020– Pottery Barn, a member of the Williams-Sonoma, Inc. (NYSE: WSM) portfolio of brands, together with The Renewal Workshop, the leading provider of circular solutions for apparel and textile brands, today unveils Pottery Barn Renewed. This renewed line of products represents the brand’s first step towards becoming a circular business and furthering its leadership in sustainability and innovation. Pottery Barn Renewed extends the life of the brand’s imperfect and returned items, helping to keep them out of landfills. Products across the categories of bedding, bath, curtains, pillows, throws, table linens and robes are given a second life, maximizing their value and making them available to the…
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After six months, tech for Manchester students a work in progress | Education
The shift to remote learning over a weekend in March meant Manchester had to make sure every student had a computer to use for schoolwork. Six months later, it’s still a work in progress, said Stephen Cross, the school district’s chief information officer. At the beginning of 2020, Manchester was a “two-to-one” district — two students to one computer, he said. Cross had replaced thousands of outdated laptops before the pandemic and has purchased thousands more, but some students are still waiting. “We have 3,100 Chromebooks on order, and we have no idea when we’re going to get those,” he said. Some schools had a surplus of Chromebooks, so Cross…
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Iowa BBQ Company brings southern cuisine to Northwest Iowa | Food and Cooking
Matt Simms loads up the smoker with beef brisket to cook for twelve hours at Iowa BBQ Company in Le Mars. Jesse Brothers, Sioux City Journal “In a heat wave, we have our smokers going,” Sitzmann said. “While we’re closed for a few months every winter, our smokers will still be going when there’s snow on the ground.” It probably goes without saying that there is always an appreciative fan base for Iowa BBQ Company’s grub. “People don’t ordinarily think that the ‘Ice Cream Capital of the World’ would have authentic barbecue but people are willing to drive great distances for our food,” Sitzmann said. “Social media’s been great at…
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Shopping for Fashion, Six Months On
Will shopping ever return to the way it was before the age of coronavirus? Probably not in 2020. Sept. 18, 2020 Six months have passed since lockdown measures were put in place to stop the spread of the coronavirus, causing sales for the fashion and retail industries to plunge as stores closed for months on end. Come September, the majority of stores will have reopened, albeit with a slew of new safety measures in place and significantly lowered foot traffic. Here are five of the biggest shifts in the fashion retail landscape we’ve seen in the age of coronavirus. Offline Had to Go Online — Fast This month, Boston Consulting…
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Why Apple Focuses On Health And Fitness
Apple continues to focus efforts on more robust health and fitness apps for its Apple Watch. Getty Images In 2009, I discussed with an Apple exec who shared with me the impact Steve Jobs’ health crisis had on the Apple execs and many of its employees. As we now know, in 2003, Jobs was diagnosed with pancreatic cancer, a disease that eventually claimed his life in 2011. Apple’s execs and other employees close to Jobs watched in dismay as they saw their beloved leader suffering through this medical crisis. Those who knew him well were deeply moved by what they saw as they sat by helplessly as his health declined.…
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