An anonymous reader quotes a report from Bloomberg: The Trump administration is exploring restrictions on billionaire Jack Ma’s Ant Group as well as Tencent Holdings Ltd. over concerns that their digital payment platforms threaten U.S. national security, according to people familiar with the matter, a move that risks infuriating China and disrupting what could be the world’s largest initial public offering….
Tag: Citigroup Inc
Bank of America to Raise Minimum Wage to $20 an Hour
A day before he was to testify before Congress, Bank of America’s chief executive, Brian Moynihan, said the lowest-paid workers would earn $17 an hour starting in May and $20 in two years. Source: https://www.nytimes.com/2019/04/09/business/bank-of-america-minimum-wage.html?partner=rss&emc=rss
Gun Control Group’s Report Card on U.S. Banks’ Firearms Ties Has Several Fs
Guns Down America graded 15 large consumer banks on their commitment to gun safety and their relationships to the gun industry. Source: https://www.nytimes.com/2019/04/04/business/gun-control-banks.html?partner=rss&emc=rss