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NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman ever to lead a Wall Street bank when she succeeds CEO Michael Corbat in February. The New York bank announced the succession Thursday. Fraser is currently head of Citi's global consumer banking division, a major part of the bank that oversees checking and savings accounts but also Citi's massive credit card business. For 16 years, Fraser has worked in various departments within Citi:- 2015-19: Chief Executive Officer of Citi’s Latin American region.- 2013-15: Chief Executive Officer of the U.S. Consumer and Commercial Banking and CitiMortgage. - 2009-13: Chief Executive Officer of Citi's Private Bank. - 2007-09: Global Head of Strategy and Mergers & Acquisitions.In 2004, she joined the company in its Corporate and Investment Banking division.She previously worked at McKinsey & Company, Goldman Sachs, and Asesores Bursátiles.Fraser also serves as a member of the Board of Dean’s Advisors at Harvard Business School and Stanford University’s Global Advisory Council. She's also a member of the Council on Foreign Relations.She earned her M.B.A. from Harvard Business School and an M.A. in economics from Cambridge University.Fraser's climb to the CEO role is a major accomplishment in an industry long dominated by men. Corbat led Citigroup for eight years, rebuilding the company after it nearly collapsed during the Great Recession and 2008 financial crisis.Corbat had been with the company for 37 years. 1500

NILES, IL — Most would agree 2020 has been a tough year. For one custom toymaker, though, it has been fueling his niche business. Part Santa’s elf, part satirist and a kid at heart, Dan Polydoris' home in Niles, Illinois is a shrine to toys.But for the avid toy collector, it wasn’t enough to just collect. A decade ago, he decided to create.“Most of the time, for figures, I start with some kind of existing figure,” he explained. “I have parts upon parts.”Death by Toys was born out of that need. But his re-purposed action figures and throwback novelties aren’t just toys, they’re often imbued with scathing social commentary.“I like a good jab at a fragile male ego as much as I love just a forklift driver who looks sexy or something like that,” said Polydoris.Everything is painstakingly made by hand. Nothing is mass-produced, which means everything is made in small batches or even as one-of-a-kind creations.Items like the limited edition "Karen" figure sell for 5. A package of air is sold as "100% Genuine Thoughts & Prayers."Last month after a fly landed on Mike Pence’s head during the vice-presidential debate, Polydoris offered up 50 "Mike Pence Head Fly" toys. They sold out almost immediately.“We're just all the worst. And we all were like, 'That fly is the hero we needed.’”In 2016, horror filmmaker Eli Roth gifted one of Polydoris’ Maniac-inspired bloody scalps to writer Stephen King.His toy-making handiwork has even been featured on The Tonight Show with Jimmy Fallon.“I will say the generally positive response to the garbage that I make has been surprising and has been a pleasure and a nice little treat," the toy maker said.But Polydoris says it’s not the mass appeal he’s interested in and he knows his edgy brand of "art" may not be for everyone.“The truth is anything that has a point of view will have someone that doesn't like that,” he said. “So, that's just the deal.”Still, in a year like 2020 where his bestselling items include the coronavirus and a garbage fire, Polydoris says his custom collectibles may just be the brand of humor we all need right now.“Someone who might have at the beginning of the year been like, ‘No thank you,’ but now, after a year of living alone and growing a beard down to here, you know we're all kind of pushed to the edge a little bit. So, I think that that kind of stuff speaks to all of us right now.” 2392

North Korea is getting increasingly angry at the US, as talks are deadlocked and tensions between the two countries are on the rise, a source familiar with the discussions told CNN.US and foreign sources close to the talks paint a picture that's starkly different from the image President Donald Trump sought to convey Wednesday, when he told reporters the administration is "very happy with how it's going with North Korea. We think it's going fine."Trump had been asked about the administration's announcement, in the middle of the night as Tuesday's midterm elections results were coming in, that Secretary of State Mike Pompeo's Thursday meeting with a key aide to North Korean leader Kim Jong Un had been postponed."We're very happy with how it's going with North Korea. We think it's going fine. We're in no rush. We're in no hurry," Trump told reporters at a White House press conference. "The sanctions are on. The missiles have stopped. The rockets have stopped. The hostages are home. The great heroes are home." 1030

NEW YORK (AP) — NFL Commissioner Roger Goodell says the league was wrong for not listening to players fighting for racial equality and encourages them to peacefully protest. One day after Patrick Mahomes and several of his peers released a video demanding the league condemn racism, Goodell made his strongest statement on the issues many players passionately support. Goodell offered condolences to the families of George Floyd, Breonna Taylor, Ahmaud Arbery and all the families who have endured police brutality. He says the NFL condemns racism and the systematic oppression of black people and admits the league was wrong for not listening to NFL players earlier.“It has been a difficult time for our country. In particular, black people in our country,” Goodell said in a video released Friday. “First, my condolences to the families of George Floyd, Breonna Taylor, Ahmaud Arbery and all the families who have endured police brutality. We, the National Football League, condemn racism and the systematic oppression of black people. We, the National Football League, admit we were wrong for not listening to NFL players earlier and encourage all to speak out and peacefully protest. We, the National Football League, believe Black Lives Matter. I personally protest with you and want to be part of the much needed change in this country.“Without black players, there would be no National Football League. And the protests around the country are emblematic of the centuries of silence, inequality and oppression of black players, coaches, fans and staff. We are listening. I am listening, and I will be reaching out to players who have raised their voices and others on how we can improve and go forward for a better and more united NFL family.” 1757

NEW YORK — New York’s attorney general has sent a subpoena to the Trump Organization for records related to consulting fees paid to Ivanka Trump as part of an investigation into the president’s business dealings. That's according to a law enforcement official who spoke to The Associated Press Thursday on condition of anonymity. The New York Times reported that a similar subpoena was sent to President Donald Trump’s company by the Manhattan district attorney, who is conducting a parallel probe. The records requests followed recent reporting in The Times, based partly on two decades’ worth of Trump’s tax filings, that the president had reduced his company’s income tax liability over several years by deducting million in consulting fees as a business expense.Records strongly suggested, The Times reported, that 7,622 of those fees had been paid to Ivanka Trump, the president’s daughter, through a company she owned at a time when she was also a Trump Organization executive.If true, that wouldn’t necessarily pose a problem for Ivanka Trump herself, as long as she paid income tax on the consulting payments, which she reported publicly.It could, however, raise questions about whether the Trump Organization’s related tax deductions were allowable. The Internal Revenue Service has, in the past, pursued civil penalties over large consulting fee write-offs it found were made to dodge tax liability.Ivanka Trump tweeted that the subpoenas were “harassment pure and simple.” 1498