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The City of Chicago announced it is taking actor Jussie Smollett to civil court in order to recoup 0,000 in investigation costs after the city's police department accused the actor of staging a hate crime, WGN-TV 228

The family that owns well-known consumer brands like Krispy Kreme doughnuts, Keurig Dr. Pepper and Panera Bread say their Nazi ancestors used slave labor during World War II.The Reimann family, which owns the controlling stake in JAB Holdings and is reportedly one of the richest families in Germany, will donate €10 million, or million, to a yet-undisclosed charity after a three-year investigation that it commissioned discovered details of their ancestors' behavior.A family spokesperson said Albert Reimann Sr., who died in 1954, and Albert Reimann Jr., who died in 1984, used Russian civilian prisoners and French prisoners of war as forced labor in their factories during the war, and that they were anti-Semites and avowed supporters of Adolf Hitler.The investigation also found that Reimann Sr. donated to Hitler's paramilitary SS force as early as 1931.Investigators also found a letter from Reimann Jr. to a local mayor complaining that the French prisoners of war weren't working hard enough and should be in prison."Reimann Senior and Reimann Junior were guilty. The two businessmen have passed away, but they actually belonged in prison," said Peter Haft, the chairman and one of the managing partners of JAB Holdings, in an interview with German publication Bild. "We were ashamed and white as sheets. There is nothing to gloss over. These crimes are disgusting." A family spokesperson confirmed the quote to CNN Business.The family expects to publish a book next year that will detail the ties.JAB Holdings, which is based in Luxembourg, also owns Peet's Coffee, Pret A Manger, Einstein's Bagels and Coty.The company acquired most of its best-known brands within the last several years. It took a stake in Coty in the early 1990s, and is the beauty company's largest shareholder. 1810

The average 401(k) balance rose 17% last year to 2,300 from the end of 2018, according to a review of 17.3 million accounts by Fidelity Investments. The average individual retirement account, or IRA, balance rose the same percentage to 5,400.Surging markets around the world were a big reason for the growth: The S&P 500 index had one of its best years in decades with a 31.5% return. Investments of all types logged gains, from junk bonds to stocks from developing economies.But workers¡¯ better savings habits also played a big role.Fidelity said the average worker set aside 8.9% of their pay in their 401(k) in the fourth quarter, a record. Combined with employer matches, the average total savings rate was 13.5% in the quarter, tying its record last reached in the spring of 2019.¡°Nobody can control the market, so the behaviors of people contributing to their 401(k)s are what get us the most excited,¡± said Katie Taylor, vice president of thought leadership at Fidelity. ¡°We have people saving 13.5%, which is really close to the 15% that we recommend. That¡¯s a great story.¡±In many cases, workers may not even realize they¡¯re saving more. Most employers give the option for workers to automatically increase their contributions each year, without having to do anything. Some employers even automatically sign up their employees for these auto-escalation programs, requiring them to opt out if they don¡¯t want their contribution levels to steadily rise.Such features are on top of programs where employers automatically enroll new hires in the 401(k) plan. They all lean on the power of inertia to help workers build up bigger nest eggs. It¡¯s a sharp turnaround from earlier years when workers had to take an extra step to join the 401(k) plan and fill out paperwork whenever they wanted their contribution levels to change.¡°There¡¯s always a way, if you don¡¯t want to do it, where you can unenroll, but these automatic programs have been a game changer,¡± Taylor said.Consistent contributions ¡ª and giving them time to grow ¡ª are keys to building bigger portfolios. Among workers who have been in their 401(k) plan for 10 straight years, the average balance rose to a record 8,200, according to Fidelity.Such figures, though, count only people who have a 401(k). Many lower-income workers, particularly at smaller employers, could not save in a 401(k) even if they wanted to because their companies don¡¯t offer access to one. Legislation passed late last year aims to make it easier for smaller employers to band together and offer plans.Nearly half of all U.S. households aged 55 and over, 48%, had no retirement savings at all as of 2016, according to estimates from the Government Accountability Office. 2737

The federal judge overseeing the case against Jeffrey Epstein on Wednesday ordered a hearing to discuss prosecutors' effort to dismiss the indictment against the alleged sex trafficker in the wake of his death.In a court filing, US District Court Judge Richard Berman said he believed the August 27 hearing would help shed light on the conclusion of the case against Epstein. The New York City medical examiner determined Epstein died by suicide while in jail on August 10."The court believes that where, as here, a defendant has died before any judgment has been entered against him, the public may still have an informational interest in the process by which the prosecutor seeks dismissal of an indictment," the judge wrote.Even prior to Epstein's death, the case had attracted intense public interest.The judge added that Epstein's alleged victims may speak at the hearing, along with their lawyers, prosecutors and Epstein's defense team.Prosecutors file motion to dismiss indictmentEpstein had been charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking. Prosecutors accused him of operating a sex trafficking ring in which he both paid underage girls to have sex with him and paid some of them to recruit other victims.He had pleaded not guilty and was set to face trial next year.Prosecutors on Monday filed court papers to dismiss the indictment against Epstein, a routine step in a case in which the defendant has died. Prosecutors said in the court filing that they had "made efforts to contact all identified victims since learning of the death of the defendant and will similarly notify all known victims" of the order to dismiss the indictment.Prosecutors had said hours after Epstein died that their office would continue to pursue an investigation of any of his alleged accomplices, and they hinted at that effort Monday."As this Office has previously stated publicly, it remains committed to doing its utmost to stand up for the victims who have already come forward, as well as for the many others who have yet to do so," prosecutors wrote. 2124

The Federal Reserve on Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn.Policymakers led by Fed Chairman Jerome Powell voted 8-2 in favor of a small cut in the federal funds rate, and recommitted to their promise to "act as appropriate" to sustain the country's 369