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NEW YORK (AP) — New York state says Deutsche Bank has agreed to pay 0 million to settle claims that it broke compliance rules in its dealings with the late sex offender Jeffrey Epstein. The penalty was announced in an agreement Tuesday by Superintendent of Financial Services Linda A. Lacewell. “Banks are the first line of defense with respect to preventing the facilitation of crime through the financial system, and it is fundamental that banks tailor the monitoring of their customers’ activity based upon the types of risk that are posed by a particular customer,” Superintendent Lacewell said in the press release. “In each of the cases that are being resolved today, Deutsche Bank failed to adequately monitor the activity of customers that the Bank itself deemed to be high risk. In the case of Jeffrey Epstein in particular, despite knowing Mr. Epstein’s terrible criminal history, the Bank inexcusably failed to detect or prevent millions of dollars of suspicious transactions.”The release said the agreement marked the first enforcement action by a regulator against a financial institution for dealings with the financier. Epstein killed himself last August in a Manhattan federal jail while awaiting trial on sex trafficking charges. In a statement, the German bank said the settlement reflected its cooperation. Deutsche Bank CEO Christian Sewing addressed the bank's staff in a press release stating that taking Epstein on as a client in 2013 "was a critical mistake and should never have happened.""I would like to thank our colleagues involved for their determined handling of these cases and the internal investigations, which the DFS acknowledged as 'exemplary,'" Sewing said in a press release. "At the same time, we all have to help ensure that this kind of thing does not happen again. It is our duty and our social responsibility to ensure that our banking services are used only for legitimate purposes. That's exactly why we should always examine things critically, ask questions, and speak up. I also recommend that you read the DFS consent order and the client Q&A so that we are aware of our mistakes and learn the appropriate lessons from the past."It said it has significantly boosted its anti-financial crime capabilities.The state also found that other payments went to Russian models and for women’s school tuition, hotel, and rent expenses, as well as suspicious cash withdrawals — in total, more than 0,000 over approximately four years. 2490
New research has found American workers took an average of 17.2 days of vacation in 2017, up almost a half-day from 2016.Project: Time Off, who are affiliated with the U.S. Travel Association, says "this marks the highest level for American vacation usage since 2010 (17.5 days) and more than a full-day increase since bottoming out at 16 days in 2014."But maybe these aren't enough days as 52 percent of Americans left an "accumulated 705 million unused days" in 2017, which has increased from 662 million in 2016.How? The increase in unused days, despite Americans taking more vacation, is attributed to employees earning more time off (23.2 days in 2017, compared to 22.6 in 2016).Further, nearly 25 percent of Americans have not taken a vacation in more than a year.Some possible barriers? 807
NEW YORK (AP) — Lawyers for the Girl Scouts say that the century-old organization is now directly competing with the Boy Scouts for female recruits and that it's not a fair fight. The lawyers filed papers Thursday in federal court in Manhattan to repel an effort by the Boy Scouts to toss out a 2-year-old trademark infringement lawsuit. Lawyers for the Boy Scouts last month asked a judge to reject claims that the organization is infringing on trademarks when it recruits girls with words like “scouts" and “scouting.” The Girl Scouts say in their filing that the Boy Scouts' marketing of expanded services for girls is “highly damaging.” 648
NEW YORK CITY -- Diners at a restaurant in New York City are requesting bubbles. But not the kind of bubbles to float away on, or to drink.Cafe du Soleil has created bubble seating for its customers. The Alvantor bubbles are plastic and can zip open or closed on two sides. There is plenty of room for a table of four inside."People love it. It's very supple. It's very cozy," owner Alain Chevreax said.He started preparing for cold weather early."I ordered the first bubble in July to try out because I was already thinking about the fall weather," Chevreax said.The restaurant now has 16 bubble tables.Cafe du Soleil is one of thousands of New York City restaurants struggling to stay afloat due to the COVID-19 pandemic.Chevreaux said he hopes the bubbles keep diners warm and dry as the temperature drops. He estimated the bubbles will be useful until the temperature goes below 45 degrees."Now people are aware of the bubble and when they make a reservation they say, 'Can we have a bubble?' I say, 'Of course you can have a bubble,'" Chevreaux said.In addition to comfort, customers Alfred and Barbara MacAdam said they like that they're protected from other people's germs."It also helps the restaurant bring more people in because you are enclosed and therefore protected," Alfred MacAdam said.While Cafe du Soleil has a plan to supplement indoor dining, which begins in New York on Sept. 30 at 25% capacity, many city restaurants do not.Despite the start of the fall season on Tuesday, Andrew Rigie, of the New York City Hospitality Alliance, said the city still has not given restaurants guidance on heat lamps."We have really been pushing the city, saying these small business owners need an opportunity to plan,” Rigie said. “Are you going to allow propane, which they can't currently use? Can they use electric?"Rigie said he hopes the state will eventually allow New York City restaurants to increase indoor dining to 50% capacity. But until then, restaurants are doing the best they can.This story originally reported by Allison Kaden on PIX11.com. 2072
North Dakota Senator Heidi Heitkamp is facing the very real possibility that she may have to say good bye to the seat she's held for the past six years.Heitkamp is a moderate Democrat, who touts her ability to make tough choices and not always voting based on politics. One of the hardest moments for her was voting "no" to Supreme Court nominee Brett Kavanaugh."I think that a lot of people wrote the political obituary after that vote, and it may in fact be that," says Heitkamp.Voting against Trump was also a risky move, in a state that voted for the president by a 36-point margin.When asked if that factored into her decision at all, Heitkamp replied, “No, because when you’re making this decision, especially on a Supreme Court justice, there’s no do-overs.”In recent polls, Heitkamp trailed her opponent, Congressman Kevin Cramer, by double digits.Having someone always stand with Trump seems to be what some voters in North Dakota are looking for.“She voted ‘no’ on Kavanaugh; that was a big deal to me,” says one voter.But there were plenty who would say the opposite.“I really admired her for doing what was right in her heart, rather than what she was pressured to do,” says another voter. “So, I admire her independence on that.”Heitkamp hopes that come Tuesday she'll beat the odds and be elected to serve another term. 1346