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LOS ANGELES (AP) — Wells Fargo has agreed to pay billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals.Since the fake-accounts scandal came to light in 2016, Wells has paid out billions in fines to state and federal regulators, reshuffled its board of directors and seen two CEOs and other top-level executives leave the company. The billion payment announced Friday includes a 0 million civil payment to the Securities and Exchange Commission, which will distribute those funds to investors who were impacted by Wells' behavior.Since 2016, the bank has battled a laundry list of legal troubles, including creating fake accounts, forcing customers into car insurance purchases they didn't need, overcharging customers, and charging them mortgage fees they didn't deserve. 928
LOS ANGELES (CNS) - A much-debated gas tax hike billed as raising billions of dollars a year for statewide transportation improvements will remain in place, with voters rejecting a ballot measure that would have repealed the increase.Proposition 6 would have repealed the hikes that took effect in November 2017, raising the tax by 12 cents per gallon for gasoline and 20 cents per gallon for diesel fuel. The increases included in Senate Bill 1, the Road Repair & Accountability Act of 2017, are projected to raise .2 billion a year, with the money earmarked for road and bridge repairs.Gas tax opponents gathered more than 640,000 petition signatures across the state in an initiative drive to put the repeal effort on the ballot. The drive was spearheaded by former San Diego City Councilman Carl DeMaio, and it was funded in part by Republican gubernatorial candidate John Cox.YOUR VOICE YOUR VOTE: See results of key races"The cost of living is already on the increase in California and families are struggling to survive. This is unacceptable," DeMaio said earlier this year of the gas tax hike. DeMaio and other Prop 6 backers contend that under the gas tax and vehicle registration fee hikes, the average family of four can expect to pay almost 0 more this year alone. A ballot argument co-authored by Cox in favor of Proposition 6 dismisses contentions that the gas tax funding is critical to fixing the state's roads and improving transportation in the state. "Don't be fooled by opponents who claim there is no money to fix roads if Prop 6 passes," the ballot argument states. "If the transportation- related taxes and fees we already paid before this new tax increases took effect were spent on transportation, the state would have .6 billion annually for transportation needs, without raising taxes."Opponents of the measure blasted the proposition, insisting that repealing the gas tax would eliminate funding for transportation projects statewide. In Los Angeles, a recent City Administrative Office report estimated that eliminating SB1 funding would cost the city .5 million in funding this fiscal year alone, while the county could lose more than billion.Gov. Jerry Brown, who championed the gas tax, has been vocal in his opposition to Proposition 6."The test of American strength is whether we defeat this stupid repeal measure which is nothing more than a Republican stunt to get a few of their losers returned to Congress," Brown said during a recent event at Los Angeles Union Station. "And we're not going to let that happen." 2585

Look up at the sky this week. We will get a treat as Jupiter and Saturn will be the closest they have been in the sky in four centuries. Appearing as a “Christmas star,” the "great conjunction" happens next Monday, December 21, which also happens to be the Winter Solstice, marking the start of the winter season. A conjunction happens when planets appear close in the night sky and line up with Earth’s orbits. The last time Jupiter and Saturn were this close was 1623, about 14 years after Galileo was using rudimentary telescopes to study outer space. However, that year, the conjunction was too close to the sun to view it. The last time Jupiter and Saturn were this close and visible to the Earth was during the Middle Ages in 1226. 746
LONDON — People across England face tough new fines if they fail to self isolate after testing positive for COVID-19.Starting Monday, those who fail to follow the rules face a 1,000-pound (,200) fine, which increases to 10,000 pounds for repeat offenders. The Department of Health and Social Care says those who test positive also will be fined if they knowingly provide false information to contact tracers.Health Secretary Matt Hancock says the government will “not hesitate” to introduce further measures to restrict the spread of the coronavirus.The House of Commons on Wednesday may consider an amendment to existing legislation that would give Parliament the right to vote on any new restrictions.Britain already has Europe’s worst death toll from the pandemic, with about 42,000 confirmed deaths. But those who are calling for tighter restrictions are being challenged by critics who fear further damage to the economy.In addition to national restrictions, about one-quarter of the U.K.’s 65 million people are living under tighter local restrictions to fight local outbreaks. 1093
LOS ANGELES (CNS) - Uber and Lyft will keep operating in San Diego and across California -- for now -- with a state appeals court Thursday putting on hold a ruling requiring the ride-hailing companies to classify their drivers as employees instead of independent contractors.The decision by the state's 1st District Court of Appeal averted threats by Uber and Lyft to shut down all California operations at midnight. Uber officials said earlier this week they would likely shut down, and Lyft issued a statement earlier Thursday saying its operations would be halting at midnight.In a blog post on Thursday morning, Lyft stated: “At 11:59PM PT today our rideshare operations in California will be suspended. This is not something we wanted to do, as we know millions of Californians depend on Lyft for daily, essential trips.”Lyft added: “This change would also necessitate an overhaul of the entire business model -- it’s not a switch that can be flipped overnight.”The dispute traces its roots to the state's passage of Assembly Bill 5, which effectively required the companies to classify their drivers as employees, a move supporters said would guarantee their wages and assure them of other benefits and workplace protections.The companies, however, said the move would require a complete overhaul of their operations and would actually hurt drivers -- forcing them to work set schedules instead of giving them the flexibility to work only when they wanted. The companies also said the move would result in many drivers losing their jobs unless they could work standard hours, and would likely also harm overall service for riders.California Attorney General Xavier Becerra, and the city attorneys of San Diego, Los Angeles and San Francisco argued in court that Uber and Lyft have misclassified their drivers as independent contractors, preventing them from receiving "the compensation and benefits they have earned through the dignity of their labor" such as the right to minimum wage, sick leave, unemployment insurance and workers' compensation benefits.On Aug. 10, San Francisco-based Judge Ethan P. Schulman ruled against the companies, but he stayed his decision for 10 days to give them time to appeal. They did so, resulting in Thursday's last-minute ruling putting Schulman's ruling on hold.The court, however, warned the companies to continue preparing for the possible switch to employee drivers, saying each company must submit a sworn statement by Sept. 4 "confirming that it has developed implementation plans." The companies must also affirm they are prepared to actually implement those plans and switch to the employee system within 30 days if they ultimately lose their appeal and a company-sponsored measure on the November ballot fails.That ballot measure, Proposition 22, would allow ride-hailing drivers to work as independent contractors.The court scheduled oral arguments in the appeal for Oct. 13.Lyft contends that four out of five drivers prefer working as independent contractors so they can have more flexibility. 3056
来源:资阳报