Kushner Companies Has Been Subpoenaed as Part of a Probe Into False Housing Paperwork

(NEW YORK) — The Kushner Cos. confirmed Thursday it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City. The real estate company issued a statement saying it has “nothing to hide and is cooperating fully with all legitimate requests for information, including this subpoena.” The statement said the federal subpoena came last month, just a day after the AP reported the Kushner Cos. routinely filed false paperwork with the city stating it had zero rent-regulated tenants in buildings across the city when, in fact, it had hundreds. The AP report covered… Read More

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Southwest Airlines sought more time for engine inspections

DALLAS — Southwest Airlines sought more time last year to inspect jet-engine fan blades like the one that snapped off during one of its flights Tuesday in an accident that left a passenger dead. The airline opposed a recommendation by the engine manufacturer to require ultrasonic inspections of certain fan blades within 12 months. Southwest said it needed more time, and it raised concern over the number of engines it would need to inspect. Other airlines also voiced objections. It wasn’t until after Tuesday’s accident that the Federal Aviation Administration announced that it will soon make the inspections mandatory. It is unclear how many planes will be affected by the… Read More

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U.S. to fine Wells Fargo $1 billion — the most aggressive bank penalty of the Trump era

WASHINGTON – Federal regulators are preparing to fine megabank Wells Fargo about $1 billion for misbehavior in its auto and mortgage businesses, according to two people familiar with the negotiations. The settlement, which could be announced as soon as Friday, would be the most aggressive move by regulators during the Trump administration to punish a big bank. It also escalates problems at Wells Fargo, which has been under intense federal scrutiny since admitting in 2016 that it had opened millions of sham accounts customers didn’t want. The regulators – the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency – have been investigating Wells Fargo for… Read More

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GW Pharmaceuticals’ CEO talks Epidiolex, future of cannabidiol medicine

UPDATE: GW’s Epidiolex on April 19 received a unanimous recommendation from the Peripheral and Central Nervous System Drugs Advisory Committee of the U.S. Food and Drug Association. The following article has been updated to reflect that decision. This is a make-or-break spring for GW Pharmaceuticals and its billion-dollar investment in a cannabidiol-based drug. The London-based firm aims to develop the first FDA-approved medicine from plant-derived cannabis compounds. The U.S. Food and Drug Administration could decide as early as June 27 whether Epidiolex, a CBD oral solution, could be prescribed to patients with rare epilepsy conditions. And as GW approaches that deadline, it appears the odds are in the company’s favor.… Read More

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2018 NFL schedule: A heavy emphasis on good prime-time games for all three networks

When Fox spent more than $3 billion to get into the “Thursday Night Football” business, it was clear the NFL would try to give them a good schedule of Thursday night games. Fox gets a solid mix of Thursday night games with big-time teamsNBC gets the cream of the crop againESPN didn’t do too bad for Monday nights, either – – – – – – – … …read more Source:: AOL.com       

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