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Reuters —A US appeals court said on Tuesday that Madrid’s Thyssen-Bornemisza museum may keep a painting by the French impressionist Camille Pissarro that the Nazis looted from a Jewish woman, rejecting an ownership claim that her heirs have pursued for more than two decades. The 3-0 decision by the 9th US Circuit Court of Appeals in Pasadena, California, came in one of the oldest Nazi art theft cases, which began in 2005 and reached the US Supreme Court two years ago. After learning where the painting was, Neubauer’s grandson, Claude Cassirer, petitioned for its return in 2001, and sued four years later. The painting (far right) on display at Madrid's Thyssen-Bornemisza museum, which acquired the work in 1993. The decision came two years after the Supreme Court threw out an earlier 9th Circuit decision because it misapplied choice-of-law rules.
Persons: Madrid’s Thyssen, Camille Pissarro, , “ Rue Saint Honore, pluie, Rue, Rue Saint Honore, Lilly Neubauer, Thyssen, Baron Hans Heinrich Thyssen, Neubauer’s, Claude Cassirer, David, Madrid's Thyssen, Susana Vera, Judge Carlos Bea, Consuelo Callahan, , Spain’s, Thaddeus Stauber Organizations: Reuters, 9th, Supreme Court, “ Rue Saint, Rue Saint, Bornemisza, United Jewish Federation of San Locations: Bornemisza, Pasadena , California, Paris, Nazi Germany, United Jewish Federation of San Diego County, California, Spain, Nazi
BALTIMORE (AP) — A federal appeals court on Tuesday struck down Maryland’s handgun licensing law, finding that its requirements, which include submitting fingerprints for a background check and taking a four-hour firearms safety course, are unconstitutionally restrictive. Circuit Court of Appeals in Richmond said they considered the case in light of a U.S. Supreme Court decision last year that “effected a sea change in Second Amendment law.”The underlying lawsuit was filed in 2016 as a challenge to a Maryland law requiring people to obtain a special license before purchasing a handgun. Even though Maryland’s law doesn’t prohibit people from “owning handguns at some time in the future, it still prohibits them from owning handguns now,” Richardson wrote. Pennack said the 2013 law made obtaining a handgun an overly expensive and arduous process. Before that law passed, he said, people had to complete a more limited training and pass a background check, among other requirements.
Persons: , Wes Moore, , ” Moore, Judge Julius Richardson, Richardson, G, Steven Agee, ” Richardson, doesn’t, Judge Barbara Milano Keenan, misapplied, Keenan, ” Agee, , Mark Pennack, he’s, Tuesday’s, Pennack Organizations: BALTIMORE, , U.S, Circuit, Supreme, Sandy Hook Elementary, Maryland . Maryland Gov, Republican, Democrat Locations: Richmond, Maryland
It comes one day after former Trump campaign lawyer Sidney Powell also pleaded guilty and agreed to cooperate with prosecutors. Fulton County prosecutors recommended that he serve 5 years of probation and pay $5,000 in restitution, and Fulton County Superior Court Judge Scott McAfee imposed that sentence at Friday’s hearing. Three defendants have now pleaded guilty in the sprawling racketeering case: Chesebro, Powell and Georgia-based bail bondsman Scott Hall. Powell and Hall both admitted their roles in the January 2021 breach of election systems in rural Coffee County, Georgia. At a hearing earlier this week, Fulton County prosecutors and attorneys for Chesebro haggled over how many politically charged questions should be included.
Persons: Kenneth Chesebro, Donald Trump, Fani Willis, Trump, Sidney Powell, Chesebro, Scott McAfee, Rudy Giuliani, John Eastman, Powell, Mike Pence, Joe Biden’s, , Daysha Young, bondsman Scott Hall, Hall, McAfee, misapplied, Jack Smith, Steve Sadow, ” Sadow, Jan, impartially, MAGA, Donald Trump’s, , “ MAGA, “ MAGA Republicans ”, Chesebro’s Organizations: Atlanta CNN, Trump, Fulton, Giuliani, Eastman, Prosecutors, Hall, Justice, CNN, “ MAGA Republicans Locations: Georgia, Fulton County, Fulton, Powell, Coffee County , Georgia, Washington , DC
[1/2] An American Airlines aircraft flies past JetBlue and United Express aircraft as it lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts/File PhotoBOSTON/WASHINGTON, July 26 (Reuters) - A federal judge on Wednesday rejected the Justice Department's bid to restrict JetBlue Airways (JBLU.O) and American Airlines (AAL.O) from entering into any partnerships with other carriers akin to their now-scrapped Northeast Alliance. JetBlue and American Airlines are winding down their arrangement announced in 2020, in which they joined forces for flights in and out of New York City and Boston. While the Northeast Alliance is set to be fully wound down by January, the Justice Department has been pushing for further restrictions on the two airlines. Daniel Wall, a lawyer for American Airlines, called the appointment of monitor highly unusual and said restrictions on deals with other airlines was a step too far.
Persons: Joshua Roberts, Department's, Judge Leo Sorokin, William Jones, Sorokin, Jones, Daniel Wall, Nate Raymond, David Shepardson, Richard Chang, Diane Craft Organizations: American Airlines, JetBlue, United Express, Reagan National Airport, REUTERS, BOSTON, JetBlue Airways, Alliance, Massachusetts, Justice Department, Spirit Airlines, Department, Northeast Alliance, Airlines, Thomson Locations: Arlington , Virginia, U.S, WASHINGTON, New York City, Boston ., Boston, Washington
The Education Department finalized a rule to allow state oversight into federal student-loan servicers. The rule is intended to protect borrowers from misleading behavior or inaccurate payment counts. The department concluded that the Higher Education Act of 1965 allows states to play a role in regulating federal loan servicers to better protect borrowers from misleading behavior. "States may consider and adopt additional measures which protect borrowers and can be harmonized with Federal law," it said. The notice does have some limits on what states can do, like ruling a federal loan servicer in a state cannot continue operations.
Persons: Joe Biden's, Miguel Cardona, Donald Trump's, Betsy DeVos, , servicers Organizations: Education Department, Service, Joe Biden's Education Department, Federal, Higher, Department, servicer Locations: Wall, Silicon, Federal,
In each case, Coinbase filed briefs as an "amicus," or friend of the court. A ruling favoring another crypto defendant at the trial court level would not be binding on Coinbase's own case, but the company could potentially point to it in its defense, legal experts said. Coinbase argued the digital assets on its platform do not pass that test, in part because they lack contractual agreements. In its other amicus brief, Coinbase urged a federal judge in Manhattan to allow the fair notice defense in the SEC case against Ripple Labs, which was the industry's highest-profile battle with the regulator prior to the Coinbase case. Coinbase argued to U.S. District Judge Analisa Torres that denying the Ripple defendants the fair notice defense "would jeopardize the validity of the defense in future cases."
Persons: Coinbase, Gibson Dunn, Crutcher, Akiva Shapiro, Gary Gensler, Paul Grewal, Coinbase's, Cahill Gordon, Reindel, Tana Lin, Ishan Wahi, Wahi, Lin, Gensler, Analisa Torres, Torres, XRP, Jody Godoy, Tom Hals, Deepa Babington Organizations: U.S . Securities, Exchange Commission, U.S, Supreme, SEC, Reuters, FAIR, U.S . Constitution, Ripple Labs, San, District, Thomson Locations: U.S, Coinbase, Manhattan, Solana, Cardano, Seattle, U.S ., San Francisco, New York, Wilmington , Delaware
A Bull or a Bear Market? It Doesn’t Matter.
  + stars: | 2023-06-16 | by ( Jeff Sommer | ) www.nytimes.com   time to read: +1 min
The headlines and market analyses of the last few weeks, saying that stocks are in a bull market, may be a comfort even if they are potentially misleading. News that the Federal Reserve expects further interest rate increases this year has weighed on the market. But is this really a bull market? First, if a bull market means to you that stocks are trending unequivocally upward, then, no, the bull market label is being misapplied right now. Second, even as a retrospective measurement of how the market has performed, this bull market designation is premature, using a stricter definition, one that seems much more sensible to me, as I’ll explain.
Persons: It’s Organizations: Federal Reserve
Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). Our Experts for the Best Personal Loans With No Origination FeesWe consulted personal loan and financial experts to give their insights into finding the best personal loans with no origination fees. Personal Loan With No Origination Fees Frequently Asked QuestionsCan you get a personal loan without an origination fee? How to Choose the Best Personal Loan With No Origination FeesTo select the best personal loan for you, look at the factors that are most important to you. Methodology: How we chose the best personal loans without origination feesWe rate all personal loan products in our reviews and guides on a 1-5 scale.
Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). Our Experts for the Best Personal Loans With No Origination FeesWe consulted personal loan and financial experts to give their insights into finding the best personal loans with no origination fees. See our full ratings methodology for personal loans »Best personal loans without origination fees LightStream Personal LoanSoFi Personal LoanDiscover Personal LoanWells Fargo Personal LoanPenFed Credit Union Personal LoanUSAA Personal Loan Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Personal Loan With No Origination Fees Frequently Asked QuestionsCan you get a personal loan without an origination fee? How to Choose the Best Personal Loan With No Origination FeesTo select the best personal loan for you, look at the factors that are most important to you.
CFPB: What it does and why its future is in question
  + stars: | 2023-03-03 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +6 min
The CFPB’s missionThe agency was created after the 2008 financial meltdown, as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The broad purpose of the CFPB is to protect consumers from financial abuses and to serve as the central agency for consumer financial protection authorities. It is charged with implementing and enforcing consumer protection laws, making rules and issuing guidance for consumer financial institutions. And it is the place consumers can go to lodge complaints about financial products and services. “It has completely changed the consumer financial marketplace.
Alabama Attorney General Steve Marshall said he'd prosecute people who take abortion pills. A day later, Marshall walked back his remarks and said only abortion providers would be prosecuted. Prosecuting people for taking abortion pills would not have been legal in the state of Alabama, civil-rights experts told Insider. The FDA authorized brick-and-mortar pharmacies across the country to pursue certification to carry abortion pills, a move that could expand abortion access nationwide. Kay Ivey in 2019, specifically says abortion providers can be held criminally liable, but people who get abortions cannot be.
wdstock | iStock Editorial | Getty ImagesPeople owed a piece of the $2 billion that Wells Fargo has agreed to pay to customers affected by some of its banking practices could soon receive those funds. related investing news Wells Fargo ordered to pay $3.7 billion for past scandals. Here's why we see it as a positive Wells Fargo also agreed to pay a $1.7 billion civil penalty — the largest ever doled out by the CFPB. "We have already communicated with many of the customers who may have been impacted by the matters covered in the settlement, and those efforts are ongoing," a Wells Fargo spokesperson told CNBC. watch nowIn other words, if you are among the affected customers, you may already have received your share of the $2 billion, or you will automatically hear from Wells Fargo.
Charles Scharf, chief executive officer of Wells Fargo & Co., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, March 10, 2020. Wells Fargo has agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau over customer abuses tied to bank accounts, mortgages and auto loans, the regulator said Tuesday. The bank was ordered to pay a $1.7 billion civil penalty and "more than $2 billion in redress to consumers," the CFPB said in a statement. In October, the bank set aside $2 billion for legal, regulatory and customer remediation matters, igniting speculation that a settlement was nearing. But others remain: Wells Fargo is still operating under a series of consent orders tied to its 2016 fake accounts scandal, including one from the Fed that caps its asset growth.
How to Refinance Your Student Loans
  + stars: | 2022-12-05 | by ( ) www.wsj.com   time to read: +14 min
You can refinance federal student loans, private student loans or both. “If you have several student loans, refinancing is a good way to help streamline payments,” says Joe DePaulo, co-founder of College Ave Student Loans, an online lender. How to refinance student loans in 5 stepsThe process of refinancing student loans typically only takes two to three weeks from start to finish. Student loan refinancing FAQWhen is a good time to refinance student loans? While both federal and private student loans are eligible for refinancing, only federal student loans qualify for Direct loan consolidation.
As the Supreme Court weighs two high-profile cases challenging affirmative action, a vocal minority of Asian Americans continues to impact public debate. Among Chinese Americans, support for affirmative action is at 59%, the lowest within the Asian American community. This also means that they themselves haven’t experienced the benefits of affirmative action or education equity policies, Niu said. Top American universities, however, use a “holistic” admissions process in which affirmative action policies allow them to take race into account. Asian Americans do face discrimination in our society, in our education systems, but they’re not the result of race-conscious policies like affirmative action,” Chen said.
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