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The worried parents spoke out last week after learning that the Boone County Board of Education had allowed the 14-year-old suspect to return to school despite having been charged with second-degree terroristic threats. Conner High School in Hebron, Ky. Google MapsParent Rob Bidleman, who said his child was on the teenage suspect’s “active kill list,” struggled to contain his emotions as he described hearing about the development from Andy Wyckoff, the Conner High School principal. “I think it puts an unnecessary burden on Mr. Wyckoff with his own son on that list. Wyckoff was also adamant that his son will remain at Connor High School even though he was one of the threatened students. "Conner High School remains a safe school."

☆ Bank earnings fail to impress investors as recession worries rise
▼ + stars: | 2023-01-13 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

New York CNN —JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts Friday, but investors were nonetheless disappointed. Shares of JPMorgan Chase (JPM) and BofA (BAC) both fell about 3% in early trading. Wells Fargo (WFC), which reported earnings that missed Wall Street’s targets, was down 4%. JPMorgan Chase and Citi each said that advisory fees plummeted nearly 60% in the quarter. “The current environment offers incredible opportunities for long-term investors,” said BlackRock CEO Larry Fink in the earnings release.

☆ Mississippi agency denies NAACP’s water discrimination claim
▼ + stars: | 2023-01-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

A Mississippi environmental regulator has denied claims that the state agency he leads discriminated against the capital city of Jackson in its distribution of federal funds for wastewater treatment. Most of Jackson lost running water for several days, and people had to wait in lines for water to drink, cook, bathe and flush toilets. The EPA announced on Oct. 20 that it was investigating whether Mississippi state agencies discriminated against the state’s majority-Black capital city by refusing to fund improvements to the water system. EPA Administrator Michael Regan has visited Jackson multiple times and has said “longstanding discrimination” has contributed to the decline of the city’s water system. The federal agency could withhold money from Mississippi if it finds wrongdoing — potentially millions of dollars.

☆ Premarket stocks: Japan just delivered a lump of coal to investors across the globe
▼ + stars: | 2022-12-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

A surprise announcement from the Bank of Japan sent investors spinning and global markets reeling on Tuesday. The country’s central bank signaled that it would reverse two decades of policy precedent and begin to move away from loose monetary policy intended to keep wages and prices high. The Japanese Central Bank loosened the yield on its 10-year government bonds from 0.25% to 0.5%. The central bank said that inflation expectations have risen. Japan’s is the last major central bank to keep rates negative and this signals that it could be shifting its stance.

☆ Wells Fargo ordered to pay $3.7 billion for ‘illegal activity’ including unjust foreclosures and vehicle repossessions
▼ + stars: | 2022-12-20 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Federal regulators fined Wells Fargo $1.7 billion on Tuesday for “widespread mismanagement” over multiple years that harmed over 16 million consumer accounts. Chopra described Wells Fargo as a “repeat offender” and said Tuesday’s fine is just an “initial step” towards holding the bank accountable. That suggests Wells Fargo may not be out of the penalty box with regulators anytime soon. Those failures caused Wells Fargo to wrongfully repossess some borrowers’ vehicles, to improperly charge fees and interest and to fail to refund certain fees, regulators say. Regulators said Wells Fargo has also been ordered to pay almost $200 million in refunds to those harmed by the bank’s mortgage servicing accounts.

☆ Premarket stocks: Betting on a market bounce? You may be waiting a while
▼ + stars: | 2022-12-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for 2023. Market analysts aren’t alone. “US equity returns will be driven by earnings against a backdrop characterized by elevated market volatility,” write JPMorgan analysts. The effort was initially touted as a “Big Bang 2.0” — a nod to the rapid deregulation of UK financial markets under former Prime Minister Margaret Thatcher in 1986. The changes are a bid to maintain London’s role as a global financial hub after Brexit, which, alongside political turmoil, has boosted uncertainty for companies thinking about where to invest.

In reversing the half-century precedent, the court left the power to limit or grant abortion rights to the states. In August, a judge temporarily blocked enforcement of the anti-abortion law, which had been inactive in the decades that Roe v. Wade stood. Gretchen Whitmer, the Democratic incumbent, has been a champion for abortion rights, but she is fending off a challenge from Republican candidate Tudor Dixon, who called the abortion ballot proposition “radical” in a debate with her. Voters will determine whether to alter the state constitution to explicitly say it does not protect a right to abortion or abortion funding. Abortion rights advocates are challenging those laws.

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