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Backpage Founder Michael Lacey Sentenced to 5 Years for Money Laundering in Prostitution Scheme
Michael Lacey, co-founder of Backpage.com, was sentenced to five years in prison and fined $3 million for money laundering related to a scheme that profited from prostitution ads on the now-defunct site.
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Hilcorp Pays Employees $100K Bonus For Reaching Company Targets
Hilcorp Energy Company is giving all of its employees, whatever the position, $100,000 bonus this year, according to a report from KTVU.
Mortgage Rates Down for 3rd Straight Week, Mortgage Applications Also Fall
Freddie Mac said in a press release that their Primary Mortgage Market Survey show mortgage rates have decreased for third straight week due disappointing manufacturing data.
Adele Hitting The Road For The 1st Time In 4 Years
Adele will be going on tour starting late February. Adele’s latest LP, “25,” may be even bigger than her previous albums, selling more than 2.
Bank of America to Stop Supplying Dollar Bills to Angola, Residents are Encouraged to Use Euros, or Other Currencies Instead
Bank of America Corp. (BofA), who provides most of the dollar notes dispensed by banks in Angola, is stopping the supply of U.S. dollar bills to banks in Angola, two people familiar with the matter told Bloomberg. Angolan banks are encouraging residents to start using euros, South African or Chinese currencies instead as greenbacks become scarce.
Mortgage Rate Eases Slightly, Hasn't Surged Above 4 Percent Since July 23
Freddie Mac said in a press release that their Primary Mortgage Market Survey show mortgage rates have slightly declined leading up to the Thanksgiving holiday. The rates, though, have yet to rise above four percent since July 23, 2015.
Recipient Of The Most Extensive Face Transplant Returns Home To Family
Patrick Hardison returned home for the first time since undergoing face transplant surgery three months ago.
Could Adele Break ’25’ Record With ‘Hotline Bling’ Remix’?
"25" is breaking records all around. Despite being ever-so-private, Adele revealed a secret that the world is so happy to hear — she’s a fan of Drake.
Fiat Chrysler Expands Tuition Assistance to Employee Spouses and Children
Fiat Chrysler Automobiles has expanded the free tuition benefit to all its dealership employees nationally, including their spouse and children, according to a report from Fortune.
NIH To Stop Using Chimpanzees For Biomedical Research
The remaining 50 chimpanzees will be released to sanctuaries. Two years ago, the National Institutes of Health decided to release more than 300 chimpanzees at research facilities across the country so they can resettle, according to The Washington Post.
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