Author: Angel City Editorial Team

The Consumer Financial Protection Bureau (CFPB) has broad authority under the Equal Credit Opportunity Act (ECOA) to prohibit discrimination against credit applicants and to prohibit discouragement of potential credit applicants. This gives the department greater enforcement power as it fights redlining policies, including in its lawsuit against Chicago-based Townstone Financial, according to court documents reviewed by HousingWire. In the summer of 2020, the CFPB filed a lawsuit against Townstone, alleging that the property violated Regulation B of the ECOA by receiving “few applications for properties in majority African-American neighborhoods in the Chicago-Naperville-Elgin Metropolitan Statistical Area (Chicago MSA) and few applications…

American Airlines and Tulsa Tech College will be teaming up to encourage students to enter the field of aircraft maintenance. They hope the partnership will encourage students to consider a career with American Airlines.”I learn something new every day. I’m happy to be here and I’m enjoying it,” student Taylor Papke said. Taylor said they’ll learn even more through American’s partnership with Tulsa Tech: The airline will provide tools and equipment, including vintage planes, for students to practice on, and students will get to shadow people already working in the field and get mentorship from people with years of experience.”American…

Mountain America Credit UnionUtah Credit Union Ranked Highest Among Large Employers. Results are Based on Employee Feedback.SANDY, Utah, July 11, 2024 (GLOBE NEWSWIRE) — Mountain America Credit Union is honored to be recognized as a national Financial Services Top Workplaces winner for 2024. The award is based solely on employee feedback, which adds to the overall credibility of the program.Mountain America demonstrates its commitment to its employees by maintaining a quality workplace culture. Mountain America fosters an environment where employees can thrive by prioritizing collaboration, innovation and excellent service. This award reflects our team members’ dedication and unwavering commitment to…

LOS ANGELES (KABC) — The city of Los Angeles is considering a proposal to expand MacArthur Park by removing Wilshire Boulevard from the center and reconnecting the two halves of the park.Westlake Park highlights many of Los Angeles’ biggest challenges, including substance abuse, homelessness and mental health issues.”It’s really dirty, especially that pond there which isn’t maintained properly. I feel like the birds are getting sick. It doesn’t feel safe at all,” said BB, a park user who did not want to give her surname.The city has attempted several projects to make residents safer in the area: In 2021, the…

The little things can get you when you’re in college. You arrive on campus, fresh and ready to go, but before you know it, you’re a few weeks into the new semester and you have a long list of small things you forgot to pack, like an extra charger, an alarm clock or your earbuds. You may also think of unassuming items that could make a big difference in how you work and play while at school. To prevent you from playing catch-up, we’ve compiled the best gadgets for school under $50 so you can cross the most crucial ones…

John Tsakoumakis has been shopping at the Vons grocery store on West 80th Street in Los Angeles’ Westchester neighborhood for 30 years, and because he lives a few blocks away, he often walks there to do small shopping runs.He said the store is convenient, but its real value is in its role as a neighborhood hub: Surrounded by residential neighborhoods, charter schools and yoga studios, it’s smaller than average and draws a mostly local clientele.”When I come here, I see my neighbors and people I know,” said Tsakoumakis, 74. “I feel like I’m part of the community.”The store, nicknamed “Little…

Downward angle icon Downward angle icon. In an SEC filing made public Wednesday, Intuit CEO Sasan Goodarzi wrote in a letter to employees that 1,050 of the 1,800 job cuts were due to employees not meeting expectations. Justin Sullivan/Getty Intuit CEO wrote in an email to employees that 1,050 of the 1,800 job cuts were due to employees not meeting expectations. The company plans to hire roughly equal numbers of employees in engineering and pull-cut roles. The company is moving forward with a restructuring plan to focus on “key growth areas” such as AI. Intuit said Wednesday it was cutting…

Chris Kirchner, the startup founder convicted of defrauding investors, money laundering and wire fraud, was sentenced Thursday to 20 years in federal prison for misappropriating $25 million in investor cash for his own use, according to court documents.Kirchner, 36, founded Slync, a supply chain technology startup that raised more than $50 million from venture capitalists, including Goldman Sachs, between 2018 and 2021. Prosecutors say Kirchner transferred millions of dollars of the company’s funds to himself in 100 separate transactions through multiple accounts. Kirchner also transferred $20 million directly to his own checking account, according to the U.S. Attorney’s Office for…

37 Mins AgoS&P 500 closes lower on ThursdayThe S&P 500 fell on Thursday as investors rotated out of large cap technology stocks.The broad market index pulled back 0.88% to close at 5,584.54. The Nasdaq Composite slipped 1.95% to finish the session at 18,283.41, while the Dow Jones Industrial Average ticked down 32.39 points, or 0.08%, to 39,753.75.— Brian EvansAn Hour AgoThe rotation trade Thursday is a ‘surface level negative,’ investor says Investors are seeing broader participation in the S&P 500 on Thursday after the latest inflation data suggested the Federal Reserve could soon cut rates. But the lack of participation…

MINNEAPOLIS and TORONTO, July 11, 2024 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE: DAY) (TSX: DAY), a global leader in human capital management (HCM) for improving workplaces, today announced its second quarter 2024 earnings release date and participation in an upcoming investor conference. 2024 Q2 earnings release date Dayforce plans to release its second quarter 2024 financial results before the open of regular market trading on Wednesday, July 31, 2024. The Company will host a live webcast on July 31, 2024 at 8:00 a.m. ET to discuss the financial results described above. The event can be accessed via a direct registration…