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Jesse McCartney paid tribute Wednesday to former Dream Street bandmate Chris Trousdale, who died Tuesday at the age of 34 after battling coronavirus. “It pains me to say that an old friend, Chris Trousdale, from my early days in the music industry has passed away due to complications from COVID-19,” McCartney, 33, penned on Instagram. …
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Chris Trousdale, a former member of short-lived boy band Dream Street, has died following a battle with COVID-19. He was 34. TMZ, who is reporting the news, says Trousdale died Tuesday in a hospital in Burbank, Calif., of complications from the coronavirus, according to a family member. “Chris left this earth at 8:44 pm yesterday …
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The long and murky relationship between Jeffrey Epstein and Deutsche Bank has caught the attention of New York regulators. Months of investigation by the New York’s financial watchdog agency, the Department of Financial Services, may spur a punishment of the German lender for its decision to keep the famous sex criminal as a client years …
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Two large movie theater owners issued dire warnings on Wednesday about their ability to bounce back from the coronavirus. AMC, the nation’s biggest cinema chain, said in a regulatory filing that there’s a “substantial doubt” about its ability to “continue as a going concern for a reasonable period of time.” Companies issue “going concern” warnings …
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SoftBank Group is launching a $100 million fund to invest in “companies led by founders and entrepreneurs of color,” in the latest corporate action as protests roil the US. Described as SoftBank’s bid to improve diversity, “we have to put money behind it, set plans, and hold ourselves accountable,” SoftBank chief operating officer Marcelo Claure, …
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The management company for BTS star Suga released a formal apology after social media backlash to the South Korean rapper’s use of cult leader Jim Jones’ voice on his new mixtape. In 1978, Jones notoriously had 918 of his followers — 304 of them children — commit mass suicide by drinking cyanide-dosed Flavor Aid at …
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Bank of America Corp on Tuesday pledged $1 billion to help communities across the country address economic and racial inequality, the first big bank to vow monetary support following violent protests after the death of an unarmed black man at the hands of police in Minneapolis. “The events of the past week have created a …
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The Taliban continues to maintain a close relationship with al-Qaeda in Afghanistan in violation of a preliminary peace agreement with the Trump administration, according to a United Nations report released Monday. Al-Qaeda, which perpetrated the terrorist attacks of September 11, 2001, still has between 400 and 600 active members in 12 Afghanistan provinces as well as …
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The coronavirus crisis could make America’s banks an easy target for bandits, a federal regulator warns. Requiring people to wear face masks in public amid the pandemic creates a “very real risk” of a spike in bank robberies, according to Brian P. Brooks, the US Treasury’s acting comptroller of the currency. Brooks issued the warning …
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SoftBank Vision Fund’s head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 billion yen ($14.8 million), even as the fund’s underperformance pushed SoftBank to a record $13 billion operating loss. The figure was second only to remuneration for SoftBank Group Chief Operating Officer Marcelo Claure, which rose …