Democrats take the House, Wells Fargo admits to more improper foreclosures, and other top news
The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.
Democrats took control of the House while Republicans held onto the Senate in the Midterm elections. Control of Congress since the election of President Trump was in contention on Tuesday, with 35 Senate seats and all 435 House seats, as well as gubernatorial and state legislative seats, up for grabs. Democrats needed 23 Republican-held seats to reclaim the House and two to retake the Senate. Among the more high profile races, Representative Beto O’Rourke lost his challenge to incumbent Senator Ted Cruz in Texas, while Democrats won against Republican Governor Scott Walker in Wisconsin. ? Here’s what people are saying.
Wells Fargo says it improperly foreclosed on 40% more borrowers than first reported. The beleaguered bank disclosed that 545 of its borrowers lost their homes because the bank failed to offer mortgage modifications. Wells Fargo has been hit with more than $1 billion in fines from regulatory agencies so far this year. The Federal Reserve also demanded the bank prove it has “systems in place to prevent consumer abuses.” ? Here’s what people are saying.
AT&T is planning to terminate the service of a more than a dozen of its customers who have engaged in copyright infringement, reports Axios. Content owners notify the company when they verify that copyrighted material is being shared unlawfully online, and the customers facing discontinued service have previously received several notifications alleging copyright infringement. The move is a first for the company and comes after its recent purchase of WarnerMedia, which includes HBO and TNT. ? Here’s what people are saying.
More than 7 million jobs in the American economy remained vacant in September, comfortably outnumbering the roughly 6 million workers seeking employment. The number of job openings dropped slightly from the previous month’s record of 7.3 million to 7.125 million, according to the Labor Department. Health care and social assistance industries witnessed the biggest increase in vacancies; professional and business services had the largest decline. ? Here’s what people are saying.
The U.S. Olympic Committee has moved to decertify the scandal-plagued USA Gymnastics, requesting that it hand over control of the sport. The development follows a scandal involving team doctor Larry Nassar, who is serving a life sentence for various sex abuse offenses. USA Gymnastics acknowledged the Olympic Committee’s request and said it was “evaluating the best path forward.” ? Here’s what people are saying.
Idea of the Day: To be your best, stop trying hard to fit in with everyone else and be unique, says clinical psychologist and executive coach Judith Sherven.
“In order to bring forth the deepest treasures within you have to have the courage to stand apart from all those who want you to 'fit in,' 'conform,' 'behave.'”
What's your take on today’s stories? Share your thoughts in the comments.
Plumbing and mechanical at AYDLOTT MECHANICAL
6 年I just wish people would wake up and the Democrats would find some brains and come together with republicans. I am not either party but those are the only two we have actually both party’s should listen to president trump he took the republican side but I think he is his own he has shit from his own party This country is on the way out if Washington don’t get its head out of its ass they need to strengthen our country and its people we have so many problems in this country can’t take care of our own the proper way and still some idiots want open borders what the hell our parents and grand parents get little cost of living money for them to live and guess what when you get older your medical is more and more help is required instead of our own people our parents and grand parents getting help they need the assholes in Washington would rather give our money to other countries and welfare to people crossing illegally into our country. I am no college but that seems so stupid to me. I think our politicians that allow that should be tried for treason against our people and land and like the old days hung
Start up almost ready to launch a commercial property .com at Comdigs.com
6 年Well Douglas you are brilliant. Thank you for the wonderful Compliment. Still feel the most important thing we have is our freedom.
USAR Retired;Travel agent(PT)(The Cruise Brothers); Counseling Psychologist; Human Capital Manager(HR) Consultant(Diversity Mgmt)
6 年Omg!
(Semi Retired) Manufacturing Consultant, Author, Objective Observer and Researcher (Independant)
6 年It will work out: https://www.dhirubhai.net/feed/update/urn:li:activity:6466066006245720064