Author: admin@primenews

Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS have agreed to pay $499 million to settle an antitrust lawsuit by investors who accused them of conspiring to stifle competition in the stock lending market. The settlement was disclosed on Wednesday in a filing in Manhattan federal court, and requires a judge’s approval. It also covers EquiLend, a joint venture among the defendants. Investors have reached $580 million of settlements with five banks, including an $81 million accord in Feb. 2022 with Credit Suisse, which UBS bought in June. As part of the settlement, they agreed to cooperate in the investors’…

The conservative activist behind the Supreme Court case that struck down affirmative action in college admissions this year is suing two international law firms for providing diversity fellowships. The two lawsuits filed by the American Alliance for Equal Rights this week against law firms Perkins Coie and Morrison & Foerster allege that the diversity fellowships they offer “are expressly refusing to contract with certain applicants based on their race and ethnicity,” according to a statement from the group. The lawsuits were filed in federal court in Dallas and Miami. Perkins Coie offers diversity fellowships that awards summer associates from underrepresented communities a $15,000 stipend…

If you’re looking for a rock ‘n’ roll end to the summer, then the Rolling Stones may have you covered. The British rock legends appear to have teased a new album through a fake ad for a glass-repair business placed in a local London newspaper. The cryptic ad, which appeared in the east London-based Hackney Gazette last week, looks at first glance like a promotion for the new business, Hackney Diamonds, but on closer examination it contains references to several of the band’s biggest hits. Ronnie Wood, Mick Jagger and Keith Richards of the Rolling Stones perform in Sweden on July 31, 2022 during…

In the ever-shifting fashion sphere, where trends wax and wane with the changing seasons, one particular change has caught the eye of experts of late: a gradual decline in popularity of high heels. When was the last time you spotted a teetering stiletto? Once synonymous with elegance and sophistication, the towering symbols of “femininity” have been making a quiet exit from the limelight, replaced by a new wave of comfort-driven options. Could the pandemic hold the masterstroke that led to high heels’ demise? The altered course of our lives undoubtedly played a role in the downturn of the striking style.…

Boarding pass? Check. Photo ID? Check. Weight? What? Passengers flying with Korean Air in the next few weeks may be asked to take one additional step before boarding – getting on the scale. However, the policy has nothing to do with body shaming. Korean Air is one of the many airlines around the globe that is required to periodically obtain plane weight data. According to an announcement by the airline, the program will affect some travelers departing from Gimpo International Airport (GMP) from August 28 until September 3 and from Incheon International Airport (ICA) between September 8-19. Both passengers and…

The union representing Spain’s women soccer players has called for the country’s football federation chief to be punished for kissing star player Jennifer Hermoso on the lips following the team’s World Cup victory, as it vowed to fight back against “machismo and sexism.” “It is essential that our team, the current world champion, is always represented by figures who project values of equality and respect in all areas,” Spain’s Association of Professional Soccer Players (FUTPRO) said in a statement Wednesday. “The union is working so that acts like the ones we have seen never go unpunished, are sanctioned and the pertinent measures are…

Hydra is at first glance no different from its neighbors. Like other islands in the Aegean Sea, it has white-washed streets, fragrant jasmine-filled air and breathtaking vistas of the shimmering blue waters around it. What sets Hydra apart is its favored mode of transportation. Locals have resisted the clamor of honking horns, instead embracing the rhythmic sound of horse hooves. Here, cars are not just absent; they’re intentionally kept away. A ban on motorized vehicles (except fire and refuse trucks and ambulances) is enshrined in local legislation. The Greek island’s population of about 2,500 locals get around using mules, donkeys…

An Israeli former principal will spend up to 15 years in jail for sexually assaulting two students at an ultra-Orthodox Jewish school in Australia. Malka Leifer raped and indecently assaulted sisters Dassi Erlich and Elly Sapper between 2003 and 2007, a jury found in April. The 56-year-old was found not guilty of abusing a third sister, Nicole Meyer. Leifer’s sentencing ends a 15-year push for the mother-of-eight to face justice. She had pleaded not guilty to more than two dozen charges and spent years fighting extradition from Israel. But in 2021, an Israeli judge found she had faked mental illness…

It is 11:00 on a Tuesday at Bodega Casa Flor, a 130-year-old restaurant in the Cabanyal neighbourhood of Valencia City, Spain, and noise levels have reached a peak. Waiters zip around bearing huge paper-wrapped sandwiches to tables strewn with peanuts and sipped beers. It’s a scene that plays out daily in cafes and bars across the province of Valencia, as people take a break for this uniquely Valencian ritual. Considered a late breakfast or an early lunch (actual lunch starts around 14:30), the almuerzo in Castilian Spanish (esmorzaret in Valencian) happens between 09:00 and 11:30 on Mondays through Saturdays and always features a massive sandwich.…

Priscilla Presley had an instinct that something was off with her daughter Lisa Marie Presley days before she died earlier this year. “I did know there was something not right,” Priscilla said in an interview published Wednesday with The Hollywood Reporter. Priscilla told the outlet that she remembered Lisa Marie mentioning she had stomach pain while the pair attended a Golden Globes after-party on Tuesday, January 10, when they celebrated Austin Butler’s win for his performance in Baz Luhrmann’s film “Elvis,” just two days before Lisa Marie died. “We had just gotten there, you go down all these stairs,” Priscilla said, adding that when she tripped…