breaking news


Company behind ‘Fearless Girl’ statue settles gender dispute

Published: Saturday, October 07, 2017 @ 12:56 AM

The Fearless Girl statue stands in New York's financial district.
DON EMMERT/AFP/Getty Images
The Fearless Girl statue stands in New York's financial district.(DON EMMERT/AFP/Getty Images)

She’s a symbol of strength and gender equality for women. Since the “Fearless Girl” statue was placed in front of the Wall Street bull in March, she has drawn crowds for selfie shots and praise for exuding empowerment for women.

>> Read more trending news
It is not a small irony that State Street Corporation, the company that sponsored the statue, has agreed to pay $5 million to settle allegations that it underpaid female and black employees, CNN reported.

A Department of Labor probe in 2012 found that State Street paid 305 women who held the executive positions of senior vice president, managing director or vice president less than their male counterparts. The investigation showed that the women earned smaller base salaries, bonuses and total compensation than men.

The findings from the audit were filed in Boston, where State Street is located, on Wednesday, along with the settlement agreement, the New York Post reported. State Street will pay the affected parties about $4.5 million in back pay and approximately $500,000 in interest, CNN reported. 

The firm has denied any wrongdoing.

"State Street is committed to equal pay practices and evaluates on an ongoing basis our internal processes to be sure our compensation, hiring and promotions programs are nondiscriminatory," the company said in a statement.

“While we disagreed with the [Office of Federal Contract Compliance Programs]'s analysis and findings, we have cooperated fully with them, and made a decision to bring this six year-old matter to resolution and move forward.”

State Street Global Advisors, the corporation's investment management division, installed "Fearless Girl" across from the "Charging Bull" statue in March to call attention to its efforts to increase the number of women on its clients' corporate boards, CNN reported.

The bronze statue was immediately popular, with people visiting and snapping photographs next to it. The statue was originally slated to stay for a week, but it became so popular that thousands signed a petition to make it a permanent fixture in New York’s financial district.

Police: Washington State mother under investigation for infant's death

Published: Sunday, December 17, 2017 @ 5:51 AM

Kent Police Department.
Kent Police Department
Kent Police Department.(Kent Police Department)

A 24-year-old Washington State woman is under investigation for homicide and reckless care that caused the death of her infant son, Kent Police said late Saturday.

>> Read more trending news

Medics were called on Dec. 12 after the 2-month old baby was found unresponsive, police said. 

Police said the mother placed the child on his stomach on top of a sleeping bag and left him unattended for at least 20 minutes while she watched television in another room.

When the mother returned, she found the child unresponsive and not breathing.

A GoFundMe page has been set up for the child's memorial fund. Click here to view. 

CSX railroad chief Hunter Harrison dies

Published: Sunday, December 17, 2017 @ 4:55 AM

Hunter Harrison was the CEO of the Florida-based CSX railroad company.
Associated Press file photo
Hunter Harrison was the CEO of the Florida-based CSX railroad company.(Associated Press file photo)

Hunter Harrison, the president and CEO of railroad giant CSX, died Saturday in Florida. He was 73.

>> Read more trending news

CSX confirmed Harrison’s death in a statement, saying it was caused by “unexpectedly severe complications” from a recent illness. His death comes only a couple of days after the company announced he was taking an unplanned medical leave of absence.

“Hunter was a larger-than-life figure who brought his remarkable passion, experience and energy in railroading to CSX,” the company said in a statement.

Harrison was hired by Florida-based CSX in March under shareholder pressure. But recently there had been concerns about his health. The Wall Street Journal reported in May that Harrison often worked from his Wellington home and occasionally required portable oxygen.

Harrison, a member of the Wellington horse set, lived in a 9,200-square-foot mansion at Palm Beach Polo & Country Club, according to property records. He paid $4 million for the property in 2008.

The property now is held in the name of Harrison’s wife, Jeannie Harrison. They have a homestead exemption.

And the Harrison family’s Double H Farm owns a 22-acre property in Wellington.

Born in Memphis, Tennessee, Harrison was a long-time railroad executive who made his career turning around railroads.

“With the passing of Hunter Harrison, CSX has suffered a major loss. Notwithstanding that loss, the Board is confident that Jim Foote, as acting Chief Executive Officer, and the rest of the CSX team will capitalize on the changes that Hunter has made,” Edward J. Kelly III, Chairman of the CSX Board of Directors, said.

Information from The Associated Press was used in this report.

Family given house after losing their home in fire

Published: Sunday, December 17, 2017 @ 3:27 AM

File photo.  (Photo by Scott Barbour/Getty Images)
Scott Barbour/Getty Images
File photo. (Photo by Scott Barbour/Getty Images)(Scott Barbour/Getty Images)

A family whose house burned, during which the father also suffered burns while saving his son and sister from the flames, were gifted a new house Saturday.

>> Read more trending news

Ronald Warren Williamson III suffered third-degree burns in the November fire, according to WTVG

The family received enough votes through a real estate company contest which gave a house to the winner.

"We're just very fortunate for everybody in the community for the way they've all come together," mother Stacey Kennedy told WTVG. "It's just amazing."

WWE's Vince McMahon to give football another shot, may bring back XFL

Published: Sunday, December 17, 2017 @ 1:26 AM

12 Jul 2000: Vince McMahon talks during the XFL Press Conference at the House of Blues in Los Angeles, California. (Photo: Tom Hauck  / Allsport via Getty Images)
Tom Hauck/Getty Images
12 Jul 2000: Vince McMahon talks during the XFL Press Conference at the House of Blues in Los Angeles, California. (Photo: Tom Hauck / Allsport via Getty Images)(Tom Hauck/Getty Images)

Vince McMahon, owner and creative head of World Wrestling Entertainment, is preparing a new professional football league.

>> Read more trending news

McMahon started the XFL in 2001, splitting ownership with NBC. The league debuted to massive ratings and hype, with commercials promising a harder hitting brand of football and sexier cheerleaders. But the quality of play suffered greatly from the lack of preparation time for players, as well as the lack of big-name players from the NFL or college, and led to the league lasting only one season.

The story was first told by writer Brad Shepard on Twitter. Wrestling writer David Bixenspan later contacted WWE, which confirmed McMahon has established a new corporation called Alpha Entertainment. 

Bixenspan also reported McMahon had reacquired trademarks for the XFL shortly after ESPN aired a documentary on the league earlier in 2017. Whether McMahon’s league would be called the XFL is unknown.

The Washington Post wrote McMahon’s interest in a return to football was fueled by his participation in the ESPN documentary. Despite the league costing NBC and WWE $35 million in 2001, McMahon tried to find another channel for the league after NBC canceled it and only shut the league down after he was unable to find a television deal.

The XFL branded itself as a harder hitting and sexier version of pro football, and the NFL had become less physical. The marketing campaign behind the league’s debut was one of the most hyped in history and included professional wrestlers from the WWE. 

The timing of McMahon opening a new league could be due to the NFL’s ratings struggles and complaints about the league’s style of play after new rules have restricted how players tackle. National Anthem protests by players in the NFL have been controversial. Media outlets have differed on whether the protests have affected ratings. 

Players and owners were also targeted by President Donald Trump while he was campaigning during the Alabama Senate race. Vince McMahon’s wife Linda, a former WWE president, is a member of President Trump’s cabinet and head of the Small Business Administration.