Day: March 8, 2024

Top Contender to Take over Massive Union Has Repeatedly Been Accused of Union Busting

South Carolina Sun Staff
April Verrett

The presumptive heir to the position of president of the Service Employees International Union (SEIU) has had employees under her command complain of union-busting tactics and retaliation, according to a report from the Center for Union Facts.

April Verrett, the current secretary treasurer of the SEIU and the former president of SEIU Local 2015, is a top contender to replace the current outgoing president, Mary Kay Henry, according to the report. In both positions, Verrett was reportedly part of the management that faced off with SEIU employees, who had organized separately from the SEIU, about working conditions and contract negotiations.

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Emails Show ‘Access’ to Biden Family Reason for Chinese Business Partnership with Hunter Biden

Just the News

Newly-disclosed emails show a Chinese businessman who partnered with Hunter Biden’s Burnham firm was primarily motivated by access rather than financial considerations, bolstering the House Oversight Committee’s contention that the Biden name was the commodity being sold by the younger Biden.

In late February, impeachment witness Jason Galanis—one of Hunter Biden’s partners in the Burnham venture—told Congress the firm served as place to integrate the “Biden Family Office” with a “large-scale financial company.”

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Country Radio Seminar 2024 Wrap Up

Bethany Bowman
CRS

After three packed days of musical performances, informative panels, and engaging sessions, Country Radio Seminar (CRS) has concluded.

This year’s event was a success, with attendees enjoying a full-day Streaming Summit, with insightful panels and CRS anchor events such as the “Amazon Music Presents: Country Heat at CRS” showcase, Warner Music Nashville’s Luncheon, Bob Kingsley’s Acoustic Alley, “Team UMG” at the Ryman, Big Machine Label Group’s Luncheon, BBR Music Group Decades Party, “Paddle Royale” Ping Pong Tournament, and the New Faces of Country Music Show and Dinner.

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Struggling Bank Gets Bailed Out with Help from Former Trump Admin Treasury Secretary

South Carolina Sun Staff
New York Community Bank

New York Community Bancorp (NYCB) announced on Thursday that it would be getting more than $1 billion from investors to help stabilize the bank, including from a firm run by a former Trump administration Treasury secretary.

The bank will receive $450 million from Mnuchin Liberty Strategic Capital, headed by former Treasury Secretary Steven Mnuchin, as well as a $250 million and $200 million investment from Hudson Bay Capital and Reverence Capital, according to an announcement from the bank. NYCB posted a $252 million loss in the fourth quarter of 2023, sending its stock to the lowest level since 1997 and worrying investors about another potential crisis in the banking sector, accordingto CNN.

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