11-28-2021  3:23 pm   •   PDX and SEA Weather
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NORTHWEST NEWS

City’s Budget Windfall Means More for Police, Despite NAACP Demands

Group calls out lack of engagement from City Hall.

Oregon Resists Dropping Controversial Investments

Oregon residents are increasingly pushing for the state to divest from fossil fuel companies and other controversial investments, but the state treasury is resisting and putting the onus on the Legislature.

COVID-19: Oregon Drops Outdoor Mask Requirement

Oregon still has in place, a statewide indoor mask mandate for all public settings

Oregon Supreme Court Dismisses Challenge to Legislative Maps

The Oregon Supreme Court on Monday dismissed two challenges filed by Republicans to new state legislative districts approved by the Legislature in September.

NEWS BRIEFS

Vsp Global Partners With Black EyeCare Perspective to Eliminate Inequities and Increase Representation of People of Color in the Eye Care Industry

Partnership includes scholarships, leadership development, and outreach to prospective optometrists ...

Shop Local and Earn Free Parking With Parking Kitty

Find the purrfect gift for your loved ones by supporting small businesses and shopping local this holiday season, thanks to the...

Oregon Records More Than 5,000 COVID-19 Related Deaths

Today, Oregon health officials reported 103 new COVID-19 related deaths, bringing the state’s death toll to more than 5,000 ...

Northwest Library Site Acquired as Part of Multnomah County Library Capital Bond Projects

Location will help library move towards permanent spaces, expedite other bond projects ...

Four LGBTQ Leaders to Be Inducted Into Hall of Fame

Governor Kate Brown included in 2021 class of inductees to be honored at Victory Fund’s 30th Anniversary Gala ...

Northwest flooding evolving in areas hit by prior storm

SEATTLE (AP) — Though flooding that was expected to threaten parts of the Northwest didn't end up being too bad Sunday, weather officials urged residents to remain alert because more rain was on the way to an area where there's lingering water from extreme weather earlier this month. ...

Community systems offer alternative paths for solar growth

MINNEAPOLIS (AP) — Strolling his church's rooftop among 630 solar panels, Bishop Richard Howell Jr. acknowledged climate change isn't the most pressing concern for his predominantly Black congregation — even though it disproportionately harms people of color and the poor. ...

No. 25 Arkansas beats Missouri, caps best season since 2011

FAYETTEVILLE, Ark. (AP) — Sam Pittman grinned for almost the entirety of his postgame press conference Friday night. The Arkansas coach and his team had done something no others ever had. The No. 25 Razorbacks capped their regular season with a 34-17 victory over Missouri,...

Mizzou's Drinkwitz returning to Arkansas for rivalry game

FAYETTEVILLE, Ark. (AP) — Just 45 miles of interstate highway separate Eli Drinkwitz from where he started and where he is now as Missouri's head football coach. Raised in the small Arkansas town of Alma, Drinkwitz will come full circle Friday when his Tigers visit No. 25...

OPINION

State is Painting Lipstick on Its One-of-a-kind, Long-term-care Law

Starting in January, the unpopular law imposes a stiff new tax of 58 cents per 0 earned for every worker in the state ...

Giving Thanks

Just by being alive we can be sure of having moments of sadness as well as happiness. When you’re active in politics, you experience both wins and losses. Sometimes it can be hard to feel grateful. ...

Acting on Climate will Require an Emphasis on Environmental Justice

Climate change affects us all, but its effects aren’t distributed equally. ...

Small Businesses Cannot Survive With Current Level of Postal Service

At The Skanner News office we received an important piece of correspondence that was postmarked June 12, 2021, and delivered to us on November 4, 2021. ...

AFRICAN AMERICANS IN THE NEWS

Carrie Meek, pioneering Black former congresswoman, dies

FORT LAUDERDALE, Fla. (AP) — Carrie Meek, the grandchild of a slave and a sharecropper’s daughter who became one of the first Black Floridians elected to Congress since Reconstruction, died Sunday. She was 95. Meek died at her home in Miami after a long illness, family...

Key moments since Jussie Smollett reported Chicago attack

CHICAGO (AP) — Jussie Smollett goes to trial Monday on charges that he lied to Chicago police when the former “Empire” actor and R&B singer reported being the victim of a racist and homophobic attack nearly three years ago. Some key moments in the story: Jan. 22, 2019 ...

Trial set to start on charges Smollett faked racist attack

CHICAGO (AP) — A popular actor steps out onto the street and is brutally reminded that, despite his fame and wealth, places still exist where the color of his skin and sexual orientation put him in danger. That was the story that ricocheted around the world after Jussie...

ENTERTAINMENT

'Get Back' series dispels, and confirms, some Beatle myths

NEW YORK (AP) — For 50 years, the fixed narrative had the Beatles' “Let it Be” recording session as a miserable experience with a band where members were sick of each other, sick of their work and in the process of breaking up. The nearly 8-hour, Peter Jackson-produced...

Towering musical theater master Stephen Sondheim dies at 91

NEW YORK (AP) — Stephen Sondheim, the songwriter who reshaped the American musical theater in the second half of the 20th century with his intelligent, intricately rhymed lyrics, his use of evocative melodies and his willingness to tackle unusual subjects, has died. He was 91. ...

Chris Diamantopoulos builds a hot career, on screen and off

NEW YORK (AP) — When you see Chris Diamantopoulos on screen, you may get a sense of déjà vu. The actor regularly pops up in movies and TV shows as a variety of characters, and he's fine if you find yourself trying to place where you've seen him before. “I want people...

U.S. & WORLD NEWS

Israeli president celebrates Hanukkah at West Bank site

HEBRON, West Bank (AP) — Israel’s president on Sunday visited one of the most contentious spots in the...

In Iraq, family mourns daughter who drowned crossing to UK

IRBIL, Iraq (AP) — Snow globes, teddy bears and makeup brushes — these were the trinkets left behind in...

Trial set to start on charges Smollett faked racist attack

CHICAGO (AP) — A popular actor steps out onto the street and is brutally reminded that, despite his fame and...

EXPLAINER: Can world powers curb Iran in new nuclear talks?

JERUSALEM (AP) — Can the landmark 2015 nuclear deal between Iran and world powers be restored? As Iran and six...

EU plane to monitor migrants on Channel shores after deaths

CALAIS, France (AP) — The EU’s border agency will dispatch a plane to monitor the shores of the English...

Asian leaders at economic summit vow to help Afghanistan

ASHGABAT, Turkmenistan (AP) — The leaders of several Asian countries called for boosting their economic ties and...

Dan Wagner Associated Press

WASHINGTON — The Treasury Department's pay czar said Friday that 17 banks gave their top executives $1.6 billion in lavish payments while they were receiving billions of dollars in taxpayer-funded bailouts.
Kenneth Feinberg said he did not have the authority to ask the firms to repay the money that was handed out during the financial crisis. But he said they should develop new rules on compensation that would allow them to slash compensation payments in future crises.
"If the company's board of directors has identified that the firm is in a crisis situation, the compensation committee would have the authority to restructure, reduce or cancel pending payments to executives," according to a fact sheet Feinberg released.
The banks include Goldman Sachs, Bank of America, Citigroup, Wells Fargo, American Express, American International Group, Boston Private Financial Holdings, Capital One Financial Corp., CIT Group, JPMorgan Chase, M&T Bank Corp., Morgan Stanley, Regions Financial Corp., SunTrust Banks, Bank of New York Mellon Corp., PNC Financial Services Group and US Bancorp.
Feinberg reviewed 419 companies that received bailout money before pay curbs were enacted by Congress in February 2009.
The review covered the period from October 2008 to February 2009. The starting point was when banks began receiving bailout money from the $700 billion Troubled Asset Relief Program. The ending point was when Congress enacted pay curbs on institutions receiving government support.
He determined that a total of $1.7 billion in payments were made during that period that would have violated the guidelines adopted later. And $1.6 billion of that amount was paid out by 17 of the country's largest financial institutions.

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