Angola vows to force return of Isabel dos Santos by ‘all possible means’

Pledge comes as former rulers daughter denounces Luanda Leaks investigation The Angolan government has vowed to use all possible means to force the return of Isabel dos Santos following the Luanda Leaks investigation into how the ex-presidents daughter accrued her $2bn fortune. Angolas prosecutor general, Hlder Pitra Grs, said on Angolan public radio on Monday that the country would use all possible means and activate international mechanisms to bring Dos Santos back to the country. Dos Santos left Angola in 2018 after her father stepped down as president. She has revealed the story behind her fortune on Sunday, she denounced the Luanda Leaks investigation based on #icij she tweeted last night. At the Investment reported that authorities in Monaco were …

McDonald’s pays ousted chief $675,000 in severance deal

Steve Easterbrook, who had relationship with employee, also gets two-year ban on working for competitor Steve Easterbrook, the British-born chief executive said on Monday. The relationship, about which little is known, contravened McDonalds company policy. The termination was categorized as without cause, the Chicago-based firm said, signaling that the transgression wasnt so severe as the prevent him from receiving exit payments. The company said on Monday its global chief people officer, chief executive two years later. He also has Walmart. via the UK office. The termination of the two executives speaks to increasing pressure on large corporations to act decisively in instances where executives conduct threatens the reputation of the company. CEOs are the face of the company, and stake …

How do you get a loan when your business is in the ‘wrong’ part of town?

A study has found that businesses in lower-income and minority areas received surprise a smaller share of bank loans than those in richer, whiter areas Want to improve your relationship with your banker? The answers easy: just move your business to a nicer part of town. Unfortunately, thats the very real problem faced by many small businesses around the country who are located in lower-income or minority areas. This conclusion was reached in a told the Woodstock Institute. Beard cannot obtain a traditional bank loan so her new business, Marys Master Cleaning Service, can bid on contracts and hire formerly incarcerated people who need jobs. Shes certainly not alone. Ive been my own bank. No one should have to do …

Capitalism gone wrong: how big pharma created America’s opioid carnage

A web of firms ramped up narcotic painkiller sales, creating the biggest drug epidemic in American history as profits surged As Oklahomas attorney general, Mike Hunter laid out his indictment against one of the biggest corporations in America, he made a point of saying that he was not hostile to big business. The fact that I am a Republican, a conservative and a believer in capitalism and the marketplace does not require me to turn a blind eye when corporations hurt people, Hunter told a state court. When a politician who once worked for the banking industrys lobby arm, and who sided with oil companies against environmental regulations, is not only suing a multinational for $17bn but accusing it of …