Business

Colorado man charged after allegedly waving gun at Latino couple for making U-turn in his driveway

1 month ago   |   By NBC News

Chris Ochoa said he and his girlfriend were were chased by the man with the gun after their GPS had led them to the wrong address.
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The CEO of an Apollo-backed energy company may face charges for pulling a gun on a Mexican American couple that took a wrong turn near his Colorado home

The CEO of an Apollo-backed energy company may face charges for pulling a gun on a Mexican American couple that took a wrong turn near his Colorado home

1 month ago   |   By Business Insider

A senior executive at a Colorado company backed by Apollo Global Management may face charges over pulling a gun on a Mexican American couple that took a wrong turn onto his property.
Paul Favret, the CEO of Resource Energy, may be charged with two counts of menacing and two counts of false imprisonment, according to an arrest warrant issued for Favret that was seen by Business Insider.
"After being made aware of this last week, Resource Energy Partners placed Mr. Favret on administrative leave and retained outside counsel to conduct a thorough review of the incident," a company spokesman...
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Former VP pick Sarah Palin offers advice to Democratic VP nominee Kamala...

Former VP pick Sarah Palin offers advice to Democratic VP nominee Kamala Harris: 'Trust no one new'

On Tuesday, Sarah Palin, the 2008 Republican vice presidential candidate, took to Instagram to congratulate Kamala Harris and share six pieces of advice. Presumptive Democratic... Read more ...

The White House is reportedly weighing whether Trump can sidestep Congress...

The White House is reportedly weighing whether Trump can sidestep Congress and cut taxes on his own

The White House is studying whether it has authority to sidestep Congress and cut taxes unilaterally, The New York Times reported . Congress holds power to set tax policy and... Read more ...

Why one Wall Street analyst is becoming more bearish on Moderna, even as the...

Why one Wall Street analyst is becoming more bearish on Moderna, even as the stock surges on a $1.5 billion contract for its coronavirus vaccine

The US government has agreed to pay $15.25 per dose for Moderna's coronavirus vaccine candidate. The Massachusetts biotech saw its stock jump as much as 10% before markets... Read more ...

Owner of Aeropostale, Forever 21, Juicy Couture set to buy Brooks Brothers...

Owner of Aeropostale, Forever 21, Juicy Couture set to buy Brooks Brothers for $325 million

Brooks Brothers announced that Authentic Brands Group and SPARC Group LLC were the winning bidders for the suiting company, which filed for Chapter 11 bankruptcy last... Read more ...

Trump called Kamala Harris 'the kind of opponent everyone dreams of' - right...

Trump called Kamala Harris 'the kind of opponent everyone dreams of' - right after a report that she is actually the candidate his campaign least wants to face

President Donald Trump welcomed Kamala Harris as Joe Biden's vice presidential pick, claiming she is "the kind of opponent everyone dreams of." But an Axios report painted... Read more ...

Microsoft is launching the Surface Duo next month, its ambitious foldable...

Microsoft is launching the Surface Duo next month, its ambitious foldable phone with two screens that opens and closes like a book. Here's how it works

Microsoft announced that the Surface Duo, its first foldable smartphone, will launch on September 10 for $1,400. The device consists of two separate 5.6-inch displays that work... Read more ...

SoulCycle's ex-CEO allegedly said 'paternity leave is for pussies,'...

SoulCycle's ex-CEO allegedly said 'paternity leave is for pussies,' according to a new lawsuit filed by an exec who was fired 32 days after giving birth

A former SoulCycle executive filed a complaint saying that the company discriminated against her for being pregnant. In a complaint filed with the Equal Opportunity Commission... Read more ...

Sumner Redstone, the mogul who built the ViacomCBS media empire, is dead at 97

Sumner Redstone, the mogul who built the ViacomCBS media empire, is dead at 97

Media magnate Sumner Redstone, who forged an empire of entertainment companies encompassing CBS, Viacom, and Paramount Pictures, died on August 11 at the age of 97. Redstone... Read more ...

Stein Mart files for Chapter 11 bankruptcy and says all 281 of its stores...

Stein Mart files for Chapter 11 bankruptcy and says all 281 of its stores could close

Stein Mart filed for Chapter 11 bankruptcy Wednesday, and is also exploring a sale of its e-commerce business. The company was struggling to revive sales even before the... Read more ...

A train derailed in Scotland, sending plumes of smoke into the air and...

A train derailed in Scotland, sending plumes of smoke into the air and injuring an unknown number of people

A train derailed in Scotland on Wednesday morning, promoting a huge emergency response and injuring an unknown amount of people. The train derailed near near Stonehaven in... Read more ...