A judge ruled Former President Donald Trump and his company are liable for fraud in relation to real estate assets. JPMorgan (JPM) paid $75 million to the U.S. Virgin Islands in the latest settlement over the bank's connections to sex trafficker Jeffrey Epstein. Lastly, courier service UPS plans to hire 100,000 workers in anticipation of this year's holiday season rush. Yahoo Finance Live's Julie Hyman highlights several of Tuesday's top news stories. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
JPMorgan Chase & Co. reached settlements with former executive Jes Staley and the US Virgin Islands over ties to Jeffrey Epstein, as it seeks to end its legal woes over its banking relationship to the deceased pedophile. Bloomberg's Sonali Basak reports. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
Wall Street bank to pay $75mn to territory while also resolving liability battle with former executive