Vbhn Father of boy allegedly subjected to unneeded surgeries speaks out
The potential cost of bad loans in the wake of the coronavirus for the nation s biggest banks has reached the 12 figures.The nation s five largest lenders mdash; Bank of America, Citigroup, JPMorgan Chase, U.S. Bancorp and Wells Fargo mdash; say the financial stress caused by the pandemic could cause borrowers to default on a total of $104 billion in debt. The disclosures came as part of th stanley cup e biggest banks quarterly earnings announcements this week.Profits plunged at all five banks, in large part because they had to set aside money to cover souring loans. Bank of America was the last bank to report earnings for the second quarter. Profits before taxes dropped nearly 60%, Bank of America said Thursday. The bank added $5 billion to its provision for bad loans, which has doubled to nearly $20 billion fr stanley cup om $10 billion last year. It s the first time potential loan losses have crossed $100 billion for the five biggest banks since the end of 2010, and is another sign of the nation s growing economic troubles. It s big, said Octavio Mar stanley cup enzi, CEO of financial industry consulting firm Opimas. These banks are pushing up reserves like never before. Banks always forecast that some percentage of their loans will go unpaid and then set aside money to cover those losses. But in the past six months the expected loan losses have spiked at the biggest banks.For example, JPMorgan Chase is predicting the bank could have to cover $32.1 billion in Aame Harley-Davidson s LiveWire e-cycle: 0-60 in 3 seconds and $30,000
Nine chimpanzees once used as research animalsnow have a new lease on life. The group was moved to a newrefuge in northern Georgia, hundreds of miles from their former home in a lab. Buttercupand the other eight chimps were all born in a lab and used as subjects inbiomedical testing. According to animal activists, they were subjected tocruel and inhumane experiments. But last year, all chimps were designated anendangered species, putting a stop to all testing and giving them the retirementthey deserve.One cage air max at a time, workers with the nonprofit group Project Chimps unloadedall nine animals. For the last decade or so, each of them was prodded and pokedand used in experiments. The Project Chimpsrdquo anctuary in Morganton, Georgia is their new home. This is their chance to bewho they really are, said JessicaHartel, a primatologist and the director of Project Chimp. Almanac: A chimpanzee in space 8203;Good news for runaway chimp in Japan 8203;Do chimps have rights NYC judge w salomon eighs fate of Leo and HerculesChimps get drunk on pa af1 lm wine 8203;Sixteen hours with nine chimps sounds like the road trip from hell. Howwas it Strassman asked. Well, considering we didnrsquo;t sleep, it wasnrsquo;t super easy,Hartel said. But we wereall so excited for them. Our adrenaline is on high. Theyrsquo;re living their lifefor the first time really. Chim