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By Staff Reporters
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Regulators fined Deutsche Bank $186 million for not fixing anti-money laundering, due diligence, and sanctions controls. This is the third time since 2015 that the Federal Reserve has fined the troubled bank for internal control failures. (CNN Business)
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Under the YouTube Health Initiative, the company partnered with several healthcare organizations, including traditional health systems like Cleveland Clinic in Ohio and Mass General Brigham in Boston, as well as online health education platforms like Osmosis and Psych Hub. Other partners include the medical journal the New England Journal of Medicine, the World Health Organization, and the American Public Health Association.
These health organizations created videos on a range of health topics, which YouTube curates in what it calls “carousels” and labels to indicate that the information comes from reputable sources. If someone searches for information on diabetes, for example, they’ll get a carousel of videos from the health partners on diabetes.
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Here is where the major benchmarks ended yesterday and for the week:
- The S&P 500 Index was up 1.47 points at 4,536.34, up 0.7% for the week and the benchmark’s eighth weekly gain in the past 10; the Dow Jones industrial average was up 2.51 points at 35,227.69, up 2.1% for the week; the NASDAQ Composite was down 30.50 points (0.2%) at 14,032.81, down 0.6% for the week.
- The 10-year Treasury note yield (TNX) was down about 2 basis points at 3.837%.
- CBOE’s Volatility Index (VIX) was down 0.39 at 13.60.
Utility and health care shares were among the strongest performers Friday, which may reflect investors rotating into more “defensive” sectors, which haven’t participated as much in this year’s rally and may be seen as a “relative value” or “catch-up” play.
Energy stocks were also strong as crude oil futures jumped over 2% and posted a fourth straight weekly gain. Regional banks and communication services were among the weakest sectors, while the small-cap-focused Russell 2000 (RUT) fell slightly.
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Filed under: "Ask-an-Advisor", Breaking News, Ethics, Experts Invited, Investing, Risk Management | Tagged: AMA, American Medical Associaion, American Public Health Association, APHA, CNN, Deutsche Bank, DJIA, DOW, Mass General, NEJM, New England Journal of Medicine, NSDAQ, Osmosis, Psych Hub, Russell 2000, RUT, S&P 500, WHO, World Health Organization, youtube, YouTube Health Initiative | Leave a comment »
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