Federal Probe to Investigate Ferguson Police
The Justice Department will launch a broad civil rights investigation into the police department of Ferguson, Missouri, where an unarmed young black man was fatally shot by a white police officer last month. News outlets say the Justice Department will announce the investigation as early as Thursday. The probe will look into allegations that Ferguson police have engaged in a repeated pattern of abusive treatment against the town's black residents. The investigation will also look at how its officers are trained. Ferguson, a suburb of St. Louis, has a majority black population, but its police force is predominantly white. The…
Herbalife Under Investigation
The nutrition and nutritional supplements company Herbalife is under investigation for allegedly operating a pyramid scheme for financing. The Federal Trade Commission (FTC) opened an investigation on Herbalife multinational. Through a statement Wednesday, the company said that "given the tremendous amount of misinformation in the market, we will fully cooperate with the FTC." The complaints made to the FTC were raised over a year ago by billionaire William Ackerman, founder of investment fund Pershing Square Capital Management, which directly accuses Herbalife employing an illegal pyramid scheme for their income. Through this practice most of the money is made by recruiting new salespeople rather…