America Breaking News: Jurors Hear of Tourre's Goldman Paid Leave After SEC Lawsuit

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America Breaking News: Jurors Hear of Tourre's Goldman Paid Leave After SEC Lawsuit

America Breaking News: Jurors Hear of Tourre's Goldman Paid Leave After SEC Lawsuit
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America Breaking News: Jurors Hear of Tourre's Goldman Paid Leave After SEC Lawsuit

by Wochit 1:05 mins

Former Goldman Sachs trader Fabrice Tourre told the court that Goldman Sachs paid him a base salary of 480,000 pounds or $738,000 after he was put on leave following the filing of an SEC lawsuit in 2010. JPMorgan Chase & Co said it was considering a sale or a spin-off of its physical commodities business as regulators increase scrutiny of Wall Street's role in commodities. Starbucks is seeing impressive adoption of mobile payments in its U.S.-based store locations, the company revealed during its quarterly earnings conference call. Mobile payments crossed the 10 percent mark in the U.S. as a percentage of in-store purchases, indicating efforts like the Starbucks mobile app, Apple's Passbook and Square Wallet are popular among users.

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