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By Patricia Zengerle and Matt Spetalnick | WASHINGTON WASHINGTON Wary Democrats on Thursday challenged Republicans who control the U.S. Congress to conduct a credible investigation into contacts between President Donald Trump’s associates and Russia, a process that will likely take months and may never become public. “We will be watching very carefully. If the Intelligence Committee investigation is not proceeding to unearth the entire truth, we will […]

Earlier this morning Bergen County municipal judge Roy F. McGeady ruled that there is probable cause to believe that New Jersey Governor Chris Christie was aware that the so-called Bridgegate scandal from 2013, resulting from unnecessary lane closures on the George Washington Bridge, was “purposely created, it was contrived, it was orchestrated for political retribution.” As such, Governor Christie has been ordered to appear before the court […]

By Dan Levine | SAN FRANCISCO SAN FRANCISCO U.S. President Donald Trump will replace his executive order suspending travel from seven Muslim-majority countries “in the near future,” according to a Justice Department court filing on Thursday. Given the upcoming executive order, the Justice Department said a federal appeals court should not reconsider a ruling that suspended Trump’s Jan. 27 order. “In so doing, the President will clear […]

A federal appeals court in New York on Thursday dealt a serious legal blow to an effort to make radio broadcasters pay performance royalties to oldies rock bands. The ruling by the Second U.S. Circuit Court of Appeals dealt with the question of copyright protection for pre-1972 recordings. While federal copyright law covers post-1972 recordings, […] (via WSJ)

Credit: Disney Research A new method developed by Disney Research for wirelessly transmitting power throughout a room enables users to charge electronic devices as seamlessly as they now connect to WiFi hotspots, eliminating the need for electrical cords or charging cradles. The researchers demonstrated their method, called quasistatic cavity resonance (QSCR), inside a specially built 16-by-16-foot room at their lab. They safely generated near-field standing magnetic waves […]

By Maria Tsvetkova and Humeyra Pamuk | ISTANBUL ISTANBUL Turkey has increased scrutiny of Russian-speaking Muslim communities in the past few months following a series of attacks blamed on Islamic State, a concrete example of the renewed relationship between the two countries. Turkish police have raided the homes of Russian-speaking immigrants in Istanbul, detained many and expelled others, according to interviews with Russian Muslims living in the […]

By Phil Stewart and Robin Emmott | BRUSSELS BRUSSELS U.S. President Donald Trump’s defense secretary on Thursday said he did not see the conditions for military collaboration with Russia, in a blow to Moscow’s hopes for repairing ties with the United States following Trump’s election. “We are not in a position right now to collaborate on a military level. But our political leaders will engage and try […]

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ISLAMABAD: A five-member bench of the Supreme Court headed by Justice Asif Saeed Khosa resumed hearing the Panama Leaks case, today. Salman Akram Raja, the counsel for PM’s family is continuing his arguments. During the proceedings, he provided the service records of Minerva firm pointing that Faisal Tiwana, a representative of Hussain Nawaz, made an agreement with the Arena company. Justice Azmat Saeed responded by inquiring the […]

It is not just equities that are rebounding this month. The dollar is up almost 2 per cent against a basket of its peers as it resumes an upward path that most in the foreign exchange market believe is the natural consequence of the economic policies Donald Trump has vowed to deliver. Given the US president has suggested he prefers a weaker dollar, its fresh strength has […]

Recorded Future A hacker has compromised at least 60 universities and US government organizations, utilzing SQL injections as his weapon of choice. Rasputin, believed to be a Russian hacker, is most well-known for the December 2016 attack against the US Electoral Assistance Commission through an unpatched SQL injection (SQLi) vulnerability. At the time, the hacker offered to sell access to the system to a Middle Eastern broker, […]

Thursday 05.10 GMT Overview The dollar was on the back foot in afternoon Asia trading on Thursday as US Treasuries steadied and oil prices found their footing after dipping on news of growing US stockpiles. Hot topic The dollar index tracking the greenback against a basket of peers was off as much as 0.3 per cent, as a rally spurred by US Federal Reserve chair Janet Yellen’s […]

BERLIN No country can solve the world’s problems on its own and governments can achieve more for their nations if they work together closely, German Chancellor Angela Merkel said on Wednesday. Germany holds the presidency of the G20 leading economies this year, a platform Merkel wants to use to safeguard multilateral cooperation after U.S. President Donald Trump questioned international alliances and obligations and insisted on putting “America […]

China ended a six-month streak disposing of its US Treasury holdings in December, adding to its position for the first time since last May as the country’s central bank seeks to manage capital flight. The country, which ceded its status as the world’s largest owner of haven Treasuries in October to Japan, added $9.1bn of US sovereign debt to its reserves in the final month of 2016, […]

By Sarah N. Lynch | WASHINGTON WASHINGTON In a blow to President Donald Trump as he tries to assemble his administration, his nominee for labour secretary, Andrew Puzder, withdrew his name from consideration on Wednesday amid concerns that he could not garner enough Senate votes to be confirmed. Puzder’s decision to withdraw is yet another setback this week for a White House still grappling with fallout from […]

By David Shepardson and Jessica Toonkel Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc’s (YHOO.O) core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter. Since last year, Verizon had been trying to persuade Yahoo to amend the terms of the acquisition agreement to reflect […]

Wednesday 14:30 GMT Overview Global equities were on track to close at all-time highs as Wall Street hovers near record levels in the wake of comments from Federal Reserve chair Janet Yellen. And Ms Yellen’s more hawkish than forecast rhetoric has been backed up on Wednesday by stronger than expected US retail sales and inflation data that are pushing up the dollar and bond yields, while leaving […]

By Philip Pullella | VATICAN CITY VATICAN CITY Pope Francis appeared on Wednesday to back Native Americans seeking to halt part of the Dakota Access Pipeline, saying indigenous cultures have a right to defend “their ancestral relationship to the earth”. The Latin American pope, who has often strongly defended indigenous rights since his election in 2013, made his comments on protection of native lands to representative of […]

As Donald Trump’s nascent administration takes shape, Center for Public Integrity reporters are shining light in Washington, D.C.’s darkest corridors to help reveal how the new president’s actions affect the federal government — and you. Find all of our latest Trump administration investigations, as well as the best of our reporting from Trump’s 2016 presidential campaign, below: Source link

Painting a relatively optimistic economic picture during Congressional testimony this week, Janet Yellen confirmed the Federal Reserve would raise interest rates gradually. It was clear in the sessions, though, that other factors would soon weigh on interest rates and markets. Fiscal policy could make the Fed more hawkish. Yet the political agenda of financial deregulation, coupled with President Donald Trump’s choices for several vacancies on the Fed’s […]

SACRAMENTO, Calif. Parts of California damaged by recent storms, including the areas around the damaged Oroville Dam, will receive federal disaster assistance, the Federal Emergency Management Agency said on Tuesday. Federal aid will be sent to three counties near Lake Oroville, where the tallest earthen dam in the United States suffered damage last week and over the weekend, prompting the evacuation of nearly 200,000 people. Funds will […]

When Federal Reserve chair Janet Yellen testifies before a Senate committee on the state of the economy on Tuesday, there will be plenty tuning in who believe the epitaph for the three-decade rally in the bond market has been rightly written. US president Donald Trump’s plan to ramp up government spending and axe corporate taxes threatens to accelerate inflation, push up interest rates and widen the deficit […]

Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates. The Dow Jones Industrial Average .DJI rose 91.43 points, or 0.45 percent, to 20,503.59, the S&P 500 .SPX gained 9.21 points, or 0.40 percent, to 2,337.46 and the Nasdaq Composite .IXIC added 18.62 points, or […]

Last year, the Australian Broadcasting Corporation had come under criticism for shutting down its Fact Check unit after the government halted funding. Before the shutdown, ABC Fact Check was one of the most notable TV fact-checking efforts worldwide. On Tuesday, ABC News announced the operation would relaunch, thanks to a new partnership with RMIT University. This relaunch could reinvigorate other efforts to bring fact checks on air. […]

Members of the public most often see Manhattan U.S. Attorney Preet Bharara pictured behind a lectern at a press conference. But on Monday, he made an unusual appearance: seated at the prosecution table in federal court. For the first time in the nearly eight years that he’s commanded the most powerful federal prosecutor’s office outside of Washington, […] (via WSJ)

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