By Yashaswini Swamynathan U.S. stock index futures treaded water on Friday ahead of Donald Trump’s inauguration as the 45th U.S. President. * Futures also got a lift after Federal Reserve Chair Janet Yellen backed her stance for gradual interest rate increases on Thursday. * Trump, a New York businessman and former reality TV star, is scheduled to be sworn in around midday by Supreme Court Chief Justice […]
BEIJING China National Chemical Corp, or ChemChina, said on Friday it has sought the U.S. anti-trust regulator’s approval for its planned $43 billion acquisition of Swiss crop protection and seed group Syngenta AG (SYNN.S). “We have filed an HSR Act with the FTC after good communications with the case team. We believe the U.S. anti-trust process is on track,” ChemChina said in an email, referring to the U.S. […]
By Nate Raymond | NEW YORK CITY NEW YORK CITY Mexican cartel kingpin Joaquin “El Chapo” Guzman is expected to appear in a court in New York on Friday, shortly after his surprise extradition from Mexico ended a decades-long career in drug-trafficking, dare-devil jail breaks and murder. A Justice Department spokesman said El Chapo, or Shorty, once one of the world’s most wanted drug lords, was set […]
Shadow Attorney-General Mark Dreyfus has said that despite remaining “very concerned” about the use of retained telecommunications data in some civil cases, which is currently being reviewed by government, the Labor party would not rule it out. The data retention legislation, passed by the Australian government in March 2015 thanks to the votes from Labor, came into effect in October 2015 and sees customers’ call records, location […]
Palmer, the staff director, also did not return requests for comment. But in a Dec. 19 email to FEC commissioners and other top staffers, Palmer listed several efforts his management team has undertaken to address morale concerns. Palmer also praised the embattled Orrock for “her outstanding leadership within the compliance division” and reported witnessing “overwhelming joy and happiness” among FEC compliance division staff as they gathered during […]
ISLAMABAD: Leaders of the Pakistan Muslim League-Nawaz (PML-N) claimed on Thursday that Prime Minister Nawaz Sharif had cleared himself in the Panama Papers case. They accused Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan of being involved in money laundering and tax evasion and misleading the parliament through his misstatement about his properties in London and Islamabad. “After today’s argument by his lawyer, the prime minister has cleared himself […]
PALO ALTO, Calif. With monetary policy still modestly accommodative, the U.S. central bank should continue to raise interest rates slowly to keep jobs plentiful and inflation low, Federal Reserve Chair Janet Yellen said on Thursday. “I think that allowing the economy to run markedly and persistently “hot” would be risky and unwise,” Yellen said in remarks prepared for delivery to the Stanford Institute for Economic Policy Research. […]
Samsung and LG will utilize thermal pipes for their respective flagship devices, which are due for release this year, a new report says. This technology will allow the devices not to overheat, which is a situation Samsung is attempting to avoid, lest it springs up a brand-new debacle. LG had already confirmed that it’ll outfit the LG G6 with heat pipes to prevent undesirable and possibly life-threatening incidents where […]
Western Union agreed on Thursday to forfeit $586m after admitting that it violated US anti-money laundering laws by ignoring evidence that thousands of its agents were involved in sending illicit cash to criminals, including human traffickers in China and bookies in Costa Rica, the US Department of Justice announced. From 2004 to 2012, Western Union, a global money services business based in Englewood, Colorado, “processed hundreds of […]
Lawmakers, government officials, and aid workers are bracing themselves for a broad offensive from President-elect Donald Trump against federal programs that support family planning and gender equality around the world. As one of his first acts in the Oval Office, the Republican president-elect plans to restore the “Mexico City policy” as soon as Sunday, a congressional staffer told Foreign Policy. Also known as the “global gag rule,” […]
Submitted by Peter Schiff via Euro Pacific Capital, There is much we don’t know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a Trump National Golf Course in Sochi? It’s anyone’s […]
By Ayesha Rascoe and Julia Edwards Ainsley | WASHINGTON WASHINGTON Donald Trump is ready to begin taking executive actions on his first day in the White House on Friday to move quickly on his pledge to crack down on immigration, build a wall on the U.S.-Mexican border and roll back outgoing President Barack Obama’s policies. Trump, a Republican elected on Nov. 8, arrived in Washington on a […]
The National Highway Traffic Safety Administration (NHTSA) announced Thursday that it’s closed its preliminary investigation into Tesla’s Automatic Emergency Braking (AEB) or Autopilot systems, finding no defects in design or performance. In fact, according to the report, data from Tesla vehicles shows the vehicle crash rate dropped by almost 40 percent after Autosteer installation. The Office of Defects Investigation (ODI) analyzed mileage and airbag deployment data supplied […]
The release of the newly available primary documents, which include information not discussed in a 500-page executive summary of the Senate Intelligence Committee’s investigation into the C.I.A. torture program that was released in 2014, comes at the same time as an urgent legal battle is unfolding over the potential fate of the still-classified, 6,700-page full version of that report. Continue reading the main story Lawyers for two […]
President-elect Donald Trump is keeping his trademark lawyers busy. The incoming commander-in-chief has filed his first trademark application since he was elected president. Mr. Trump’s trademark holding company is seeking to secure rights over the term “KEEP CONNECTING.” It’s for a class of goods that encompasses communications and hotel services, according to a Jan. 12 filing to the federal […] (via WSJ)
Appoints Industry Veteran Amid Al-Shanteer to Lead Regional Office in Dubai Covering Middle East and North Africa 19 January 2017 FREMONT, Calif.–(BUSINESS WIRE/ME NewsWire) Responding to growing business in the Middle East and North Africa, AlertEnterprise, the leading Silicon Valley based provider of Security Convergence software, has appointed Amid Al-Shanteer as Vice President of Sales for the Middle East and North Africa (MENA) market effective January 16, […]
Harris was initially pleased by this development. Top predators have long played an important role in nature. Wolves and cougars once put pressure on bison to keep moving over long ranges of land, and he says, “There was never overgrazing because the predators were behind the animals pushing them on, giving the land naturally a chance to rest.” Harris mimics that cycle of rotation and rest in […]
51 year-old Florida resident, Dominic Puopolo, who was arrested by Miami Beach police Tuesday for allegedly threatening President-elect Donald Trump online is, according to The Daily Mail, is a member of a prominent northeast family close to Bill and Hillary Clinton. Puopolo reportedly admitted to posting a video to Twitter, under his handle @JesusChrist1701, saying: “Yes, I will be at the review stand at the inauguration and […]
Thursday 02.10 GMT Overview Asian equities regained upward momentum after comments from Federal Reserve chair Janet Yellen gave wings to a broad recovery for the dollar, weakening regional currencies. Hot topic The dollar index, which measures the US currency against a basket of peers, was up 0.4 per cent after the Fed chair warned that if the US waited too long to continue raising rates, it risked […]
The Freedom of Information process begins with a letter, right? Why does it become necessary to sue? We bring a lawsuit either when it takes too long for a government agency to respond to our request, or when they do respond but withhold records that we believe should be disclosed. Why has the Center pursued FOIA suits so vigorously? How does the Center differ from other organizations […]
China cut its holdings of US Treasuries by $66bn in November, reducing its position in the safe-haven debt to the lowest level since 2010 as the country battles to stabilise its currency. The acceleration in sales — the largest monthly decline since December 2011 — threatens a rise in US interest rates if it continues and follows an unwinding in October that saw China cede its position […]
Via ConvergEx’s Nicholas Colas, Want to know why US stocks feel so fragile? Perhaps we can blame Wall Street analysts. Even after two months of market buzz about lower taxes, infrastructure spending and less regulation juicing investor expectations for better earnings growth, they refuse to bump their revenue or earnings estimates for 2017. Our monthly look at revenue expectations for the companies of the Dow […]
Janet Yellen, the Fed chair, has warned that the US risks a “nasty surprise” if it waits too long to continue raising interest rates, adding that she expects the US central bank to tighten monetary policy a few times a year until 2019. But on the cusp of Donald Trump’s inauguration as an economy-focused president, she also said slow productivity growth meant the US’s “usual” rate of […]
By Patricia Zengerle | WASHINGTON WASHINGTON Donald Trump’s pick for U.N. ambassador will echo his condemnation of the world body’s treatment of Israel at her Senate confirmation hearing on Wednesday, although offering some praise for an organization the president-elect has disparaged. Nikki Haley, a rising star in the Republican Party, will face tough questioning from the Senate Foreign Relations Committee about her lack of experience in foreign […]
