logo

News related to
federal

Globalization, the path that the world economy has largely followed for decades, took some hefty blows in 2016. The election of Donald Trump as U.S. president and Britain’s decision to leave the European Union have raised questions over the future of tariff-free trade and companies’ freedom to move production to lower-cost countries. Borders are back in vogue. Economic nationalism is paying political dividends. “We […]

AJMAN // People who abuse animals should be jailed and the public made more aware of why people should be kinder to pets and strays, animal welfare groups say. After several high-profile incidents this year, Fatima Al Zaabi, co-founder of Protection of Animal Rights Association in Dubai, said more education and tougher enforcement of laws would help to ensure there is no repeat of cruelty cases next […]

By Sam Forgione | NEW YORK NEW YORK The U.S. dollar slipped on Friday but notched its fourth straight year of gains against a basket of major currencies. The dollar index .DXY, which measures the greenback against a basket of six major rivals, gained about 3.7 percent for the year. The index rose about 7.1 percent during the fourth quarter, more than half that gain coming since […]

For those out of the loop, Amazon has just been granted a patent for an “airborne fulfillment center utilizing unmanned aerial vehicles for item delivery,” a fancy phrase for what’s essentially a flying warehouse. The U.S. Patent and Trademark Office had already handed Amazon the go-ahead back in April, but only now have the plans surfaced online via the office’s website. What’s described in the patents, as others […]

Investors’ positions fluctuated wildly this year after unexpected election results in the UK and US upended markets, ultimately propelling a global stock rally and selling of government bonds as portfolio managers readied for the arrival of fiscal stimulus and inflation. A $66bn rotation into US stocks over the past eight weeks reflects expectations for faster global growth and inflation in the wake of Donald Trump’s surprise US […]

There are two stories we can tell about US higher education. In the first, public two- and four-year colleges face increasing student service costs, 20 percent less state support than they received before the recession, and a shortfall they pass onto students, who now graduate with an average of $30,000 of debt. In the second story, those institutions have contained costs, keeping tuition increases at inflationary levels, […]

By Jakub Iglewski | WARSAW WARSAW Polish President Andrzej Duda and hundreds of mourners on Friday attended the funeral of Lukasz Urban, the Polish truck driver who was killed and his vehicle used to crash into a Berlin Christmas market last week. The 37-year-old father of a teenaged boy was among 12 people killed in the attack claimed by Islamic State. Germany’s Federal Prosecutor’s Office said on […]

Advertisements

Law Blog rounds up the morning’s legal news: IRS Crackdown: The Internal Revenue Service is clamping down on a tax-avoidance technique that turns charitable land-conservation donations into moneymaking opportunities. [WSJ] Mining-rights battle: Peabody Energy is seeking federal approval to expand its mine on Navajo and Hopi land in northern Arizona, a move supported by tribal leaders. But […] (via WSJ)

Financial markets in 2016 endured an escalation of negative interest rates, the collapse and subsequent rebound in commodity prices and fluctuating stock market valuations. The test for investors began in week one, as fears of a China slowdown roiled stock indices weeks after the Federal Reserve began to normalise policy. Over the ensuing months, the Brexit vote and US election would prove significant mile markers, shift thinking […]

By Stephen Kalin | NEAR MOSUL, Iraq NEAR MOSUL, Iraq Iraqi forces faced car bombs and fierce resistance from Islamic State militants in southern Mosul on Friday, the second day of a renewed push to take back the city after fighting stalled for several weeks. An officer in the federal police forces, which joined the battle on Thursday, said there were heavy clashes in the southeastern Palestine […]

BERLIN Martin Schulz, the European Parliament president who is returning to German politics, does not expect to run as the Social Democrats’ (SPD) candidate for chancellor next year, Der Spiegel magazine reported on Friday. Schulz’s decision not to run, if confirmed, would likely clear the way for SPD chairman Sigmar Gabriel to be the party’s candidate to challenge conservative Chancellor Angela Merkel’s bid for a fourth term […]

The government of the United States has formally accused Russia of interfering with the 2016 presidential election through a series of hacking attacks. The outgoing Obama administration has issued sanctions for the alleged interference, moves that has prompted the Russian government to promise a retaliation. FBI, DHS Publish Joint Report On Russian Hacking The Federal Bureau of Investigation and the Department of Homeland Security published a joint […]

The Malaysian opposition has attacked a state company’s investment in a palm oil project in Indonesia, saying it is a costly handout to a foreign businessman connected to Prime Minister Najib Razak. Malaysia’s state-owned Federal Land Development Authority, known as Felda, plans to buy a 37 per cent stake in Eagle High, controlled by Indonesian conglomerate Rajawali Group, for $505m. The deal will be financed by the […]

Wall Street’s most important equity barometer is on track for its biggest annual recovery since the beginning of the bull market, underscoring the sharp turn in investor sentiment following the worst start to a year on record. The S&P 500 index is poised for an 11 per cent gain in 2016, shaking off a brutal start that at its lowest point in February left it down 10.5 […]

By Dustin Volz | WASHINGTON WASHINGTON The FBI squarely blamed Russian intelligence services on Thursday for meddling in the 2016 U.S. presidential election, releasing the most definitive report yet on the issue, including samples of malicious computer code said to have been used in a broad hacking campaign. Starting in mid-2015, Russia’s foreign intelligence agency, the FSB, emailed a malicious link to more than 1,000 recipients, including […]

The Obama administration along with the Department of Homeland Security and Federal Bureau of Investigation have released the technical details behind ongoing cyber attacks from Russian intelligence groups. Obama on Thursday outlined a series of sanctions on Russia’s two intelligence services and officers for an ongoing hacking campaign on U.S. targets. The White House also said 35 Russian intelligence were ejected and two compounds in the U.S. […]

By Jonathan Stempel | NEW YORK NEW YORK A founder of Run-DMC on Thursday filed a lawsuit accusing Amazon.com Inc and Wal-Mart Stores Inc of selling a wide variety of clothing and accessories bearing the pioneering rap group’s name without permission. Darryl McDaniels, the owner of Run-DMC Brand LLC, the plaintiff in the lawsuit, is seeking at least $50 million of damages from the retailers and other […]

ISLAMABAD: A fresh petition was submitted before the Supreme Court of Pakistan on Thursday in the Panama Papers case; the latest petition however pleads the court to dismiss all petitions  against the Prime Minister of Pakistan Mian Muhammad Nawaz Sharif. The petition filed by Barrister Zafarullah of the Watan Party, states that the prime minister’s name is not in the Panama Papers and that the court is […]

In the battle against the Islamic State for Mosul, Iraq’s second-largest city, there is no continuous front line, but a patchwork of battlegrounds in the city and all around its edge. When the Islamic State, also known as ISIS or ISIL, retreats from a position, it tries to leave as much damage behind as possible, including burning oil field wells to provide concealment ahead of a government […]

With the US Federal Reserve raising interest rates, and President Mario Draghi of the European Central Bank seemingly unable to escape his addiction to quantitative easing policy, many investors are questioning who wants to buy the euro. The answer is simple. The whole world is eager to buy the euro. The problem in 2017 is more likely to be finding anyone who wants to buy the US […]

Law Blog rounds up the morning’s legal news: Law firm data: Major law firms have become more vigilant in recent years about the risks of cyberattacks, but revelations this week of a major hack on two New York firms are a reminder that the industry remains vulnerable. [WSJ] SEC setback: A federal appeals court dealt […] (via WSJ)

By Isabel Coles and Stephen Kalin | NEAR MOSUL, Iraq NEAR MOSUL, Iraq Iraqi security forces on Thursday began the second phase of their offensive against Islamic State militants in Mosul, pushing from three directions into eastern districts where the battle has been deadlocked for nearly a month. Since the offensive to capture Mosul began 10 weeks ago, counter-terrorism forces have retaken a quarter of the city, […]

Welders exposed to airborne manganese at estimated levels well under federal safety standards develop neurological problems, according to a new study. Current safety standards may not adequately protect welders from the dangers of the job. (via WSJ)

Sprint has revealed that it is going to hire about 5,000 personnel, and U.S. President-elect Donald Trump quickly claimed credit for purportedly negotiating the deal. Trump has lumped those figures with the 3,000 new hires planned by a startup called OneWeb, for a grand total of 8,000 new jobs, which Trump has promptly announced as very good news for the economy. Sprint is owned by Japanese firm […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Democratic Congress threatens Trump-era cryptocurrency policy gains // DEWA and Dell pursue stronger digital utility infrastructure // Vijayan accuses CM of being evasive // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences // Dubai activates six-lane Al Khaleej Street tunnel // Paraguay court detains impeached Peña over bank collapse // BJP’s Counter Rallies To “Expose” Rahul Gandhi, Reveals The Weakness Of The Party // UAE forecast to lead solar output per person // Wall Street’s AI Reckoning Offers India A New Opening // Dubai Future District Fund and Buimerc formalise cooperation // Binance appoints Justin Yek as finance chief after theft // SoftBank and ABB weigh separating Chinese robotics operations // ADNOC secures decade-long LNG supply pact with Gujarat Energy // Coca-Cola bottling holding company submits share sale prospectus // Employees Up In Arms Against Sale Of IDBI To Canadian Company Fairfax // Greens back Sreedharan plan // Claude Code approval settings expose thousands of credentials // Alphabet’s Malaysia investment sharpens focus on AI spending // Excise chief shunted out in bar licence dispute // Ghantoot clinches Pink Polo Cup as screenings draw crowds //