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By Timothy Gardner | WASHINGTON WASHINGTON Eight Democratic senators asked U.S. regulators on Tuesday to launch an investigation into billionaire Carl Icahn’s activities in the U.S. biofuels blending credit market, saying the activist investor may have violated trading laws since becoming an adviser to President Donald Trump. “We are writing to request that your agencies investigate whether Carl Icahn violated insider trading laws, anti-market manipulation laws, or […]

Biz Tech

Former U.S. President Barack Obama reportedly warned current President Donald Trump against hiring Mike Flynn as his national security adviser, former White House officials revealed. Obama warned Trump about Flynn in the days following the 2016 Presidential Elections, but the warning went under the radar so far. News now came to light just as former acting Attorney General Sally Yates is about to testify that Flynn made misleading […]

India Takes

HuffPost’s longtime D.C. Bureau Chief Ryan Grim is leaving the company, HuffPost Editor-in-Chief Lydia Polgreen announced in a memo Friday. “I will miss his wise counsel, his passion and his fine mind, and I know you all will too,” Polgreen said. “I will be hosting a farewell bash for Ryan in DC on Tuesday evening — stay tuned for details. I will also be holding a town […]

FT Select

May 3, 2017 by: Jamie Smyth in Sydney New Zealand’s competition watchdog has blocked a merger between the country’s two main newspaper groups in the interests of defending media diversity, shrugging off concerns its decision threatens the groups’ financial viability. Wednesday’s ruling on a proposal from New Zealand Media and Entertainment and Fairfax NZ comes as global regulators face a swath of contentious mergers and growing concentration […]

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Investigation

They include coal executives Christopher Cline, founder of coal company Foresight Reserves LLC, and J Clifford Forrest, president of Rosebud Mining Company — each gave $1 million. Also contributing $1 million each: Hushang Ansary, a longtime oil executive and businessman, and his wife, Shahla Ansary. Inaugural committee donors who gave at least $1 million were invited to a long list of exclusive events over the inauguration weekend, […]

Investigation

‘Burdensome new regulatory regime’ During the most recent fiscal year, the government entered into or modified contracts with nearly 70,000 companies or their subsidiaries to deliver hundreds of thousands of distinct goods and services. To figure out which companies to hire, agencies begin by posting solicitations, usually on FedBizOpps.gov, where registered contractors can sift through opportunities. When an agency puts out a solicitation, dozens of companies might […]

World

By Manuel Mogato | MANILA MANILA Southeast Asian countries took a softer stance on South China Sea disputes during a weekend summit, according to a statement issued on Sunday, which went easy on China by avoiding tacit references to its building and arming of its manmade islands. A chairman’s statement of the Association of South East Asian Nations (ASEAN) was released about 12 hours after the summit […]

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World

By Manuel Mogato | MANILA MANILA Southeast Asian countries have altered a statement to be issued at Saturday’s ASEAN summit to include references to militarization and island-building in the South China Sea, the latest draft shows, in a move likely to frustrate Beijing. Chinese embassy representatives in Manila had sought to influence the content of the communique by lobbying Philippine officials, two ASEAN diplomatic sources told Reuters. […]

India Takes

Breitbart News hit a wall Tuesday in its campaign to storm the ramparts of the media establishment when one of the most influential press associations in Washington, D.C. denied its application for credentials to cover Congress because of concerns over the site’s funding, staffing, workspace and independence. The decision by the Standing Committee of Correspondents of the House and Senate Press Gallery — a body chaired by […]

Biz Tech

The echoes of safe sex and planned parenthood are reverberating in many campuses. UC Davis became the first campus in the United States in donning a liberal shade by installing a vending machine to dispense emergency female contraceptives such as the morning-after pill. The machine has been fondly named the Wellness to Go machine. Reports have said that nationwide, there are four colleges selling contraceptives. But they are […]

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Investigation

The next most-generous companies listed are Quicken Loans ($750,000), Wynn Resorts ($729,217), Chevron ($525,000), American Financial Group ($500,000), Intel ($500,000) JPMorgan Chase and Co. ($500,000), Citgo Petroleum ($500,000), oil comapny BP Corporation of North America ($500,000), casino developer and Ultimate Fighting Championship parent Fertitta Entertainment ($500,000), Manhattan real estate investment firm Tahl Propp ($500,000) and the MacAndrews and Forbes Group ($500,000), which owns military contractor AM General, among other companies. And other six-figure […]

World

International law firm and lobbying shop Squire Patton Boggs is getting cozy with one of President ‘s most trusted advisers. The firm said this week that it’s formed an alliance with Michael D. Cohen, a personal lawyer to Mr. Trump who has served as his fixer for many years and credits himself as the originator of the […] (via WSJ)

Investing

Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA “who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac,” confirmed a 2012 scheme hatched by the Obama administration to funnel hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program – by paying subsidies to insurers to remain in the system. If you need […]

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Investigation

This story is a collaboration between Kaiser Health News and the Center for Public Integrity.  The Justice Department has joined a California whistleblower’s lawsuit that accuses insurance giant UnitedHealth Group of fraud in its popular Medicare Advantage health plans. Justice officials filed legal papers to intervene in the suit, first brought by whistleblower James Swoben in 2009, on Friday in federal court in Los Angeles. On Monday, they sought a […]

World

By Elizabeth Piper | LONDON LONDON After nine months of preparation, bitter public argument and a battle with parliament, British Prime Minister Theresa May is launching talks with the European Union armed with a plan she hopes will secure a better divorce deal than many expect. But what is it? Although May has published a policy document outlining a 12-point approach to the talks that will reshape […]

Investigation

McCaskill’s letters to Purdue Pharma, Johnson & Johnson’s Janssen Pharmaceuticals, Insys Therapeutics, Mylan and Depomed specifically ask for information about any payments the companies made to 17 third-party advocacy groups — including the Pain Care Forum, a little-known but powerful coalition of drug companies and nonprofit groups highlighted in the Politics of Pain series. At least 13 of the other advocacy groups mentioned in her letters have belonged […]

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Investing

Authored by Lauren McCauley via TheAntiMedia.org,  Privacy advocates on Monday are urging Americans to call their elected officials, warning that there are only 24 hours left to “save online privacy rules” before the U.S. House of Representatives votes on a measure that would allow major telecom companies to collect user data and auction it off to the “highest bidder.” Wasting no time, the House is expected to […]

Business

By Ayesha Rascoe | WASHINGTON WASHINGTON Following the failure of a healthcare bill backed by President Donald Trump, his administration plans to take a lead role in crafting major legislation to cut taxes with an eye toward meeting an August target date, the White House said on Monday. Trump’s pledge to cut taxes, including a lowering of the rates paid by corporations, was a pillar of his […]

World

By Matt Spetalnick | WASHINGTON WASHINGTON Israeli Prime Minister Benjamin Netanyahu said on Monday he was committed to working with U.S. President Donald Trump to advance peace efforts with the Palestinians and with the broader Arab world. Netanyahu made the pledge in a speech to the largest U.S. pro-Israel lobbying group at a time when the Trump administration is seeking agreement with his right-wing government on limiting […]

World

MANILA The Philippines could tighten its money laundering law this year to cover casinos, its top lawmaker said on Monday, in a move aimed at plugging loopholes that allowed $81 million stolen from Bangladesh to pass through Manila gaming venues. The Senate aims to approve its version of the bill in May and it is likely the lower house of Congress would hold separate discussions on its […]

Investing

Following President Trump’s clarifying tweet yesterday that “Obamacare will explode” on its own… ObamaCare will explode and we will all get together and piece together a great healthcare plan for THE PEOPLE. Do not worry! — Donald J. Trump (@realDonaldTrump) March 25, 2017 It is becoming increasingly clear that, even without the ‘repeal’, the Trump administration has already begun using its regulatory authority to water down less […]

Business

By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, driven by the energy sector, bucking a slowdown in the broader economy. The Federal Reserve last week described business investment […]

World

By James Pomfret and Venus Wu | HONG KONG HONG KONG A Beijing-backed civil servant, Carrie Lam, was chosen to be Hong Kong’s next leader on Sunday amid accusations that Beijing is meddling and denying the financial hub a more populist leader perhaps better able to defuse political tension. The majority of the China-ruled city’s 7.3 million people have no say in deciding their leader, who is […]

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