FILE PHOTO: Chief Financial Officer of Rio Tinto, Guy Elliott, speaks during Russian Business Week 2011 at the London School of Economics in London February 18, 2011. REUTERS/Stefan Wermuth/File Photo October 18, 2017 By Brendan Pierson NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Tuesday charged mining […]
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Verizon to pay $17.7 million to resolve school broadband probe
The Verizon store in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking – RC129DD3F5E0 October 18, 2017 By David Shepardson WASHINGTON (Reuters) – Verizon Communications Inc <VZ.N> said on Tuesday it will pay $17.7 million to resolve a probe by U.S. regulators and the Justice Department into potential payment violations […]
China’s Xi to open Communist Party congress, likely signaling plans for next five years
Communist Party spokesman Tuo Zhen and other officials arrive at a media briefing one day ahead of the opening of the 19th National Congress of the Communist Party of China, at the Great Hall of the People in Beijing, October 17, 2017. REUTERS/Thomas Peter October 17, 2017 BEIJING (Reuters) – […]
US indicts two Chinese nationals, accused of contributing to national opioid crisis
The U.S. government has indicted two Chinese nationals for allegedly manufacturing and shipping illegal cocktails of the drug fentanyl into the United States, which authorities said has contributed to a national crisis with an “extraordinary death toll.” Xiaobing Yan, 40, and Jian Zhang, 38, both of China, were indicted in […]
Hawaiian first, Virgin America last in on-time rankings
Here are the government’s rankings of the leading U.S. airlines and their on-time performance for August. The federal government counts a flight as on time if it arrives no more than 14 minutes behind schedule. Continue Reading Below 1. Hawaiian Airlines, 93.0 percent 2. Delta Air Lines 87.4 percent 3. […]
Appeals court tosses hedge fund owner’s claims against FBI
NEW YORK – A hedge fund owner’s bid to hold the government responsible for an FBI raid that he says ruined his business was lost Tuesday when a federal appeals court rejected his lawsuit. Continue Reading Below The 2nd U.S. Circuit Court of Appeals in Manhattan said David Ganek cannot […]
Airline delays and cancelations rise due to hurricane
WASHINGTON – Partly because of Hurricane Harvey, which shut down both major Houston airports for several days, canceled flights surged and delays increased on U.S. airlines in August. Continue Reading Below The airlines, however, seem to be losing track of fewer bags, and consumer complaints are down from a year […]
Amazon Studios president resigns amid harassment allegation
Amazon Studios President Roy Price has resigned, ABC News has confirmed. Price was put on leave last week, following an allegation of sexual harassment involving Isa Hackett, an executive producer on the network’s series “The Man in the High Castle.” Hackett told The Hollywood Reporter last week that in 2015, […]
Cramer’s charts point to more downside for consumer goods stocks—and that’s a good thing
With the indexes breaking records, including the Dow Jones industrial average’s all-time high on Tuesday, CNBC’s Jim Cramer wanted to pause and investigate what’s not working in this market. “Even if the greatest bull run in ages is going on, there are losers and there are laggards, and they help […]
Latest version of travel ban blocked by federal judge
The Trump administration’s most recent attempt to bar immigration to the United States from certain foreign countries was put on hold Tuesday by a federal judge in Hawaii. U.S. District Court Judge Derrick Watson, responsible for blocking President Donald Trump‘s second travel ban in March, authored the ruling again Tuesday, […]