Google, Android start to cut ties with Huawei

US internet giant Google, whose Android mobile operating system powers most of the world’s smartphones, said on Sunday it was beginning to cut ties with China’s Huawei, which Washington considers a national security threat. In the midst of a trade war with Beijing, President Donald Trump has barred US companies from engaging in telecommunications trade … Read moreGoogle, Android start to cut ties with Huawei

Rupee surges as market cheers exit poll results

The rupee appreciated 79 paise to 69.44 against the US dollar in opening trade on Monday after exit poll results suggested another term for the ruling NDA government, even as crude oil prices firmed up. Forex traders said investors welcomed the exit poll results that predict a thumping majority for the current BJP-led government. Sentiments … Read moreRupee surges as market cheers exit poll results

Sensex surges after exit polls show Modi win

Domestic financial markets cheered exit poll results showed that ruling NDA is likely to will the general Lok Sabha elections on Monday, with the benchmark BSE sensex skyrocketing over 900 points, and the rupee appreciating 79 paise against the US dollar. After soaring over 962 points in early session, the 30-share index pared some gains … Read moreSensex surges after exit polls show Modi win

Former Owner and Operator of 16 Michigan Adult Foster Care Homes Convicted of Payroll Tax Fraud and Obstructing the IRS

A Grand Blanc, Michigan, man, who previously operated adult foster care homes, was convicted today of payroll tax fraud, obstructing the Internal Revenue Service (IRS), and failure to file tax returns, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Matthew Schneider for the Eastern District … Read moreFormer Owner and Operator of 16 Michigan Adult Foster Care Homes Convicted of Payroll Tax Fraud and Obstructing the IRS

Remarks of Principal Deputy Associate Attorney General Claire McCusker Murray at the Compliance Week Annual Conference

Thank you for that kind introduction, and thank you so much for having me.  This is the start of my third week as the Principal Deputy Associate Attorney General, and as the head of the Office of the Associate Attorney General.  I feel tremendously honored to join a leadership team that includes our new Attorney … Read moreRemarks of Principal Deputy Associate Attorney General Claire McCusker Murray at the Compliance Week Annual Conference

Louisiana Couple Pleads Guilty to Criminal Civil Rights Charges for Abusing Woman With Disabilities

Raylaine Knope, 42, and Terry J. Knope II, 45, pleaded guilty today in the Eastern District of Louisiana to criminal civil rights charges arising from their abuse of an adult woman with cognitive disabilities. Both defendants pleaded guilty to one count of conspiring to obtain forced, unpaid household labor and services from the victim, identified … Read moreLouisiana Couple Pleads Guilty to Criminal Civil Rights Charges for Abusing Woman With Disabilities

Justice Department Seeks to Intervene in Private Class Action to Enforce Prohibition on Unlawful “No-Poach” Agreements

“Dr. Seaman’s class action challenged alleged anticompetitive conduct occurring at the intersection of two important sectors of the U.S. economy: healthcare and higher education,” said Assistant Attorney General Makan Delrahim of the Justice Department’s Antitrust Division.  “Today’s filings, along with the Statement of Interest we filed in March, make clear that the Antitrust Division will … Read moreJustice Department Seeks to Intervene in Private Class Action to Enforce Prohibition on Unlawful “No-Poach” Agreements

The Home Price Fall Silver Lining – Affordability Improves

The HIA reported today that there was been a 10% improvement in affordability in a year. They attribute this to – wait for it, more building and wage rises – but do not mention the elephant in the room, the home price falls, which are continuing – at more than 10% in Sydney and Melbourne! … Read moreThe Home Price Fall Silver Lining – Affordability Improves

Blue Sky in receivership

Brisbane group Blue Sky Alternative Investments has gone into receivership following the breach of its $47.7 million loan facility from US-based Oaktree Capital Partners., via InvestorDaily. Oaktree has appointed receivers to the fallen group, enforcing its rights under the note facility after Blue Sky failed to reach its minimum required recurring earnings for the first quarter. … Read moreBlue Sky in receivership

NZ Reserve Bank announces next steps in Capital Review

The New Zealand Reserve Bank has today announced the next steps in its Capital Review, following the closing of written submissions on Friday last week. An announcement is planned by the end of November, with implementation of any new rules starting from April next year. The review proposes changes to regulatory capital requirements for locally … Read moreNZ Reserve Bank announces next steps in Capital Review

Election 2019: What it means for brokers

The results of the federal election are in – but what does it mean for the broking industry? We unpack the key policy positions regarding the third-party channel – via The Adviser. In a closely-run campaign that was neck-and-neck between the Australian Labor Party and the Coalition, Prime Minister Scott Morrison clinched the lead on … Read moreElection 2019: What it means for brokers

India looks to fight alone at WTO on global e-commerce rules

The pressure on India, as regards global rules for e-commerce trade, is evident at most global gatherings. Much to its embarrassment, the government had to drop a mention of the issue in a declaration issued after the mini-ministerial meeting hosted by it here last week, with only South Africa on its side. Please follow and … Read moreIndia looks to fight alone at WTO on global e-commerce rules

Their biggest challenge? Avoiding a recession

From The Conversation. Albo, or Plibersek, or whoever it turns out to be the next Labor leader, might have had a lucky accident. Usually, it’s Labor that inherits an economy turning down. This time, it’s the Coalition. And because of regular updates from the Reserve Bank and the Bureau of Statistics strikingly at odds with … Read moreTheir biggest challenge? Avoiding a recession

(What’s Left of) Our Economy: More Evidence that U.S. Growth is Healthier Under Trump

The current U.S. economic recovery has lasted so long (at more than ten years old, it’s already tied with the 1990s expansion as the longest on record), that anxiety about how long it might last, and when a new recession might begin, is entirely understandable. Yet what most economy watchers keep missing is what RealityChek … Read more(What’s Left of) Our Economy: More Evidence that U.S. Growth is Healthier Under Trump

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After Amazon, Wayfair under fire for selling bath mats depicting Hindu Gods

Washington, May 19 (IANS) American e-tailer Wayfair has come under fire for selling bath mats depicting Hindu Gods, after Amazon was slammed for selling similar items, the media reported. The Boston-based Wayfair that sells home goods, has been stocking bath mats with not just Lord Ganesha figurines but also with Lord Shiva’s imprints on it, the … Read moreAfter Amazon, Wayfair under fire for selling bath mats depicting Hindu Gods

This Week in Conflicts: Trump’s Latest Financial Disclosure Statement Released, NYC Mayor Threatens to Fine Trump Org. and Occupancy Rates at Trump Tower

President Donald J. Trump arrives on Air Force One to Joint Base Langley-Eustis, Va., March 2, 2017. (Image Credit: U.S. Air Force photo by Tech. Sgt. Daylena S. Ricks) This week, President Donald Trump’s latest financial disclosure statement was released, New York City’s mayor is threatening to fine the Trump Organization if the company does … Read moreThis Week in Conflicts: Trump’s Latest Financial Disclosure Statement Released, NYC Mayor Threatens to Fine Trump Org. and Occupancy Rates at Trump Tower