Documents published on Tuesday by WikiLeaks claim to be evidence that the “CIA lost control of the majority of its hacking arsenal.” According to the WikiLeaks files, it appears that the CIA has teams specifically dedicated to breaking into Apple products, including iOS, the software that runs on iPhones and iPads, and even Apple’s line of routers, AirPort .
Day: March 7, 2017
‘Disingenuous and absurd’: White House slams resurfaced…
The White House on Tuesday shot down resurfaced reports suggesting President Donald Trump met with Russian Ambassador Sergey Kislyak in April, calling the accounts “disingenuous and absurd.” As revisited Tuesday by the liberal-leaning AmericaBlog , a report in the Wall Street Journal last May said Trump and Kislyak interacted at a reception that preceded a foreign-policy speech the then-Republican frontrunner gave at a Washington, DC, hotel.
All 100 senators appeal to Trump administration: Jewish center…
All 100 US Senators signed a letter to Attorney General Jeff Sessions, Homeland Security Secretary John Kelly, and FBI Director James Comey on Tuesday asking for “swift action” over repeated bomb threats against Jewish organizations around the country. The threats have targeted Jewish Community Centers , Jewish Day Schools, synagogues and other buildings affiliated with Jewish institutions over the past several weeks.
Congress Takes Sledgehammer to Broadband Privacy Rules Through Congressional Review Act
Today Senator Jeff Flake introduced a resolution of disapproval under the Congressional Review Act to repeal the broadband privacy rules enacted by the Federal Communications Commission last October. The rules protect consumer privacy by requiring ISPs to seek affirmative consent before using or disclosing their customers’ sensitive information, including web browsing and app usage history, for marketing purposes.
A Wall Street advertising stunt spotlights a push to get more women on boards
State Street Global Advisors and its advertising agency, McCann New York, have put a statue of a defiant girl across from Wall Street’s Charging Bull to draw attention to its efforts to push more companies to put women on boards. Wall Street visitors and tourists will notice a new addition if they’re walking down Broadway in New York this week.
Japan’s Economy Grows 1.2% in Oct-Dec, Below Estimates
Revised data show Japan’s economy expanded at a slower than hoped for 1.2 percent annual pace in the last quarter of 2016. The figure released Wednesday was slightly higher than the preliminary estimate of 1.0 percent annual growth for the world’s No.
CTA Applauds President Trumpa s Decision to Renominate Ajit Pai as FCC Chairman
As the administration implements its executive order to identify unnecessarily burdensome rules and eliminate them, Chairman Pai’s firm adherence to and application of regulatory forbearance will ensure the commission focuses on rules that promote competition, innovation and flexibility. “We look forward to working with Chairman Pai for many years to come to better deliver the anytime/anywhere access that consumers now demand and expand broadband access and digital opportunity to all Americans.
ZTE’s $1.2 Billion Sanctions Settlement Ends Year of U.S. Limbo
ZTE Corp. has agreed to pay as much as $1.2 billion for violating U.S. laws restricting the sale of American technology to Iran, ending a year of uncertainty about its ability to do business in the world’s biggest economy. Its shares surged.
ALA and 170 public interest organizations call on FCC and Congress to …
On the eve of the Senate Commerce Committee’s first Federal Communications Commission Oversight Hearing of 2017, the American Library Association and more than 170 public interest organizations sent a letter to FCC Chairman Ajit Pai and Senate Commerce Committee Chairman John Thune and Ranking Member Bill Nelson calling for the protection of the free and open internet. The letter urges these leaders to support and continue to enforce the 2015 Open Internet Order and to oppose legislative and regulatory actions that would threaten the strong net neutrality rules already in place.
What will be the catalyst for the market’s next move?
Mar. 07, 2017 – 3:48 – Patriarch Organization chairman Eric Schiffer and BGC Partners trader and senior strategist Steve Cortes on the markets and current state of the U.S. economy.
Gundlach Predicts `Old School’ Fed Will Do Sequential Hikes
The Federal Reserve is likely to begin raising rates sequentially as inflation and growth speed up, according to Jeffrey Gundlach, manager of the DoubleLine Total Return Bond Fund. “There’s starting to become a sequential type of Fed pattern,” Gundlach, chief executive officer of Los Angeles-based DoubleLine Capital, said during a webcast Tuesday.
Hundreds of 911 calls in Dallas ona
OCTOBER 21: Customers wait in line to purchase the new T-Mobile G1 phone before the start of a launch party at a T-Mobile store October 21, 2008 in San Francisco, California. T-Mobile launched of its much anticipated G1 phone in San Francisco, the night before it hits stores nationwide.
Wanted at Wells Fargo: Three New Deputies to Run Retail Bank
Wells Fargo & Co. community banking head Mary Mack is seeking three new deputies and shaking up regional leadership of the division she inherited after a bogus-account scandal.
WikiLeaks Says It Has CIA Spy Tools as McCain Cites Dangers
The Central Intelligence Agency’s hackers have developed tools letting them break into devices to monitor conversations and messages, according to documents released by WikiLeaks that — if true — could expose U.S. operations in countries from North Korea to Iran. “If they can hack into the CIA they can hack into anyone,” Republican Senator John McCain, chairman of the Senate Armed Services Committee, said of WikiLeaks.
The Federal Reserve should give Wall Street a shock
Sebastian Mallaby, author of “The Man Who Knew: The Life & Times of Alan Greenspan,” is the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations and a contributing columnist for The Post. Prudence and predictability are not exactly plentiful in President Trump’s Washington.
Net neutrality worth saving, say 170 groups in open letter – CNET
A letter signed by the ACLU and the Electronic Frontier Foundation says the rules have made the internet “the engine of opportunity it is today.” The Republican-led Federal Communications Commission isn’t a fan of net neutrality, but that isn’t deterring advocates’ efforts toward preservation the rules.
Overnight Tech: Trump nominates FCC chief to new term | WikiLeaks…
TRUMP TAPS PAI FOR ANOTHER TERM: President Trump has renominated Federal Communications Commission Chairman Ajit Pai to a new five-year term, a Senate aide told The Hill. The White House submitted the necessary paperwork on Tuesday, the source said, one day after Pai met with the president.
Ajit Pai Has Been Nominated By President Trump For A Second Term At FCC
President Donald Trump has nominated Ajit Pai, the current chairman of the Federal Communications Commission, for a second term on the commission. President Donald Trump nominated current Federal Communications Chairman Ajit Pai for a second five-year term at the commission, according to a report from Axios .
Trump Set to Roll Back Federal Fuel-Economy Requirements
In this Jan. 18, 2017, file photo, Environmental Protection Agency Administrator-designate, Oklahoma Attorney General Scott Pruitt testifies on Capitol Hill in Washington at his confirmation hearing before the Senate Environment and Public … Works Committee. On inauguration eve, five law professors filed a brief in support of a 2015 regulation giving EPA and the Army Corps of Engineers discretion to regulate tributaries and wetlands far upstream from navigable lakes and rivers to protect water quality.
Commerce Secretary Ross: We’ve Been in a Trade War for a Long Time
U.S. Commerce Secretary Wilbur Ross on Trump's meeting with AFL-CIO President Richard Trumka, the administration's concern with the U.S. trade deficit, and fake news. Chinese telecom equipment maker ZTE Corp. plead guilty and agreed to pay $1.19 billion in penalties for breaking sanctions and selling U.S. manufactured goods to Iran and North Korea, U.S. officials announced Tuesday.
Wall Street’s reaction to Trump’s promise of tax cuts
Mar. 07, 2017 – 2:40 – Former Wall Street banker and ‘Why Wall Street Matters’ author William Cohan and Kestra Private Wealth Services CEO Rob Bartenstein on Trump’s promise to cut taxes and what it means for Wall Street.
Will the GOP healthcare plan delay tax cuts?
Mar. 07, 2017 – 6:19 – Former Reagan Economic Advisor Diana Furchtgott-Roth, former Bush 41 Campaign Advisor Mark Serrano and Democratic strategist Marjorie Clifton weigh in on the fallout from the GOP healthcare reform proposal.
More than exams
Singapore is in top place in the international rankings for education. But it wants the next upgrade of the school system to focus on keeping students positive and resilient, as well as high achievement in academic results.
WTO what?
With Theresa May’s end of March deadline for triggering the UK’s exit from the EU fast approaching, much remains undecided, not least what will happen to British trade. As an EU member, the UK and UK-based firms can sell their goods to EU customers without them having to pay additional taxes.
‘I was stuck’
“I was stuck,” says Lisa Skeete-Tatum. “For the first time in my life, I didn’t know what my next move looked like.
The Browns reportedly have a ‘dream scenario’ that would…
With a plethora of picks in this year’s draft, the Cleveland Browns could take a major step forward in what figures to be an intense rebuilding process. However, part of that process may include shipping off some of those picks to land one of the biggest names of the offseason.
Nike created a brand-new running shoe to break a huge marathon…
Nike is breaking new ground with its “Breaking2” initiative to help a group of three runners complete a full marathon in under two hours for the first time in history. To aid its chosen athletes, the sportswear giant has developed a brand-new running shoe called the Zoom Vaporfly Elite , which will be worn during the marathon attempts.
Conservative Republicans just ripped into the GOP’s…
Republican members of Congress held a press conference on Tuesday to denounce their party leadership’s American Health Care Act and said they would introduce their own Obamacare-repeal plan on Wednesday. Members of the House Freedom Caucus and Republican senators suggested the proposed legislation did not go far enough in repealing all the taxes and entitlements in the Affordable Care Act.
Flint’s lead water crisis part of infrastructure conference
Michigan Governor Rick Snyder addresses attendees of the Water Infrastructure Conference at the Riverfront Banquet Center Tuesday March 7, 2017, in Flint, Mich. Michigan Governor Rick Snyder addresses attendees of the Water Infrastructure Conference at the Riverfront Banquet Center Tuesday March 7, 2017, in Flint, Mich.
Trump Renominates FCC’s Ajit Pai To 5-Year Term
Looks like Ajit Pai passed his audition: President Trump today renominated the FCC chairman for another term that would expire in mid 2021. His previous five-year term expired last year, but commissioners get to stay for up to a year afterward if they haven’t been replaced.
Signs of Brisk Demand From Snap Shorts as Stock Falls Second Day
Shares of Snap Inc. declined a second day, bringing the loss from Friday’s high to more than 27 percent, amid signs of robust interest among short sellers. The Venice, California-based photo app maker fell 9.8 percent to $21.44, slipping more than 10 percent below the opening price Thursday.
Commerce Secretary Ross Opposes Border Adjustment Tax
U.S. Commerce Secretary Wilbur Ross now opposes the proposed border adjustment tax , according to CNBC ‘s Larry Kudlow. Kudlow tweeted the following in regards to Ross’ stance.
Kellyanne Conway Gets More Free Media Than Mike Pence and Paul Ryan
If it feels like you’ve seen a ton of Kellyanne Conway on TV lately, it’s because you have. If it feels like you’ve seen a ton of Kellyanne Conway on TV lately, it’s because you have.
Time Inc. Could Be Nearing Sale
Time Inc. the owner of publications including Time , Fortune , and Sports Illustrated could be very close to a sale, according to Bloomberg . The 94-year-old media company has reportedly asked potential bidders to submit their bids by next week.
Home Depot Is Ridiculously Successful Probably Because It’s Constantly Paranoid About One Thing
While big name bricks-and-mortar retailers like Macy’s and Sears Holdings Corp. crumble , home improvement retailer Home Depot continues to have runaway success. In large part, that’s due to the ongoing recovery of the U.S. housing market and surging stock prices that are spurring people to invest in their homes.
Electronic Arts Reaches New Highs
During a rather directionless session shares of EA are trading at new highs and are set up well for more upside. Electronic Arts was a top ten gainer in the S&P 500 today.
3M’s an Income Buy That’s Going Higher
There’s no denying 3M’s enduring ability to drive value. Over the past 15 years, the company has outperformed other diversified industrial companies as well as the S&P 500 What’s most reassuring about 3M is its rock-solid dividend , which it has raised for nearly six decades.
This Year’s International Women’s Day Is Important
On Wednesday, don’t be surprised if some women don’t show up to work. For those unfamiliar, the strike is an action set on International Women’s Day on March 8 that calls for refraining from shopping at large companies, sitting out a day of work and wearing red in solidarity.
These Weak Closes Are Getting to Be a Thing
The key to the market strength since the rally started in November has been the consistently strong closes. Prior to the past week, there have been no weak closes in 2017.
Trump renominates FCC Chair Ajit Pai for another five-year term
President Donald Trump has renominated Ajit Pai to serve another term at the Federal Communications Commission, Axios reported today . The move requires Senate approval, but it is basically a formality that ensures Pai will remain on the commission throughout Trump’s four-year term as president.