Chairman Ajit Pai and the Federal Communications Commission recently made a big decision: to put an end to investigations into what is known as “free data” or “zero-rating” programs. Though the announcement was met with scorn from some online activists, the announcement was a historic milestone for those of us who have been committed to ensuring all Americans-especially, those in low-income and minority communities-have the critical internet-based tools and resources they need to compete in today’s world.
Day: March 8, 2017
What you need to know when you inherit a house
My son was left everything by his grandparents in their will. A lawyer had an auction company out to the grandparents’ home without my son’s knowledge.
Strongest Japan Loan Growth Since Bubble Shows Reflation at Work
It’s shaping up to be another good year for lending in Japan, data showed on Wednesday, offering further evidence that — for all its shortfalls — the Abenomics program of reflation continues to make progress. One measure of loans outstanding jumped by 2.9 percent in February from a year before, and has gained at least 2 percent each month since the spring of 2013 — a pace not seen in Bank of Japan records going back to 1992, the year Japan’s land-price bubble popped.
North Korean Banks Barred From Swift Global Messaging System
North Korean banks subject to international sanctions have recently been banned by Swift from using its global financial messaging service, according to a statement from the Belgium-based Society for Worldwide Interbank Financial Telecommunication. Swift said it had recently been informed by Belgian authorities that they would no longer provide the “necessary authorizations” for it to continue offering services to North Korean banks covered by United Nations sanctions.
Emirates Invites Barflies to Pull Up a Seat With A380 Makeover
Flying bars that cater to premium passengers on the world’s biggest fleet of A380 superjumbos are set for a saloon-style upgrade as Gulf carrier Emirates seeks to use the sky-high hangouts to lure affluent travelers. Out will go the semicircular benches on which passengers have perched since Emirates introduced the on-board lounges almost a decade ago, to be replaced by an altogether more comfortable setup featuring a table for four located either side of the counter and below the superjumbo’s windows.
European Stocks Set For Cautious Start; U.K. Budget in Focus
European stocks are expected to start the session with a cautious tone Wednesday as investors await a key budget statement from the U.K. government. European stocks are expected to start the session with a cautious tone Wednesday as investors await a key budget statement from the U.K. government.
WhiteSpace Alliance Predicts United States will Rapidly Move Forward with TV White Space Deployments
The WhiteSpace Alliance , a global industry organization enabling sharing of underutilized spectrum, says that completion of the recent FCC spectrum incentive auction will make the United States a prime market for TV white space deployments. “The completion of the incentive auction will remove regulatory uncertainty and free up more than 80 MHz of spectrum for license-exempt wireless Internet access,” said Dr. Apurva N. Mody, Chairman of WhiteSpace Alliance.
Nikkei Falls For 4th Day Ahead of U.S. Jobs Data
Japan’s Nikkei share average eased slightly for the fourth consecutive session on Wednesday, as investors turned cautious ahead of a U.S. jobs report later in the week. Nintendo Co Ltd however bucked the trend to climb 0.6 percent after Japanese video game news magazine Famitsu reported that a hybrid home console and handheld device that Nintendo released on March 3 sold an estimated 330,637 units in the first three days.
China Shares Dip as Trade Data Shrugged Off
News that China unexpectedly posted a rare trade deficit in February, as imports surged far more than expected, did not have an impact on mainland exchanges. The CSI300 index fell 0.1 percent, to 3,449.45 points at the close, while the Shanghai Composite Index was barely changed at 3,241.18.
US Senate resolution aims to roll back privacy rules for ISPs
A resolution introduced in the U.S. Senate on Tuesday aims to roll back privacy rules for broadband service providers that were approved by the Federal Communications Commission in October. The rules include the requirement that internet service providers like Comcast, AT&T, and Verizon should obtain “opt-in” consent from consumers to use and share sensitive personal information such as geolocation and web browsing history, and also give customers the option to opt out from the sharing of non-sensitive information such as email addresses or service tier information.
WikiLeaks Adds to Samsung Headaches With Claims of Spying TVs
For a company that has been mired in negative headlines for months, just about the last thing Samsung Electronics Co. needed was news its smart TVs could be used to spy on users.
`There’s No Guy?’ Why Women Now Rule Banking in Thailand
As one of four presidents at Thailand’s biggest lender, Kasikornbank Pcl, Kattiya Indaravijaya often conducts interviews for senior positions. The job candidates are impressive.
Adidas Misses Full-Year Earnings But Sounds Upbeat Note for 2017
Adidas posted weaker-than-expected full-year earnings Wednesday but boosted 2017 sales targets and vowed to maintain the sportswear group’s focus on the U.S. market. Adidas AG posted weaker-than-expected full-year earnings Wednesday but boosted 2017 sales targets and vowed to maintain the sportswear group’s focus on the U.S. market.
Sheriff Clarke: The Opioid Epidemic is More Than a Border Issue
Milwaukee County Sheriff David Clarke believes that President Trump’s administration understands the seriousness of the opioid epidemic and also sealing up the southern border. “a they [Congress] are going to have to seal that damm border for domestic security issues, national security issues, the heroin, the drug cartels operating freely across the border is a domestic security issuea it doesn’t matter how many people you deport, they are going to find their way back in,” he told the FOX Business Network’s Lou Dobbs.
Study: Women Prefer Paid Jobs to Housework and Men Agree
Most women around the world would prefer to be working at paid jobs, and nearly as many men agree with them, even in regions with traditionally fewer women in the workforce, according to research released on Tuesday. Only a third of women and men would prefer to see women stay at home, said the report by the U.N. International Labour Organization and U.S. polling organization Gallup Inc. Half of the world’s working age women participate in the labor market, compared with three-quarters of men, the ILO said.
Crude Falls on Expected Supply Build
Oil futures fell in Asian trade on Wednesday after industry data pointed to a potential ninth straight week of inventory builds, renewing concerns about an oversupply of oil despite output curbs by OPEC and non-OPEC members. Brent futures fell 29 cents, or 0.5 percent, to $55.63 as of 0504 GMT after settling down 0.2 percent in the previous session.
Asian Shares Rebound After Upbeat China Data
Asian stocks erased early losses and edged higher on Wednesday as strong China trade data bolstered bets of a recovering global economy, though gains were capped by caution ahead of a widely expected U.S. interest rate hike next week. China’s imports grew 44.7 percent in February from a year earlier on a yuan-denominated basis, accelerating from the previous month and leading to a rare trade deficit for the country.