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Treasury chief says IRS to ban hedge fund tax dodge
Technology
Published in 18-4-2018
    806 Visits
Treasury Secretary Steven Mnuchin said the Internal Revenue Service plans on closing a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. Mnuchin told the Senate Finance Committee Wednesday that a Bloomberg News story this week, which detailed how hedge funds created scores of shell companies to work around the new carried-profit ...>>
Reference: www.chron.com
Inflation pressures raising expectations for rate hikes
Technology
Published in 18-4-2018
    37 Visits
WASHINGTON - Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth. The latest source of concern was a report Wednesday that showed a key measure of inflation rising in January by the sharpest rate in a year. The increase was led by higher prices for clothing, housing and auto i ...>>
Reference: www.chron.com
Lexus tops vehicle dependability study for 7th straight year
Technology
Published in 18-4-2018
    367 Visits
DETROIT - Lexus is the most dependable vehicle brand for the seventh consecutive year in J.D. Power's annual survey. Porsche, Buick, Infiniti and Kia round out the top five brands in the survey. The worst performers were Chrysler, Land Rover, Fiat, Jeep and Cadillac. The survey measures problems that vehicle owners experience after three years of ownership. For this year's survey, J.D. P ...>>
Reference: www.chron.com
Children's author Asher expelled from writer organization over harassment
Technology
Published in 18-4-2018
    804 Visits
NEW YORK - Best-selling children's author Jay Asher has been expelled from a prominent writers organization because of allegations about sexual harassment. Lin Oliver, executive director of the Society of Children's Book Writers and Illustrators, said this week that Asher had violated the society's harassment code. He was banned last year, but the news only came to light with the ri ...>>
Reference: www.chron.com
Tax overhaul may mean more acrimonious divorce negotiations
Technology
Published in 18-4-2018
    301 Visits
NEW YORK - President Donald Trump's tax law could make divorce an even more miserable experience, according to a new survey of the nation's top matrimonial attorneys. Almost two-thirds of respondents said they expect divorce negotiations to become more acrimonious following a change to the tax treatment of alimony, a poll by the American Academy of Matrimonial Lawyers showed. The new law ...>>
Reference: www.chron.com
Zuckerberg: regulation of social media firms is 'inevitable'
Technology
Published in 11-4-2018
    837 Visits
WASHINGTON (AP) Facebook CEO Mark Zuckerberg told a House oversight panel Wednesday that he believes it is "inevitable" there will be regulation of the social media industry and also disclosed to lawmakers that his own data was included in the personal information sold to malicious third parties. "The internet is growing in importance around the world in people's lives and I think that it is ...>>
Reference: www.chron.com
Insurers look to pass drug price breaks straight to consumer
Technology
Published in 11-4-2018
    182 Visits
Some major health insurers plan to take a little sting out of prescription drug prices by giving customers rebates at the pharmacy counter. Aetna and UnitedHealthcare both say they will begin passing rebates they get from drugmakers along to some customers starting next year. They could spark a trend: The idea has been championed by President Donald Trump, and it's something other bill-payers ...>>
Reference: www.chron.com
Former US House speaker to promote legalizing marijuana
Technology
Published in 11-4-2018
    930 Visits
CINCINNATI (AP) Former U.S. House Speaker John Boehner said Wednesday he has had a change of heart on marijuana and will promote its nationwide legalization as a way to help veterans and the nation's deadly opioid crisis. The Ohio Republican, an avid cigarette smoker, has joined the advisory board of Acreage Holdings , a multistate cannabis company. The company also announced that former Mas ...>>
Reference: www.chron.com
Federal lawsuit seeks to block Kentucky's new abortion law
Technology
Published in 11-4-2018
    260 Visits
LOUISVILLE, Ky. (AP) Kentucky lawmakers and the American Civil Liberties Union are again locked in battle over abortion rights. The ACLU filed a federal lawsuit Tuesday shortly after Republican Gov. Matt Bevin signed a new law banning a common second-trimester abortion procedure known as "dilation and evacuation." Kentucky's GOP-led legislature passed the bill overwhelmingly. It is the secon ...>>
Reference: www.chron.com
Report: Baylor officials did nothing after being notified of assaults
Technology
Published in 11-4-2018
    652 Visits

According to an alleged victim of multiple assaults by an ex-football player, Baylor coach Art Briles and university president Ken Starr did nothing after being informed.

Reference: www.chron.com
The center of the Milky Way is teeming with black holes
Technology
Published in 4-4-2018
    90 Visits
WASHINGTON (AP) The center of our galaxy is teeming with black holes, sort of like a Times Square for strange super gravity objects, astronomers discovered. For decades, scientists theorized that circling in the center of galaxies, including ours, were lots of stellar black holes , collapsed giant stars where the gravity is so strong even light doesn't get out. But they hadn't seen evid ...>>
Reference: www.chron.com
The Latest: Facebook curbs outsiders' access to user data
Technology
Published in 4-4-2018
    823 Visits
NEW YORK (AP) The Latest on Facebook's privacy scandal (all times local): 2:45 p.m. Facebook is restricting the user data it allows outsiders to access as part of steps it's taking to address the fallout from its worst privacy crisis in years. The company is reeling from news that a Trump-affiliated data-mining firm used ill-gotten data from millions of users to try to influence electio ...>>
Reference: www.chron.com
Latest: Officer visits gun range near YouTube headquarters
Technology
Published in 4-4-2018
    67 Visits
SAN BRUNO, Calif. (AP) The Latest on a shooting at YouTube headquarters (all times local): 12:45 p.m. A San Bruno police officer spent nearly two hours at a gun range not far from the YouTube headquarters where a woman shot and wounded 3 people before she killed herself. The officer arrived late Wednesday morning at the Jackson Arms Shooting Range in the city of South San Francisco after authorit ...>>
Reference: www.chron.com
Facebook scandal affected more users than thought: up to 87M
Technology
Published in 4-4-2018
    723 Visits
NEW YORK (AP) Facebook revealed Wednesday that tens of millions more people might have been exposed in the Cambridge Analytica privacy scandal than previously thought and said it will restrict the user data that outsiders can access. Those developments came as congressional officials said CEO Mark Zuckerberg will testify next week, while Facebook unveiled a new privacy policy that aims to explain ...>>
Reference: www.chron.com
Report: Baylor officials did nothing after being notified of assaults
Technology
Published in 4-4-2018
    131 Visits

According to an alleged victim of multiple assaults by an ex-football player, Baylor coach Art Briles and university president Ken Starr did nothing after being informed.

Reference: www.chron.com


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