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  • Seven charged in U.S. insider trading ring

    Golocal247.com news

    U.S. authorities on Wednesday announced insider trading charges accusing seven people of generating more than $5 million of profit based on tips from a Bank of America Corp employee about dozens of pending corporate transactions. Daniel Rivas, who was the alleged tipper and later worked at Royal Bank of Canada , and James Moodhe, the father of Rivas' girlfriend, both pleaded guilty to charges of fraud, conspiracy, and making false statements to Federal Bureau of Investigation agents.

    Wed, 16 Aug 2017 17:33:16 -0400
  • Baltimore removes four Confederate statues after Virginia rally

    Golocal247.com news

    The statues, including one of General Robert E. Lee and another of General Thomas "Stonewall" Jackson, were taken off their bases in Wyman Park Dell, beside the Baltimore Museum of Art, and carried away on a flatbed truck. City Councilman Brandon Scott had called for immediate action following the "domestic terrorism" carried out on Saturday by white supremacists in Charlottesville. In Los Angeles on Wednesday, the United Daughters of the Confederacy asked the Hollywood Forever Cemetery to remove a monument that since 1925 honored Confederate veterans.

    Wed, 16 Aug 2017 17:24:51 -0400
  • U.S. civil rights group sues Nebraska prisons for overcrowding

    The lawsuit, filed in U.S. District Court in Lincoln, Nebraska, on behalf of prisoners, asks a federal judge to order the state to fix problems including the overuse of solitary confinement and neglect of medical, disability and mental health needs. "For over twenty years, Nebraska state prisons have been overcrowded, under-resourced, and understaffed. Officials with the Nebraska Department of Correctional Services, named in the suit along with the Board of Parole, did not immediately respond to a request for comment.

    Wed, 16 Aug 2017 15:18:39 -0400
  • Carmakers win brief reprieve from lawsuits over faulty Takata air bags

    Golocal247.com news

    The decision gives the Japanese auto supplier breathing room to work through its bankruptcy reorganization. U.S. Bankruptcy Judge Brendan Shannon in Wilmington, Delaware, granted a 90-day halt on lawsuits brought by Hawaii, New Mexico, the U.S. Virgin Islands as well as individuals. Takata argued for a six-month freeze on hundreds of lawsuits so management could complete a $1.6 billion sale of its viable operations, crucial to its reorganization, and replace air bag inflators that are subject to the biggest recall in automotive history.

    Wed, 16 Aug 2017 15:05:09 -0400
  • U.S. too slow to require rear seat belt warnings, lawsuit says

    In a complaint filed on Wednesday, two nonprofits said the National Highway Traffic Safety Administration (NHTSA) has done nothing to implement legislation signed in July 2012 by former President Barack Obama that required the warnings. The Center for Auto Safety, and Kids and Cars Inc, said nearly 1,000 people are killed annually in the rear seats of U.S. passenger vehicles because they do not buckle up, and proper belt usage would lower the risk of death by 44 percent. "No one disagrees that seat belts save lives," Jason Levine, executive director of the Center for Auto Safety, said in a phone interview.

    Wed, 16 Aug 2017 14:58:35 -0400
  • Black banker sues Goldman Sachs for racial discrimination

    Golocal247.com news

    Rebecca Allen in the lawsuit filed in federal court in Manhattan said Goldman's virtually all-white senior leadership team favors white bankers for promotions and lucrative accounts, so they earn more than black coworkers. "Simply put, Goldman Sachs does virtually nothing to hire, promote or develop black talent, instead focusing its efforts on retaining and promoting white employees to positions of leadership," Allen said in the complaint. Goldman in a statement said the claims were meritless.

    Wed, 16 Aug 2017 14:29:06 -0400
  • U.S. court rules Arkansas can block Planned Parenthood funding

    Golocal247.com news

    A U.S. appeals court on Wednesday reversed a ruling that prevented Arkansas from cutting off Medicaid funding to Planned Parenthood following the release of controversial videos secretly recorded by an anti-abortion group. The 8th U.S. Circuit Court of Appeals in St. Louis reversed a federal judge's ruling forbidding Arkansas from carrying through with Republican Governor Asa Hutchinson's directive to suspend Medicaid reimbursements to a Planned Parenthood affiliate.

    Wed, 16 Aug 2017 13:57:17 -0400
  • Virginia rally victim's message 'magnified,' mother tells memorial

    Golocal247.com news

    With tears and defiant tributes, hundreds of purple-clad people packed an historic Charlottesville theater to remember the 32-year-old woman killed when a suspected white nationalist crashed his car into anti-racist demonstrators. Heather Heyer, a paralegal whom colleagues said was devoted to social justice, was killed after clashes on Saturday between white nationalists attending a "Unite the Right" gathering and counter-protesters. You just magnified her," Heyer's mother Susan Bro said to long and loud applause from those gathered at the city's 1930s era Paramount Theater.

    Wed, 16 Aug 2017 12:51:41 -0400
  • U.N. experts condemn racist violence in U.S., urge investigations

    Golocal247.com news

    United Nations human rights experts called on U.S. political leaders "at all levels" on Wednesday to combat rising racist violence and xenophobia and urged prosecution of perpetrators of hate crimes. U.S. President Donald Trump insisted on Tuesday that both left- and right-wing extremists had become violent during a weekend rally by white nationalists in Virginia, reigniting a political firestorm over race relations in the United States and his own leadership of a national crisis. "We are outraged by the violence in Charlottesville and the racial hatred displayed by right-wing extremists, white supremacists and neo-Nazi groups," the independent U.N. experts said in a joint statement issued in Geneva.

    Wed, 16 Aug 2017 11:38:55 -0400
  • Factbox: Trump on Twitter (Aug 16)- Kim Jong Un, Amazon

    The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS.

    Wed, 16 Aug 2017 11:31:51 -0400
  • German politicians accuse Trump of trivializing Nazi violence

    Golocal247.com news

    By Michael Nienaber and Andrea Shalal BERLIN (Reuters) - Senior German politicians on Wednesday accused U.S. President Donald Trump of trivializing violence by white supremacists in Virginia and called for a clear rejection of their ideology. Governments could only win the fight against hatred, racism and anti-Semitism by rejecting such ideology and the willingness to use violence, said Martin Schulz, the center-left candidate for chancellor, adding that this applies to Germany and the United States. "The trivialization of Nazi violence by the confused utterances of Donald Trump is highly dangerous," said Schulz, leader of the Social Democrats (SPD).

    Wed, 16 Aug 2017 10:35:37 -0400
  • Army helicopter with five aboard crashes off Hawaii: U.S. Coast Guard

    Golocal247.com news

    (Reuters) - Rescue teams searched for a downed Army Black Hawk helicopter with five crew members aboard that was last reported off the west coast of Hawaii, the U.S. Coast Guard said on Wednesday. Coast Guard Hercules and Army Black Hawk aircrews spotted debris near Kaena Point, Oahu at 11:28 p.m. local time after staff at Wheeler Army Airfield said they had lost contact with one of their UH-60 Black Hawk aircrews, the Coast Guard said. Rescue crews searched for five missing people who were training between Kaena Point and Dillingham Airfield, also on Oahu, when communications were lost. ...

    Wed, 16 Aug 2017 10:27:12 -0400
  • Trump blames 'both sides' for Virginia violence as many Republicans balk

    Golocal247.com news

    By Amanda Becker and Jeff Mason WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump inflamed tension after a deadly rally by white nationalists in Virginia by insisting that counter protesters were also to blame, drawing condemnation from some Republican leaders and praise from white supremacists. In a combative news conference, Trump backed off from his Monday statements explicitly denouncing the Ku Klux Klan, neo-Nazis and white supremacists for the violence that erupted at a "Unite the Right" rally in Charlottesville, and reverted to his weekend contention that "many sides" were to blame. "You had a group on one side that was bad," Trump said on Tuesday.

    Wed, 16 Aug 2017 06:03:14 -0400
  • Lincoln Memorial in Washington defaced with expletive

    Golocal247.com news

    (Editor's note: Please be advised that paragraph 2 contains language that some readers may find offensive) WASHINGTON (Reuters) - The Lincoln Memorial in the U.S. capital was spray painted with expletive graffiti that was discovered on Tuesday, days after violence broke out in Charlottesville, Virginia, over an American Civil War-era monument. The graffiti appeared to read "fuck law" spray painted in red on a column of the memorial to Abraham Lincoln, the American president who signed the Emancipation Proclamation freeing slaves in the United States. The National Park Service said in a statement that it was removing the graffiti from the monument and a Smithsonian Institution directional sign blocks away that was also vandalized with spray paint.

    Wed, 16 Aug 2017 05:35:01 -0400
  • Texas 'bathroom bill' dies in special legislative session

    Golocal247.com news

    Texas measures criticized as being discriminatory for limiting transgender people's access to bathrooms in schools and public buildings died on Tuesday, as the House adjourned and ended its special legislative session. The measures were blocked by moderate House Republicans. Adoption by Texas, the most populous Republican-dominated state, could have fed momentum in other socially conservative states on the issue, a flashpoint in the U.S. culture wars.

    Tue, 15 Aug 2017 23:09:18 -0400
  • Trump-backed candidate for Senate heads to Alabama run-off

    A Republican candidate backed by President Donald Trump for a U.S. Senate seat from Alabama is expected to finish a distant second in a primary election on Tuesday, but will still have enough votes to advance to a run-off, local news projected. In the election for the seat vacated by Republican Jeff Sessions when he became U.S. attorney general, Luther Strange, who was appointed to the seat and was backed by Trump, will move to the Republican primary along with former Alabama Supreme Court Chief justice Roy Moore, the projections said.

    Tue, 15 Aug 2017 23:08:36 -0400
  • Jurors begin deliberating in trial of four Bundy supporters in Nevada

    Jurors at a federal court in Nevada began deliberations on Tuesday in the retrial of four men accused of numerous charges for acting as gunmen in the 2014 standoff led by renegade rancher Cliven Bundy against federal authorities. U.S. prosecutors said the four defendants - Scott Drexler, Ricky Lovelien, Eric Parker and Steven Stewart - committed crimes including conspiracy, assault on a federal officer, extortion and weapons law violations when they traveled to Nevada with firearms to participate in a plan to halt the cattle roundup.

    Tue, 15 Aug 2017 21:26:38 -0400
  • Factbox: Trump on Twitter (August 15) - Luther Strange, Manufacturing Council

    The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS. The opinions expressed are his own. Reuters has not edited the statements or confirmed their accuracy. @realDonaldTrump : - Senator Luther Strange, who is doing a great job for the people of Alabama, will be on @foxandfriends at 7:15. Tough on crime, borders etc. [0630 EDT] - Big day in Alabama. Vote for Luther Strange, he will be great! [0808 EDT] - For every CEO that drops out of the Manufacturing Council, I have many to take their place. ...

    Tue, 15 Aug 2017 20:13:01 -0400
  • AIG shops $2 billion death benefits portfolio: sources

    AIG, the largest commercial insurer in the United States and Canada, is working with investment bankers at Goldman Sachs Group Inc to unload the assets, said the sources, who were not authorized to discuss the negotiations publicly. Apollo Global Management LLC is looking at buying at least some of the policies, one of the sources said. Parties including Blackstone Group LP have purchased similar life settlements, or "death benefits" from AIG in previous transactions, the people said.

    Tue, 15 Aug 2017 20:02:58 -0400
  • U.S. court strikes down two Republican-drawn Texas congressional districts

    A U.S. court struck down two Republican-drawn U.S. congressional districts in Texas on Tuesday, saying they were discriminatory and ordering a remedy ahead of elections in 2018, court papers showed. In the case that has been contested in federal courts for about six years, a three-judge panel at U.S. District Court in San Antonio ruled lawmakers drew up the districts to undermine the influence of racial minority voters, who plaintiffs argued typically show more support for Democrats than Republicans. The court said the 27th and 35th congressional districts were drawn in violation of the U.S. Voting Rights Act.

    Tue, 15 Aug 2017 20:00:46 -0400
  • Trump casts blame on both sides for deadly violence in Virginia

    Golocal247.com news

    By Jeff Mason NEW YORK (Reuters) - U.S. President Donald Trump unabashedly insisted on Tuesday that both left- and right-wing extremists resorted to violence during a weekend rally by white nationalists in Virginia, and that some present were peacefully protesting plans to remove a Confederate monument when the upheaval began. Trump, taking questions from reporters in the lobby of Trump Tower in New York, reverted to his initial comments blaming "many sides" for Saturday's violence in Charlottesville, a day after bowing to pressure to explicitly condemn the Ku Klux Klan, neo-Nazi and white supremacist groups.

    Tue, 15 Aug 2017 19:38:41 -0400
  • U.S. court strikes down two Republican-drawn Texas congressional districts

    A U.S. court struck down two Republican-drawn U.S. congressional districts in Texas on Tuesday, calling them discriminatory and ordering a remedy ahead of elections in 2018, court papers showed. In the case that has been contested in federal courts for about six years, a three-judge panel at U.S. District Court in San Antonio ruled lawmakers drew up the districts to undermine the influence of racial minority voters, who plaintiffs argued typically show more support for Democrats than Republicans. The court said the 27th and 35th congressional districts were drawn in violation of the U.S. Voting Rights Act.

    Tue, 15 Aug 2017 19:06:11 -0400
  • Factbox: Trump's manufacturing panel CEOs, companies comment on Charlottesville

    AFL-CIO President Richard Trumka became the latest to resign on Tuesday after Trump blamed both sides for the violence that left one woman dead and several others injured. Merck & Co Inc's Kenneth Frazier, who is African-American, was the first CEO to leave one of Trump's presidential advisory councils and was followed by the chief executives of Intel Corp and Under Armour Inc.

    Tue, 15 Aug 2017 19:00:35 -0400
  • U.N. chief Guterres condemns racism, xenophobia: Twitter post

    UNITED NATIONS (Reuters) - United Nations Secretary General Antonio Guterres on Tuesday said that "Racism, xenophobia, anti-Semitism, Islamophobia" were "poisoning our societies," after violence erupted between left- and right-wing groups in Virginia following a white supremacist rally on Saturday. "We must stand up against them. Every time. Everywhere," Guterres said in a Twitter post. (Reporting by Michelle Nichols; Writing by Eric Walsh; Editing by David Alexander)

    Tue, 15 Aug 2017 18:55:13 -0400
  • Neo-Nazi group moves to 'Dark Web' after website goes down

    Golocal247.com news

    Neo-Nazi website the Daily Stormer, which helped organize a gathering in Virginia on Saturday that turned violent, moved to the so-called Dark Web on Tuesday because its registration to use the open internet was revoked. GoDaddy Inc and Alphabet Inc's Google canceled Daily Stormer's Internet registration on Monday, saying the group had violated terms of service, which prohibit clients from using their sites to incite violence. Andrew Anglin, the founder of Daily Stormer, did not respond to requests for comment.

    Tue, 15 Aug 2017 18:43:59 -0400
  • Organizers of white nationalist rally in Virginia, driver sued for $3 million

    Two people who say they were injured in a far-right rally in Charlottesville, Virginia sued the man charged with killing a woman by driving his car through the crowd as well as the event's organizers on Tuesday for $3 million. Tadrint Washington and Micah Washington said in papers filed in Charlottesville circuit court that they had been among the people hurt when James Alex Fields drove his car into a crowd of counter-protesters, killing one. The lawsuit names Fields, "Unite the Right" rally organizer Jason Kessler and about two dozen alt-right leaders and organizations as defendants.

    Tue, 15 Aug 2017 18:43:59 -0400
  • AFL-CIO leader resigns from Trump's council, says president 'tolerates bigotry'

    AFL-CIO President Richard Trumka and Deputy Chief of Staff Thea Lee resigned on Tuesday from President Donald Trump's manufacturing council, slamming his remarks about protests in Virginia and saying he "tolerates bigotry and domestic terrorism." The statement by the AFL-CIO, the largest federation of labor unions in the United States, cited Trump's remarks at a news conference earlier Tuesday in which he said both left- and right-wing groups were to blame for violence in Virginia after a white supremacist rally on Saturday. "President Trump's remarks today repudiate his forced remarks yesterday about the KKK and neo-Nazis.

    Tue, 15 Aug 2017 18:43:59 -0400
  • AIG shops $2 billion death benefits portfolio: sources

    Golocal247.com news

    AIG, the largest commercial insurer in the United States and Canada, is working with investment bankers at Goldman Sachs Group Inc to unload the assets, said the sources, who were not authorized to discuss the negotiations publicly. Apollo Global Management LLC is looking at buying at least some of the policies, one of the sources said. Parties including Blackstone Group LP have purchased similar life settlements, or "death benefits" from AIG in previous transactions, the people said.

    Tue, 15 Aug 2017 18:28:11 -0400
  • Lincoln Memorial in Washington defaced with expletive

    The Lincoln Memorial in the U.S. capital was spray painted with expletive graffiti that was discovered on Tuesday, days after violence broke out in Charlottesville, Virginia, over an American Civil War-era monument. The graffiti appeared to read "fuck law" spray painted in red on a column of the memorial to Abraham Lincoln, the American president who signed the Emancipation Proclamation freeing slaves in the United States. The National Park Service said in a statement that it was removing the graffiti from the monument and a Smithsonian Institution directional sign blocks away that was also vandalized with spray paint.

    Tue, 15 Aug 2017 18:23:12 -0400
  • Denver approves $1.8 billion, 34-year public-private airport contract

    Denver City Council approved on Tuesday a $1.8 billion public-private partnership project to redesign the Jeppesen Terminal of Denver International Airport (DEN), the latest airport to use this financing structure for redevelopment. The contract, which is for the next 34 years, is the largest in the city's history, according to DEN. Some U.S. airports are showing increased interest in using P3s to fund larger-scale projects, said Kurt Forsgren, an infrastructure analyst for S&P Global Ratings.

    Tue, 15 Aug 2017 18:12:41 -0400
  • Accused bomber fails to keep notebook mentioning bin Laden out of NY trial

    Golocal247.com news

    A man accused of setting off bombs in New York City and New Jersey last September has failed to persuade a federal judge to keep a notebook that refers to bombs and former al Qaeda leader Osama bin Laden out of his upcoming trial. U.S. District Judge Richard Berman in Manhattan ruled at a hearing on Tuesday that the notebook belonging to Ahmad Rahimi, dubbed the "Chelsea Bomber," could be used as evidence of his motive at his scheduled Oct. 2 trial. Berman also allowed prosecutors to introduce records of Rahimi's internet activity and videos of his movements, but barred evidence about a shootout with New Jersey police before his capture, saying it was not relevant to the New York case.

    Tue, 15 Aug 2017 18:04:02 -0400
  • U.S. cities step up removal of Confederate statues, despite Virginia violence

    Golocal247.com news

    Maryland Governor Larry Hogan on Tuesday joined a growing list of officials seeking to remove statues as a national debate flared anew over whether monuments to the Confederacy are symbols of hate or heritage. Hogan, a Republican, called for taking down a statehouse statue of U.S. Supreme Court Justice Roger B. Taney, who wrote the 1857 Dred Scott decision affirming slavery.

    Tue, 15 Aug 2017 17:50:33 -0400
  • Kushner Cos faces lawsuit claiming rent overcharging in New York

    (Reuters) - Residents of a building owned by the Kushner Cos on Tuesday sued the real estate company belonging to the family of President Donald Trump's son-in-law Jared Kushner, alleging the it overcharged them for rent in violation of New York law.

    Tue, 15 Aug 2017 17:46:37 -0400
  • NY Times must face defamation lawsuit over professor's slavery comments

    Golocal247.com news

    The 5th U.S. Circuit Court of Appeals revived claims by Walter Block, who teaches at Loyola University, over a January 26, 2014, front page article about libertarianism and a potential presidential candidacy of Senator Rand Paul, a Kentucky Republican who later ran for the White House. "We are disappointed in the court's ruling but remain convinced that our story was accurate," Danielle Rhoades Ha, a spokeswoman for the newspaper, said in an email.

    Tue, 15 Aug 2017 17:27:03 -0400
  • Swiss firm settles charges it helped Americans evade taxes

    A Swiss asset management firm agreed to pay $5 million to settle charges it helped American clients evade U.S. taxes by opening undeclared foreign bank accounts for a decade, the U.S. Department of Justice said on Tuesday. Prime Partners oversaw $270 million of assets for U.S. taxpayer clients in 2008, and ended last year with $2.6 billion of assets under management, settlement papers show. A lawyer for Prime Partners did not immediately respond to a request for comment.

    Tue, 15 Aug 2017 17:13:51 -0400
  • Hurricane Gert strengthens, moving faster toward north-northeast: NHC

    (Reuters) - Gert, the second hurricane of the 2017 Atlantic season, became a little stronger and was moving faster toward the north-northeast, the U.S. National Hurricane Center said on Tuesday. The hurricane was about 385 miles (615 km) west-northwest of Bermuda, packing maximum sustained winds of 80 miles per hour (130 km/h). Weakening should begin by Thursday when Gert moves over colder water, the NHC said. (Reporting by Nallur Sethuraman in Bengaluru; Editing by James Dalgleish)

    Tue, 15 Aug 2017 16:56:42 -0400
  • Trump orders faster permitting on infrastructure projects

    Golocal247.com news

    By Jeff Mason NEW YORK (Reuters) - U.S. President Donald Trump on Tuesday signed an executive order to speed approvals of permits for highways, bridges and other major building efforts as part of his proposal to spend $1 trillion to fix aging U.S. infrastructure. The text of Trump's executive order was not immediately available. Earlier, sources said it revoked an Obama-era executive order that required strict building standards for government-funded projects to reduce exposure to increased flooding from sea level rise and other consequences of climate change.

    Tue, 15 Aug 2017 16:53:49 -0400
  • Trump says both left- and right-wing groups to blame in Virginia clashes

    Golocal247.com news

    President Donald Trump on Tuesday said both sides were to blame in the clashes in Virginia over the weekend, adding that protesters on the political left violently attacked white nationalists rallying against a decision to remove a Confederate statue. Trump had been sharply criticized for his initial comments blaming "many sides" for the violence in Charlottesville, but on Monday had explicitly condemned right-wing racist elements.

    Tue, 15 Aug 2017 16:33:39 -0400
  • Despite losing trial to Taylor Swift, DJ insists he never groped her

    Golocal247.com news

    The former Colorado radio DJ who lost a court case to Taylor Swift insisted on Tuesday that he "never grabbed" the pop star's bare buttocks while posing for a photo with her four years ago. Swift on Monday was awarded the symbolic $1 in damages that she had sought after a federal jury found that Mueller had groped her. The jury rejected Mueller's claims that members of Swift's management team had gotten him fired from his "dream job" at a local radio station by making false accusations.

    Tue, 15 Aug 2017 16:16:44 -0400
  • Massachusetts regulator probes brokerages over trading 'kickbacks'

    BOSTON/NEW YORK (Reuters) - Massachusetts' top securities regulator said on Tuesday that his office is examining whether brokerages route orders to stock exchanges that pay them additional fees regardless of whether investor clients are getting the best price. The regulator, William Galvin, the secretary of the Commonwealth of Massachusetts, has sent inquiry letters to affiliates of Charles Schwab Corp, TD Ameritrade Holdings Corp, Fidelity Investments, E-Trade Financial Corp, Edward Jones and Morgan Stanley.

    Tue, 15 Aug 2017 16:06:26 -0400
  • House tax chairman confident on reform, others less so

    Golocal247.com news

    By Susan Heavey and David Morgan WASHINGTON (Reuters) - The top tax law writer in the U.S. House of Representatives insisted on Tuesday that tax reform will happen this year, despite concerns among some experts that a tax code overhaul could drag into 2018, or even collapse altogether. President Donald Trump is still seeking his first major legislative achievement and has focused on tax reform. In Congress, as they did for their failed push to dismantle Obamacare, Republicans are ramping up a nationwide publicity campaign in favor of tax law changes without first deciding on exactly what changes they want to make.

    Tue, 15 Aug 2017 15:49:56 -0400
  • Ex-South Carolina trooper sent to prison for shooting unarmed black motorist

    A former South Carolina state trooper will serve a total of five years behind bars for shooting and injuring an unarmed black driver during a 2014 traffic stop, an incident that added to the debate roiling the country over the treatment of black men by law enforcement officers. Sean Groubert, who is white, shot motorist Levar Jones after stopping him in Richland County for not wearing a seat belt. Circuit Court Judge Casey Manning on Tuesday sentenced Groubert to 12 years' incarceration but suspended the prison time to five years and gave him credit for the 17 months he has served in jail after pleading guilty.

    Tue, 15 Aug 2017 15:45:24 -0400
  • End of U.S. payments to health insurers would cause premiums to rise: CBO

    Golocal247.com news

    By Yasmeen Abutaleb WASHINGTON (Reuters) - Health insurance premiums for many customers on the Obamacare individual insurance markets would be 20 percent higher in 2018 if U.S. President Donald Trump follows through on a threat to stop billions of dollars of payments to health insurers, a nonpartisan congressional office said on Tuesday. The Congressional Budget Office also found that terminating the payments would mean that 5 percent of Americans would live in areas that do not have an insurer in the individual market in 2018. The CBO's assessment echoes concerns raised by insurers over the past several months, who have said that terminating the payments would cause premiums to rise.

    Tue, 15 Aug 2017 15:28:11 -0400
  • Former Miss America launches bid for Illinois attorney general

    Golocal247.com news

    A former Miss America and Harvard Law School graduate said on Tuesday she would seek the Republican nomination in Illinois' attorney general race next year. Erika Harold is running to unseat Illinois Attorney General Lisa Madigan, a Democrat who has been in office since 2003 and has indicated she plans to seek reelection. Harold ran unsuccessfully in the Republican primary for Illinois' 13th Congressional District in 2014.

    Tue, 15 Aug 2017 15:20:06 -0400
  • Lawsuit over false online data revived after U.S. top court review

    Golocal247.com news

    By Jonathan Stempel NEW YORK (Reuters) - A federal appeals court on Tuesday revived a California man's lawsuit accusing Spokeo Inc of publishing an online profile about him that was filled with mistakes. The 9th U.S. Circuit Court of Appeals ruled 3-0 in favor of Thomas Robins, 15 months after the U.S. Supreme Court asked it to more closely assess whether he suffered the "concrete and particularized" injury needed to justify a lawsuit. Spokeo sells data aggregated from various databases to users including employers and people seeking romantic partners.

    Tue, 15 Aug 2017 14:53:21 -0400
  • Trade groups call on U.S. to investigate CSX rail disruptions

    Golocal247.com news

    The letter, from the Rail Customer Coalition sent on Monday, is the latest challenge to CSX Chief Executive Hunter Harrison's effort to ramp up productivity at the Jacksonville, Florida-based railroad and fulfill investor expectations for substantially better financial performance. The 44 trade groups, representing chemical and agricultural companies, steel and auto makers, and beer producers and importers, among other companies, told U.S. lawmakers on House and Senate Transportation committees "chronic service failures" could degrade the nation's broader rail network.

    Tue, 15 Aug 2017 13:02:30 -0400
  • Trump blasts CEOs who quit advisory panels as 'grandstanders'

    Golocal247.com news

    WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday dismissed company executives who have resigned from one of his presidential advisory committees in reaction to his response following weekend violence in Charlottesville, Virginia. "For every CEO that drops out of the Manufacturing Council, I have many to take their place. Grandstanders should not have gone on. JOBS!" Trump wrote on Twitter after the chief executives of Merck & Co Inc, Under Armour Inc and Intel Corp left his Presidential Manufacturing Council. (Reporting by Susan Heavey and Tim Ahmann)

    Tue, 15 Aug 2017 12:08:53 -0400
  • South Carolina sues OxyContin maker Purdue over opioid marketing

    Golocal247.com news

    South Carolina sued Purdue Pharma LP on Tuesday, becoming the latest state or local government to accuse the OxyContin maker of deceptive marketing practices that have contributed to a national opioid addiction epidemic. The lawsuit by South Carolina Attorney General Alan Wilson, filed in Richland County Court of Common Pleas in Columbia, accuses the company of the unfair and deceptive marketing of opioid painkillers.

    Tue, 15 Aug 2017 11:47:26 -0400
  • Factbox: Trump on Twitter (August 15) - Luther Strange, Manufacturing Council

    The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS. The opinions expressed are his own. Reuters has not edited the statements or confirmed their accuracy. @realDonaldTrump : - Senator Luther Strange, who is doing a great job for the people of Alabama, will be on @foxandfriends at 7:15. Tough on crime, borders etc. [0630 EDT] - Big day in Alabama. Vote for Luther Strange, he will be great! [0808 EDT] - For every CEO that drops out of the Manufacturing Council, I have many to take their place. ...

    Tue, 15 Aug 2017 11:44:33 -0400
  • Tech companies urge Supreme Court to boost cellphone privacy

    Golocal247.com news

    By Andrew Chung WASHINGTON (Reuters) - More than a dozen high technology companies and the biggest wireless operator in the United States, Verizon Communications Inc , have called on the U.S. Supreme Court to make it harder for government officials to access individuals' sensitive cellphone data. The companies filed a 44-page brief with the court on Monday night in a high-profile dispute over whether police should have to get a warrant before obtaining data that could reveal a cellphone user's whereabouts. Signed by some of Silicon Valley's biggest names, including Apple , Facebook , Twitter , Snap and Alphabet's Google, the brief said that as individuals' data is increasingly collected through digital devices, greater privacy protections are needed under the law.

    Tue, 15 Aug 2017 11:13:45 -0400
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