Tesla Chief Executive Officer Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. The Securities and Exchange Commission announced the settlement Saturday, two…
read moreCanadian Foreign Affairs Minister Chrystia Freeland postponed her U.N. speech Saturday as free-trade talks between the U.S. and Canada intensified. Freeland had been scheduled to deliver Canada’s address to the General Assembly in New York, but Canada exchanged the slot with another country. Freeland may or may not give the speech on Monday. A senior…
read moreAmid a new investigation of his Supreme Court nominee, U.S. President Donald Trump maintained his support for Judge Brett Kavanaugh on Saturday, saying that “hopefully, at the conclusion, everything will be fine.” Trump, speaking to reporters on the White House South Lawn prior to his departure for a political rally in nearby West Virginia, noted that…
read moreThe FBI has launched a new investigation of Supreme Court nominee Brett Kavanaugh. President Donald Trump ordered the investigation at the request of the Senate Judiciary Committee. Trump posted on Twitter Friday night: Trump said in a statement the updated investigation, which follows sexual misconduct allegations, “must be limited in scope” and “completed in less…
read moreAccording to the latest report by the Committee to Protect Journalists in Pakistan, fatal violence against journalists has declined, but fear and self-censorship have grown. In this era, five Pakistani American students at Harvard University have created a startup that challenges censorship using the latest block-chain technology. Their mission is “making journalism truly free.” Saqib…
read moreThe trial of Paul Manafort, President Donald Trump’s former campaign chairman, is sending shockwaves across the multibillion dollar lobbying industry in Washington. Many lobbyists in Washington fear his guilty verdict on bank and fraud charges and his guilty plea on obstruction charges will make lobbying a much more risky business. Daria Dieguts has the story.…
read moreThe nation was riveted but divided by dramatic testimony from Christine Blasey Ford, the university professor accusing Supreme Court nominee Brett Kavanaugh of sexual assault when they were teenagers living in the DC area. The emotional debate could be a turning point in America’s cultural and political discussions, galvanizing the MeToo movement and mobilizing voters…
read morePresident Donald Trump’s Supreme Court nominee, Brett Kavanaugh, moved a step closer to confirmation Friday when he won a party-line endorsement from the Republican-led Senate Judiciary Committee. But uncertainty was introduced when a Republican senator insisted on a delay in the final Senate vote on Kavanaugh until the FBI can investigate an allegation of sexual…
read moreU.S. consumer spending increased steadily in August, supporting expectations of solid economic growth in the third quarter, while a measure of underlying inflation remained at the Federal Reserve’s 2 percent target for a fourth straight month. Economists said Friday’s report from the Commerce Department should allay fears of the economy overheating and likely keeps the…
read moreGoogle Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that the company is biased against conservatives, a senior Republican said Friday. Republicans want to question Google, the search engine of Alphabet Inc, about whether its search algorithms are influenced by human bias. They…
read moreTesla without Elon Musk at the wheel? To many of the electric car maker’s customers and investors, that would be unthinkable. But that’s what government securities regulators now want to see. The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla’s chairman and chief executive officer, alleging he committed securities…
read moreFacebook says it has discovered a security breach affecting about 50 million user accounts which could have allowed hackers to access those accounts. The social media giant said Friday it has taken steps to fix the security problem and alerted law enforcement. The company said hackers exploited the “View As” feature, which lets…
read moreThe security breach Facebook announced Friday that affected 50 million users was a setback for the social media giant, which has been working for months to regain customers’ trust over how it handles their data. In addition to the 50 million users whose log-on information could have been accessed by hackers, the company required as…
read moreVOA contributor Greta Van Susteren talks with Brad Smith, Microsoft’s President and Chief Legal Officer about the tech giant’s new Artificial Intelligence program. …
read moreItaly’s stock market fell sharply Friday after the new populist, euroskeptic government announced a sharp public spending increase that will push the budget deficit to 2.4 percent of gross domestic product next year, risking a collision with the European Union. The benchmark FTSE MIB dropped 2.2 percent early Friday, hours after the government announced its…
read moreSupreme Court nominee Brett Kavanaugh misrepresented the record when he stated that three witnesses have refuted Christine Blasey Ford’s allegation that he sexually assaulted her at a party more than 30 years ago. The three swore they had no recollection of the party, providing no support for Ford’s accusations laid out to the Senate Judiciary…
read moreThe Senate Judiciary Committee is scheduled to vote Friday morning on the nomination of Brett Kavanaugh to the Supreme Court, following a day of dramatic testimony by the appellate judge and Christine Blasey Ford, the woman who has accused him of sexual assault. The 11 Republicans and 10 Democrats on the committee will decide whether…
read moreWomen demonstrated on Capitol Hill Thursday while the Senate Judiciary Committee listened to testimonies by Supreme Court nominee Brett Kavanaugh and the woman who accused him of a sexual assault 36 years ago. Many women came out in support of professor Christine Blasey Ford. But Kavanaugh has supporters among women, as well. The case reminds…
read morePuerto Rico Gov. Ricardo Rossello flew to New York this week on a mission: convince potential tourists that the hurricane-ravaged island was ready for their return. But Puerto Rico’s recovery from last year’s Hurricane Maria has been a “mixed bag,” Rossello told Reuters on Thursday, acknowledging that the bankrupt U.S. territory, while improving, was far from out of the woods. Puerto…
read moreU.S. securities regulators on Thursday accused Tesla Inc. Chief Executive Elon Musk of fraud and sought to ban him as an officer of a public company, saying he made a series of “false and misleading” tweets about potentially taking the electric car company private last month. Musk, 47, is one of the highest-profile tech executives to be accused of fraud…
read moreA U.S. House of Representatives committee will vote on Friday on whether to release dozens of transcripts of interviews from its investigation of Russia and the 2016 U.S. election, including conversations with senior associates of President Donald Trump. The House Intelligence Committee is expected to agree to send transcripts of the 53 interviews to the…
read moreU.S. President Donald Trump has postponed a highly anticipated meeting to discuss the tenure of Deputy Attorney General Rod Rosenstein. The president, who is reportedly considering firing the man who oversees the special investigation into Russia’s interference in the 2016 presidential election, will meet with him next week. White House Press Secretary Sarah Sanders said…
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