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Politics

Biden to bring up Russian hackers issue with Putin

Published by AFP Washington (AFP) – President Joe Biden said Thursday that Vladimir Putin was not connected to a Russia-based criminal cyber attack on a huge US fuel pipeline but that he will raise the issue at an expected summit. Washington believes a criminal group based in Russia targeted the Colonial pipeline, which delivers gasoline […]Read More

Politics

Former British prime minister defends lobbying for finance firm

Published by DPA Former British prime minister David Cameron has defended his lobbying of government ministers for his previous employer, financial services firm Greensill, for access to government-backed coronavirus loans. Cameron appeared in front of a special finance committee, part of British parliament, on Thursday where he gave evidence during an inquiry into the demise […]Read More

Finance

Foreign Buyers Shun Ugly, Tailing 30Y Auction

Foreign Buyers Shun Ugly, Tailing 30Y Auction In stark contrast to yesterday’s stellar 10Y auction, moments ago the Treasury concluded its refunding issuance when it sold $27BN in 30Y paper in an ugly, tailing auction that was disappointing in every category. The High Yield of 2.395% was the highest since November 2019, and tailed the […]Read More

Politics

Conflict, fuel crisis, jobs gloom — Biden’s bad week

Published by AFP Washington (AFP) – Fighting in the Middle East, a fuel shortage in the United States, a sputtering economic recovery, and one person taking flak for it all: Joe Biden. This was the week where at times it seemed fate had turned against a so far lucky president. The White House is putting […]Read More

Finance

Trailer Maker Utility Targeted In Ransomware Attack

Trailer Maker Utility Targeted In Ransomware Attack By Nate Tabak of FreightWaves Utility Trailer Manufacturing, one of the largest U.S. producers of trailers for the trucking industry, was targeted in an apparent ransomware attack that exposed personal information of numerous employees.  The California-based company told FreightWaves that it had “suffered a cyber event” that disrupted […]Read More

Politics

McDonald’s lifts wages at US restaurants

Published by AFP New York (AFP) – McDonald’s said Thursday it will raise wages at US company-owned restaurants and hire an additional 10,000 workers, the latest corporate response to a labor crunch as the economic reopening accelerates. Employers nationwide have reported trouble filling open positions as Covid-19 restrictions are eased, allowing businesses to resume operations, […]Read More

Politics

Rep. Marjorie Taylor Greene berates NY Rep. Alexandria Ocasio-Cortez on

Published by New York Daily News Georgia Rep. Marjorie Taylor Greene confronted New York Rep. Alexandria Ocasio-Cortez on the House floor and reportedly berated her for supporting “terrorists” — prompting AOC’s staff to call for better security in Congress. The Wednesday confrontation, first reported by the Washington Post, began when Greene tried to get the […]Read More

Finance

Outrage After Mob 'Lynching Of Arab' Aired Live On Israeli

Outrage After Mob ‘Lynching Of Arab’ Aired Live On Israeli TV Shocking footage emerged from Wednesday night’s widespread rioting in mixed Jewish-Arab cities in Israel amid broader Israel-Gaza fighitng. Israel state broadcaster Kan was covering unrest in Bat Yam, just south of Tel-Aviv, where Israeli rioters had taken over the streets. During the live broadcast, Kan’s camera crew […]Read More