Author: Admin

Bloomberg

Wells Fargo & Co. Chief Executive Officer John Stumpf, fighting to keep his job amid a national political furor, will forgo more than $41 million of stock and salary as the bank’s board investigates how employees opened legions of bogus accounts for customers.

It’s a swift turn for one of the industry’s most exalted leaders, marking the biggest forfeiture of compensation from a major U.S. bank chief since at least the 2008 financial crisis. But it may not be enough to spare Stumpf another lashing when he returns to Capitol Hill on Thursday. Last week, Senator Elizabeth Warren demanded he resign for “gutless leadership” after he blamed abuses on low-wage employees.   Continue reading “Wells Fargo’s CEO Forfeits $41 Million in Fight to Keep Job”

NBC News

The Department of Defense is poised to dispatch 600 more U.S. troops to Iraq to help government forces oust ISIS from the city of Mosul, officials said Wednesday.

The Pentagon is expected to make the official announcement Wednesday afternoon.

The soldiers will provide logistics support for the Iraqi forces and not spearhead the attack, U.S. officials said. The troops, who will deploy in the coming weeks, will be logistics support, enablers and advisers.   Continue reading “U.S. Officials: 600 More Troops Heading To Iraq”

USA Today

WASHINGTON — The Senate voted overwhelmingly on Wednesday to override President Obama’s veto of legislation allowing lawsuits against foreign sponsors of terrorism, setting up an almost certain and historic defeat for the White House on the bill.

The House is expected to follow suit within hours, making it the first veto of Obama’s presidency that has been overturned by Congress.    Continue reading “Senate overwhelmingly votes to override Obama veto on 9/11 bill”

Patch – by Colin Miner

For nearly thirty minutes, two FBI agents showed off guns that had been seized from the Malheur National Wildlife Refuge after the 41-day armed occupation was over. When the FBI agents were done with the 44 weapons and thousands of rounds of ammunition, the prosecution rested.

The case against Ammon Bundy, his brother Ryan and five others on charges stemming from the takeover of the refuge goes to the defense on Wednesday   Continue reading “Oregon Standoff Trial Day 10: The Prosecution Rests”

Yahoo News

In the four-dimensional chessboard on which the politics of gun control plays out, anything can happen — and for a brief moment in Monday night’s presidential debate, it did, as Donald Trump and Hillary Clinton found themselves in agreement on at least one small aspect of it.

At issue was a ban on gun sales to people on the government’s terror watch lists, a move which has taken on huge symbolic importance since Sen. Chris Murphy, D-Conn., began pushing for it earlier this year in the wake of the deadly attack on an Orlando nightclub. Murphy made the hyperbolic but politically effective charge that Republicans who oppose the measure “want to sell weapons to ISIS.”   Continue reading “The surprising agreement between Trump and Clinton on gun control”

The Globe and Mail

TransCanada Corp. is offering about $848-million (U.S.) cash to buy all the equity in Columbia Pipeline Partners LP that it doesn’t already own – strengthening its grip on a pipeline network that stretches from New York to the Gulf of Mexico.

The Calgary-based company’s offer to other investors in the Houston-based limited partnership follows TransCanada’s purchase of the Columbia Pipeline Group. That deal was valued at $13-billion, including $2.8-billion in debt.   Continue reading “TransCanada bids $848-million to buy rest of Columbia Pipeline Partners”

The Hill

The IRS announced Monday that it plans to start a new private debt-collection program in the spring.

The program was authorized by a transportation funding law enacted last December. Contractors will work on the government’s behalf to collect debts from taxpayers who owe money but whose accounts are no longer being worked on directly by the IRS.   Continue reading “IRS set to use private debt collectors”

RT

The suspect in a Houston, Texas spree shooting has been killed, police said. At least six people sustained injuries. The scene is now “contained,” but residents have been asked to avoid the area.

The Houston Police Department has confirmed “an active shooter situation in a shopping center near the corner of Weslayan and Bissonnet in southwest Houston.”   Continue reading “Houston shooting suspect is dead – police”

Fox News

MEXICO CITY (AP) –  Mexican immigration authorities said Saturday they have been hit by a surge of almost 5,000 Haitian, African and Asian migrants entering by the southern border in just a few days.

Recent experience suggests the 4,749 migrants entering through Mexico’s Tapachula immigration center on the Guatemalan border will soon try to reach the California border, with many expected to apply for asylum.   Continue reading “Mexico hit by surge of 5K Haitian, African and Asian migrants on their way to the U.S.”

Washington Post – by Anne Gearan and Sean Sullivan

Republican Donald Trump and Democrat Hillary Clinton will meet with Israeli Prime Minister Benjamin Netanyahu ahead of their first presidential debate, a senior Israeli official and both campaigns said Saturday.

The Israeli prime minister’s office did not provide further details, including whether the meetings were at Netanyahu’s invitation. The separate meetings Sunday in New York will follow Netanyahu’s annual visit to the United Nations General Assembly. The prime minister met with President Obama earlier in the week on the sidelines of the gathering of leaders.   Continue reading “Trump, Clinton to meet with Netanyahu on eve of first debate”

ABC News

The FBI released nearly 200 more pages of documents late today from its investigation into Hillary Clinton‘s use of a private email server, offering further insight into how FBI officials decided that charges were not warranted for the former secretary of state and her aides.

FBI Director James Comey has said repeatedly that while his agency’s investigation found no evidence to indicate Clinton knew classified information was being sent over her home server, the FBI did conclude that Clinton was “extremely careless” in the handling of classified information.   Continue reading “FBI Releases 189 More Pages of Hillary Clinton Email Probe Documents”

Reuters

Two former Wells Fargo & Co (WFC.N) employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired.

The lawsuit on behalf of people who worked for Wells Fargo in California over the past 10 years, including current employees, focuses on those who followed the rules and were penalized for not meeting sales quotas.   Continue reading “Former employees file class action against Wells Fargo”

Reuters

President Barack Obama on Friday vetoed legislation allowing families of victims of the Sept. 11 attacks to sue Saudi Arabia, which could prompt Congress to overturn his decision with a rare veto override, the first of his presidency.

Obama said the Justice Against Sponsors of Terrorism Act would hurt U.S. national security and harm important alliances, while shifting crucial terrorism-related issues from policy officials into the hands of the courts.   Continue reading “Obama vetoes Sept. 11 Saudi bill, sets up showdown with Congress”

Washington Post – by David Nakamura

The Obama administration’s efforts to stem the flow of Central American migrants illegally crossing into the United States have largely failed two years after a border crisis prompted President Obama to order an emergency response.

The number of families and unaccompanied minors arriving in 2016 is on pace to exceed the total in 2014, when U.S. Border Patrol stations were overwhelmed along the Rio Grande Valley in Texas. They are coming primarily from Guatemala, Honduras and El Salvador, an area sometimes called the Northern Triangle.   Continue reading “Flow of Central Americans to U.S. surging, expected to exceed 2014 numbers”

Yahoo News

WASHINGTON (AP) — Hillary Clinton’s former chief of staff, Cheryl Mills, and two other staff members were granted immunity deals in exchange for their cooperation in the now-closed FBI investigation into Clinton’s use of a private email server as secretary of state, says a Republican congressman.

Rep. Jason Chaffetz, chairman of the House Oversight and Government Reform Committee, told The Associated Press on Friday that Mills gave federal investigators access to her laptop on the condition that what they found couldn’t be used against her.   Continue reading “GOP lawmaker: FBI gave immunity to top Clinton aide”

Hamodia – by Yisrael Price

YERUSHALAYIM – In a speech that mixed scorn, defiance and a surprising optimism, Israeli Prime Minister Binyamin Netanyahu told the United Nations General Assembly on Thursday that the U.N. has become a “moral farce” but that the situation is rapidly changing for the better.

“The U.N. began as a moral force, and has become a moral farce,” Netanyahu said, citing the “obsession” with criticizing and condemning Israel at the international body. He noted that the U.N. passed 20 resolutions against Israel, and three against “the rest of the countries on the planet.”   Continue reading “Netanyahu Predicts Bright Future for Israel at U.N.”

ABC News

A Southern California elementary school student has been found to have leprosy, public health officials said Thursday, though they emphasize that the student’s school and community remain safe.

Two children from Indian Hills Elementary School in Jurupa Valley had initially been diagnosed by a local doctor with the condition known medically as Hansen’s disease, Riverside County health officials said. But this week they received results from the National Hansen’s Disease Laboratory Research Program in Baton Rouge, Louisiana, and they showed that only one of the children had tested positive.   Continue reading “Southern California Child Tests Positive for Leprosy”