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Panasonic to pay $280M to settle federal corruption probe
Technology
Published in 1-5-2018
    600 Visits
LAKE FOREST, Calif. (AP) Panasonic Corp. will pay about $280 million to resolve federal charges that executives at its in-flight entertainment unit improperly hid payments to consultants overseas in violation of anti-corruption rules, officials announced Monday. The Japanese electronics giant's parent company will pay $143 million to the Securities and Exchange Commission, while its Southern ...>>
Reference: www.chron.com
WhatsApp CEO Jan Koum to leave Facebook amid privacy flap
Technology
Published in 1-5-2018
    568 Visits
SAN FRANCISCO (AP) WhatsApp CEO Jan Koum is breaking ties with his company's parent, Facebook, amid a privacy scandal that has dogged the social network for weeks. Koum confirmed his departure from WhatsApp Monday on his Facebook page . The Washington Post reported that Koum also plans to resign from Facebook's board of directors. Facebook wouldn't comment on that report. Facebook ...>>
Reference: www.chron.com
VA hospital investigating after tweets of 'unsanitary' room
Technology
Published in 1-5-2018
    456 Visits
SALT LAKE CITY (AP) A Veterans Affairs clinic in Salt Lake City is investigating why an Army veteran was put in a room with an overflowing trash can and medical supplies strewn about after the man's father tweeted images of the unclean space. Stephen Wilson, the father of Christopher Wilson who spent six years in the Army and was deployed to Iraq twice, posted the photos to Twitter on Friday ...>>
Reference: www.chron.com
Report: Baylor officials did nothing after being notified of assaults
Technology
Published in 1-5-2018
    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
Treasury chief says IRS to ban hedge fund tax dodge
Business
Published in 1-5-2018
    649 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
Business
Published in 1-5-2018
    392 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
Business
Published in 1-5-2018
    49 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
Business
Published in 1-5-2018
    383 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
Business
Published in 1-5-2018
    898 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
Treasury chief says IRS to ban hedge fund tax dodge
Economy
Published in 1-5-2018
    446 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
Economy
Published in 1-5-2018
    78 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
Economy
Published in 1-5-2018
    394 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
Economy
Published in 1-5-2018
    303 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
Economy
Published in 1-5-2018
    838 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
Driver slumped over steering wheel before fatal crash in Garden Oaks
Energy
Published in 24-4-2018
    167 Visits

A driver was slumped over the steering wheel, unresponsive, before crashing his pickup truck Tuesday near the intersection of Pinemont and T.C. Jester, police said.

Reference: www.chron.com


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