News 

Senate should drop investigation into rape allegation against Joe Fain | Editorial

“Senate Majority Leader Sharon Nelson, D-Maury Island, suggested on Nov. 8 that the Senate would re-evaluate the need for the investigation should Fain lose” writes The Seattle Times for seattletimes.com. Yet Nelson’s successor, the newly elected Senate Majority Leader Andy Billig, now says the Senate’s investigation will continue anyway. Source: seattletimes.com Share This:

Read More
News 

Accountancy watchdog to probe Grant Thornton over Patisserie Valerie audits

“The Financial Reporting Council (FRC) has launched an investigation into Grant Thornton’s audit of Patisserie Valerie, and will also probe the cake chain’s former finance chief Chris Marsh” writes Ashley Armstrong for telegraph.co.uk. The accountancy watchdog said on Wednesday that the investigation would examine audits of parent firm Patisserie Holdings for the years ended Sept 30 2015, 2016 and 2017.The FRC has also commenced an investigation under the accountancy scheme into the preparation and approval of Patisserie Holdings’ financial statements and other financial information by the former finance chief Chris Marsh. Source:…

Read More
News 

China has failed to alter ‘unfair, unreasonable’ trade practices, says US trade representative

“The Trump administration on Tuesday said that China has failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high-stakes meeting later this month between U.S. President Donald Trump and Chinese President Xi Jinping” writes unknown author for cnbc.com. The findings were issued in an update of the U.S. Trade Representative’s “Section 301” investigation into China’s intellectual property and technology transfer policies, which sparked U.S. tariffs on $50 billion worth of Chinese goods that later ballooned to $250 billion. “This…

Read More
Crypto Markets News 

Report: US Officials Are Probing Tether Role in Bitcoin Market Manipulation

“The U.S. Department of Justice (DOJ) is increasingly focusing a months-long investigation into crypto market manipulation on the tether stablecoin, a report says” reports coindesk.com. The two found that even a small amount of tether used to buy bitcoin would help prop up the world’s oldest cryptocurrency’s price.Citing individuals familiar with the probe, Bloomberg reported Tuesday that the DOJ is looking into whether crypto exchange Bitfinex and Tether Ltd. have pushed bitcoin’s price up using the stablecoin. Source: coindesk.com Share This:

Read More
News 

Agrokor founder freed on bail as fraud investigation continues

“ZAGREB (Reuters) – The founder of beleaguered Croatian food producer and retailer Agrokor will be freed from jail after making a 7.5 million kuna ($1.15 million) bail payment, his lawyers said on Tuesday” writes Midwest Communications Inc for 95kqds.com. Together with 14 other people, mostly former top managers in Agrokor, Todoric is under investigation for his role in the debt and liquidity crisis at the company, which amounted to several billion euros. In a debt settlement deal confirmed last month Agrokor, which is the largest employer in the Balkans, was…

Read More
News 

Black Friday ‘deals’ at John Lewis and Amazon are cheaper at other times in the year, Which? investigation finds

“Black Friday “deals” are available at a cheaper price during other times of the year, a study by Which? has revealed” writes Tim Stanley for telegraph.co.uk. The questionable deals investigated by Which? include a 60 inch TV, which Amazon advertised as £799 on Black Friday but was £50 cheaper on at least 62 occasions afterwards.Which? tracked product prices at leading retailers including Currys PC World, Amazon, John Lewis and Argos, finding that almost half of products on offer were sold for less in the six months following Black Friday.It is widely regarded…

Read More
News 

Democrats file lawsuit against Trump over Whitaker, accuse president of violating Constitution

“Several top Democratic senators on Monday filed a lawsuit against President Donald Trump in a federal court in Washington, DC, over the appointment of acting Attorney General Matthew Whitaker” writes John Haltiwanger for businessinsider.com. Before Trump elevated him to the position of acting attorney general, Whitaker was the chief of staff for Attorney General Jeff Sessions, a position that does not require the advice and consent of the Senate.Whitaker has publicly criticized the scope of the investigation, which Trump frequently refers to as a “witch hunt.”. Trump’s appointment of Whitaker…

Read More
News 

Nissan tumbles amid Chairman Carlos Ghosn’s arrest, planned ouster

“This is an act that cannot be tolerated by the company,” Saikawa said at a news conference” reports washingtonexaminer.com. Throughout the conference, Saikawa repeatedly said he was constrained by the ongoing investigation from disclosing many of the details of the case.”Nissan deeply apologizes for causing great concern to our shareholders and stakeholders,” the company said in its statement. Source: washingtonexaminer.com Share This:

Read More
News 

Trump says he wouldn’t stop Whitaker from curtailing Mueller inquiry; mocks incoming House Intelligence Committee chairman

“However, Mueller, unlike the attorney general, is not a Cabinet-level official; he was appointed by Deputy Attorney General Rod J. Rosenstein, and his role does not require Senate confirmation” writes November At Pm for washingtonpost.com. Trump said in Sunday’s interview that he “did not know [Whitaker] took views on the Mueller investigation as such” before he appointed him.President Trump said he would not overrule his acting attorney general, Matthew G. Whitaker, if he decided to curtail the special counsel investigation being led by Robert S. Mueller III of Russian interference…

Read More