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Law student learned she cheated death on the subway by reading the Post

“Rikke miraculously landed between the deadly third rail and the platform wall and survived, an amazing moment caught by a Post shutterbug” reports nypost.com. The law student who fainted and fell into the path of an oncoming subway train earlier this month didn’t remember a thing about the incident — so her family had to show her the Post front page of herself trapped against the platform wall to help explain it. “It was good for her to see her on the cover of the New York Post because she…

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Schools take steps to improve literacy, avoid retaining struggling readers

“The third-grade reading law says special education students can be exempt from being held back because they already have Individualized Education Plans” writes Lslagter Mlive Com for mlive.com. Ypsilanti’s Holmes Elementary School Principal Aaron Rose said the third-grade reading law requirements have formalized what good teachers already were doing in their classrooms. Source: mlive.com Share This:

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Trump signs bill renewing NSA’s internet surveillance program

“Privacy advocates say it allows the NSA and other intelligence agencies to grab data belonging to Americans in a way that represents an affront to the U.S. Constitution” writes Min Read for reuters.com. Without Trump’s signature, Section 702 had been set to expire on Friday, though intelligence officials had said the surveillance program could continue to operate until April.The White House, U.S. intelligence agencies and congressional Republican leaders have said the program is indispensable to national security, vital to protecting U.S. allies and needs little or no revision.WASHINGTON (Reuters) –…

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Tech giants and elected officials back Microsoft in Supreme Court case on international data privacy

“The outcome could set a precedent for warrants aiming to access data stored by U.S. tech companies overseas” writes Nat Levy for geekwire.com. The case centers around email from a Microsoft customer stored in the company’s Ireland data center.Law enforcement officers weren’t traveling to Ireland to physically confiscate evidence, so the location of the evidence was not relevant, those rulings concluded.The dispute arose from a 2013 drug-trafficking investigation and deals with the question of whether law enforcement can gain access to a foreign user’s data stored by a U.S. company in a…

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10,000 Californians barred from owning guns are still armed. This law aims to change that

“A change in state law on Jan. 1 is expected to help the state put a big dent in the backlog” writes Patrick Mcgreevy for latimes.com. The new law will not eliminate the backlog, but DOJ and elected officials hope it will reduce it significantly.The Armed and Prohibited Persons System identifies those who legally purchased guns but were later convicted of a felony or otherwise disqualified from holding firearms.The backlog problem has been made worse by a 2014 law change that added owners of long guns to the Armed and…

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California attorney general threatens legal action if employers assist federal immigration raids

“California Attorney General Xavier Becerra warned businesses on Thursday to keep quiet when talking to federal immigration authorities or face legal ramifications” writes Katie Leach for washingtonexaminer.com. In response to the controversial law, Immigration and Customs Enforcement Director Thomas Homan told Californians to “hold on tight” while vowing to “protect their communities.”. Under the new law, which seeks to prevent workers from being detained at their workplaces, businesses could face up to a $10,000 fine if they share information on their employees with federal authorities or grant them access to…

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American Express posts $1.2 billion loss due to new tax law

“Credit card company American Express posted a $1.2 billion loss in its latest quarter after booking large one-time charges related to the new tax law” reports foxbusiness.com. American Express gave a full-year 2018 forecast of $6.90 to $7.30 a share, excluding the impact of the tax law.Like other banks, American Express had to take significant one-time charges against its results to comply with the new tax law that was enacted in December.The company had $2.6 billion in charges, mostly tied to profits American Express had earned abroad and was now…

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Tax law gives unexpected break to farmers who sell to co-ops

“Farmers who do sell to regular companies may be able to command higher prices to help make up for the lower tax break” reports foxbusiness.com. Key senators and farm groups are trying to fix a provision in the federal tax overhaul that gave an unexpected tax break to farmers who sell their crops to cooperatives rather than regular companies.The difference is big enough that farmers who sell to co-ops could entirely eliminate their tax bills. Source: foxbusiness.com Share This:

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Tax law saves Verizon $17 bln in deferred taxes

“Because deferred tax liabilities are taxes payable in the future, the tax law’s reduction in the corporate tax rate to 21% from the previous 35% reduces those liabilities, leading to a gain” writes Ryan Knutson for marketwatch.com. Most of Verizon’s deferred tax liabilities came from buying airwaves licenses and investing in network infrastructure, a company spokesman said.Reducing the corporate income-tax rate will slash Verizon’s $48.3 billion deferred tax liabilities by $16.8 billion, the company said in a securities filing Wednesday.In other words, deferred taxes aren’t something Verizon was planning to…

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