NEW YORK (AP) — Civil rights lawyers and Democratic senators are pushing for legislation that would limit U.S. law enforcement agencies’ ability to buy cellphone tracking tools to follow people’s whereabouts, including back years in time, and sometimes without a search warrant. Concerns about police use of the tool known as “Fog Reveal” raised in an investigation by The Associated Press published earlier this month also surfaced in a Federal Trade Commission hearing three weeks ago. Police agenc
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The company has also been facing tough competition from Microsoft Corp, Citrix Systems and International Business Machines in the security software segment, with revenue in the unit falling 7.5% to $111 million from a year ago. The company said in an earnings call that cybersecurity segment revenue in the third quarter is expected to be flat year-on-year. However, revenue at the company's Internet of things (IoT) unit, which includes the QNX software for automotive customers, rose about 28% to $51 million as it signed up more customers.
(Reuters) -U.S. regulators on Tuesday fined 16 financial firms, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley and UBS, a combined $1.8 billion after staff discussed deals and trades on their personal devices and apps. The sweeping industry probe, first reported by Reuters last year and subsequently disclosed by multiple lenders, is a landmark case for the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), marking one their largest collective resolutions.
Starbucks plans to start negotiating its first labor contracts with employees at hundreds of unionized U.S. cafes in October, the coffee chain said on Monday. When it does, those workers are likely to ask for a key job protection: to only be fired for just cause, according to barista and union spokesperson Casey Moore. Baristas and shift supervisors in at least 240 company-owned U.S. Starbucks Corp locations have unionized in a little over a year.
Royal Bank of Canada ("RBC") today announced that it had completed the acquisition of Brewin Dolphin Holdings PLC ("Brewin Dolphin"), a multi-award-winning wealth management firm. Brewin Dolphin will now operate as 'RBC Brewin Dolphin', as part of RBC, and will continue to be led by CEO, Robin Beer.
Recent profit warnings from bellwether companies like Ford Motor Co, may signal more challenges ahead for corporate America, increasing wariness for investors as the stock market deepens its sell-off. The U.S. Federal Reserve raised interest rates by three-quarters of a percentage point for a third straight time on Wednesday in its fight to combat inflation, and some analysts think the aggressive hikes could tip the economy into recession. Ford Motor warned last Monday that inflation-related supplier costs will run about $1 billion higher than expected in the current quarter, while FedEx Corp outlined on Thursday cost cuts of up to $2.7 billion after falling demand hammered first-quarter profits.
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Les Femmes Michif Otipemisiwak / Women of the Métis Nation proudly celebrates Gender Equality Week and would like to take the time to highlight especially the roles and contributions of Métis women and gender diverse folks across Canada.
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LONDON (Reuters) -Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market volatility thrown up by finance minister Kwasi Kwarteng's mini-budget last week. Brokers said the moves were likely just the start of a big shift in Britain's mortgage market. The country's largest mortgage lender Halifax said it was withdrawing its fee-paying mortgage products - where borrowers could pay an arrangement fee in exchange for a lower interest rate - and moving to a full fee-free range.
Can you invest in your retirement goals even in this volatile market? The answer is yes, and an investment amount as low as $5 can get you there! The post How to Turn $5 Into $50,000 for Retirement appeared first on The Motley Fool Canada.
WASHINGTON (AP) — President Joe Biden announced a new initiative Monday that would eventually allow consumers to see a more complete price on airline tickets — including baggage and change fees — before they buy, as the White House continues to search for ways to lower costs for Americans amid persistently high inflation. The White House says the proposed rule from the Transportation Department will prevent airlines from hiding the “true cost” of airline tickets, which would help consumers save
Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) today confirmed a large-scale discovery at its Reid property, and positive drilling results at other regional targets as a result of its ongoing regional exploration drilling campaign.
TOKYO/SEOUL (Reuters) -U.S. Vice President Kamala Harris told South Korea's prime minister on Tuesday that Washington will work to address Seoul's concerns over recently enacted electric vehicle (EV) subsidies that could disadvantage Asian automakers. The $430 billion "Inflation Reduction Act" bill enacted in August includes a host of U.S. President Joe Biden's priorities, including investments to roll back climate change and make Washington a world leader in the EV market. The law also ends subsidies for other EV models and requires that a percentage of critical minerals used in those cars' batteries come from the United States or an American free-trade partner.
TORONTO — Dye & Durham Ltd. says it is planning to buy back up to five per cent of its shares in an normal course issuer bid. The Toronto-based company says it will buy back up to 3,457,508 of its shares over the next 12 months starting on Friday. The company says it is buying back its shares because it believes that, from time to time, the market price of the shares may not fully reflect the underlying value of its business and future prospects. By buying back its shares, a company spreads its
KYIV, Ukraine (AP) — The Kremlin paved the way Tuesday to annex more of Ukraine and escalate the war by claiming that residents of a large swath overwhelmingly supported joining with Russia in stage-managed referendums the U.S. and its Western allies have dismissed as illegitimate. Pro-Moscow officials said all four occupied regions of Ukraine voted to join Russia. According to Russia-installed election officials, 93% of the ballots cast in the Zaporizhzhia region supported annexation, as did 87
Solar power has outpaced wind power over the last five years in terms of global capacity additions, notching up a more than 200% increase in worldwide generation from 2016 to 2021, compared to a 93.5% rise in wind generation during the same slot. China, the United States, Japan, India and Germany together generated 67.4% of all solar power in 2021, and have been among the largest solar power developers for decades. The problem is, when measured by photovoltaic power potential, or the amount of sunlight available to generate solar power, three of those countries are not even in the top 100 most suitable solar locations.
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A four-day week makes workers happier, giving them a real day of rest, and can boost productivity, advocates say