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1 Article
Source: Common Domain

Glencore-Controlled Miner to Be Fined by Canadian Authorities Over Congo Ops

Today 20:54 GMT

A Glencore GLNCY -3.44% PLC-controlled mining company and some of its current and former directors and executives have agreed to pay more than $22 million to settle Canadian allegations that they hid the risks of doing business with a controversial Israeli businessman closely linked to Congolese President Joseph Kabila, according to a person familiar with the matter.

The OSC is expected to allege that Katanga breached Canadian securities law by not disclosing the risks it faced by relying on Mr. Gertler to maintain relationships with Mr. Kabila, Congo’s president, according to the person familiar with the matter.

1 Article
Source: Common Domain

Justice Department Chides McKinsey in Another Bankruptcy Case

Today 01:30 GMT

In a Friday filing with the U.S. Bankruptcy Court in Houston, Acting U.S. Trustee Henry Hobbs Jr. said disclosures McKinsey filed to support its application to advise Westmoreland Coal Co. are neither transparent nor complete.

An initial hearing on reopening the Alpha bankruptcy, an extraordinary measure reserved for instances of fraud intended to deceive the court, is set for Jan. 9.. Trustee says disclosures the firm filed to support its application to advise Westmoreland Coal are neither transparent nor complete

1 Article
Source: BBC

US interior secretary Zinke to stand down

Today 18:08 GMT

US Interior Secretary Ryan Zinke is leaving his post at the end of the year, President Donald Trump says, in the latest high profile departure from his administration.

He said: "Unfortunately, even with Secretary Zinke out, the Interior Department remains disturbingly biased in favour of special interests over the health of American communities and the public lands that they love." News of Mr Zinke's departure comes just a week after the announcement that Mr Trump's chief of staff, Gen John Kelly, is to leave the White House.

1 Article
Source: Huffington Post

Ryan Zinke Is Out As Interior Department Secretary

Today 17:13 GMT

Theodore Roosevelt IV told HuffPost last year that his great-grandfather would have condemned the job Zinke had done and that many in the Roosevelt family were angry that Zinke repeatedly invoked their ancestor to misrepresent his own actions.

“I think that Secretary Zinke was sort of torn between, as Lincoln put it, his bad angels and his good angels,” Roosevelt IV said. He echoed those concerns in a phone interview Saturday and said Zinke missed “a golden opportunity” by failing to match his actions with his rhetoric.

1 Article
Source: Fox News

FBI misses deadline to provide docs to Judiciary Committee probing whistleblower raid

Friday 20:01 GMT

The Justice Department and FBI have missed a Wednesday deadline to provide information about the government's mysterious raid on a former FBI contractor-turned-whistleblower's home last month.

Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, whose panel has oversight of the Justice Department, penned a letter to FBI Director Christopher Wray and Justice Department IG General Michael Horowitz, requesting information on the justification for the raid.

1 Article
Source: Fox News

Mueller probe has cost taxpayers more than $25 million, spending report reveals

Saturday 23:38 GMT

Taxpayers have spent more than $25 million on Special Counsel Robert Mueller’s Russia investigation, according to the latest spending report released Friday.

That sum included $3.2 million in direct special counsel expenses and $3.5 million for other Justice Department expenses, covering costs like agents working on raids or interviews and other government contractors.

1 Article
Source: Common Domain

Justice Department Closes Criminal Investigation of SeaWorld

Friday 04:15 GMT

The Justice Department has closed a criminal investigation into SeaWorld Entertainment Inc. over its response to a 2013 documentary that criticized the company’s treatment of killer whales and caused its attendance and stock to drop.

Appeared in the December 13, 2018, print edition as 'U.S. Ends Criminal Probe Into SeaWorld Response to Film.'. Probe focused on company’s statements following release of documentary criticizing its treatment of killer whales

2 Articles
Source: Fox News

Ed Rollins: Mr. Trump, Mueller's team is the best. Yours must be even better. -- Prep for battle and lawyer up

Saturday 11:45 GMT

The president’s outside counsel, defender and principal attack dog, former New York City Mayor Rudy Giuliani, laid it on the line in an interview this week: “Our strategy is … to do everything we can to try to convince Mueller to wrap the damn thing up, and if he’s got anything, show us.

If he finds the president and his campaign did not collude with Russia or anyone else, many Trump haters will cry cover-up.

1 Article
Source: The Guradian

EPA adviser casts doubt on science linking pollution to health problems

Saturday 10:49 GMT

A conservative science adviser to the Trump administration is casting doubt on longstanding research linking fossil fuel pollution to early deaths and health problems, worrying environmental experts.

At a meeting to review air pollution science compiled by staffers at the Environmental Protection Agency this week the advisory board chairman, Tony Cox – a consultant and statistician who has worked for the industry and criticized EPA standards – questioned whether soot from coal plants and cars can be directly blamed for asthma and cardiopulmonary problems.

1 Article
Source: Reuters

The price of progress in China: 'We traded our lives for development'

Saturday 10:49 GMT

For four years at the turn of the century, Wang Zhaohong worked on a demolition crew in Shenzhen, clearing the way for the once-tiny border village to become a bustling metropolis.

Even as hundreds of millions of people have left poverty, Wang and others like him are reminders of the heavy human toll of China’s development, and authorities have sought to censor information and suppress protests.

1 Article
Source: Common Domain

GE to Explore Replacing KPMG as Auditor

Saturday 14:30 GMT

General Electric Co. is moving ahead with a plan to solicit bids for an independent auditor after the industrial conglomerate revealed a series of accounting issues earlier this year.

In April, two largest proxy-advisory firms recommended GE fire KPMG as its auditor in light of accounting issues at the industrial giant. The Justice Department and the Securities and Exchange Commission are investigating a $22 billion charge GE recorded in the third quarter related to acquisitions in GE’s power unit and a $6 billion charge recorded earlier this year related to its insurance operations.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte