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1 Article
Source: BBC

Trump's troubled foundation to shut down

Today 12:40 GMT

US President Donald Trump's troubled charity foundation has agreed to close down amid allegations that he and others illegally misused its funds.

The lawsuit claims that the foundation paid $100,000 to settle legal claims against Mr Trump's Mar-a-Lago resort; $158,000 to settle claims against one of his golf clubs; and $10,000 to purchase a painting of Mr Trump to hang at another of his golf clubs.

1 Article
Source: ABC News

Embattled Trump Foundation forced to dissolve itself under court supervision

Today 12:40 GMT

President Trump’s embattled charitable foundation has agreed to dissolve itself under judicial supervision as part of a lawsuit brought by New York Attorney General Barbara Underwood.

“Under the terms, the Trump Foundation can only dissolve under judicial supervision – and it can only distribute its remaining charitable assets to reputable organizations approved by my office.” The attorney general’s lawsuit alleged that the president and his three eldest children, who served as members of the foundation’s board, repeatedly used charitable donations for personal, political and business gains, including legal settlements, campaign contributions and even to purchase a portrait of Trump to hang at one of his hotels.

1 Article
Source: BBC

Looking for China's spies

Today 12:41 GMT

“The UK’s response has been low key - successive governments have wanted to avoid confrontation with China and in any case the UK does not have the global law enforcement reach which underpins US indictments against China and other countries on cyber.”

According to the indictment, since 2013 he had been working with Chinese universities and institutions to identify and target specific engineers with the secrets China needed, passing on the data to government, academia and companies.

1 Article
Source: BBC

Trump's troubled foundation to shut down

Today 09:54 GMT

US President Donald Trump's troubled charity foundation has agreed to close down amid allegations that he and others illegally misused its funds.

The lawsuit claims that the foundation paid $100,000 to settle legal claims against Mr Trump's Mar-a-Lago resort; $158,000 to settle claims against one of his golf clubs; and $10,000 to purchase a painting of Mr Trump to hang at another of his golf clubs.

1 Article
Source: ABC News

Embattled Trump Foundation forced to dissolve itself under court supervision

Today 09:54 GMT

President Trump’s embattled charitable foundation has agreed to dissolve itself under judicial supervision as part of a lawsuit brought by New York Attorney General Barbara Underwood.

“Under the terms, the Trump Foundation can only dissolve under judicial supervision – and it can only distribute its remaining charitable assets to reputable organizations approved by my office.” The attorney general’s lawsuit alleged that the president and his three eldest children, who served as members of the foundation’s board, repeatedly used charitable donations for personal, political and business gains, including legal settlements, campaign contributions and even to purchase a portrait of Trump to hang at one of his hotels.

1 Article
Source: Common Domain

Charter, New York Reach $174.2 Million Settlement Over Internet Service Quality

Tuesday 15:25 GMT

Charter Communications Inc. CHTR -0.48% will pay more than $174 million as part of a settlement following a probe by the New York state attorney general into the quality of service provided to customers.

The settlement with Charter, which is the state’s largest internet service provider, will include $62.5 million in refunds to current subscribers, New York Attorney General Barbara Underwood’s office said in a press release Tuesday.

1 Article
Source: Common Domain

Charter, New York Reach $174.2 Million Settlement Over Internet Service Quality

Today 12:40 GMT

Charter Communications Inc. CHTR -0.48% will pay more than $174 million as part of a settlement following a probe by the New York state attorney general into the quality of service provided to customers.

The settlement with Charter, which is the state’s largest internet service provider, will include $62.5 million in refunds to current subscribers, New York Attorney General Barbara Underwood’s office said in a press release Tuesday.

1 Article
Source: BBC

Looking for China's spies

Today 11:46 GMT

“The UK’s response has been low key - successive governments have wanted to avoid confrontation with China and in any case the UK does not have the global law enforcement reach which underpins US indictments against China and other countries on cyber.”

According to the indictment, since 2013 he had been working with Chinese universities and institutions to identify and target specific engineers with the secrets China needed, passing on the data to government, academia and companies.

1 Article
Source: BBC

Trump's troubled foundation to shut down

Today 12:38 GMT

US President Donald Trump's troubled charity foundation has agreed to close down amid allegations that he and others illegally misused its funds.

The lawsuit claims that the foundation paid $100,000 to settle legal claims against Mr Trump's Mar-a-Lago resort; $158,000 to settle claims against one of his golf clubs; and $10,000 to purchase a painting of Mr Trump to hang at another of his golf clubs.

1 Article
Source: ABC News

Embattled Trump Foundation forced to dissolve itself under court supervision

Today 12:38 GMT

President Trump’s embattled charitable foundation has agreed to dissolve itself under judicial supervision as part of a lawsuit brought by New York Attorney General Barbara Underwood.

“Under the terms, the Trump Foundation can only dissolve under judicial supervision – and it can only distribute its remaining charitable assets to reputable organizations approved by my office.” The attorney general’s lawsuit alleged that the president and his three eldest children, who served as members of the foundation’s board, repeatedly used charitable donations for personal, political and business gains, including legal settlements, campaign contributions and even to purchase a portrait of Trump to hang at one of his hotels.

1 Article
Source: BBC

Looking for China's spies

Today 12:39 GMT

“The UK’s response has been low key - successive governments have wanted to avoid confrontation with China and in any case the UK does not have the global law enforcement reach which underpins US indictments against China and other countries on cyber.”

According to the indictment, since 2013 he had been working with Chinese universities and institutions to identify and target specific engineers with the secrets China needed, passing on the data to government, academia and companies.

1 Article
Source: Common Domain

Charter, New York Reach $174.2 Million Settlement Over Internet Service Quality

Today 12:38 GMT

Charter Communications Inc. CHTR -0.48% will pay more than $174 million as part of a settlement following a probe by the New York state attorney general into the quality of service provided to customers.

The settlement with Charter, which is the state’s largest internet service provider, will include $62.5 million in refunds to current subscribers, New York Attorney General Barbara Underwood’s office said in a press release Tuesday.

1 Article
Source: The Guradian

New Zealand to hold referendum on legalising recreational cannabis

Today 00:35 GMT

New Zealand will hold a referendum on whether to legalise cannabis for recreational use at the general election in 2020, a week after legalising the use of cannabis for medicinal purposes.

Last week’s law change paved the way for New Zealand companies to manufacture medicinal cannabis products for both the local and international market, an industry which has been touted as a potential game-changer for deprived M?ori communities on the east coast of the North Island, who hope to turn the thriving illegal industry into a thriving legal one.

1 Article
Source: Common Domain

Hitachi to Take On GE With $6.4 Billion Power Deal

Tuesday 02:25 GMT

Hitachi executives acknowledged the business of power transmission lines and related infrastructure often requires lengthy construction and negotiations with governments.

The deal for the ABB power-grid unit carries risks including growing competition from lower cost players in China

1 Article
Source: Common Domain

Logistics Report:

Tuesday 09:54 GMT

The Justice Department is suing trucking units of YRC Worldwide Inc., the WSJ Logistics Report’s Erica E. Phillips writes, alleging the businesses including YRC Freight overcharged the Pentagon millions of dollars for shipping over several years.

A pullback in its earnings outlook followed by a negative short-seller report sent XPO’s shares into a tailspin, the WSJ’s Logistics Report’s Jennifer Smith writes, before the announcement of its first-ever stock buyback program prompted a turnaround and statements of support from analysts.


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