Economy

Fed sees supply-chain issues growing despite better US outlook

WASHINGTON (BLOOMBERG) – The Federal Reserve is seeing both labour and material shortages mounting up across several sectors of the US economy, which may have consumers paying even more for everything from fuel to new homes. In the Fed’s Beige Book report released on Wednesday (April 14), the central bank references “shortage” or “shortages” 37 […]

Politics

Shades of 2016: Republicans Stay Silent on Trump, Hoping He Fades Away

It was a familiar scene on Sunday when Senator John Thune, Republican of South Dakota, tried to avoid giving a direct answer about the caustic behavior of former President Donald J. Trump. Mr. Trump had called Senator Mitch McConnell, the minority leader, “dumb” and used a coarse phrase to underscore it while speaking to hundreds […]

World News

Murderer doctor Venod Skantha dies in prison day after losing appeal

The former doctor convicted of murdering a Dunedin teenager has died in prison. Venod Skantha died in custody yesterday – the same day his appeal against his conviction was dismissed. Police were alerted to a sudden death at Otago Corrections Facility just before 4pm yesterday. The death is not being treated as suspicious and has […]

World News

‘Turned a blind eye!’ Macron blasted as he ‘abandons’ France’s climate exchange promises

Prince Philip: Attenborough on Duke's climate change concerns When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. […]

Politics

Greensill row: Civil servants have until end of week to declare second jobs as concern grows

Senior civil servants have been told they have until the end of the week to declare any other jobs they hold outside government. Cabinet Secretary Simon Case said there was “acute concern” at the top of the civil service about issues that have emerged in the David Cameron lobbying affair. On Tuesday, it was revealed […]

Business

Board Shake-up: Kohl’s Reaches Pact With Activist Investors

Kohl’s Corp. entered into an agreement with activist investors fighting for fresh blood on the retailer’s board. Making various concessions giving shareholder activists greater influence over the company, Kohl’s said Wednesday that two independent directors nominated by the activist group — Margaret Jenkins and Thomas Kingsbury — will join the Kohl’s board at the close […]

Business

Bernie Madoff, Architect of Largest Ponzi Scheme in History, Is Dead at 82

Bernard L. Madoff, the one-time senior statesman of Wall Street who in 2008 became the human face of an era of financial misdeeds and missteps for running the largest and possibly most devastating Ponzi scheme in financial history, died on Wednesday at the Federal Medical Center in Butner, N.C. He was 82. The Federal Bureau […]

World News

At least 15 officers mistook guns for Tasers. Three were convicted.

It happened in a flash. A deputy drew what he thought was his stun gun on a Black man who was fleeing, announcing his choice of weapon with a shout of “Taser!” But it was a pistol he pulled out, not a stun gun, and the man died. “Oh, I shot him,” the deputy says […]

Politics

BBC’s Robinson skewers Scottish Greens for backing Sturgeon’s indyref2 while Scots suffer

Scotland: Lorna Slater grilled on 'priority' of referendum When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. […]

World News

Man who kidnapped girl, 5, from family campground said he ‘wanted to eat her’

A man kidnapped a five-year-old girl from a Tasmania campground and later said he'd intended to eat her, a court has heard. Cecil Maurice Mabb, 41, has pleaded guilty to assaulting and abducting the child from Montagu Campground on January 24. Burnie Supreme Court heard the girl's family had been setting up tents at the […]