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Fed Served With DOJ Subpoenas; Powell Vows to Stand Firm
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the institution. In a forceful written and …
POSTED JANUARY 12, 2026 12:51 PM |
US Seizes Fifth Vessel Taken in Venezuela Blockade
The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday. The Olina, which according to public shipping database …
POSTED JANUARY 12, 2026 11:53 AM |
Finnish Police Release Russia-Linked Ship Held in Cable Sabotage Case
Finnish police said on Monday they had lifted the seizure of a ship which had been held on suspicion of sabotaging an undersea telecoms cable running from Helsinki to Estonia across the Gulf of Finland, although the investigation continues. The …
POSTED JANUARY 12, 2026 11:26 AM |
Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status
ICICI Lombard General Insurance Co., a unit of India’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the planned release. The worker, who broadcast the information after …
POSTED JANUARY 12, 2026 10:46 AM |
One Dead in Australian Wildfires That May Burn for Weeks to Come
One person has died in wildfires in the Australian state of Victoria that have burned out an area slightly larger than Rhode Island. A body was found about 100 meters from a vehicle near the fire-affected town of Gobur, about …
POSTED JANUARY 12, 2026 10:04 AM |
Supreme Court to Weigh FCC Power to Fine in New Regulatory Clash
The US Supreme Court will consider invalidating the Federal Communications Commission’s system for imposing financial penalties in a clash that could put fresh limits on the power of federal regulators. The justices said Friday they will hear contentions from AT&T …
POSTED JANUARY 12, 2026 6:19 AM |
CEOs on Guard as Trump Rattles Companies With Series of Edicts
For American CEOs, reaping the rewards of a Donald Trump presidency is a little more complicated the second time around, in an administration that increasingly pairs conventional conservative deregulation with populist state intervention in big business. In the last week, …
POSTED JANUARY 12, 2026 6:07 AM |
California Bill Seeks to Add ‘Transparency’ to Arieal Images Used by Insurers
California lawmaker is pushing to require insurers to notify homeowners in advance of taking or using aerial images of their property, and to stop insurers from basing decisions to cancel, non-renew, or reduce coverage based on aerial images older than …
POSTED JANUARY 12, 2026 6:00 AM |
Starkweather & Shepley Acquires DiMatteo Brokerage in Connecticut
Starkweather & Shepley Insurance Brokerage Inc. reports it acquired DiMatteo Insurance Brokers effective January 1, 2026, Founded in 2010, DiMatteo Insurance Brokers is an independent insurance agency based in East Hartford, Connecticut. The firm is led by founder Angelo DiMatteo, …
POSTED JANUARY 12, 2026 6:00 AM |
Billionaire NFL Owner Suing Over Billboards Near His LA Stadium
Stan Kroenke, the billionaire owner of the National Football League’s Los Angeles Rams, has taken a stand against billboards that he says threaten the prosperity of his $5.5 billion sports and entertainment complex in the nation’s second-largest metropolis. Kroenke alleged …
POSTED JANUARY 12, 2026 6:00 AM |
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