Doina's Feed
Aug 12, 2015

U.S. charges data brokers in $7 million payday loan scam

By Doina Chiacu

(Reuters) – The U.S. Federal Trade Commission said on
Wednesday it charged a data broker operation with selling payday
loan applicants’ financial information to scammers who took in
millions of dollars by debiting bank accounts and charging
credit cards.

The data brokers bought the loan applications and, instead
of passing them to legitimate payday lenders, sold them to
companies including Ideal Financial Solutions Inc, which bought
500,000 applications and raided the accounts for at least $7.1
million, the FTC said.

Aug 10, 2015

Guggenheim settles for $20 million over not disclosing loan – SEC

By Doina Chiacu and Nate Raymond

(Reuters) – Guggenheim Partners Investment Management LLC
has agreed to pay $20 million to settle federal charges that it
failed to disclose a $50 million loan by a client to a senior
executive, the Securities and Exchanges Commission said on
Monday.

The Guggenheim executive took the loan in January 2010 to
finance his personal investment in a corporate acquisition by
parent company Guggenheim Partners LLC, the SEC said in a
statement.

Aug 9, 2015

Trump defends relations with women, calls them ‘amazing executives’

WASHINGTON (Reuters) – Embattled Republican presidential candidate Donald Trump hit back on Sunday at critics who say he went too far with caustic comments about a U.S. television news anchor, insisting no apology was necessary and defending his relations with women.

“I’ve had such an amazing relationship with women in business. They are amazing executives. They are killers. They are phenomenal,” Trump said on ABC’s “This Week.”

Aug 7, 2015

U.S. adds Russian oil field to sanctions list

WASHINGTON, Aug 7 (Reuters) – The United States has added a
Russian oil and gas field, the Yuzhno-Kirinskoye Field, to its
list of energy sector sanctions prompted by Moscow’s actions in
Ukraine, drawing a prompt rebuke from the Kremlin on Friday.

The federal government said on Thursday the field, located
in the Sea of Okhotsk of the Siberian coast and owned by
Russia’s leading gas producer Gazprom, contains
substantial reserves of oil in addition to reserves of gas.

Aug 6, 2015

U.S. tightens visa waiver program amid foreign fighters concerns

WASHINGTON (Reuters) – The United States announced tighter security measures on Thursday for visitors from the 38 countries in its visa waiver program, which include European nations that have seen hundreds of residents traveling to fight with militant groups in Syria and Iraq.

The changes require use of e-passports – paper passports that contain chips carrying biometric information – and expand use of U.S. air marshals on international flights, the Department of Homeland Security said.

Aug 6, 2015

Obama defends Iran nuclear deal as diplomacy winning over war

WASHINGTON, Aug 5 (Reuters) – President Barack Obama
defended the U.S.-led international nuclear deal with Iran on
Wednesday against a furious lobbying effort by political
opponents and Israel and said abandoning the agreement would
open up the prospect of war.

Invoking the Cold War peacemaking initiatives of former U.S.
Presidents John F. Kennedy and Ronald Reagan, Obama said if
Congress blocked the deal, it would accelerate Tehran’s path to
a bomb and severely damage America’s credibility.

Aug 5, 2015

Obama defends Iran nuclear deal as U.S. diplomacy over war

WASHINGTON, Aug 5 (Reuters) – President Barack Obama
defended the Iran nuclear deal on Wednesday against a furious
lobbying effort by political opponents and Israel and said
abandoning the agreement would open up the prospect of war.

Invoking the Cold War peacemaking initiatives of former
Presidents John Kennedy and Ronald Reagan, Obama said that if
the U.S. Congress blocked the deal it would accelerate Tehran’s
path to a bomb and severely damage America’s credibility.

Aug 2, 2015

Trump says won’t be ‘throwing punches’ in U.S. Republican debate

WASHINGTON (Reuters) – Donald Trump, the man to beat in this week’s first televised Republican presidential debate, said on Sunday he does not plan to attack his rivals and downplayed expectations for his performance, saying “I’m not a debater.”

The combative real estate mogul will take center stage at Thursday’s debate among the 10 top-polling candidates as he leads the 17 Republicans competing to represent their party in the November 2016 election.

Jul 29, 2015

TSA chief vows to close security gaps at U.S. airports

WASHINGTON, July 29 (Reuters) – The new leader of the U.S.
Transportation Security Administration said on Wednesday his top
priority would be to close security gaps at airport checkpoints
where an internal report showed 96 percent of undercover tests
failed.

Peter Neffenger, the agency’s new administrator, told a
congressional panel that front-line TSA employees would be
trained by September to avoid the pitfalls that led to those
failures.

Jul 28, 2015

Kerry warns U.S. Congress scrapping Iran deal would mean path to nuclear weapon

WASHINGTON (Reuters) – Secretary of State John Kerry told U.S. lawmakers on Tuesday he wanted to set the record straight on the Iran nuclear deal and equated walking away from the agreement to giving Tehran a fast track to a nuclear weapon.

“There are conclusions that have been drawn that don’t in fact match with the reality of what this deal sets forth. And we happily look forward to clarifying that during the course of this hearing,” Kerry told the House of Representatives’ Foreign Affairs Committee.