Tag Archives: faces

Brazil's president faces new corruption charges

Brazil’s economy rebounds but unemployment at record high Brazil’s attorney general charged President Michel Temer on Thursday with obstruction of justice and leading a criminal organization, according to a press release on the attorney general’s website. It’s the latest round of corruption allegations against Temer, who survived an impeachment vote in August. Six other members of Temer’s political party, PMDB, were also named in the charges filed by attorney general Rodrigo Janot. In a statement posted on its website, Temer’s office dismissed the charges as “absurd” and said they were ...

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Apple’s Anniversary iPhone X Faces ‘Severe Short Supply’

This site may earn affiliate commissions from the links on this page. Terms of use. Apple’s upcoming $ 1,000 phone (or $ 1,100, or $ 1,200, depending on which rumors you believe) has been leaked as the iPhone X. Opinions are divided as to whether the company’s iPhone will dominate sales, but at least one prominent analyst is predicting it won’t — mostly because it’s going to be extremely difficult to find. That’s the word from KGI Securities Analyst Ming-Chi Kuo, who has a fairly good track record of forecasting ...

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Lenovo Faces No Significant Penalty for Security-Destroying Superfish Debacle

This site may earn affiliate commissions from the links on this page. Terms of use. The shovelware PC OEMs ship on their hardware is definitionally terrible; the handful of exceptions to this only serve to prove the rule. In early 2015, however, news broke that Lenovo hadn’t simply shipped poor bundled software, but had fundamentally destroyed internet security on its products in the process. The entire sorry affair exposed a dearth of appropriate safeguards at the PC manufacturer, including the lack of meaningful software or oversight over the bundling process. ...

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Manchester bomber's brother faces trial in Libya

Hashem Abedi, the younger brother of Manchester bomber Salman Abedi, will be tried in Libya over his suspected role in the attack, the BBC has been told. The 20-year-old was arrested in Libya shortly after the suicide attack in May that killed 22 people. Libya’s chief investigator in the case, Asadiq Al Sour, said Abedi is suspected of having helped his brother and collected materials for the attack. Their father Ramadan, who was also detained in Libya, has been freed. Hashem Abedi will be taken to court within two months ...

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Sources: Burfict faces 5-game ban for illegal hit

1:37 AM ET Cincinnati Bengals linebacker Vontaze Burfict is facing a five-game suspension for an illegal hit against Kansas City Chiefs fullback Anthony Sherman this month, league sources tell ESPN. Burfict, a repeat offender, hit the running back in a defenseless posture, sources said. It is a new rule the NFL is implementing this season to protect the player who can’t protect himself — and it is going to hurt Burfict and the Bengals. Burfict is appealing. The team, in a statement, said it is “aware of the NFL’s letter ...

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Nonprofit that pulled Mar-a-Lago fundraiser says it faces 'devastating' budget shortfall

Trump dissolves business councils A charity that decided to cancel a fundraiser at President Trump’s Mar-a-Lago club now says it could run into financial trouble. The Unicorn Children’s Foundation said Tuesday that it won’t be able to reschedule the luncheon it had planned for January 2018. “Mar-a-Lago is an exclusive venue that enables charities to charge premium ticket prices and draw supporters with significant philanthropic capabilities. With that said, we do not see a viable alternative venue,” CEO Sharon Alexander said in an email. That could leave the organization with ...

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'Made in Germany' faces new test as antitrust claims are leveled at automakers

When will hybrids and electric cars really take over? Germany’s biggest industry is again facing tough questions about how it does business. Still struggling to move on from the “dieselgate” scandal sparked by Volkswagen’s 2015 admission that it rigged engines to appear cleaner than they were, the country’s top car manufacturers now stand accused of operating a huge cartel since the 1990s. News magazine Der Spiegel dropped the bombshell on Friday, citing a letter it said Volkswagen(VLKAY) had written to German antitrust officials last summer in which it admitted to ...

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Boots faces morning-after pill cost row

Boots has been accused of refusing to cut the cost of one of its morning-after pills for fear of criticism from campaigners. The British Pregnancy Advisory Service (BPAS), which provides abortion care, wants Boots and other pharmacies to reduce the cost of emergency contraception Levonelle. Boots told the BPAS it wanted to avoid “incentivising inappropriate use”. The company said it was “disappointed by the focus” BPAS had taken. Currently, the progestogen-based drug Levonelle costs £28.25 in Boots, and its non-branded equivalent is £26.75. But the branded drug costs £13.50 at ...

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Time to trade Kirk Cousins? Washington blew it, faces hard truths

6:31 PM ET It’s not really a surprise that Washington and Kirk Cousins failed to come to terms on a long-term extension before Monday’s deadline for franchise players. What is a surprise, however, is what happened next. Team president Bruce Allen released a statement detailing the offer Washington made to keep Cousins in the organization while revealing that Cousins’ representation failed to ever respond to the proposal. While teams often leak information to try to negotiate through various media channels, this sort of public revelation is virtually unprecedented. It also ...

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Arconic faces investor lawsuit over deadly Grenfell Tower fire

Is Arconic to blame for London fire? The American manufacturer of cladding panels installed at London’s destroyed Grenfell Tower has been accused of defrauding investors in a new lawsuit. The proposed class action filed Thursday by Arconic shareholder Michael Brave alleges that the company failed to properly disclose the sale of “highly flammable” building materials that were used to refurbish the doomed tower. At least 80 people were killed when the building burned on June 14. The suit, filed in federal court in Manhattan, alleges that Arconic made false and ...

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