A verdict is expected on Monday in the case of a helicopter pilot accused of murdering his young British-Greek wife and faking a robbery to mislead police. Babis Anagnostopoulos, a Greek pilot and flight instructor, arrived at court under heavy police guard. He is accused of killing Caroline Crouch, 20, who died of suffocation in…
Wall Street Bounces as Tech Stocks Rise After Powell’s Testimony
U.S. stock indexes reversed course on Tuesday as technology stocks recovered, with investors taking comfort in Federal Reserve Chair Jerome Powell’s testimony to Congress not delivering any major surprises. Powell said the central bank’s plans to tighten monetary policy this year were not undercutting strong employment in an economy that “no longer needs or wants”…
Stocks Rebound as Traders Buy Back in Before Fed Testimony
LONDON—Global stocks recovered some of their recent losses on Tuesday and government bond yields retreated as investors bought back into riskier assets ahead of the appearance of U.S. Federal Reserve Chair Jerome Powell before the Senate Banking Committee. Investors hope Powell will provide more clues to the timing of expected policy tightening when he appears…
Wall Street Down Ahead of Powell Testimony
U.S. stock indexes fell on Tuesday ahead of Federal Reserve Chair Jerome Powell’s testimony that may offer fresh insight on policy tightening and the central bank’s plans to tackle inflation. Powell is set to appear before the Senate Banking Committee at 10 a.m ET for consideration for a second four-year term as head of the…
A Quiet Attack on American Principles Is Going Unnoticed
Commentary The sanctity of American justice is predicated on the right to a fair trial. Trial by jury was one of the most important American principles at its founding, guaranteed in the body of the Constitution in Article III, Section 2, and in the Sixth Amendment. It was instituted as a protection of individuals against…
Washington Attorney General: Facebook Gave False Info in Campaign Suit
SEATTLE—Washington Attorney General Bob Ferguson said a Facebook representative provided false testimony in a lawsuit that accuses the company of violating state campaign finance laws. The Seattle Times reported that in court filings the Democratic attorney general says both the social media giant and its attorneys knew the testimony was false. Ferguson sued Facebook last…
US Senator Asks Facebook CEO to Retain Documents Linked to Testimony
October 14, 2021
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WASHINGTON—Senate Commerce Committee Chair Maria Cantwell on Tuesday called on Facebook Chief Executive Mark Zuckerberg to preserve all documents related to a testimony last week from company whistleblower Frances Haugen. “The testimony … raises significant concerns about whether Facebook has misled the public, federal regulators, and this committee,” said Cantwell, a Democrat. “This committee will…
Fed Chair Defends Current Policy, Says He Thinks About Inflation ‘Night and Day’
WASHINGTON—Federal Reserve Chair Jerome Powell on July 15 expressed concerns about inflation, stating that he and his colleagues are thinking about rising prices “night and day.” Powell, however, said during a Senate Banking Committee hearing that the Fed’s easy monetary policy will continue as the jobs market recovery “is still a ways off.” Powell’s testimony…
Dunn Family Take ‘Giant Step’ Toward Justice in Damages Claim After Depositions
The parents of teenage motorcyclist Harry Dunn have said they “stood up and spoke for him” after giving evidence under oath in a damages claim against their son’s alleged killer. Charlotte Charles and Tim Dunn gave legal testimony during their depositions on Thursday after flying out to the District of Columbia earlier this week. Dunn’s…
Kielburgers Defend WE Charity, Blast Committee Hearing as Political Trial
OTTAWA—Craig and Marc Kielburger say a parliamentary committee’s study into WE Charity is nothing short of a political trial, accusing MPs of trying to score points at the expense of children around the world. The brothers delivered the indictment of the House of Commons ethics committee this afternoon as they defended WE’s operations and structure…
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