Trump travel ban dealt blow by San Francisco Appeals Court
From Newsmax President Donald Trump’s restrictions on travel to the U.S. from six mostly Muslim countries, Venezuela and North Korea were largely struck down by a federal appeals court, raising uncertainty as the fight heads for a final showdown at…
US: FDA may look into medical marijuana health claims
From Newsmax The U.S. Food and Drug Administration may start cracking down on claims that marijuana has health benefits that haven’t been proven, the agency’s commissioner said Tuesday. “I see people who are developing products who are making claims that…
Ex-Barclays Chief: Banks may face Kodak-style obsolescence in 5 years
From Newsmax Banks could face a “Kodak moment” where they approach obsolescence in five to 15 years at the hands of new financial-technology companies, according to former Barclays Plc Chief Executive Officer Antony Jenkins. Traditional banks are already seeing the…
Record number of fund managers say US equities are overvalued
From Newsmax Measures of stock valuation have been flashing caution for months. Humans are finally starting to take notice. Fund managers now say stocks are the most overvalued they have been in nearly 20 years, according to a survey done last…
You can soon buy giant picnic basket building in foreclosure
By Laura Northrup From Consumerist Do you long to own a novelty office building in Ohio? Then your dream may soon become a reality, as the giant, basket-shaped former home of direct sales housewares company Longaberger is slated for foreclosure….
Daylight Saving Time costs money and frustration
By Laura Northrup From Consumerist It’s almost that time of year again. The time of year when Daylight Saving Time hits and you’re stuck changing clocks on everything from your bedroom alarm to your car to your microwave. While you’re…
US Homeland Security reveals plans for crackdown on illegal immigrants
By Mark Swanson From Newsmax The Department of Homeland Security Tuesday began rolling out President Donald Trump’s plans to aggressively crack down on illegal immigrants. The plan, outlined in two DHS memos, includes an attempt to deport almost all illegal…
Italy might be next domino to fall after UK vote to leave EU
By R Williams From Newsmax “The next referendum to be held in the EU takes place in Italy in October,” Wolfgang Munchau, co-founder and director of Eurointelligence, writes in the Financial Times. “It is not about the union but about…
Caribbean News front pg story iBusiness iLocal News ISports iWorld News News Sports Local Sports World
FIFA blocks $20 million in payments to scandal-ridden groups
By Tariq Panja From Bloomberg Soccer bodies in Americas each face $10 million shortfall Concacaf and Conmebol have promised audits, transparency FIFA has blocked $20 million in funding to the organizations that oversee soccer in the Americas, dealing yet another…
Havens leave US taxpayers $1,259 tab each – report
From The New Zealand Herald The US loses $150 billion in federal revenue annually when earnings are transferred to tax havens like the Cayman Islands. US taxpayers would need to pay an average of $1,259 more a year to make…
