White House Government Agencies

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  • Snowden calls out FBI on Apple order

    NSA whistleblower Edward Snowden claims authorities don't necessarily need Apple to unlock iPhone.

  • Volkswagen gets US subpoena

    The Justice Department sends the German automaker a subpoena under a bank fraud law.

  • March 8- Amarin Corp Plc can promote its fish-oil pill for unapproved uses after the U.S. Food and Drug Administration decided not to appeal a judge's ruling that the company has the right under the First Amendment to make truthful and non-misleading statements about its products. Under a settlement reached between Amarin and the FDA, the agency agreed to be...

  • March 8- Amarin Corporation Plc can promote its fish-oil pill for unapproved uses after the U.S. Food and Drug Administration decided not to appeal a judge's ruling that the company has the right under the First Amendment to make truthful and non-misleading statements about its products. District Judge Paul Engelmayer in Manhattan issued a preliminary...

  • WOLFSBURG, Germany, March 8- Volkswagen may have to cut jobs in the United States as well as Europe and other countries depending on how big a fine has to be paid for its manipulation of diesel emissions tests, the carmaker's top labour official told a meeting of 20,000 workers at its German headquarters on Tuesday. The U.S. Justice Department has sued Volkswagen...

  • *China's February trade performance was far worse than economists had expected, with exports tumbling the most in over six years. *The European Central Bank is expected to announce further stimulus at its meeting later this week. Federal Reserve is looking to raise interest rates this year as a raft of data suggested the economic recovery in the United States...

  • *Risk avoidance ahead of USDA report. "There is also some risk-avoidance ahead of the USDA world supply and demand estimates which will be released on Wednesday." The Chicago Board of Trade's most active May wheat contract fell 0.7 percent to $4.59-1/ 2 a bushel at 1109 GMT, after hitting its highest since Feb. 22 on Monday in short-covering after U.S. regulatory data...

  • WASHINGTON, March 7- The United States has paid $500 million into the United Nations' Green Climate Fund, the first tranche of the $3 billion it pledged as part of the commitments it made in the December Paris Climate Agreement, the State Department confirmed Monday. "This grant is the first step toward meeting the president's commitment of $3 billion to the GCF, and...

  • WASHINGTON, March 7- After a long wait for inflation to accelerate, U.S. In separate statements on Monday, policymakers at the core of that debate staked out starkly different views, with Fed Vice Chairman Stanley Fischer saying economic data now points to the "first stirrings" of inflation, and Fed Governor Lael Brainard countering that the Fed should not move...

  • *Platinum above $1,000/ oz for 1st time in more than 4 months. NEW YORK/ LONDON, March 7- Gold rose on Monday, hovering just below last week's 13- month high as the U.S. dollar turned lower, while a fall in average U.S. earnings lessened expectations the Federal Reserve could raise interest rates at its next policy meeting. Spot gold was up 0.6 percent at $1,266.70 an ounce...

  • DHAKA/ NEW YORK, March 7- Bangladesh's central bank said on Monday its U.S. account had been hacked and that money had been stolen from it, a claim that its U.S. counterpart, the Federal Reserve, denied. Bangladesh Bank said it had traced some of the money to the Philippines and that it was working with anti-money laundering authorities there. Bangladesh's central...

  • WASHINGTON, March 7- A pitched battle over the right path for U.S. interest rates is expected at next week's Federal Reserve policy setting meeting, increasing pressure on Chair Janet Yellen midway through her tenure. On Monday, the internal battle lines at the Fed were in full view as two of the central bank's most influential policymakers delivered dueling...

  • NEW YORK, March 7- The Federal Reserve Bank of New York denied that its payments systems were breached after Bangladesh's central bank said earlier on Monday that its U.S. account had been hacked and money stolen from it.

  • WASHINGTON, March 7- Inflation is showing signs it could accelerate in the United States, a top Federal Reserve policymaker said in comments that back the view that the central bank will hike interest rates again this year. "We may well at present be seeing the first stirrings of an increase in the inflation rate," Fed Vice Chairman Stanley Fischer said on Monday in...

  • SAN FRANCISCO, March 7- Slow U.S. wage growth is the result of underlying shifts in the labor force rather than a sign of a weak job market, according to a short paper published Monday by the San Francisco Federal Reserve Bank. The finding is significant because Fed officials have long puzzled over why wages have grown so slowly even as the unemployment rate has...

  • Treasury yields rose on Monday in volatile trading as traders increased bets the Federal Reserve will raise interest rates this year in the wake of a strong February jobs report and ahead of a European Central Bank meeting. The selling was stoked by the government's supply of debt scheduled for this week, but yield gains were limited by caution ahead of...

  • The court's decision not to hear the case leaves in place a June 2015 ruling by the New York- based 2nd U.S. Circuit Court of Appeals that favored the U.S. Department of Justice and found Apple liable for engaging in a conspiracy that violated federal antitrust laws. Apple, in its petition asking the high court to hear the case, said the June decision by the 2nd U.S....

  • The court's decision not to hear the case leaves in place a June 2015 ruling by the New York- based 2nd U.S. Circuit Court of Appeals that favored the U.S. Department of Justice and found Apple liable for engaging in a conspiracy that violated federal antitrust laws. Apple, in its petition asking the high court to hear the case, said the June decision by the 2nd U.S....

  • The court's decision not to hear the case leaves in place a June 2015 ruling by the New York- based 2nd U.S. Circuit Court of Appeals that favored the U.S. Department of Justice and found Apple liable for engaging in a conspiracy that violated federal antitrust laws.

  • *Restrictions in response to alleged violations of Iran sanctions. LONDON, March 7- The U.S. Commerce Department is set to place export restrictions on Chinese telecoms equipment maker ZTE Corp for alleged violations of U.S. export controls on Iran, according to documents seen by Reuters. According to a Commerce Department notice that will be published next...