Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
WASHINGTON, May 17 (Reuters) - A California man was sentenced to 20 months in prison on Friday after pleading guilty for threatening to kill the family of U.S. Federal Communications Commission Chairman Ajit Pai over the regulator's successful effort to repeal net neutrality rules.
The Justice Department said Markara Man, 33, of Norwalk, California, sent the email threats "in hopes it would cause (Pai) to reverse his position on net neutrality."
The FCC did not immediately comment after the sentencing by the U.S. District Court for the Eastern District of Virginia.
Led by Pai, the FCC in December 2017 repealed landmark net neutrality protections, which required internet service providers to provide users equal access to all data, regardless of their kind, source or destination.
Net neutrality rules barred providers from blocking or slowing internet content or offering paid "fast lanes."
The reversal of the rules has been a win for ISPs such as Comcast Corp, AT&T Inc and Verizon Communications Inc, but was opposed by companies like Facebook Inc, Amazon.com Inc and Google's parent Alphabet Inc.
When Markara pleaded guilty in September 2018, Pai thanked law enforcement and the FCC for protecting him and his family, adding "I am deeply grateful for all they have done to keep us safe."
In November 2018, Tyler Barriss pleaded guilty for calling in a bomb threat to the FCC during the December 2017 meeting where the vote to repeal net neutrality was held. (Reporting by Chris Sanders; Editing by Richard Chang)