Former pharmaceutical executive Martin Shkreli departs the U.S. District Court for the Eastern District of New York, August 3, 2017 in the Brooklyn borough of New York City.

‘Pharma bro’ Martin Shkreli moved from prison after rule breaking

The “Pharma Bro” is back in his native Brooklyn — for now. Notorious drug-company fraudster Martin Shkreli has been removed from a federal prison in New Jersey after there were claims he was running his pharmaceuticals firm while locked up with the help of a contraband cellphone. Shkreli, who had been in the low-security prison […]

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Sen. Bernie Sanders (I-VT) speaks during a press conference at the U.S. Capitol January 30, 2019 in Washington, DC.

Sen. Bernie Sanders gets mayoral pension while running for president

Ellis noted that Sanders is unlike most Americans, who are not eligible for a pension, much less for one when they are employed in another job full-time. Ellis said that some states ban double-dipping, and that others should. And, he added, even if Sanders is technically eligible to receive a pension, he should “make a […]

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Senator and presidential candidate Elizabeth Warren

Elizabeth Warren and 2020 election Democrats propose student loan relief

As borrowers face a mounting burden, and Democrats angle for support from young primary voters, Warren and her rivals have embraced loan forgiveness plans. In a video accompanying the announcement of her proposal, Warren argued for her proposal in part by saying “young people can’t buy homes, they can’t start businesses.” Elizabeth Warren tweet The […]

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Criminal barristers threaten strike action over below-minimum wage pay

Criminal barristers threaten strike action over below-minimum wage pay

Criminal barristers have threatened to begin walking out of trials or refusing to take on new work because of a pay row with the Crown Prosecution Service (CPS). Barristers can be paid as little as £46.50 for a day’s work preparing a complex court case – effectively less than the minimum wage. Rates have not increased […]

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What you need to know in business news today

What you need to know in business news today

Sri Lanka’s government has information indicating the plotters of the Easter bombings, which killed more than 300 people and wounded 500 others, were reacting to the New Zealand shootings that left 50 Muslims dead in March. (WSJ) The U.S. Treasury and Internal Revenue Service faced a final deadline today for handing over President Donald Trump’s […]

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Robert Mueller

Russia hack of US elections apparently inexpensive

Beginning in March 2016, units of Russia’s military intelligence unit known as GRU hacked the computers and email accounts of organizations, employees and volunteers supporting the Clinton presidential campaign, including the email account of campaign chairman John Podesta, the Mueller report said. The Russian group also hacked the computer networks of the Democratic Congressional Campaign […]

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White House counsel Don McGahn looks on as President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House, Wednesday, Oct. 17, 2018, in Washington.

House Judiciary Committee issues subpoena to former White House counsel Don McGahn

The subpoena calls for McGahn to provide documents to the committee by May 7, and to testify May 21. The documents requested cover a wide range of topics, including those related to the June 2016 Trump Tower meeting between Trump campaign officials and a Russian lawyer, potential pardons for Trump associates and Mueller’s alleged conflicts […]

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488378338

Expected Social Security shortfall won’t stand in way of expansion

For example, if lawmakers were to make no changes until 2035, maintaining a 75-year solvency would require a permanent 3.65 percentage-point increase to the payroll tax rate (for a total of 16.05% that gets split between worker and employer) or a 23% reduction to all benefits starting that year. Meanwhile, more than 200 lawmakers, all […]

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