Twitter wants to remove American regulation of data use

Twitter is asking a federal court to overturn an FTC ruling that restricts its data security procedures.

Since Twitter complied with a 2011 consent order alleging major data security breaches, the FTC has been keeping a close eye on the business. But after Elon Musk took control of the ...

AUSTRALIAN COURT REJECTS A CHALLENGE ON INTERNATIONAL TRAVEL BAN

Highlights:

• Australian court rejected a challenge on the ban in most international travel
• Australia alone among all the developed democracies, which is presenting its citizens from leaving the country

On Tuesday, an Australian court ...

FEDERAL COURT IN AUSTRALIA PENALIZES NAB FOR LOAN SELLING SCHEME

HIGHLIGHTS

• The federal court fined Nation Australia Bank has been fined $15 million for its program of permitting unlicensed and untrained people to do sales of their home loans scheme to borrowers

The bank admitted to 260 breaches of the Credi...

HONDA TO SETTLE ITS ALLEGATIONS OVER AIRBAG SAFETY FAILURES

Highlights –

• Honda to settle its allegations over airbag safety failures.
• Honda reached a settlement of $85 million with multiples states who had filed a suit against the same.
• The airbag systems were designed and made by Takata Corp...

STEVE BANNON, THE FORMER WHITE HOUSE ADVISER ARRESTED FOR A FRAUD SCAM

Highlights –

• Steve Bannon, the former White House adviser arrested for a fraud scam.
• He and three others were involved in a fraudulent fundraising scheme called – “We Build The Wall”.
• The group had raised around $25...

The Supreme Court ruled against the central bank of Iran in relation to reimbursement for the 1983 bombing of Beirut

On Monday, the Supreme Court issued a ruling by a New York federal court of appeals that would have required families of those killed in the 1983 U.S. attack. Marine barracks in Beirut, Lebanon, to lead in raising $1.68 billion worth of claims against Iran's central bank.

The top co...

Global Trade Concerns cause Australian healthcare stocks to go down

On 03 December 2019, the Australian Stock Market experienced a significant percentage drop and finished with a fall of 2.2 percent, or 150 points, in the S&P / ASX200 after the USA, at 6712.3. President Donald Trump announced that tariffs on imported steel from Argentina and Brazil should be ...