General Electric fortifies defense against charges of bogus accounting

General Electric Co reinforced its defense of its accounting practices on Monday after investors asked more questions about an unusual research report last week that accused the jet engine and power plant maker of financial fraud. FILE PHOTO: The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston, Massachusetts, U.S. …

Top U.S. CEOs say companies should put social responsibility above profit

Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday. FILE PHOTO: JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon The group’s “statement of corporate purpose” was …

Saudi-Led coalition attacks military targets in Houthi-controlled Sanaa: Saudi TV

The Saudi-led coalition in Yemen launched an attack on Monday on military targets in the capital Sanaa, which is controlled by the Houthi movement, Saudi state TV reported. The coalition advised civilians to stay away from the targeted areas, state TV added. The Iran-aligned movement’s Al-Masirah TV reported at least six airstrikes by the coalition …

UK PM Johnson writes to Donald Tusk to propose Brexit deal changes

Prime Minister Boris Johnson wrote to European Council President Donald Tusk on Monday to set out his proposals for reaching a new Brexit deal with the bloc ahead of Britain’s planned departure on Oct. 31. FILE PHOTO: European Council President Donald Tusk attends a news conference after the European Union leaders summit, in Brussels, Belgium, …

Factbox: Track Facebook’s fight against disinformation campaigns in 2019

Facebook Inc and Twitter Inc said on Monday they had dismantled a state-backed information operation originating in mainland China that sought to undermine protests in Hong Kong. FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam Social media companies …

UK PM Johnson writes to Donald Tusk to propose Brexit deal changes

Prime Minister Boris Johnson wrote to European Council President Donald Tusk on Monday to set out his proposals for reaching a new Brexit deal with the bloc ahead of Britain’s planned departure on Oct. 31. FILE PHOTO: European Council President Donald Tusk attends a news conference after the European Union leaders summit, in Brussels, Belgium, …

U.S. attorney general shakes up prison bureau after Epstein death

U.S. Attorney General William Barr on Monday shook up the leadership at the federal Bureau of Prisons, removing its acting chief following the suicide of financier Jeffrey Epstein in a New York City jail. FILE PHOTO: U.S. Attorney General William Barr is pictured after a farewell ceremony for Deputy Attorney General Rod Rosenstein at the …

Avenatti says he did nothing wrongful in Nike extortion case

Michael Avenatti, the lawyer and critic of U.S. President Donald Trump, on Monday said he did nothing “wrongful” in dealing with Nike Inc, and asked a federal judge to dismiss the criminal extortion case against him. FILE PHOTO: Attorney Michael Avenatti arrives at United States Court in the Manhattan borough of New York City, New …

Global network’s nuclear sensors in Russia went offline after mystery blast

The operator of a global network of radioactive-particle sensors said on Monday its two Russian sites closest to a mysterious explosion went offline days after the blast, soon followed by two more, fuelling suspicions that Russia tampered with them. FILE PHOTO: Antennas of a testing facility for seismic and infrasound technologies of the Comprehensive Nuclear-Test-Ban …

U.S. attorney general shakes up prison bureau after Epstein death

U.S. Attorney General William Barr on Monday shook up the leadership at the federal Bureau of Prisons, removing its acting chief following the suicide of financier Jeffrey Epstein in a New York City jail. FILE PHOTO: U.S. Attorney General William Barr is pictured after a farewell ceremony for Deputy Attorney General Rod Rosenstein at the …