Author: Press Room
A 4th U.S. Circuit Court of Appeals panel on Tuesday struck down Maryland’s handgun licensing law in a 2-1 ruling.The law, whose requirements include fingerprint submissions and completion of a four-hour firearms safety course, was deemed unconstitutionally restrictive.”The challenged law restricts the ability of law-abiding adult citizens to possess handguns,” the court’s opinion read, “and the state has not presented a historical analogue that justifies its restriction.”A federal appeals court on Tuesday struck down Maryland’s handgun licensing law, finding that its requirements, which include submitting fingerprints for a background check and taking a four-hour firearms safety course, are unconstitutionally restrictive.In a…
Israel’s government has approved a hostage deal — a major diplomatic breakthrough amid the war. The outline includes the release of 50 hostages who are in Gaza. The deal comes as Israeli forces continue their extensive ground operations in the Gaza Strip. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Israel’s cabinet approved a hostage release deal on Wednesday in the early morning in Israel, a major diplomatic breakthrough that comes more than six weeks into the devastating war between the two sides. The outlined…
Kamakura Foods, a Hong Kong start-up founded by a Japan-educated former Sony chip engineer, is challenging the bento market in Japan, where the boxed lunches originated. The company is planning its entrance not through providing the food itself, but by introducing a tech platform for serving bentos automatically.Bentos fill bellies across Japan every day, especially those of businesspeople during busy lunch hours. Some are made at home, but many thousands are sold at convenience stores and specialised bento shops, and even by restaurants to meet peak lunch hour demand.The company, which uses the brand name Wada Bento, has sold more…
© Reuters. FILE PHOTO: A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha By Brigid Riley TOKYO (Reuters) – The held around 2-1/2-month lows after minutes of the Federal Reserve’s last meeting did little to dislodge market expectations that its monetary tightening cycle was over. The Fed minutes showed the central bank would proceed “carefully” and that “all participants judged it appropriate to maintain” the current rate setting. Fed officials agreed they would only raise interest rates if progress in controlling inflation faltered, reiterating recent comments by policymakers that left the door…
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect NEW YORK – U.S. stock markets experienced a pullback on Tuesday as investors awaited the release of the Federal Open Market Committee (FOMC) Minutes, seeking insights into the central bank’s monetary policy direction. This cautious sentiment was further influenced by a disappointing Existing Home Sales report, which showed a decline significantly exceeding expectations. The saw a retraction, hovering around the 4530 mark. The downturn reflects investor caution and is viewed as a potential normalization following the recent upward trends in the market. Similarly, the tech-heavy decreased to approximately 15,900 points. Despite…
© Reuters. Investing.com– Oil prices moved little in Asian trade on Wednesday after industry data pointed to a substantial build in U.S. inventories, while traders continued to hold out for more supply cuts by the Organization of Petroleum Exporting Countries. Data from the (API) showed that U.S. stockpiles likely grew over 9 million barrels in the week to Nov. 17, substantially more than expectations for a build of 1.5 million barrels. Gasoline inventories saw a draw of 1.8 million barrels, while distillates fell 3.5 million barrels. The API data signaled a fourth straight week of builds for U.S. inventories, indicating…
Guess? down 15% on Q3 misses, lowering fiscal 2024 guidance
The Voting Rights Act, a landmark law that has for decades protected Black Americans from attempts to erode their political power, was dealt one of its most significant challenges this week when a federal appeals court moved to strike down a crucial part of the legislation.But the ruling on Monday, which would block private citizens and civil rights groups from suing under a key provision of the law called Section 2, is just one of dozens of threats the law has faced: The Voting Rights Act has been under sustained legal and political assault since the day Lyndon B. Johnson…
WASHINGTON, DC – MAY 19: Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service … [+] speaks at a Senate Appropriations Subcommittee hearing on Capitol Hill May 19, 2021 in Washington, D.C. (Photo by Samuel Corum-Pool/Getty Images)Getty Images It didn’t take long after the IRS announced an additional delay in enforcing the new $600 reporting threshold for Forms 1099-K (more here) to garner reactions across the country. National Taxpayer Advocate Erin Collins issued the following statement: The IRS’s decision to delay implementation of the new Form 1099-K reporting requirements is good news for taxpayers, tax professionals, and payment processors.…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Toyota advert showing a large number of pick-up trucks driving across a river has been banned by the UK’s advertising agency on environmental grounds because it shows the vehicles driving off-road. The Advertising Standards Agency ruled that the clip showed “driving regardless of its purpose, across off-road environments and natural ecosystems, which had no regard for the environmental impact of such driving”. The 30-second advert shows a group of Hilux vehicles driving together in a herd-like formation across a plain, then through a…