The Australian Labor Party has pledged to repair the nation’s veterans’ affairs support program if elected to government on May 21. The announcement came one day before ANZAC Day commemorations (April 25), and stated that under the federal government, the current backlog of unresolved claims for veteran support has blown out to 60,000, something Labor…
Court Dismisses Claims Robinhood Wrongly Restricted ‘Meme Stock’ Trades
A U.S. federal court on Thursday dismissed a lawsuit accusing Robinhood Markets Inc. of violating state laws by restricting trades on so-called meme stocks during a January 2021 rally, a move that retail traders allege resulted in billions in losses. Chief Judge Cecilia Altonaga of the federal court in Miami ruled that retail investors cannot…
Volkswagen to Pay $1.5 Million to Settle New Hampshire, Montana Diesel Claims
September 27, 2021
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WASHINGTON—Volkswagen AG on Monday said it has agreed to pay $1.5 million to settle environmental claims with the states of New Hampshire and Montana over post-vehicle updates of software emissions arising from the 2015 diesel cheating scandal. The settlements for about $280 per vehicle is a small fraction of the maximum liability the German automaker…
US Jobless Claims Down 24,000 to 400,000 as Economy Recovers
WASHINGTON—The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession. Jobless claims dropped by 24,000 to 400,000 last week, the Labor Department reported Thursday. The weekly applications have fallen more or less steadily this year—from a peak of 904,000 in early…
US Rejects China Maritime Claims, Calls for ASEAN Action on Burma
July 15, 2021
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Antony BlinkenASEANAsia & PacificBurmaChinaChinese RegimeclaimsExecutive BranchGlobal ExpansionInternational RelationsmaritimePoliticsSpecial TopicsUSUS NewsUS-China relationsWorld
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HANOI—The United States rejects the Chinese regime’s “unlawful” maritime claims in the South China Sea and stands with Southeast Asian countries facing Chinese “coercion”, Secretary of State Antony Blinken said on Wednesday. The Chinese regime rejected Blinken’s comments, which he made in an address in a video conference with foreign ministers from the Association of…
US Weekly Jobless Claims Drop Sharply; Second-Quarter GDP Growth Unrevised
WASHINGTON—The number of Americans filing new claims for unemployment benefits dropped more than expected last week as layoffs subsided, with companies desperate for workers to meet surging demand unleashed by a rapidly reopening economy. Initial claims for state unemployment benefits totaled a seasonally adjusted 406,000 for the week ended May 22, compared to 478,000 in…
US Jobless Claims Fall Again as Some States End Federal Aid
WASHINGTON—The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease. Thursday’s report from the Labor Department coincides with moves by nearly all the nation’s Republican governors to cut…
US Weekly Jobless Claims Fall More Than Expected
WASHINGTON—Fewer Americans filed new claims for unemployment benefits last week amid falling COVID-19 infections, but the near-term outlook for the labor market is unclear after winter storms wreaked havoc in the South region in the middle of this month. Initial claims for state unemployment benefits totaled a seasonally adjusted 730,000 for the week ended Feb….
US Jobless Claims Fall Slightly to 793,000 With Layoffs High
WASHINGTON—The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new confirmed viral infections. Last week’s total declined from 812,000 the previous week, the Labor Department said Thursday. That figure was revised higher from the previously reported 779,000. The numbers point to…
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