Search Results for: Justice Department
U.S. succeeds in cracking Apple’s iPhone, drops legal action
March 29th, 2016
The U.S. Justice Department said on Monday it had succeeded in unlocking an iPhone used by one of the San Bernardino shooters and dropped its legal case against Apple, ending a high-stakes legal battle but leaving the broader struggle ...
Goldman-1MDB Probe Zeroes In on Bond Deals
March 22nd, 2016
Investigation focuses on whether Wall Street firm misled investors when it sold securities issued by Malaysian fund U.S. authorities are investigating whether Goldman Sachs Group Inc. misled bondholders when the firm sold securities issued by a Malaysian government-investment fund that is at ...
Apple Unveils Smaller-Screened iPhone SE to Jump-Start Sales
March 22nd, 2016
Cook on FBI fight: `We will not shrink from responsibility’ Newest phone, aimed at emerging markets, will arrive March 31 Apple Inc. unveiled a new, smaller iPhone that will start at $399, seeking to jump-start sales of its flagship product ...
Sachs probed in alleged Treasury rigging
March 21st, 2016
Washington’s probe into the alleged rigging of the $13 trillion US Treasurys market by Wall Street banks has narrowed its focus to a handful of firms — including Goldman Sachs, The Post has learned. In addition, European authorities have ...
Toshiba confirms SEC investigation as accounting woes spread to US
March 18th, 2016
Securities commission and justice department examining ‘accounting problem’ at US units, says Japanese corporation, amid profit-padding crisis Toshiba has announced its US businesses are cooperating with authorities over alleged accounting irregularities and is to cut a further 3,000 jobs. The ...
Apple Lambasts The FBI For Not Asking The Nsa To Help Hack That Iphone
March 16th, 2016
IN THE SHOWDOWN between Apple and the Justice Department over an iPhone used by one of the San Bernardino shooting suspects, one question has loomed large. Why hasn’t the FBI sought assistance from the National Security Agency—which employs some of ...
Apple ‘raised technological barriers’ to stop warrant in iPhone case: U.S. government
March 11th, 2016
The U.S. Justice Department on Thursday said Apple Inc’s (AAPL.O) rhetoric was “false” in a high-profile fight over the government’s bid to unlock an encrypted iPhone belonging to one of the San Bernardino shooters. Last month, the Federal Bureau ...
Two Cayman Island Financial Institutions Plead Guilty in Manhattan Federal Court to Conspiring to Hide More Than $130 Million in Cayman Bank Accounts
March 10th, 2016
Cayman Companies Admit to Helping U.S. Taxpayer-Clients Hide Assets in Offshore Accounts, and Agree to Produce Account Files of Non-Compliant U.S. Taxpayers First Conviction of Non-Swiss Financial Institution For Tax Evasion Conspiracy U.S. Attorney Preet Bharara for the Southern ...
Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe
March 8th, 2016
Prosecutors seeking information about state investment fund Outside law firm said helping Goldman review 1MDB dealings A former Goldman Sachs Group Inc. banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities ...
Microsoft, Google Join Rivals to Back Apple in FBI Fight
March 4th, 2016
Tech competitors argue privacy, security threatened in case San Bernardino shooting victim among those supporting Apple Tech giants including Microsoft Corp. and Google set aside often fierce rivalries to back Apple Inc. in its fight against a judge’s order ...
