U.S. Supreme Court to hear religious bias claim against Postal Service

By Andrew Chung (Reuters) -The U.S. Supreme Court on Friday agreed to hear an appeal by an evangelical Christian former mail carrier in Pennsylvania who accused the U.S. Postal Service of religious bias after being reprimanded for refusing to deliver packages on Sundays. The justices took up Gerald Groff’s case after lower courts dismissed his …

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Airbus withdraws from U.S. FAA Boeing safety culture panel

By David Shepardson WASHINGTON (Reuters) – European planemaker Airbus said it had withdrawn from a U.S. government-named panel reviewing Boeing’s safety processes and how they influence Boeing safety culture after two fatal 737 MAX crashes in recent years killed 346 people. The Federal Aviation Administration’s (FAA) panel named last week includes MIT lecturer and aerospace …

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Donald Trump’s company sentenced to pay $1.61 million penalty for tax fraud

By Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) -A New York judge on Friday sentenced Donald Trump’s namesake real estate company to pay a $1.61 million criminal penalty after it was convicted of scheming to defraud tax authorities for 15 years. Justice Juan Merchan of the Manhattan criminal court imposed the sentence, the maximum …

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Four Bulgarians charged in probe of crypto lender Nexo

By Tsvetelia Tsolova SOFIA (Reuters) – Four Bulgarians have been charged with participating in an organised crime group set up to launder money and commit tax and computer fraud, investigators and prosecutors probing crypto lender Nexo said on Friday. Prosecutors on Thursday said they launched an investigation into alleged illegal activities conducted by Nexo, carrying …

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India lets banks use face recognition, iris scan for some transactions – sources

By Nikunj Ohri NEW DELHI (Reuters) -The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using …

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Google says India antitrust ruling to drive up costs for app developers

(Reuters) -Alphabet Inc’s Google said on Friday that India’s new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers. The Competition Commission of India (CCI) in October fined Google $161 million for exploiting its dominant position in Android, and asked it …

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U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses

(Reuters) – The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that seeks to ban companies from having non-compete clauses with workers, saying such a move would harm economic growth and limit competition. The FTC proposed the rule last week that would ban companies from requiring workers …

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China acquires ‘golden shares’ in two Alibaba units

BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd, business registration records showed, as Beijing extends a campaign to strengthen control over online content. Beijing has been taking ‘golden shares’ in private online media and content companies for more than five years, …

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