Federal Reserve Chair Janet Yellen said Tuesday that the Fed still envisions a gradual pace of interest rate increases in light of global pressures that could weigh on the U.S. economy.
A dozen current and former principals from Detroit Public Schools were among those hit with bribery and conspiracy charges by the federal government regarding a scheme to score kickbacks from school supplies that were rarely, if ever, delivered.
The scheme covers the time period between 2009 and 2014 and involves not just the 12 current and former DPS principals, but also the assistant superintendent of the DPS Office of Specialized Student services, Clara Flowers, and a company called Allstate Sales, an authorized school supplies vendor for DPS.
Flowers and the 12 principals have been accused of submitting fraudulent invoices for school supplies to DPS that were either never delivered or only partially delivered, according to complaints filed in the US District Court. In exchange for inaccurately reporting the delivery of these goods to DPS, Allstate Sales would receive payments from DPS, while the company owner Norman Shy would deliver kickbacks to the principals as well as Flowers, according to court documents.
6-wheeled ‘friendly’ delivery droid the latest tech to threaten human jobs
A small plane crashed as it approached a local airport on the Magdalen Islands just off eastern Quebec, Canada, killing seven people, the Canadian Press reported. Police named poor weather conditions such as wind and heavy snow showers as a possible cause of the crash. Police are currently trying to identify the victims. The investigation is in progress.
Sephardic Chief Rabbi Yitzhak Yosef has faced a public backlash after saying that according to Jewish law some non-Jews should be forbidden to live in Israel.
“According to Jewish law, it’s forbidden for a non-Jew to live in the Land of Israel – unless he has accepted the seven Noahide laws,” Rabbi Yosef said during his weekly Saturday lecture on March 26.
Non-Jews who fail to live by the seven Noahide laws should be expelled to Saudi Arabia, he added.
Islamic State jihadists are nursing plans to stage attacks specifically targeting Jewish children’s institutions in Turkey, Sky News reports citing an intelligence source.
Last week, the arrest of six Islamic State (IS, formerly ISIS/ISIL) undercover agents in Gaziantep, southern Turkey, allegedly exposed a new terror plot. IS operatives revealed the terror group plans to stage a series of attacks targeting young Jewish people in Turkey, Sky News says in an exclusive report, citing an unnamed intelligence source.
MedStar, a Washington, DC-area healthcare provider, has reverted to using paper systems after a cyberattack its computer network completely offline.
Starting Monday morning, MedStar’s patients could no longer book appointments, and the healthcare provider’s 30,000 staff and 3,000 physicians were unable to access record systems, check their emails or even look up phone numbers, due to a computer virus infection. The system remained down Tuesday morning.
North Korea has fired a short-range missile into the Sea of Japan, according to a South Korean military official, cited by Yonhap News Agency.
The missile was fired from the North Korean resort town at Wonsan at 5:40 p.m. (08:40 GMT) and flew northeast over the sea for about 200km (124 miles) before it appeared to make contact with land, Yonhap reported.
The armed group Boko Haram has been stealing livestock and using the proceeds to fund its attacks.