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Author Archives: Bloomberg News

FBI: Tech companies should add surveillance tabs to devices

Companies like Apple Inc. and Google Inc. should be required to build surveillance capabilities into their products to help law enforcement with their probes, according to the Federal Bureau of Investigation.

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Yellen says she’s ‘greatly’ concerned by growing inequality

Janet Yellen thrust the Federal Reserve into the debate on inequality in America, saying she’s “greatly” concerned by the most sustained rise in U.S. wealth and income inequality since the 19th century.

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Obama said to favor former counsel Ruemmler to succeed Holder

Former White House Counsel Kathryn Ruemmler has emerged as President Barack Obama’s preferred candidate as the next attorney general, though he hasn’t decided on a nominee and is still weighing other choices, people familiar with the deliberations said.

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Questions linger for executives in AIG trial

The trial over the American International Group Inc. bailout shifts this week from the architects of the 2008 rescue, who spent days testifying as to why they imposed the terms they did on the ailing insurer, to the executives who accepted their demands.

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Police protests spread beyond Ferguson

Clashes over the police shooting of an unarmed black teenager that were confined to a hardscrabble stretch of suburban Ferguson are enveloping the St. Louis area, much of which had watched events unfold safely on the television screen.

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JPMorgan hackers said to probe 13 other firms

The hackers who raided the data banks of JPMorgan Chase & Co. used computers now linked to possible attacks on at least 13 more financial companies, according to a person familiar with the investigation.

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Amazon workers want pay for off-the-clock time

On Wednesday, the top court will hear arguments related to a suit brought by an Amazon worker seeking compensation for his time in the security lines.

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Commentary: Even ignorant cops have to follow law on searches

You don’t need to go to law school to know that ignorance of the law is no excuse –for you. But what about the cops? This morally significant question opened the U.S. Supreme Court term Monday.

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