Prosecution push aims to curb smartphone thefts with kill switches
New York Attorney General Eric Schneiderman and San Francisco District Attorney George Gascon announced a meeting with Apple Google Samsung and Microsoft to urge mandatory kill switches on smartphones. They cite 1.6 million theft victims in 2012 and note that stolen devices caused $30 billion in losses, while Find My iPhone offers a partial remedy.
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Lawmakers push to slash Iran oil exports amid sanctions push
U S lawmakers pursue a drastic sanctions plan to cut Iranian crude imports by up to 1 million barrels per day within a year, aiming to curb Tehran's exports even as current levels sit around 700 000 bpd in May. Analysts warn the move could raise global oil prices and strain relations with buyers like China and India.
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Chocolate giants charged in Canada price fixing case
Canada’s Competition Bureau charged Nestle and Mars with colluding to fix chocolate prices. Hershey Canada expected to confess and seek leniency. Mars vows to vigorously defend. The case follows related settlements in a major class action, with a parallel U.S. suit progressing in Pennsylvania.
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Back to the Futures: Friday Grain and Fuel Price Talk
The Gazette runs a weekly quick discussion titled Back to the Futures reviewing grain and livestock prices, gasoline trends, and other market topics each Friday.
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