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  • The US Department of Transportation on Friday turned down a petition by a group of labor unions who sought a federal mask requirement for passengers riding on public transportation, according to a Rolling Stone report.
  • In a letter to the Transportation Trades Department of the AFL-CIO labor federation, the administration took the position of deeming additional rules as unnecessary.
  • The announcement came on the same day that President Trump revealed that he and first lady Melania Trump had contracted the coronavirus.
  • At a virtual town hall on Saturday, Democratic presidential nominee Joe Biden said that the department “stupidly” rejected the petition.
  • Visit Business Insider’s homepage for more stories.

The US Department of Transportation on Friday turned down a petition by a group of labor unions who sought a federal mask requirement for passengers riding on major modes of transit, including airplanes, buses, trains.

In a letter to the Transportation Trades

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  • A current federal proscutor said in a letter this week that US Attorney General Bill Barr “has brought shame” on the Department of Justice.
  • “The attorney general acts as though his job is to serve only the political interests of Donald J. Trump,” wrote James D. Herbert, assistant US attorney for the District of Massachusetts.
  • Herbert cited Barr’s misleading claims about the Mueller report and mail-in voting.
  • “This is a dangerous abuse of power,” Herbert wrote.

Attorney General Bill Barr “has brought shame” on the US Department of Justice, a current federal prosecutor wrote in a highly unusual public call-out, decrying “the unprecedented politicization of the officer of the attorney general.”

“The attorney general acts as though his job is to serve only the political interests of Donald J. Trump,” James D. Herbert, assistant US attorney for the District of Massachusetts, wrote in a September 24 letter published by The

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I shorted Nordstrom (JWN) again this week after posting my momentum sort results on struggling Midcap S&P 400 picks. After mentioning the stock in a bearish article in early May, Nordstrom has continued to slide in price and underlying value.

Nordstrom operates large physical, mall-centered store locations that require high rent payments and overhead costs. When the company was forced to shutter retail stores from the U.S. coronavirus pandemic response, it’s sales and cash flow plummeted. And, with much greater logistical effort to close and restart sales than the typical department store or online retailer, this high-end clothing and fashion boutique has struggled throughout 2020.

Image Source: Company Website

To illustrate just how rotten business has been for Nordstrom, and the difficult investment headwinds for the stock, I have pictured some Seeking Alpha data points to consider below. The Quant, computer-driven score for the company is one of the

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FORT WAYNE, Ind. (WANE) – As the Halloween season arrives, one haunted business has prepared to open, with help from the Allen County Health Department. Hysterium Haunted Asylum has made adjustments in anticipation of welcoming guests beginning Friday.

While some Halloween themed attractions like the Haunted Castle have decided not to open this year because of the pandemic, Hysterium has laid out a plan for guests. Group sizes will be restricted and social distancing will be enforced. Temperature checks and hand-santizing stations have also been planned.

A key change in the way Hysterium in welcoming guests this year is found in the ticketing process. Tickets are sold online with specific timeslots, to prevent groups of people waiting at the building for long periods of time.

According to a spokesperson for the Health Department, any haunted house-type business that plan to open must follow the guidelines for entertainment venues in the

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The US Commerce Department announced Friday that it will ban downloads of Chinese-owned social media apps WeChat and TikTok beginning Sunday. 

With this announcement, the Commerce Department is enforcing the two executive orders signed by President Donald Trump in early August, which addressed what he labelled as the national security threat posed by the pair of Chinese apps. Trump’s orders branded TikTok and WeChat a “national emergency” with respect to the information and communications technology and services supply chain.

The August 14 order gave TikTok’s parent company ByteDance 45 days to sell its business in the US. According to the order, any transaction with TikTok’s owner or its subsidiaries would be prohibited. The second order similarly prohibited any transaction that is related to WeChat by any person, or with respect to any property, subject to the jurisdiction of the US, with Tencent Holdings.

With this ban now set to go

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Nikola founder and executive chairman Trevor Milton.


  • Nikola’s stock price tanked up to 8% in pre-market trade on Wednesday after the US Justice Department joined the SEC in probing fraud claims against the company. 
  • The SEC announced this week it will investigate the electric truck-maker for “intricate fraud”.
  • The company’s stock has had a volatile week, including jumping on news of a $2 billion deal with General Motors and tanking on a scathing short-seller report by Hindenburg research last week. 
  • Visit Business Insider’s homepage for more stories.

Nikola shares fell as much as 8% in pre-market trade on Wednesday, after the Justice Department joined forces with the SEC in examining claims the electric-vehicle start-up is a fraud.

The Wall Street Journal reported Wednesday, citing confidential sources, the Justice Department’s inquiry is being handled by the Manhattan U.S attorney’s office, working in tandem with the Securities and Exchange

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An income tax notice under section 142(1) (i) may be issued requiring the taxpayer to furnish the return if not filed within the due date.

With significant digitisation, tax authorities now have wider access to taxpayer information, and are able to adopt higher level of analysis on the same. One fallout of this is that taxpayers are nowadays receiving significant number of notices, automated or otherwise, from the income tax authorities. It is, therefore, important to understand their significance and how these may be responded to.

Here are some common reasons why income tax notices are issued and the process for responding to such notices:

1. Notices to ensure filing of tax returns

Automated reminders are issued ahead of the due date requiring taxpayers to file the tax returns in a timely manner to avoid penalties. An income tax notice under section 142(1) (i) may be issued requiring the taxpayer

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American Water (NYSE: AWK), the nation’s largest publicly traded water and wastewater utility company, announced today it was awarded the 2020 Secretary of Defense Employer Support Freedom Award (Freedom Award) by the Department of Defense’s Employer Support of the Guard and Reserve (ESGR) Program. The Freedom Award is the highest recognition given by the U.S. government to employers for their support of employees serving in the National Guard and Reserve.” data-reactid=”20″American Water (NYSE: AWK), the nation’s largest publicly traded water and wastewater utility company, announced today it was awarded the 2020 Secretary of Defense Employer Support Freedom Award (Freedom Award) by the Department of Defense’s Employer Support of the Guard and Reserve (ESGR) Program. The Freedom Award is the highest recognition given by the U.S. government to employers for

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WASHINGTON (Reuters) – The U.S. Labor Department said on Thursday it was changing the methodology used to address seasonal fluctuations in its weekly unemployment claims data, which economists complained was less reliable because of the economic upheaval caused by COVID-19.

FILE PHOTO: Signs advertising an open house are pictured during the global outbreak of coronavirus (COVID-19), in Pasadena, California, U.S. March 15, 2020. REUTERS/Mario Anzuoni/File Photo

The department said in a statement that starting next Thursday, it would use additive factors to seasonally adjust the initial claims and continued claims data instead of multiplicative factors.

“A multiplicative seasonal effect is assumed to be

proportional to the level of the series. A sudden large increase in the level of the series will be accompanied by a proportionally large seasonal effect,” the department said.

“In contrast, an additive seasonal effect is assumed to be unaffected by the level of the series.”

The

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Nola Sprester (left) and Kendra Lauersdorf present a donation collected fro a book drive to Oconomowoc Police Department Officer Pat Hogan. The book drive collected $170 for the department. (Photo: Submitted)

Cleaning out some old books from her room led to a small but noteworthy donation to the Oconomowoc Police Department from an Oconomowoc girl.

Nola Sprester, 9, held a book drive and collected $170 in monetary donations, which she gave to the police.

The idea came while Nola and her mom, Jennifer Laack, were cleaning out Nola’s room and decided to get rid of her old books.

The two of them set up a table outside their home with the books and let people take as many they wanted and donate as much as they wanted.

Laack said some people left money without taking any of the books. Any books left over were donated to Goodwill’s Oconomowoc location. 

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