Archive for the ‘Eric Holder’ Category

Uber reveals latest financials: Bookings up, losses down – The Mercury News

SAN FRANCISCO Uber increased its bookings by 17 percent and shrunk its losses by 9 percentin the second quarter of this year, showing that the controversy surrounding the ride-hailing giant hasnt halted the companys growth.

Uber saw gross bookings of $8.7 billion, up 17 percent from the quarter before and doubled from the prior year, the ride-hailing company confirmed to this news organization Wednesday. And while the San Francisco-based company is making more money on rides, it also continues to successfully trim its massive losses. The worlds most valuable startup reported adjusted net losses of $645 million a drop of almost 9 percent from the quarter before, and 14 percent year-over-year.

Tech and politics news website Axiosfirst reported the numbers.

The ride-hailing startup had $6.6 billion in cash at the end of the second quarter, down from $7.2 billion the quarter before.

Recent scandals have tarnished the companys image, forced founder Travis Kalanickto resign as CEO, and plunged the board into a bitter power struggle that ended up in court. Uber recently brought former Attorney General Eric Holder in to investigate accusations sexual harassment, sexism and other inappropriate behavior at the company, leading to the firing of 20 employees. Uber also is fighting a lawsuit that claims the ride-hailing startup stole self-driving car trade secrets from rival Waymo. And Uber faces a criminal probe into its use of Greyball, a secretive software tool that employees used to evade law enforcement stings.

That series of events generated a publicity nightmare for Uber, spawning the #DeleteUber campaign, and giving smaller ride-hailing rival Lyft a push. But while Uber is attempting to clean up its image searching for a new CEO and implementing a laundry list of changes suggested by Holders team the company also has taken big steps to shrink its losses.

Last month Uber ceded control of the Russian market, merging with rival Yandex. A year ago, Uber sold its Chinese business to rival Didi Chuxing, after losing $2 billion during the two years it operated in the country.

Go here to read the rest:
Uber reveals latest financials: Bookings up, losses down - The Mercury News

Pardon could right wrongs for Sheriff Joe – Portage Daily Register

President Trump is seriously considering pardoning Joe Arpaio, the Arizona sheriff who was convicted July 31 of misdemeanor contempt of court for ignoring a judges order to quit detaining those he suspected of being illegal immigrants.

Is there anyone in local law enforcement who has done more to crack down on illegal immigration than Sheriff Joe? asks Mr. Trump. He has protected people from crimes and saved lives. He doesnt deserve to be treated this way.

Mr. Arpaio is scheduled to be sentenced Oct. 5 and could be subject to six months in prison. He hasnt asked for a pardon but says he would take it if offered, because Im 100 percent not guilty.

The left is in a dither about prospects of the pardon because the sheriff, who called himself the toughest sheriff in America, made his reputation enforcing immigration law when the Obama administration wouldnt. Cecilia Wang of the ACLU complains that a Trump pardon for Mr. Arpaio would undo a conviction secured by his own career attorneys at the Justice Department, and predictably adds that it would be an official presidential endorsement of racism.

The prosecution of the sheriff has smelled like politics from the beginning. This started under Attorney General Eric Holder and President Obama 60 days after they took office, Mr. Arpaio told a radio interviewer the other day. Here it is, eight, nine years later, and all they can get me for which Im not guilty of is contempt of court.

Mr. Arpaio, who lost a bid for re-election to a seventh term as sheriff in November, recalls that the day before early voting, (the Obama Justice Department) announced they were going to charge me. Two weeks later, they charged me two weeks before (Election Day) so this was a political, political hit job. They got what they wanted. They got rid of me.

Those on the left who are in a snit at the prospect of a Trump pardon for reversing a prosecution of a previous administration did not object when Mr. Obamas Justice Department, under the supervision of Eric Holder, dropped charges brought by the George W. Bush administration against members of the New Black Panther Party. The Panthers were accused of intimidating white voters at Philadelphia polling stations at the 2008 election.

The president can expect an angry reaction if he pardons the sheriff. This is the season of angry reactions in a summer of hysteria. He should not let the ritual cry of racism deter him if he decides that a pardon is the right thing to do.

Follow this link:
Pardon could right wrongs for Sheriff Joe - Portage Daily Register

Jeff Sessions, Eric Holder and Freedom of the Press – Newsmax

The U.S. attorney general proudly trumpets, "We have tried more leak cases . . . during the course of this administration than any other." Critics from across the aisle call for his resignation. Despite pressing no charges, the Justice Department has labeled one respected investigative reporter a criminal "co-conspirator." The Washington Posts Leonard Downie concludes, efforts to control information are "the most aggressive since the Nixon administration."

These events transpired in 2012 and 2013. The president at that time? Barack Obama. The attorney general? Eric Holder. The journalist? Fox News reporter James Rosen. And the critics fighting to protect journalists first amendment right to free speech? Leaders from the Republican Party.

Resistance to the Obama administrations leak investigations was well placed. Whistleblowers, in partnership with journalists, can expose government overreach and error. Consider leaks and associated reporting on the National Security Agencys (NSA) illegal surveillance of U.S citizens or the over one billion dollars of taxpayers money wasted on the NSA's Trailblazer Project.

Fast forward to 2017 and U.S. Attorney General Jeff Sessions is building the case for even greater government power. Hes considering strengthening the Justice Departments powers to, during a leak investigation, subpoena a journalist to demand that they reveal their source as well as phone or email records. This is a direct attack on the foundations of Americas democracy.

I do not begrudge Sessions for pursuing legal action against public officials who leak. With civil disobedience comes consequences. Threats to national security mean leaking classified information can jeopardize governments primary role protecting its citizens.

Government exerting authority over journalists, however, is an entirely different matter. Currently, the Justice Department, led by Sessions, determines its own guidelines regarding when a journalist is issued with a subpoena requiring them to reveal information. This is the equivalent of a baseball pitcher changing the rules to widen the strike zone.

Following Sessions announcement, U.S. House Speaker Paul Ryan, R-Wis.,defended journalists saying national security threats are "the problem of the leaker, not the journalist."

There is a way better way to balance national security with press freedoms. If Sessions wants to "respect the important role of the press," as he has stated, he should seek independent oversight from a judge to determine whether subpoena of a journalist is justified. If a leak is truly a threat to national security, and obtaining information from journalists would mitigate that threat, a judge can make that determination using a strict legal standard.

Increased judicial oversight of subpoenas reflects a bipartisan proposal, put forward in 2013 by Sens. Lindsey Graham, R-S.C., and Chuck Schumer, D.-N.Y. The senators spoke of the important "check and balance" provided by the courts to prevent the whim of an attorney general using government power unfairly. Subsequently translated into Free Flow of Information Act, amidst debate over the definition of a journalist, the Acts momentum has petered out. The principles underpinning this Act must now be rekindled.

As part of his promise to crackdown on leakers, Sessions explained the press cannot "place lives at risk with impunity." He presented no evidence of harm caused by recent leaks. No Edward Snowden or Chelsea Manning equivalent. The only specific leak cited by Sessions was the transcripts of Trump talking to foreign leaders potentially leaked from the White House itself. It seems the arsonists have arrived to put out the fire.

Look to history to observe the impact of a crippled press on democracy. During his three-decade reign of the Soviet Union, Communist Dictator Joseph Stalin systematically decimated the free press. Through censorship and persecution of mainstream society, the state controlled what people watched, listened to and were allowed to say. Stalin once said, "print is the sharpest and the strongest weapon of our party."

Trump has already sought to discredit all but the most administration friendly media including unprecedented censorship in the White House press briefing room. His daughter-in-law has started a "Real News" series on Facebook essentially state sanctioned propaganda. He has overturned Internet privacy laws that prevented companies sharing your browsing history and location. Just this week, the Department of Justice has demanded an Internet service provider, Dreamboat, reveal the identities of all 1.3 million visitors to a website critical of Trump. Thats a direct affront to free association and speech.

Conservatives both voters and in Congress face a choice. Will they stand for traditional conservative values freedom of speech, small government, and support for the constitution and rule of law? Or will they support, tacitly or otherwise, the Trump administrations increasingly authoritarian regime?

In searching for your answer, I implore you to rise above partisan rancor and support a free press. The future of Americas democracy depends on it.

Matt Tyler is an economist who works to improve government effectiveness with a particular focus on social services. Tyler is a former management consultant, where he supported executives in developing and implementing strategy across financial services, telecommunications, manufacturing, postal services, and retail. He worked as an economist for Australias foreign service and as a policy adviser to the Federal Australian Labor Party on economic and social policy. He has also worked for Third Sector Capital Partners where he assisted with the construction of two Social Impact Bonds in Salt Lake City. He is currently completing a Master of Public Policy at Harvards Kennedy School of Government. He tweets as @matt_b_tyler. To read more of his reports Click Here Now.

2017 Newsmax. All rights reserved.

Go here to read the rest:
Jeff Sessions, Eric Holder and Freedom of the Press - Newsmax

Trump DOJ ends Holder-era ‘Operation Choke Point’ | Fox News – Fox News

The Trump Justice Department is ending an Obama-era program that had attempted to cut off credit to shady businesses but came under fire from Republicans for unfairly targeting gun dealers and other legitimate operations.

Just days after top House Republicans had pressed Attorney General Jeff Sessions to shutter Operation Choke Point, the department confirmed in a response letter that the program is dead.

All of the Departments bank investigations conducted as part of Operation Chokepoint are now over, the initiative is no longer in effect, and it will not be undertaken again, Assistant Attorney General Stephen Boyd said in the Aug. 16-dated letter, calling it a misguided initiative from the prior administration.

House Judiciary Committee Chairman Bob Goodlatte, R-Va., and the other GOP lawmakers had written to the DOJ last week asking the administration to formally repudiate the programs guidelines.

Goodlatte and others behind the letter applauded the reversal Friday, saying in a statement: The Obama Administration created this ill-advised program to suffocate legitimate businesses to which it was ideologically opposed by intimidating financial institutions into denying banking services to those businesses. By ending Operation Choke Point, the Trump Justice Department has restored the Departments responsibility to pursue lawbreakers, not legitimate businesses.

The program, launched when Eric Holder was attorney general, attempted to discourage banks from offering financial services tohigh risk customers a list that included short-term lenders and firearms dealers but was accused of hurting legal businesses in those categories.

REPUBLICANS PRESS DOJ TO END OBAMA-ERA PROGRAM

"Operation Choke Point was an Obama Administration initiative that destroyed legitimate businesses to which that Administration was ideologically opposed (e.g., firearms dealers) by intimidating financial institutions into denying banking services to those businesses," the GOP lawmakers wrote last week.

The lawmakers called for formal policy statements from several agencies to end such practices.

Boyds letter to Goodlatte and other lawmakers, obtained by Fox News, seemed to answer their call.

We share your view that law abiding businesses should not be targeted simply for operating in an industry that a particular administration might disfavor, Boyd wrote.

Boyd noted that the Federal Deposit Insurance Corporation earlier had rescinded its list of supposedly high-risk merchants, and said the Justice Department strongly agrees with that withdrawal.

The letter from Republican members of Congress last week said that list had hurt the ability of some businesses to borrow.

The letter also said Obama administration attorneys, over the course of six months in 2013, issued as many as 60 administrative subpoenas to banks doing business with gun-related entities including payday lenders.

Fox News' Judson Berger contributed to this report.

Go here to read the rest:
Trump DOJ ends Holder-era 'Operation Choke Point' | Fox News - Fox News

Eric Holder calls out Trump over Charlottesville attack and …

Former Attorney General Eric Holder took to Twitter Sunday to criticize those who stopped short of calling the heinous attack in Charlottesville, Virginia, terrorism, but was instantly reminded of his own shortcomings on that topic.

If ISIS rammed a car into a crowd this would be labeled quickly & logically, he tweeted on his official account.

Charlottesville, he added, call it what it is, domestic terrorism.

President Donald Trump was widely criticized for his statement denouncing the attack that took a protesters life. Many said that it wasnt clear enough in condemning the violence from what appears to be a member of a white nationalist group.

But as many on social media pointed out, Holders criticism seemed disingenuous given that he was lambasted for designating the Fort Hood attack as workplace violence, instead of calling it terrorism.

The 2009 attack by Maj. Nidal Hasan left 13 dead and more than 40 wounded. Hasan had given many warning signs that he was being radicalized by Islamist ideology, but they were ignored until he went on his murderous spree.

The Charlottesville attack has occasioned an onslaught of criticism against the Trump administration, with many on the left attempting to blame the violence on rhetoric from the president.

Trump allies, like former Gov. Mike Huckabee,have defended the president, saying he would have been assailed by the left no matter what he said.

See original here:
Eric Holder calls out Trump over Charlottesville attack and ...