Economy

Economy

Panama’s president defends his country’s financial institutions

Panamanian President Juan Carlos Varela defended his country’s financial reputation and reiterated Panama’s commitment to greater transparency Tuesday in the wake of the leak of millions of documents that show ties between world leaders and a Panamanian law firm that specializes in setting up shell corporations.

Congress

McCain, Roberts lock horns on Senate floor over Obama’s Army nominee

Arizona Sen. John McCain pleaded with a fellow Republican, Kansas Sen. Pat Roberts, on the Senate floor Thursday to withdraw his objection and allow a vote on Eric Fanning to be Secretary of the Army. But Roberts wouldn’t budge, again citing his opposition to President Barack Obama’s proposal to close the Guantanamo Bay prison and transfer its detainees to U.S. sites, including, potentially, Fort Leavenworth in Kansas.

Economy

Airbnb’s rapid growth in Cuba comes with a few problems

Cuba is reportedly Airbnb’s fastest-growing market. Since embarking on cozier relations with Cuba leader Raúl Castro 15 months ago, the Obama administration has been eliminating stiff regulations on travel and commerce, which has expanded opportunities for Americans to visit the island.

National

Analysts see business benefit in Apple’s battle with FBI

Apple’s decision to refuse the FBI’s demand to unlock the iPhone of San Bernadino shooter Syed Farook, which Apple CEO Tim Cook has portrayed as a principled stand to protect the data of all iPhone users, is also likely to be good for business, analysts of the hotly competitive cell phone market said Thursday.

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Woman finds 250-pound alligator swimming in her pool

Temple Terrace, Fla. resident Elizabeth Foster recently found an alligator swimming in her pool. With the help of a trapper, the alligator—dubbed "Loch Ness" by Foster—was safely removed from her property two hours later.
Courtesy Elizabeth Foster via YouTube
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Woman finds 250-pound alligator swimming in her pool

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Why a Kentucky Derby hat needs the thrill factor

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Michelle Obama and Jill Biden honor companies pledging to hire, train veterans and military spouses

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'The dance Force' is strong with the Obamas