Americas

Headlines

Effort, not ability, may explain the gap between American and Chinese pupils

WHETHER a teenager grasps calculus is not obviously an issue of geopolitical importance. Yet since the first Programme for International Student Assessment (PISA) in 2000, the poor performance of American pupils in the global test has worried policymakers. Not least since Chinese pupils, or at least residents of Shanghai, are at or near the top...

The Texas Legislature’s special session grinds to a halt

Spot the governor THE Texas House of Representatives adjourned on August 15th, after a special legislative session that left many legislators, on both sides of the aisle, a bit dyspeptic. “The problem continues to be that politics rather than policy is driving the bus,” said Chris Paddie, a Republican representative from east Texas, that evening....

Women alone are driving a recovery in workforce participation

IF THERE were a list of common complaints about America’s economy, the fact that too few people work would be near the top. Though unemployment is low—only 4.3% in July—the figure does not include those who are jobless either by choice, or because they have given up looking for work. The proportion of those aged between 25 and 54 in work...

The far right—a user’s manual

Many sides in Madison Square AMERICA is not about to be overrun by neo-fascists. Most politicians have no difficulty condemning the far right. The Republican National Committee chairman has told white supremacists, “We don’t want your vote.” Yet this floppy fringe should not be taken lightly. “As a speaker, Hitler exercises astonishing sway...

Minorities, the elderly and women are drinking much more alcohol

Got to give it up, that stuff THE White House has plans to declare the opioid crisis a national emergency. This concern is justified: in their legal and illegal forms, opioids kill an American every 16 minutes. Yet a focus on opioids has eclipsed the damage caused by an even deadlier, more common substance. Between 2006 and 2010, an average of 106,765...

Finance

Pendo Systems name Ruth Wandhöfer, a globally recognized banking expert, to their Board of Directors

Pendo Systems is proud to announce that Ruth Wandhöfer, Global Head of Regulatory and Market Strategy at Citi, has joined their board. Ms. Wandhöfer is a banking regulatory expert and one of the foremost authorities on transaction banking regulatory matters. Her reputation has been built around her ability to drive regulatory and industry dialogue...

Implications of the money laundering law reform

The amendment to the money laundering law approved in the first debate requires accountants, lawyers and real estate agents to report suspicious transactions made by their clients.Bill 19.951 reforming the Law on Narcotic Drugs, Psychotropic Substances, Drugs of Unauthorized Use, Related Activities, Legalization of Capital and Financing of Terrorism...

Wall Street finishes flat ahead of earnings season, key US-China meeting

It was a fairly flat session on Wall Street overnight, as investors exercised caution ahead of the first-quarter earnings season and a meeting between the US and Chinese presidents later this week. Investors will be focussed on the potentially tense meeting between Donald Trump and Xi Jinping on Thursday and Friday, after Mr Trump held out the possibility...

GLC Advisors Strengthens Advisory and M&A Expertise with Addition of Senior Bankers

Addition of Several Industry Bankers Including Former St. Charles Capital Professionals Deepens Firm’s Expertise and Relationships Across Technology, FIG, Consumer, Retail and Energy IndustriesGLC Advisors & Co., LLC (“GLC Advisors”) is pleased to welcome nine seasoned M&A professionals, including former Partners and professionals of Denver based...

Columbia Threadneedle opens office in Chile

Columbia Threadneedle Investments has opened its first Latin American office in Santiago, Chile. As its first proprietary distribution hub for the Andes (Chile, Peru and Colombia), the new office will serve the asset manager’s institutional and wholesale clients in the region. Columbia Threadneedle has also appointed Santiago Zarauza Riestra...

Legal

Why Your Law Firm Needs a Tech Committee

If you were on a rocketship going to the moon, how long would it take to get there?Oh wait, you don't have a rocketship and you don't know how to command one anyway. So basically, you're not going to make it.That's kind of the problem with many law firms today. Relatively few have fully functional tech committees, and some attorneys wouldn't know what...

Authenticity on Social Media Is the Key to Brand Success

When it comes to online marketing for lawyers and law firms, one of the hottest areas that lawyers are investing in is social media. However, those "promoted" posts and advertisements on social media might not help as much as naturally good content that's consistent with your branding.For the most part, users of social media tend to skip over promoted...

Court Revives Slavery Quote Libel Suit Against NYT

Walter Block, an economics professor, will be remembered for his statements in the New York Times more than for his lectures.In 2014, the Times quoted him in an article about scholars at the Mises Institute who "championed the Confederacy." Block, an adjunct instructor at the institute, described slave life as "not so bad" if it were not involuntary."Not...

Millions of PACER Documents Made Free

PACER, your favorite tool for getting federal court documents, may not be your favorite for long.CourtListener, a service of the Free Law Project, now offers every free written order and opinion that is available on PACER. And unlike the court's preferred provider, CourtListener does not require a user account with the typical conditions.The service...

How Much Laptop Do You Need for Law School?

When it comes to choosing the right computer for law school, many prospective and current students often succumb to decision paralysis. After all, lawyers are known for loving their laptops. Luckily, choosing the wrong laptop is easily avoidable.First and foremost, most law schools will provide some minimal guidance as to the requirements for student...

Deals

PE-backed retailers DTLR and Sneaker Villa merge

DTLR Inc, which is backed by Bruckmann, Rosser, Sherrill & Co and Sneaker Villa Inc, a portfolio company of Goode Partners, have merged. The newly combined company will focus on footwear and apparel retailing. No financial terms were disclosed.Read More

PE-backed Quick to acquire Unitrans

Q International Courier LLC has agreed to acquire Los Angeles-based Unitrans International Corporation, an international freight forwarder and a unit of Roadrunner Transportation Systems Inc. No financial terms were disclosed. Quick is backed by The Jordan Company.Read More

AT&T considers sale of home security business, say sources: Reuters

AT&T Inc (T.N) is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc (TWX.N), sources told Reuters.Read More

Calif senator to introduce legislation addressing sexual harassment from investors: report

California state Sen. Hannah-Beth Jackson is to introduce legislation aimed at strengthening legal protections for entrepreneurs facing sexual harassment from venture investors, according to a news report.Read More

H.I.G. Growth invests in Fidelity Payment Services

H.I.G. Growth Partners has invested in Fidelity Payment Services. Financial terms weren’t announced. Fidelity, of Brooklyn, New York, provides payment processing to small- and medium-sized businesses across the U.S. and Canada. Read More

Acq Lite

National Guard activates cyber-security task force

Aug. 18 (UPI) -- A full-time Army National Guard unit of more than 100 cyber specialists was mobilized this week, the largest mobilization of cyber forces from reserve units to support the U.S. Cyber Command.The specialists of Task Force Echo, which will support the U.S. Cyber Command consists of 138 soldiers from California, Georgia, Michigan, Indiana,...

Air Force stands up new Space Operations Directorate

Aug. 18 (UPI) -- The U.S. Air Force has announced that its new Space Operations Directorate begins initial operating capability this coming Monday.The 43-member staff of the directorate, or AF/A11, is composed of military, government and contractor personnel. Shawn Barnes has been named assistant deputy chief of staff for Space Operations, and Maj....

Air Force successfully launches LRASM missile from B-1B Lancer

Aug. 18 (UPI) -- The U.S. Navy and Lockheed Martin have conducted the first free-flight launch of a Long Range Anti-ship Missile from a B-1B Lancer bomber at Point Mugu, Calif.The missile navigated pre-programmed waypoints before targeting and destroying a single moving target out of a group using onboard sensor criteria. It was the first complete functionality...

U.S. military to buy counter-drone radars from RADA

Aug. 18 (UPI) -- RADA Electronic Industries Ltd. Of Israel this week announced an order from the U.S. military for its Multi-Mission Hemispheric Radar systems.The more than $8 million order will be used by a "key U.S. military force" for air surveillance with "an emphasis on counter-UAS with the most advanced on-the-move capabilities," RADA said in...

Royal Canadian Navy awards Thales support contract for up to 35 years

Aug. 18 (UPI) -- Thales In-Service Support will provide refit, repair, and maintenance services for Canadian Arctic and Offshore Patrol Ships.The nearly $633 million contract, called AJISS, also covers Joint Support Ships and is initially for eight years of work. If Canada exercises contract options extending Thales' support for as long as 35 years,...