NEW YORK – October 23, 2018 A Russian draft law proposing limiting foreign ownership of news aggregators in Russia is justified, Kremlin spokesman Dmitry Peskov said on Tuesday, Reuters reported. Russian officials’ statement will weaken Yandex NV’s (NASDAQ: YNDX) position, potentially leading to new massive sellouts by U.S. and European hedge funds, repeating last week’s scenario of a few days of stock price declines, analysts warn. Shares in Russian search engine Yandex were down on Monday after a report that the government was proposing to limit foreign ownership in o...

NEW YORK – October 23, 2018 Despite all the efforts to slow-down the panic selling of Yandex NV (NASDAQ: YNDX) shares that occurred last week, this Monday showed another 2% drop in the Russian Tech giant share price. This latest fall is due to a Monday report from the Interfax news agency that said the government was proposing to limit foreign ownership in online news aggregators to 20%, according to Reuters. Yandex, known as “the Russian Google,” is Russia’s biggest internet search engine with around a 56% share in Russian search traffic, and is also the biggest news ag...

NEW YORK – October 22, 2018 The Trump administration plans to create a legal definition of gender as a fixed status determined biologically by the genitalia a person is born with, according to a Sunday report from The New York Times.  The paper said the Department of Health and Human Services is leading the effort to establish a legal definition of sex. The HHS believes that gender should be defined “on a biological basis that is clear, grounded in science, objective and administrable.” A person’s gender would be strictly male or female and it would be unchanging.  “Sex...

NEW YORK- October 21, 2018 Russian internet search engine giant Yandex NV (NASDAQ: YNDX) faced an unprecedented decline in shares on Thursday, reaching a new 52-week low along with the news that Russian state-controlled bank Sberbank is angling to take control of it. Its stock closed at $29.49, resulting in $2 billion loss in one day. On Friday, the stock traded on NASDAQ at as low as $26.50 and last traded at $27.42 (-7.02%), with a volume of 1,254,168 shares. The top institutional holders of Yandex NV shares are U.S. investors. Wellington Management Company, LLP owns...

NEW YORK – October 19, 2018 President Trump says the US economy is the best it’s ever been. He has been repeating this message in the run-up to the mid-term elections in November, when voters will choose members of both chambers of Congress, some state governors, and state and local officials. According to one estimate by the Washington Post in early September, the president had made the claim — or a variant of it — 40 times in the previous three months. And he has his reasons. The U.S. economy is soaring at all levels. Unemployment is at record lows, taxes are down, t...

NEW YORK — October 19, 2018 A team of researchers from NRDC who analyzed the quality of meat used in hamburgers has come to a disappointing conclusion. It turns out the most popular burger joints, including McDonald's, Burger King, Wendy's, and many other fast food chains are in no hurry to give up problematic products. The researchers' team included members of various organizations that have studied the situation with the use of beef with antibiotics in detail; laboratory tests were conducted, and the current policies of the companies involved were considered. The res...

NEW YORK – October 19, 2018 The 60-year experiment in the progressive government-run educational system in this country has cheated and defrauded not only those it purports to educate, but also the taxpayers who fund this sham. It is apparent that American history, values, and civics are no longer taught. Rather, students at all levels have been and are being indoctrinated with the progressive philosophy of liberal values, envy and jealousy of the successful, denial of individual responsibility, and the belief that the government can solve all of life’s problems. All th...

NEW YORK — October 18, 2018 Another salmonella outbreak due to raw chicken meat has been recorded in the U.S. According to the Center for Disease Control and Prevention (CDC), at least 100 people fell ill in 29 States across the country; 21 of them had to be hospitalized. Indicators continue to grow, experts say. Fortunately, so far there have been no deaths. But most importantly, CDC experts say this time the virus has become more resistant and immune to many antibiotics which are usually used for the treatment of salmonella. It is known that every year many viruses sh...

NEW YORK — October 18, 2018 A male Uber driver alleged abused a client who was asleep in his cab recently. According to the New York City Police Department (NYPD), working with the US Attorney for the Southern District of New York and the FBI, the woman ordered an Uber from Manhattan to White Plains where she lived. The driver, 24-year-old Harbir Parmar, changed the destination to Boston and left New York. The woman woke up after Parmar stopped the car and had climbed into the back seat, trying to unbutton her shirt. The woman resisted and demanded he take her to the po...