UPDATE 1-GE launches sales process for U.S. lending units

NEW YORK, May 31 (Reuters) – General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance…

“Terrorist elements” are watching today’s Senate Patriot Act vote—why aren’t you?

CIA Director John Brennan said Sunday that terrorists are heavily monitoring the Senate’s 11th-hour vote Sunday to stop three surveillance provisions of the USA Patriot Act from expiring at midnight today.

“I think terrorist elements have watched very carefully what has happened here in the United States.Whether or not it’s disclosures of classified information, or whether it’s changes in the law and policies, they’re looking for the seams to operate within,” Brennan said on CBS’s Face the Nation. “This is something that we can’t afford to deal with right now, because if you look at the horrific terrorist attacks and violence that’s being perpetrated around the globe, we need to keep our country safe.”

Congress was set to begin debate Sunday at 4pm ET. The floor session is airing live on C-SPAN here.

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Senate set to convene on future of U.S. telephone spying powers

WASHINGTON (Reuters) – The U.S. Senate is set to convene in a rare Sunday session in a last-ditch attempt to pass legislation to allow U.S. spy agencies to continue to sweep up information on Americans’ telephone calls and other business records.

Senate set to convene on future of U.S. telephone spying powers

WASHINGTON (Reuters) – The U.S. Senate is set to convene in a rare Sunday session in a last-ditch attempt to pass legislation to allow U.S. spy agencies to continue to sweep up information on Americans’ telephone calls and other business records.




Chobani founder latest to make Buffett-Gates billionaire pledge

The Giving Pledge, started 5 years ago by Warren Buffett and Bill Gates, asks billionaires to commit to donating at least half their wealth. It just signed up its newest member: the young Turkish immigrant who founded Chobani yogurt.