U.S. extends some Iran sanctions relief under nuclear deal

WASHINGTON (Reuters) – The United States on Thursday extended some sanctions relief for Iran under the 2015 nuclear deal, the State Department said, but no decision has been made on whether to preserve the deal itself.

China’s biggest bitcoin exchange to halt trading

BTCChina, the country’s biggest bitcoin trading platform, announced on Tuesday that the company will stop all trading from September 30, 2017, according to a statement.

Brazilian President Temer faces new corruption charges

BRASILIA (Reuters) – Brazilian President Michel Temer was charged on Thursday with obstruction of justice and racketeering, the office of the prosecutor general said in a statement on its website. It will now be up to the lower house of Congress to vote on whether or not the president should stand trial before the Supreme Court.

Kaspersky Lab co-founder accepts invitation to testify to U.S. Congress

WASHINGTON (Reuters) – Eugene Kaspersky, the co-founder and chief executive of Moscow-based anti-virus firm Kaspersky Lab, said on Thursday he accepted an invitation to testify to U.S. lawmakers later this month over the security of his company’s products, but that he needed an expedited visa in order to do so.

Google stops challenging most US warrants for data on overseas servers

Google has quietly stopped challenging most search warrants from US judges in which the data requested is stored on oversees servers, according to the Justice Department.

The revelation, contained in a new court filing to the Supreme Court, comes as the administration of President Donald Trump is pressing the justices to declare that US search warrants served on the US tech sector extend to data stored on foreign servers.

Google and other services began challenging US warrants for overseas data after a federal appeals court sided with Microsoft last year in a first-of-its-kind challenge. Microsoft convinced the New York-based 2nd US Circuit Court of Appeals—which has jurisdiction over Connecticut, New York, and Vermont—that US search-and-seizure law does not require compliance with a warrant to turn over e-mail stored on its servers in Ireland. Federal prosecutors were demanding the data as part of a US drug investigation.

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Treasury’s Mnuchin says no tax cut for wealthy

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration’s upcoming tax plan will not be aimed at lowering income taxes for the wealthiest…

Top Senate Republican on taxes says ‘Big Six’ won’t dictate reform

WASHINGTON (Reuters) – The U.S. Senate’s top Republican tax law writer warned on Thursday that the “Big Six” negotiators from the White House, Senate and House of Representatives would not dictate to his committee the direction of expected tax reform legislation.