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U.S. ramps up Apple offensive with new filing in iPhone unlocking case

February 19, 2016 by · Leave a Comment 

By Dustin Volz and Julia Edwards WASHINGTON/LOS ANGELES (Reuters) – The U.S. Department of Justice filed a motion seeking to compel Apple Inc to comply with a judge's order for the company to unlock the iPhone belonging to one of the San Bernardino shooters, portraying the tech giant's refusal as a “marketing strategy.” The filing escalated a showdown between the Obama administration and Silicon Valley over security and privacy that ignited earlier this week. …

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U.S. ramps up Apple offensive with new filing in iPhone unlocking case

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S&P warns it may cut Icahn Enterprises to junk status, stock falls

February 19, 2016 by · Leave a Comment 

By Svea Herbst-Bayliss BOSTON (Reuters) – U.S. ratings agency Standard & Poor's warned on Friday it may cut the credit rating of billionaire investor Carl Icahn's Icahn Enterprises to junk status after the portfolio absorbed heavy commodity sector losses in the last few months. S&P placed its triple-B-minus issuer credit rating and senior unsecured debt rating of Icahn Enterprises on “CreditWatch with negative implications,” the agency said in a statement. The news weighed on Icahn Enterprises' stock price…

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S&P warns it may cut Icahn Enterprises to junk status, stock falls