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The Supreme Court said Friday it will consider whether the House and a New York prosecutor can subpoena President Donald Trump's longtime accounting firm and banks for his financial records, two monumental disputes concerning separation of powers and Trump's broad claims of immunity that will be decided in the heart of the presidential campaign. 359
This week, 120,000 people in northern California went without power. It was the latest round of precautionary outages by the state’s largest utility company. PG&E says the outages were necessary to prevent downed power lines from sparking more wildfires. Last month, more than 2.5 million Californians were in the dark due to preemptive blackouts.Now, state regulators are investigating whether the forced outages were warranted.“Some people in California in October were out for eleven days straight without electricity,” says Mark Toney Executive Director of TURN Utility Reform Network in California. “That is unheard of. Unprecedented.”Public utility companies are regulated state by state. There are no federal laws guaranteeing or giving residents the right to electricity and gas service. Generally, experts say in times of emergencies like hurricanes, earthquakes and wildfires, some utilities can pull the plug on services in the interest of public safety as was claimed in California.“In California, they’re only supposed to do it as a last resort,” says Toney. That’s not to say that customers don’t have any rights. In some colder places, it may be against the law for utilities to turn off electricity or gas if they are needed for heating between November 15th and March 15th even if the bills haven’t been paid. “People only have the rights that they fight for,” says Toney. “That’s how it’s always been.”Investigators in California are looking at whether PG&E properly balanced the need to provide reliable service with public safety.One thing consumer advocates recommend is getting familiar with the consumer utility bill of rights in your state and municipality. If service is shut-off improperly, they say to document financial losses and file claims against the utility companies or with the public utilities commission. 1861
The US announced major new restrictions on US citizens traveling to Cuba on Tuesday.The new regulations announced by the Treasury will block the most common way Americans are able to visit the island through organized tour groups that license US citizens to travel automatically.These regulatory changes were originally announced on April 17. At the time, White House national security adviser John Bolton said the Treasury Department would "implement further regulatory changes to restrict non-family travel to Cuba."The new restrictions will prohibit cruise ship passengers whose trips are arranged as organized tours.The Trump administration recently allowed US companies and Cuban-Americans to sue companies using property that was seized after the 1959 Cuban revolution, including cruise ship terminals and airports.Carnival Cruise Line was the first company to be sued under Title III of the Helms-Burton law, which previous administrations had waived. 970
Timothy Williams, best known as the pitchman for travel site "Trivago," was arrested this week after Houston police say they found him passed out behind the wheel of a car in traffic."He was passed out with his foot on the brake in a moving lane of traffic," said Houston Police spokeswoman Jodi Silva. Police got the call Wednesday afternoon.Williams failed a field sobriety test and submitted to a blood draw, she said.He was charged with misdemeanor driving while intoxicated and his bail was set at 0.When asked about Williams' arrest, a Trivago spokesperson told CNN in a statement: "At this stage, we do not have the full details of the situation, but we want to make clear that Trivago treats such incidents very seriously and strongly condemns drinking and driving, which poses a risk to others and goes against the Trivago culture."CNN has also reached out to Williams and is waiting on a response.Williams has had acting roles on "The Cosby Show" and "Law and Order." But he shot to fame as the rough-and-tumble pitchman for "Trivago."In later ads, he came across as more polished -- his hair nicely tousled and a fashionable touch of facial stubble. 1175
The owner of Schick razors needs to close the gap with Gillette, its biggest rival. So it's turning to new blood to make that happen.Edgewell Personal Care is buying the upstart razor maker Harry's, the two companies announced Thursday. The deal values Harry's at nearly .4 billion.Harry's started in 2013 and quickly expanded by selling low-priced razors online. Edgewell, meanwhile, owns some of the most established brands in the field — including Schick, which started in 1921. Edgewell also owns Wilkinson Sword, a major European brand that has been making razors since 1898.But Edgewell trails its main rival, Gillette, by a large margin. Gillette is a unit of Procter & Gamble, and accounted for about 10% of that company's .8 billion in revenue — about billion — last year. By comparison, Edgewell reported .2 billion in revenue during its most recent fiscal year.Sales for the first six months of this year fell 7% compared to a year earlier, Edgewell reported Thursday. But CEO Rod Little told investors that the company expects revenue to rise to .7 billion in its first full fiscal year after it acquires Harry's. The deal is expected to close early next year.Little said Edgewell was drawn to Harry's success with building a brand and marketing directly to consumers."We've been talking about it for a while," he said on an earnings call. "And when you look at what Harry's has done, we've looked at that from afar for a long time," he told investors."The deal also could help Harry's cut costs. Despite its success, Little said the business is only approaching the breakeven point this year.Investors didn't immediately embrace the purchase. Shares of Edgewell fell nearly 13% in midday trading Thursday.Harry's founders Andy Katz-Mayfield and Jeff Raider will stay on to run the combined companies' US business. Raider was also one of the founders of the eyeglass maker Warby Parker. The two of them had been friends since college.Harry's is not the first razor startup to be acquired by a more established company.In 2016, Unilever bought 2083