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Tag: probe

Green in legal fight with FRC over BHS probe

Green in legal fight with FRC over BHS probe

Business
The high street billionaire Sir Philip Green has sparked a legal battle with regulators over a probe into the audit of BHS's accounts during the year before the now-collapsed chain was sold for £1. Sky News can exclusively reveal that Sir Philip's company Taveta Investments has made an urgent application for a judicial review aimed at forcing the Financial Reporting Council (FRC) to amend its report on the issue.A hearing is understood to have been scheduled to take place at the High Court on Friday, but has been postponed after lawyers for the FRC requested more time to prepare their case, according to insiders.Taveta, which is the parent company of Sir Philip's Top Shop-owning Arcadia Group, is also thought to have applied separately for an injunction to prevent the...
InSight probe to survey Mars for secrets inside the planet

InSight probe to survey Mars for secrets inside the planet

Science
May 4 (UPI) -- As NASA's Insight probe begins its trip to Mars on Saturday, the spacecraft is tasked with studying Mars' insides. But the probe's observations could offer insights into the formation and evolution of all rocky planets, including Earth."As a smaller planet, Mars' interior convection has slowed dramatically or stopped entirely," Elizabeth Barrett, a planetary scientist at NASA's Jet Propulsion Laboratory, told UPI this week. "Thus, Mars' frozen interior preserves a snapshot of the past of the core, mantle and crust."Barrett is coordinating surface operations for the mission's science and instrument teams."By studying Mars we can learn about the formation of Earth itself," she said. "Eventually Earth's convection will slow, so the InSight mission can help us predict what the f...
Mueller 'threatened Trump with subpoena' amid Russia probe

Mueller 'threatened Trump with subpoena' amid Russia probe

World
Special Counsel Robert Mueller warned he could order Donald Trump to testify as part of a probe into alleged Russian election meddling, US media report. Mr Mueller suggested the move during talks with Mr Trump's lawyers in March.The threat to issue a subpoena, as it is known, was reportedly met with a sharp response from one of Mr Trump's former lawyers.It is believed to be the first time the special counsel has raised such a possibility.Mr Trump's lawyers insisted during the meeting that the president was under no obligation to face questions by federal investigators in relation to the Russia inquiry, the Washington Post reported.However Mr Mueller's team reportedly responded by suggesting they would issue a subpoena if Mr Trump declined. They agreed to provide the president's lawyers wit...
Apple's Shazam takeover facing competition probe

Apple's Shazam takeover facing competition probe

Technology
The European Commission has launched an in-depth investigation into Apple's takeover of UK-based music app Shazam after finding the deal could raise competition concerns.Apple revealed in December that it was snapping up the song recognition tool in a deal reportedly worth $ 400m (£286m).Shazam allows users to identify songs by pointing a smartphone or tablet at speakers playing music.The European Commission said it was concerned that the takeover could see rivals' music streaming services put at a competitive disadvantage to Apple Music.This is because Apple would obtain commercially sensitive data about its rivals' customers by owning Shazam, according to the EC's initial findings.Those rivals include Spotify, the global market leader."Access to such data could allow Apple to directly ta
Mexican police probe water heater in Iowa family's death

Mexican police probe water heater in Iowa family's death

World
April 5 (UPI) -- Authorities in Mexico said a rusted water heater may be the source of leaked gas that caused the deaths of an Iowa family vacationing there over spring break.Christopher Martinez, the main investigator in Tulum, where the family died, told the Des Moines Register the family members asphyxiated by gas from the faulty heater, which had rusted in the area's humid climate.But the State Attorney's Office in Mexico's Quiantana Roo told ABC News a definitive cause has not been established. The office said Martinez only told the newspaper that "one of the lines of investigation is that the gas might have come from the water heater, which looked damaged."The family traveled to Tulum on March 15 and were found dead in the condo eight days later. Prosecutors said the family had been ...