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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Current price of oil as of June 23, 2026
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Why Russia Is Threatening to Block Access to Facebook

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September 26, 2017, 9:38 AM ET
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Russia will block access to Facebook next year unless the social network (FB) complies with a law that requires websites that store the personal data of Russian citizens to do so on Russian servers, Russian news agencies reported on Tuesday.

The threat was made by Russia’s communications watchdog Roskomnadzor, agencies said, the organization, which blocked access to LinkedIn’s (MSFT) website last November in order to comply with a court ruling that found the social networking firm guilty of violating the same data storage law.

That case set a precedent for the way foreign Internet firms operate in Russia and other companies are now under pressure from the regulator to comply with the law, which was approved by President Vladimir Putin in 2014 and entered into force in September 2015.

“Everyone needs to abide by the law,” the Interfax news agency cited Roskomnadzor head Alexander Zharov as telling reporters on Tuesday. “In 2018, everything will be as it should be for sure,” he said, referring to Facebook. “In any case, we will either get the law implemented or the company will cease to work on the territory of the Russian Federation as unfortunately happened to LinkedIn. There can’t be any exceptions here.”

Twitter (TWTR) had already notified Roskomnadzor that it would aim to localize the personal data of its users by the middle of 2018, Zharov said.

“We understand clearly that Facebook has a significant number of users on the territory of the Russian Federation,” Zharov was cited as saying. “On the other hand, we understand that this is not a unique service, and that there are other social media.”

Asked to comment on the regulator’s demands for Facebook to localize the data of its Russian users, Kremlin spokesman Dmitry Peskov said the U.S. firm had to comply with the law like everyone else.

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