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Wells Fargo to pay $3B to resolve probes into fake accounts

Tolstedt was aware of employees using fraudulent means to achieve sales goals as early as 2004, according to the DOJ. The U.S. Attorney's Office in the Centra...

China suspends more penalties on USA goods after trade truce

Trump has already directed an extra $28 billion on top of regular subsidies paid to farmers, who are credited with helping him win the 2016 election, to mitigat...

Rynair CEO Michael O'Leary calls Muslims terrorists, sparking accusations of racism

In response, several charity organizations and government bodies have spoken out against the comments . Earlier, the Head Imam of the Islamic Centre of Irela...

Wall Street drops on coronavirus fears

The S&P 500 posted 30 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 70 new highs and 54 new lows. The S&P technology index dropped 1.9%....

Virus cases jump beyond epicentre

China's Hubei province, the epicentre of the coronavirus outbreak, on Friday (Feb 21) revised the number of new cases it reported on Feb 19 to 775, from 349 p...

Data Encryption Startup Settles SEC Charges for Unregistered Offering of Digital Tokens

Enigma was blamed for not have registered its ICO with the SEC and also its conduct violated certain provisions of the Securities Act. It also points out th...

Coronavirus: New virus outbreaks in China and overseas rekindle concerns

China's Hubei Province said that 271 cases were reported by its prisons on Thursday, including 220 that had previously not been known to provincial authorities...

US Dollar Drops on Weak PMI Data, Coronavirus Hits Confidence

Business activity in the U.S. services sector fell last month for the first time since 2013, hurt by the coronavirus, according to a survey. A reading below 50 ...

Retail Investors Bet Heavily on Virgin Galactic’s Space Travel

While many analysts like the space tourism company's long term prospects, they warn that the stock has become overbought, with a median price target of $19 pe...

Swiggy raises $113 mn from investors led by Prosus

Prosus Ventures , the biggest venture capital for food delivery startups, led the round. Meituan Dianping and Wellington Management Company were also parts ...

Facebook, General Atlantic back Unacademy

The new edtech company said it would use the funds to further penetrate exam preparation categories, launch more exam categories, acquire the best educators and...

Working on a Very Big Trade Deal With India

The United States Commission on International Religious Freedom has come out with a fact sheet on the CAA, citing not just media reports but also remarks made b...

Asia Pacific carriers to lose $27.8 billion revenue due to coronavirus: IATA

A first estimate of the impact on Asia-Pacific airlines of COVID-19 forecasts 2020 passenger demand will be slashed by 9 percent compared to 2019 as the region'...

After Brexit, EU places Britain’s Cayman Islands on tax blacklist

This includes Cayman's commitment to a six-month transition period for registering funds that are now required to do so, in accordance with the new Private Fund...

Barclays backtracks on big-brother style staff surveillance system after criticism

The software, created by United States firm Sapience Analytics, offers tips to individuals who have started to fall behind on targets, suggesting they mute thei...

New British 20-pound note featuring artist Turner enters circulation

The new £20 note is the first to feature the signature of Sarah John, the Bank's current Chief Cashier. The Bank of England has not yet revealed when the old ...

70-year-old man is HK's second coronavirus fatality

Air New Zealand chief revenue officer Cam Wallace said the airline remained committed to its Shanghai and Hong Kong services. He had a fever and tested positive...

Kickstarter workers vote to unionize

In a vote that ended up with 46 employees voting for, and 37 voting against, the staff will now join over 100,000 other workers represented by the Office And Pr...

Warren says Bloomberg should drop out of race following brutal debate

After the debate, Matthews asked Warren why she went after Bloomberg so hard. She continued her criticism in a tweet after the debate saying : "I hope you he...

Morgan Stanley to buy E*Trade Financial in $13-billion deal

E*Trade shareholders will receive 1.0432 Morgan Stanley shares for each share as part of the deal. E-Trade CEO Mike Pizzi will continue to run that business. ...

France steps up Ghosn probe into misuse of funds at Renault

It mentioned in a assertion yesterday a choose would now look at various fees linked to Renault and levelled at an unnamed man or woman or persons. A judicial s...

Wages back above pre-economic crisis levels

The number of people in work increased by 180,000 to 32.93 million in the quarter, as the number of people deemed economically inactive also shrank, the ONS sai...

Hong Kong reports second coronavirus death

The novel coronavirus, which originated in Wuhan, China, was first detected in Hong Kong on January 22. Within the next 10 days his health deteriorated and on F...

Best Places to Work

Gilmore, CEO, First American Financial Corporation . Sheetz was ranked No. 80. These included the extent to which employees trust leaders, the respect with w...

It’s national wine day and the price of wine is dropping fast

If there is a large supply of something and not much demand, prices will drop. The excess grapes are concentrated in California and Washington; Michigan viney...

Via Rail lays off 1,000 employees temporarily as blockades drag on

VIA Rail has announced that it will restore its passenger service for Southwestern Ontario this week, after anti-pipeline blockades forced the shutdown of rail ...

Iran reports its first 2 cases of the new coronavirus

The Health Ministry confirmed on Wednesday that two persons diagnosed with the coronavirus outbreak have died. "In the past two days, some suspect cases of ...

Around 15% of Europe's power now comes from wind

As for as offshore wind, Siemens Gamesa kept its top spot as Orsted A/S built out its 1.2 gigawatt Hornsea facility in the British section of the North Sea. Sie...

Reliance Studying US Sanctions On Rosneft Unit

The U.S. placed an array of sanctions on Venezuela previous year, freezing all state assets, targeting senior officials and prohibiting transactions with state ...

Budget will go ahead on March 11 — Rishi Sunak

Sunak was appointed Chancellor following the resignation of Sajid Javid , who had only been in post since July 2019. "It will deliver on the promises we made t...