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USA charges Platinum Partners founder, others with $1 billion fraud

Attorney in Brooklyn, said in a statement . On or about December, 13, 2015, Nordlicht, Landesman and an unnamed co-conspirator sent emails "that contemplated Nordlicht and Co-Conspirator 1 fleeing from the United States and illustrated their knowled...

Japan passes China as the largest non-US holder

Japan's holdings of U.S. Treasury debt totaled $1.1319 trillion as of the end of October, down $4.5 billion from a month earlier. Figures for foreign ownership of U.S. Beijing purchased U.S. Treasuries to keep its currency weak as it worked to grow...

Yahoo admits it's been hacked again, and 1 billion accounts were exposed

The perpetrators may have landed names, email addresses, telephone numbers, dates of birth, masked passwords, and security questions and answers . There would have to be significant damage to the value of Yahoo's business, like if it caused many...

JCI Continues Decline as US Fed Rate Hike Triggers Fund Outflows

Meanwhile, fixed-rate changes vary from a slight decrease of 0.05% for one-year fixed loans to a 0.26% increase for three-year fixed loans. Indonesia's central bank kept its benchmark interest rate unchanged for a second month as more policy tighteni...

Ronaldo caps dream year with fourth Ballon d'Or

Born into a poor family in Madeira to a cook and a gardener as the fifth child, Cristiano's road to success was full of challenges and adversities, more than what Lionel Messi - another great footballer of his generation had to face. "Any player coul...

PM Modi a 'good reformist': Malaysia PM Razak

The Prime Minister told the gathering that a number of steps have been taken to attract greater FDI and listed the various steps taken in this direction. Roads railways, ports upgraded. India's initiatives including a Project Development Fund and L...

Barclays Capital Issues Price Target With 9.27% Upside On Esure Group Plc

Barclays PLC reissued an "equal weight" rating and issued a GBX 685 ($8.70) price objective on shares of UBM Plc in a research note on Wednesday, August 31st. If you are viewing this news story on another website, it was stolen and reposted in viola...

Reliance Jio Prompts Other Telcos Towards Providing Free Services

The company said these plans are available for all 2G, 3G and 4g customers with a validity of 28 days. These developments are a clear indicator of the intensive degree of competition in the 4G wireless segment. The operator, just like Airtel , has l...

Markets in the green in early trade

The broader NSE Nifty soared 144.80 points, or 1.79 per cent, to close the day at 8,246.85 after shuttling between 8,256.25 and 8,151.75. "The rupee, however, lost its early gains to the U.S. "Key benchmark indices traded the day in a narrow, albeit ...

US moves to block Chinese purchase of German tech firm Aixtron

The Treasury Department announced Friday that Obama would veto semiconductor maker Fujan Grand Chip's acquisition of the US business of Aixtron SE . "We hope the external parties will not over-interpret that or make any political intervention", said...

US investigating leak related to Petraeus case

Each candidate offers different merits and drawbacks, making it a hefty decision for a 70-year-old maverick NY real estate tycoon, who has never previously held office. Once the top US military commander in Iraq and Afghanistan, Petraeus was sentence...

GoPro to cut about 15 percent of workforce

The entertainment division was a recent development by the company, born from an idea to build on the sales that already resulted from viral GoPro-shot videos and stories of the cameras surviving odd conditions. The company anticipates booking most ...

Oil tumbles as output cut looks elusive, shares slip

The benchmark index has risen 12 percent since Donald Trump was elected president earlier this month, which triggered a spike in Treasury yields on heightened expectations of increased fiscal spending and inflation. The dollar plummeted more than 1.6...

4th-Ranked Tar Heels Hand Cowboys First Loss

I was really proud of the way he played tonight. Reports have already named Fedora as a possible candidate for the LSU job, and others could come knocking depending on which positions open up at the end of the year. "It's uncomfortable for me", Wil...

Screwfix digital sales contribute to Kingfisher growth

Like-for-like sales increased 1.8% year-on-year to £2.96bn ($3.7bn) in the three months to 31 October, following a 3% growth in the previous quarter. "Sales have been driven by Poland and the United Kingdom, especially Screwfix, offset by softer sa...

Allow Old Rs.500 Notes For Another Ten Days

Many of them have however found a new job: to stand in the queue to exchange old currency notes of their employers for the new ones for a commission. 'I was told by the officials that their branches in overseas locations are not authorized to exchang...

Banks have enough cash for exchange: RBI

Initial euphoria over being able to withdraw money evaporated as people found that there were no takers for the new Rs 2000 note which they were getting at banks and ATMs. "Further, the vans have to make multiple trips to refill the ATMs as they ge...

Demonetization: RBI announces new steps to decrease cash crunch

In Karnataka, Chief Minister Siddaramaiah took stock of the prevailing situation in the state in the wake of demonetisation of Rs 1,000 and Rs 500 notes by the central government. Cash-strapped people started making a beeline outside ATMs from early ...

Alibaba's Singles Day smashes sales record in 15 hours

Alibaba smashed its Singles' Day shopping record on Friday clocking over 23 percent growth, the Chinese e-commerce giant said on Friday. As of 9 AM (local time), total sales across 16 of China's major e-commerce platforms had already topped ...

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Breaking News

U.S. economic growth hits 3% rate in second quarter

Quarterly growth, however, can vary widely from the annual average; GDP growth exceeded 3 percent in five quarters since mid-2013, but the overall growth rate each year was ultimat...

LEADING OFF: Astros play 'home' game, KC nears futility mark

Despite a published report that indicated a decision on the Mets series was final, Ryan stopped short of announcing the Astros' plans past the Rangers series. "We had agreed ...

Jailing of Samsung heir raises questions over company's outlook

This week, Samsung's billionaire heir-apparent Lee Jae-yong sentenced to five years in prison for bribery. In return, they were promised of government support in the merger of ...

Trump comments on NAFTA talks put some Arizona businesses on edge

Donald Trump has threatened to cancel NAFTA less than one week into the renegotiation of the trade agreement, providing an early indication that the upcoming talks might occur un...

LeBron James and Dwyane Wade could reunite with Cavaliers

Earlier in the offseason, Wade opted in to the final year of his contract with the Bulls and is set to collect almost $24 million. Friedell says those players didn't appreciate ...

Total to Buy Maersk's Oil and Gas Business for $4.95 Billion

The Maersk assets will boost the French giant's business in the North Sea, adding to deals earlier this year that expanded its presence in Uganda and Brazil . In addition, the...

Watch Secret Superstar first song Main Kaun Hoon

Main Kaun Hoon is her first song, which garners her much appreciation for her voice. The song was launched in the presence of Aamir Khan along with director Advait Chandan and...

Flag mistake: Foreign Ministry extends apology to Indonesian government, people

President Joko "Jokowi" Widodo also called for an apology but cautioned against exaggerating the incident. Indonesia's flag has a red stripe above a white stripe, but it was pr...

Sensex gains 70 points, Nifty regains 9900 mark

Other gainers were Reliance Industries at Rs 1,589.90 per piece up 1.46%, followed by Tata Steel at Rs 635.10 (0.85%), Bharti Airtel at Rs 409.70 per piece (0.75%), Dr Reddy'...

US July retail sales volumes jump past forecasts

Internet-driven purchases probably received a boost from the spike in online shopping tied to Amazon.com's Prime Day event. Wall Street shares ended Tuesday little changed, but t...

Special Reports

Target takes steps to compete more seriously with Amazon

Target takes steps to compete more seriously with Amazon

In a blog post on Target's corporate website, Valdez said Grand Junction will help Target offer product assembly, installation and other services. Rob: Our team is excited abou...

Toyota, Mazda Corp. to Establish $1.6-Bln Joint Venture in US

Toyota, Mazda Corp. to Establish $1.6-Bln Joint Venture in US

Toyota and Mazda will invest $1.6 billion to produce crossover models and Toyota's Corolla sedan in the United States starting 2021. On Friday (4 August), the Japanese auto...

Teenager jumps out of plane's emergency exit as it lands

Teenager jumps out of plane's emergency exit as it lands

The teen, a USA citizen, was accosted by a construction crew working nearby on the airfield. He was also reportedly taken to a hospital for a psychiatric evaluation. Airport spoke...

Sprint Surprises with Profit, Says a Deal May Be Coming Soon

Sprint Surprises with Profit, Says a Deal May Be Coming Soon

Therefore, the firm believes, irrespective of the potential M&A target, be it Charter, T-Mobile US Inc (NASDAQ: TMUS ), DISH Network Corp (NASDAQ: DISH) or someone else, there...

HSBC in €255m plan to move 1000 jobs to Paris after Brexit

HSBC in €255m plan to move 1000 jobs to Paris after Brexit

It also announced a share buyback program of up to $2 billion, which is expected to be completed this year. "We have made an excellent start to 2017", Chief Executive Stuart G...