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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

China dings Medtronic over Taiwan reference

USA -based hotel corporation Marriott International, who categorized Chinese territories as countries in a mail questionnaire, was ordered to remove all related content from its w...

East Coast locked in wickedly cold weekend of subzero temps

By the time the storm reaches the ocean waters east of Long Island and eastern New England on Thursday, it will be explosively intensifying. Scattered fatalities were reported ,...

Price of gas up by 15 cents

The national average price for regular unleaded was $2.49, AAA said, down a half-cent over the week. In Rhode Island, gas is four cents above the national average of $2.49, whi...

Storm system brings snow, ice to Florida

Winter Storm Grayson caused small flurries to fall in the notoriously warm state, putting a total of 0.1 inches of snow on the ground, reports Time . The coating of white stuff ov...

Fired Engineer Says Google Discriminated Based on His 'Male Gender,' 'Caucasian Race'

Damore was sacked from Google, and while many people cheered this move, some conservative onlookers claimed the engineer actually had a legal case against the tech giant. Go...

China's Geely buying stake in Mack Trucks' parent company

They did not disclose the value of the transaction, which makes Geely Volvo's largest owner by capital and the second biggest by voting rights after investment firm Industrivarde...

Obama beats Trump in America's Most Admired Man poll

However, a quarter of those surveyed failed to name any man or woman who they admired, while 10% of people opted to nominate a friend or family member. Billy Graham, U.S. Sen. Wh...

Coinbase Investigates Insider Trading Following Launch Of Bitcoin Cash

In the meantime, Coinbase launched an internal probe of insider trading in the run-up to Tuesday's launch. As the announcement was published, the price of Bitcoin Cash spiked...

Give the Christmas Spirit at a Red Kettle Near You!

The 1 percent drop, however, compares favorably with the previous year, when donations declined by 10 percent. With one week left, The Salvation Army, is hoping Calgarians can co...

Introducing Snooze to Give You More Control Of Your News Feed

The new " Snooze' feature differs from the existing option to Unfollow because it allows you to see your friends posts again after 30 days, without manual interaction". Chamath Pa...

Special Reports

Starbucks Partners with Alibaba in Opening AR Roastery

Starbucks Partners with Alibaba in Opening AR Roastery

On Tuesday, Starbucks opened the 30,000-square-foot Starbucks Reserve Roastery Shanghai. Customers at this attractive outlet settled on the West Nanjing Road shopping strip, now c...

Uber Hack 'Raises Huge Concerns' With UK Data Regulator

Uber Hack 'Raises Huge Concerns' With UK Data Regulator

Uber's chief executive Dara Khosrowshahi (pictured) explained in a release that the hackers found 57 million names, email addresses and mobile phone numbers, in which around...

Sonia: 'Arrogant' govt has cast dark shadow on Parliamentary democracy

Sonia: 'Arrogant' govt has cast dark shadow on Parliamentary democracy

Assembly polls are due to be held in Gujarat in two phases on December 9 nd 14. "The government is forcefully trying to change history of modern India by erasing contributions...

Nearly 300 MS-13 Gang Members Arrested in Nationwide Bust

Nearly 300 MS-13 Gang Members Arrested in Nationwide Bust

Ninety-three of 214 arrestees are charged with federal or state criminal offenses and will face prison time in the United States, said Derek Benner, the deputy executive associat...

State's October unemployment rate down to 4.7 percent

State's October unemployment rate down to 4.7 percent

The statewide figures put Nebraska in good company among states with the country's lowest unemployment rates. But she adds not all communities and regions of the state are benefiti...