21st Century

Malaysia's 1MDB, Abu Dhabi State Fund Reach Repayment Agreement

State investment funds in Abu Dhabi and Malaysia struck an agreement to avoid potentially embarrassing arbitration proceedings related to billions of dollars that were allegedly misappropriated by a conspiracy of former executives and advisers to both funds, according to people with direct …


How the Murdochs took a multimillion-dollar gamble on Bill O’Reilly — and lost

Earlier this year, when Rupert Murdoch and senior executives at Fox News’ parent company signed Bill OReilly to a new multiyear contract, they knew something the rest of the world didn’t: The star host had been accused of sexual and verbal harassment by women at Fox five times over the preceding 15 …


Trump to sign energy executive orders on Friday: official

WASHINGTON (Reuters) - U.S. President Donald Trump will sign several executive orders on energy on Friday, a White House official said on Sunday.<p>"This builds on previous executive actions that have cleared the way for job-creating pipelines, innovations in energy production, and reduced unnecessary …

Climate Change

‘We love our homes, but we need someone to listen to us’

Dubai’s freehold residents wish for greater contact between them and their property management for everyday concerns.


LafargeHolcim CEO to step down over Syria investigation: source

ZURICH (Reuters) - LafargeHolcim (LHN.S) is close to announcing that its chief executive Eric Olsen is to step down following an internal investigation into activities at a former Lafarge cement plant in Syria, a source familiar with the matter said on Sunday.<p>The source said there would be a change …

Federal consumer agency accuses major mortgage servicer of mishandling loans

(TNS) — The Consumer Financial Protection Bureau sued Ocwen Financial Corp., one of the nation’s largest mortgage servicers, on Thursday, alleging …


Trump to Insist on Border Wall Funding as Budget Deadline Looms

WASHINGTON—A partisan clash over President Donald Trump’s border wall is heightening chances of a government shutdown next weekend as members of the Trump administration and congressional Democrats drew sharp lines in the sand on Sunday.<p>Homeland Security Secretary John Kelly, speaking on CBS’s …

Wall Street

NHS-backed online pharmacies selling 'bleach' as a miracle cure

The largest online pharmacy backed by the NHS has admitted selling a highly potent bleaching agent as a "revolutionary" cure.<p>Regulators are investigating Pharmacy2U for offering a product called Air Oxy containing sodium chlorite, which can cause vomiting and breathing problems.<p>It comes amind …


March for Science draws big crowds, clever signs across U.S.

WASHINGTON/SAN FRANCISCO (Reuters) - Tens of thousands of people turned out in cities across the United States and beyond on Saturday for Earth Day events billed as a "celebration of science" to counter what organizers say is a growing disregard for evidence-based knowledge in Washington.<p>In …

March for Science

Is The Fiduciary Rule Truly Necessary?

The DoL fiduciary rule for retirement investment advice has been delayed by 60-days because of Trump's regulatory review.<p>There is a distinct lack of …

Retirement Planning

Apple self-driving car testing plan gives clues to tech program

| SAN FRANCISCO<p>Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the latest clues to the company's autonomous vehicle technology aspirations.<p>Apple was granted a permit to test self-driving cars on April 14 by the …

Driverless Cars

Petronas seeks partner, not buyer, for Sarawak gas field

KUCHING: National oil corporation Petronas is in the process of selecting a partner to co-develop its SK316 gas field in Sarawak, not looking to sell …

Corporate Sustainability

New questions for Goldman-backed oil venture

A US lawsuit against Goldman Sachs and other backers of a Houston-based oil explorer which became embroiled in African corruption allegations has …


Starting a Business

Traditionally, the formation and use of trusts has had the practical effect of providing an alternative or filling a gap in an otherwise functional …


Photos: Voting Begins in French Presidential Election

French voters cast their ballots in the first round of that country’s election Sunday<p>Most Popular Videos<p>Most Popular Articles


United CEO won't add chairman title in 2018 as was planned

United Airlines said CEO Oscar Munoz, who came under withering criticism for the airline's handling of a passenger-dragging incident, will not …


Indexing Pivotal in S&P Global's Rebound From Crisis Scandal

Once vilified for its role in the financial crisis, S&P Global Inc. is emerging as one of the biggest beneficiaries of the rise of passive investing.<p>The New York-based financial-information giant collects a tiny fee from every investor that buys an exchange-traded fund tied to one of its market …

Wall Street

Delays dog 'shovel ready' projects in Trump's infrastructure plan

NEW YORK (Reuters) - U.S. President Donald Trump reassured manufacturers gathered in the White House Roosevelt room on March 31 that a massive infrastructure program was coming soon.<p>“We’re going to make it happen” this year, he said, according to Drew Greenblatt, the president of Marlin Steel in …


Wells Fargo fiasco raises question of what corporate boards are for

Wells Fargo shareholders will decide at its annual meeting Tuesday whether some or all of the company’s 15 board members should lose their jobs for …

Wells Fargo

Google’s new ad blocker could upend the web publishing business. Don’t expect the U.S. to get in its way. – VICE News

By Noah Kulwin on Apr 22, 2017<p>News that Google, which is no stranger to antitrust battles, plans to implement an ad-blocking function on its Chrome web browser has caught the attention of regulators from Washington, D.C. to Brussels.<p>The feature, first reported by the Wall Street Journal, would make …


Trump Order Takes Aim at Tax Regulations Imposed by Obama

WASHINGTON — President Trump ordered his Treasury Department on Friday to review measures put in place by the Obama administration, setting the stage for a rollback of regulations that were intended to curtail corporate tax evasion and prevent another financial crisis.<p>The executive order and two …

Administrative Law

Trump Says Regulatory Reduction First Step to Tax Reform

President Trump speaks about the tax code and financial regulation before signing executive orders that direct the Treasury Department to review tax …


amaBhungane: R10bn in 15 days - another massive Eskom boost for the Guptas

In August last year, Eskom boss Matshela Koko handed the Gupta-Zuma-owned Tegeta Exploration and Resources a R7-billion coal contract without a …

Renewable Energy

After United Clash, Airport Police Brass Warn Officers to Avoid Feuds

Police agencies that patrol U.S. airports have a message for their rank and file after Chicago officers dragged a United Airlines passenger off a plane: Don’t get involved in carriers’ civil disputes.<p>It is one that police brass have relayed to officers in cities such as New York City and Atlanta in …


Trump teases “massive” tax cut, “big announcement,” bigger than “any tax cut ever“

Former reality television star Donald J. Trump promised late on Friday to reveal plans for a “massive” tax cut for Americans next week. “Tax reform …


How a Concord company landed millions in tax breaks despite questions over its finances

North Carolina officials repeatedly raised questions about the finances of a high-tech battery company before pledging millions of dollars in tax …


APNewsBreak: Problems remain at troubled Washington hospital

Inspectors who visited Washington state's largest psychiatric hospital found that safety problems that thrust the facility into the national …

Health Care

What's News: Business & Finance -- WSJ

Trump rejected a bid by Exxon to sidestep sanctions and resume an oil venture with a politically powerful Russian energy firm.<p>United said its CEO will no longer act as chairman, and that it will revamp executive pay amid fallout over a passenger's removal.<p>U.S. retailers are closing stores at a …


Grab Your Pitchforks, Your 401(k) May Need Defending From Congress

Lawmakers are poised to hack away some of the tax advantages of private retirement plans<p>Most Popular Videos<p>Most Popular Articles


SEC commish Sankey refuses to step down in UNC case

RALEIGH, N.C. - Southeastern Conference Commissioner Greg Sankey has denied a request seeking his removal as head of the NCAA infractions panel …