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April 10, 2014 Bank of America to pay customers $727 million for illegal credit card actions

Source: Orlando Business Journal

The Consumer Financial Protection Bureau has ordered Charlotte, N.C.-based Bank of America (NYSE: BAC) to pay $727 million in relief to consumers for misleading them in the sale of credit-card add-on products. The CFPB says 1.4...

April 10, 2014 Hewlett-Packard fined $108 million in bribery cases

Source: SF Gate

Hewlett-Packard will pay $108 million in criminal fines and civil penalties for bribing officials in Russia, Poland and Mexico to win technology contracts, the Justice Department announced Wednesday.

April 9, 2014 EXECUTIVE PERSPECTIVE: In historic event, environment to be placed at heart of global agenda

Source: Reuters

The environment is set to take centre stage this June with the holding of a landmark meeting in Nairobi, Kenya, the home of the United Nations Environment Programme (UNEP). Environment Ministers and Government representatives...

April 9, 2014 The FDA's Outdated Rules Regarding Chemical Additives Might Be Making Us Sick - Monday in Washington, D.C., the îGrocery Manufacturers Associationî -- admittedly not our favorite organization, for somewhat obvious reasons-- held a science forum which included one very important...

April 9, 2014 US Banks Must Boost Capital Levels By $68B And Change Their Leverage Ratio Under New Rules

Source: International Business Times

Eight large U.S.banks must boost capital levels by a total of $68 billion by 2018 under new federal norms, U.S. regulators said Tuesday, as they work toward putting checks and balances in place to reduce the risk of a repeat of...

April 9, 2014 U.K. Risks Brownout Without Power From Scotland

Source: Bloomberg

Scottish First Minister Alex Salmond said England would risk power brownouts without supplies from his region

April 8, 2014 EU court rules against requirement to keep data of telecom users

Source: Reuters

The European Union's highest court ruled on Tuesday that an EU directive requiring telecoms companies to store the communications data of EU citizens for up to two years was invalid. "The Court of Justice declares the Data...

April 8, 2014 Citigroup agrees $1.13bn settlement with investors

Source: BBC News

Citigroup is to pay $1.13bn (£676m) to settle claims by investors who had demanded it buy back billions in residential mortgage-backed securities. A group of 18 institutional investors asked the bank to make the offer to the...

April 8, 2014 Number of Americans without health insurance reaches six-year low


NEW YORK - The percentage of Americans without health insurance dipped to its lowest in nearly six years due in part to President Obama's health-care reform law, commonly known as Obamacare, according to a Gallup poll released on...

April 8, 2014 World 'needs Plan B' on climate - IPCC report

Source: BBC News

The world needs a Plan B on climate change because politicians are failing to reduce carbon emissions, according to a UN report. It warns governments if they overshoot their short-term carbon targets they will have to cut CO2...

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