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News & Updates
August 5, 2015 BofA Governance Worst Since Pre-Crisis Citigroup, Mayo SaysSource: Bloomberg
Bank of America Corp., which overruled a shareholder vote mandating an independent chairman, has the worst corporate governance of any big bank since Citigroup Inc. before the financial crisis, CLSA Ltd. analyst Mike Mayo said.
August 5, 2015 Apple's momentum 'meltdown' bites investorsSource: Reuters
The recent declines have wiped out nearly $100 billion of Apple's market value - about as much as fellow Dow components Boeing and McDonald's are worth in total. For CEO Tim Cook, it means his stake of more than 111 million...
August 5, 2015 Yahoo Squashes Ads Infected by MalwareSource: PC Magazine
Researchers at Malwarebytes on Monday released details of a large-scale attack abusing Yahoo's own advertising network. The so-called "malvertising" campaign started on July 28 and was active for several days before the security...
August 5, 2015 Hacking: Only Fiat Chrysler at riskSource: Motoring
Harman, which supplies car infotainment systems to Fiat Chrysler as well as many other manufacturers including BMW, Daimler and Volvo, says the hacking risk that led to the recall of 1.4 million Chryslers in July seems to be...
August 4, 2015 Executive pay is a touchy but misunderstood subjectSource: ft.com
Executive compensation is closely scrutinised by politicians and public investors. Oracle, the software company, was criticised last year for paying its three top executives more than $35m each.
U.S. auto sales were stronger than expected in July and kept the industry on pace for its best performance since the turn of the century as cheaper gasoline and low interest rates drove the shift toward sport utility vehicles and...
August 3, 2015 Pot Credit Union in CO sues Federal Reserve and NCUASource: National Monitor
The Fourth Corner Credit Union, a financial house created for the pot industry, has filed two lawsuits this week challenging their denied applications by the National Credit Union Administration and the U.S. Federal Reserve
Financial News - The îInterfaith Center on Corporate Responsibilityî will today meet with Wells Fargo officials to discuss the bank's internal standards and the publication of details of them. The organisation, which...
Tokyo: A trio of former executives from the crippled Fukushima nuclear plant will be indicted over the 2011 accident, a judicial review panel decided today, paving the way for the first criminal trial linked to the disaster.
July 31, 2015 Beijing wins election to host 2022 Winter OlympicsSource: USA Today
KUALA LUMPUR, Malaysia — Beijing was selected Friday to host the 2022 Winter Olympics, becoming the first city awarded both the winter and summer games. Beijing defeated Almaty, Kazakhstan, in a vote of the International Olympic...
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