Deutsche Bank Bill for Russia Mirror Trades Reaches $629 Million – Bloomberg

Deutsche Bank AG was fined $629 million by U.K. and U.S. authorities for compliance failures that saw the bank help wealthy Russians move about $10 billion out of the country using transactions that were likely thinly veiled attempts to cover up financial crime. The U.K. Financial Conduct Authority issued a 163 million-pound ($204 million) fine […]

Two charged in Hamilton ticket resale Ponzi scheme – USA TODAY

Two charged in Hamilton ticket resale Ponzi scheme – USA TODAY

CLOSE x Embed x Share Authorities brought criminal charges against two men accused of managing a Ponzi scheme. USA TODAY Undated handout photo shows Daveed Diggs, Okieriete Onaodowan, Anthony Ramos, and Lin-Manuel Miranda in a scene from the Broadway musical Hamilton at Broadway’s Richard Rodgers Theatre.(Photo: Joan Marcus) It looks like two New York City […]

Apple Sues Qualcomm For $1 Billion, Alleging Extortion – Forbes

Apple Sues Qualcomm For $1 Billion, Alleging Extortion – Forbes

Qualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 (Photo by Ethan Miller/Getty Images) Just days after the United States Federal Trade Commission sued Qualcomm for antitrust violations, Apple is joining in. On Friday, Apple said it was suing the San Diego-based chipmaker, seeking $1 billion damages. Apple said Qualcomm “has unfairly insisted on charging royalties for […]

HUD suspends FHA mortgage insurance rate cut an hour after Trump takes office – Los Angeles Times

An hour after Donald Trump assumed the presidency Friday, his administration indefinitely suspended a pending rate cut for mortgage insurance required for FHA-backed loans, which are popular with first-time home buyers and those with poor credit. The move by the Department of Housing and Urban Development — one of the first acts of Trump’s administration — reversed a policy announced […]

Yiannopoulos, Shkreli event canceled after protests erupt at UC Davis – KABC-TV

The UC Davis College Republicans canceled an event featuring conservative commentator Milo Yiannopulos and pharmaceutical executive Martin Shkreli Friday after protests erupted on campus. Protesters and people interested in the event were so heated they didn’t even believe that the event was canceled when it was announced. People for and against the event rallied for […]

Gadget mountain rising in Asia threatens health, environment – WHIO

Gadget mountain rising in Asia threatens health, environment – WHIO

Jakarta — The waste from discarded electronic gadgets and electrical appliances has reached severe levels in East Asia, posing a growing threat to health and the environment unless safe disposal becomes the norm. China was the biggest culprit with its electronic waste more than doubling, according to a new study by the United Nations University. […]

Volkswagen executives indicted in United States – Tribune-Review

Updated 4 hours ago U.S. officials indicted six executives at German automaker Volkswagen on Wednesday in connection with the company’s scheme to deliberately deceive U.S. regulators about the emissions standards of its diesel-engine vehicles and sell those cars illegally to American […]

US property foreclosures at 10-year low in 2016 – Business Insider

US property foreclosures at 10-year low in 2016 – Business Insider

Locks are seen on the front door of an empty abandoned home in East Orange New Jersey Thomson Reuters (Reuters) – Foreclosure proceedings affected nearly a million U.S. homes and other real estate last year, down 14 percent from 2015 and down 70 percent from the worst of the housing crisis in 2009, a report […]

Massachusetts weighs doing away with winter time shift – Washington Post

Post Contributor Badge This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story. More about badges | Request a badge Massachusetts weighs doing away with winter time shift – Washington Post