Sep 20, 2014

Insider trading solution in digital age: Post-it notes

With no surreptitious phone call or text message on illicit hot stock tips safe from U.S. regulators, Frank Tamayo thought he had a perfect no-tech foil: Post-it notes. According to charges filed Friday by the Securities and Exchange Commission, for more than five years ...

U.S. retailer apologizes for 'blood-spattered' Kent State sweatshirt

Sep 16, 2014

U.S. retailer apologizes for 'blood-spattered' Kent State sweatshirt

Hipster retailer Urban Outfitters apologized Monday for offering a one-of-a-kind Kent State sweatshirt with what appeared to be faux bloodstains recalling the 1970 student massacre at the university in Ohio. It pulled the $129 garment from the women’s wear section of its website after ...

Sep 11, 2014

Banking group wants access to NPA's yakuza database

The Japanese Bankers Association wants to take action against yakuza by enabling banks to access the National Police Agency’s database via the Deposit Insurance Corp. of Japan, informed sources said. For banks, having access to the database would improve their client background checks, since ...

Khalilzad, ex-top U.S. diplomat, in laundering probe

Sep 9, 2014

Khalilzad, ex-top U.S. diplomat, in laundering probe

Zalmay Khalilzad, who served as U.S. ambassador to Afghanistan, Iraq and the United Nations under President George W. Bush, is being investigated by American authorities for suspected money laundering, Austrian officials said Monday. State prosecutor Thomas Vecsey confirmed a report in the Austrian weekly ...

Sep 7, 2014

Dozens of Brazil politicians accused in Petrobras scandal

A detained former director of Brazil’s Petrobras has named dozens of lawmakers and senior officials who allegedly received kickbacks from the state-run oil giant, revelations that could damage President Dilma Rousseff as she seeks re-election next month. The allegations, reported to be part of ...

Sep 4, 2014

Madoff's last surviving son, Andrew, dies

Andrew Madoff, Bernard Madoff’s last surviving son, died of cancer on Wednesday, years after turning his father in and insisting he had been duped like the rest of the world into believing history’s most notorious Ponzi king was an honest financier. Andrew Madoff, 48, ...

Dethroned Myanmar beauty queen blasts pageant organizers

Sep 3, 2014

Dethroned Myanmar beauty queen blasts pageant organizers

A dethroned 16-year-old beauty queen from Myanmar said Tuesday she won’t return her bejeweled $100,000 crown until pageant organizers apologize for calling her a liar and a thief. May Myat Noe — the country’s first winner of an international beauty contest — lashed back ...