NHTSA issues statement to counter Elon Musk of Tesla's claim that the Model S is the 'safest car ever.'
Legal & Regulatory
Goldman Sachs director accused of rape
A confirmed managing director at Goldman Sachs was charged with rape and released on bail. A managing director at Goldman Sachs New York was charged with the rape of a 20 year old woman while on vacation at the upscale Hamptons over the week.
Corruption trial showcases pervasive corruption in China
The corruption trial of former politician Bo Xilai showcased the extent and pervasiveness of corruption in China.
Two incidents show vulnerabilities of American trade markets
The recent NASDAQ shutdown showed to all the vulnerabilities of the US Stock Market. The recent technological breakdowns have exhibited the vulnerability of the US stock market to these kinds of issues and glitches.
Former New England Patriot indicted for murder, set to lose money
Former New England Patriot Aaron Hernandez was indicted for murder and stands to lose over USD39 million of salary and bonuses.
Latest News
Jesta Digital LLC would refund its clients and pay USD1.2 million to the Federal Trade Commission over claims that Jesta included unwarranted fees to consumers' cellphone bills.
US District Judge Samuel Conti dismissed a court case filed by the shareholders of Netflix Inc due to failure to resolve shortcomings.
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.
China's antitrust regulators placed pressure to thirty foreign firms as they seek confessions for antritrust violations on a closed-door meeting held last July 24 and 25.
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.
Sergei Shvetsov was named as the head of a new Russian "mega-regulator" to oversee the country's financial markets.
