US SEC was put under pressure for improper contractor vetting. The US Securities and Exchange Commission (SEC) was placed in a "hot seat" for failing to do a proper background check on 40 to 70 contractors.
Sectors
Grohe gets 4 additional bidders
Grohe announced that they received 4 more bids from rival companies Four additional bidders submitted their intent to offers for Grohe, Europe's lagest bathroom equipment maker.
Bankrupt Jefferson County hires Citigroup to handle bond refinancing
Citigroup Global Markets was picked by bankrupt Jefferson County to handle its bond refinancing. Lawmakers from the bankrupt Jefferson County, Alabama, picked Citigroup Global Markets, part of Citigroup Inc.
Apple acquires Locationary and HopStop
Apple Inc announced the acquisition of mapping companies, Locationary and HopStop. Apple Inc announced that they have acquired two small companies, Locationary and HopStop.
Comic Con aims to raise US$1 from fans for non-studio revo
Comic Con requested US$1 from its millions of fans to join in a non-studio revoluttion Comic Con requested its followers on social media, which was now in the millions, for US$1 each.
Latest News
Emerging economies are set for a wake-up call as FED decisions and the China economy slowdown affects economic growth.
Prime Minister Shinzo Abe created the “Abenomics” policy for Japan's stagnant economy. On Sunday, Japanese Prime Minister Shinzo Abe will find out whether his mandate to end the country's economic stagnation will push through.
The US FTC announced that they are giving the green light for GE Electric Co's acquisition of Avio SpA's aviation business.
Multi-dollar rice invention scheme brought financial woes to Thailand. Moody, a ratings agency, warned Thailand of the risk "populist measures" would have on government finances.
Chancellor Angela Merkel said that she is calling the EU to set tougher data protection rules. Angela Merkel, Chancellor of Germany, announced that she will push for tougher European Union data protection rules.
Spanish Prime Minister, Mariano Rajoy claims that recovery is close for Spain. Spain Prime Minister, Mariano Rajoy makes a risky political bet by making claims that recovery is close at hand for Spain.
SEC said that they are ready for the Fabrice Tourre trial. The U. S. Securities and Exchange Commission announced that they head to trial for the fraud case against the former Goldman Sachs bond trader, Fabrice Tourre.
Starwood Capital Group LLC announced that they have made an offer to acquire New York based luxury department store chain, Saks Inc.
Columbia's Grupo Aval announced their intent to acquire 100% stake in BBVA Panama Grupo Aval announced that they will pay US$490 million to acquire the Panamanian operations of BBVA Bank.
