Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of […]

Swiss court rules in favor of American account holder

Saturday, January 23, 2010 An American client of Switzerland-based bank, UBS, has won an appeal in Swiss court on Friday against providing the Internal Revenue Service (IRS) of the United States with relevant information about his offshore accounts. The Swiss court ruled that the man’s failure to complete an IRS tax form, no matter how much money it pertained to, […]

Retired U.S. vets sue Donald Rumsfeld for excessive service cutbacks

Tuesday, May 31, 2005 One thousand residents of the Defense Department-managed Armed Forces Retirement Home in Washington, D.C. filed a class-action lawsuit on May 24, asserting that the cut-backs in medical and dental services imposed by Secretary of Defense Donald Rumsfeld are illegal. The operating budget for the home was reduced from $63 million in 2004 to $58 million for […]

British surfers catch more than waves: Scientists find antibiotic-resistant bacteria

Wednesday, January 17, 2018 In findings published Sunday in Environmental International, a team from Britain’s University of Exeter reports that surfers and bodyboarders are roughly three times as likely to house antibiotic-resistant Escherichia coli and other bacteria that could easily become resistant, than other people who recreate in the coastal waters of the United Kingdom. The epidemiological study was nicknamed […]

Early morning fire kills four New York group home residents

Sunday, March 22, 2009 After an early morning fire began, four out of the nine people living at the Riverview Individual Residential Alternative group home located in Wells, New York were killed by the blaze. The Sunmount Developmental Disabilities Services Office, which supervises the home, told the media that the fire started at approximately 5:30 AM Eastern Daylight Time. Two […]

US unemployment rate reaches 9.8%

Friday, October 2, 2009 Companies in the United States are shedding more jobs, pushing the country’s unemployment rate to a 26-year high of 9.8%. The US Labor Department said on Friday that employers cut 263,000 jobs in September, with companies in the service industries — including banks, restaurants and retailers — hit especially hard. This is the 21st consecutive month […]

Bus carrying children overturns in Babyninsky, Russia; at least seven die

Wednesday, February 6, 2019 A bus carrying children from Smolensk to Kaluga on Sunday overturned in Babyninsky, Russia. At least seven, including four children, died. At least 45 were aboard, with occupants trapped for hours at the snowy roadside in the upended vehicle until rescuers extracted them from the scene. Police have opened a criminal case against the driver and […]

Caring Burial Service In Philadelphia

Click Here To Know More About: Spectrum Wealth byAlma Abell There is nothing so painful as the passing of a loved one and then being called on to plan the final tribute that will help all of the family and friends deal with the loss. You need to find a caring, trusted Burial Service in Philadelphia. There are many decisions […]

Gastric bypass surgery performed by remote control

Sunday, August 21, 2005 A robotic system at Stanford Medical Center was used to perform a laparoscopic gastric bypass surgery successfully with a theoretically similar rate of complications to that seen in standard operations. However, as there were only 10 people in the experimental group (and another 10 in the control group), this is not a statistically significant sample. If […]

U.S. Senate approves revised bailout package after controversial additions

Saturday, October 4, 2008 The U.S. Senate passed a revised bailout bill designed to help the struggling U.S. financial economy, which has measures nearly identical to the bill rejected by the U.S. House of Representatives on Monday. “Senate Democrats and Republicans believe it is essential that we work quickly on this important legislation to restore confidence to our financial system […]