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Super-Rich Private Equity Stars Say They Are Misunderstood And Rue 'Lousy' Reputation

While arguing their value to the society was far greater than what the public has so far realized, the ultra-wealthy private equity managers lamented on their reputation of being identified as 'lousy' corporate profiteers while they were at a plush Beverly Hills hotel.   The the fact that...

Trump Sons Eye Domestic Expansion After They Take Helm Of Company

Eric and Donald Trump Jr. are adjusting to the reality presented by their father's presidency and are now at the helm of the Trump Organization. By expanding the brand into parts of the United States that embrace him they're eyeing ways to use the new lease on the family fame.   While Trump...

UK Lawmakers Say Foreign Hackers Could Be Behind Brexit Referendum Website Crash

A committee of British lawmakers said on Wednesday that foreign hackers could have been behind the crash of a website which had allowed Britons to register to vote in last year's European Union referendum. The website had crashed just before the deadline.   Blaming the crash of the website...

Aimed At Fighting ‘Fake News’, $100 Million Pledged by EBay Founder

With the intention of supporting investigative journalism and countering the rise of "fake news", $100 million has bene pledged to be donated by the billionaire founder of eBay.   A "global trust deficit" has been created and the division between governments and society has been...

Xi Reassured By Tillerson On Trump In A Meeting In Brief China Trip

Amid tensions over trade policy and North Korea, the way for amid tensions over trade policy and North Korea was smoothened by U.S. Secretary of State Rex Tillerson who used a 24-hour trip to Beijing to do so.   Tillerson’s tone was more measured in meetings with Chinese officials including...

As 'Trial Of The Century' Begins, Samsung Group Chief Denies All Charges

As prosecutors try to prove the billionaire conspired to funnel millions of dollars to a confidante of President Park Geun-hye to help secure control of the world’s largest smartphone maker, on Thusday, the  trial of Samsung  Electronic Co. vice chairman Jay Y. Lee started   An...

The Highest Rate Of Female Entrepreneurs Is Seen In These Developing Countries

A research by one of the world’s largest plastic card companies, MasterCard, has shown that even though conditions can be discouraging, some of the highest rates of female entrepreneurs can be seen in lower-income countries such as Uganda and Bangladesh.   While in contrast and opposing to...

Beijing Warns Trump that One-China Policy Can’t Be Bargaining Chip

A day after the president-elect hinted for the second time in a month at a reset of U.S.-China relations, China’s foreign ministry urged Donald Trump to recognize the “high sensitivity” with which it views Taiwan and said its One-China policy isn’t negotiable.   After assessing the progress...

$277 Million Accord with Money Manager's Family Reached by Madoff Trustee

A settlement deal that would provide more than $277 million to victims of Madoff's Ponzi scheme was reached between the court-appointed trustee liquidating Bernard Madoff's firm and the family of late Beverly Hills money manager Stanley Chais. The deal was reached on Friday, Bernard Madoff's firm...

SEC Whistleblower Program Allows the Agency to Pay $22 million to ex-Monsanto executive

A whistle blower in the US has been awarded more than $22 million from the Securities and Exchange Commission’s whistleblower program. Making the announcement the executive's lawyer said that the whistle blower, a former Monsanto Co executive, had alerted the agency about the ongoing improprieties...

SEC Whistleblower Program Allows the Agency to Pay $22 million to ex-Monsanto executive

A whistle blower in the US has been awarded more than $22 million from the Securities and Exchange Commission’s whistleblower program. Making the announcement the executive's lawyer said that the whistle blower, a former Monsanto Co executive, had alerted the agency about the ongoing improprieties...

Culprit of FAAC Cyber Attack in Austria Arrested in Hong Kong

Investigations into a cyber attack in Austrian aerospace parts maker FACC have led the investigators to arrest a man from China. The cyber attack had cost the firm 42 million euros ($47.39 million), Austrian police said on Friday.   In a kind of scam that is known as a "fake president...
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