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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...

Blockchain Is a Bust, says the Man Who Introduced Bitcoin to Millions

There has been a change of heart for Stefan Thomas who introduced millions of people to bitcoin.   He wrote in an essay titled “ The Subtle Tyranny of Blockchian” that blockchain, the ledger software that makes the digital currency possible, is too rigid to gain wide adoption. A wide range...

FBI says conducting 30 undisclosed insider trading probes

In a sign investigators remains focused on building cases despite a court ruling that could curtail such prosecutions, the FBI in New York City has undisclosed probes into about 30 suspected insider trading schemes, the agency said.   In recent times there has been a resurgence of insider...

Dash for Passports Starts as Brits Abroad Feel Deserted by Mothership

The Brexit referendum has forced British citizens living in other EU countries to reassess the very basics of their existence. And there are about 1.2 million of them.   British passport holders could travel, live and work virtually anywhere in the EU as members of the 28-nation bloc....

More Millionaires in Asia than North America: Capgemini Report

The millionaires of Asia are clearly now much richer than their North American counterparts. In the year 2015, there has been a ten percent rise in the wealth of the millionaires of Asia- Pacific region when the combined riches reached a total of $17.4 trillion from their combined value a year...

Insider Trading on FDA Leaks Charged against Visium's Valvani

In one of the biggest insider trading cases since a 2014 court ruling made it harder for U.S. prosecutors to pursue them, a Manhattan hedge fund manager was charged with trading on confidential tips about drug approvals.   By gaining advance word about U.S. Food and Drug Administration...

Battle of the Silicon Valley Billionaires Expected after Gawker Lawsuit

Gawker Media LLC has managed to find a new supporter and partner in its legal battle against wrestler Hulk Hogan.   A the high-profile lawsuit against Gawker Media LLC brought by wrestler Hulk Hogan would see First Look Media, a news organization founded by Silicon Valley billionaire Pierre...

While Mickelson Settles Charges, Ex-Dean Foods Chairman, Gambler Charged for Insider Trading

Alleged with engaging in an insider trading scheme that netted more than $40 million and included a tip that benefited professional golfer Phil Mickelson, a former chairman of Dean Foods Co and a professional Las Vegas gambler was charged by U.S. authorities very recently.   William "Billy"...
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