Search Results for: Oman
Commodity Benchmarks Seen Open to Manipulation, Law Firm Says
December 8th, 2014
Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to a new study. The report, to be published today by ...
U.S. auction of Silk Road bitcoins draws 27 bids
December 5th, 2014
The U.S. Marshals Service on Thursday received more than two dozen bids for 50,000 bitcoins seized from the alleged owner of Silk Road, an Internet black-market bazaar on which authorities say drugs and other illegal goods could be bought. ...
Sony Pictures hack: Leaked Data Reveals A Big Gender Pay Gap At The Top Of Deloitte
December 4th, 2014
In the mid-2000s, the auditing and consulting firm Deloitte had a gender pay problem. The chart below comes from Fusion, which analyzed 2005 salary information for over 30,000 employees. The data was leaked as part of the major Sony Pictures ...
Bitcoins Seized From Silk Road Offered in Second Auction
December 4th, 2014
The U.S. government will auction 50,000 bitcoins as it disposes the virtual currency seized after closing down the illicit Silk Road marketplace last year. Today’s tender is the second sale after the U.S. Marshals Service sold almost 30,000 bitcoins in June, ...
Fall of the Bond King: How Gross Lost Empire as Pimco Cracked
December 4th, 2014
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...
Sweetheart tax avoidance deals to receive greater scrutiny from the EU
December 3rd, 2014
Draft legislation to oblige sharing of corporation tax deals, as Germany, France and Italy pressure Juncker over Luxembourg The European commission has pledged to fast-track new legislation to establish greater scrutiny over sweetheart tax avoidance deals for big companies. ...
Apple in the Dock: $1 Billion Antitrust Claim Casts Steve Jobs as Conspirator
December 2nd, 2014
In 2005, Mariah Carey had the number one single, “Grey’s Anatomy” was among the hottest shows on television, and Steve Jobs, and Apple Inc.’s iPod, were king. Customers of rival music players marred this shiny prospect for Apple and ...
Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit
November 28th, 2014
Goldman Sachs Group Inc (GS.N), Germany’s BASF(BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff’s law firm called the first nationwide class action over alleged price-fixing of the metals. In a ...
As U.S. hearings loom, Takata faces long slog in air bag crisis
November 20th, 2014
Takata Corp (7312.T) faces a long battle to gauge the fallout from a fast-moving air bag crisis as recalls mount up, adding to the costs for the loss-making Japanese auto partsmaker. Two U.S. Senators have called a news conference on ...
As Ruble Falls Even Teeth Cost Too Much to Fix
November 19th, 2014
In Rostov-on-Don, a Russian port city of 1.1 million people just east of the Ukrainian border, signs of the fallout from the ruble’s collapse are everywhere. There’s the 27-year-old entrepreneur whose storage facility is packed to the ceiling with ...
