Oppenheimer Holdings Inc Agrees to Pay $3 Million to Settle Charges of Inappropriate ETF Sales

Oppenheimer Holdings Inc Agrees to Pay $3 Million to Settle Charges of Inappropriate ETF Sales

Without admitting or denying any wrongdoing, Oppenheimer & Co agreed to pay almost $3 million as fines and restitution for settling federal charges that it sold risky exchange-traded funds incorrectly to elderly customers who are mostly averse to risks and also to other retail investors.

Genentec, OSI Pharma Owe $67Million as False Claim Settlement for Lung Cancer Treatment Tarceva

Genentec, OSI Pharma Owe $67Million as False Claim Settlement for Lung Cancer Treatment Tarceva

South San Francisco based Genentech and OSI Pharmaceuticals based in Farmingdale, New York owe $67 million as a part of federal court settlement related to allegations over misleading claims which the companies made regarding a drug used for treating cancer.

New Report says Millionaires will Control Fifty Two Percent of World’s Wealth by 2020

New Report says Millionaires will Control Fifty Two Percent of World’s Wealth by 2020

A new report released on Tuesday states that millionaires will have control greater than half of the total wealth in the world by 2020.

Shares of VeriFone Systems Drop after Company Misses Expectations in Q2 and Gives a Downbeat Outlook

Shares of VeriFone Systems Drop after Company Misses Expectations in Q2 and Gives a Downbeat Outlook

San Jose, California based VeriFone Systems saw its shares drop during the after hour trading to $21.98 or by 22.14percent on Tuesday following a weak guidance and a quarterly result that missed expectations.

Maori leader Sir Graham Latimer dies at the age of 90

Maori leader Sir Graham Latimer dies at the age of 90

Sir Graham Latimer, a prominent Maori leader and former National vice president, has passed away at the age of 90 years. Sir Latimerrecently suffered from Parkinson's disease.

Labour blames fewer police officials for increase in road accidents

Labour blames fewer police officials for increase in road accidents

The Labour has blamed few police officials on the roads due to funding cuts as a result for increase in the number of road accidents.

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Baidu Trims Sales Outlook for the Second Quarter, Shares Slip

Shares of Baidu dropped five percent during the after-hours trading to $154.99 following the cuts in the company's second-quarter revenue estimates.

Crude Oil Futures Drop with Growing Concerns Regarding Global Growth and Brexit

On Tuesday, Crude oil futures dropped during early Asian trading hours with investor ignoring signs of tension in the market focusing more on concerns and sudden declines in stocks on worries of ap

Will Greater Restrictions on Payday Loans Help the Ten Million Americans Who Want Them?

Barring those who actually use payday loans everyone else seems to hate them because of their extremely high rate of interest.

Residents and Businesses of Tornado Struck Areas can Avails Low Interest Loans

A tornado devastated areas of Virginia, Louisiana and Mississippi in February. The governor's office announced that U. S.

Tesla Motor’s Model S Suspension Related Issues Draws some Negative Remarks

Tesla Motors is facing the heat over its suspension problem related issues in its Model S as the media obsession with the company turned out to be a double-edged sword.

Vantage Airport Group Ltd could Attract more Deals for Overhauling U.S Airports

Vancouver based, Canadian developer, Vantage Airport Group Ltd., which has given a makeover to airports starting from Chile to New Zealand is also working towards overhauling th

In the highly competitive markets and changing preferences of customers, once highflying companies often find it difficult to hold on to their high valuations.  One Kings Lane Inc. is a good example of such a case. The on online furnishing retailer which was once valued almost $1 billion a couple of years back was bought by Bed Bath & Beyond Inc for a small part of that price.  On Tuesday, Bed Bath & Beyond Inc. said it acquired the website without disclosing the amount and the terms of the transaction. The

In the highly competitive markets and changing preferences of customers, once highflying companies often find it difficult to hold on to their high valuations.

The Meal Kit Craze is on; Martha & Marley Spoon Joins the Crowd to make Cooking Less Painful

Life is becoming busier than ever and the food companies are making food preparation easier by the day.

Trucker driver on trial for accident that killed cyclist, had blind spots

A truck driver, who is on trial for an accident that killed Taiwanese cycle tourist Ming-Chih Hsieh in Hornby on 29 September, 2014, had significant blind spots as he truned his

Three Yacht crew members saved 500km off New Zealand

A container ship sailing around 500km north of New Zealand were able to save two men and a womanfrom the battered yacht Platino.

BBB Releases Tips for Donors to Make Sure Donations are Used Appropriately

When tragedies like Orlando shooting incident happens, the world rushes to render support to the victims and their families.

Education

Solar Plus Probe to Launch by July 2018: NASA

The U.S. Space agency NASA has announced a solar probe that will gather interesting information for scientists to help them predict any major solar events and its impact on our planet.

Popular Bargains Website Bargain Spot Announces New Zealand Portal

Australian shopping discounts and bargain hunting website is bringing its services to customers in New Zealand.

Elon Musk Offers More Information on Tunnels Project for Solving Traffic Congestion

Billionaire investor and Tesla Motors CEO Elon Musk has been talking about solving Los Angeles traffic problems by digging tunnels.

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Environment

Thousands gather for the opening day of Coronet Peak

Around 2500 people from several places gathered

Man shot by police after domestic dispute in Paeroa

A 57 year old man was shot by the police after

Pre-Planning for Retirement Days is a Must for Comfortable Living

Retirement timing is a major decision is everyo