© Reuters. SINGAPORE (Reuters) – Two former employees of Singapore marine fuel firm Coastal Oil were charged on Friday for allegedly being involved in a series of offences to cheat eight banks of more than $340 million. Singaporeans Ong Ah Huat and Huang Peishi were charged with multiple counts ofRead More →
© Reuters. Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha By Jonathan Stempel (Reuters) – The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett’s BerkshireRead More →
For a community, rapid growth is easy. Bolstered by state and federal funding, municipal bond debt financing as well as tax incentives and deferrals, cities and towns that want to induce new development have many means of doing so. With each transaction, they receive immediate fees and tax revenue, butRead More →
By Chris Prentice NEW YORK (Reuters) – U.S. prosecutors said on Tuesday they had charged six members of an insider trading ring who worked for firms including Goldman Sachs Group (N:), Moelis and Centerview Partners and allegedly booked tens of millions of dollars in illicit profits. The U.S. Attorney’s OfficeRead More →
© Reuters. Goldman Sachs investment banker charged in insider trading scheme By David Shepardson (Reuters) – A Goldman Sachs Group Inc (N:) investment banker was released on bond and placed on leave by the firm after allegedly being involved in an insider trading scheme, a bank spokeswoman said on Saturday.Read More →
© Reuters. FILE PHOTO: The logo of Teva Pharmaceutical Industries WASHINGTON (Reuters) – U.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices – sometimes by more than 1,000 percent – and stifle competition for generic drugs, stateRead More →
