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The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake MOSCOW (Reuters) – Russian communications watchdog Roskomnadzor said on Monday it had been informed by Google that the search engine does not cha... More »
The building that houses the headquarters of Mitsubishi Materials Corp is seen in Tokyo, Japan, November 24, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Mitsubishi Materials Corp (5711.T) saw its stock fall as much as 11 percent on Friday after it said three su... More »
TOKYO (Reuters) – Shares of Mitsubishi Materials Corp (5711.T) fell as much as 11 percent on Friday after the company said its subsidiaries had falsified product data, the latest in a series of quality assurance scandals involving Japanese manufacturers. Mitsu... More »
FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo BRUSSELS (Reuters) – European Union privacy regulators will discuss ride-hailing app Uber’s [UBER.UL] massive data breach cover-up nex... More »
FILE PHOTO: Norman Seabrook, the head of New York City’s prison guard union, exits the Manhattan District court house in New York, U.S., July 22, 2016. REUTERS/Eduardo Munoz/File Photo NEW YORK (Reuters) – A U.S. judge on Thursday ordered a mistrial in the cor... More »
Bitcoin, whose value has fluctuated significantly this month, remains a "speculative" investment that thrives because of the cryptocurrency's anonymous nature, BlackRock Inc (BLK.N) Chief Executive Larry Fink said on Monday. More »
German prosecutors said on Friday they had searched a major Frankfurt bank as well as the homes of several suspects on suspicion of tax evasion via so-called "cum-ex" transactions. More »
Kobe Steel Ltd said on Friday a lack of quality controls and a focus on profits was behind the widespread data tampering that has shaken up the supply chains of car and plane makers around the world. More »
European Union lawmakers called on Friday for stricter EU supervision of Malta's application of the bloc's rules on money laundering and basic rights, stepping up pressure after the assassination of an investigative journalist on the island. More »
A bank in Nepal is the latest victim in a string of cyber heists, though most of the stolen funds have been recovered, two officials involved in the investigation confirmed on Tuesday. More »
The U.S. government said it has begun distributing $772.5 million from a $4.05 billion fund to compensate victims of Bernard Madoff's Ponzi scheme, ending a nearly nine-year wait for thousands of people to start recouping their losses. More »
U.S. Commerce Secretary Wilbur Ross has kept investments in a shipping firm with significant business ties to Russian President Vladimir Putin's inner circle, U.S. media reported on Sunday, citing leaked documents from an offshore law firm. More »
Special Counsel Robert Mueller pushed back on Sunday against Paul Manafort's efforts to avoid house arrest, arguing that President Donald Trump's former campaign manager needed to further detail the finances behind his proposed $12 million bail agreement. More »
Wells Fargo & Co is facing litigation over previously disclosed sales problems related to its auto lending and mortgage businesses, the bank disclosed in a regulatory filing on Friday. More »
Embattled Kobe Steel Ltd has decided to withdraw its forecast for the current financial year as it struggles to quantify the impact of its data falsification scandal, the Nikkei business daily reported on Monday. More »
Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker and a shareholder of Kobe Steel Ltd, is willing to provide support to Kobe if it receives any request, the president of Nippon Steel said on Monday. More »
Subaru Corp (7270.T) failed to follow proper inspection procedures for vehicles destined for the domestic market at a factory in Japan, two people with knowledge of the matter said on Friday. More »
The billionaire founder of Insys Therapeutics Inc was arrested on Thursday on U.S. charges he participated in a scheme to bribe doctors to prescribe a fentanyl-based cancer pain drug, marking a step by authorities to fight the opioid epidemic. More »
Silicon Valley business software startup Zenefits and its co-founder Parker Conrad have been fined nearly $1 million by the U.S. Securities and Exchange Commission as part of a settlement over charges that they misled investors. More »
The largest U.S. veterans service organization on Thursday urged President Donald Trump to veto recent legislation allowing financial companies to block customers from banding together to sue, saying it would hurt members of the armed forces. More »
Kobe Steel Ltd is considering withdrawing its earnings forecast for this fiscal year as it struggles to quantify the impact of its data falsification scandal, Kyodo reported on Monday. More »
Are unsuspecting seniors around the United States being scooped up without warning from their homes, placed in nursing homes and having their possessions taken away? More »
A Brazilian whose arrest led U.S. authorities to discover $17 million hidden under a mattress pleaded guilty on Thursday to charges that he tried to launder funds tied to one of the largest pyramid schemes ever. More »
When cheating becomes habitual, the consequences could be costly. More »
Crisis-hit Kobe Steel Ltd (5406.T) said on Friday its steel division has also falsely labeled products, the latest in a string of revelations confirming widespread cheating at the firm that has engulfed its global customers. More »
The founder of an oil and gas networking website who pleaded guilty to hacking a rival site he had created and sold to DHI Group Inc was sentenced to one year and one day in prison on Friday. More »
A suburban New York hedge fund manager accused of losing or spending all but about $27,000 of the $21.8 million he told investors he had was criminally charged on Thursday with running a Ponzi scheme. More »
New Jersey on Thursday accused Insys Therapeutics Inc of engaging in a fraudulent scheme to boost sales of a fentanyl-based cancer pain drug, as Massachusetts announced a $500,000 settlement with the drugmaker to resolve similar allegations. More »
A self-proclaimed psychic who was paid $3.5 million by an elderly Massachusetts woman in exchange for claiming to cleanse her of demons pleaded guilty on Thursday to trying to avoid paying taxes. More »
Israel's Bank Hapoalim said on Tuesday the amount it may have to pay in a future settlement with U.S. authorities in a tax evasion probe could be "significantly higher" than previously thought and the provision for it may have to be raised. More »
The Interior Department's watchdog agency has launched an investigation into Secretary Ryan Zinke's travels after reports emerged last week that he had used a private plane owned by an oil executive, the inspector general's office said on Monday. More »
The chief executive of Canada's biggest lender on Thursday pushed back on a suggestion by JPMorgan (JP.N) Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring. More »
A tree trimming company has been handed the largest penalty imposed in a United States immigration case, totaling $95 million, after pleading guilty to employing illegal immigrants, the U.S. Attorney’s Office said. More »
Former Illinois U.S. congressman Mel Reynolds was found guilty in federal court on Thursday for failing to file federal income tax returns, marking the latest legal trouble for the one-time Democratic Party rising star. More »
There is a widespread sense of fear hanging over consumers in the aftermath of the data breach at credit-monitoring firm Equifax revealed in early September that approximately 143 million consumers' personal and financial records were exposed. More »
Aegerion Pharmaceuticals Inc will plead guilty to two misdemeanors and pay $40.1 million to resolve investigations into its marketing and sales of an expensive cholesterol drug, U.S. authorities said on Friday. More »
Wells Fargo (WFC.N) Chief Executive Tim Sloan is due to testify before Congress on Oct. 3 as the bank deals with fallout from a sales scandal a year ago that continues to spark new revelations. More »
The French investigation into alleged emissions cheating by PSA Group (PEUP.PA) and other automakers found that suspect software had been used on almost 2 million vehicles sold by the maker of Peugeot and Citroen cars, Le Monde reported on Friday. More »
German authorities have recovered a cache of stolen artworks by neo-expressionist painter Georg Baselitz worth 2.5 million euros ($2.97 million) after the thieves tried to sell some of them, police said on Tuesday. More »
Russian President Vladimir Putin said on Tuesday that neither censorship nor pressure was behind the arrest of prominent Russian film and theater director Kirill Serebrennikov, who has a history of criticizing authority. More »
Commonwealth Bank of Australia (CBA.AX) was hit on Tuesday with potentially Australia's biggest class-action lawsuit over a money-laundering scandal that has already smashed its share price and exposed it to billions of dollars in fines. More »
Thailand's defense minister on Monday said he did not know the whereabouts of former prime minister Yingluck Shinawatra, days after she failed to show up for a verdict in her trial for negligence at which she faced up to 10 years in prison. More »
When Alexander Vinnik was arrested on money-laundering charges at a Greek hotel in late July, the status of his Jabber secure online messaging account was set to "away". More »
U.S. action against suspected Russian cyber criminals has surged to a record high this year despite efforts by President Donald Trump to improve ties with Moscow. More »
A money laundering probe at Commonwealth Bank of Australia (CBA.AX) is the latest in a slew of scandals denting the reputation of Australian banks as simple, reliable lenders at the forefront in the battle against financial crime. More »
Insys Therapeutics Inc has agreed to pay $4.45 million to resolve a lawsuit by Illinois' attorney general claiming it deceptively marketed an addictive fentanyl-based cancer pain drug for off-label uses. More »
Time Warner Inc's (TWX.N) HBO network last month offered $250,000 to cyber criminals who hacked into its computer system, asking them to extend a deadline for paying a much larger ransom, according to an email reviewed by Reuters. More »
A 38-year-old Orlando woman who pretended to have terminal cancer and accepted donations when she lived in New York's Westchester County several years ago was arrested on Friday and charged with fraud, U.S. prosecutors said. More »
The Commonwealth Bank of Australia (CBA.AX) said on Monday a software "coding error" was responsible for the "vast majority" of the anti-money laundering law breaches it was accused of last week. More »
Wells Fargo & Co (WFC.N) will pay the U.S. government $108 million to settle a whistleblower lawsuit claiming it charged military veterans hidden fees to refinance their mortgages, and concealed the fees when applying for federal loan guarantees. More »
Russia’s Foreign Minister Sergey Lavrov attends a news conference during the BRICS Foreign Ministers meeting in Beijing, China June 19, 2017. Russian Foreign Minister Sergei Lavrov said on Wednesday it was “wild” that U.S. President Donald Trump’s eldest son w... More »
Two former Insys Therapeutics Inc sales representatives including the wife of its ex-chief executive pleaded guilty on Tuesday to engaging in schemes to pay kickbacks to medical practitioners to prescribe a drug containing the opioid fentanyl. More »
A U.S. judge has appointed a new receiver to oversee the unwinding of assets held by hedge fund firm Platinum Partners, after the first receiver resigned over disagreements with federal securities regulators. More »
Flags with the Audi logo are pictured in Ingolstadt, the home of German carmaker Audi March 3, 2016. REUTERS/Michael Dalder Munich prosecutors arrested an Audi employee on suspicion of fraud and false advertising in connection with the carmaker’s emissions sca... More »
The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. REUTERS/Michael Buholzer Mondelez International Inc (MDLZ.O), the world’s second-largest confectionary company, said its second-quarter revenue growth would b... More »
Martin Shkreli, former chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, departs after a hearing at U.S. Federal Court in Brooklyn, New York, U.S., June 26, 2017. REUTERS/Lucas Jackson Federal prosecutors on Monday asked a U.S... More »
FILE PHOTO: A ballot is placed into a locked ballot box by a poll worker as people line-up to vote early at the San Diego County Elections Office in San Diego, California, U.S., November 7, 2016. REUTERS/Mike Blake/File Photo Maryland, Delaware and Louisiana o... More »
FILE PHOTO: A Volkswagen VW car is seen at a car dealer in Bochum, Germany March 16,2016. REUTERS/Ina Fassbender/File Photo German carmaker Volkswagen (VOWG_p.DE) has agreed to buy back diesel cars equipped with illicit emissions control software after decidin... More »
Football Soccer – Latvia vs Portugal – 2018 World Cup Qualifying European Zone – Group B – Skonto Stadium, Riga, Latvia – June 9, 2017 Portugal’s Cristiano Ronaldo gestures Reuters / Kacper Pempel Soccer star Cristiano Ronaldo denied on Tuesday ever hiding any... More »
A former State Street Corp executive has agreed to plead guilty in connection with a scheme to defraud six clients through secret commissions on billions of dollars of trades, according to court papers filed on Tuesday. More »
Alex Cruz, Chairman and Chief Executive of British Airways attends The British Air Transport Association (BATA) Annual Lecture in London, Britain October 12, 2016. REUTERS/Stefan Wermuth British Airways said a power supply issue was to blame for a global compu... More »
British Airways (ICAG.L) said it had canceled all flights from London’s Heathrow and Gatwick airports on Saturday following a global IT system failure. More »
A Canadian suspected of involvement in a massive 2014 breach of Yahoo email accounts linked to Russia is appealing a decision to hold him in custody pending an extradition hearing, the man’s lawyer said on Friday. More »
FILE PHOTO: Michael Ovitz, co-founder of Creative Artists Agency and former Walt Disney Company president arrives for the the annual Allen and Co. media conference Sun Valley, Idaho July 7, 2015. REUTERS/Mike Blake/File Photo A former Los Angeles art dealer wh... More »
Jay Clayton is sworn in to testify at a Senate Banking, Housing and Urban Affairs Committee hearing on his nomination of to be chairman of the Securities and Exchange Commission (SEC) on Capitol Hill in Washington, U.S. March 23, 2017. REUTERS/Jonathan Ernst W... More »
Joseph Meli and his wife, Jessica Meli, exit U.S. Federal Court in Manhattan, New York, U.S., January 27, 2017, after Meli and Steven Simmons were charged with running a criminal Ponzi scheme that swindled investors in a purported ticket-reselling business for... More »
Chief Executive Eric Olsen of LafargeHolcim, the world’s largest cement maker addresses a news conference to present the company’s 2016 results in Zurich March 2, 2017. REUTERS/Arnd Wiegmann LafargeHolcim (LHN.S) Chief Executive Eric Olsen will leave the compa... More »
China’s Foreign Ministry said on Wednesday Interpol had issued a “red notice” for Guo Wengui, a controversial property tycoon who has made claims of high-level corruption within the ruling Communist Party. More »
The John Sopinka Courthouse, where Karim Baratov appeared in front of a judge, in connection with a U.S. Justice Department investigation into the 2014 hacking of Yahoo, is pictured in Hamilton, Ontario, Canada March 15, 2017 . REUTERS/Peter Power A Canadian j... More »
FILE PHOTO: Leon G. Cooperman, CEO of Omega Advisors, Inc., speaks on a panel at the annual Skybridge Alternatives Conference (SALT) in Las Vegas May 7, 2015. REUTERS/Rick Wilking/File Photo The billionaire hedge fund manager Leon Cooperman has asked a federal... More »
A U.S. federal judge has allowed a lawsuit to proceed against Germany over claims of the Nazi-era theft from Jewish dealers of a celebrated collection of gilded medieval art treasures. More »
Credit Suisse logo is pictured on their office in Warsaw Poland, March 15, 2017. REUTERS/Kacper Pempel Credit Suisse (CSGN.S) has taken out adverts in British Sunday newspapers stressing a zero-tolerance policy on tax evasion, as the Swiss bank tries to limit ... More »
South Korea’s ousted leader Park Geun-hye leaves a prosecutor’s office in Seoul, South Korea, March 22, 2017. REUTERS/Kim Hong-Ji Former South Korean President Park Geun-hye left prosecutors’ offices early on Wednesday after being questioned in an investigatio... More »
A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly U.S. banks should not cut ties with foreign clients over money- laundering worries unless officials have ... More »
The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. REUTERS/Rick Wilking/File Photo Wells Fargo & Co will launch a new multi-channel ad campaign, its chief executive said on Tuesday, in a further sign of the bank’s efforts to regain ... More »
FILE PHOTO: Leon G. Cooperman, CEO of Omega Advisors, Inc., speaks on a panel at the annual Skybridge Alternatives Conference (SALT) in Las Vegas May 7, 2015. REUTERS/Rick Wilking/File Photo A federal judge on Monday rejected billionaire hedge fund manager Leo... More »
Choi Soon-sil, a long-time friend of South Korean President Park Geun-hye who is at the center of the South Korean political scandal involving Park, arrives for her first court hearing in Seoul, South Korea, December 19, 2016. Korea Pool/via REUTERS Denmark wi... More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 19, 2017. REUTERS/Kim Hong-Ji/Files A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee’s bribery trial to an... More »
U.S. Secretary of State Rex Tillerson walks to meet Japanese Prime Minister Shinzo Abe, prior to their meeting at the prime minister’s office in Tokyo, Japan March 16, 2017. REUTERS/Eugene Hoshiko/Pool U.S. Secretary of State Rex Tillerson’s use of an alias em... More »
Barry Cadden (L), the former president of New England Compounding Center, enters the federal courthouse in Boston, Massachusetts, U.S. March 16, 2017. REUTERS/Nate Raymond A federal prosecutor urged jurors on Thursday to find the co-founder of a now-defunct Ma... More »
A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Wells Fargo & Co’s board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive bon... More »
South Korea’s ousted leader Park Geun-hye greets her supporters as she arrives at her private home in Seoul, South Korea, March 12, 2017. REUTERS/Kim Kyung-Hoon min Park More »
South Korean prosecutors started investigating domestic conglomerates Lotte Group and SK Group as part of a wider probe into a graft scandal that led to Park Geun-hye’s removal from the presidency, Yonhap news agency reported on Wednesday. More »
South Korea will hold a presidential election on May 9 to replace impeached leader Park Geun-hye, who was dismissed last Friday over a corruption scandal, the Yonhap news agency reported on Wednesday. More »
Monsanto logo is displayed on a screen where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. on May 9, 2016. REUTERS/Brendan McDermid/File Photo Employees of Monsanto Co ghostwrote scientific reports that U.S. regu... More »
South Korea’s former president Park Geun-hye’s pet dogs are seen in this handout picture provided by the Presidential Blue House and released by News1 on December 24, 2015. The Presidential Blue House/News1 via REUTERS A South Korean animal rights group has fi... More »
The logo of the Monetary Authority of Singapore (MAS) is pictured at its building in Singapore in this February 21, 2013 file photo. REUTERS/Edgar Su/File Photo The Monetary Authority of Singapore (MAS) issued a 10-year prohibition order on Monday against Tim ... More »
South Korea’s ousted leader Park Geun-hye sitting inside a vehicle waves to her supporters upon her arrival to her private house in Seoul, South Korea, March 12, 2017. Seo Myeong-gon/Yonhap via REUTERS min Park More »
Protesters supporting South Korean President Park Geun-hye clash with riot policemen near the Constitutional Court in Seoul, South Korea. Kyodo/via REUTERS South Korea’s Constitutional Court removed President Park Geun-hye from office on Friday over a graft sc... More »
FILE PHOTO: Russian Sports Minister Vitaly Mutko attends a news conference after a meeting of the management board of the 2018 FIFA World Cup Russia local organising committee in Moscow, Russia, July 5, 2016. REUTERS/Sergei Karpukhin/File Photo Russian deputy ... More »
A Wells Fargo Bank is shown in Charlotte, North Carolina, U.S., September 26, 2016. REUTERS/Mike Blake Wells Fargo & Co (WFC.N) has taken further steps to restructure its retail banking business, demoting some senior executives within the bank, the Wall Street... More »
FILE PHOTO – The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, DC, U.S. on June 24, 2011. REUTERS/Jonathan Ernst/File Photo Entertainment featuring Bob Dylan, Paul McCartney, The Rolling Stones and eve... More »
Special prosecutor Park Young-soo announces the results of their investigation over an influence-peddling scandal involving South Korean President Park Geun-hye, in Seoul, South Korea, March 6, 2017. REUTERS/Kim Hong-Ji min Park More »
A lawyer for South Korea’s President Park Geun-hye said on Monday that the special prosecutor’s bribery charge against Park was “an absurd fiction, far from truth”. More »
The logo of Samsung Electronics is seen in front of its building in Seoul, South Korea, February 28, 2017. Picture taken February 28, 2017. REUTERS/Kim Hong-Ji South Korean conglomerate Samsung Group [SAGR.UL] reiterated on Monday that it did not pay bribes or... More »
Russia’s Deputy Central Bank Governor Vasily Pozdyshev speaks during an interview with Reuters in Moscow, Russia, September 20, 2016. Picture taken September 20, 2016. REUTERS/Sergei Karpukhin Russia plans to extend a review of bank licenses for another two ye... More »
More U.S. consumers complained about imposter scams than identity theft for the first time in 2016, as fraudsters relied more on the phone and less on email to find victims, the Federal Trade Commission said on Friday. More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 22, 2017. REUTERS/Kim Hong-Ji/File Photo Samsung Group leader Jay Y. Lee will go on trial for bribery and embezzlement on Thursday, a court sa... More »
A Caterpillar grader works at a development in Arvada, Colorado March 2, 2017. REUTERS/Rick Wilking After U.S. authorities raided Caterpillar Inc’s Peoria, Illinois, headquarters as part of a criminal investigation Thursday, the company stated the search was p... More »
Russian President Vladimir Putin speaks during a news conference at the Kremlin in Moscow, Russia, January 17, 2017. REUTERS/Sergei Ilnitsky/Pool/File Photo Russia has never had a state-sponsored doping program, President Vladimir Putin said on Wednesday, afte... More »
