City PA avoids jail over £10,000 company fraud
A PA who stole thousands of pounds from her London employers to pay for a friend’s breast enhancement operation has been spared jail. Emily McMillan used corporate credit cards belonging to senior executives at global financial firm JP Morgan to fund the £3,500 procedure.
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Two thirds of higher income Canadians plan to reduce debt over the next year: PwC
A solid 67% majority of higher income Canadians are comfortable with their debt levels. Despite this, 64% plan on decreasing their debt over the next 12 months, according to a consumer lending survey released Monday PricewaterhouseCoopers.
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Quarter of Scots will be aged over 65 by the year 2033
FEARS have been raised over whether Scotland can continue to afford to pay for universal benefits and increasing health care demands after official projections revealed the co
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Khurshid ‘dismayed’ over Gadkari’s Afzal comments
Corporate Affairs Minister Salman Khurshid today expressed dismay over Bharatiya Janata Party (BJP) president Nitin Gadkari’s controversial comment terming parliament attack convict Afzal Guru as the “son-in-law” of the Congress.
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BP credit rating downgraded over oil disaster
Moody’s became the second of the “big three” credit rating agencies to downgrade BP today, over concerns that the Gulf of Mexico oil disaster will damage the energy giant’s balance sheet.
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Older Couple Loses Home Over Mortgage Mix-Up
An older Maryland couple who spoke to the WBAL TV 11 News I-Team says they wanted the story about their struggle to save their home — and the mix-up they blame for losing it — to be told so it won’t happen to other people.
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Source: NY AG probing 8 banks over securities
New York’s attorney general has launched an investigation into eight banks to determine whether they misled ratings agencies about mortgage securities, according to a person familiar with the inquiry.
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Nissan To Recall Infiniti G35 Over Air Bag Issues
Nissan Motor Co. said Tuesday it will recall nearly 135,000 Infiniti G35 sedans and coupes to address a problem that could lead to the air bag not deploying in a crash. Nissan said the recall involves G35 Coupes from the 2005 to 2007 model years and G35 [...]
Europe tries to calm fears over Greek debt crisis
French President Nicolas Sarkozy and German Chancellor Angela Merkel announced early Saturday that the 16 eurozone nations will set up a financial defense plan by the time markets open next week to shield their shared…
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Leeb, council clash over attorney
Emergency Financial Manager Fred Leeb has rescinded City Council’s resolution to hire an attorney to examine the legality of his actions.
Read more on The Oakland Press