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Venezuelan Ex-Treasurer Admits He Took $1 Billion in Bribes

Venezuelan Ex-Treasurer Admits He Took $1 Billion in Bribes

Alejandro Andrade, a former bodyguard for Hugo Chavez, pleaded guilty to money laundering under seal last December in Miami, the U.S. government said.

Published 3 weeks ago

Treasury Seeks to Protect Millionaires’ Wealth Transfers

Treasury Seeks to Protect Millionaires’ Wealth Transfers

Under the regulation, millionaires would have an easier time taking advantage of the temporary increase in the gift- and estate-tax exclusion that Congress passed last year.

Published 3 weeks ago

Investors struggle to deal with ‘Land of Oz’ markets

Investors struggle to deal with ‘Land of Oz’ markets

Tech-led selloff feels like the start of new era for equities

Published 1 second ago

Danske faces money laundering lawsuit from ‘A-team’ of firms

Danske faces money laundering lawsuit from ‘A-team’ of firms

Legal groups to argue investors lost billions in fallout from €200bn scandal

Published 1 second ago

US pick for global finance regulator shows quest for balance

US pick for global finance regulator shows quest for balance

Choice of Fed governor Quarles to chair FSB aims to foster Washington’s engagement

Published 1 second ago

Illegal student labour fuels JD.com ‘Singles Day’ sale

Illegal student labour fuels JD.com ‘Singles Day’ sale

Chinese vocational school interns working overtime and night shifts

Published 1 second ago

China’s ‘sharp power’ play in Taiwan

China’s ‘sharp power’ play in Taiwan

Critics say Beijing is seeking to win influence by meddling in the island’s elections

Published 1 second ago

Narendra Modi should trust his central bank’s instincts

Narendra Modi should trust his central bank’s instincts

India needs diverse credit institutions, but they must have sound balance sheets

Published 1 second ago

Megyn Kelly Nears Deal to Leave NBC News With Entirety of $69 Million Contract

Megyn Kelly Nears Deal to Leave NBC News With Entirety of $69 Million Contract

Megyn Kelly is nearing a deal with Comcast Corp.’s NBC News to walk away with the full value left on her three-year, $69 million contract with the network, according to people familiar with the matter.

Published 3 weeks ago

‘I Can Be the Bank’: Individual Investors Buy Busted Mortgages

‘I Can Be the Bank’: Individual Investors Buy Busted Mortgages

A decade after the housing crisis, a new breed of risk-taker is investing in nonperforming loans and pushing borrowers to start paying on them again. For homeowners who hadn’t heard from a lender for years, it can come as a shock.

Published 3 weeks ago

China and Philippines sign offshore oil and gas deal

China and Philippines sign offshore oil and gas deal

Beijing and Manila deepen ties with memorandum of understanding over South China Sea

Published 1 second ago

Treasury Seeks to Protect Millionaires’ Wealth Transfers

Treasury Seeks to Protect Millionaires’ Wealth Transfers

Under the regulation, millionaires would have an easier time taking advantage of the temporary increase in the gift- and estate-tax exclusion that Congress passed last year.

Published 3 weeks ago

Potential Rival to Pelosi for Speaker Decides Not to Run

Potential Rival to Pelosi for Speaker Decides Not to Run

The only potential rival to House Minority Leader Nancy Pelosi so far in the speaker race said on Tuesday that she wouldn’t run for the post, and Mrs. Pelosi notched key endorsements in her campaign to retake the gavel in January.

Published 3 weeks ago

Megyn Kelly Nears Deal to Leave NBC News With Entirety of $69 Million Contract

Megyn Kelly Nears Deal to Leave NBC News With Entirety of $69 Million Contract

Megyn Kelly is nearing a deal with Comcast Corp.’s NBC News to walk away with the full value left on her three-year, $69 million contract with the network, according to people familiar with the matter.

Published 3 weeks ago

Carlos Ghosn’s Arrest Rocks Auto Empire

Carlos Ghosn’s Arrest Rocks Auto Empire

As Carlos Ghosn remained in detention in Japan for alleged financial misconduct, members of the globe-spanning automotive partnership he leads moved to make sense of his arrest and fill the void left by his absence.

Published 3 weeks ago