Mt. Gox Bitcoin Head Arrested on Sunday for Suspected Misuse of Bitcoins

Mt. Gox Bitcoin Head Arrested on Sunday for Suspected Misuse of Bitcoins

Reportedly, fresh allegations have brought against, Mark Karpeles, for misusing $8.9 million from the customer deposits.

According to a Japanese media report, the head Mt. Gox Bitcoin exchange which collapsed last year was arrested in Tokyo on Saturday. He was alleged to have misused customer's money and provide falsified data.

Consortium of German Automakers Acquiring HERE Map Business from Nokia

Consortium of German Automakers Acquiring HERE Map Business from Nokia

In an announcement on Monday's a consortium of German automakers said that they are acquiring HERE map business from Nokia Corp.

The automakers Audi, BMW and Daimler will incorporate the technology into automotives and ultimately in the autonomous driving.

HSBC Holdings Plc Agrees to Sell It’s Brazil unit to Bradesco for $5.2 Billion

HSBC Holdings Plc Agrees to Sell It’s Brazil unit to Bradesco for $5.2 Billion

On Monday, in a statement HSBC Holdings Plc said that it is selling its unprofitable Brazilian unit in a deal worth $5.2 billion to Banco Bradesco SA. The unit has given unsatisfactory performance for years.

Fourth Corner Credit Union’s Bid for Permission to go Into Business Rejected by Federal Regulators

Fourth Corner Credit Union’s Bid for Permission to go Into Business Rejected

Although Marijuana businesses are legal in Colorado but they do not have much option when it comes to the banking system and have to rely much on cash transactions because pot business is considered illegal under the federal law.

Nebraska Gov. Ricketts and Lt. Gov. Foley to Traveling to Japan in Trade Mission

Nebraska Gov. Ricketts and Lt. Gov. Foley to Traveling to Japan in Trade Mission

Nebraska is looking forward to promote foreign trade and investments. To uphold the cause, on Thursday the governor announced that Governor Pete Ricketts and Lt. Gov. Mike Foley will be traveling to Japan in September. Japan is the third biggest export market for Nebraska.

Fennica , the Icebreaker Leaves for Arctic Waters as Portland Police Remove Protestors

Fennica , the Icebreaker Leaves for Arctic Waters as Portland Police Remove Prot

On Thursday, after facing protest from environmental activists, Fennica the Royal Dutch Shell icebreaker finally left the dry dock in Portland heading towards the Pacific Ocean. The ship is headed for Arctic drilling operations.

PPIC’s Poll Reveals Californians Divided in Opinion on Climate Change Impacting Drought in the State

PPIC’s Poll Reveals Californians Divided in Opinion on Climate Change Impacting

A new survey result released on Wednesday revealed that two-thirds of California residents connect the ongoing drought in the state to climate change. Most of them support the efforts put in by Governor Jerry Brown in order to combat the catastrophic drought. However, it could be just that way as most of the Californians are Democrats.

Chairman Says the Boeing Company May have to Move Some Operations Overseas if Export Import Charter is not Extended

Chairman Says the Boeing Company May have to Move Some Operations Overseas if Ex

On Wednesday, W. James McNerney, the Boeing Company Chairman suggested in front of an audience that the aircraft maker may have to move some of its operations to other countries if the Export-Import Bank's charter is not extended, which expired on 30 June.

Facebook Second Quarter Earnings Surpass Analysts’ Expectations but Growing Expenses Cause Concern

Facebook Second Quarter Earnings Surpass Analysts’ Expectations but Growing Expe

Facebook is still rocking! The company announced its second quarterly earnings results beating the analysts' estimates, not only with the profits but also the user growth. The only worry that lingers around is connected to the fast growing expenses.

Overcharging Scandal Takes a Toll on Whole Foods Earnings

Overcharging Scandal Takes a Toll on Whole Foods Earnings

Whole Food Market may still be reeling from the effects of reports that last month said, it was overcharging its customers.

Latest News

Mt. Gox Bitcoin Head Arrested on Sunday for Suspected Misuse of Bitcoins
Consortium of German Automakers Acquiring HERE Map Business from Nokia
HSBC Holdings Plc Agrees to Sell It’s Brazil unit to Bradesco for $5.2 Billion
Fourth Corner Credit Union’s Bid for Permission to go Into Business Rejected
Nebraska Gov. Ricketts and Lt. Gov. Foley to Traveling to Japan in Trade Mission
Fennica , the Icebreaker Leaves for Arctic Waters as Portland Police Remove Prot
PPIC’s Poll Reveals Californians Divided in Opinion on Climate Change Impacting
Chairman Says the Boeing Company May have to Move Some Operations Overseas if Ex
Facebook Second Quarter Earnings Surpass Analysts’ Expectations but Growing Expe
Overcharging Scandal Takes a Toll on Whole Foods Earnings
Yelp Trims Third Quarter Earnings Forecast Also Announces Departure of Its Chair
Solvay, the Belgian Chemical Group to Acquire U.S. Cytec for $5.5 billion
Syndicate content