The Securities and Exchange Commission (SEX) charged a former employee at a Silicon Valley-based semiconductor company for his role tipping nonpublic information used in connection with Raj Rajaratnam's massive insider trading scheme.
While top financial decision makers in the U.S. remain moderately optimistic about the global economy, they are less optimistic about opportunities for their businesses and the U.S. economy, according to Financial Executives International (FEI) and Baruch College's Zicklin School of Business.
The Organization for Economic Cooperation and Development, OECD, cut its forecast for global economic growth through next year and warned that fiscal and monetary policy decisions looming in the U.S. could derail the recovery.
Although some Americans believe that certain investments provide more income potential than others they are still likely to diversify their investments anyway, according to a new nationwide survey from TheStreet, conducted by GfK North America.
Government corrected its earlier projections and now forecasts Montenegro's economy growth of 3.6% in 2014, primarily due to the launch of major development projects, Finance Minister Radoje Žugić said.
At the Federal Trade Commission's request, a federal judge has temporarily halted, and frozen the assets of, a Montreal operation that bilked more than $14 million from small businesses and churches in the United States for unwanted listings in online business directories.
Although 2014 will see either a partial or a complete halt to the Federal Reserve's current non-traditional monetary-policy initiatives, Julius Baer's analysts expect that the increase in the Federal Funds rate will not take place until at least 2015 and possibly not until a year after that.
In a boost for India's agricultural exports, government-owned trading agencies such as PEC, STC and MMTC received bids in the range of $280 to $290 a tonne for wheat exports from the Food Corporation of India (FCI) stocks.
Conservationists are warning against an "irresponsible" increase in bluefin tuna quotas, as members of the International Commission for the Conservation of Atlantic Tunas meet for talks in South Africa this week.