The Office of the Comptroller of the Currency (OCC) criticised Wells Fargo in a nonpublic regulatory report for enrolling borrowers in auto insurance policies they did not request, according to the Times. It said the bank may have underestimated costs related to reimbursing them.
The FBI has opened an investigation into U.S. links to South Africa's Guptas, escalating a scandal over the family's alleged use of a friendship with President Jacob Zuma to control state businesses, the Financial Times said on Thursday. Separately, Britain's banking regulator, the Financial
With roots of the world wide web deepening into our lives, privacy is becoming vital. Users need to have more control on what they reveal and what they don’t, however, that balance of control seems to be missing. In one such instance, Facebook has been recently accused of revealing the name and personal
Nordstrom shares dropped as much as 7 percent as investors were again reminded of the challenges of the U.S. brick-and-mortar retail sector, which has seen a record number of bankruptcies this year amid competition from e-commerce firms such as Amazon.com Inc and off-price stores like TJX Cos Inc. Nordstrom
NASA believes a ninth planet does exist that might be 10 times the mass of Earth and 20 times farther from the Sun than Neptune, debunking myths that the planet, dubbed ‘Nibiru’ by doomsayers, will end of the world. Konstantin Batygin, a planetary astrophysicist at California Institute of Technology
Investments and risks go hand in hand. You give your hard-earned money to someone with an expectation that it will grow. That’s where the risk lies. What if the value of money depreciates? What if you lose all of it? What if the returns do not match the inflation rate? Here are 5 things you should ponder
Amazon on Thursday said the seasonal jobs will be spread out over more than 75 fulfillment centers countrywide to help pick, pack and ship holiday orders. U.S. shoppers will spend between $678.75 billion and $682 billion on holiday shopping this year, a growth of 3.6 percent to 4 percent over last year
A team of five students from an engineering college in Telangana has been selected for the prestigious NASA Human Exploration Rover Challenge. The team from SR Engineering College, Warangal, will participate in the fifth annual challenge to be held on April 12-14, 2018, in Huntsville, Alabama, US. It
As they say – It’s never too late to be what you might have been. With age, responsibilities and expenses take a front seat. But later in life, many people realise the lack of interest in their existing careers. If only, they had chosen passion over fat pay-checks. When you decide – this is it – and
Twitteratti has its occasional bouts of sad moments but October 2 — the day when a gunman massacred 59 people and injured several in Las Vegas — has been recorded as the saddest day on the micro-blogging platform. Using “Hedonometer,” a tool that measures happiness on Twitter, researchers have found
Domestic consumer electronics manufacturer Intex Technologies on Friday launched five new models of LED TVs. The TVs are 55-inch UHD (Rs 78,999), 43-inch UHD (Rs 52,990), 50-inch FHD (Rs 49,999), 43-inch FHD (Rs 47,999) and 32-inch HD (Rs 27,999). The 55-inch “5500 SMT” model comes with 8GB RAM and dual-core
The recession in early-2008 led to many layoffs. Thousands found themselves out of a job within weeks. So, no matter what your age is, you may find yourself jobless due to unavoidable circumstances. To counter this, save up to cover at least six months in case of a job loss. If you have dependents, you
Tech giant Apple will be the exclusive retailer of “Parker” — an augmented reality (AR)-ready teddy-bear “Parker” launched by children’s toy startup Seedling, which comes to “life” through iOS-based AR effects. Priced at $59.95, “Parker” works through a free AR app “Seedling” for playtime sessions and
Anmol was a photographer. He had carved out a niche for himself and was earning well. He wanted to invest his savings and build a financial portfolio. So he went online to learn about different investing options. He noticed that every article recommended getting an insurance. But he had no dependents
Lloyd Nicholas, 82, and his wife Gloria Hitchcock, 69, sat next to each other as they received counseling on a reverse mortgage, a loan that would allow them to cash out the equity in their home, pay off a mountain of bills and live comfortably as they age in the house they built 50 years ago. "
Google‘s parental control app for Android devices “Family Link” has completed the beta testing period and is now available to public to download for free in the US. The app, which lets parents manage apps, set screen time limits and more, can be used from either an iOS or Android device, but is designed
Republicans in the U.S. Congress and the White House called for slashing tax rates on businesses and the wealthy on Wednesday, as part of a new tax plan that offers few details about how to pay for tax cuts without expanding the federal deficit.
U.S. President Donald Trump on Tuesday said a forthcoming tax reform plan would cut taxes "tremendously" for the middle class, as Republican conservatives said they could accept big revenue losses in exchange for aggressive tax cuts for businesses. "We will cut taxes tremendously for