Australian Bank Westpac Faces Massive Fine for Breaches

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Australian Bank Westpac Faces Massive Fine for Breaches

PERTH, Australia — Major Australian bank Westpac is facing a potentially massive fine after being accused of 23 million breaches of the anti-money laundering and counterterrorism financing act. The financial crime regulator AUSTRAC said Wednesday it …
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Black “Friday” now lasts an entire week

It’s 2019 and every day is Black Friday. At least, it seems that way, judging by the discounts offered by retailers far ahead of the annual Black Friday shopping event, traditionally hosted in the US the day after Thanksgiving. (Its popularity has started to expand …
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Artificial intelligence may disrupt many Kansas City jobs — and not the ones you think

Automation isn’t targeting just the factory line. Artificial intelligence will disrupt many more jobs than previously predicted, according to a new study from the Brookings Institute. Unlike robotics that generally overtake rote tasks, AI can more closely replicate the …
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Oaktree Specialty Lending: Fiscal 4Q Earnings Snapshot

LOS ANGELES (AP) _ Oaktree Specialty Lending Corp. (OCSL) on Wednesday reported fiscal fourth-quarter earnings of $14 million. On a per-share basis, the Los Angeles-based company said it had net income of 10 cents. Earnings, adjusted for investment …
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Mukesh Ambani's Reliance Industries becomes world's 6th largest oil company

Mukesh Ambani-led Reliance Industries Limited (RIL) has become the world’s sixth-largest oil company after overtaking BP Plc. The Mukesh Ambani-led conglomerate’s market capitalisation stood at approximately $133 billion at Tuesday’s closing and further …
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