Indian bank hit by $1.8bn fraud case

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Indian bank hit by $1.8bn fraud case

India's second largest state-run bank has uncovered a $1.8bn (£1.3bn) scam linked to a single Mumbai branch. The fraud amounts to nearly a third of Punjab National Bank's (PNB) market value, and 50 times its profits for the last quarter of 2017.
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Jana Takes New Stakes in Comcast, Facebook, GM; Drops Oracle

Jana increased its position in Outback Steakhouse owner Bloomin' Brands Inc. while selling down its stakes in Liberty Broadband Corp., EQT Corp. and DowDupont Inc. The disclosure comes after Jana and the California State Teachers' Retirement System sent a letter to the board of Apple Inc. in
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Blankfein: Trump's economy is better than Hillary's would've been

The economy is doing better under President Trump than it would have under a Hillary Clinton administration, Goldman Sachs Chief Executive Lloyd Blankfein, a staunch Hillary supporter, said on Wednesday.
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US Futures Extend Gains Ahead of Key Inflation Data Release

U.S. stock-index futures extended gains, hitting a session high in early London trading as investors await a key inflation report Wednesday. March contracts on the S&P 500 rose 0.5 percent at 8:24 a.m. in London after fluctuating during Asian trading hours. Futures on the Dow Jones Industrial Average
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Shooting Outside NSA Headquarters Ends With One Injured

Authorities investigate the scene of a shooting outside NSA headquarters at Fort Meade, Maryland on Feb. 14, 2018. Source: WUSA TV-9 via AP Photo. President Donald Trump has been briefed on a shooting at the Maryland headquarters of the National Security Agency, the White House said
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