RBI blasts banks on poor compliance, blames it for frauds

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RBI blasts banks on poor compliance, blames it for frauds

Reserve Bank deputy governor MK Jain August 20 slammed banks for poor compliance with regulations, and pointed out that high value frauds and fines are a result of their lackadaisical attitude on this. Jain said in some cases, the lack of compliance has …
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GE's comeback was in full swing. Now it's in a dog fight with the Madoff whistleblower

New York (CNN Business) Larry Culp, the third CEO of General Electric since 2017, was having a strong year. He was moving rapidly to pay down GE’s mountain of debt by unloading divisions. And investors were relieved. GE’s beaten-down stock was up …
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Surveillance: US Economy To Slow, Daco Predicts (Podcast)

And Katherine Chiglinsky, Bloomberg Finance Reporter, says it's been surprising to investors over the years to see how connected GE still is to the
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Robots bearing snacks are about to overrun college campuses

Starships bots are coming to University of Pittsburgh’s campus, home of the Panthers, on Tuesday. Starship. Starship Technologies launched a new service earlier this year to deliver food and groceries at two US universities using self-driving robots. It’s now …
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Armed Man Holding 37 People Hostage in Rio De Janeiro

Rio De Janeiro (AP) — Brandishing a fake gun, a man on Tuesday took dozens of hostages on a bus in Brazil and threatened to set the vehicle on fire
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