Kenya Charges Civil Servants In $100M Theft Of Public Funds
Kenya Charges Civil Servants In $100M Theft Of Public Funds
May 29, 2018  |  Fraud Prevention

The authorities in the country of Kenya have charged 54 people — most of them civil servants — with stealing close to $100 million of public...

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Wyoming Lures Crypto Companies With Friendly Laws
Wyoming Lures Crypto Companies With Friendly Laws
May 29, 2018  |  Cryptocurrency

Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies....

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US Median Home Value Increases 8.7 Percent
US Median Home Value Increases 8.7 Percent
May 29, 2018  |  Real Estate

A new report shows that national home values are rising at their fastest pace in 12 years, rising 8.7 percent to a median value of...

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Bank of Montreal, CIBC Announce Cyberattacks
Bank of Montreal, CIBC Announce Cyberattacks
May 29, 2018  |  Security & Fraud

Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC) announced Monday (May 28) that hackers stole data on close to 90,000 customers. Get the...

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Blockchain-based Uber App Planned By Kuaidi Dache CEO
Blockchain-based Uber App Planned By Kuaidi Dache CEO
May 29, 2018  |  Blockchain

Chen Weixing, Founder of Chinese ride-hailing app Kuaidi Dache and CEO of app developer Funcity, is gearing up to create a ridesharing service using blockchain technology....

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EU Proposes Tougher Stance On Foreign Investments
EU Proposes Tougher Stance On Foreign Investments
May 29, 2018  |  Europe

In response to an increase of Chinese acquisitions of European rivals, the European Parliament’s international trade committee has approved a proposal calling for greater scrutiny...

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Venezuela Prepares For Payments Chaos With Currency Overhaul
Venezuela Prepares For Payments Chaos With Currency Overhaul
May 29, 2018  |  International

Though critics are saying Venezuela’s monetary overhaul will create chaos, the country’s president warned businesses not to slow operations during next week’s overhaul. According to...

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PE Firms Pressured To Accept Poor Deal Terms
PE Firms Pressured To Accept Poor Deal Terms
May 29, 2018  |  Investments

Howard Marks, Founder of Oaktree Capital, warned that private equity (PE) firms are reducing their standards in terms of what they will invest in, and...

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Trump Administration Looks To Revive Variable Annuities
Trump Administration Looks To Revive Variable Annuities
May 29, 2018  |  Investments

Variable annuities (VAs), a widely criticized retirement savings product, is coming back thanks to President Donald Trump and his administration, which is gearing up to get rid...

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