Financial news on June 26, 2010
Business and Financial news
Jérôme Kerviel is facing a maximum of five years in prison for causing losses of about $7 billion at Société Générale. Read more..
Provisions in the financial bill will change many ways of doing business. Read more..
Goldman Sachs was ordered to pay $20.58 million to creditors of a failed hedge fund to settle claims that the bank helped the fund perpetrate a Ponzi scheme. Read more..
Robert H. Wolfe provides a warning to a pest. Read more..
For many with chronic conditions and no coverage, relief may be on the way starting July 1 as the federal government begins to pay for new insurance pools. Read more..
The Chinese government is investigating how much debt was incurred by local governments last year, amid concerns that the debt loads could undermine the economic recovery in some parts of the country. Read more..
India and other big countries committed to eliminating energy subsidies at a Group of 20 meeting last year. Read more..
AeroVironment, a maker of drones, said that the Justice Department started an investigation into its billing practices. Read more..
Facing the dangers inherent in deepwater drilling for natural gas and oil is preferable to delaying the activity. Read more..
Advice from Shakespeare leads to this puzzle’s theme. Read more..
See what else happened on June 26, 2010