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RBI imposes first-of-its-kind penalty on AP Mahesh co-op bank for cyber security violations

The Reserve Bank of India (RBI) has imposed a penalty of Rs 65 lakh on AP Mahesh Co-operative Urban…

PTI   


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1 min read

RBI Central Board discusses functioning of co-operative banks

Bhubaneswar, Dec 13 () The RBI Central Board on Friday reviewed functioning of the urban cooperativ…

PTI   


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FAA refuses to let regional airline hire co-pilots with less experience because it believes the plan poses a risk to safety

Republic Airways asked the FAA for permission to recruit first officers with a minimum of 750 hours…

Kate Duffy   


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US Olympian Alysa Liu's father says they were both targeted in an alleged Chinese spy operation

The Department of Justice announced charges this week against five men accused of harassing Chinese…

Rebecca Cohen   


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9 mins read

BI Investigation: Business models akin to Amazon and Uber’s aren’t working for Indian startups

Valuations are normally decided according to a company’s market share, its gross margins, and its r…

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Grocery chain A&P just filed for bankruptcy - again

The grocery chain has faced tougher competition from companies like Wal-Mart Stores Inc. and Target…

Associated Press   


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3 mins read

A&P made one mistake that undermined its business

"Gone is the era when supermarket shoppers thought in terms of the basics - milk, eggs, a six-pack …

Hayley Fitzpatrick   


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Goldman to name Esposito as co-head of securities division, as incoming CEO Solomon turns to his inner circle

Goldman Sachs is expected to name Jim Esposito to help run the securities division, elevating an ex…

Dakin Campbell   


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10 mins read

Lyft co-founder says human drivers could be banned in some cities

"So if you're going to a family vacation for the weekend, you may want a larger vehicle that has an…

Cadie Thompson   


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Amazon enacted a huge change in the way Whole Foods stores operate - and it could threaten food startups

"Even though odds were stacked against them, small scale brands were still able to get a foot in th…

Leanna Garfield   


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7 mins read

WeWork has raised $6.1 billion and pioneered the co-working movement - but it increasingly looks like it doesn't understand commercial real estate

Just such a scenario looks like not only a possibility but a probability in an economic downturn, p…

Troy Wolverton   


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4 mins read

Meet The 18-Year-Old Syrian Who Says He Helped Hack The AP And Punk The Stock Market

Th3 Pr0: Since the beginning of the Syrian crisis our mission was to defend our country against the…

Adam Taylor   


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31-year-old Astros catcher who won his first World Series had a wild journey that included a rehab stint and working as a janitor and ski lift operator

But the journey Gattis took the majors is reason to be happy for him alone. As outlined in 2013 by …

Scott Davis   


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3 mins read

Jailed al Qaeda operative makes explosive claims about Saudi royals funding pre-9/11 terror

In the wake of Moussaou's testimony, the Saudi Embassy released a statement calling Moussaou a "der…

Natasha Bertrand   


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Life As A US Drone Operator: 'It's Like Playing A Video Game For Four Years'

The project is something of a departure for the museum in one way, although it has been commissioni…

Mark Brown, The Guardian   


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Japan Upgrades Fukushima Nuclear Incident To 'Serious' After Plant Operator Admits Started Over A Month Before Being Discovered

Tanaka said there is a much larger ongoing problem at the plant: massive amounts of contaminated gr…

Mari Yamaguch, AP   


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4 mins read

The top 3 skills you need if you want to land a job in a family office, according to industry recruiters

One family office sought an assistant with an Ivy League education, accounting background, and yac…

Lian Kit Wee   


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Grocery retail chain for small towns SuperK raises $6 million

SuperK, a franchised grocery retail chain for small towns, on Wednesday said it has raised USD 6 mi…

PTI   


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Nivara Home Finance raises $10 million from Baring Private Equity

Bengaluru-based Nivara Home Finance raised $10 million from Baring Private Equity India in an entir…

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2 mins read

Sean 'Diddy' Combs' son accused of groping female steward on luxury charter yacht

Sean "Diddy" Combs, who is the subject of a federal sex trafficking investigation, is a co-defendan…

Rebecca Rommen