Washington PostIowa at center of debate over 'shadow insurance' dealsWashington PostIOWA CITY, Iowa — For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off
A police officer has been injured and windows smashed in the Australian town of Kalgoorlie Tuesday, during a protest over the death of a 14-year-old Indigenous boy Elijah Doughty.
A 55-year-old man was due to appear in court on manslaughter charges over the boy's death. However, some local people believe the death was suspicious, claiming multiple death threats have been made towards Aboriginal kids in the town via Facebook.
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Reports says a police officer has been hit in the head with a bottle outside the courthouse and Kalgoorlie’s main street has been shut down, with dogs and riot police on the scene earlier Tuesday. Read more
CNBCMost Asia markets head higher, but Nikkei wavers between gains and lossesCNBCMost Asia markets traded higher on Tuesday, while Japanese shares wavered amid a muted reaction to better-than-expected economic data. The benchmark Nikkei 225 traded flat at 16,735.78, while the Topix was up 0.03 percent, with the indexes wavering
FortuneBusinesses Expected to Spend $2.7 Trillion on IT by 2020FortuneCompanies may not be buying as much hardware for their data centers as they used to, but that doesn't mean they aren't spending money on information technology. Analyst firm International Data Corporation said Monday that global spending on I. T.
Wall Street JournalUS Stocks Rebound, as Financial Shares RallyWall Street JournalU. S. stocks advanced in the lightest day of trading so far this year. Monday's broad gains wiped out Friday's losses, which came after Federal Reserve Chairwoman Janet Yellen said that the case for an interest-rate increase had improved. But some
Wall Street JournalAlphabet Executive David Drummond Leaves Uber BoardWall Street JournalUber Technologies Inc. on Monday said a longtime Alphabet Inc. GOOGL 0.33 % executive has left its board as the two tech companies increasingly clash over the future of transportation and logistics. David Drummond, senior vice president of corporate