Sundar Pichai,CEO,Google Google CEO Sundar Pichai said the new...
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Ex-Goldman Sachs banker Brijesh Goel convicted of insider trading
Goel, 38, was convicted on Wednesday after a seven-day trial for...
U.S. bank regulators considering tougher rules for banks over $100 bln in size
FDIC Chairman Martin Gruenberg said in a speech the spring turmoil...
Lloyd’s of London issues anti-harassment plan
This isn’t the first time Lloyd’s has tried to overhaul its deeply backward-looking culture to better reflect societal changes that have transformed banking and other financial services. Former CEO Inga Beale spent close to five years trying to redirect the industry, pushing for the modernization of attitudes and behaviours – but she met resistance at every step
Fix to MCAS anti-stall software in 737 MAX ready to go: Boeing
New York: A fix to the anti-stall system suspected in October's Lion Air Boeing 737 MAX 8 that killed 189 people in Indonesia is ready to roll out, industry sources told AFP Saturday. Boeing was due to present the patch to officials and pilots of US...
China chemical plant explosion death toll climbs to 44; 32 others critical
The explosion occurred on Thursday following a fire in a fertilizer factory in a chemical industrial park in Yancheng, Jiangsu province, according to the government of Xiangshui county
WHO panel for strong international governance on human genome editing
“Gene editing holds incredible promise for health, but it also poses some risks, both ethically and medically. ” says Dr Tedros Adhanom Ghebreyesus, WHO Director-General.
TB: world’s top infectious disease killer
TB is the world’s top infectious disease killer, claiming 4 500 lives each day. The heaviest burden is carried by communities facing socio-economic challenges, those working and living in high-risk settings, the poorest and marginalized.Since 2000, 54 million lives have been saved, and TB deaths fell by one-third. But 10 million people still fall ill with TB each year, with too many missing out on vital care.
Facing bias claims, Facebook to revamp Its platform for Housing, Jobs, Credit Ads
Facebook, the world’s largest social network with 2.7 billion users and nearly $56 billion in annual revenue, has been on the defensive over its advertising practices, while also fending off privacy scandals and disclosures that Russia used its platform to meddle in the 2016 U.S. presidential election.
US Jury finds Roundup Weed Killer causes Cancer
The case was only the second of some 11,200 Roundup lawsuits to go to trial in the United States. Another California man was awarded $289 million in August after a state court jury found Roundup caused his cancer, sending Bayer shares plunging at the time. That award was later reduced to $78 million and is on appeal.
U.S weighs bids for putting Automated Vehicles on roads
he agency also disclosed that Softbank-backed driverless delivery startup Nuro had also petitioned to deploy a limited number of low-speed, highly automated delivery vehicles intended to be operated without any human occupants. For example Nuro, which partnered with Kroger last year to deliver groceries, seeks approval not to include a windshield in the vehicle.
Munich Re aims to boost Ergo insurance business via acquisitions
Munich Re’s share of payouts related to the crash of a Boeing 737 MAX operated by Ethiopian Airlines would likely be between 100 and 120 million euros.
Facebook admits to storing passwords in plain text on internal servers
“To be clear, these passwords were never visible to anyone outside of Facebook and we have found no evidence to date that anyone internally abused or improperly accessed them,” vice president of engineering, security, and privacy Pedro Canahuati said in a blog post.