Thomson Reuters Pearson testifies about price spikes in decades-old pharmaceuticals before a hearing of the U.S. Senate Special Committee on Aging on Capitol Hill in Washington, U.S. Former Valeant Pharmaceuticals CEO Michael Pearson is under a criminal investigation in connection to alleged fraud at the company he helmed, Bloomberg reported.  The investigation is being helmed […]

Reuters Outgoing Valeant CEO, Michael Pearson U.S. prosecutors are investigating Michael Pearson, the former CEO of Valeant, in connection to fraud at the pharmaceutical giant, according to Bloomberg. The stock is down 6% on the news. Pearson helmed Valeant Pharmaceuticals during its glorious rise to become one of Wall Street’s darling stocks. He used a […]

Marco Di Lauro/Getty Images The Nomad Hotel’s annual Halloween masquerade ball is one of the hottest tickets in New York City — and this year’s party was no exception. At $ 300 a person, the black-tie party let masked guests have free rein of the trendy hotel’s ground floor, while second-floor guest rooms were reserved for Halloween-themed adventures.  Keep […]

Whether it’s because of their luxurious amenities, plush furnishings, or ideal location, some hotels just stand above the rest.  U.S. News & World Report recently compiled a ranking of the best hotels in Europe, combining guest ratings from TripAdvisor with the accolades a property has earned from experts in the travel industry. They also considered […]

Sterling is dropping again on Monday. The pound is down by around 0.3% against the dollar at around 11.30 a.m. GMT (7.30 a.m. ET), dropping close to $ 1.2150. Here’s the chart: Markets Insider The fall comes amid suggestions that the Governor of the Bank of England Mark Carney is preparing to announce that he […]

Reuters / Andrew Milligan Scotland’s First Minister Nicola Sturgeon. Scottish independence poses a greater threat to Scotland’s booming financial services sector than Brexit, according to a report from the University of Strathclyde. Jeremy Peat, former chief economist at RBS, and Owen Kelly, head of industry group Scottish Financial Enterprise, warned that the “uncertainties” caused by […]

Hon Fun Ping, CEO of Sysarmy. Sysarmy Sdn Bhd has won the prestigious Malaysia Cyber Security Award for ‘Cyber Security Innovation for Year 2016’. The awards were created by Cybersecurity Malaysia to honour individuals and organisations who contributed to Malaysia’s cyber security or information security, in terms of innovativeness, commitment, industry/product/service leadership and […]

AP Photo/Mark Lennihan Former Barclays CEO Antony Jenkins. Former Barclays CEO Antony Jenkins has launched a new startup that aims to modernise the back office technology used by banks. 10x Future Technologies is working on a cloud-based core banking system — the technology that allows banks to hold deposits and accounts. Essentially, it’s the heart […]

Reuters/Athit Perawongmetha Some 1,250 students from the Assumption College hold cards to form an image of Thailand’s late King Bhumibol Adulyadej, in his honour, in Bangkok, Thailand, October 28, 2016. Good morning! Here’s what you need to know on Monday. Mark Carney, the governor of the Bank of England, intends to serve his full eight-year term. […]