Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC). Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to…

Sunday, August 27, 2006 A military compound in Southern Afghanistan came under insurgent fire today killing a British soldier and injuring seven others. In response to the attack 10 militants were killed. It is reported that 40 gunmen stormed the Musa Qala district, ensuing a three-hour gunfight between the rebels and the ISAF (NATO). Reports that civilians had been killed prompted Afghan President Hamid Karzai to launch an inquiry into the deaths. British ISAF soldiers took over operations at Musa Quala from a Danish contingent that was attacked almost daily during their tenure. Brigadier Ed Butler, Commander of the British forces in Afghanistan – “The current tempo of operations in…

Saturday, October 22, 2016 The California Department of Justice on Wednesday released the warrant and affidavit of a criminal investigation of the Wells Fargo bank. The State of California served the warrant on October 5 to search the San Francisco headquarters of Wells Fargo for felonious activities related to identity theft. The warrant said property to be seized at the bank’s San Francisco headquarters was related to the unauthorized creation of accounts by Wells Fargo employees including the names of individuals for the accounts; account information and fees; the names of employees and their managers who created accounts without the consent of the Wells Fargo customers in question; and all…

Friday, June 22, 2007 The United States amusement park operator Six Flags has shut down nine thrill rides at four parks after a 13-year-old girl’s feet were cut off on a tower-drop ride yesterday at Six Flags Kentucky Kingdom in Louisville. Kentucky state officials said a loose cable on a ride called the Superman Tower of Power severed the girl’s feet above the ankles, but they had not determined how the cable broke free, or at what point in the ride the accident happened. The ride lifts passengers 177 feet (54 metres) straight up, then drops them nearly the same distance at speeds reaching 54 mph (86 km/h). The girl,…

Saturday, June 11, 2011 File:Mogadishu 2006.jpg Abdi Shakur Sheikh Hassan, the interior minister of Somalia, was killed in a bomb attack at his home in Mogadishu on Friday. The suicide bomber was a veiled woman said to be his teenage niece and a member of the militant al-Shabab, an Islamic group. According to the BBC, his niece was a frequent visitor and no security check was performed. She was killed instantly and the minister died on his way to treatment. This is the third suicide attack in as many weeks in Somalia’s capital city. Senior police chief Nur Farah said he believed that a second bomb may have been placed…

[edit]

Wednesday, October 4, 2006 The US Army Corps of Engineers decision to place restrictions on issuance of nationwide pollution permits has been upheld by a federal court. In National Association of Home Builders v. Army Corps of Engineers, the District Court for the District of Columbia found that the Corps of Engineers had not acted in an “arbitrary” or “capricious” manner in changing the terms and conditions for issuance of a national pollution permit, including reducing the size of area into which pollutants may be discharged from 10 acres to 1 acre, raising the threshold for requiring additional permits from 1 acre to 1/10 acre, A nationwide permit allows an…

Tuesday, December 29, 2009 A blaze at an apartment block killed nine people early yesterday morning in Mississippi, US. The dead included six young children, and the building was seriously damaged after fire broke out at 4 a.m. in Starkville. All nine victims were in the same apartment in the two-story building, which was split into eight residences and sustained heavy damage to three of these. Firefighters had difficulty dealing with the emergency and were still there six hours after the fire began. The youngest child was six months old and the eldest was four. No names have been released, and the disaster’s cause remains a mystery. Emergency services kept…