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Raymond James to pay $8.7 million to customers for overcharges

2015-07-06 22:24:53| Apparel - Topix.net

Tampa Bay's largest financial services firm is among several companies required by the Financial Industry Regulatory Authority to pay back $30 million to customers for mutual fund sales overcharges in some charitable and retirement accounts. Raymond James & Associates and Raymond James Financial Services, which is headquartered in St. Petersburg, were ordered to pay back affected customers on Monday, along with Wells Fargo Advisors, Wells Fargo Financial Network and LPL Financial.

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Musk Donates $10 Million to Keep AI From Going Rogue

2015-07-06 21:32:25| TechNewsWorld

The Future of Life Institute on Monday announced 37 winners of grant funding provided by Elon Musk and the Open Philanthropy Project. Musk contributed $10 million toward the effort. A total of $7 million will be awarded to fund the research teams for up to three years, most starting in September. Another $4 million is available to support research grants for areas that emerge as most promising.

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Data Storage Systems deliver 4 million IOPS performance.

2015-07-06 14:31:05| Industrial Newsroom - All News for Today

Featuring scalable design, ETERNUS DX8700 S3 and DX8900 S3 are built for enterprises that demand peak performance up to 4 million IOPS, capacity up to 14 PB, enterprise-class resiliency, and always-on availability. With automated quality of service management, performance levels can be allocated according to business priorities. ETERNUS DX models are suited for consolidating data into one system, such as online transaction processing, file services, business analytics, and/or Big Data.

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UPC Ireland to acquire TV3 for EUR 80 million

2015-07-06 11:00:00| Telecompaper Headlines

(Telecompaper) Liberty Global subsidiary UPC Ireland has signed an agreement with Doughty Hanson to acquire Irish commercial broadcaster TV3 for EUR 80 million. An extra sum of up to EUR 7 million is payable based on TV3 hitting certain targets. On completion of the deal, TV3 will become part of Liberty Global group, demonstrating the latter's confidence in both TV3 and the Irish TV and production sectors. TV3 operates two free-to-air channels, the flagship TV3 channel and the youth-oriented 3e. In addition, it has TV3+1 on UPC and Sky, and the 3Player VoD platform. The deal is subject to regulatory approval from the Competition and Consumer Protection Commission and a separate media plurality test by the Irish Government.

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United Backs Fulcrum With $30 Million to Get Jet Fuel From Waste

2015-07-05 23:12:00| Waste Age

BloombergBusiness United Continental Holdings Inc., owner of the worlds second-biggest airline, is making a $30 million equity investment in Fulcrum BioEnergy Inc. to help develop fuel from garbage for its jets. read more

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