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US foundation embroiled in bank IT bribe claims seeks fresh start

2016-02-01 13:14:35| Automakers - Topix.net

A US not-for-profit that was linked to bribery allegations involving former Commonwealth Bank of Australia IT executives has sought a fresh start, ditching its previous name and online presence. The Ace Foundation is a not-for-profit corporation that NSW Police have alleged was used to channel kickbacks to former CBA executives, Jon Waldron and Keith Hunter, who are accused of accepting money in return for awarding contracts to US software company ServiceMesh.

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Japan minister quits over bribery claims

2016-01-28 10:41:03| BBC News | Business | UK Edition

Japan's Economy Minister Akira Amari says he is resigning after being linked to corruption allegations, but denies any personal wrongdoing.

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One in five home cover claims rejected

2016-01-26 01:13:19| BBC News | Business | UK Edition

More than one in five home insurance claims are unsuccessful owing, in part, to the complexity of policies.

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GM ignition switch trial ends abruptly amid claims of fraud

2016-01-24 00:11:02| Real Estate - Topix.net

A trial that was supposed to help settle hundreds of lawsuits stemming from General Motors' faulty ignition switches abruptly ended Friday, a day after the judge raised questions about the plaintiff's truthfulness.

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TSMC will begin 10nm production this year, claims 5nm by 2020

2016-01-20 19:30:38| Extremetech

TSMC may have lost ground to Samsung in 2015, but the company is determined to gain it back. The firm wants to have leaped to 5nm by 2020 -- a challenging pace given the headwinds in the semiconductor industry.

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