U.S. regulators set to slam $1billion fine on Wells Fargo over loan abuses

Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results. The San Francisco-based lender, which reported a quarterly profit, said it may have to restate results to reflect the final… Read More U.S. regulators set to slam $1billion fine on Wells Fargo over loan abuses

Popular Czech movie director Milos Forman dies at 86

Milos Forman, the Czech-born movie director who found fame in Hollywood with the Oscar-winning classics ‘One Flew Over the Cuckoo’s Nest’ and ‘Amadeus’, has died at the age of 86. Forman passed away on Friday in the United States, where he lived, after a short illness, his wife, Martina, told Czech news agency CTK on… Read More Popular Czech movie director Milos Forman dies at 86

U.S., Britain and France launch airstrikes on Syrian chemical weapons facilities

​Air strikes by U.S., British and French forces crippled Syria’s chemical weapons program and all missiles launched hit their targets, the Pentagon said on Saturday as President Donald Trump declared “Mission Accomplished.” The 105 missiles launched overnight in retaliation for a suspected poison gas attack in Syria targeted three chemical weapons facilities, including a research… Read More U.S., Britain and France launch airstrikes on Syrian chemical weapons facilities