Payouts Loan Scandal

Car buyer payouts over loan scandal could be delayed

Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.

Veterans demand better payout for gay ban

Leading charities have written to the prime minister, calling the average payments "unacceptably low".

EY partner payouts in UK fall to £723,000 on average

Big Four accounting firm hit by sharp slowdown in revenue growth and an increase in partnership size

Business - Financial Times - October 25

Investors Want to See a Payout on Microsoft’s AI Efforts

As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.

Business - Inc. - October 28

4 arrested for faking bear attacks for insurance payouts

Four people have been arrested for allegedly carrying out a bizarre insurance fraud scheme where they staged bear attacks inside cars. Authorities say the suspects submitted videos for insurance ...

Trump and student loans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump's win means for student loan forgiveness Advocates are now focusing ...

Politics - The Hill - 6 days ago

Sinologist Li Cheng: ‘America is not in the mood to study China’

The political expert on the breakdown of US-Sino relations, what Xi Jinping’s fourth term might hold — and why neither Harris nor Trump makes him hopeful of change

Business - Financial Times - October 25

4 arrested in California for allegedly staging bear attacks to receive insurance payouts

Investigators accused four suspects of staging bear attacks using a costume to damage vehicles in a San Bernardino County mountain community in order to receive payouts totaling more than $140,000.

Britain's car finance industry is in crisis – with banks bracing for billions in payouts

The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).

Business - CNBC - 14 hours ago

Person in bear costume faked attacks on cars for insurance payout, officials say

Four people have been charged with insurance fraud for claiming that their cars were trashed by a bear — which was actually someone in a bear costume, officials said Wednesday.

The Medicare scandal hiding in plain sight

Who can you trust when it comes to Medicare advice?

Business - MarketWatch - October 19

The abuse scandal that led to the archbishop's resignation

Justin Welby said he had to take responsibility for failures since he was notified about abuse committed by John Smyth.

US finalises $20bn loan to Ukraine

Treasury officials say at least half of the funds could be delivered to Kyiv before end of year

Business - Financial Times - October 23

Is a $100,000 home equity loan worth it?

A $100,000 home equity loan could be worth opening for a wide swath of homeowners. Here's why.

The Scandal of the Indonesian Leader’s Son and the Private Jet

It was a major blow to the Everyman image cultivated by President Joko Widodo, who stepped down on Sunday.

World - The New York Times - October 20

Georgia’s Marquee Win Was Nearly Overshadowed by an Officiating Scandal

Texas students pelted the field with objects after a pass interference call on Saturday evening.

Sports - The New York Times - October 21

For Trump, a Lifetime of Scandals Heads Toward a Moment of Judgment

No major party presidential candidate, much less president, in American history has been accused of wrongdoing so many times.

Top stories - The New York Times - October 20

Post Office scandal musical 'shows the heartache'

After a landmark TV drama, more wrongly accused sub-postmasters are shown in a new stage musical.

Japan's ruling party loses its majority in blow to new PM

The prime minister announced a snap election despite voter apathy and low approval ratings.

Chile’s leftwing government hit by rape scandal

President Gabriel Boric’s flagging popularity falls further amid allegations against his former security secretary

Business - Financial Times - October 28

FirstFT: Twin scandals hit PwC’s Asia profits

Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?

World - Financial Times - October 29

Spate of business scandals puts Australian boards on notice

A common thread to the controversies has been whether oversight of the country’s largest companies has been bent to the will of powerful executives

World - Financial Times - November 7

South Korea's president denies wrongdoing in a growing scandal

South Korea's president has denied wrongdoing over a burgeoning influence-peddling scandal involving him and his wife

World - ABC News - November 7

Is Department of Veterans Affairs care really ‘scandalously substandard’?

VA, certainly, is not perfect. The department has issues — but, as a former secretary of Veterans Affairs, I am convinced the health care VA provides veterans is better than most other Americans ...

Politics - The Hill - November 7

Archbishop of Canterbury resigns amid backlash for failing to report serial abuser

Archbishop of Canterbury Justin Welby resigned Tuesday after an investigation found he failed to promptly report abuse by a volunteer at Christian summer camps.

Archbishop of Canterbury resigns over Church abuse scandal

His resignation comes after a damning report into a prolific child abuser associated with the Church.

Archbishop of Canterbury resigns over abuse scandal

Justin Welby had faced intense pressure over his role in Church of England’s failure to halt years of attacks by child abuser

Business - Financial Times - 2 days ago

Canada fires coach Priestman over drone scandal

Bev Priestman will not return as head coach of the Canadian women's soccer team following an independent report into the use of drones to spy on an opponent at this year's Paris Olympics, Canada ...

Sports - ESPN - Yesterday

US expected to pay up to $20bn into G7 loan for Ukraine

Washington’s contribution would follow months of wrangling to secure funding before presidential election

Business - Financial Times - October 18

UK will provide $3bn towards G7 loan for Ukraine

US and Japan only member nations still to clarify their contributions to $50bn package

Business - Financial Times - October 21

Deutsche Bank warns of rising bad loan provisions

German lender posts record third-quarter profits but tells investors to brace again for credit risks