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Largest college admissions fraud scam in US history unearthed

BOSTON: Federal authorities arrested dozens on Tuesday for a US$25 million (£19.1 million) scheme to help wealthy Americans, including actresses Felicity Huffman and Lori Loughlin and some CEOs, cheat their children's way into elite universities, such as Yale and Stanford.

The 10 best paid hedge fund managers made US$7.7b in 2018

NEW YORK: Even for this Gilded Age of 0.0001 percenters, Kenneth Griffin drips money. The hedge-fund mogul recently closed on a New York penthouse for an eye-watering $240 million. Before that he picked up a $122 million London mansion.

Getting employees involved in giving

BUSINESSES have traditionally given out donations as part of their corporate social responsibility (CSR) efforts.

Eye on helping kids with poor sight

THE true mark of success is not just a measure of one’s wealth, but also how much of that wealth is given back to society.

Battersea donates RM52,600 to stroke victim’s family

KUALA LUMPUR: Battersea Power Station Development Company (BPSDC) donated £10,000 (RM52,600) to Sahrom Ahmad’s family after he suffered a stroke while in the UK for his daughter’s graduation ceremony at the University of Loughborough.

Whiff of extinction blows in long-running bull market

NEW YORK: It’s been derided as a house of cards, a gift to the 1%, an experiment in monetary policy taken way too far.

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Goldman Sachs ignored 1MDB warning signs in pursuit of Asian business

Firm blames rogue bankers for dealings with scandal-plagued Malaysian investment fund, but engaged in lax oversight of partners

Most big companies failing UN human rights test, ranking shows

LONDON: Most big companies operating in sectors at high risk of labour abuses are failing to meet human rights standards set by the United Nations, according to an analysis of 100 major companies published on Monday.

Microsoft co-founder Paul Allen dies of cancer complications at 65

Microsoft Corp co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to start what became the world's biggest software company, died on Monday at the age of 65, his family said.

BToto Q1 net profit up on higher revenue

Company declares dividend of four sen per share