Australia's Commonwealth Bank has said it will pay a $700m (£400m; $530m) fine for breaching anti-money laundering and counter-terror financing laws.
The scandal relates to 53,000 suspect transactions that the bank did not immediately report to authorities.
Last year, Australia's financial intelligence agency accused the lender of "serious and systemic" law...
How low can unemployment go?
The rate fell to 3.8% last month, lowest since April 2000. Before that, it touched 3.4% in 1969 and hit a record low of 2.7% in December 1952.
But first, before you get too excited, some perspective.
A big reason unemployment dropped last month is the portion...
European markets were higher Monday morning amid a slew of corporate news.
The pan-European Stoxx 600 was up around 0.4 percent during early morning deals, with all sectors and major bourses in positive territory.
Europe's utility stocks led the gains Monday morning, up over 1.5 percent shortly after the opening bell....
Circa - NASA astronomers have discovered a neutron star outside of the Milky Way galaxy for the first time.
"Neutron stars are the ultra-dense cores of massive stars that collapse and undergo a supernova explosion," NASA explains on their website." This newly identified neutron star is a rare variety that...
An experimental cancer drug from Loxo Oncology performed even better in patients with a rare mutation of the RET gene than previously reported, according to updated results from an early stage clinical trial presented on Saturday.
Last month, Loxo released preliminary data that showed its drug, LOXO-292, targeting RET mutations...
If a strange new particle actually exists, it would transform the foundations of particle physics and could help solve cosmic puzzles like the existence of dark matter, an unidentified inert substance that makes up the preponderance of the matter in the universe. An experiment at the Fermi National Accelerator...
When Consumer Reports recently found that the braking distance on the Tesla Model 3 was worse than that of a Ford F-150, CEO Elon Musk took the criticism and found a solution. Days later, Tesla shipped an over-the-air update that, according to CR’s testing, improved the braking distance by...
You’re only as strong as your weakest link, and for backpackers, that’s usually the joints. Connective tissues like tendons and ligaments are tougher to strengthen than muscle, and injuring them isn’t pretty: Tweaked knees, rolled ankles, and achy hips can be trip-enders. Improve your odds of a pain-free hike...
Physicists are both thrilled and baffled by a new report from a neutrino experiment at Fermi National Accelerator Laboratory near Chicago. The MiniBooNE experiment has detected far more neutrinos of a particular type than expected, a finding that is most easily explained by the existence of a new elementary...
If you're searching for an all-natural way to lift your mood, preserve muscle tone, and protect your brain against the decline that comes with aging, look no further than the closest mirror.
One of the most powerful means of reaping these benefits is exercise — and in many cases, you...
