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Founder of Geneva Investment Firm Gets 5 Years for Embezzlement
Founder of Geneva was sentenced to 5 years of prisonment for embezzlement. The founder of an investment firm based in west suburban Geneva has been sentenced to five years in federal prison for embezzling client funds to pay for his lavish lifestyle, including a yacht and a luxury vehicle.
Liberty Media Boosts F1 Investment By $13 Million
Liberty Media had invested worth $13 million to F1 racing. Liberty Media has raised its stake n Formula One by 0. 47% to 19. 1% through investing $13 million in the auto racing series that is agreed to take over for $4.
Ontario Revamps Financial Regulatory Companies
Referring to a call for modernization, the Finance Minister of Ontario revealed on Tuesday the government’s plan to overhaul some of the financial regulatory bodies in the province to create a new watchdog with its center of attention on consumers.
On Trump’s Victory: Drugmakers Jump After Price Concerns Are Relieved
Among the notable gainers in Wednesday’s early exchange are pharmaceutical stocks as Donald Trump’s victory alleviated the worries that a Clinton presidency would be in command on drug prices in the largest market for prescription drugs in the world.