News

Toyota to recall 7.4 million vehicles

Toyota has announced another wave of recalls following concerns that faulty window switches could get jammed or break down in the driver’s and passenger’s side. The Japanese car manufacturer has also warned that owners should not attempt to resolve the situation with commercial lubricants because they can potentially “lead to overheating and/or melting of the…

Credit Suisse sued in US over securities

The US credit union regulator has filed a lawsuit against the American arm of Credit Suisse Securities, accusing it of selling faulty or misrepresented mortgage-backed securities to three credit unions, which later collapsed. The suit was filed in a federal court in Kansas City, Kansas. It was revealed in a statement by the National Credit…

Nasdaq cancels Kraft trades after glitch

Nasdaq was forced to cancel a number of stock trades in Kraft Foods after a trading glitch caused the company’s shares to shoot up nearly 30 percent. The trading error comes just days after Kraft Foods and their former snack business Mondelez International began trading as two separate companies. Kraft and Mondelez have recently switched…

EU study wants risky bank trading separate from retail

An advisory group set up by the European Commission has called for Europe’s biggest banks to keep their traditional deposit-keeping business legally apart from other, higher-risk activities. The recommendations intend to safeguard ordinary bank clients and savers from future banking crisis and to avoid further shocks to the banking system. The Liikanen Group made the…

How To Beautify A Home For Sale

When you first put your home on the market it may seem counterintuitive for you to have to think like a buyer, but that is just what you need to do. Even if you can’t have the upperhand (being the buyer) you can still do a few simple things to make your home more beautiful….