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Regulators to seek penalty on Toshiba for false accounting: Nikkei

Japan’s financial watchdog plans to seek a financial penalty on Toshiba Corp , currently being investigated by an independent committee over accounting irregularities, the Nikkei reported on Saturday. The Securities and Exchange Surveillance Commission (SESC) believes the company falsified financial statements and will recommend as early as September that the Financial Services Agency impose a fine, the business daily said, citing sources. An SESC spokesman declined to comment, while Toshiba

Exclusive: Uber, Lyft face disability access questions from Massachusetts

The Massachusetts attorney general’s office is examining how Uber and Lyft ensure equal access for people with disabilities, a spokeswoman for the attorney general told Reuters, adding to numerous other business issues facing the two companies. Disabilities rights activists have questioned how Uber Technologies Inc [[UBER.UL] and Lyft drivers handle passengers in wheelchairs and the blind, but the Massachusetts inquiry appears to be the first from an attorney general, opening

Boeing to take big U.S. tanker charge, says will hit profit

Boeing Co (BA.N) said on Friday it will take a $536 million after-tax charge in its second-quarter results to deal with problems in the fuel system on the KC-46A aerial refueling tanker it is developing for the U.S. Air Force. It said added funds were needed to cover higher costs for development, certification and initial production of the tanker aircraft, while keeping the $49 billion, 179-aircraft program on track for

'Breakfast at Tiffany's' Brownstone Fetches $7.4 Million

Filed under: News, Celebrity Homes Getty ImagesAudrey Hepburn was nominated for an Oscar for her role as Holly Golightly in the 1961 film “Breakfast at Tiffany’s.” By Catherine Sherman Courtesy of Peter*Ashe Real Estate via ZillowThe brownstone at 169 E. 71st St. on the Upper East Side. You may remember Audrey Hepburn and George Peppard standing on these front steps. The brownstone featured prominently in “Breakfast at Tiffany’s” has sold

Galapagos airport evolves to renewable energy only

The Galapagos islands are known, of course, for those lumbering, giant tortoises and as the inspiration for Darwin’s theory of evolution. Now they boast another cool distinction: an airport believed to be the only one in the world working exclusively on wind and solar energy. The metamorphosis to an earth-friendly place serving nature-loving tourists could not be more stark, considering that the airport was actually born of war.

Dr. Stephen Leeb: Broadcast Interview – Available Now

Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management – Dr. Leeb is a registered investment advisor and has been managing big cap growth portfolios since 1999. Over the last decade, his independently-verified performance record has been ranked in the top 5 percent among peers according to Informa’s PSN manager database. Dr. Leeb is a New York Time’s Best Selling author, eight books total on investments and financial trends.

Dr. Stephen Leeb

Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management – Dr. Leeb is a registered investment advisor and has been managing big cap growth portfolios since 1999. Over the last decade, his independently-verified performance record has been ranked in the top 5 percent among peers according to Informa’s PSN manager database. Dr. Leeb is a New York Time’s Best Selling author, eight books total on investments and financial trends.