US authorities in dark over Madoff
TOP US Securities and Exchange Commission officials were in the dark that staff were probing Bernard Madoff until the former financier was arrested in December 2008 for running a $65 billion Ponzi scheme, a Federal watchdog said in a report released overnight.
G20 split on banning bank bonuses
EUROPEAN finance chiefs have called for an end to the bonus culture among bankers, highlighting a split with the US at G20 talks also debating the winding down of emergency support to the world economy.
US markets higher on jobs data
WALL Street stocks jumped overnight after the Government reported a smaller-than-expected decline in payrolls in August while US unemployment edged up 9.7 per cent in August.
Packer builds war chest with sell-off
JAMES Packer yesterday dumped his entire $400 million stake in Challenger Financial Services, strengthening his war chest to fight off Kerry Stokes's unwelcome advances on Consolidated Media.
'Scalpel tourism' not what doctor ordered
Promote medical tourism, says tourism bodyDoctors warn this could lead to bidding warCould also lead to inappropriate treatments
Gold poised to strike $US1000 an ounce
GOLD prices could soon rise to $US1000 an ounce because of the recent rapid strengthening of its price but was unlikely to remain above that level, analysts say.
Pfizer whistleblower earns $61m payout
Whistleblower has earned a $61m payoutCalls for laws to be changed in Australia Share prices: Check the latest
Storm boss provides little comfort
Storm boss grilled over collapse Investors lost millions Says stress is "crushing" him
BP discovers 'giant' oil well
BRITISH energy company BP has made a "giant" oil discovery in the Gulf of Mexico after drilling one of the industry's deepest-ever wells.
US stocks dip amid jobs jitters
US stocks dipped in choppy trade overnight, extending losses a third day, after a worse-than-expected non-farm payrolls report added to concerns ahead of Saturday's key August jobs data.