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The IMF’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory. This is the lacerating verdict...

Wayne C. Parker, 59, of Mooresville admitted guilt to one count of wire fraud during an appearance at federal court in Charlotte. Parker also agreed to forfeit assets worth up to $9.4 million. He will be sentenced later. According to the plea agreement, prosecutors plan to recommend a seven to...

The trio will be among the first senior bankers globally to be jailed for their role in the collapse of a bank during the crisis. The lack of convictions until now has angered Irish taxpayers, who had to stump up 64 billion euros - almost 40 percent of annual economic output - after a property...

Vancouver is spending $200,000 on an "Adult Toilet Training" program this summer, using humourous videos and ads in pink port-a-potties to bring the message to its 2.5 million system users that it's not OK to flush "flushable" wipes -- or anything else other than "pee, poo and toilet paper." In...

A film documenting the last day of hot metal typesetting at The New York Times. This film shows the entire newspaper production process from hot-metal typesetting to creating stereo moulds to high-speed press operation. At the end of the film, the new typesetting and photographic production...

If you ever go to one, stay in the car....... Let me drive and keep your doors locked And

In the race to redeem their Air Miles before they expire, many collectors are expressing frustrations about limited rewards options. "You're pretty much hosed," claims Toronto collector John MacKenzie. At the close of 2011, Air Miles introduced a five-year expiry date on rewards miles. That...

On Friday police made another public plea, participating in a two-hour call-in special on Univision called "Voices of Maryvale," during which they encouraged viewers to report any and all tips. "At this point, we're hoping to get a tip or something that somebody can give us that we can follow...

The last-known company still manufacturing the technology, the Funai Corp. of Japan, said in a statement Thursday that it would stop making VCRs at the end of this month, mainly because of “difficulty acquiring parts.” A Japanese newspaper, Nikkei, reported on the impending demise earlier this...

According to data obtained by Global News from the Independent Electricity System Operator (IESO), the organization responsible for managing Ontario’s energy system, residential customers and small businesses in Ontario paid an average of 7.9 cents per kilowatt hour in Global Adjustment fees...

The federal government has quietly approved the use of a highly controversial chemical for dispersing ocean oil spills, despite growing scientific evidence it doesn’t always work as claimed and even intensifies the toxicity of oil. Last month Environment Canada released regulations establishing...

On May 25, Judge William Mallory of the Ohio Court of Appeals, First Appellate District, sentenced Jake Strotman, who is religious, to attend Morning Star Baptist Church for 12 consecutive Sunday services. Strotman was accused of assaulting a Baptist preacher during a chaotic brawl after a...

In 1924, representatives of the world's leading lightbulb manufacturers formed Phoebus, a cartel that fixed the average life of an incandescent bulb at 1,000 hours, ensuring that people would have to regularly buy bulbs and keep the manufacturers in business. But hardware store LED...

As the Conservatives push for more help for Yazidis fleeing persecution at the hands of Islamic militants, new information suggests their efforts to do so while in government were minimal. Data from a controversial audit of Syrian refugee cases ordered by former prime minister Stephen Harper...

First quarter results for 2016 show the Ontario economy growing at an annualized rate of three per cent, the highest in Canada and all G7 countries. Premier Kathleen Wynne said Ontario's real gross domestic product grew 0.8 per cent in January to March, following similar growth in the fourth...

Hosts of three southern Ontario radio stations were ordered to not express any opinions about the troubled theme park on air, because Marineland does so much business with Bell. “In light of Marineland opening and the ongoing controversy I want to make sure we’re all on the same page regarding...

Datta Phuge shot into the global limelight in 2013 when he bought a shirt made with more than 3kg of gold and worth $250,000 (£186,943). A money lender based in western Pune, Mr Phuge was called "the gold man". Four persons have been detained for questioning. Police suspect a dispute over...

Italy is about to begin a national debate about legalizing marijuana, and one senior official is promising that, should the country forge ahead in regulating and taxing pot, it could be a blow to the Islamic State and the mafia at the same time. Legislation will be introduced in the Italian...

According to the FTC’s complaint, Herbalife claims that people who participate can expect to quit their jobs, earn thousands of dollars a month, make a career-level income, or even get rich. But the truth, as alleged in the FTC complaint, is that the overwhelming majority of distributors who...

After decades of insufficient or insincere attempts to address emissions from Canada’s fastest growing source of climate pollution, a new government-sponsored oilsands advisory group may help resolve political gridlock surrounding the nation’s most contentious natural resource by bringing...