Rescue workers remove a body from the banks of the Rio Doce, the site of the Samarco dam burst. Reuters/Ricardo Moraes
With 11 Brazilian villagers confirmed dead and reports of up to 15 still missing – presumably buried under an avalanche of red mud – principles and profit at BHP Billiton have come into harsh collision with each another.
Apple could increase its dividend payout by more than 50 percent to $16 billion this year, according to analysts surveyed by Bloomberg. The technology company, which announced its first dividend a year ago this week, is expected to cave in to growing pressure from Wall Street and activist shareholders who are asking it to pay out a bigger piece of its $137 billion cash pile.
Yahoo has banned its employees from working ‘remotely’ as all staff are told to relocate to Yahoo’s nearest office outpost by June, or quit.
Yahoo has told its employees they can no longer work remotely from home, according to a leaked internal memo. “To become the absolute best place to work, communication and collaboration will be important, so we need to be working side-by-side. That is why it is so critical that we are all present in our offices,” read the memo from Yahoo’s human resource chief Jackie Reses.
The Securities and Exchange Commission has charged five individuals for acting on insider information alleged to be illegally obtained from an Alcoholics Anonymous meeting.
According to the complaint, 5 individuals are said to be involved in unlawful insider trading in the common stock of Philadelphia Consolidated, a Pennsylvania-based insurance holding company.
Stock Market Companies are either Corporations or Joint Stock Companies that get enlisted on the Stock Markets to raise capital through issuing and circulating shares or stocks, mainly in order to finance expansion programs.
