Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ […]

Obama budget calls for record US deficit

Friday, February 27, 2009 United States President Barack Obama unveiled his administration‘s 2010 United States federal budget on Thursday. The budget calls for a record US$3.6 trillion in spending. The new budget will use a $1.75 trillion deficit, which would be nearly four times greater than any previous deficit and is $250 billion larger than […]

Actress Virginia Mayo dies

Thursday, January 20, 2005Virginia Mayo, an actress famous for her movie roles of the 1940s and 1950s, died Monday, January 17, 2005 in a nursing home in Thousand Oaks, California, of pneumonia and heart failure. Tony Gieske. “Goldwyn Girl Virginia Mayo, versatile actress, dies at 84” — The Hollywood Reporter, January 18, 2005 Adam Bernstein. “Actress […]

Shuttle Discovery moved to VAB ahead of May launch

Saturday, April 26, 2008 Today at 11:07 GMT (07:07 local time), US Space Shuttle Discovery departed its hangar at the Kennedy Space Center Orbiter Processing Facility (OPF), and was towed into the Vehicle Assembly Building (VAB), arriving at 12:05 GMT (08:05 local time). Its next scheduled launch, STS-124, is currently targeted for the end of […]

Sir Edward Heath, former British PM, dies at 89

Sunday, July 17, 2005 Sir Edward Heath, Prime Minister of the United Kingdom from 1970-1974 and leader of the Conservative Party from 1965-1975, has died at his home in Salisbury just a week after his 89th birthday. Heath implemented the decimalization of the British coinage, led the United Kingdom into the European Economic Community, attempted […]

Pupils fed through gates, school criticised

Friday, September 15, 2006 Schoolchildren at Rawmarsh Comprehensive School in South Yorkshire, England, are being fed fish and chips by their parents through the school gates at lunchtimes because parents do not believe their children are being given enough choice of food at lunchtime. The parents are standing outside the school gates in a cemetery […]