A year-long courtroom battle has ended in victory for Stella Wasiuk. The 84-year-old widow with no close family has been fighting a woman she trusted—her former caregiver Pauline Reid, reports thestar.com. In May 2010, Wasiuk provided $477,000 to buy a four-bedroom home in Ajax, Ontario in exchange for Reid’s promise to look after her for […]
The question "Who owns the Stanley Cup" brings hockey and trust law together.
How professional is your Facebook profile picture? All posted photos should help you put your best face forward.
A monthly gauge of U.S. consumer sentiment jumped higher in early October, pushing past Wall Street’s expectations, says MarketWatch. Economists had told MarketWatch before the release of the data today that while the index jumped up to a final reading of 78.3 in September, the gauge should be sitting higher on average and would be […]
The New York Times reports investigators are looking into the $6-billion trading loss.
Earlier this year, Greg Smith, ex-employee of Goldman Sachs, claimed the company had a toxic environment and that staff called clients “muppets.” But after an internal investigation, Goldman is saying there’s little substance to the allegations, reports Financial Times. Read: Goldman Sachs fined $22 million The investigation was dubbed the “muppet hunt.” Investigators interviewed dozens […]
U.S. lawmakers are being urged by regulators to cap the size of banks based on the amount of their borrowing.
No one likes to lose money. But if you make a bad financial decision, it can set you back a hefty penny or two. In the U.S., for example, the average mistake costs $23,000, reports MoneyWatch. While investing isn’t foolproof, there are some steps you can take to avoid potential losses. Read: Mind those mistakes […]
Scandal-ridden LIBOR may be losing its benchmark status now that a smaller group of banks are the ones setting it, reports Bloomberg. Read: Should LIBOR be scrapped? Submissions by Bank of America Corp., Citigroup Inc., Bank of Tokyo Mitsubishi UFJ Ltd., RBC, and Sumitomo Mitsui Financial Group Inc. have been used in setting the rate […]
Facebook is testing a “Want” button for online retailers, reports Financial Times. Read: Facebook faces privacy concerns, again Perhaps competing with popular photo-sharing site, Pintrest, the new Facebook feature allows consumers to add product images to an online wish list. Read: Google to top Facebook? The launch is part of a test series called Collections. […]